Genco Shipping & Trading Ltd Warrants Stock News

Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund.

The average of price targets set by Wall Street analysts indicates a potential upside of 28.3% in Genco Shipping (GNK). While the effectiveness of this highly sought-after metric is questionable, the

The GNK stock has been temporarily downgraded to a Hold now, with the growing optimism embedded in its stock valuations/ prices likely offering minimal returns ahead. With expenses rising and contract

Just as investors thought inflation was easing, conflict in the Middle East and drought in Latin America may combine to push shipping rates higher for companies like ZIM Integrated Shipping Services L

Genco Shipping has the best balance sheet among similar-sized bulk carrier companies, with a strong liquidity position and low total debt-to-equity ratio. The company's fleet composition follows a bar

Shipping stocks are up on Monday after BP (NYSE: BP ) announced that it will no longer be using shipping routes that travel through the Red Sea. This announcement comes alongside increased attacks fro

John Wobensmith, chief executive of Genco Shipping, talks about the outlook for the shipping industry, including supply constraints and environmental regulation.

During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high

Genco Shipping & Trading Limited (NYSE:GNK ) Q3 2023 Earnings Conference Call November 9, 2023 8:30 AM ET Company Participants Peter Allen – Chief Financial Officer John Wobensmith – Chief Executi

Genco Shipping (GNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Genco Shipping & Trading Limited stock has fallen 1.4% since my last bullish call but remains attractive at current price levels. Genco reported strong financials for Q2, including a net income of $11

NEW YORK, Oct. 05, 2023 (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 2

GNK's dividend prospects remain excellent, thanks to the highly competent management team, healthier balance sheet, and reduced operating expenses. Its Capesize TCE rates are also improved compared to

Genco Shipping & Trading Ltd (NYSE:GNK ) Q2 2023 Earnings Conference Call August 4, 2023 10:00 AM ET Company Participants Peter Allen - CFO John Wobensmith - CEO, President, Secretary & Director Confe

Genco Shipping & Trading (GNK) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.17 per share. This compares to earnings of $1.10 per share a year ago.