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Genco Shipping & Trading

GNK

Market cap $1.14B

26.19 USD

-0.47

1.76%

At close Updated Oct 30, 4:00 PM EDT

Pre-market

After hours

26.19

0.00

0%

1 day

-1.76%

5 days

1.16%

1 month

0.11%

3 months

0.81%

6 months

8.04%

Year to date

42.03%

1 year

56.64%

5 years

52.27%

10 years

300.46%

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, with two reportable segment: Major and Minor bulk fleet. It generates revenue through time charter agreements, spot market voyage charters, pool agreements and spot market-related time charters. oyage revenues also include the sale of bunkers consumed during short-term time charters pursuant to the terms of the time charter agreement.

Employees: 1,056

Industrials Marine Shipping

News

Positive

Neutral

Negative

Sentiment 3-Months

Positive 53.3%

Neutral 46.7%

Negative 0%

Genco Shipping: Richer H2'26 Dividends As Momentum Fatigue Plays Out

H2'26 payouts of >$2 per share and the recent stock price reversal present GNK's dip-buying opportunity and a richer forward dividend yield of 12.8%. They may outperform the FQ3'26 TCE guidance, with the majority of the fleet exposed to elevated spot rates while supporting the strong top/bottom-line growth prospects. The ongoing fleet renewal contributes to GNK's stable fleet age on a YoY basis while driving the expanded Capesize exposure, with it supporting their future outperformance.

Genco Shipping: Richer H2'26 Dividends As Momentum Fatigue Plays Out

Genco Shipping & Trading Limited Announces Third Quarter 2026 Conference Call and Webcast

NEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the third quarter of 2026 on Thursday, November 5, 2026 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the third quarter ended September 30, 2026 on Wednesday, November 4, 2026 after the close of market trading.

Genco Shipping & Trading Limited Announces Third Quarter 2026 Conference Call and Webcast

Quad Graphics Conference: Genco Sees Dry Bulk Tailwinds, Targets $1-Plus Dividends

Genco Shipping & Trading outlined a dry bulk market outlook supported by limited fleet growth, longer trade routes and rising commodity volumes, while highlighting its low-leverage balance sheet and variable dividend policy.

Quad Graphics Conference: Genco Sees Dry Bulk Tailwinds, Targets $1-Plus Dividends

Genco Shipping Sees Capesize Boom Fueling Record Dividends and Stronger Earnings

Genco Shipping & Trading NYSE: GNK said it is benefiting from a strong dry bulk shipping market, supported by low fleet growth, longer-haul commodity routes and rising demand for Capesize vessels used to transport iron ore, coal and bauxite.

Genco Shipping Sees Capesize Boom Fueling Record Dividends and Stronger Earnings

Dry Bulk Shipping Momentum Poised To Continue

The dry bulk segment was named my top pick for 2026, and CMB.TECH, J Mintzmyer's top pick in dry bulk, has delivered a 102.63% total return YTD. Dry bulk supply is tightening due to aging fleets, slow newbuild deliveries, and shipyard backlogs, supporting higher asset values and NAV.

Dry Bulk Shipping Momentum Poised To Continue

Genco Shipping & Trading Limited Issues Open Letter to Shareholders Following Withdrawal by Diana Shipping Inc. of its Offer

Genco Board Provided Diana Clear Criteria for a Transaction Reflecting Fair Value and in the Best Interests of All Genco Shareholders

Genco Shipping & Trading Limited Issues Open Letter to Shareholders Following Withdrawal by Diana Shipping Inc. of its Offer

Diana Shipping Drops Bid to Acquire Genco Shipping & Trading

The decision ends a nearly year-long takeover battle between the two shipping companies.

Diana Shipping Drops Bid to Acquire Genco Shipping & Trading

Genco Shipping & Trading Limited Announces Delivery of High Specification Capesize Vessel

Further Expands Fleet of Premium Earning Assets, Including 20 Capesize/Newcastlemax Vessels Highly Accretive Capesize/Newcastlemax Acquisitions Have Generated ~30% IRR and Meaningfully Contributed to Dividend Growth NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Volunteer, a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel. John C. Wobensmith, Chairman and Chief Executive Officer, commented, “We are pleased to take delivery of our latest high-specification Capesize vessel in a strong drybulk market.

Genco Shipping & Trading Limited Announces Delivery of High Specification Capesize Vessel

Genco Shipping & Trading Q2 Earnings Call Highlights

Genco Shipping & Trading NYSE: GNK reported stronger second-quarter results as dry bulk freight rates rose, supported by higher earnings from its expanded fleet and a continued focus on low leverage and shareholder dividends.

Genco Shipping & Trading Q2 Earnings Call Highlights

Genco Shipping & Trading Limited (GNK) Q2 2026 Earnings Call Transcript

Genco Shipping & Trading Limited (GNK) Q2 2026 Earnings Call Transcript

Genco Shipping & Trading Limited (GNK) Q2 2026 Earnings Call Transcript

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