Genco Shipping & Trading Limited (NYSE:GNK) Receives Consensus Rating of “Buy” from Analysts

Genco Shipping & Trading Limited (NYSE:GNK) has received a consensus recommendation of “Buy” from the six brokerages that are covering the stock, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating, one has issued a buy rating and three have given a strong buy rating to the company. The average twelve-month price target among analysts that have covered the stock in the last year is $21.00.

A number of research analysts have issued reports on the stock. Zacks Research upgraded shares of Genco Shipping & Trading from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Wall Street Zen lowered shares of Genco Shipping & Trading from a “hold” rating to a “sell” rating in a report on Sunday, December 14th. Alliance Global Partners lowered shares of Genco Shipping & Trading from a “buy” rating to a “neutral” rating in a report on Thursday. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Genco Shipping & Trading in a research report on Monday, December 29th.

Genco Shipping & Trading Stock Up 3.6%

NYSE:GNK opened at $23.35 on Thursday. The company has a market cap of $1.01 billion, a price-to-earnings ratio of -212.21, a P/E/G ratio of 6.08 and a beta of 1.21. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.98 and a current ratio of 2.36. The stock’s fifty day moving average price is $19.72 and its two-hundred day moving average price is $18.18. Genco Shipping & Trading has a 52-week low of $11.20 and a 52-week high of $23.68.

Genco Shipping & Trading (NYSE:GNK) last issued its quarterly earnings results on Tuesday, February 17th. The shipping company reported $0.39 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.04. The business had revenue of $109.92 million for the quarter, compared to analyst estimates of $78.52 million. Genco Shipping & Trading had a negative return on equity of 0.12% and a negative net margin of 1.28%.The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.29 earnings per share. On average, analysts anticipate that Genco Shipping & Trading will post 0.48 EPS for the current year.

Genco Shipping & Trading Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 11th will be paid a $0.50 dividend. The ex-dividend date of this dividend is Wednesday, March 11th. This is a positive change from Genco Shipping & Trading’s previous quarterly dividend of $0.15. This represents a $2.00 annualized dividend and a yield of 8.6%. Genco Shipping & Trading’s payout ratio is currently -352.94%.

Insider Transactions at Genco Shipping & Trading

In other news, insider Jesper Christensen sold 8,260 shares of the business’s stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $23.27, for a total transaction of $192,210.20. Following the completion of the transaction, the insider directly owned 78,311 shares in the company, valued at approximately $1,822,296.97. The trade was a 9.54% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CAO Joseph Adamo sold 3,227 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $23.27, for a total value of $75,092.29. Following the completion of the sale, the chief accounting officer directly owned 30,772 shares of the company’s stock, valued at approximately $716,064.44. This trade represents a 9.49% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 17,719 shares of company stock worth $412,321. 2.37% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On Genco Shipping & Trading

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. SG Americas Securities LLC grew its holdings in shares of Genco Shipping & Trading by 0.3% during the second quarter. SG Americas Securities LLC now owns 218,684 shares of the shipping company’s stock worth $2,858,000 after buying an additional 617 shares in the last quarter. Bank of America Corp DE boosted its position in Genco Shipping & Trading by 2.3% during the 3rd quarter. Bank of America Corp DE now owns 34,970 shares of the shipping company’s stock worth $622,000 after acquiring an additional 779 shares during the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Genco Shipping & Trading by 82.2% during the 2nd quarter. PNC Financial Services Group Inc. now owns 1,942 shares of the shipping company’s stock worth $25,000 after acquiring an additional 876 shares in the last quarter. CWM LLC raised its holdings in shares of Genco Shipping & Trading by 61.4% in the third quarter. CWM LLC now owns 2,843 shares of the shipping company’s stock valued at $51,000 after purchasing an additional 1,082 shares during the last quarter. Finally, Wealth Enhancement Advisory Services LLC lifted its position in shares of Genco Shipping & Trading by 11.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,695 shares of the shipping company’s stock worth $219,000 after purchasing an additional 1,262 shares in the last quarter. 58.62% of the stock is owned by institutional investors.

Genco Shipping & Trading News Summary

Here are the key news stories impacting Genco Shipping & Trading this week:

• Positive Sentiment: Company signals higher Q1 dividend and reports TCE (time charter equivalent) rising more than 50% year-over-year amid fleet expansion — management flagged a larger payout as shipping economics improved. Genco signals higher Q1 2026 dividend
• Positive Sentiment: Q4 results beat consensus on revenue (reported ~$109.9M vs. lower estimates) with improved margins and year-over-year revenue growth — the topline strength supports better cash generation going forward. Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Zacks upgraded GNK to a Rank #1 (Strong Buy), which can attract buy-side interest and momentum traders following the stronger results and dividend move. Upgrade to Strong Buy
• Neutral Sentiment: Market reaction: GNK has reached a new 52-week high following earnings and the dividend announcement — useful as a momentum signal but not a fundamental change. Hits New 52-Week High After Strong Earnings
• Neutral Sentiment: Full Q4 earnings call transcript and slide deck are available for deeper read-through of guidance, fleet additions and cost dynamics — worth reviewing for forward TCE and capex details. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Insider sales: several senior execs (CAO, CFO, CCO) sold sizable blocks (~3k–8k shares each) at roughly $23.27, trimming positions — raises short-term governance/insider-sentiment questions even though holdings remain material. SEC filings: Adamo Form 4 Christensen Form 4 Allen Form 4

About Genco Shipping & Trading

Genco Shipping & Trading Limited is a leading global owner and operator of drybulk vessels, providing seaborne transportation services for major commodities such as iron ore, coal, grain and fertilizers. The company’s fleet comprises Capesize, Panamax and Supramax vessels, which are chartered to a broad base of international charterers under both spot and period contracts. Genco’s focus on modern, fuel-efficient tonnage supports reliable cargo delivery across a variety of trade routes and market conditions.

In addition to vessel ownership and operation, Genco offers ship management, maintenance and technical support services designed to maximize fleet performance and safety.