Genco Shipping & Trading (GNK) Stock Forecast for 2024–2028. Sell or Buy Prediction







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Genco Shipping & Trading (GNK) Stock Forecast for 2024–2028. Sell or Buy?

Updated: April 11, 2024 (07:15)

Sector: Industrials

The share price of Genco Shipping & Trading Limited (GNK) now

Latest session on the 12th of April for
Genco Shipping & Trading Limited is negative
Trading Volume: 439655
Open: 20.85 /  High: 20.95 /  Low: 20.48
What analysts predict: $23.93
52-week High/Low: $21.24 / $11.88

50/200 Day Moving Average: $19.54 / $15.76

This figure corresponds to the Average Price over the previous 50/200 days. For Genco Shipping & Trading stocks, the 50-day moving average is the support level today.

For Genco Shipping & Trading stocks, the 200-day moving average is the support level today.

Are you interested in Genco Shipping & Trading Limited stocks and want to buy them, or are they already in your portfolio? If yes, then on this page you will find useful information about the dynamics of the Genco Shipping & Trading stock price in 2024, 2025, 2026, 2027, 2028. How much will one Genco Shipping & Trading share be worth in 2024 - 2028?

When should I take profit in Genco Shipping & Trading stock? When should I record a loss on Genco Shipping & Trading stock? What are analysts' forecasts for Genco Shipping & Trading stock? What is the future of Genco Shipping & Trading stock? We forecast Genco Shipping & Trading stock performance using neural networks based on historical data on Genco Shipping & Trading stocks. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account.

Genco Shipping & Trading stock prediction results are shown below and presented in the form of graphs, tables and text information, divided into time intervals. (Next month, 2024, 2025, 2026, 2027 and 2028) The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for Genco Shipping & Trading shares. This happens once a day.


Historical and forecast chart of Genco Shipping & Trading stock

The chart below shows the historical price of Genco Shipping & Trading stock and a prediction chart for the next month. For convenience, prices are divided by color. Forecast prices include: Optimistic Forecast, Pessimistic Forecast, and Weighted Average Best Forecast. Detailed values for the Genco Shipping & Trading stock price can be found in the table below.

Long-term forecasts by years.

Genco Shipping & Trading Limited, together with its subsidiaries, is engaged in the shipping of bulk cargo worldwide. By owning and operating bulk carriers, the company transports iron ore, coal, grain, steel products and other bulk cargo. It charters its ships primarily to trading houses, including commodity traders; manufacturers; and state enterprises. As of February 25, 2020, the company’s fleet consisted of 17 Capesize vessels, 1 Panamax vessel, 6 Ultramax vessels, 20 Supramax vessels and 10 Handysize vessels with a total capacity of approximately 4,914,000 tons. Genco Shipping & Trading Limited was founded in 2004 and is headquartered in New York, NY.

Genco Shipping & Trading daily forecast for a month

Date Target Pes. Opt. Vol., %
Apr 13 20.75 20.45 21.15 3.41
Apr 14 20.61 20.14 20.94 3.97
Apr 15 20.47 20.29 20.63 1.69
Apr 16 20.49 19.95 21.07 5.63
Apr 17 20.67 20.34 20.88 2.64
Apr 18 21.50 21.00 21.69 3.28
Apr 19 21.24 20.79 21.56 3.72
Apr 20 20.92 20.70 21.37 3.23
Apr 21 20.26 19.85 20.74 4.45
Apr 22 20.29 20.04 20.58 2.71
Apr 23 19.93 19.53 20.49 4.90
Apr 24 20.19 19.95 20.59 3.20
Apr 25 20.91 20.74 21.43 3.35
Apr 26 21.39 20.84 21.97 5.42
Apr 27 21.55 20.86 21.93 5.17
Apr 28 21.74 21.54 22.23 3.23
Apr 29 21.40 21.12 22.06 4.46
Apr 30 22.24 21.79 22.59 3.68
May 01 21.69 21.22 22.35 5.31
May 02 21.73 21.45 22.17 3.36
May 03 21.67 21.00 21.94 4.50
May 04 21.97 21.31 22.19 4.12
May 05 22.44 21.93 22.93 4.54
May 06 22.77 22.44 23.19 3.37
May 07 23.37 22.96 24.12 5.05
May 08 23.28 22.85 23.61 3.34
May 09 23.38 22.98 23.93 4.11
May 10 23.39 22.86 24.07 5.28
May 11 23.25 22.53 23.83 5.78
May 12 23.62 23.19 24.18 4.28

Genco Shipping & Trading Daily Price Targets


Genco Shipping & Trading Stock Forecast 04-13-2024.

