Is Genco Shipping Stock a Good Investment?
Genco Shipping Investment Advice | GNK |
- Examine Genco Shipping's financial health by looking at its balance sheet, income statement, and cash flow statement. Analyze key financial ratios, such as Price-to-Earnings (P/E), Price-to-Sales (P/S), and Price-to-Book (P/B), to determine whether the stock is fairly valued or over/undervalued.
- Research Genco Shipping's leadership team and their track record. Good management can help Genco Shipping navigate difficult times and make strategic decisions that benefit shareholders and increases its net worth.
- Consider the overall health of the Marine Transportation space and any emerging trends that could impact Genco Shipping's business and its evolving consumer preferences.
- Compare Genco Shipping's performance and market position to its competitors. Analyze how Genco Shipping is positioned in terms of product offerings, innovation, and market share.
- Check if Genco Shipping pays a dividend and its dividend yield and payout ratio.
- Review what financial analysts are saying about Genco Shipping's stock and their price targets. However, remember that analysts' opinions can vary, and their predictions may not always be accurate.
It's important to note that investing in Genco Shipping Trading stock, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember that it's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. Below is a detailed guide on how to decide if Genco Shipping Trading is a good investment.
Sell | Buy |
Strong Hold
Market Performance | Very Weak | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Below Average | Details | |
Economic Sensitivity | Follows the market closely | Details | |
Investor Sentiment | Alarmed | Details | |
Analyst Consensus | Strong Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Examine Genco Shipping Stock
Researching Genco Shipping's stock involves analyzing various aspects of the company and its industry to make an informed investment decision. The key areas to focus on are fundamentals, business model and competitive advantage. It is also important to analyze trends in revenue, net income, and cash flow, as well as key financial ratios, such as price-to-earnings (P/E), price-to-sales (P/S), and debt-to-equity (D/E). About 69.0% of the company shares are owned by institutional investors. The company has price-to-book (P/B) ratio of 0.78. Some equities with similar Price to Book (P/B) outperform the market in the long run. Genco Shipping Trading last dividend was issued on the 18th of November 2024. The entity had 1:10 split on the 8th of July 2016.
To determine if Genco Shipping is a good investment, evaluating the company's potential for future growth is also very important. This may include expanding into new markets, launching new products or services, or improving operational efficiency. Companies with strong growth prospects can be more attractive investments. This aspect of the research should be conducted in the context of the overall market and industry in which the company operates and should include an analysis of growth potential, competitive landscape, and any regulatory or economic factors that could impact the business. Some of the essential points regarding Genco Shipping's research are outlined below:
| Genco Shipping generated a negative expected return over the last 90 days | |
| The company reported the last year's revenue of 383.82 M. Reported Net Loss for the year was (12.87 M) with profit before taxes, overhead, and interest of 256.45 M. | |
| About 69.0% of the company shares are owned by institutional investors | |
| Latest headline from thelincolnianonline.com: Foundry Partners LLC Acquires 98,195 Shares of Genco Shipping Trading Limited |
Genco Shipping uses earnings reports to provide investors with an update of all three financial statements, including the income statement, the balance sheet, and the cash flow statement. Therefore, it is also crucial when considering investing in Genco Shipping Trading. Every quarterly earnings report provides investors with an overview of sales, expenses, and net income for the most recent period. It also may provide a comparison to Genco Shipping's previous reporting period. The quarterly earnings reports are usually disseminated to the public via Form 10-Q, which is a legal document filed with the Securities and Exchange Commission every quarter.
| 28th of February 2024 Upcoming Quarterly Report | View | |
| 1st of May 2024 Next Financial Report | View | |
| 31st of December 2023 Next Fiscal Quarter End | View | |
| 28th of February 2024 Next Fiscal Year End | View | |
| 30th of September 2023 Last Quarter Report | View | |
| 31st of December 2022 Last Financial Announcement | View |
Earnings surprises can significantly impact Genco Shipping's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate. Below are the table of largest EPS Surprises Genco Shipping's investors have experienced.
