Missed NVDA?
Don’t Miss the Next One.
Join 5,000+ investors using Ticker Nerd’s Market Radar to stay ahead of major market moves, analyst upgrades, and trending opportunities — for free.
GNK Stock Forecast 2026-2027
$23.04
Current Price
$998.04M
Market Cap
Buy 4
Hold 2
Sell 0
Wall St Analyst Ratings
Distance to GNK Price Targets
+30.2%
To High Target of $30.00
+20.4%
To Median Target of $27.75
+8.5%
To Low Target of $25.00
GNK Price Momentum
-4.7%
1 Week Change
+3.9%
1 Month Change
+92.2%
1 Year Change
+25.0%
Year-to-Date Change
-7.1%
From 52W High of $24.81
+105.7%
From 52W Low of $11.20
📊 TOP ANALYST CALLS
Did GNK Make This Month's Elite Buy List?
We don't follow just any analyst — only the top 3% with a proven track record make our cut. See if Genco Shipping is one of their latest high-conviction picks.
Latest GNK Stock Price Targets & Analyst Predictions
Based on our analysis of 10 Wall Street analysts, GNK has a bullish consensus with a median price target of $27.75 (ranging from $25.00 to $30.00). The overall analyst rating is Strong Buy (8.3/10). Currently trading at $23.04, the median forecast implies a 20.4% upside. This outlook is supported by 4 Buy, 2 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Liam Burke at B. Riley Securities, projecting a 30.2% upside. Conversely, the most conservative target is provided by Omar Nokta at Jefferies, suggesting a 8.5% 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
4
Buy
2
Hold
0
Sell
GNK Price Target Range
Low
$25.00
Average
$27.75
High
$30.00
Current: $23.04
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 19, 2026 | Alliance Global Partners | C.K. Poe Fratt | Neutral | Downgrade | $N/A |
| Aug 7, 2025 | Jefferies | Omar Nokta | Buy | Maintains | $19.00 |
| May 8, 2025 | Jefferies | Omar Nokta | Buy | Maintains | $17.00 |
| 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 | $N/A |
| 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 | $N/A |
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 $998.04M with a P/E ratio of 47.9x. The company generates $342.05M in trailing twelve-month revenue with a -1.3% profit margin.
Revenue growth is +10.8% quarter-over-quarter, while maintaining an operating margin of +17.3% and return on equity of -0.5%.
Valuation Metrics
Market Cap
$998.04M
Enterprise Value
$1.14B
P/E Ratio
47.9x
PEG Ratio
2.3x
Price/Sales
2.9x
Growth & Margins
Revenue Growth (YoY)
+10.8%
Gross Margin
+27.9%
Operating Margin
+17.3%
Net Margin
-1.3%
EPS Growth
+21.6%
Financial Health
Cash/Price Ratio
+5.6%
Current Ratio
2.4x
Debt/Equity
21.7x
ROE
-0.5%
ROA
+0.5%
💡 SKIP THE NOISE
97% of Analyst Ratings Go Nowhere
We filter thousands of calls to find the few that actually matter. Get the top analyst buy ratings — tracked and updated every Monday and Thursday.
Genco Shipping & Trading Limited (GNK) Business Model
About Genco Shipping & Trading Limited
What They Do
Specializes in ocean transportation of drybulk cargoes.
Business Model
The company operates a fleet of dry bulk vessels and generates revenue by chartering these vessels to trading houses, commodities traders, producers, and government entities. It segments its operations into Major Bulk and Minor Bulk, focusing on essential commodities like iron ore and coal.
Additional Information
As the largest U.S. headquartered drybulk shipowner, Genco Shipping & Trading Limited is crucial for global supply chains, supporting industries such as manufacturing, energy, and agriculture. Founded in 2004 and based in New York, it emphasizes high-specification vessels to meet international trade needs.
Company Information
Sector
Industrials
Industry
Marine Shipping
Employees
1,037
CEO
Mr. John C. Wobensmith C.F.A.
Country
United States
IPO Year
2015
Website
www.gencoshipping.comGenco Shipping & Trading Limited (GNK) Latest News & Analysis
Latest News
Quick Summary
Genco Shipping & Trading launched a website detailing its value strategy, strong governance, and risks from Diana Shipping's takeover attempt. It has returned $292M in dividends since 2021.
Why It Matters
Genco's launch of a dedicated website highlights its strong financial returns and governance, positioning it favorably against a takeover bid, which could impact shareholder value and investment stability.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
Genco Shipping & Trading emphasizes its commitment to long-term shareholder value, citing strong returns and investments in modern vessels, while urging shareholders not to act on Diana Shipping’s proposal.
Why It Matters
The news highlights Genco's strong performance and strategic focus on shareholder value, which could boost investor confidence and impact stock prices amid potential takeover threats.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
The company is taking strategic actions to expand its premium earning asset base, which aims to enhance its earnings power and increase dividend capacity.
Why It Matters
The news signals a company's focus on growth and profitability, enhancing its ability to generate earnings and pay dividends, which can lead to increased investor confidence and stock value.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Genco Shipping & Trading Rejects Revised, Non-Binding Indicative Proposal from Diana Shipping Inc.
22 days ago
Quick Summary
Genco's Board rejected Diana Shipping's $23.50 per share acquisition proposal, citing undervaluation and execution risks. The board remains open to discussions that reflect Genco's full value.
Why It Matters
Genco's board rejecting Diana's undervalued acquisition offer suggests strong corporate governance and potential for higher shareholder value, indicating a pivotal moment for Genco's stock performance.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Genco Shipping & Trading Issues Statement
21 days ago
Quick Summary
Genco Shipping & Trading Limited (NYSE:GNK), the largest U.S. drybulk shipowner, has released a statement regarding its operations as of March 20, 2026.
Why It Matters
Genco Shipping's announcement highlights its position as a major player in the drybulk sector, impacting market perceptions and potential investment opportunities in the commodities transportation industry.
Source: GlobeNewsWire
Market Sentiment:
Neutral
Quick Summary
GNK's fleet expansion, strong liquidity, and shareholder payouts have led to a 65% stock surge and a positive outlook, with rising earnings estimates.
Why It Matters
GNK's fleet expansion and strong liquidity indicate growth potential, while rising earnings estimates and shareholder payouts enhance investor confidence, driving stock performance.
Source: Zacks Investment Research
Market Sentiment:
Positive
Frequently Asked Questions About GNK Stock
What is Genco Shipping & Trading Limited's (GNK) stock forecast for 2026?
Based on our analysis of 10 Wall Street analysts, Genco Shipping & Trading Limited (GNK) has a median price target of $27.75. The highest price target is $30.00 and the lowest is $25.00.
Is GNK stock a good investment in 2026?
According to current analyst ratings, GNK has 4 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $23.04. 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 $27.75 in the next 12 months. This represents a 20.4% increase from the current price of $23.04. 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 fleet of dry bulk vessels and generates revenue by chartering these vessels to trading houses, commodities traders, producers, and government entities. It segments its operations into Major Bulk and Minor Bulk, focusing on essential commodities like iron ore and coal.
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 30.2% increase from the current price of $23.04.
What is the lowest forecasted price for GNK Genco Shipping & Trading Limited?
The lowest price target for GNK is $25.00 from Omar Nokta at Jefferies, which represents a 8.5% increase from the current price of $23.04.
What is the overall GNK consensus from analysts for Genco Shipping & Trading Limited?
The overall analyst consensus for GNK is bullish. Out of 10 Wall Street analysts, 4 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $27.75.
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 10, 2026 8:24 AM UTC