Genco Shipping & Trading Limited (GNK) Stock Price & Analysis
Genco Shipping & Trading Limited (GNK) closed at USD 25.63 on Friday, October 23, 2026, up 2.93% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 24.9; the Oct 23, 2026 session ranged USD 24.78–25.63 on volume of 305,028 shares. Market capitalization is $1.12B, with a 52-week range of USD 15.58–28.42 (NYQ). Source: Nexqual, retrieved October 24, 2026 at 04:06 UTC.
Also available as compact Markdown for AI agents: nexqual.com/GNK.md
Key facts (GNK)
- Last four reported quarters (through Jun 30, 2026): revenue $441M, net income $40.3M (9.1% margin), free cash flow $70.0M (SEC filings).
- Valuation: P/E 27.7x (avg 8.0x at the last 1 fiscal year-ends), EV/EBITDA 9.7x, net debt $246M.
- Insider open-market sales, last ~7 months: 6 Form 4 filings, $60.5M; 6 not under a Rule 10b5-1 plan ($60.5M); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Buy (mean 2.17 on a 1–5 scale) (6 analysts), mean target USD 29.36 (range 26.8–32).
- Total return with dividends: 1Y +72.7% vs S&P 500 +13.4%; 5Y +126.3% vs S&P 500 +76.9%.
- Next earnings: 2026-11-04, EPS estimate USD 0.89, revenue estimate $110M.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (GNK)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $547M | $537M | $384M | $423M | $342M | $441M |
| Operating income | $201M | $167M | -$5.8M | $87.0M | $7.5M | $56.6M |
| Net income | $182M | $159M | -$12.9M | $76.4M | -$4.4M | $40.3M |
| EPS (diluted) | $4.27 | $3.70 | -$0.30 | $1.75 | -$0.10 | — |
| Free cash flow | $230M | $186M | $89.1M | $124M | $28.7M | $70.0M |
| Operating margin | 36.8% | 31.1% | -1.5% | 20.6% | 2.2% | 12.8% |
| Net margin | 33.3% | 29.5% | -3.4% | 18.1% | -1.3% | 9.1% |
| Revenue growth | +53.9% | -1.9% | -28.5% | +10.2% | -19.1% | — |
| Cash + short-term investments | $115M | $58.1M | $46.5M | $43.7M | $55.5M | — |
| Total debt | $238M | $165M | $190M | $82.2M | $189M | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (GNK)
P/E 27.7x · P/S 2.5x · EV/EBITDA 9.7x · EV/Sales 3.1x · P/FCF 16.0x · P/B 1.3x · FCF yield 6.26% · Earnings yield 3.61% · Dividend yield (paid, TTM) 4.55% · Net debt $246M · EV $1.36B
P/E at fiscal year-ends: Dec 2024 8.0x.
Insider sales (SEC Form 4, open-market, last ~7 months) (GNK)
0 of 6 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-01…2026-09-02 | Diana Shipping Inc. | 275,000 | $7.3M | 6.2% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-08-27…2026-08-28 | Diana Shipping Inc. | 10,707 | $279K | 0.2% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-08-25 | Diana Shipping Inc. | 648,256 | $17.2M | 12.8% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-08-21…2026-08-24 | Diana Shipping Inc. | 1,200,000 | $32.1M | 19.2% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-05-18 | Diana Shipping Inc. | 40,000 | $979K | 0.6% | No | Too little history (no open-market trades in 2023–2025) | |
| 2026-05-14…2026-05-15 | Diana Shipping Inc. | 108,603 | $2.7M | 1.7% | No | Too little history (no open-market trades in 2023–2025) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (GNK)
Consensus Buy (mean 2.17 on a 1–5 scale), 6 analysts; mean target USD 29.36 (low 26.8, high 32).
Total return (dividends reinvested) (GNK)
| 1Y (from 2025-10-24) | 5Y (from 2021-10-25) | |
|---|---|---|
| Total return | +72.7% | +126.3% |
| S&P 500 (SPY) | +13.4% | +76.9% |
| Per year | +73.0% | +17.8% |
| Volatility (annualized) | 36.5% | 37.9% |
| Max drawdown | -17.3% (Mar 2026→Mar 2026) | -51.0% (May 2022→Sep 2022) |
GNK suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Customer | Rio Tinto (RIO) | “For the year ended December 31, 2023, there were two customers that individually accounted for more than 10% of voyage revenues, Rio Tinto Shipping (Asia) Pte.” |
Quoted from the company's 10-K filed Feb 18, 2026.
