Genco Shipping & Trading (GNK) News Today $17.66 -0.11 (-0.62%) (As of 11/15/2024 ET) Add Compare Share Share Headlines Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOwnershipSEC FilingsShort InterestTrends All Sources Trusted Sources MarketBeat.com Benzinga Bloomberg GuruFocus MarketWatch Motley Fool NASDAQ PR Newswire Reuters Seeking Alpha The Street TipRanks The Wall Street Journal Yahoo Finance Source Sentiment refers to the positivity or negativity of each headline according to our language processing algorithm. Sentiment All Sentiments Very Positive Positive Neutral Negative Very Negative Most Recent November 2024 October 2024 September 2024 August 2024 July 2024 June 2024 May 2024 April 2024 March 2024 February 2024 January 2024 December 2023 November 2023 October 2023 September 2023 August 2023 July 2023 June 2023 May 2023 April 2023 March 2023 February 2023 January 2023 December 2022 November 2022 October 2022 September 2022 August 2022 July 2022 June 2022 May 2022 April 2022 March 2022 February 2022 January 2022 December 2021 Time Period B. Riley Expects Lower Earnings for Genco Shipping & TradingNovember 12, 2024 | americanbankingnews.comB. Riley Issues Pessimistic Outlook for GNK EarningsGenco Shipping & Trading Limited (NYSE:GNK - Free Report) - Stock analysts at B. Riley decreased their FY2025 EPS estimates for Genco Shipping & Trading in a research report issued to clients and investors on Thursday, November 7th. B. Riley analyst L. Burke now expects that the shipping companyNovember 11, 2024 | marketbeat.comQ3 2024 Genco Shipping & Trading Ltd Earnings Call TranscriptNovember 10, 2024 | gurufocus.comGenco Shipping Reports Strong Q3 2024 ResultsNovember 8, 2024 | markets.businessinsider.comB. Riley Has Pessimistic Outlook of GNK Q4 EarningsGenco Shipping & Trading Limited (NYSE:GNK - Free Report) - Analysts at B. Riley reduced their Q4 2024 EPS estimates for Genco Shipping & Trading in a research report issued to clients and investors on Thursday, November 7th. B. Riley analyst L. Burke now anticipates that the shipping company wilNovember 8, 2024 | marketbeat.comGenco Shipping & Trading (NYSE:GNK) Shares Gap Up - Still a Buy?Genco Shipping & Trading (NYSE:GNK) Shares Gap Up - Here's What HappenedNovember 7, 2024 | marketbeat.comGenco Shipping & Trading (NYSE:GNK) Given "Buy" Rating at Jefferies Financial GroupJefferies Financial Group restated a "buy" rating and issued a $25.00 price target on shares of Genco Shipping & Trading in a research note on Thursday.November 7, 2024 | marketbeat.comGenco (NYSE:GNK) Surprises With Q3 SalesNovember 6, 2024 | theglobeandmail.comGenco Shipping & Trading Limited Announces Q3 2024 Financial ResultsNovember 6, 2024 | globenewswire.comGenco Shipping & Trading Limited (NYSE:GNK) Receives Consensus Recommendation of "Moderate Buy" from BrokeragesNovember 6, 2024 | americanbankingnews.comEarnings To Watch: Genco Shipping & Trading Ltd (GNK) Reports Q3 2024 ResultNovember 5, 2024 | finance.yahoo.comGenco Shipping & Trading Limited (NYSE:GNK) Receives Average Rating of "Moderate Buy" from AnalystsShares of Genco Shipping & Trading Limited (NYSE:GNK - Get Free Report) have been assigned a consensus recommendation of "Moderate Buy" from the six analysts that are currently covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a hold rating and four have issueNovember 1, 2024 | marketbeat.comGenco Shipping & Trading (GNK) Scheduled to Post Quarterly Earnings on WednesdayGenco Shipping & Trading (NYSE:GNK) will be releasing earnings after the market closes on Wednesday, November 6, Zacks reports. (Register for Conference Call at http://mmm.wallstreethorizon.com/u.asp?u=637924)October 30, 2024 | marketbeat.comSemanteon Capital Management LP Takes $905,000 Position in Genco Shipping & Trading Limited (NYSE:GNK)Semanteon Capital Management LP purchased a new stake in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 46,405 shares of the shipping company's stockOctober 28, 2024 | marketbeat.comGenco Shipping downgraded to Hold from Buy at StifelOctober 23, 2024 | markets.businessinsider.comGenco Shipping & Trading (NYSE:GNK) Downgraded by Stifel NicolausStifel Nicolaus cut shares of Genco Shipping & Trading from a "buy" rating to a "hold" rating and decreased their price objective for the company from $26.00 to $17.00 in a research report on Wednesday.October 23, 2024 | marketbeat.comGenco Shipping & Trading Limited Announces Third Quarter 2024 Conference Call and WebcastOctober 21, 2024 | globenewswire.comGenco Shipping & Trading (NYSE:GNK) Stock Passes Below 50 Day Moving Average - Here's WhyGenco Shipping & Trading (NYSE:GNK) Stock Price Passes Below Fifty Day Moving Average - Time to Sell?October 15, 2024 | marketbeat.comGenco Shipping: A Great Platform To Weather Market UncertaintyOctober 10, 2024 | seekingalpha.comGenco Shipping: Strong Balance Sheet, Attractive Yields, And Significant Discount To NAVOctober 10, 2024 | seekingalpha.comGenco Shipping & Trading Limited to Acquire High-Specification Capesize VesselOctober 7, 2024 | globenewswire.comGenco Shipping & Trading Limited (NYSE:GNK) Receives Consensus Recommendation of "Moderate Buy" from AnalystsGenco Shipping & Trading Limited (NYSE:GNK - Get Free Report) has earned a consensus recommendation of "Moderate Buy" from the six analysts that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and five have issued a buy recomOctober 7, 2024 | marketbeat.comAQR Capital Management LLC Lowers Position in Genco Shipping & Trading Limited (NYSE:GNK)AQR Capital Management LLC decreased its stake in Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 14.