Genco Shipping & Trading Limited (GNK) AI Stock Analysis

Founded in 2004 and based in New York, New York, Genco Shipping & Trading Limited operates in the global ocean transportation sector, specializing in the shipment of dry bulk cargoes. The company owns and operates dry bulk carrier vessels that transport commodities including iron ore, coal, grains, steel products, and other dry-bulk cargoes for global trade. It charters its vessels to commodities traders, producers, and government-owned entities. As of December 31, 2021, Genco Shipping's fleet consisted of 44 dry bulk carriers—comprising 17 Capesize, 15 Ultramax, and 12 Supramax vessels—with an aggregate capacity of approximately 4,636,000 deadweight tons.

Genco's results reflect cyclical shipping markets. Annual revenue peaked at $547.1M in FY2021 with net income of $182.0M, before dropping to $383.8M in FY2023 with a net loss of -$12.9M. Following a recovery to $423.0M in FY2024, FY2025 revenue fell 19.1% to $342.1M, generating an operating margin of 2.7% and a net loss of -$4.4M. Over the 5-year span from FY2020 to FY2025, revenue contracted at a CAGR of -0.8%. However, results rebounded over the trailing twelve months, reaching $440.7M in revenue and an operating margin of 25.0%. For the latest quarter ended June 30, 2026, revenue increased 68.5% and earnings grew 21.7% year-over-year.

As of June 30, 2026, Genco held $73.6M in cash and short-term investments against total debt of $325.2M, leaving net debt at $251.6M. Shareholders' equity stood at $888.6M, resulting in a debt-to-equity ratio of 0.37 and a current ratio of 2.97. In FY2025, operating cash flow was $31.9M while capital expenditures of $92.4M led to free cash flow of -$60.5M. The company also paid $32.8M in dividends during FY2025.

At $24.51 on October 16, 2026, Genco trades at a market capitalization of $1.07B and an enterprise value of $1.40B. The stock carries a trailing P/E of 26.6x and a forward P/E of 9.5x, compared to medians of 24.8x and 17.2x, respectively, for US-listed Industrials peers. Its EV-to-EBITDA stands at 9.9x versus the peer median of 13.9x. Over the past year, Genco returned 62.4%, outperforming the 16.8% return of the S&P 500 (SPY). Over five years, GNK gained 116.6% compared to 83.0% for SPY.

Genco pays a quarterly dividend with an annualized forward rate of $1.80, representing a dividend yield of 7.34%. The company has paid dividends for 8 consecutive years, delivering a 5-year annualized dividend growth rate of 26.1%. Because of cyclical net earnings, its payout ratio sits at 139.5%. The last ex-dividend date was August 17, 2026.

Wall Street coverage includes 3 Strong Buy, 1 Buy, and 2 Hold ratings, with zero Sell recommendations. The mean price target is $29.36, indicating 19.8% upside from the October 16, 2026 close of $24.51. For the fiscal year ending December 31, 2026, consensus estimates project revenue of $392.0M and EPS of $2.75. For the following fiscal year, 5 analysts project revenue to decrease 8.1% to $360.2M and EPS to decline 37.2% to $1.73. Genco beat EPS estimates in 3 of the last 4 quarters, and its next earnings date is November 4, 2026.

This page is an AI-written research summary of Genco Shipping & Trading Limited (GNK). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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