B. Riley Issues Negative Estimate for GNK Earnings

Genco Shipping & Trading Limited (NYSE:GNK) – Equities researchers at B. Riley cut their Q4 2025 earnings per share (EPS) estimates for Genco Shipping & Trading in a report issued on Thursday, April 24th. B. Riley analyst L. Burke now forecasts that the shipping company will post earnings per share of $0.17 for the quarter, down from their previous forecast of $0.24. The consensus estimate for Genco Shipping & Trading’s current full-year earnings is $0.48 per share. B. Riley also issued estimates for Genco Shipping & Trading’s FY2026 earnings at $0.41 EPS.

A number of other equities research analysts also recently issued reports on the company. Pareto Securities upgraded Genco Shipping & Trading to a “strong-buy” rating in a research note on Monday, March 31st. Jefferies Financial Group decreased their price target on shares of Genco Shipping & Trading from $20.00 to $19.00 and set a “buy” rating on the stock in a research report on Thursday, February 20th. Two research analysts have rated the stock with a hold rating, four have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $23.00.

Genco Shipping & Trading Price Performance

Shares of GNK opened at $12.86 on Friday. The company has a current ratio of 3.09, a quick ratio of 2.49 and a debt-to-equity ratio of 0.08. Genco Shipping & Trading has a 1-year low of $11.20 and a 1-year high of $23.43. The firm has a market cap of $552.24 million, a PE ratio of 7.35, a P/E/G ratio of 5.64 and a beta of 0.96. The firm has a fifty day simple moving average of $13.33 and a two-hundred day simple moving average of $14.66.

Genco Shipping & Trading (NYSE:GNK) last released its quarterly earnings data on Wednesday, February 19th. The shipping company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.56 by ($0.27). Genco Shipping & Trading had a net margin of 18.06% and a return on equity of 7.82%. The company had revenue of $67.95 million for the quarter, compared to analysts’ expectations of $67.36 million.

Institutional Investors Weigh In On Genco Shipping & Trading

Several large investors have recently bought and sold shares of GNK. Banque Transatlantique SA bought a new stake in shares of Genco Shipping & Trading in the 4th quarter worth about $28,000. R Squared Ltd purchased a new stake in Genco Shipping & Trading during the fourth quarter valued at approximately $29,000. New Age Alpha Advisors LLC purchased a new position in shares of Genco Shipping & Trading in the 4th quarter worth approximately $56,000. GAMMA Investing LLC increased its position in shares of Genco Shipping & Trading by 1,119.1% during the 1st quarter. GAMMA Investing LLC now owns 4,462 shares of the shipping company’s stock valued at $60,000 after purchasing an additional 4,096 shares during the last quarter. Finally, Randolph Co Inc bought a new stake in Genco Shipping & Trading in the first quarter worth $134,000. Institutional investors own 58.62% of the company’s stock.

Insider Buying and Selling

In related news, insider Jesper Christensen sold 13,602 shares of the stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $13.96, for a total transaction of $189,883.92. Following the completion of the transaction, the insider now directly owns 57,322 shares of the company’s stock, valued at approximately $800,215.12. This represents a 19.18 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Peter George Allen sold 8,984 shares of Genco Shipping & Trading stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $13.96, for a total value of $125,416.64. Following the completion of the sale, the chief financial officer now directly owns 45,251 shares in the company, valued at approximately $631,703.96. The trade was a 16.56 % decrease in their position. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 28,812 shares of company stock worth $402,216. 2.08% of the stock is owned by corporate insiders.

Genco Shipping & Trading Cuts Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 18th. Stockholders of record on Tuesday, March 11th were given a $0.30 dividend. The ex-dividend date of this dividend was Tuesday, March 11th. This represents a $1.20 annualized dividend and a dividend yield of 9.33%. Genco Shipping & Trading’s payout ratio is 68.57%.

Genco Shipping & Trading Company Profile

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. The company was founded on September 27, 2004 and is headquartered in New York, NY.