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GNK Stock Forecast: Genco Shipping & Trading Limited Price Predictions for 2025

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$12.83

-0.04 (-0.31%)

GNK Stock Forecast 2025-2026

$12.83
Current Price
$552.89M
Market Cap
9 Ratings
Buy 6
Hold 3
Sell 0
Wall St Analyst Ratings

Distance to GNK Price Targets

+133.8%
To High Target of $30.00
+32.5%
To Median Target of $17.00
+16.9%
To Low Target of $15.00

GNK Price Momentum

+4.6%
1 Week Change
-4.0%
1 Month Change
-40.5%
1 Year Change
-8.0%
Year-to-Date Change
-45.2%
From 52W High of $23.43
+14.6%
From 52W Low of $11.20
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Latest GNK Stock Price Targets & Analyst Predictions

Based on our analysis of 9 Wall Street analysts, GNK has a bullish consensus with a median price target of $17.00 (ranging from $15.00 to $30.00). The overall analyst rating is Strong Buy (8.4/10). Currently trading at $12.83, the median forecast implies a 32.5% upside. This outlook is supported by 6 Buy, 3 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Liam Burke at B. Riley Securities, projecting a 133.8% upside. Conversely, the most conservative target is provided by Fotis Giannakoulis at Morgan Stanley, suggesting a 16.9% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

GNK Analyst Ratings

6
Buy
3
Hold
0
Sell

GNK Price Target Range

Low
$15.00
Average
$17.00
High
$30.00
Current: $12.83

Latest GNK Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for GNK.

Date Firm Analyst Rating Change Price Target
Feb 20, 2025 Jefferies Omar Nokta Buy Maintains $19.00
Nov 7, 2024 Jefferies Omar Nokta Buy Maintains $25.00
Oct 23, 2024 Stifel Benjamin Nolan Hold Downgrade $17.00
Sep 4, 2024 Deutsche Bank Chris Robertson Buy Initiates $22.00
Jul 1, 2024 Alliance Global Partners Poe Fratt Buy Maintains $27.00
May 10, 2024 B. Riley Securities Liam Burke Buy Maintains $30.00
May 9, 2024 Jefferies Omar Nokta Buy Maintains $27.00
Apr 19, 2024 Stifel Benjamin Nolan Buy Maintains $23.00
Jan 5, 2024 BTIG Gregory Lewis Neutral Downgrade $0.00
Nov 30, 2023 Jefferies Omar Nokta Buy Maintains $20.00
Oct 19, 2023 Stifel Benjamin Nolan Buy Maintains $22.00
Jul 21, 2023 BTIG Gregory Lewis Buy Maintains $20.00
Jul 19, 2023 Stifel Benjamin Nolan Buy Maintains $23.00
Jun 6, 2023 Jefferies Omar Nokta Buy Maintains $18.00
Apr 25, 2023 Stifel Benjamin Nolan Buy Maintains $24.00
Feb 23, 2023 Jefferies Omar Nokta Buy Reiterates $20.00
Feb 23, 2023 BTIG Buy Maintains $0.00
Nov 10, 2022 BTIG Buy Maintains $0.00
Oct 10, 2022 B. Riley Securities Liam Burke Buy Maintains $27.00
Sep 30, 2022 Stifel Benjamin Nolan Buy Initiates $20.00

Genco Shipping & Trading Limited (GNK) Competitors

The following stocks are similar to Genco Shipping based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Genco Shipping & Trading Limited (GNK) Financial Data

Genco Shipping & Trading Limited has a market capitalization of $552.89M with a P/E ratio of 7.3x. The company generates $423.02M in trailing twelve-month revenue with a 18.1% profit margin.

Revenue growth is -14.1% quarter-over-quarter, while maintaining an operating margin of +15.0% and return on equity of +8.3%.

Valuation Metrics

Market Cap $552.89M
Enterprise Value $595.60M
P/E Ratio 7.3x
PEG Ratio 7.4x
Price/Sales 1.3x

Growth & Margins

Revenue Growth (YoY) -14.1%
Gross Margin +24.7%
Operating Margin +15.0%
Net Margin +18.1%
EPS Growth +156.7%

Financial Health

Cash/Price Ratio +8.0%
Current Ratio 2.4x
Debt/Equity 9.6x
ROE +8.3%
ROA +4.4%
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Genco Shipping & Trading Limited logo

Genco Shipping & Trading Limited (GNK) Business Model

About Genco Shipping & Trading Limited

What They Do

Specializes in maritime shipping of dry bulk goods.

Business Model

The company operates a diverse fleet of vessels to transport raw materials like iron ore, coal, grain, and steel products across international waters. Genco generates revenue by providing shipping services to commodity traders, producers, and manufacturers, leveraging its fleet's capabilities to meet varying demand in the dry bulk shipping market.

Additional Information

Founded in 2004 and headquartered in New York, Genco plays a vital role in the global transportation and logistics sector, facilitating international trade and linking resource-rich regions with industrial hubs.

