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Genco Shipping & Trading Ltd

Genco Shipping & Trading Ltd

GNK · NYSE · Industrials / Marine Shipping

26.14USD-0.27 (-1.02%)

Price History

Full chart

Market Stats

Previous Close26.41
Open26.50
Day Range25.97 – 26.54
52-Week Range14.40 – 28.42
Volume572.65K
Market Cap1.14B
P/E (TTM)28.67
Forward P/E9.51
EPS0.91
Dividend Yield6.81%
Beta0.90
50-Day Avg26.23
200-Day Avg23.39

About

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. It operates through two segments: major bulk and minor bulk fleet. The company owns and operates dry bulk vessels to transports iron ore, grains, coal, steel products, and other drybulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. John C. Wobensmith C.F.A.
  • Employees1.06K
  • Headquarters299 Park Avenue, New York, NY, United States, 10171, USA
  • Websitehttps://www.gencoshipping.com

Leadership

  • Mr. John C. Wobensmith C.F.A.CEO, President, Secretary & Chairman of the Board · b. 1970
  • Mr. Peter Allen C.F.A.Chief Financial Officer · b. 1987
  • Mr. Joseph Adamo CPAChief Accounting Officer, Controller & Treasurer · b. 1962
  • Mr. Jesper ChristensenChief Commercial Officer · b. 1986

Financials

Income Statement

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue1.89M116.91M133.23M185.39M405.37M379.53M448.69M392.21M226.45M227.46M227.46M153.96M135.59M209.70M367.52M389.50M355.56M547.13M536.93M383.82M423.02M342.05M
Growth (%)-+6095.34%+13.97%+39.15%+118.66%-6.37%+18.22%-12.59%-42.26%+0.45%0.00%-32.32%-11.93%+54.66%+75.26%+5.98%-8.71%+53.88%-1.86%-28.52%+10.21%-19.14%
Cost of Revenue185.00K19.42M25.61M32.72M52.25M62.34M83.44M109.97M260.39M260.46M8.05M221.82M203.19M195.18M282.79M358.25M319.88M320.87M340.68M315.66M306.33M296.05M
Gross Profit1.70M97.48M107.62M152.66M353.12M317.20M365.24M282.24M-33.94M-33.00M219.42M-67.86M-67.61M14.52M84.73M31.24M35.68M226.26M196.26M68.16M116.68M46.00M
Gross Margin90.20%83.39%80.78%82.35%87.11%83.58%81.40%71.96%-14.99%-14.51%96.46%-44.08%-49.86%6.92%23.05%8.02%10.03%41.35%36.55%17.76%27.58%13.45%
Operating Expense561.00K28.74M37.30M21.59M118.75M106.70M143.95M169.60M35.41M33.91M219.54M125.00M118.27M44.13M84.21M59.64M239.02M25.14M29.02M74.01M29.63M36.87M
Operating Income1.14M68.75M70.32M131.07M234.38M210.49M221.29M112.64M-69.34M-66.91M-121.00K-192.87M-185.88M-29.61M516.00K-28.40M-203.34M201.12M167.24M-5.85M87.05M9.13M
Operating Margin60.47%58.80%52.78%70.70%57.82%55.46%49.32%28.72%-30.62%-29.41%-0.05%-125.27%-137.09%-14.12%0.14%-7.29%-57.19%36.76%31.15%-1.52%20.58%2.67%
EBITDA1.56M91.07M97.30M167.69M210.56M269.99M307.36M220.52M64.39M68.02M15.23M-152.96M-112.27M43.55M69.13M50.04M-136.63M255.02M230.06M64.34M159.90M85.08M
EBITDA Margin82.78%77.90%73.03%90.45%51.94%71.14%68.50%56.23%28.43%29.90%6.70%-99.35%-82.80%20.77%18.81%12.85%-38.43%46.61%42.85%16.76%37.80%24.87%
Net Income907.00K54.48M63.52M106.81M86.58M148.62M141.24M25.39M-144.93M-147.74M-147.74M-194.90M-217.16M-58.73M-32.94M-55.98M-225.57M182.01M158.58M-12.87M76.40M-4.37M
Net Income Margin48.07%46.60%47.68%57.61%21.36%39.16%31.48%6.47%-64.00%-64.95%-64.95%-126.59%-160.16%-28.00%-8.96%-14.37%-63.44%33.27%29.53%-3.35%18.06%-1.28%
R&D------000000000-------
R&D as % of Total Revenue------0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%-------
Interest Expense015.35M10.04M26.50M52.59M61.80M72.65M86.72M87.56M88.22M48.59M20.03M28.45M30.50M33.09M31.95M22.41M15.36M9.09M8.78M13.30M12.26M
Interest Expense % of Total Revenue0.00%13.13%7.53%14.30%12.97%16.28%16.19%22.11%38.66%38.78%21.36%13.01%20.99%14.54%9.00%8.20%6.30%2.81%1.69%2.29%3.14%3.58%

