Genco Shipping & Trading (GNK)
Transports bulk commodities through owned vessels and active chartering.
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Owns drybulk vessels carrying iron ore, coal, grain, bauxite, steel products, and other cargoes worldwide. Revenue comes from Major Bulk and Minor Bulk vessels chartered to trading houses, commodity producers, and government-owned entities.
Owns and operates drybulk vessels that move iron ore, coal, grain, bauxite, steel products, and other cargoes on worldwide routes. Major Bulk covers larger vessels tied mainly to iron ore and coal, while Minor Bulk covers mid-sized vessels carrying a wider mix of industrial and agricultural cargoes.
Runs an active owner-operator model: choosing charter mix, negotiating time and spot-market charters, monitoring vessel performance, and buying or selling ships as the fleet changes. Technical management is handled through GS Shipmanagement.
Revenue depends on drybulk freight-rate cycles, cargo trading patterns, vessel supply, charterer concentration, and capital allocation in a vessel-heavy asset base.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| May 8, 2026 | Deutsche Bank | Target | Target: $22 | Target: $29 |
| Feb 19, 2026 | Alliance Global Partners | Downgrade | ||
| Sep 26, 2025 | SEB Enskilda | Target | Target: — | Target: $23 |
| Oct 23, 2024 | Stifel | Downgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $73.6M · Total debt $325.2M · Total assets $1.26B · Shareholders' equity $888.6M
- Revenue
- $136.4M
- Operating income
- $21.8M
- Net income
- $16.6M
HistoryDividendAnnual yield
| Institutions | 56.95% | 24.82M shares | |
|---|---|---|---|
| 170 holders · as of Jun 30, 2026 | |||
| Insiders | 2.13% | 929.2K shares | |
| 6 holders · as of Jun 23, 2026 | |||
| Strategic holders | 11.69% | 5.10M shares | |
| 2 holders · as of Jul 7, 2025 | |||
| Other | 29.23% | 12.74M shares | |
| remainder | |||
43.59M company shares as of Sep 23, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
BlackRock, Inc.Institution | 10.50% | 4.58M | as of Jun 30, 2026 |
Kibo Investments Pte. Ltd.Strategic | 9.54% | 4.16M | filed Jul 7, 2025 |
Dimensional Fund Advisors LPInstitution | 5.78% | 2.52M | as of Jun 30, 2026 |
American Century Companies IncInstitution | 4.09% | 1.78M | as of Jun 30, 2026 |
Townsend & Associates, IncInstitution | 2.90% | 1.27M | as of Jun 30, 2026 |
Insider tradesForm 4
| Date | Insider | Role | Shares | Avg price |
|---|---|---|---|---|
| Sep 2, 2026 | Diana Shipping Inc. | 10 percent owner | −150,000 | $26.69 |
| Sep 1, 2026 | Diana Shipping Inc. | 10 percent owner | −125,000 | $26.02 |
| Aug 28, 2026 | Diana Shipping Inc. | 10 percent owner | −2,280 | $26.00 |
| Aug 27, 2026 | Diana Shipping Inc. | 10 percent owner | −8,427 | $26.13 |
| Aug 25, 2026 | Diana Shipping Inc. | 10 percent owner | −648,256 | $26.55 |
- Star Bulk Carriers
Broad drybulk rival across major and minor vessel classes
- CMB.TECH (ADR)
Large diversified owner with inherited Golden Ocean drybulk scale
- Diana Shipping
Similar drybulk fleet and live public control-context peer
- Safe Bulkers
Deep-sea drybulk owner focused on Panamax-to-Capesize tonnage
- Seanergy Maritime
Pure-play Capesize rival on major-bulk commodity routes
- Pangaea Logistics Solutions
Cargo-focused drybulk logistics rival in minor and niche bulk
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| Genco Shipping & Trading | $26.23 | −1.87% | $1.16B | 29.5 | 11.2 | 2.6 | +14.0% |
| Star Bulk Carriers | $30.32 | −2.00% | $3.45B | 12.1 | 7.1 | 2.9 | +61.6% |
| CMB.TECH (ADR) | $19.09 | −1.29% | $5.61B | 6.7 | 8.3 | 2.5 | +78.0% |
| Diana Shipping | $2.92 | −0.07% | $360.7M | 6.0 | 6.1 | 1.7 | +4.8% |
| Safe Bulkers | $8.36 | −1.47% | $863.5M | 10.9 | 12.2 | 2.8 | +33.0% |
| Seanergy Maritime | $17.60 | −1.27% | $376.5M | 6.2 | 6.3 | 1.9 | +48.6% |
| Pangaea Logistics Solutions | $8.21 | −2.01% | $548.2M | 11.2 | 9.5 | 0.8 | +19.4% |
| Median | 8.8 | 7.7 | 2.2 | +40.8% |