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 229,919 shares ofOctober 6, 2024 | marketbeat.comMarshall Wace LLP Invests $3.11 Million in Genco Shipping & Trading Limited (NYSE:GNK)Marshall Wace LLP acquired a new position in Genco Shipping & Trading Limited (NYSE:GNK - Free Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 145,743 shares of the shipping company's stock, vaOctober 4, 2024 | marketbeat.comAlgert Global LLC Acquires 209,093 Shares of Genco Shipping & Trading Limited (NYSE:GNK)Algert Global LLC boosted its holdings in Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 694.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 239,213 shares of the shipping company's stock after purchSeptember 30, 2024 | marketbeat.comCubist Systematic Strategies LLC Has $3.31 Million Stock Holdings in Genco Shipping & Trading Limited (NYSE:GNK)Cubist Systematic Strategies LLC grew its position in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 105.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 155,250 shares of the shipping company'sSeptember 29, 2024 | marketbeat.comShort Interest in Genco Shipping & Trading Limited (NYSE:GNK) Declines By 18.3%Genco Shipping & Trading Limited (NYSE:GNK - Get Free Report) was the target of a significant drop in short interest in September. As of September 15th, there was short interest totalling 767,000 shares, a drop of 18.3% from the August 31st total of 939,000 shares. Based on an average daily trading volume, of 479,600 shares, the days-to-cover ratio is currently 1.6 days. Approximately 1.8% of the company's stock are short sold.September 28, 2024 | marketbeat.comGenco Shipping & Trading Limited (NYSE:GNK) Shares Acquired by Dimensional Fund Advisors LPDimensional Fund Advisors LP lifted its position in Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 1.2% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,869,297 shares of the shipping company'sSeptember 28, 2024 | marketbeat.com70,000 Shares in Genco Shipping & Trading Limited (NYSE:GNK) Acquired by Canada Pension Plan Investment BoardCanada Pension Plan Investment Board bought a new stake in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 70,000 shares of the shipping company's stock, valueSeptember 27, 2024 | marketbeat.comGenco Shipping & Trading Limited (GNK): Analysts Are Bullish On This Cheap Transportation StockSeptember 24, 2024 | msn.comRenaissance Technologies LLC Grows Stock Position in Genco Shipping & Trading Limited (NYSE:GNK)Renaissance Technologies LLC increased its position in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 66.6% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,050,030 shares of the shipping company's stock after buyiSeptember 21, 2024 | marketbeat.comAmerican Century Companies Inc. Buys 154,339 Shares of Genco Shipping & Trading Limited (NYSE:GNK)American Century Companies Inc. increased its stake in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 16.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,096,7September 20, 2024 | marketbeat.comSpotlight on ZIM: Take Advantage of Shipping Stock Upside (GNK)Global shipping company ZIM Integrated Shipping Services (NYSE: ZIM) has seen its business improve across the board since the start of the Red Sea conflict.September 18, 2024 | marketbeat.comGenco Shipping & Trading Limited (NYSE:GNK) Receives Average Rating of "Moderate Buy" from BrokeragesGenco Shipping & Trading Limited (NYSE:GNK - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the six research firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and five have issued a buy rating on tSeptember 12, 2024 | marketbeat.comGenco to Free Up More Cash for Shareholder DistributionsSeptember 10, 2024 | marketwatch.comGenco Shipping & Trading Limited Enhances Dividend Policy to Increase Cash Distributable to ShareholdersSeptember 10, 2024 | globenewswire.comFoundry Partners LLC Has $5.08 Million Holdings in Genco Shipping & Trading Limited (NYSE:GNK)Foundry Partners LLC raised its stake in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 27.1% in the second quarter, according to its most recent 13F filing with the SEC. The fund owned 238,265 shares of the shipping company's stock after purchasing an additional 50,750 