Golden Ocean GroupGOGL
GOGL
About: Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts. The Company's single operating segment derives revenue from transporting dry bulk cargoes and chartering vessels to customers on time charter or voyage charter contracts.
Employees: 44
0
Funds holding %
of 7,321 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
217% more call options, than puts
Call options by funds: $10.3M | Put options by funds: $3.26M
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
1.63% less ownership
Funds ownership: 31.27% [Q4 2024] → 29.64% (-1.63%) [Q1 2025]
4% less funds holding
Funds holding: 185 [Q4 2024] → 178 (-7) [Q1 2025]
11% less first-time investments, than exits
New positions opened: 40 | Existing positions closed: 45
15% less capital invested
Capital invested by funds: $559M [Q4 2024] → $472M (-$86.2M) [Q1 2025]
16% less repeat investments, than reductions
Existing positions increased: 53 | Existing positions reduced: 63
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$8
3%
downside
Avg. target
$8
3%
downside
High target
$8
3%
downside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Jefferies Omar Nokta | 3%downside $8 | Hold Maintained | 23 Apr 2025 |
Financial journalist opinion
Based on 4 articles about GOGL published over the past 30 days
Neutral
GlobeNewsWire
5 hours ago
GOGL – Notice of Special General Meeting
Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) announces that a Special General Meeting will be held on August 19, 2025. A copy of the Notice of the Special General Meeting and associated information can be found enclosed and on our website at www.goldenocean.bm .
Neutral
GlobeNewsWire
23 hours ago
CMB.TECH's update on the Golden Ocean merger process
Antwerp, July 17, 2025 (GLOBE NEWSWIRE) -- CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) provides a market update on the progress of the stock-for-stock merger between CMB.TECH and Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) ("Golden Ocean"). The transaction is structured as a merger, with Golden Ocean merging with and into CMB.TECH Bermuda Ltd.
Positive
Seeking Alpha
1 day ago
Golden Ocean: Strategic Merger, Strong Dividends, And Attractive Valuation
Golden Ocean's merger with CMB.TECH blends a modern dry bulk fleet with cutting-edge green propulsion, creating a global maritime leader aligned with long-term decarbonization goals. It trades at attractive valuation levels, with a P/E FWD of 12.2x and P/B under 1x—well below industry averages—offering a compelling entry point. The company maintains strong profitability, with a 38% EBITDA margin and 9.5% dividend yield, supported by disciplined capital allocation and solid free cash flow.
Neutral
GlobeNewsWire
3 days ago
GOGL – Key Dates for Special General Meeting
Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) (the "Company" or "Golden Ocean") advises that a Special General Meeting of Golden Ocean will be held on August 19, 2025. The record date for voting at the Special General Meeting is set to July 16, 2025. A copy of the Notice of the Special General Meeting and associated information will be distributed and made available on the Company's website at www.goldenocean.bm prior to the meeting.
Neutral
GlobeNewsWire
1 month ago
GOGL – 2024 Environmental, Social and Governance (ESG) Report
Golden Ocean Group Ltd (OSE/NYSE: GOGL) today released its seventh annual ESG Report. The 2024 report is prepared in accordance with the Marine Transportation framework established by the Sustainability Accounting Standards Board (SASB) and with reference to the Global reporting Initiative (GRI) Standards.
Neutral
GlobeNewsWire
1 month ago
GOGL - Ex dividend USD 0.05 today
The shares in Golden Ocean Group Limited will be traded ex dividend USD 0.05 as from today relating to the dividend for the first quarter of 2025. The dividend will be paid on or about June 17, 2025. Due to the implementation of CSDR in Norway, dividends payable on shares registered with Euronext VPS is expected to be distirbuted to Euronext VPS shareholders on or about June 19, 2025.
Neutral
GlobeNewsWire
1 month ago
GOGL - Merger Between CMB.Tech and Golden Ocean
HAMILTON, Bermuda, 28 May, 2025, 22:30 CEST – Golden Ocean Group Limited (NASDAQ: GOGL & Euronext Oslo Børs: GOGL) (“Golden Ocean”) and CMB.TECH NV (NYSE: CMBT & Euronext Brussels: CMBT) (“CMB.TECH”) are pleased to announce that they have signed an agreement and plan of merger (the “Merger Agreement”) for a stock-for-stock merger, as contemplated by the term sheet previously announced on 22 April 2025.
Negative
Zacks Investment Research
1 month ago
New Strong Sell Stocks for May 22nd
ASLE, GOGL and LCNB have been added to the Zacks Rank #5 (Strong Sell) List on May 22, 2025.
Neutral
Seeking Alpha
1 month ago
Golden Ocean Group Limited (GOGL) Q1 2025 Earnings Call Transcript
Golden Ocean Group Limited (NASDAQ:GOGL ) Q1 2025 Results Conference Call May 21, 2025 9:00 AM ET Company Participants Peder Simonsen - Interim Chief Executive Officer and Chief Financial Officer Operator Good day, and thank you for standing by. Welcome to the First Quarter 2025 Golden Ocean Group Earnings Conference Call and Webcast.
Neutral
GlobeNewsWire
1 month ago
GOGL - Key information relating to the dividend for the first quarter, 2025
Key information relating to the dividend to be paid by Golden Ocean Group Limited for the first quarter, 2025: Dividend amount: $0.05 per share Declared currency: USD. Dividends payable to shares registered with Euronext VPS will be distributed in NOK.
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