Forecast target price for 04-13-2024: $20.75.
Positive dynamics for Genco Shipping & Trading shares will prevail with possible volatility of 3.297%.
Pessimistic target level: 20.45
Optimistic target level: 21.15

Genco Shipping & Trading Stock Forecast 04-14-2024.

Forecast target price for 04-14-2024: $20.61.
Negative dynamics for Genco Shipping & Trading shares will prevail with possible volatility of 3.819%.
Pessimistic target level: 20.14
Optimistic target level: 20.94

Genco Shipping & Trading Stock Forecast 04-15-2024.

Forecast target price for 04-15-2024: $20.47.
Negative dynamics for Genco Shipping & Trading shares will prevail with possible volatility of 1.666%.
Pessimistic target level: 20.29
Optimistic target level: 20.63

Genco Shipping & Trading Stock Forecast 04-16-2024.

Forecast target price for 04-16-2024: $20.49.
Positive dynamics for Genco Shipping & Trading shares will prevail with possible volatility of 5.328%.
Pessimistic target level: 19.95
Optimistic target level: 21.07

Genco Shipping & Trading Stock Forecast 04-17-2024.

Forecast target price for 04-17-2024: $20.67.
Positive dynamics for Genco Shipping & Trading shares will prevail with possible volatility of 2.574%.
Pessimistic target level: 20.34
Optimistic target level: 20.88

Genco Shipping & Trading Stock Forecast 04-18-2024.

Forecast target price for 04-18-2024: $21.50.
Positive dynamics for Genco Shipping & Trading shares will prevail with possible volatility of 3.172%.
Pessimistic target level: 21.00
Optimistic target level: 21.69

GNK (GNK) Monthly Stock Prediction for 2024

Month Target Pes. Opt. Vol., %
May. 20.85 19.98 22.78 12.30
Jun. 19.35 18.48 20.86 11.42
Jul. 19.44 17.70 20.31 12.86
Aug. 16.95 15.62 18.50 15.54
Sep. 16.30 15.36 17.55 12.48
Oct. 18.70 16.84 19.81 14.95
Nov. 20.28 18.40 21.74 15.37
Dec. 21.58 18.82 24.24 22.36

Genco Shipping & Trading forecast for this year


Genco Shipping & Trading Stock Prediction for May 2024

An uptrend is forecast for this month with an optimal target price of $20.8459. Pessimistic: $19.98. Optimistic: $22.78


Genco Shipping & Trading Stock Prediction for Jun 2024

An downtrend is forecast for this month with an optimal target price of $19.345. Pessimistic: $18.48. Optimistic: $20.86


Genco Shipping & Trading Stock Prediction for Jul 2024

An uptrend is forecast for this month with an optimal target price of $19.4379. Pessimistic: $17.70. Optimistic: $20.31


Genco Shipping & Trading Stock Prediction for Aug 2024

An downtrend is forecast for this month with an optimal target price of $16.9498. Pessimistic: $15.62. Optimistic: $18.50


Genco Shipping & Trading Stock Prediction for Sep 2024

An downtrend is forecast for this month with an optimal target price of $16.299. Pessimistic: $15.36. Optimistic: $17.55


Genco Shipping & Trading Stock Prediction for Oct 2024

An uptrend is forecast for this month with an optimal target price of $18.6982. Pessimistic: $16.84. Optimistic: $19.81


Genco Shipping & Trading Stock Prediction for Nov 2024

An uptrend is forecast for this month with an optimal target price of $20.2838. Pessimistic: $18.40. Optimistic: $21.74


Genco Shipping & Trading Stock Prediction for Dec 2024

An uptrend is forecast for this month with an optimal target price of $21.5819. Pessimistic: $18.82. Optimistic: $24.24



Genco Shipping & Trading (GNK) Monthly Stock Prediction for 2025

Month Target Pes. Opt. Vol., %
Jan 21.06 18.77 22.14 15.22
Feb 22.45 21.08 24.31 13.29
Mar 21.55 20.76 22.82 9.06
Apr 19.82 18.87 20.78 9.16
May 18.94 16.66 21.06 20.86
Jun 18.33 17.66 19.53 9.61
Jul 21.00 18.48 22.95 19.47
Aug 22.21 21.43 24.16 11.32
Sep 20.79 20.06 23.28 13.86
Oct 23.22 20.99 24.59 14.65
Nov 22.03 20.30 23.82 14.79
Dec 18.78 16.47 20.50 19.65

