GNK Stock Analysis: Genco Shipping & Trading | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.117m USD | 12M Return: 70% | MHY2685T1313 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 10.9M
Qual. Beats: 3
Rev. Trend: -26.3%
Qual. Beats: 3
Warnings
Tailwinds
Seasonality 11.7 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Genco Shipping & Trading Limited (NYSE: GNK) is a U.S.-based marine transportation company that owns and operates a fleet of dry bulk vessels transporting commodities such as iron ore, grains, coal, and steel products worldwide. The company reports through two segments-major bulk and minor bulk-and primarily charters its vessels to commodities traders, producers, and government-owned entities. Founded in 2004 and headquartered in New York, Genco has been listed on the NYSE since 2005.
The dry bulk shipping industry is highly cyclical, with vessel earnings closely tied to global commodity demand, charter rates, and fleet capacity. The distinction between major bulk (typically larger Capesize and Panamax vessels hauling iron ore and coal) and minor bulk (smaller vessels carrying grains, steel products, and other cargoes) reflects the segmentation of the global dry bulk trade by vessel size and route.
- Chinese iron ore imports lift capesize charter rates
- Drybulk fleet expansion pressures daily TCE margins
- IMO emissions rules accelerate scrubber retrofit spending
| Net Income: 40.3m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.12 > 0.02 and ΔFCF/TA -14.09 > 1.0 |
| NWC/Revenue: -9.16k% < 20% (prev 8.67%; Δ -9.17k% < -1%) |
| CFO/TA 0.06 > 3% & CFO 72.5m > Net Income 40.3m |
| Net Debt (257.3m) to EBITDA (141.5m): 1.82 < 3 |
| Current Ratio: 0.00 > 1.5 & < 3 |
| Outstanding Shares: last quarter (44.6m) vs 12m ago 2.82% < -2% |
| Gross Margin: 34.29% > 18% (prev 16.23%; Δ 18.06% > 0.5%) |
| Asset Turnover: 38.29% > 50% (prev 33.72%; Δ 4.58% > 0%) |
| Interest Coverage Ratio: 3.28 > 6 (EBIT TTM 57.1m / Interest Expense TTM 17.4m) |
| A: -32.01 (Total Current Assets 136.3m - Total Current Liabilities 40.5b) / Total Assets 1.26b |
| B: -0.43 (Retained Earnings -543.1m / Total Assets 1.26b) |
| C: 0.05 (EBIT TTM 57.1m / Avg Total Assets 1.15b) |
| D: 2.39 (Book Value of Equity 888.6m / Total Liabilities 371.1m) |
| Altman-Z'' = -208.6 = D |
| DSRI: 1.51 (Receivables 26.7m/14.1m, Revenue 440.7m/350.7m) |
| GMI: 0.47 (GM 16.23% / 34.29%) |
| AQI: 0.11 (AQ_t 0.01 / AQ_t-1 0.05) |
| SGI: 1.26 (Revenue 440.7m / 350.7m) |
| TATA: -0.03 (NI 40.3m - CFO 72.5m) / TA 1.26b) |
| Beneish M = -3.43 (Cap -4..+1) = AA |
As of October 27, 2026, the stock is trading at USD 25.64 with a total of 293,380 shares traded. Over the past week, the price has changed by +4.82%, over one month by -1.12%, over three months by +5.39% and over the past year by +70.02%.
Current recommended Stop Loss: 23.70 (which is 7.6% or 2.3 ATR below the current price).
Genco Shipping & Trading has received a consensus analysts rating of 4.17. Therefore, it is recommended to buy GNK.
- StrongBuy: 3
- Buy: 1
- Hold: 2
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 29.4 | 14.5% |
P/E Trailing = 28.4778
P/E Forward = 15.1745
P/S = 2.535
P/B = 0.8336
P/EG = -1.77
Revenue TTM = 440.7m USD
EBIT TTM = 57.1m USD
EBITDA TTM = 141.5m USD
Long Term Debt = 319.5m USD (from longTermDebt, last quarter)
Short Term Debt = unknown (none)
Debt = 330.9m USD (from shortLongTermDebtTotal, last quarter) + Leases 5.69m
Net Debt = 257.3m USD (calculated: Debt 330.9m - CCE 73.6m)
Enterprise Value = 1.37b USD (1.12b + Debt 330.9m - CCE 73.6m)
Interest Coverage Ratio = 3.28 (Ebit TTM 57.1m / Interest Expense TTM 17.4m)
EV/FCF = -8.83x (Enterprise Value 1.37b / FCF TTM -155.6m)
FCF Yield = -11.32% (FCF TTM -155.6m / Enterprise Value 1.37b)
FCF Margin = -35.30% (FCF TTM -155.6m / Revenue TTM 440.7m)
Net Margin = 9.15% (Net Income TTM 40.3m / Revenue TTM 440.7m)
Gross Margin = 34.29% ((Revenue TTM 440.7m - Cost of Revenue TTM 289.6m) / Revenue TTM)
Gross Margin QoQ = 47.95% (prev 21.37%)
Tobins Q-Ratio = 1.09 (Enterprise Value 1.37b / Total Assets 1.26b)
Interest Expense / Debt = 5.26% (Interest Expense 17.4m / Debt 330.9m)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 45.1m (EBIT 57.1m * (1 - 21.00%))
Current Ratio = 0.00 (Total Current Assets 136.3m / Total Current Liabilities 40.5b)
Debt / Equity = 0.37 (Debt 330.9m / totalStockholderEquity, last quarter 888.6m)
Debt / EBITDA = 1.82 (Net Debt 257.3m / EBITDA 141.5m)
Debt / FCF = -1.65 (negative FCF - burning cash) (Net Debt 257.3m / FCF TTM -155.6m)
Total Stockholder Equity = 222b (last 4 quarters mean from totalStockholderEquity)
RoA = 3.50% (Net Income 40.3m / Total Assets 1.26b)
RoE = 0.02% (Net Income TTM 40.3m / Total Stockholder Equity 222b)
RoCE = 0.03% (EBIT 57.1m / Capital Employed (Equity 222b + L.T.Debt 319.5m))
RoIC = 3.78% (NOPAT 45.1m / Invested Capital 1.19b)
WACC = 6.77% (E(1.12b)/V(1.45b) * Re(7.55%) + D(330.9m)/V(1.45b) * Rd(5.26%) * (1-Tc(0.21)))
Discount Rate = 7.55% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 63.37 | Cagr: 0.98%
[DCF] Fair Price = unknown (Cash Flow -155.6m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 1.73 | # QB: 3
Revenue Correlation: -26.34 | Revenue CAGR: -2.76% | SUE: 0.87 | # QB: 3
EPS current Quarter (2026-09-30): EPS=0.89 | Chg30d=+2.06% | Revisions=+57% | Analysts=4
EPS current Year (2026-12-31): EPS=2.75 | Chg30d=+5.99% | Revisions=+57% | GrowthEPS=+6987.6% | GrowthRev=+72.9%
EPS next Year (2027-12-31): EPS=1.73 | Chg30d=+4.84% | Revisions=+0% | GrowthEPS=-37.2% | GrowthRev=-8.1%
[Analyst] Revisions Ratio: +53% (up=10, down=2)