Genco Stock Today

Genco Shipping is trading at 18.35 as of the 28th of September 2021. This is a 2.00 percent up since the beginning of the trading day. The stock's last reported lowest price was 17.95. Equity ratings for Genco Shipping Trading are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 9th of October 2019 and ending today, the 28th of September 2021. Click here to learn more.
Valuation Options
Fiscal Quarter End 30th of September 2021

Genco Shipping Stock Profile

The next fiscal quarter end is expected on the 30th of September 2021. Genco Shipping Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Genco Shipping Trading Limited was incorporated in 2004 and is headquartered in New York, New York. Genco Shipping operates under Marine Shipping classification in the United States and is traded on New York Stock Exchange. It employs 960 people. more on Genco Shipping
Genco Shipping is not yet fully synchronised with the market data
Genco Shipping has very high historical volatility over the last 90 days
Genco Shipping Trading was previously known as Genco Shipping Trading and was traded on New York Stock Exchange under the symbol GSKNF.
The company reported the last year's revenue of 355.56 M. Reported Net Loss for the year was (225.57 M) with profit before taxes, overhead, and interest of 100.85 M.
Genco Shipping Fama & French Transportation
Transportation
Fama & French Classification
Genco Shipping Trading SEC Filings
Genco Shipping SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameGenco Shipping Trading
Older SymbolGSKNF
CEOJohn Wobensmith  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
  Transportation
Average Analyst Recommendation
Analysts covering Genco Shipping report their recommendations after researching Genco Shipping's financial statements, talking to executives and customers, or listening in on Genco Shipping's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Genco Shipping Trading. The Genco consensus assessment is calculated by taking the average forecast from all of the analysts covering Genco Shipping.
Strong Buy4 Opinions
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Genco Shipping Trading based on its profitability, leverage, liquidity, source of funds, and operating efficiency. it is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Genco Shipping Trading financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 5 - HealthyDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares38.5 M41.9 M
Significantly Down
Increasing
Slightly volatile
Weighted Average Shares Diluted38.5 M41.9 M
Significantly Down
Increasing
Slightly volatile
Net Cash Flow from Operations39.8 M36.9 M
Significantly Up
Increasing
Slightly volatile
Total Assets1.3 B1.2 B
Sufficiently Up
Decreasing
Slightly volatile
Total Liabilities488.8 M487.8 M
Slightly Up
Decreasing
Slightly volatile
Current Assets255.9 M247.2 M
Sufficiently Up
Increasing
Slightly volatile
Current Liabilities132.2 M113.6 M
Fairly Up
Decreasing
Slightly volatile
Total Debt453.5 M449.4 M
Slightly Up
Decreasing
Slightly volatile
Gross Margin0.30.284
Notably Up
Increasing
Slightly volatile
Asset Turnover0.250.269
Significantly Down
Increasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Genco Shipping's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Not RatedUndervalued
Financial Strength
Genco Shipping's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Genco Shipping's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Genco Shipping's financial leverage. It provides some insight into what part of Genco Shipping's total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Genco Shipping's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Genco Shipping deploys its capital and how much of that capital is borrowed.
Liquidity
Genco Shipping cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company has 449.4 M in debt with debt to equity (D/E) ratio of 0.6, which is OK given its current industry classification. Genco Shipping Trading has a current ratio of 2.14, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due.

Operating Cash Flow

39.81 MillionShare
Genco Shipping Trading (GNK) is traded on New York Stock Exchange in USA. It is located in 299 Park Avenue and employs 960 people. Genco Shipping Trading was previously known as Genco Shipping Trading and was traded on New York Stock Exchange under the symbol GSKNF. Genco Shipping is listed under Transportation category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with total capitalization of 733.05 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Genco Shipping's market, we take the total number of its shares issued and multiply it by Genco Shipping's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Genco Shipping Trading runs under Industrials sector within Marine Shipping industry. The entity has 41.91 M outstanding shares of which 768.77 K shares are currently shorted by investors with about 1.0 days to cover shorted positions. Genco Shipping Trading has about 143.87 M in cash with 36.9 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.44.
Check Genco Shipping Probability Of Bankruptcy

Genco Stock Price Odds Analysis

What are Genco Shipping's target price odds to finish over the current price? Coming from a normal probability distribution, the odds of Genco Shipping jumping above the current price in 90 days from now is about 55.01%. The Genco Shipping Trading probability density function shows the probability of Genco Shipping stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon Genco Shipping Trading has a beta of -1.4059. This usually indicates as returns on its benchmark rise, returns on holding Genco Shipping Trading are expected to decrease by similarly larger amounts. On the other hand, during market turmoils, Genco Shipping is expected to outperform its benchmark. Additionally, the company has an alpha of 0.0657, implying that it can generate a 0.0657 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 18.35HorizonTargetOdds Up 18.35 
44.80%90 days
 18.35 
55.01%
Based on a normal probability distribution, the odds of Genco Shipping to move above the current price in 90 days from now is about 55.01 (This Genco Shipping Trading probability density function shows the probability of Genco Stock to fall within a particular range of prices over 90 days) .

Genco Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Genco Shipping that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Genco Shipping's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Genco Shipping's value.
InstituionSecurity TypeTotal SharesValue
Centerbridge Partners LpCommon Shares5.9 M112 M
Fmr LlcCommon SharesM94.1 M
View Genco Shipping Diagnostics

Genco Shipping Historical Income Statement

Genco Shipping Trading Income Statement is one of the three primary financial statements used for reporting Genco's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Genco Shipping Trading revenue and expense. Genco Shipping Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Genco Shipping Interest Expense is increasing as compared to previous years. The last year's value of Interest Expense was reported at 22.41 Million. The current Selling General and Administrative Expense is estimated to increase to about 26 M, while Consolidated Income is projected to decrease to (243.4 M). View More Fundamentals

Genco Stock Against Markets

Picking the right benchmark for Genco Shipping stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Genco Shipping stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Genco Shipping is critical whether you are bullish or bearish towards Genco Shipping Trading at a given time.

View Currently Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Genco Shipping stock to make a market-neutral strategy. Peer analysis of Genco Shipping could also be used in its relative valuation, which is a method of valuing Genco Shipping by comparing valuation metrics with similar companies.

Genco Shipping Corporate Directors

Genco Shipping corporate directors refer to members of a Genco Shipping board of directors. The board of directors generally takes responsibility for the Genco Shipping's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Genco Shipping's board members must vote for the resolution. The Genco Shipping board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Michael Leffell - DirectorProfile
Christoph Majeske - Independent DirectorProfile
Jason Scheir - Independent DirectorProfile
Kevin Mahony - DirectorProfile
Please check Risk vs Return Analysis. Note that the Genco Shipping Trading information on this page should be used as a complementary analysis to other Genco Shipping's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Alpha Finder module to use alpha and beta coefficients to find investment opportunities after accounting for the risk.

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When running Genco Shipping Trading 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 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.
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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 Trading underlying business (such as 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 Genco Shipping value 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.