Genco Shipping & Trading (GNK) Expected to Announce Earnings on Wednesday

Genco Shipping & Trading (NYSE:GNK) is expected to post its Q2 2026 results after the market closes on Wednesday, August 5th. Analysts expect Genco Shipping & Trading to post earnings of $0.5910 per share and revenue of $89.8560 million for the quarter. Parties may visit the the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 6, 2026 at 8:30 AM ET.

Genco Shipping & Trading (NYSE:GNK) last announced its earnings results on Wednesday, May 6th. The shipping company reported $0.26 EPS for the quarter, beating analysts’ consensus estimates of $0.07 by $0.19. Genco Shipping & Trading had a net margin of 4.38% and a return on equity of 2.49%. The business had revenue of $114.43 million during the quarter, compared to analysts’ expectations of $65.73 million. During the same period in the prior year, the company earned ($0.28) earnings per share. The business’s revenue was up 60.6% compared to the same quarter last year. On average, analysts expect Genco Shipping & Trading to post $2 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Genco Shipping & Trading Price Performance

Shares of GNK opened at $25.50 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 2.41 and a current ratio of 2.98. Genco Shipping & Trading has a fifty-two week low of $15.51 and a fifty-two week high of $27.25. The firm has a 50-day simple moving average of $24.50 and a 200-day simple moving average of $23.33. The company has a market capitalization of $1.11 billion, a price-to-earnings ratio of 67.10, a price-to-earnings-growth ratio of 3.13 and a beta of 0.94.

Hedge Funds Weigh In On Genco Shipping & Trading

A number of institutional investors and hedge funds have recently made changes to their positions in GNK. Invesco Ltd. lifted its stake in shares of Genco Shipping & Trading by 0.8% in the fourth quarter. Invesco Ltd. now owns 125,535 shares of the shipping company’s stock valued at $2,314,000 after purchasing an additional 935 shares during the period. XTX Topco Ltd purchased a new stake in Genco Shipping & Trading during the fourth quarter worth about $1,070,000. Voloridge Investment Management LLC acquired a new position in Genco Shipping & Trading during the fourth quarter worth about $201,000. Millennium Management LLC grew its position in Genco Shipping & Trading by 100.3% during the fourth quarter. Millennium Management LLC now owns 543,290 shares of the shipping company’s stock worth $10,013,000 after buying an additional 272,094 shares during the period. Finally, Boothbay Fund Management LLC increased its holdings in Genco Shipping & Trading by 80.8% in the fourth quarter. Boothbay Fund Management LLC now owns 181,765 shares of the shipping company’s stock valued at $3,350,000 after buying an additional 81,235 shares in the last quarter. 58.62% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts have commented on GNK shares. Weiss Ratings raised Genco Shipping & Trading from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, May 8th. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and issued a $29.00 target price on shares of Genco Shipping & Trading in a report on Friday, May 8th. Alliance Global Partners restated a “neutral” rating on shares of Genco Shipping & Trading in a research note on Wednesday, June 17th. Finally, Zacks Research raised Genco Shipping & Trading from a “hold” rating to a “strong-buy” rating in a report on Tuesday, July 21st. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $23.67.

Genco Shipping & Trading Company Profile

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.