GNK customer concentration
In the period ended Dec 31, 2025, a single direct customer accounted for 11% of revenue, per the company's 10-K filed Feb 18, 2026. The company does not name it.
GNK company outlook (results filed Aug 5, 2026)
- “Based on our significant operating leverage in a strengthening market, firm fixtures to date and assuming the current FFA curve, we project a record Q3 dividend of over $1 per share, an increase of more than 560% year-over-year.”
- “The actual market value of our vessels may vary. 2 Fleet Renewal and Growth The Company expects to take delivery of the Genco Volunteer, a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel, in August 2026.”
- “Pro forma for this vessel acquisition, we expect to have $380 million of debt outstanding and $300 million of undrawn revolver availability.”
- “Subject to the development of freight rates for the remainder of the third quarter and our assessment of our liquidity and forward outlook, we maintain flexibility to reduce the quarterly reserve to pay dividends or increase the amount of 3 dividends otherwise payable under our formula.”
Quoted word-for-word from the SEC 8-K results press release.
GNK analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $0.89 | $0.57 | +56.9% | $110.4M | 4 |
| Next quarter (ends Dec 2026) | $0.85 | $0.40 | +111.8% | $109.8M | 4 |
| Current fiscal year (ends Dec 2026) | $2.76 | $2.19 | +26.0% | $392.0M | 5 |
| Next fiscal year (ends Dec 2027) | $1.73 | $1.75 | -1.3% | $360.2M | 5 |
GNK options: expected move
Options price a move of about ±10.6% (±$2.72) by Nov 20, 2026, which includes earnings on Nov 4, 2026. Over the last 8 reports the stock moved ±3.1% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Nov 20, 2026 | 28 | 33.7% | ±10.6% |
| Feb 19, 2027 | 119 | 36.1% | ±16.0% |
| May 21, 2027 | 210 | 28.1% | ±17.3% |
30-day implied volatility 33.5% vs 35.1% realized over the last 30 trading days. Put/call ratio (volume) 40. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 24, 2026 at 04:06 UTC)
| Price | USD 25.63 |
|---|---|
| Change | ▲ 2.93% (up) |
| Previous Close | USD 24.9 |
| Open | USD 24.8 |
| Day Range | USD 24.78 – 25.63 |
| 52-Week Range | USD 15.58 – 28.42 |
| Volume | 305,028 shares |
| Market Cap | $1.12B |
| Exchange | NYQ |
Technical Analysis (GNK)
Nexqual's technical model rates GNK "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 24, 2026 at 04:06 UTC.
| Overall Signal | STRONG SELL |
|---|---|
| RSI (14) | 46.47 (neutral) |
| vs SMA50 | Below (USD 26.52) |
| MACD | -0.46 (negative) |
Analyst Ratings (GNK)
Wall Street analysts rate GNK "Buy" based on 6 analysts, with a mean price target of USD 29.36 (range USD 26.8–32), per Nexqual as of October 24, 2026 at 04:06 UTC.
| Consensus Rating | Buy |
|---|---|
| Analyst Count | 6 |
| Mean Target | USD 29.36 |
| High Target | USD 32 |
| Low Target | USD 26.8 |
| Buy / Hold / Sell | 4 / 2 / 0 |
Earnings (GNK)
| Next Earnings Date | 2026-11-04 |
|---|---|
| EPS Estimate | USD 0.89 |
| Revenue Estimate | $110.37M |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD 0.65 vs est 0.58 ▲ beat |
| 2026-03-31 | USD 0.26 vs est 0.03 ▲ beat |
| 2025-12-31 | USD 0.39 vs est 0.37 ▲ beat |
| 2025-09-30 | USD -0.01 vs est 0.06 ▼ miss |
Source: Nexqual, October 24, 2026 at 04:06 UTC.
