Genco Shipping & Trading (NYSE:GNK) Announces Quarterly Earnings Results, Beats Estimates By $0.04 EPS

Genco Shipping & Trading (NYSE:GNK) announced its quarterly earnings results on Tuesday. The shipping company reported $0.39 earnings per share for the quarter, beating analysts’ consensus estimates of $0.35 by $0.04, Zacks reports. Genco Shipping & Trading had a negative net margin of 1.28% and a negative return on equity of 0.12%. The firm had revenue of $109.92 million for the quarter, compared to analysts’ expectations of $78.52 million. During the same period in the previous year, the company posted $0.29 earnings per share. Genco Shipping & Trading’s revenue was up 10.8% compared to the same quarter last year.

Genco Shipping & Trading Trading Up 3.6%

NYSE:GNK opened at $23.35 on Thursday. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of -212.21, a price-to-earnings-growth ratio of 6.08 and a beta of 1.21. Genco Shipping & Trading has a one year low of $11.20 and a one year high of $23.68. The company has a debt-to-equity ratio of 0.18, a quick ratio of 1.98 and a current ratio of 2.36. The business’s 50-day simple moving average is $19.72 and its 200 day simple moving average is $18.18.

Genco Shipping & Trading Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 11th will be paid a $0.50 dividend. This represents a $2.00 annualized dividend and a dividend yield of 8.6%. This is a positive change from Genco Shipping & Trading’s previous quarterly dividend of $0.15. The ex-dividend date is Wednesday, March 11th. Genco Shipping & Trading’s payout ratio is presently -352.94%.

Insiders Place Their Bets

In related news, CAO Joseph Adamo sold 3,227 shares of Genco Shipping & Trading stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.27, for a total value of $75,092.29. Following the completion of the sale, the chief accounting officer owned 30,772 shares in the company, valued at approximately $716,064.44. The trade was a 9.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Jesper Christensen sold 8,260 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.27, for a total transaction of $192,210.20. Following the transaction, the insider owned 78,311 shares in the company, valued at $1,822,296.97. This trade represents a 9.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 17,719 shares of company stock worth $412,321 in the last three months. 2.37% of the stock is owned by insiders.

Institutional Investors Weigh In On Genco Shipping & Trading

Institutional investors have recently modified their holdings of the stock. Royal Bank of Canada increased its holdings in Genco Shipping & Trading by 68.2% in the first quarter. Royal Bank of Canada now owns 54,287 shares of the shipping company’s stock valued at $725,000 after buying an additional 22,007 shares during the last quarter. Amundi grew its position in shares of Genco Shipping & Trading by 29.0% in the 1st quarter. Amundi now owns 8,000 shares of the shipping company’s stock worth $101,000 after acquiring an additional 1,800 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Genco Shipping & Trading by 49.3% in the 1st quarter. AQR Capital Management LLC now owns 296,188 shares of the shipping company’s stock valued at $3,957,000 after acquiring an additional 97,766 shares during the last quarter. Dynamic Technology Lab Private Ltd increased its holdings in shares of Genco Shipping & Trading by 59.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 17,848 shares of the shipping company’s stock valued at $238,000 after acquiring an additional 6,660 shares during the last quarter. Finally, Cetera Investment Advisers raised its position in shares of Genco Shipping & Trading by 15.7% during the 2nd quarter. Cetera Investment Advisers now owns 19,983 shares of the shipping company’s stock valued at $261,000 after acquiring an additional 2,715 shares in the last quarter. Institutional investors and hedge funds own 58.62% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the stock. Weiss Ratings reissued a “hold (c-)” rating on shares of Genco Shipping & Trading in a research note on Monday, December 29th. Wall Street Zen downgraded Genco Shipping & Trading from a “hold” rating to a “sell” rating in a report on Sunday, December 14th. Alliance Global Partners cut Genco Shipping & Trading from a “buy” rating to a “neutral” rating in a research note on Thursday. Finally, Zacks Research raised Genco Shipping & Trading from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Three investment analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Buy” and a consensus price target of $21.00.

Trending Headlines about Genco Shipping & Trading

Here are the key news stories impacting Genco Shipping & Trading this week:

• Positive Sentiment: Company signals higher Q1 dividend and reports TCE (time charter equivalent) rising more than 50% year-over-year amid fleet expansion — management flagged a larger payout as shipping economics improved. Genco signals higher Q1 2026 dividend
• Positive Sentiment: Q4 results beat consensus on revenue (reported ~$109.9M vs. lower estimates) with improved margins and year-over-year revenue growth — the topline strength supports better cash generation going forward. Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Zacks upgraded GNK to a Rank #1 (Strong Buy), which can attract buy-side interest and momentum traders following the stronger results and dividend move. Upgrade to Strong Buy
• Neutral Sentiment: Market reaction: GNK has reached a new 52-week high following earnings and the dividend announcement — useful as a momentum signal but not a fundamental change. Hits New 52-Week High After Strong Earnings
• Neutral Sentiment: Full Q4 earnings call transcript and slide deck are available for deeper read-through of guidance, fleet additions and cost dynamics — worth reviewing for forward TCE and capex details. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Insider sales: several senior execs (CAO, CFO, CCO) sold sizable blocks (~3k–8k shares each) at roughly $23.27, trimming positions — raises short-term governance/insider-sentiment questions even though holdings remain material. SEC filings: Adamo Form 4 Christensen Form 4 Allen Form 4

About Genco Shipping & Trading

Genco Shipping & Trading Limited is a leading global owner and operator of drybulk vessels, providing seaborne transportation services for major commodities such as iron ore, coal, grain and fertilizers. The company’s fleet comprises Capesize, Panamax and Supramax vessels, which are chartered to a broad base of international charterers under both spot and period contracts. Genco’s focus on modern, fuel-efficient tonnage supports reliable cargo delivery across a variety of trade routes and market conditions.

In addition to vessel ownership and operation, Genco offers ship management, maintenance and technical support services designed to maximize fleet performance and safety.