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Genco Shipping & Trading (GNK) Competitors

$23.18
+0.15 (+0.65%)
(As of 05/17/2024 08:53 PM ET)

GNK vs. ASC, GSL, TNP, TK, NVGS, SB, NMM, OSG, PANL, and SMHI

Should you be buying Genco Shipping & Trading stock or one of its competitors? The main competitors of Genco Shipping & Trading include Ardmore Shipping (ASC), Global Ship Lease (GSL), Tsakos Energy Navigation (TNP), Teekay (TK), Navigator (NVGS), Safe Bulkers (SB), Navios Maritime Partners (NMM), Overseas Shipholding Group (OSG), Pangaea Logistics Solutions (PANL), and SEACOR Marine (SMHI). These companies are all part of the "deep sea foreign transportation of freight" industry.

Genco Shipping & Trading vs.

Genco Shipping & Trading (NYSE:GNK) and Ardmore Shipping (NYSE:ASC) are both small-cap transportation companies, but which is the superior business? We will contrast the two businesses based on the strength of their institutional ownership, profitability, analyst recommendations, media sentiment, earnings, community ranking, risk, valuation and dividends.

Ardmore Shipping has a net margin of 29.15% compared to Genco Shipping & Trading's net margin of 0.81%. Ardmore Shipping's return on equity of 21.06% beat Genco Shipping & Trading's return on equity.

Company Net Margins Return on Equity Return on Assets
Genco Shipping & Trading0.81% 5.15% 4.25%
Ardmore Shipping 29.15%21.06%16.12%

Genco Shipping & Trading has a beta of 1.11, meaning that its share price is 11% more volatile than the S&P 500. Comparatively, Ardmore Shipping has a beta of 0.36, meaning that its share price is 64% less volatile than the S&P 500.

Genco Shipping & Trading presently has a consensus target price of $25.00, suggesting a potential upside of 7.85%. Ardmore Shipping has a consensus target price of $21.50, suggesting a potential downside of 3.85%. Given Genco Shipping & Trading's higher probable upside, equities research analysts plainly believe Genco Shipping & Trading is more favorable than Ardmore Shipping.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Genco Shipping & Trading
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75
Ardmore Shipping
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00

Ardmore Shipping received 118 more outperform votes than Genco Shipping & Trading when rated by MarketBeat users. Likewise, 63.94% of users gave Ardmore Shipping an outperform vote while only 61.78% of users gave Genco Shipping & Trading an outperform vote.

CompanyUnderperformOutperform
Genco Shipping & TradingOutperform Votes
320
61.78%
Underperform Votes
198
38.22%
Ardmore ShippingOutperform Votes
438
63.94%
Underperform Votes
247
36.06%

Genco Shipping & Trading pays an annual dividend of $1.64 per share and has a dividend yield of 7.1%. Ardmore Shipping pays an annual dividend of $1.24 per share and has a dividend yield of 5.5%. Genco Shipping & Trading pays out 2,733.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Ardmore Shipping pays out 47.5% of its earnings in the form of a dividend.

58.6% of Genco Shipping & Trading shares are held by institutional investors. Comparatively, 62.2% of Ardmore Shipping shares are held by institutional investors. 2.5% of Genco Shipping & Trading shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Ardmore Shipping has higher revenue and earnings than Genco Shipping & Trading. Ardmore Shipping is trading at a lower price-to-earnings ratio than Genco Shipping & Trading, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Genco Shipping & Trading$383.83M2.58-$12.87M$0.06386.33
Ardmore Shipping$384.05M2.37$116.81M$2.618.57

In the previous week, Genco Shipping & Trading had 10 more articles in the media than Ardmore Shipping. MarketBeat recorded 16 mentions for Genco Shipping & Trading and 6 mentions for Ardmore Shipping. Ardmore Shipping's average media sentiment score of 0.46 beat Genco Shipping & Trading's score of 0.44 indicating that Ardmore Shipping is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Genco Shipping & Trading
4 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral
Ardmore Shipping
2 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Summary

Ardmore Shipping beats Genco Shipping & Trading on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding GNK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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GNK vs. The Competition

MetricGenco Shipping & TradingDeep sea foreign transportation of freight IndustryTransportation SectorNYSE Exchange
Market Cap$991.13M$1.11B$10.34B$18.08B
Dividend Yield7.08%4.83%3.65%3.44%
P/E Ratio386.3314.6522.5626.21
Price / Sales2.582.0422.9610.64
Price / Cash9.615.4816.0319.24
Price / Book1.080.962.236.00
Net Income-$12.87M$92.07M$668.17M$966.17M
7 Day Performance1.49%5.46%1.84%1.85%
1 Month Performance12.80%15.97%7.69%6.59%
1 Year Performance69.20%52.61%16.82%23.69%

Genco Shipping & Trading Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ASC
Ardmore Shipping
3.4349 of 5 stars
$21.93
+3.8%
$21.50
-2.0%
+73.6%$891.02M$395.98M8.4056
GSL
Global Ship Lease
3.149 of 5 stars
$24.98
+3.3%
$25.00
+0.1%
+40.6%$879.05M$674.79M3.007Analyst Revision
TNP
Tsakos Energy Navigation
1.9279 of 5 stars
$29.68
+2.7%
$30.00
+1.1%
+69.7%$875.86M$889.57M3.291,500News Coverage
TK
Teekay
2.7086 of 5 stars
$8.77
+2.2%
N/A+53.1%$797.63M$1.46B5.412,300
NVGS
Navigator
3.5319 of 5 stars
$16.52
+0.2%
$20.00
+21.1%
+28.0%$1.21B$550.74M14.88175Dividend Announcement
Gap Up
SB
Safe Bulkers
4.1562 of 5 stars
$5.51
-0.4%
$6.00
+8.9%
+56.0%$588.25M$284.40M8.109
NMM
Navios Maritime Partners
4.225 of 5 stars
$45.46
-6.6%
N/A+109.5%$1.37B$1.31B3.232,020Earnings Report
News Coverage
High Trading Volume
OSG
Overseas Shipholding Group
2.7052 of 5 stars
$6.69
-0.4%
N/A+73.7%$468.50M$451.87M8.161,078Earnings Report
Insider Selling
News Coverage
PANL
Pangaea Logistics Solutions
4.4425 of 5 stars
$7.90
+1.4%
$10.25
+29.7%
+29.2%$370.04M$499.27M10.39151
SMHI
SEACOR Marine
2.6885 of 5 stars
$13.15
+2.0%
$17.00
+29.3%
+65.9%$355.76M$281.07M-15.651,256

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This page (NYSE:GNK) was last updated on 5/20/2024 by MarketBeat.com Staff

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