Genco Shipping & Trading

GNK

Market cap $700M

NEW YORK, Oct. 16, 2025 (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 Courageous, a 2020-built 182,000 dwt scrubber-fitted Capesize vessel.

NEW YORK, Oct. 01, 2025 (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 its Board of Directors (the “Board”) has adopted a limited duration shareholder rights plan (the “Rights Plan”). The Rights Plan is effective immediately and has a one-year duration expiring on September 30, 2026.

NEW YORK, Aug. 28, 2025 (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 James G. Dolphin has retired from the Board. The decision is not the result of any disagreement on Genco's strategy, operations, policies or practices.

NEW YORK, Aug. 25, 2025 (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, announced today that John C. Wobensmith, Chief Executive Officer, Peter Allen, Chief Financial Officer, and Michael Orr, Vice President, Finance, are scheduled to present at the Jefferies Industrials Conference on Wednesday, September 3, 2025 at 2:10 pm Eastern Time. Genco management will also participate in investor meetings held in conjunction with the conference.

Genco Shipping & Trading Limited (NYSE:GNK ) Q2 2025 Earnings Conference Call August 7, 2025 8:30 AM ET Company Participants John C. Wobensmith - CEO, President, Secretary & Director Michael Orr - Corporate Participant Peter Allen - Chief Financial Officer Conference Call Participants Charles Kennedy Fratt - Alliance Global Partners, Research Division Christopher Warren Robertson - Deutsche Bank AG, Research Division Liam Dalton Burke - B.

Genco (GNK) Q2 Revenue Drops 24%

Genco Shipping & Trading (GNK) came out with a quarterly loss of $0.14 per share versus the Zacks Consensus Estimate of a loss of $0.15. This compares to earnings of $0.46 per share a year ago.

Declares Dividend of $0.15 per share for Q2 2025 Represents Genco's 24 th Consecutive Quarterly Dividend

Genco Shipping boasts a nearly net cash balance sheet, disciplined fleet management, and a strong, formula-driven dividend policy with opportunistic buybacks. Drybulk market fundamentals are favorable, with rising rates, balanced supply, and promising demand from new iron ore and bauxite projects, supporting higher future dividends. Despite a likely Q2 loss, I expect dividends to remain steady and to increase in Q3 as rates improve and earnings rebound.

Genco Shipping (GNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.