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Genco Shipping & Trading (GNK) Competitors

$22.02
+0.16 (+0.73%)
(As of 05/29/2024 ET)

GNK vs. TRMD, ZIM, SBLK, CDLR, DHT, SFL, LPG, CMRE, DAC, and NMM

Should you be buying Genco Shipping & Trading stock or one of its competitors? The main competitors of Genco Shipping & Trading include TORM (TRMD), ZIM Integrated Shipping Services (ZIM), Star Bulk Carriers (SBLK), Cadeler A/S (CDLR), DHT (DHT), SFL (SFL), Dorian LPG (LPG), Costamare (CMRE), Danaos (DAC), and Navios Maritime Partners (NMM). These companies are all part of the "deep sea foreign transportation of freight" industry.

Genco Shipping & Trading vs.

TORM (NASDAQ:TRMD) and Genco Shipping & Trading (NYSE:GNK) are both transportation companies, but which is the better business? We will compare the two companies based on the strength of their institutional ownership, analyst recommendations, profitability, media sentiment, risk, valuation, community ranking, dividends and earnings.

TORM has a net margin of 42.64% compared to TORM's net margin of 0.81%. Genco Shipping & Trading's return on equity of 36.99% beat TORM's return on equity.

Company Net Margins Return on Equity Return on Assets
TORM42.64% 36.99% 20.95%
Genco Shipping & Trading 0.81%5.15%4.25%

Genco Shipping & Trading received 315 more outperform votes than TORM when rated by MarketBeat users. Likewise, 61.78% of users gave Genco Shipping & Trading an outperform vote while only 35.71% of users gave TORM an outperform vote.

CompanyUnderperformOutperform
TORMOutperform Votes
5
35.71%
Underperform Votes
9
64.29%
Genco Shipping & TradingOutperform Votes
320
61.78%
Underperform Votes
198
38.22%

Genco Shipping & Trading has a consensus target price of $25.00, suggesting a potential upside of 13.43%. Given TORM's higher possible upside, analysts plainly believe Genco Shipping & Trading is more favorable than TORM.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
TORM
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A
Genco Shipping & Trading
0 Sell rating(s)
1 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.75

TORM pays an annual dividend of $4.38 per share and has a dividend yield of 11.6%. Genco Shipping & Trading pays an annual dividend of $1.68 per share and has a dividend yield of 7.7%. TORM pays out 58.7% of its earnings in the form of a dividend. Genco Shipping & Trading pays out 2,800.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Genco Shipping & Trading has increased its dividend for 1 consecutive years. TORM is clearly the better dividend stock, given its higher yield and lower payout ratio.

TORM has higher revenue and earnings than Genco Shipping & Trading. TORM 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
TORM$1.52B2.03$648.27M$7.465.07
Genco Shipping & Trading$383.83M2.43-$12.87M$0.06363.17

In the previous week, TORM and TORM both had 2 articles in the media. Genco Shipping & Trading's average media sentiment score of 1.58 beat TORM's score of 0.88 indicating that TORM is being referred to more favorably in the media.

Company Overall Sentiment
TORM Very Positive
Genco Shipping & Trading Positive

TORM has a beta of 0.16, suggesting that its stock price is 84% less volatile than the S&P 500. Comparatively, Genco Shipping & Trading has a beta of 1.11, suggesting that its stock price is 11% more volatile than the S&P 500.

73.9% of TORM shares are owned by institutional investors. Comparatively, 58.6% of Genco Shipping & Trading shares are owned by institutional investors. 0.4% of TORM shares are owned by company insiders. Comparatively, 2.1% of Genco Shipping & Trading shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.

Summary

TORM beats Genco Shipping & Trading on 10 of the 19 factors compared between the two stocks.

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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$931.74M$1.10B$9.74B$17.48B
Dividend Yield7.60%4.98%3.61%3.53%
P/E Ratio363.1713.7420.4723.47
Price / Sales2.432.1222.8510.00
Price / Cash9.175.6016.1119.29
Price / Book1.020.982.105.82
Net Income-$12.87M$95.29M$626.33M$975.91M
7 Day Performance-1.63%2.60%-0.18%-1.86%
1 Month Performance1.77%13.89%3.80%1.20%
1 Year Performance73.07%63.58%18.03%22.01%

Genco Shipping & Trading Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TRMD
TORM
2.7333 of 5 stars
$37.77
+1.9%
N/A+46.9%$3.08B$1.52B5.06579Upcoming Earnings
Positive News
ZIM
ZIM Integrated Shipping Services
0.4719 of 5 stars
$21.04
+8.4%
$10.51
-50.0%
+60.1%$2.53B$5.35B-0.994,778Analyst Forecast
Short Interest ↓
SBLK
Star Bulk Carriers
3.0674 of 5 stars
$26.99
+3.4%
$31.00
+14.9%
+51.5%$2.27B$949.27M12.16216Dividend Increase
Short Interest ↑
CDLR
Cadeler A/S
3.2323 of 5 stars
$23.66
+2.2%
$35.00
+47.9%
N/A$2.08B$117.55M0.00570Short Interest ↓
Gap Up
High Trading Volume
DHT
DHT
2.8691 of 5 stars
$12.21
+0.7%
$14.33
+17.4%
+48.3%$1.97B$560.56M11.631,212Short Interest ↑
SFL
SFL
0.75 of 5 stars
$14.15
-0.3%
$12.33
-12.8%
+62.0%$1.96B$752.29M14.5921
LPG
Dorian LPG
3.2931 of 5 stars
$48.07
+4.5%
$43.00
-10.5%
+97.8%$1.95B$560.72M6.33602Earnings Report
CMRE
Costamare
1.3761 of 5 stars
$15.07
+1.4%
$11.67
-22.6%
+88.6%$1.77B$1.51B5.842,750
DAC
Danaos
3.0474 of 5 stars
$90.59
+2.7%
$90.00
-0.7%
+51.1%$1.76B$973.58M3.131,718Earnings Report
Dividend Announcement
Analyst Forecast
News Coverage
NMM
Navios Maritime Partners
3.7552 of 5 stars
$48.72
+1.5%
N/A+131.0%$1.47B$1.31B3.682,020News Coverage

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This page (NYSE:GNK) was last updated on 5/29/2024 by MarketBeat.com Staff

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