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Genco Shipping & Trading - GNK Stock Price Target and Predictions

  • Consensus Rating: Moderate Buy
  • Consensus Price Target: $24.20
  • Forecasted Upside: 76.13%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 2 Hold Ratings
  • 4 Buy Ratings
  • 0 Strong Buy Ratings
$13.74 As of 12/20/2024 06:31 PM ET
▲ +0.1 (0.73%)

This chart shows the closing price for GNK by one month, three months, or twelve months.

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Analyst Price Target for GNK

Analyst Price Target is $24.20
▲ +76.13% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for Genco Shipping & Trading in the last 3 months. The average price target is $24.20, with a high forecast of $30.00 and a low forecast of $17.00. The average price target represents a 76.13% upside from the last price of $13.74.

This chart shows the closing price for GNK for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Moderate Buy

The current consensus among 6 investment analysts is to moderate buy stock in Genco Shipping & Trading. This rating has held steady since December 2023, when it changed from a Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/30/2023
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/28/2023
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/27/2023
  • 0 strong buy ratings
  • 2 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/26/2024
  • 0 strong buy ratings
  • 3 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/24/2024
  • 0 strong buy ratings
  • 5 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/22/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
11/21/2024
  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings
Ratings as of
12/21/2024

Latest Recommendations

  • 0 strong buy ratings
  • 4 buy ratings
  • 2 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
11/7/2024Jefferies Financial GroupReiterated RatingBuy ➝ Buy$25.00 ➝ $25.00
10/23/2024Stifel NicolausDowngradeBuy ➝ Hold$26.00 ➝ $17.00
9/4/2024Deutsche Bank AktiengesellschaftInitiated CoverageBuy$22.00
7/1/2024Alliance Global PartnersBoost TargetBuy ➝ Buy$25.00 ➝ $27.00
5/10/2024B. RileyBoost TargetBuy ➝ Buy$27.00 ➝ $30.00
5/9/2024Jefferies Financial GroupBoost TargetBuy ➝ Buy$26.00 ➝ $27.00
4/19/2024Stifel NicolausBoost TargetBuy ➝ Buy$22.00 ➝ $23.00
1/5/2024BTIG ResearchReiterated RatingBuy ➝ Neutral
11/30/2023Jefferies Financial GroupBoost TargetBuy ➝ Buy$18.00 ➝ $20.00
10/19/2023Stifel NicolausLower TargetBuy ➝ Buy$23.00 ➝ $22.00
7/21/2023BTIG ResearchLower TargetBuy$22.00 ➝ $20.00
7/19/2023Stifel NicolausLower TargetBuy$24.00 ➝ $23.00
4/25/2023Stifel NicolausBoost Target$23.00 ➝ $24.00
2/23/2023Jefferies Financial GroupReiterated RatingBuy$20.00
11/16/2022Alliance Global PartnersLower Target$27.00
11/15/2022BTIG ResearchLower Target$22.00
10/10/2022B. RileyLower TargetBuy$31.00 ➝ $27.00
9/29/2022Stifel NicolausInitiated CoverageBuy$20.00
9/26/2022Jefferies Financial GroupLower TargetBuy$25.00 ➝ $20.00
8/3/2022Alliance Global PartnersInitiated CoverageBuy$29.00
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$25.00
6/14/2022Clarkson CapitalReiterated RatingBuy
5/6/2022B. RileyBoost Target$27.00 ➝ $31.00
4/27/2022Jefferies Financial GroupInitiated CoverageBuy ➝ Buy
2/24/2022Jefferies Financial GroupBoost TargetBuy$25.00 ➝ $26.00
9/13/2021BTIG ResearchInitiated CoverageBuy$26.00
9/13/2021HC WainwrightInitiated CoverageBuy$30.00
6/30/2021Jefferies Financial GroupBoost TargetBuy$20.00 ➝ $24.00
5/7/2021B. RileyBoost TargetBuy$14.00 ➝ $22.00
5/6/2021Jefferies Financial GroupBoost TargetBuy$18.00 ➝ $20.00
4/21/2021Fearnley FondsUpgradeHold ➝ Buy$9.00 ➝ $152.00
4/21/2021Noble FinancialReiterated RatingBuy$16.00
2/26/2021B. RileyBoost TargetBuy$11.00 ➝ $14.00
2/25/2021Jefferies Financial GroupBoost TargetBuy$11.00 ➝ $13.00
1/29/2021Jefferies Financial GroupBoost TargetBuy$9.00 ➝ $11.00
8/7/2020Noble FinancialReiterated RatingBuy
7/29/2020DNB MarketsUpgradeHold ➝ Buy$8.90
6/17/2020B. RileyReiterated RatingBuy$11.00
5/29/2020Evercore ISIReiterated RatingOutperform ➝ Market Perform$9.00
5/8/2020B. RileyLower TargetBuy$14.00 ➝ $11.00
3/9/2020DNB MarketsDowngradeBuy ➝ Hold$10.00
2/27/2020B. RileyLower TargetBuy$16.00 ➝ $14.00
2/2/2020Noble FinancialReiterated RatingBuy$18.00
1/27/2020Fearnley FondsDowngradeBuy ➝ Hold$9.00
(Data available from 12/21/2019 forward)

