Is Genco Shipping & Trading Limited (NYSE: GNK) Still On The Rise?

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours.

Stocks Info

This NYSE-listed company operates within the Marine Shipping industry segment, falling under the Industrials sector. The current market capitalization of Genco Shipping & Trading Limited is $614.00M. A total of 1.31 million shares were traded on the day, compared to an average of 476.39K shares.

In the most recent transaction, Christensen Jesper sold 13,602 shares of GNK for 13.96 per share on Feb 24 ’25. After the transaction, the Chief Commercial Officer now owns 57,322 company shares. In a previous transaction on Feb 24 ’25, Allen Peter George sold 8,984 shares at 13.96 per share. GNK shares that Chief Financial Officer owns now total 45,251.

Among the insiders who sold shares, Adamo Joseph disposed of 6,226 shares on Feb 24 ’25 at a per-share price of $13.96. This resulted in the Chief Accounting Officer holding 26,829 shares of GNK after the transaction. In another insider transaction, WOBENSMITH JOHN C sold 31,990 shares at $13.96 per share on Feb 24 ’25. Company shares held by the CEO, President, and Secretary now total 498,673.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Genco Shipping & Trading Limited pays an annual dividend of $1.57, resulting in a dividend yield of 10.93%, and it has a price to earnings (P/E) ratio of 8.20. GNK’s most recent ex-dividend date was 11% when it declared a $0.30 quarterly dividend that was paid in cash on 3/11/2025. Previously, the company paid the dividend on 11/18/2024 with an ex-dividend date of 9.1%. The GNK stock dividend was $0.40 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, GNK has a high of $23.43 and a low of $13.51.

As of this writing, GNK has an earnings estimate of -$0.24 per share for the current quarter. EPS was calculated based on a consensus of 6.0 estimates, with a high estimate of -$0.16 per share and a lower estimate of -$0.3.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. GNK’s latest balance sheet shows that the firm has $114.57M in Cash & Short Term Investments as of fiscal 2021. There were $246.29M in debt and $41.90M in liabilities at the time. Its Book Value Per Share was $21.67, while its Total Shareholder’s Equity was $916.67M.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for GNK is Buy with a score of 4.25.

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