Financials & Fundamentals (GNK)
| Total Revenue | $440.69M |
|---|---|
| Revenue Growth (latest quarter, YoY) | +68.50% |
| Gross Margin | +43.86% |
| Operating Margin | +24.97% |
| Profit Margin | +9.15% |
| ROE | +4.55% |
| Debt / Equity | 0.37 |
| Current Ratio | 2.97 |
| Total Cash | $73.59M |
| Total Debt | $325.20M |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | $69.95M (15.9% of revenue) |
Source: Nexqual, October 24, 2026 at 04:06 UTC.
Financial Health Score (GNK)
Nexqual rates Genco Shipping & Trading Limited's overall financial health "Mixed" across five dimensions, as of October 24, 2026 at 04:06 UTC.
| Growth | Critical — Revenue -23% YoY (annual), sharp decline |
|---|---|
| Profitability | Strong — Gross margin 44%, operating 25% (last 12 months) |
| Balance Sheet | Strong — $74M cash and investments vs $320M debt (Jun 2026, SEC) |
| Cash Flow | Strong — FCF $70M (last 4 quarters to Jun 2026, SEC), 16% margin |
| Efficiency | Weak — ROE 5%, ROA 3.9% |
Ownership (GNK)
| Insider Ownership | +15.51% |
|---|---|
| Institutional Ownership | +57.12% |
| Shares Outstanding | 43.59M |
| Float | 40.37M |
| Short % of Float | +3.50% |
Source: Nexqual, October 24, 2026 at 04:06 UTC.
Leadership (GNK)
Genco Shipping & Trading Limited is led by John C. Wobensmith C.F.A., CEO, President, Secretary & Chairman of the Board, per Nexqual as of October 24, 2026 at 04:06 UTC.
| CEO, President, Secretary & Chairman of the Board | John C. Wobensmith C.F.A. |
|---|---|
| Chief Financial Officer | Peter Allen C.F.A. |
Major Backers & Investors (GNK)
Notable institutional backers of Genco Shipping & Trading Limited include American Century Companies Inc, Townsend & Associates, Inc, Two Sigma Investments, LP, according to Nexqual as of October 24, 2026 at 04:06 UTC.
Active Investors
| Investor | Stake |
|---|---|
| American Century Companies Inc | 4.09% |
| Townsend & Associates, Inc | 2.9% |
| Two Sigma Investments, LP | 2.61% |
| Focus Partners Wealth | 2.34% |
| DFA INVESTMENT DIMENSIONS GROUP INC-U.S. Small Cap Value Portfolio | 2.08% |
| Morgan Stanley | 1.49% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 10.5% |
| Dimensional Fund Advisors | 5.78% |
| State Street | 2.53% |
| Geode Capital | 2.36% |
Source: Nexqual, October 24, 2026 at 04:06 UTC.
From Genco Shipping & Trading Limited's Latest SEC 10-K Filing (filed 2026-02-18)
Key Strengths & Strategy (as disclosed to the SEC)
- Our approach towards fleet composition is to own a high-quality fleet of vessels that focuses on Newcastlemax, Capesize, Ultramax and Supramax vessels.
- Our approach to capital allocation focuses on three key factors: Since 2021, we have executed this strategy by reducing our debt by $249.2 million cumulatively through December 31, 2025 while expanding our core Capesize and Ultramax fleet.
Partnerships
- Under our technical management agreement with GSSM, GSSM is obligated to: As of February 17, 2026, we fixed 21 of our vessels on spot market voyage charters where we provide a vessel for the transportation of goods between a load port and discharge port at a specified per-ton or on a lump sum basis.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| CCEC | Capital Clean Energy Carriers C | USD 20.27 | ▲ 0.15% |
| CMRE | Costamare Inc. | USD 14.02 | ▼ 0.92% |
| SFL | SFL Corporation Ltd | USD 12.66 | ▲ 2.59% |
| HOS | Hornbeck Offshore Services, Inc | USD 7.1 | ▲ 8.07% |
| NMM | Navios Maritime Partners LP | USD 89.37 | ▲ 1.23% |
| SBLK | Star Bulk Carriers Corp. | USD 28.98 | ▲ 1.15% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 24, 2026 at 04:06 UTC. This page is informational and not investment advice.
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