Genco Shipping & Trading (GNK) News Today

$23.18
+0.15 (+0.65%)
(As of 05/17/2024 ET)
Genco Shipping & Trading Ltd
Genco Shipping & Trading (NYSE:GNK) PT Raised to $30.00
Genco Shipping & Trading Limited (NYSE:GNK) Director Sells $32,004.00 in Stock
Genco Shipping & Trading Limited (NYSE:GNK - Get Free Report) Director Arthur L. Regan sold 1,400 shares of Genco Shipping & Trading stock in a transaction dated Monday, May 13th. The stock was sold at an average price of $22.86, for a total value of $32,004.00. Following the completion of the transaction, the director now owns 104,414 shares of the company's stock, valued at $2,386,904.04. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.
LSV Asset Management Decreases Stock Position in Genco Shipping & Trading Limited (NYSE:GNK)
LSV Asset Management lowered its stake in Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 91.4% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,900 shares of the shipping company'
StockNews.com Upgrades Genco Shipping & Trading (NYSE:GNK) to Hold
StockNews.com upgraded Genco Shipping & Trading from a "sell" rating to a "hold" rating in a research note on Friday.
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 four research firms that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and three have
B. Riley Boosts Genco Shipping & Trading (NYSE:GNK) Price Target to $30.00
B. Riley raised their price objective on Genco Shipping & Trading from $27.00 to $30.00 and gave the company a "buy" rating in a research note on Friday.
B. Riley Equities Analysts Raise Earnings Estimates for Genco Shipping & Trading Limited (NYSE:GNK)
Genco Shipping & Trading Limited (NYSE:GNK - Free Report) - Analysts at B. Riley upped their Q3 2024 earnings estimates for Genco Shipping & Trading in a report released on Thursday, May 9th. B. Riley analyst L. Burke now expects that the shipping company will earn $0.20 per share for the quarter
Q1 2024 Genco Shipping & Trading Ltd Earnings Call
Genco Shipping & Trading Limited (NYSE:GNK) Raises Dividend to $0.42 Per Share
Genco Shipping & Trading Limited (NYSE:GNK) announced a quarterly dividend on Thursday, May 9th. Shareholders of record on Wednesday, May 22nd will be paid a dividend of 0.42 per share by the shipping company on Thursday, May 30th. This represents a $1.68 annualized dividend and a yield of 7.41%. The ex-dividend date is Tuesday, May 21st. This is a boost from Genco Shipping & Trading's previous quarterly dividend of $0.41.
Townsend & Associates Inc Raises Holdings in Genco Shipping & Trading Limited (NYSE:GNK)
Townsend & Associates Inc boosted its position in shares of Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 64.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 1,004,426 shares of the shipping c
Genco Shipping & Trading (NYSE:GNK) Posts Earnings Results, Beats Expectations By $0.03 EPS
Genco Shipping & Trading (NYSE:GNK - Get Free Report) released its quarterly earnings results on Wednesday. The shipping company reported $0.49 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.46 by $0.03. The business had revenue of $117.44 million during the quarter, compared to the consensus estimate of $77.31 million. Genco Shipping & Trading had a positive return on equity of 3.10% and a negative net margin of 3.35%. The firm's quarterly revenue was up 24.4% on a year-over-year basis. During the same period in the previous year, the company posted $0.06 EPS.
Jefferies Financial Group Boosts Genco Shipping & Trading (NYSE:GNK) Price Target to $27.00
Jefferies Financial Group boosted their price target on Genco Shipping & Trading from $26.00 to $27.00 and gave the company a "buy" rating in a research note on Thursday.
Genco Shipping: Q1 Earnings Snapshot
Genco Shipping & Trading (NYSE:GNK) Reaches New 12-Month High at $22.42
Genco Shipping & Trading (NYSE:GNK) Sets New 1-Year High at $22.42
Los Angeles Capital Management LLC Boosts Position in Genco Shipping & Trading Limited (NYSE:GNK)
Los Angeles Capital Management LLC boosted its stake in Genco Shipping & Trading Limited (NYSE:GNK - Free Report) by 494.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 132,189 shares
Genco Shipping & Trading (NYSE:GNK) Hits New 12-Month High at $21.84
Genco Shipping & Trading (NYSE:GNK) Reaches New 12-Month High at $21.84
Genco Shipping & Trading (NYSE:GNK) Hits New 1-Year High at $21.31
Genco Shipping & Trading (NYSE:GNK) Hits New 1-Year High at $21.31
Genco Shipping & Trading (NYSE:GNK) PT Raised to $23.00
Stifel Nicolaus lifted their price target on shares of Genco Shipping & Trading from $22.00 to $23.00 and gave the company a "buy" rating in a research report on Friday.
Genco Shipping & Trading (NYSE:GNK) Trading Up 2%
Genco Shipping & Trading (NYSE:GNK) Trading Up 2%
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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

0.44

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

18

3

GNK Articles
Average Week

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This page (NYSE:GNK) was last updated on 5/19/2024 by MarketBeat.com Staff

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