| Reported | Fiscal Date | Estimated EPS | Reported EPS | Surprise | |||
|---|---|---|---|---|---|---|---|
2023-11-08 | 2023-09-30 | -0.11 | -0.09 | 0.02 | 18 | ||
2020-11-04 | 2020-09-30 | 0.05 | 0.03 | -0.02 | 40 | ||
2020-05-06 | 2020-03-31 | -0.19 | -0.17 | 0.02 | 10 | ||
2019-05-08 | 2019-03-31 | -0.18 | -0.2 | -0.02 | 11 | ||
2023-08-04 | 2023-06-30 | 0.24 | 0.27 | 0.03 | 12 | ||
2018-08-08 | 2018-06-30 | 0.07 | 0.1 | 0.03 | 42 | ||
2018-05-08 | 2018-03-31 | -0.01 | 0.02 | 0.03 | 300 | ||
2021-05-05 | 2021-03-31 | 0.02 | 0.06 | 0.04 | 200 |
Know Genco Shipping's Top Institutional Investors
Have you ever been surprised when a price of an equity instrument such as Genco Shipping is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Genco Shipping Trading backward and forwards among themselves. Genco Shipping's institutional investor refers to the entity that pools money to purchase Genco Shipping's securities or originate loans. Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
| Shares | Two Sigma Investments Llc | 2024-09-30 | 680 K | Charles Schwab Investment Management Inc | 2024-09-30 | 530.5 K | Arrowstreet Capital Limited Partnership | 2024-06-30 | 521.6 K | Qube Research & Technologies | 2024-06-30 | 489.3 K | Bridgeway Capital Management, Llc | 2024-09-30 | 486.7 K | Royce & Associates, Lp | 2024-09-30 | 482.7 K | Loomis, Sayles & Company Lp | 2024-06-30 | 473.2 K | Goldman Sachs Group Inc | 2024-06-30 | 420.3 K | Algert Global Llc | 2024-09-30 | 373.1 K | Blackrock Inc | 2024-06-30 | 3.8 M | Dimensional Fund Advisors, Inc. | 2024-09-30 | 2.8 M |
Genco Shipping's market capitalization trends
The company currently falls under 'Small-Cap' category with a total capitalization of 720.9 M.Market Cap |
|
Genco Shipping's profitablity analysis
| Last Reported | Projected for Next Year | ||
| Return On Tangible Assets | (0.01) | (0.01) | |
| Return On Capital Employed | (0.01) | (0.01) | |
| Return On Assets | (0.01) | (0.01) | |
| Return On Equity | (0.01) | (0.01) |
Determining Genco Shipping's profitability involves analyzing its financial statements and using various financial metrics to determine if Genco Shipping is a good buy. For example, gross profit margin measures Genco Shipping's profitability after accounting for the cost of goods sold, while net profit margin measures profitability after accounting for all expenses. Other important metrics include return on assets, return on equity, and free cash flow. By reviewing multiple sources and metrics, you can gain a complete picture of Genco Shipping's profitability and make more informed investment decisions.
Evaluate Genco Shipping's management efficiency
Genco Shipping Trading has Return on Asset of 0.0485 % which means that on every $100 spent on assets, it made $0.0485 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0748 %, implying that it generated $0.0748 on every 100 dollars invested. Genco Shipping's management efficiency ratios could be used to measure how well Genco Shipping manages its routine affairs as well as how well it operates its assets and liabilities. Return On Tangible Assets is expected to rise to -0.01 this year. Return On Capital Employed is expected to rise to -0.005 this year. At this time, Genco Shipping's Liabilities And Stockholders Equity is quite stable compared to the past year. Non Current Liabilities Other is expected to rise to about 6.9 M this year, although the value of Total Current Liabilities will most likely fall to about 33.5 M.| Last Reported | Projected for Next Year | ||
| Book Value Per Share | 21.39 | 20.32 | |
| Tangible Book Value Per Share | 21.39 | 20.32 | |
| Enterprise Value Over EBITDA | 14.14 | 13.43 | |
| Price Book Value Ratio | 0.78 | 1.06 | |
| Enterprise Value Multiple | 14.14 | 13.43 | |
| Price Fair Value | 0.78 | 1.06 | |
| Enterprise Value | 857.2 M | 1 B |
Leadership effectiveness at Genco Shipping Trading is a strong indicator of its financial stability. We analyze various metrics to provide insights into the stock's investment viability.
Dividend Yield 0.0949 | Forward Dividend Yield 0.0949 | Forward Dividend Rate 1.6 | Beta 0.966 |
Basic technical analysis of Genco Stock
As of the 25th of November, Genco Shipping retains the Downside Deviation of 1.65, market risk adjusted performance of 0.0466, and Risk Adjusted Performance of 0.0221. Genco Shipping technical analysis makes it possible for you to employ historical prices and volume momentum with the intention to determine a pattern that calculates the direction of the firm's future prices.Genco Shipping's insider trading activities
Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Genco Shipping insiders, such as employees or executives, is commonly permitted as long as it does not rely on Genco Shipping's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Genco Shipping insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.