Company Information

Sector

Industrials

Industry

Marine Shipping

Employees

1,037

CEO

Mr. John C. Wobensmith C.F.A.

Country

United States

IPO Year

2015

Genco Shipping & Trading Limited (GNK) Latest News & Analysis

Latest News

GNK stock latest news image
Quick Summary

Investors often seek dividend-yielding stocks during market turbulence, as these companies typically have high free cash flows and provide substantial dividend payouts.

Why It Matters

Dividend-yielding stocks attract investors during market volatility, indicating stability and consistent returns, which can safeguard portfolios against downturns.

Source: Benzinga
Market Sentiment: Positive
GNK stock latest news image
Quick Summary

Genco Shipping & Trading Limited (NYSE: GNK) will discuss Q1 2025 results in a conference call on May 8, 2025, at 8:30 a.m. ET, with results released on May 7 after market close.

Why It Matters

Genco Shipping's upcoming earnings call and financial results release can influence stock performance, providing insights into company health and market expectations, impacting investor decisions.

Source: GlobeNewsWire
Market Sentiment: Neutral
GNK stock latest news image
Quick Summary

Golden Ocean, Diversified Energy, and Saratoga Investment Corp are top Dividend Power stocks with strong cash flow. Analysts forecast net gains of 39.97% to 168.6% for top Dividend Power stocks by March 2026.

Why It Matters

High free cash-flow yields indicate stable dividends for Golden Ocean, Diversified Energy, and Saratoga Investment Corp. Potential gains of up to 168.6% by 2026 suggest attractive investment opportunities.

Source: Seeking Alpha
Market Sentiment: Positive
GNK stock latest news image
Quick Summary

Genco's stock is trading below book value with an over 8% dividend yield. The Baltic Drybulk Index's low affects revenue but offers upside as spot prices may rise.

Why It Matters

Genco's undervalued stock and high dividend yield attract interest, while potential revenue recovery from rising spot prices and strategic acquisitions signal growth opportunities.

Source: Seeking Alpha
Market Sentiment: Positive
GNK stock latest news image
Quick Summary

Genco Shipping & Trading Limited (NYSE:GNK) will hold its Q4 2024 earnings call on February 20, 2025, at 8:30 AM ET, featuring key executives and analysts from various firms.

Why It Matters

The Q4 earnings call for Genco Shipping could reveal key financial insights and performance metrics, impacting stock valuation and investor sentiment in the shipping sector.

Source: Seeking Alpha
Market Sentiment: Neutral
GNK stock latest news image
Quick Summary

Genco declared a Q4 2024 dividend of $0.30 per share, marking its 22nd consecutive quarterly dividend.

Why It Matters

Genco's 22nd consecutive dividend indicates strong financial stability and commitment to returning value, likely boosting investor confidence and stock attractiveness.

Source: GlobeNewsWire
Market Sentiment: Neutral

Frequently Asked Questions About GNK Stock

What is Genco Shipping & Trading Limited's (GNK) stock forecast for 2025?

Based on our analysis of 9 Wall Street analysts, Genco Shipping & Trading Limited (GNK) has a median price target of $17.00. The highest price target is $30.00 and the lowest is $15.00.

Is GNK stock a good investment in 2025?

According to current analyst ratings, GNK has 6 Buy ratings, 3 Hold ratings, and 0 Sell ratings. The stock is currently trading at $12.83. Always conduct your own research and consider your investment goals before making investment decisions.

What is the long-term price prediction for GNK stock?

Wall Street analysts predict GNK stock could reach $17.00 in the next 12 months. This represents a 32.5% increase from the current price of $12.83. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Genco Shipping & Trading Limited's business model?

The company operates a diverse fleet of vessels to transport raw materials like iron ore, coal, grain, and steel products across international waters. Genco generates revenue by providing shipping services to commodity traders, producers, and manufacturers, leveraging its fleet's capabilities to meet varying demand in the dry bulk shipping market.

What is the highest forecasted price for GNK Genco Shipping & Trading Limited?

The highest price target for GNK is $30.00 from Liam Burke at B. Riley Securities, which represents a 133.8% increase from the current price of $12.83.

What is the lowest forecasted price for GNK Genco Shipping & Trading Limited?

The lowest price target for GNK is $15.00 from Fotis Giannakoulis at Morgan Stanley, which represents a 16.9% increase from the current price of $12.83.

What is the overall GNK consensus from analysts for Genco Shipping & Trading Limited?

The overall analyst consensus for GNK is bullish. Out of 9 Wall Street analysts, 6 rate it as Buy, 3 as Hold, and 0 as Sell, with a median price target of $17.00.

How accurate are GNK stock price projections?

Stock price projections, including those for Genco Shipping & Trading Limited, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.

Important Disclaimer

The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Last updated: April 28, 2025 4:33 PM UTC
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