John Wobensmith - Genco Shipping CEO
| GNK Stock | USD 21.12 0.32 1.54% |
CEO
Mr. John C. Wobensmith serves as President, Chief Executive Officer, Secretary of the Company. He has served as our Chief Executive Officer since March 23, 2017 and our President since December 19, 2014. From April 2005 until his appointment as President, he served as our Chief Financial Officer and Principal Accounting Officer. From 2010 until Baltic Tradings merger with our Company on July 17, 2015, Mr. Wobensmith served as President, Chief Financial Officer, Principal Accounting Officer, Secretary and Treasurer of Baltic Trading. He was given the additional title of Chief Executive Officer of Genco on March 23, 2017. He also served as a director of Ultrapetrol Limited, a marine transportation company, from 2016 to 2017. Mr. Wobensmith has over 20 years of experience in the shipping industry. Before becoming our Chief Financial Officer, Mr. Wobensmith served as a Senior Vice President with American Marine Advisors, Inc., an investment bank focused on the shipping industry. While at American Marine Advisors, Inc., Mr. Wobensmith was involved in mergers and acquisitions, equity fund management, debt placement and equity placement in the shipping industry. From 1993 through 2000, he worked in the international maritime lending group of The First National Bank of Maryland, serving as a Vice President from 1998. Mr. Wobensmith has a bachelors degree in economics from St. Marys College of Maryland. He also was appointed by the Governor of Maryland and currently serves on the Board of Trustees and as Treasurer of the Board at St. Marys College of Maryland. Mr. Wobensmith holds the Chartered Financial Analyst designation. since 2021.
| Age | 54 |
| Tenure | 3 years |
| Address | 299 Park Avenue, New York, NY, United States, 10171 |
| Phone | 646 443 8550 |
| Web | https://www.gencoshipping.com |
Genco Shipping Management Efficiency
The company has Return on Asset of 0.0194 % which means that on every $100 spent on assets, it made $0.0194 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of (0.0131) %, meaning that it generated no profit with money invested by stockholders. Genco Shipping's management efficiency ratios could be used to measure how well Genco Shipping manages its routine affairs as well as how well it operates its assets and liabilities. Return On Capital Employed is expected to rise to 0.04 this year, although the value of Return On Tangible Assets are projected to rise to (0.01). At this time, Genco Shipping's Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Other is expected to rise to about 6.9 M this year, although the value of Total Current Liabilities will most likely fall to about 33.5 M.Similar Executives
| Found 2 records | CEO Age | ||
| Evangelos Pistiolis | Top Ships | 51 | |
| Ian Webber | Global Ship Lease | 66 | |
Management Performance
| Return On Equity | -0.0131 | ||||
| Return On Asset | 0.0194 |
Genco Shipping Trading Leadership Team
Elected by the shareholders, the Genco Shipping's board of directors comprises two types of representatives: Genco Shipping inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Genco. The board's role is to monitor Genco Shipping's management team and ensure that shareholders' interests are well served. Genco Shipping's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Genco Shipping's outside directors are responsible for providing unbiased perspectives on the board's policies.
| Christoph Majeske, Independent Director | ||
| John Wobensmith, President, Chief Executive Officer, Company Secretary, Director | ||
| Jason Scheir, Independent Director | ||
| Kevin Mahony, Director | ||
| Joseph Adamo, Chief Accounting Officer, Controller, Treasurer | ||
| Ivo Kempenaer, Commercial VP | ||
| Joseph CPA, Controller Officer | ||
| Basil Mavroleon, Independent Director | ||
| Apostolos Zafolias, Chief Financial Officer, Executive Vice President - Finance | ||
| Michael Leffell, Director | ||
| Andy Brimmer, IR Contact Officer | ||
| Peter Georgiopoulos, Director | ||
| James Dolphin, Independent Chairman of the Board | ||
| Arthur Regan, Interim Executive Chairman of the Board | ||
| Ian Ashby, Director | ||
| Peter Kirchof, Director | ||
| Daniel Han, Independent Director | ||
| Captain Hughes, Chief Officer | ||
| Peter CFA, Chief Officer | ||
| Jesper Christensen, Chief Officer | ||
| Robert Hughes, Chief Operations Officer | ||
| John Brantl, Director | ||
| Karin Orsel, Independent Director | ||
| Eugene Davis, Director | ||
| Bao Truong, Director | ||
| Kathleen Haines, Independent Director |
Genco Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Genco Shipping a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | -0.0131 | ||||
| Return On Asset | 0.0194 | ||||
| Profit Margin | (0.03) % | ||||
| Operating Margin | 0.18 % | ||||
| Current Valuation | 1.03 B | ||||
| Shares Outstanding | 42.75 M | ||||
| Shares Owned By Insiders | 6.97 % | ||||
| Shares Owned By Institutions | 55.89 % | ||||
| Number Of Shares Shorted | 897.22 K | ||||
| Price To Earning | 2.88 X |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Genco Shipping in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Genco Shipping's short interest history, or implied volatility extrapolated from Genco Shipping options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genco Shipping Trading. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in board of governors. You can also try the Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
Complementary Tools for Genco Stock analysis
When running Genco Shipping's price analysis, check to measure Genco Shipping's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Genco Shipping is operating at the current time. Most of Genco Shipping's value examination focuses on studying past and present price action to predict the probability of Genco Shipping's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Genco Shipping's price. Additionally, you may evaluate how the addition of Genco Shipping to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Price Exposure Probability Analyze equity upside and downside potential for a given time horizon across multiple markets | |
| AI Investment Finder Use AI to screen and filter profitable investment opportunities | |
| USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
| Portfolio Rebalancing Analyze risk-adjusted returns against different time horizons to find asset-allocation targets | |
| Share Portfolio Track or share privately all of your investments from the convenience of any device | |
| Premium Stories Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Volatility Analysis Get historical volatility and risk analysis based on latest market data |
Is Genco Shipping's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.83) | Dividend Share 0.86 | Earnings Share (0.30) | Revenue Per Share 8.975 | Quarterly Revenue Growth (0.09) |
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Genco Shipping's value and its price as these two are different measures arrived at by different means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.