Risk factor
Good trading liquidity
Profitability factor
Weak growth
In Guru Portfolios
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Portfolio Weight (%)
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Data is available to registered users only | Data is available to registered users only | Data is available to registered users only | Data is available to registered users only |
Data is available to registered users only | Data is available to registered users only | Data is available to registered users only | Data is available to registered users only |
Data is available to registered users only | Data is available to registered users only | Data is available to registered users only | Data is available to registered users only |
About
Genco Shipping & Trading Limited, along with its associated companies, is a global participant in the maritime transport industry, focusing on the delivery of dry bulk commodities across the world's oceans. The firm owns and operates a fleet of dry bulk carrier vessels, which are utilized to convey various materials, including iron ore, coal, grains, steel products, and other loose bulk cargoes. These ships are predominantly leased to a range of clients such as major commodities traders, industrial producers, and state-owned organizations. As of December 31, 2021, Genco's fleet was composed of 44 dry bulk carriers, specifically featuring 17 Capesize, 15 Ultramax, and 12 Supramax vessels, collectively capable of transporting approximately 4,636,000 deadweight tons. Established in 2004, Genco Shipping & Trading Limited maintains its principal office in New York, New York.
Company Valuation
Considering past and projected metrics, the stock is moderately 'expensive' compared to its peers. In particular, the stock is reasonably priced on P/E, trading at neutra
Target Price
The average target price of GNK is 28.2 and suggests 10.5% upside potential. Usually, this means a HOLD recommendation among investment firms. This neutral recommendation