News Sentiment Rating

0.78 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 11 very positive mentions
  • 21 positive mentions
  • 3 negative mentions
  • 0 very negative mentions
Mentions as of
5/25/2024
  • 4 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/24/2024
  • 6 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/24/2024
  • 2 very positive mentions
  • 6 positive mentions
  • 5 negative mentions
  • 0 very negative mentions
Mentions as of
8/23/2024
  • 6 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/22/2024
  • 9 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
10/22/2024
  • 6 very positive mentions
  • 9 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
11/21/2024
  • 9 very positive mentions
  • 3 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
12/21/2024

Current Sentiment

  • 9 very positive mentions
  • 3 positive mentions
  • 4 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

Very Positive

Genco Shipping & Trading logo
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide. The company owns and operates dry bulk vessels to transports iron ore, grains, coal, steel products, and other drybulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. The company was incorporated in 2004 and is headquartered in New York, New York.
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Today's Range

Now: $13.74
Low: $13.51
High: $13.99

50 Day Range

MA: $16.14
Low: $13.64
High: $17.82

52 Week Range

Now: $13.74
Low: $13.51
High: $23.43

Volume

699,713 shs

Average Volume

577,375 shs

Market Capitalization

$587.49 million

P/E Ratio

8.75

Dividend Yield

11.40%

Beta

0.96

Frequently Asked Questions

What sell-side analysts currently cover shares of Genco Shipping & Trading?

The following Wall Street research analysts have issued research reports on Genco Shipping & Trading in the last twelve months: Alliance Global Partners, B. Riley, BTIG Research, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group Inc., Stifel Nicolaus, StockNews.com, and TheStreet.
View the latest analyst ratings for GNK.

What is the current price target for Genco Shipping & Trading?

0 Wall Street analysts have set twelve-month price targets for Genco Shipping & Trading in the last year. Their average twelve-month price target is $24.20, suggesting a possible upside of 76.1%. B. Riley has the highest price target set, predicting GNK will reach $30.00 in the next twelve months. Stifel Nicolaus has the lowest price target set, forecasting a price of $17.00 for Genco Shipping & Trading in the next year.
View the latest price targets for GNK.

What is the current consensus analyst rating for Genco Shipping & Trading?

Genco Shipping & Trading currently has 2 hold ratings and 4 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Moderate Buy."
View the latest ratings for GNK.

What other companies compete with Genco Shipping & Trading?

Other companies that are similar to Genco Shipping & Trading include ZIM Integrated Shipping Services, Euronav, International Seaways, Costamare and DHT. Learn More about companies similar to Genco Shipping & Trading.

How do I contact Genco Shipping & Trading's investor relations team?

Genco Shipping & Trading's physical mailing address is 299 Park Avenue 12th Floor, NEW YORK NY, 10171. The shipping company's listed phone number is (646) 443-8550 and its investor relations email address is [email protected]. The official website for Genco Shipping & Trading is www.gencoshipping.com. Learn More about contacing Genco Shipping & Trading investor relations.