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ALL
Market cap
$1.12B
EPS
0.92
P/E ratio
29.1
Price to sales
2.62
Dividend yield
12.485%
Beta
0.966215
Previous close
$25.64
Today's open
$26.02
Day's range
$25.37 - $26.36
52 week range
$15.58 - $28.42
show more
CEO
John C. Wobensmith
Employees
925
Headquarters
New York, NY
Exchange
New York Stock Exchange
Shares outstanding
43586605
Issue type
Common Stock
Industrials
Transportation
Genco Shipping: Richer H2'26 Dividends As Momentum Fatigue Plays Out
H2'26 payouts of >$2 per share and the recent stock price reversal present GNK's dip-buying opportunity and a richer forward dividend yield of 12.8%. They may outperform the FQ3'26 TCE guidance, with the majority of the fleet exposed to elevated spot rates while supporting the strong top/bottom-line growth prospects. The ongoing fleet renewal contributes to GNK's stable fleet age on a YoY basis while driving the expanded Capesize exposure, with it supporting their future outperformance.
Seeking Alpha • Oct 19, 2026

Genco Shipping & Trading Limited Announces Third Quarter 2026 Conference Call and Webcast
NEW YORK, Oct. 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE: GNK) announced today that it will hold a conference call to discuss the Company's results for the third quarter of 2026 on Thursday, November 5, 2026 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the third quarter ended September 30, 2026 on Wednesday, November 4, 2026 after the close of market trading.
GlobeNewsWire • Oct 13, 2026

Quad Graphics Conference: Genco Sees Dry Bulk Tailwinds, Targets $1-Plus Dividends
Genco Shipping & Trading outlined a dry bulk market outlook supported by limited fleet growth, longer trade routes and rising commodity volumes, while highlighting its low-leverage balance sheet and variable dividend policy.
MarketBeat • Sep 26, 2026

Genco Shipping Sees Capesize Boom Fueling Record Dividends and Stronger Earnings
Genco Shipping & Trading NYSE: GNK said it is benefiting from a strong dry bulk shipping market, supported by low fleet growth, longer-haul commodity routes and rising demand for Capesize vessels used to transport iron ore, coal and bauxite.
MarketBeat • Sep 25, 2026

Dry Bulk Shipping Momentum Poised To Continue
The dry bulk segment was named my top pick for 2026, and CMB.TECH, J Mintzmyer's top pick in dry bulk, has delivered a 102.63% total return YTD. Dry bulk supply is tightening due to aging fleets, slow newbuild deliveries, and shipyard backlogs, supporting higher asset values and NAV.
Seeking Alpha • Sep 15, 2026

Genco Shipping & Trading Limited Issues Open Letter to Shareholders Following Withdrawal by Diana Shipping Inc. of its Offer
Genco Board Provided Diana Clear Criteria for a Transaction Reflecting Fair Value and in the Best Interests of All Genco Shareholders
GlobeNewsWire • Aug 17, 2026

Diana Shipping Drops Bid to Acquire Genco Shipping & Trading
The decision ends a nearly year-long takeover battle between the two shipping companies.
WSJ • Aug 14, 2026

Genco Shipping & Trading Limited Announces Delivery of High Specification Capesize Vessel
Further Expands Fleet of Premium Earning Assets, Including 20 Capesize/Newcastlemax Vessels Highly Accretive Capesize/Newcastlemax Acquisitions Have Generated ~30% IRR and Meaningfully Contributed to Dividend Growth NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Volunteer, a 2019 Imabari built 182,000 dwt scrubber-fitted Capesize vessel. John C. Wobensmith, Chairman and Chief Executive Officer, commented, “We are pleased to take delivery of our latest high-specification Capesize vessel in a strong drybulk market.
GlobeNewsWire • Aug 12, 2026

Genco Shipping & Trading Q2 Earnings Call Highlights
Genco Shipping & Trading NYSE: GNK reported stronger second-quarter results as dry bulk freight rates rose, supported by higher earnings from its expanded fleet and a continued focus on low leverage and shareholder dividends.
MarketBeat • Aug 8, 2026

Genco Shipping & Trading Limited (GNK) Q2 2026 Earnings Call Transcript
Genco Shipping & Trading Limited (GNK) Q2 2026 Earnings Call Transcript
Seeking Alpha • Aug 7, 2026

¹ Disclosures

Open an M1 investment account to buy and sell Genco Shipping & Trading Limited New (Marshall Islands) commission-free¹. Build wealth for the long term using automated trading and transfers.