Genco Shipping & Trading Limited (NYSE:GNK) Q1 2024 Earnings Call Transcript (2024)

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Genco Shipping & Trading Limited (NYSE:GNK) Q1 2024 Earnings Call Transcript (2024)

FAQs

Is Genco shipping stock a good buy? ›

The average price target represents 18.23% Increase from the current price of $21.06. What do analysts say about Genco Shipping? Genco Shipping's analyst rating consensus is a Moderate Buy. This is based on the ratings of 4 Wall Streets Analysts.

What is GNK stock target? ›

Stock Price Target GNK
High$30.00
Median$26.00
Low$21.00
Average$25.53
Current Price$21.03

Who owns Genco Shipping and Trading? ›

Hedge funds don't have many shares in Genco Shipping & Trading. BlackRock, Inc. is currently the company's largest shareholder with 8.3% of shares outstanding. With 6.4% and 5.4% of the shares outstanding respectively, Dimensional Fund Advisors LP and George Economou are the second and third largest shareholders.

What is the stock price forecast for GNK? ›

On average, Wall Street analysts predict that Genco Shipping & Trading's share price could reach $26.67 by May 10, 2025. The average Genco Shipping & Trading stock price prediction forecasts a potential upside of 31.49% from the current GNK share price of $20.28.

How often does Genco Shipping pay dividends? ›

Genco Shipping & Trading Dividend Information

Genco Shipping & Trading has an annual dividend of $1.68 per share, with a forward yield of 8.24%. The dividend is paid every three months and the last ex-dividend date was May 21, 2024.

Is DG stock a good investment? ›

Dollar General's analyst rating consensus is a Moderate Buy. This is based on the ratings of 18 Wall Streets Analysts.

What is the yield of GNK stock? ›

8.28% forward dividend yield. Top 15%.

What is the target price for ship stock? ›

The average price target for Seanergy Maritime is $14.67. This is based on 3 Wall Streets Analysts 12-month price targets, issued in the past 3 months. The highest analyst price target is $15.00 ,the lowest forecast is $14.00. The average price target represents 36.97% Increase from the current price of $10.71.

Who is the owner of GENCO? ›

John Wobensmith is a well-recognised shipping figure with nearly 20 years at New York-listed dry bulk owner Genco Shipping & Trading under his belt, but perhaps it took a hall of fame induction for some of us to get a better sense of the man.

Who is the CEO of Genco shipping? ›

Wobensmith is President, CEO, Secretary & Director at Genco Shipping & Trading Ltd.

Is GENCO still in business? ›

To better serve customers and enable commerce for businesses, GENCO has rebranded as FedEx Supply Chain.

What is the target price for Ino stock? ›

Stock Price Targets
High$40.00
Median$16.50
Low$9.50
Average$18.92
Current Price$8.94

What is the payout ratio for GNK stocks? ›

The dividend payout ratio for GNK is: 2,800.00% based on the trailing year of earnings.

What is the target price for geo stock? ›

Stock Price Targets
High$24.00
Median$18.50
Low$16.00
Average$19.25
Current Price$13.11

What is the best shipping company stock? ›

  • Star Bulk Carriers (NASDAQ:SBLK) is the top shipping stock with a Zen Score of 64, which is 34 points higher than the shipping industry average of 30. ...
  • Danaos (NYSE:DAC) is the second best shipping stock with a Zen Score of 61, which is 31 points higher than the shipping industry average of 30.

Is FDX a buy right now? ›

FedEx has a consensus rating of Moderate Buy which is based on 11 buy ratings, 3 hold ratings and 1 sell ratings. The average price target for FedEx is $301.85. This is based on 15 Wall Streets Analysts 12-month price targets, issued in the past 3 months.

How high will ship stock go? ›

Average Price Target

Based on 3 Wall Street analysts offering 12 month price targets for Seanergy Maritime in the last 3 months. The average price target is $14.67 with a high forecast of $15.00 and a low forecast of $14.00. The average price target represents a 44.39% change from the last price of $10.16.

Is United Parcel Service a good stock to buy? ›

United Parcel Service, Inc.

may be undervalued. Its Value Score of B indicates it would be a good pick for value investors. The financial health and growth prospects of UPS, demonstrate its potential to outperform the market. It currently has a Growth Score of B.

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