Balance Sheet

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets201.63M489.96M578.26M1.65B1.99B2.34B3.18B3.12B2.84B2.96B1.75B1.72B1.57B1.52B1.63B1.53B1.23B1.20B1.17B1.14B1.06B1.14B
Total Liabilities128.25M141.72M224.73M1.03B1.29B1.41B1.83B1.76B2.84B1.65B460.14M1.72B538.66M545.93M574.16M550.46M487.81M286.33M205.56M227.26M128.37M240.29M
Total Equity73.37M348.24M353.53M622.18M696.48M928.92M1.13B1.15B1.07B967.47M1.02B1.11B1.03B975.03M1.05B978.43M744.99M916.59M967.43M913.26M926.74M896.48M
Cash7.43M46.91M73.55M71.50M124.96M188.27M270.88M227.97M72.60M122.72M83.41M121.07M133.40M174.48M197.50M155.89M143.87M114.57M58.14M46.54M43.69M55.54M
Total Debt125.77M130.68M211.93M936.00M1.17B1.33B1.75B1.69B1.53B1.60B430.52M589.58M514.89M517.98M538.62M494.23M449.40M246.29M171.12M194.26M89.22M200.16M
Net Debt118.33M83.77M138.38M864.50M1.05B1.14B1.48B1.47B1.45B1.48B347.11M468.51M381.49M343.50M341.12M338.34M305.53M131.72M112.98M147.72M45.53M144.62M

Cash Flow

Currency: USD2004-12-312005-12-312006-12-312007-12-312008-12-312009-12-312010-12-312011-12-312012-12-312013-12-312014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow2.72M88.23M90.07M120.86M267.42M219.73M262.68M158.18M-18.83M-3.14M-60.15M-56.09M-49.98M26.52M65.91M59.53M36.90M231.12M189.32M91.78M126.85M31.89M
Investing Cash Flow-189.41M-268.07M-840.00K-984.35M-514.29M-306.21M-870.23M-133.37M-3.67M-146.56M-74.64M-56.77M6.87M14.96M-195.38M-22.85M37.44M-67.57M-55.02M-91.62M47.85M-91.57M
Financing Cash Flow194.13M219.32M19.41M861.43M300.33M149.79M690.16M-67.72M-132.87M199.82M95.48M150.52M55.44M-5.60M127.28M-77.19M-56.91M-222.69M-190.74M-17.40M-177.55M71.22M
Capital Expenditure148.49M268.07M1.84M765.13M514.04M288.71M985.28M132.62M3.27M146.56M55.09M67.36M787.00K552.00K243.33M50.42M20.04M117.46M56.04M94.01M56.68M92.44M
Free Cash Flow-145.77M-179.84M88.23M-644.27M-246.63M-68.98M-722.61M25.57M-22.10M-149.70M-115.24M-123.45M-50.77M25.96M-177.43M9.10M16.86M113.66M133.28M-2.23M70.17M-60.55M
Dividends Paid-15.23M61.04M69.58M117.11M117.11M5.37M7.60M4.08M1.59M1.59M020.88M20.88M20.88M20.88M9.85M13.46M115.73M40.91M67.51M32.81M
FCF to OCF-5363.25%-203.83%97.96%-533.06%-92.23%-31.39%-275.09%16.16%117.36%4761.42%191.59%220.10%101.57%97.92%-269.21%15.29%45.69%49.18%70.40%-2.43%55.32%-189.86%
Dividend Paid to FCF--8.47%69.19%-10.80%-47.48%-169.77%-0.74%29.74%-18.46%-1.06%-1.38%0.00%-41.12%80.41%-11.77%229.37%58.41%11.85%86.83%-1836.18%96.21%-54.19%

