GOGL 📈 Golden Ocean - Overview
Exchange: NASDAQ • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: BMG396372051
GOGL: Ores, Coal, Grains, Fertilizers
Golden Ocean Group Limited is a leading shipping company that specializes in the ownership and operation of a diverse fleet of dry bulk vessels across the globe.
Their fleet consists of various vessel types, including Newcastlemax, Capesize, and Panamax, which cater to the spot and time charter markets. This diversified fleet enables the company to provide flexible and efficient transportation solutions to its customers.
The company's dry bulk vessels are designed to transport a wide range of bulk commodities, including ores, coal, grains, and fertilizers. These commodities are essential to various industries, such as construction, energy, and agriculture, making Golden Ocean Group a vital link in the global supply chain.
As of March 20, 2024, Golden Ocean Group's fleet consists of 83 dry bulk vessels, solidifying its position as a significant player in the shipping industry. The company's headquarters are located in Hamilton, Bermuda, and its website can be accessed at https://www.goldenocean.bm.
With its extensive fleet and global reach, Golden Ocean Group is well-positioned to capitalize on the growing demand for dry bulk commodities, while maintaining a strong commitment to safety, environmental responsibility, and customer satisfaction.
Additional Sources for GOGL Stock
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
GOGL Stock Overview
| Market Cap in USD | 2,417m |
| Sector | Industrials |
| Industry | Marine Shipping |
| GiC Industry | Marine Transportation |
| TER | 0.00% |
| IPO / Inception | 1997-02-06 |
GOGL Stock Ratings
| Growth 5y | 70.2% |
| Fundamental | 42.1% |
| Dividend | 74.6% |
| Rel. Performance Sector | -0.14 |
| Analysts | 4/5 |
| Fair Price Momentum | 10.95 USD |
| Fair Price DCF | 22.48 USD |
GOGL Dividends
| Dividend Yield 12m | 9.17% |
| Yield on Cost 5y | 27.69% |
| Annual Growth 5y | 9.00% |
| Payout Consistency | 59.68% |
GOGL Growth Ratios
| Growth Correlation 3m | -46.5% |
| Growth Correlation 12m | 25.7% |
| Growth Correlation 5y | 87.2% |
| CAGR 5y | 24.74% |
| CAGR/Mean DD 5y | 1.02 |
| Sharpe Ratio 12m | 0.58 |
| Alpha | -12.53 |
| Beta | 0.92 |
| Volatility | 39.27% |
| Current Volume | 2020.3k |
| Average Volume 20d | 1736.3k |
As of December 05, 2024, the stock is trading at USD 9.81 with a total of 2,020,305 shares traded.
Over the past week, the price has changed by -2.78%, over one month by -9.42%, over three months by -13.00% and over the past year by +13.24%.
Partly, yes. Based on ValueRay Fundamental Analyses, Golden Ocean (NASDAQ:GOGL) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 42.12 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GOGL as of December 2024 is 10.95. This means that GOGL is currently undervalued and has a potential upside of +11.62% (Margin of Safety).
Golden Ocean has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy GOGL.
- Strong Buy: 2
- Buy: 1
- Hold: 2
- Sell: 0
- Strong Sell: 0
According to ValueRays Forecast Model, GOGL Golden Ocean will be worth about 11.9 in December 2025. The stock is currently trading at 9.81. This means that the stock has a potential upside of +21.51%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 15.8 | 60.7% |
| Analysts Target Price | 10.4 | 5.7% |
| ValueRay Target Price | 11.9 | 21.5% |