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Genco Shipping & Trading (GNK) News Today

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$17.66 -0.11 (-0.62%)
(As of 11/15/2024 ET)
B. Riley Expects Lower Earnings for Genco Shipping & Trading
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B. Riley Issues Pessimistic Outlook for GNK Earnings
Genco 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 company
Genco Shipping Reports Strong Q3 2024 Results
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B. Riley Has Pessimistic Outlook of GNK Q4 Earnings
Genco 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 wil
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Genco Shipping & Trading (NYSE:GNK) Shares Gap Up - Still a Buy?
Genco Shipping & Trading (NYSE:GNK) Shares Gap Up - Here's What Happened
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Genco Shipping & Trading (NYSE:GNK) Given "Buy" Rating at Jefferies Financial Group
Jefferies 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.
Genco (NYSE:GNK) Surprises With Q3 Sales
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Genco Shipping & Trading Limited (NYSE:GNK) Receives Average Rating of "Moderate Buy" from Analysts
Shares 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 issue
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Genco Shipping & Trading (GNK) Scheduled to Post Quarterly Earnings on Wednesday
Genco 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)
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Semanteon 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 stock
Genco Shipping downgraded to Hold from Buy at Stifel
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Genco Shipping & Trading (NYSE:GNK) Downgraded by Stifel Nicolaus
Stifel 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.
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Genco Shipping & Trading (NYSE:GNK) Stock Passes Below 50 Day Moving Average - Here's Why
Genco Shipping & Trading (NYSE:GNK) Stock Price Passes Below Fifty Day Moving Average - Time to Sell?
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Genco Shipping & Trading Limited (NYSE:GNK) Receives Consensus Recommendation of "Moderate Buy" from Analysts
Genco 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 recom
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AQR 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 of
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Marshall 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, va
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Algert 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 purch
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Cubist 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's
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Short 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.
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Genco Shipping & Trading Limited (NYSE:GNK) Shares Acquired by Dimensional Fund Advisors LP
Dimensional 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's
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70,000 Shares in Genco Shipping & Trading Limited (NYSE:GNK) Acquired by Canada Pension Plan Investment Board
Canada 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, value
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Renaissance 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 buyi
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American 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 1,096,7
Container Ship ZIM DALIAN — Stock Editorial Photography
Spotlight 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.
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Genco Shipping & Trading Limited (NYSE:GNK) Receives Average Rating of "Moderate Buy" from Brokerages
Genco 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 t
Genco to Free Up More Cash for Shareholder Distributions
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Foundry 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 shar
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Genco Shipping & Trading (NYSE:GNK) Now Covered by Analysts at Deutsche Bank Aktiengesellschaft
Deutsche 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.
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Genco Shipping & Trading Limited (NYSE:GNK) Short Interest Down 11.3% in August
Genco 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.
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TrueMark 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 s
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Nisa 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 owned
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Genco Shipping & Trading Limited (NYSE:GNK) Receives Average Recommendation of "Moderate Buy" from Brokerages
Genco 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 t
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B. 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 po
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Genco 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 stoc
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Genco Shipping & Trading (NYSE:GNK) Releases Quarterly Earnings Results, Beats Expectations By $0.04 EPS
Genco 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.
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Genco Shipping & Trading Limited (NYSE:GNK) Declares Quarterly Dividend of $0.34
Genco 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.
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GNK Media Mentions By Week

GNK Media Sentiment

Each headline receives a score ranging from 2 (good news) to -2 (bad news). Our company news sentiment scores track the average news sentiment of articles about each company over the most recent 7 days in order to identify companies that are receiving positive press.

GNK
News Sentiment

-0.56

0.57

Average
Transportation
News Sentiment

GNK News Coverage

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

8

3

GNK Articles
Average Week

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This page (NYSE:GNK) was last updated on 11/16/2024 by MarketBeat.com Staff
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