Genco Shipping & Trading Ltd Warrants Stock News

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

The world is shifting, driving inefficiencies in global trade of bulk commodities that benefit maritime shipping. Genco's strengthening balance sheet reduces its exposure to raising rates.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest

Here is how Genco Shipping & Trading (GNK) and Tsakos Energy (TNP) have performed compared to their sector so far this year.

Here is how Genco Shipping & Trading (GNK) and Tsakos Energy (TNP) have performed compared to their sector so far this year.

In the latest trading session, Genco Shipping & Trading (GNK) closed at $20.44, marking a +0.54% move from the previous day.

Genco Shipping & Trading (GNK) closed the most recent trading day at $22.33, moving -1.19% from the previous trading session.

The Baltic Dry Index is sinking, and it's taking dry bulk shippers Star Bulk, Genco Shipping, and Eagle Bulk down with it.

GNK has a new dividend policy - its forward yield is 12.40%. Management has paid down significant debt - Net Debt/EBITDA is only 0.51X, interest expense dropped 50% in Q1 2022.

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The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil

Genco Shipping & Trading Limited (NYSE:GNK ) Q1 2022 Earnings Conference Call May 5, 2022 8:30 AM ET Company Participants Peter Allen - Senior Vice President, Strategy and Finance John Wobensmith - CE

All but 2 of the 73 stocks listed show dividends from a $1K investment greater than their single share prices. Some investors find this condition an invitation to look closer.