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Genco Shipping & Trading - GNK Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $24.00
  • Forecasted Upside: 90.63%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
$12.59 As of 05/26/2023 09:47 PM ET
▼ -0.06 (-0.47%)

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 $24.00
▲ +90.63% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Genco Shipping & Trading in the last 3 months. The average price target is $24.00, with a high forecast of $27.00 and a low forecast of $20.00. The average price target represents a 90.63% upside from the last price of $12.59.

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 Buy

The current consensus among 5 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
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2021
  • 0 strong buy ratings
  • 6 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
3/4/2022
  • 0 strong buy ratings
  • 3 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
6/2/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
8/31/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/29/2022
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
2/27/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/28/2023
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
5/28/2023

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
4/25/2023Stifel NicolausBoost Target$23.00 ➝ $24.00Low
2/23/2023Jefferies Financial GroupReiterated RatingBuy$20.00Low
11/16/2022Alliance Global PartnersLower Target$27.00N/A
11/15/2022BTIG ResearchLower Target$22.00Low
10/10/2022B. RileyLower TargetBuy$31.00 ➝ $27.00Low
9/29/2022Stifel NicolausInitiated CoverageBuy$20.00Low
9/26/2022Jefferies Financial GroupLower TargetBuy$25.00 ➝ $20.00Low
8/3/2022Alliance Global PartnersInitiated CoverageBuy$29.00Low
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$25.00Low
6/14/2022Clarkson CapitalReiterated RatingBuyMedium
5/6/2022B. RileyBoost Target$27.00 ➝ $31.00High
4/27/2022Jefferies Financial GroupInitiated CoverageBuy ➝ BuyHigh
2/24/2022Jefferies Financial GroupBoost TargetBuy$25.00 ➝ $26.00Medium
9/13/2021BTIG ResearchInitiated CoverageBuy$26.00Medium
9/13/2021HC WainwrightInitiated CoverageBuy$30.00High
6/30/2021Jefferies Financial GroupBoost TargetBuy$20.00 ➝ $24.00High
5/7/2021B. RileyBoost TargetBuy$14.00 ➝ $22.00Medium
5/6/2021Jefferies Financial GroupBoost 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 TargetBuy$11.00 ➝ $14.00High
2/25/2021Jefferies Financial GroupBoost TargetBuy$11.00 ➝ $13.00High
1/29/2021Jefferies Financial GroupBoost 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 TargetBuy$14.00 ➝ $11.00High
3/9/2020DNB MarketsDowngradeBuy ➝ Hold$10.00High
2/27/2020B. RileyLower 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 TargetBuy$18.00N/A
4/10/2019B. RileySet TargetBuy$15.00Medium
3/7/2019Noble FinancialReiterated RatingBuy$18.00High
3/6/2019Maxim GroupLower TargetBuy ➝ Buy$22.00 ➝ $20.00Low
3/6/2019Morgan StanleyBoost 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 TargetBuy$24.00Low
(Data available from 5/29/2018 forward)

News Sentiment Rating

0.11 (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
  • 0 very positive mentions
  • 1 positive mentions
  • 2 negative mentions
  • 1 very negative mentions
Mentions as of
10/31/2022
  • 1 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
11/30/2022
  • 2 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/30/2022
  • 5 very positive mentions
  • 3 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
1/29/2023
  • 2 very positive mentions
  • 6 positive mentions
  • 3 negative mentions
  • 2 very negative mentions
Mentions as of
2/28/2023
  • 6 very positive mentions
  • 4 positive mentions
  • 3 negative mentions
  • 1 very negative mentions
Mentions as of
3/30/2023
  • 2 very positive mentions
  • 11 positive mentions
  • 4 negative mentions
  • 0 very negative mentions
Mentions as of
4/29/2023
  • 2 very positive mentions
  • 9 positive mentions
  • 5 negative mentions
  • 1 very negative mentions
Mentions as of
5/29/2023

Current Sentiment

  • 2 very positive mentions
  • 9 positive mentions
  • 5 negative mentions
  • 1 very negative mentions

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Genco Shipping & Trading logo
Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It operates through the ocean transportation of drybulk cargoes worldwide through the ownership and operation of drybulk carrier vessels segment. The company was founded on September 27, 2004 and is headquartered in New York, NY.
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Today's Range

Now: $12.59
Low: $12.56
High: $12.80

50 Day Range

MA: $14.85
Low: $12.59
High: $16.66

52 Week Range

Now: $12.59
Low: $11.92
High: $27.15

Volume

900,300 shs

Average Volume

943,237 shs

Market Capitalization

$535.20 million

P/E Ratio

4.53

Dividend Yield

4.77%

Beta

1.06

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, Clarkson Capital, 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?

5 Wall Street analysts have set twelve-month price targets for Genco Shipping & Trading in the last year. Their average twelve-month price target is $24.00, suggesting a possible upside of 90.6%. B. Riley has the highest price target set, predicting GNK will reach $27.00 in the next twelve months. Jefferies Financial Group Inc. has the lowest price target set, forecasting a price of $20.00 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 5 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?

Other companies that are similar to Genco Shipping & Trading include Eagle Bulk Shipping, Ardmore Shipping, Tsakos Energy Navigation, Teekay and Global Ship Lease. 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.