Genco Shipping's Outstanding Corporate Bonds
Genco Shipping issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Genco Shipping Trading uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Genco bonds can be classified according to their maturity, which is the date when Genco Shipping Trading has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| Boeing Co 2196 Corp BondUS097023DG73 | View | |
| HSBC Holdings PLC Corp BondUS404280DR76 | View |
Understand Genco Shipping's technical and predictive indicators
Using predictive indicators to make investment decisions involves analyzing Genco Shipping's various financial and market-based factors to help forecast future trends and identify investment opportunities. Select the indicators that are most relevant to your investment strategy. Each indicator has its own strengths and weaknesses, so it's essential to combine multiple indicators to get a more comprehensive view of the market and reduce the risk of making poor decisions based on limited data.
| Risk Adjusted Performance | 0.0221 | |||
| Market Risk Adjusted Performance | 0.0466 | |||
| Mean Deviation | 1.4 | |||
| Semi Deviation | 1.61 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 4638.87 | |||
| Standard Deviation | 1.74 | |||
| Variance | 3.03 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0366 | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.54 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 2.6 | |||
| Expected Short fall | (1.52) | |||
| Skewness | 0.2188 | |||
| Kurtosis | (0) |
| Risk Adjusted Performance | 0.0221 | |||
| Market Risk Adjusted Performance | 0.0466 | |||
| Mean Deviation | 1.4 | |||
| Semi Deviation | 1.61 | |||
| Downside Deviation | 1.65 | |||
| Coefficient Of Variation | 4638.87 | |||
| Standard Deviation | 1.74 | |||
| Variance | 3.03 | |||
| Information Ratio | (0.05) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.0366 | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 2.54 | |||
| Downside Variance | 2.71 | |||
| Semi Variance | 2.6 | |||
| Expected Short fall | (1.52) | |||
| Skewness | 0.2188 | |||
| Kurtosis | (0) |
Consider Genco Shipping's intraday indicators
Genco Shipping intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Genco Shipping stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
Genco Shipping Corporate Filings
8K | 6th of November 2024 Report filed with the SEC to announce major events that shareholders should know about | ViewVerify |
F4 | 28th of August 2024 The report filed by a party regarding the acquisition or disposition of a company's common stock, as well as derivative securities such as options, warrants, and convertible securities | ViewVerify |
13A | 7th of August 2024 An amended filing to the original Schedule 13G | ViewVerify |
ASR | 12th of July 2024 Automatic Shelf Registration Statement under Rule 415 filed with the U.S. Securities and Exchange Commission (SEC) | ViewVerify |
Genco Stock media impact
Far too much social signal, news, headlines, and media speculation about Genco Shipping that are available to investors today. That information is available publicly through Genco media outlets and privately through word of mouth or via Genco internal channels. However, regardless of the origin, that massive amount of Genco data is challenging to quantify into actionable patterns, especially for investors that are not very sophisticated with ever-evolving tools and techniques used in the investment management field.
A primary focus of Genco Shipping news analysis is to determine if its current price reflects all relevant headlines and social signals impacting the current market conditions. A news analyst typically looks at the history of Genco Shipping relative headlines and hype rather than examining external drivers such as technical or fundamental data. It is believed that price action tends to repeat itself due to investors' collective, patterned thinking related to Genco Shipping's headlines and news coverage data. This data is often completely overlooked or insufficiently analyzed for actionable insights to drive Genco Shipping alpha.
Genco Shipping Sentiment by Major News Outlets
Investor sentiment, mood or attitude towards Genco Shipping can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Genco Shipping Corporate Directors
| Christoph Majeske | Independent Director | Profile | |
| Jason Scheir | Independent Director | Profile | |
| Kevin Mahony | Director | Profile | |
| Basil Mavroleon | Independent Director | Profile |
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in Genco Shipping Trading. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Genco Shipping. If investors know Genco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Genco Shipping listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 1 | Dividend Share 1.57 | Earnings Share 1.58 | Revenue Per Share 10.221 | Quarterly Revenue Growth 0.192 |
The market value of Genco Shipping Trading is measured differently than its book value, which is the value of Genco that is recorded on the company's balance sheet. Investors also form their own opinion of Genco Shipping's value that differs from its market value or its book value, called intrinsic value, which is Genco Shipping's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Genco Shipping's market value can be influenced by many factors that don't directly affect Genco Shipping's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
In summary, please note that there is a difference between Genco Shipping's value and its price, as these two are different measures arrived at by various means. Investors typically determine if Genco Shipping is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Genco Shipping's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.