sharSeptember 7, 2024 | marketbeat.comGenco Shipping & Trading (NYSE:GNK) Now Covered by Analysts at Deutsche Bank AktiengesellschaftDeutsche Bank Aktiengesellschaft initiated coverage on Genco Shipping & Trading in a research note on Wednesday. They set a "buy" rating and a $22.00 price objective on the stock.September 4, 2024 | marketbeat.comGenco Shipping & Trading Limited (NYSE:GNK) Short Interest Down 11.3% in AugustGenco Shipping & Trading Limited (NYSE:GNK - Get Free Report) was the target of a large decline in short interest during the month of August. As of August 15th, there was short interest totalling 895,900 shares, a decline of 11.3% from the July 31st total of 1,010,000 shares. Based on an average daily volume of 513,500 shares, the short-interest ratio is currently 1.7 days. Currently, 2.1% of the shares of the company are short sold.September 1, 2024 | marketbeat.comTrueMark Investments LLC Makes New $533,000 Investment in Genco Shipping & Trading Limited (NYSE:GNK)TrueMark Investments LLC acquired a new position in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm acquired 25,008 shares of the shipping company's sAugust 30, 2024 | marketbeat.comGenco Shipping & Trading's (NYSE:GNK) Returns On Capital Are Heading HigherAugust 30, 2024 | finance.yahoo.comNisa Investment Advisors LLC Acquires 81,624 Shares of Genco Shipping & Trading Limited (NYSE:GNK)Nisa Investment Advisors LLC increased its holdings in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 605.5% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor ownedAugust 22, 2024 | marketbeat.comGenco Shipping & Trading Limited (NYSE:GNK) Receives Average Recommendation of "Moderate Buy" from BrokeragesGenco Shipping & Trading Limited (NYSE:GNK - Get Free Report) has been given an average recommendation of "Moderate Buy" by the five ratings firms that are presently covering the firm, MarketBeat.com reports. One analyst has rated the stock with a hold rating and four have assigned a buy rating tAugust 18, 2024 | marketbeat.comSome May Be Optimistic About Genco Shipping & Trading's (NYSE:GNK) EarningsAugust 14, 2024 | finance.yahoo.comB. Riley Analysts Cut Earnings Estimates for Genco Shipping & Trading Limited (NYSE:GNK)Genco Shipping & Trading Limited (NYSE:GNK - Free Report) - Equities researchers at B. Riley dropped their Q4 2024 earnings per share estimates for Genco Shipping & Trading in a research note issued on Thursday, August 8th. B. Riley analyst L. Burke now forecasts that the shipping company will poAugust 12, 2024 | marketbeat.comGenco Shipping & Trading Limited (NYSE:GNK) Shares Acquired by Vanguard Group Inc.Vanguard Group Inc. grew its position in Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 4.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,147,377 shares of the shipping company's stocAugust 11, 2024 | marketbeat.comGenco Shipping & Trading Limited (GNK) Q2 2024 Earnings Call TranscriptAugust 10, 2024 | seekingalpha.comGenco Shipping & Trading (NYSE:GNK) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPSGenco Shipping & Trading (NYSE:GNK - Get Free Report) released its quarterly earnings results on Wednesday. The shipping company reported $0.46 EPS for the quarter, beating analysts' consensus estimates of $0.42 by $0.04. The business had revenue of $107.00 million during the quarter, compared to analyst estimates of $74.86 million. Genco Shipping & Trading had a return on equity of 5.15% and a net margin of 0.81%. Genco Shipping & Trading's quarterly revenue was up 18.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.27 EPS.August 10, 2024 | marketbeat.comGenco Shipping & Trading Limited (NYSE:GNK) Declares Quarterly Dividend of $0.34Genco Shipping & Trading Limited (NYSE:GNK) declared a quarterly dividend on Thursday, August 8th. Shareholders of record on Monday, August 19th will be paid a dividend of 0.34 per share by the shipping company on Monday, August 26th. This represents a $1.36 annualized dividend and a yield of 7.81%. The ex-dividend date is Monday, August 19th.August 8, 2024 | marketbeat.comGenco Shipping & Trading Limited 2024 Q2 - Results - Earnings Call PresentationAugust 8, 2024 | seekingalpha.com Get Genco Shipping & Trading News Delivered to You Automatically Sign up to receive the latest news and ratings for GNK and its competitors with MarketBeat's FREE daily newsletter. 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We track news headlines from hundreds of news outlets and tag them by company. This chart compares the number of articles about this company in the last seven days compared with the average number of articles about this company on a typical week. GNK Articles This Week▼83▲GNK Articles Average Week Get Genco Shipping & Trading News Delivered to You Automatically Sign up to receive the latest news and ratings for GNK and its competitors with MarketBeat's FREE daily newsletter. 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