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

Genco Shipping & Trading (NYSE:GNK) is expected to be releasing its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect Genco Shipping & Trading to announce earnings of $0.9010 per share and revenue of $104.88 million for the quarter. Individuals are encouraged to explore the company’s upcoming Q3 2026 earnings report page for the latest details on the call scheduled for Thursday, November 5, 2026 at 8:30 AM ET.

Genco Shipping & Trading (NYSE:GNK) last posted its quarterly earnings data on Wednesday, August 5th. The shipping company reported $0.65 earnings per share for the quarter, beating analysts’ consensus estimates of $0.60 by $0.05. Genco Shipping & Trading had a return on equity of 6.46% and a net margin of 9.15%. The company had revenue of $136.41 million during the quarter, compared to analyst estimates of $90.59 million. During the same quarter last year, the company earned ($0.16) EPS. The firm’s revenue for the quarter was up 68.5% on a year-over-year basis. On average, analysts expect Genco Shipping & Trading to post $2.22 EPS for the current fiscal year and $1.19 EPS for the next fiscal year.

Genco Shipping & Trading Stock Down 5.7%

GNK stock opened at $24.69 on Tuesday. The business has a 50 day moving average of $26.44 and a 200 day moving average of $24.33. The firm has a market cap of $1.08 billion, a PE ratio of 19.87, a price-to-earnings-growth ratio of 3.00 and a beta of 0.96. Genco Shipping & Trading has a twelve month low of $15.58 and a twelve month high of $28.42. The company has a quick ratio of 2.41, a current ratio of 2.97 and a debt-to-equity ratio of 0.36.

Analyst Upgrades and Downgrades

GNK has been the topic of a number of recent research reports. B. Riley Financial reissued a “buy” rating on shares of Genco Shipping & Trading in a research note on Friday, August 7th. Zacks Research downgraded Genco Shipping & Trading from a “hold” rating to a “strong sell” rating in a report on Monday, October 5th. Weiss Ratings lowered Genco Shipping & Trading from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, October 26th. Finally, BTIG Research dropped coverage on shares of Genco Shipping & Trading in a research note on Friday, September 18th. They issued a “neutral” rating on the stock. Two equities research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $29.00.

Genco Shipping & Trading Company Profile

Genco Shipping & Trading Limited (NYSE:GNK) is a drybulk shipping company that owns and operates a fleet of oceangoing vessels. The company transports essential commodities, including iron ore, grain, coal and other major and minor bulk cargoes, for customers around the world.

Genco’s fleet includes large Capesize vessels as well as Ultramax, Supramax and Handysize ships. These vessels serve different segments of the drybulk market and support the movement of raw materials used in energy production, agriculture, construction and industrial manufacturing.

Founded in 1997 and headquartered in New York, Genco serves international trade routes across major global commodity markets.