Genco Shipping & Trading (GNK) Monthly Stock Prediction for 2026

Month Target Pes. Opt. Vol., %
Jan 17.22 16.64 19.34 13.96
Feb 16.67 15.26 17.84 14.50
Mar 17.71 17.12 19.55 12.46
Apr 18.33 16.87 20.15 16.30
May 20.18 18.54 22.77 18.58
Jun 20.73 18.48 22.75 18.80
Jul 20.47 19.06 21.74 12.35
Aug 17.98 16.68 19.76 15.58
Sep 16.86 15.05 17.56 14.29
Oct 17.29 16.01 18.78 14.73
Nov 15.16 14.57 16.39 11.09
Dec 15.74 14.40 17.33 16.86

Genco Shipping & Trading (GNK) Monthly Stock Prediction for 2027

Month Target Pes. Opt. Vol., %
Jan 15.97 14.00 17.55 20.23
Feb 18.14 16.40 18.72 12.40
Mar 20.17 18.07 21.72 16.79
Apr 18.68 17.58 19.46 9.68
May 21.11 20.29 22.52 9.89
Jun 23.13 22.02 25.76 14.51
Jul 23.13 21.32 24.54 13.12
Aug 23.02 20.85 24.24 13.98
Sep 23.35 20.55 24.25 15.25
Oct 21.71 19.97 23.34 14.43
Nov 20.46 18.43 21.31 13.52
Dec 21.67 20.66 24.34 15.10

Genco Shipping & Trading (GNK) Monthly Stock Prediction for 2028

Month Target Pes. Opt. Vol., %
Jan 25.03 21.95 26.59 17.47
Feb 23.03 21.56 25.39 15.09
Mar 22.14 21.01 24.84 15.41
Apr 23.70 21.66 26.06 16.89
May 23.48 20.88 26.18 20.23
Jun 21.64 20.39 24.40 16.45
Jul 24.75 23.29 26.22 11.18
Aug 25.11 22.98 27.00 14.88
Sep 25.99 22.96 28.94 20.69
Oct 21.96 20.48 23.47 12.72
Nov 20.31 18.75 21.90 14.39
Dec 21.38 19.09 23.40 18.42

Genco Shipping & Trading information and performance

Genco Shipping & Trading Address

299 PARK AVENUE, 12TH FLOOR, NEW YORK, NY, US

Market Capitalization: 895 204 000 $

Market capitalization of the Genco Shipping & Trading Limited is the total market value of all issued shares of a company. It is calculated by the formula multiplying the number of GNK shares in the company outstanding by the market price of one share.

EBITDA: 89 084 000 $

EBITDA of Genco Shipping & Trading is earnings before interest, income tax and depreciation of assets.

PE Ratio: None

P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit

PEG Ratio: -1.77

Price/earnings to growth

DPS: 0.86

Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares.

DY: 0.0427

Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price.

EPS: -0.3

EPS shows how much of the net profit is accounted for by the common share.

Quarterly Earnings Growth YOY: -0.828
Quarterly Revenue Growth YOY: -0.09
Trailing PE: -

Trailing P/E depends on what has already been done. It uses the current share price and divides it by the total earnings per share for the last 12 months.

Forward PE: 9.15

Forward P/E uses projections of future earnings instead of final numbers.

EV To Revenue: 2.717

Enterprise Value (EV) /Revenue

EV To EBITDA: 16.21

The EV / EBITDA ratio shows the ratio of the cost (EV) to its profit before tax, interest and amortization (EBITDA).

Shares Outstanding: 42730500

Number of issued ordinary shares

Shares Float: N/A

Number of freely tradable shares

Shares Short Prior Month: N/A

Shares Short Prior Month - the number of shares in short positions in the last month.

Short Ratio: N/A
Percent Insiders: N/A
Percent Institutions: N/A

Genco Shipping & Trading (GNK) stock dividend

Genco Shipping & Trading last paid dividends on 03/05/2024. The next scheduled payment will be on 03/13/2024. The amount of dividends is $0.86 per share. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. As soon as information becomes available, we will immediately update the data. Bookmark our portal to stay updated.

Last Split Factor:

Last Split Date: 01/01/1970

Splitting of shares is an increase in the number of securities of the issuing company circulating on the market due to a decrease in their value at constant capitalization.

For example, a 5: 1 ratio means that the value of one share will decrease 5 times, the total amount will increase 5 times. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands.




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Disclaimer:

All forecast data on the site are provided for informational purposes of using neural forecasting tools in the financial market and are not a call to action and, moreover, are not trading signals. When using the forecast data, the investor assumes all financial risks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market as a result of using the information contained on the site.