Earnings

Report DateNov 2, 2005Feb 13, 2006May 3, 2006Aug 2, 2006Nov 1, 2006Feb 8, 2007May 2, 2007Aug 1, 2007Oct 31, 2007Feb 13, 2008Apr 30, 2008Jul 30, 2008Oct 29, 2008Feb 25, 2009Apr 29, 2009Jul 29, 2009Oct 28, 2009Feb 24, 2010May 3, 2010Aug 9, 2010Nov 3, 2010Feb 23, 2011May 3, 2011Jul 26, 2011Nov 1, 2011Feb 21, 2012Apr 30, 2012Aug 1, 2012Oct 31, 2012Feb 20, 2013May 1, 2013Jul 31, 2013Nov 6, 2013May 19, 2014Jul 30, 2014Nov 17, 2014Mar 2, 2015May 8, 2015Aug 4, 2015Nov 5, 2015Mar 10, 2016May 9, 2016Aug 3, 2016Nov 2, 2016Mar 1, 2017May 8, 2017Aug 7, 2017Nov 1, 2017Feb 27, 2018May 8, 2018Aug 8, 2018Nov 7, 2018Mar 5, 2019May 8, 2019Aug 7, 2019Nov 6, 2019Feb 25, 2020May 6, 2020Aug 5, 2020Nov 4, 2020Feb 24, 2021May 5, 2021Aug 4, 2021Nov 3, 2021Feb 24, 2022May 4, 2022Aug 3, 2022Nov 9, 2022Feb 22, 2023May 3, 2023Aug 4, 2023Nov 8, 2023Feb 21, 2024May 8, 2024Aug 7, 2024Nov 6, 2024Feb 19, 2025May 7, 2025Aug 6, 2025Nov 5, 2025Feb 17, 2026May 6, 2026Aug 5, 2026Nov 4, 2026
EPS Estimate5.606.856.535.905.946.436.406.236.6410.2214.9517.5617.7515.5812.5911.3710.1810.4010.3010.789.619.593.491.990.01-0.92-7.20-6.56-8.05-8.81-11.39-10.41-8.55-7.90--5.30-6.30-7.40-6.90-2.35-6.20-7.30-5.83-5.42-0.86-0.60-0.43-0.30-0.01-0.010.070.100.29-0.14-0.42-0.010.11-0.24-0.530.020.110.030.771.401.960.961.171.060.640.140.20-0.150.420.520.440.410.30-0.28-0.13-0.010.370.030.510.77
EPS Actual5.506.006.606.206.006.506.406.007.6011.6016.5019.5018.5015.5013.2012.0010.9011.3010.6011.609.909.003.802.900.400.00-8.70-6.50-9.00-10.60-11.20-10.50-8.10-9.00-13.89-2.84-3.30-0.42-6.42-3.90-6.10-7.30-5.59-3.79-3.85-0.66-0.36-0.360.070.020.100.100.39-0.20-0.49-0.060.07-0.17-0.430.030.220.060.751.441.990.971.100.950.670.060.27-0.090.430.490.460.410.29-0.28-0.14-0.010.390.260.65-
Surprise-1.79%-12.41%1.07%5.08%1.01%1.09%0.00%-3.69%14.46%13.50%10.37%11.05%4.23%-0.51%4.85%5.54%7.07%8.65%2.91%7.61%3.02%-6.15%8.88%45.73%3900.00%100.00%-20.83%0.91%-11.80%-20.32%1.67%-0.86%5.26%-13.92%-46.42%47.62%94.32%6.96%-65.96%1.61%0.00%4.12%30.07%-347.67%-10.00%16.28%-20.00%800.00%300.00%42.86%0.00%34.48%-42.86%-16.67%-500.00%-36.36%29.17%18.87%50.00%100.00%100.00%-2.60%2.86%1.53%1.04%-5.98%-10.38%4.69%-57.14%35.00%40.00%2.38%-5.77%4.55%0.00%-2.49%0.00%-7.69%0.00%5.41%766.67%27.45%-
Timing-----------------------------------After-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursPre-marketAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hoursAfter-hours

