NYSE:GNK - Genco Shipping & Trading Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $28.25
  • Forecasted Upside: 13.50 %
  • Number of Analysts: 3
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 3 Buy Ratings
  • 0 Strong Buy Ratings
$24.89
▲ +0.36 (1.47%)

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

Skip Closing Price Chart
1 month | 3 months | 12 months
Get New Genco Shipping & Trading Analyst Ratings Delivered To Your Inbox
Sign-up to receive the latest news and ratings for GNK and its competitors with Analyst Ratings Network’s free daily newsletter.

Analyst Price Target for GNK

Analyst Price Target is $28.25
▲ +13.50% Upside Potential
This price target is based on 3 analysts offering 12 month price targets for Genco Shipping & Trading in the last 3 months. The average price target is $28.25, with a high forecast of $0.00 and a low forecast of $0.00. The average price target represents a 13.50% upside from the last price of $24.89.

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

Read Analyst Price Chart DescriptionSkip Analyst Price Chart

Current Consensus is Buy

The current consensus among 3 polled investment analysts is to buy stock in Genco Shipping & Trading. This Buy consensus rating has held steady for over two years.

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
  • 1 hold ratings
  • 0 sell ratings
12/2/2020
  • 0 strong buy ratings
  • 4 buy ratings
  • 1 hold ratings
  • 0 sell ratings
3/2/2021
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/31/2021
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
8/29/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
11/27/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
2/25/2022
  • 0 strong buy ratings
  • 4 buy ratings
  • 0 hold ratings
  • 0 sell ratings
4/26/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
5/26/2022

Latest Recommendations

  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/6/2022B. RileyBoost Price Target$27.00 ➝ $31.00High
4/27/2022Jefferies Financial GroupInitiated CoverageBuy ➝ BuyHigh
2/24/2022Jefferies Financial GroupBoost Price TargetBuy$25.00 ➝ $26.00Medium
9/13/2021BTIG ResearchInitiated CoverageBuy$26.00Medium
9/13/2021HC WainwrightInitiated CoverageBuy$30.00High
6/30/2021Jefferies Financial GroupBoost Price TargetBuy$20.00 ➝ $24.00High
5/7/2021B. RileyBoost Price TargetBuy$14.00 ➝ $22.00Medium
5/6/2021Jefferies Financial GroupBoost Price TargetBuy$18.00 ➝ $20.00High
4/21/2021Fearnley FondsUpgradeHold ➝ Buy$9.00 ➝ $152.00Low
4/21/2021Noble FinancialReiterated RatingBuy$16.00High
2/26/2021B. RileyBoost Price TargetBuy$11.00 ➝ $14.00High
2/25/2021Jefferies Financial GroupBoost Price TargetBuy$11.00 ➝ $13.00High
1/29/2021Jefferies Financial GroupBoost Price TargetBuy$9.00 ➝ $11.00High
8/7/2020Noble FinancialReiterated RatingBuyLow
7/29/2020DNB MarketsUpgradeHold ➝ Buy$8.90High
6/17/2020B. RileyReiterated RatingBuy$11.00High
5/29/2020Evercore ISIReiterated RatingOutperform ➝ Market Perform$9.00High
5/8/2020B. RileyLower Price TargetBuy$14.00 ➝ $11.00High
3/9/2020DNB MarketsDowngradeBuy ➝ Hold$10.00High
2/27/2020B. RileyLower Price TargetBuy$16.00 ➝ $14.00High
2/2/2020Noble FinancialReiterated RatingBuy$18.00Medium
1/27/2020Fearnley FondsDowngradeBuy ➝ Hold$9.00Low
10/29/2019Noble FinancialReiterated RatingBuy$18.00Medium
8/9/2019Noble FinancialSet Price TargetBuy$18.00N/A
4/10/2019B. RileySet Price TargetBuy$15.00Medium
3/7/2019Noble FinancialReiterated RatingBuy$18.00High
3/6/2019Maxim GroupLower Price TargetBuy ➝ Buy$22.00 ➝ $20.00Low
3/6/2019Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$9.00 ➝ $9.50Medium
1/3/2019Maxim GroupInitiated CoverageBuy ➝ Buy$22.00Medium
10/11/2018Noble FinancialReiterated RatingBuyHigh
10/4/2018B. RileyInitiated CoverageBuy ➝ Buy$22.00High
8/10/2018Noble FinancialReiterated RatingBuy$23.00Medium
7/19/2018Noble FinancialSet Price TargetBuy$24.00Low
4/17/2018Morgan StanleyLower Price TargetEqual Weight ➝ Equal Weight$15.00 ➝ $14.50Low
4/16/2018Deutsche Bank AktiengesellschaftInitiated CoverageBuy$19.00Medium
2/12/2018Morgan StanleyBoost Price TargetEqual Weight ➝ Equal Weight$13.00 ➝ $15.00Medium
1/12/2018Noble FinancialInitiated CoverageBuy$20.00High
12/18/2017Jefferies Financial GroupInitiated CoverageBuy ➝ Buy$20.00Medium
11/20/2017Evercore ISIInitiated CoverageOutperform ➝ Outperform$15.00N/A
7/22/2017Jefferies Financial GroupReiterated RatingBuy$22.00 ➝ $20.00Medium
(Data available from 5/26/2017 forward)

News Sentiment Rating

0.17 (Hold)

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
  • 2 very positive mentions
  • 1 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
10/28/2021
  • 2 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
11/27/2021
  • 1 very positive mentions
  • 0 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
12/27/2021
  • 1 very positive mentions
  • 7 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
1/26/2022
  • 2 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
2/25/2022
  • 6 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
3/27/2022
  • 4 very positive mentions
  • 3 positive mentions
  • 2 negative mentions
  • 2 very negative mentions
4/26/2022
  • 2 very positive mentions
  • 8 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
5/26/2022

Current Sentiment

  • 2 very positive mentions
  • 8 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Genco Shipping & Trading logo
Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.
Read More

Today's Range

Now: $24.89
Low: $23.57
High: $25.06

50 Day Range

MA: $22.71
Low: $20.62
High: $25.64

52 Week Range

Now: $24.89
Low: $13.21
High: $26.00

Volume

1,451,099 shs

Average Volume

1,065,943 shs

Market Capitalization

$1.05 billion

P/E Ratio

4.80

Dividend Yield

12.41%

Beta

0.85

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: B. Riley, BTIG Research, HC Wainwright, Jefferies Financial Group Inc., StockNews.com, TheStreet, and Zacks Investment Research.
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 $28.25, suggesting a possible upside of 13.5%.
View the latest price targets for GNK.

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

Genco Shipping & Trading currently has 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe GNK will outperform the market and that investors should add to their positions of Genco Shipping & Trading.
View the latest ratings for GNK.

What other companies compete with 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.