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

Genco Shipping & Trading Limited (NYSE:GNK) – B. Riley issued their Q1 2025 earnings per share (EPS) estimates for shares of Genco Shipping & Trading in a research note issued on Thursday, February 20th. B. Riley analyst L. Burke expects that the shipping company will post earnings per share of ($0.16) 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.

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

GNK has been the subject of several other reports. Jefferies Financial Group cut their target price on shares of Genco Shipping & Trading from $20.00 to $19.00 and set a “buy” rating for the company in a research note on Thursday, February 20th. StockNews.com downgraded shares of Genco Shipping & Trading from a “buy” rating to a “hold” rating in a research report on Tuesday, December 17th. Two investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $23.00.

Genco Shipping & Trading Trading Up 2.1 %

Shares of NYSE:GNK opened at $14.18 on Monday. Genco Shipping & Trading has a 52-week low of $13.51 and a 52-week high of $23.43. The company has a market capitalization of $606.09 million, a P/E ratio of 8.10, a price-to-earnings-growth ratio of 5.64 and a beta of 0.97. The company has a 50-day simple moving average of $14.29 and a 200 day simple moving average of $16.05. The company has a debt-to-equity ratio of 0.08, a quick ratio of 2.49 and a current ratio of 3.09.

Genco Shipping & Trading Cuts Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 18th. Shareholders of record on Tuesday, March 11th will be given a dividend of $0.30 per share. The ex-dividend date of this dividend is Tuesday, March 11th. This represents a $1.20 annualized dividend and a yield of 8.47%. Genco Shipping & Trading’s dividend payout ratio (DPR) is presently 68.57%.

Insiders Place Their Bets

In other news, CAO Joseph Adamo sold 6,226 shares of Genco Shipping & Trading stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $13.96, for a total value of $86,914.96. Following the completion of the sale, the chief accounting officer now directly owns 26,829 shares in the company, valued at approximately $374,532.84. The trade was a 18.84 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Peter George Allen sold 8,984 shares of Genco Shipping & Trading stock in a transaction that occurred on Monday, February 24th. The shares were sold at an average price of $13.96, for a total transaction of $125,416.64. Following the completion of the sale, the chief financial officer now owns 45,251 shares of the company’s stock, valued at approximately $631,703.96. The trade was a 16.56 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 28,812 shares of company stock worth $402,216 over the last three months. Insiders own 2.50% of the company’s stock.

Institutional Investors Weigh In On Genco Shipping & Trading

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Semanteon Capital Management LP bought a new position in Genco Shipping & Trading in the third quarter valued at approximately $905,000. Townsend & Associates Inc increased its stake in Genco Shipping & Trading by 2.7% in the third quarter. Townsend & Associates Inc now owns 1,048,858 shares of the shipping company’s stock valued at $20,453,000 after acquiring an additional 27,783 shares during the last quarter. MQS Management LLC bought a new position in Genco Shipping & Trading in the third quarter valued at approximately $490,000. Royce & Associates LP increased its stake in Genco Shipping & Trading by 43.1% in the third quarter. Royce & Associates LP now owns 482,687 shares of the shipping company’s stock valued at $9,412,000 after acquiring an additional 145,471 shares during the last quarter. Finally, Empowered Funds LLC increased its stake in Genco Shipping & Trading by 5.4% in the third quarter. Empowered Funds LLC now owns 255,775 shares of the shipping company’s stock valued at $4,988,000 after acquiring an additional 12,998 shares during the last quarter. 58.62% of the stock is currently owned by institutional investors and hedge funds.

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.