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Genco Shipping & Trading
GNK

$20.55
1.33%
 

About: Genco Shipping & Trading Ltd is an international shipping company specializing in the transportation of iron ore, coal, grain, steel products and other drybulk cargoes. It is involved in the ocean transportation of drybulk cargoes. The company operates in one segment, the ocean transportation of drybulk cargoes through the ownership and operation of drybulk carrier vessels. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters.

Employees: 1,105

0
Funds holding %
of 6,474 funds
Analysts bullish %
0
News positive %
of 6 articles

Fund manager confidence

Based on 2023 Q4 SEC filings by fund managers ($100M+ AUM)

63% more call options, than puts

Call options by funds: $6.6M | Put options by funds: $4.04M

22% more repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 46

16% more capital invested

Capital invested by funds: $325M [Q3] → $377M (+$52M) [Q4]

0% more funds holding

Funds holding: 151 [Q3] → 151 (+0) [Q4]

0% more first-time investments, than exits

New positions opened: 25 | Existing positions closed: 25

1.42% less ownership

Funds ownership: 54.65% [Q3] → 53.23% (-1.42%) [Q4]

Research analyst outlook

2 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target
$20
3%
downside
Avg. target
$22
5%
upside
High target
$23
12%
upside

2 analyst ratings

positive
100%
neutral
0%
negative
0%
Stifel
Benjamin Nolan
12%upside
$23
Buy
Maintained
19 Apr 2024
Jefferies
Omar Nokta
3%downside
$20
Buy
Maintained
30 Nov 2023

Financial journalist opinion

Based on 6 articles about GNK published over the past 30 days