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GNK Stock Forecast & Price Target

GNK Analyst Ratings

Based on 15 analyst ratings
Buy
Strong Buy 60%
Buy 7%
Hold 20%
Sell 7%
Strong Sell 7%

Bulls say

Genco Shipping & Trading Ltd is well-positioned for future growth, having recently taken delivery of a modern Cape vessel and securing a favorable 12-15 month charter, which is notably above current market rates for similar ships. The company’s strong financial standing, exemplified by a fleet value exceeding $1 billion, supports a robust outlook as dry bulk freight rates are expected to recover from seasonal lows, aided by tightening capacity in the sector. Despite the current softness in dry bulk rates, Genco’s strategic charter agreements and ability to capitalize on emerging opportunities position it to achieve healthier earnings in the coming months.

Bears say

Genco Shipping & Trading is experiencing a notable decline in market rates, with average Cape rates dropping significantly from above $30,000/day in September to an estimated $23,500/day, leading to downward revisions in earnings estimates for the fourth quarter. Despite reporting an adjusted EBITDA slightly above consensus, the company's 4Q earnings per share of $0.29 were below inflated expectations, signaling potential challenges in maintaining profitability. The projections for the first quarter anticipate a loss driven by low spot rates, with fixed daily rates for Cape and Ultra/Supra operating days considerably lower than the industry's recent averages.

GNK has been analyzed by 15 analysts, with a consensus rating of Buy. 60% of analysts recommend a Strong Buy, 7% recommend Buy, 20% suggest Holding, 7% advise Selling, and 7% predict a Strong Sell.

This aggregate rating is based on analysts' research of Genco Shipping & Trading and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Genco Shipping & Trading (GNK) Forecast

Analysts have given GNK a Buy based on their latest research and market trends.

According to 15 analysts, GNK has a Buy consensus rating as of Jun 16, 2025. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $16.29, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $16.29, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Genco Shipping & Trading (GNK)


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