What is B. Riley’s Estimate for GNK Q1 Earnings?

Genco Shipping & Trading Limited (NYSE:GNK) – B. Riley issued their Q1 2025 earnings estimates for Genco Shipping & Trading in a research report issued on Thursday, February 20th. B. Riley analyst L. Burke forecasts that the shipping company will post earnings of ($0.16) per share for the quarter. 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 Q3 2025 earnings at $0.02 EPS and Q4 2025 earnings at $0.24 EPS.

GNK has been the topic of a number of other research reports. Jefferies Financial Group dropped 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. StockNews.com lowered shares of Genco Shipping & Trading from a “buy” rating to a “hold” rating in a research report on Tuesday, December 17th. Two research analysts have rated the stock with a hold rating and four have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $23.00.

Genco Shipping & Trading Trading Down 3.8 %

NYSE:GNK opened at $14.15 on Monday. Genco Shipping & Trading has a 12 month low of $13.51 and a 12 month high of $23.43. The firm has a market cap of $605.15 million, a price-to-earnings ratio of 8.09, a P/E/G ratio of 5.64 and a beta of 0.97. The company has a quick ratio of 2.49, a current ratio of 3.09 and a debt-to-equity ratio of 0.08. The company’s 50 day moving average is $14.30 and its 200-day moving average is $16.10.

Genco Shipping & Trading (NYSE:GNK) last posted its earnings results on Wednesday, February 19th. The shipping company reported $0.29 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 business had revenue of $67.95 million during the quarter, compared to analyst estimates of $67.36 million.

Hedge Funds Weigh In On Genco Shipping & Trading

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in Genco Shipping & Trading by 36.2% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 127,852 shares of the shipping company’s stock worth $1,782,000 after acquiring an additional 33,949 shares during the period. Vident Advisory LLC increased its position in Genco Shipping & Trading by 20.7% during the fourth quarter. Vident Advisory LLC now owns 31,904 shares of the shipping company’s stock worth $445,000 after acquiring an additional 5,476 shares during the period. Squarepoint Ops LLC increased its position in Genco Shipping & Trading by 55.8% during the fourth quarter. Squarepoint Ops LLC now owns 198,673 shares of the shipping company’s stock worth $2,770,000 after acquiring an additional 71,122 shares during the period. Teza Capital Management LLC boosted its stake in Genco Shipping & Trading by 792.0% during the fourth quarter. Teza Capital Management LLC now owns 110,520 shares of the shipping company’s stock worth $1,541,000 after buying an additional 98,130 shares in the last quarter. Finally, Sherbrooke Park Advisers LLC boosted its stake in Genco Shipping & Trading by 170.3% during the fourth quarter. Sherbrooke Park Advisers LLC now owns 41,219 shares of the shipping company’s stock worth $575,000 after buying an additional 25,968 shares in the last quarter. Institutional investors own 58.62% of the company’s stock.

Genco Shipping & Trading Cuts Dividend

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 18th. Investors of record on Tuesday, March 11th will be given a dividend of $0.30 per share. This represents a $1.20 dividend on an annualized basis and a yield of 8.48%. The ex-dividend date is Tuesday, March 11th. Genco Shipping & Trading’s dividend payout ratio (DPR) is currently 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.