Key Statistics & Ratios

Market Cap1.14B
Enterprise Value1.40B
Trailing P/E28.67
Forward P/E9.51
PEG Ratio-1.77
Price / Sales2.58
Price / Book1.30
EPS0.91
Book Value20.39
Revenue (TTM)440.69M
Gross Profit (TTM)193.27M
EBITDA131.53M
Profit Margin9.15%
Operating Margin24.97%
Return on Equity4.55%
Return on Assets3.86%
Shares Outstanding43.59M
Shares Float40.37M
Beta0.90
Dividend Yield6.81%
Dividend Rate1.80
Payout Ratio139.53%

Analyst Ratings

Strong Buy
Based on 8 analystsTarget 29.36
  • Strong Buy
    6
  • Buy
    1
  • Hold
    1

Ownership Breakdown

Institutions
56.72%
Insiders
15.51%
Retail / Other
27.77%

Top Institutional Holders

  • BlackRock Inc
    3.89M8.93%
  • Dimensional Fund Advisors, Inc.
    2.52M5.78%
  • American Century Companies Inc
    1.78M4.09%
  • Townsend & Associates Inc
    1.27M2.90%
  • Two Sigma Investments LLC
    1.14M2.61%
  • State Street Corp
    993.70K2.28%
  • The Colony Group LLC
    925.86K2.12%
  • Geode Capital Management, LLC
    855.97K1.96%
  • Charles Schwab Investment Management Inc
    693.90K1.59%
  • Morgan Stanley - Brokerage Accounts
    612.28K1.40%
  • Algert Global LLC
    574.03K1.32%
  • Vanguard Capital Management, LLC
    428.54K0.98%
  • Royce & Associates, LP
    416.40K0.96%
  • Oceanic Investment Management LTD
    408.28K0.94%
  • Renaissance Technologies Corp
    381.92K0.88%

Top Fund Holders

  • Avantis US Small Cap Value ETF
    1.52M3.50%
  • iShares Russell 2000 ETF
    840.63K1.93%
  • DFA US Small Cap Value I
    644.19K1.48%
  • BlackRock Advantage Small Cap Core Instl
    437.34K1.00%
  • Fidelity Small Cap Index
    356.35K0.82%

Dividends

20263×
0.80Aug 17, 20260.35May 18, 20260.50Mar 11, 2026
20254×
0.15Nov 17, 20250.15Aug 18, 20250.15May 22, 20250.30Mar 11, 2025
20244×
0.40Nov 18, 20240.34Aug 19, 20240.42May 21, 20240.41Mar 5, 2024
20234×
0.15Nov 21, 20230.15Aug 15, 20230.15May 15, 20230.50Mar 6, 2023
20224×
0.78Nov 18, 20220.50Aug 15, 20220.79May 13, 20220.67Mar 9, 2022
20214×
0.15Nov 12, 20210.10Aug 16, 20210.05May 14, 20210.02Mar 9, 2021
20201×
0.02Nov 16, 2020

Stock Splits

  • Jul 8, 20161:10