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Genco Shipping & Trading (GNK) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

GNK Stock Forecast

Genco Shipping & Trading (GNK) stock forecast, based on 20 Wall Street analysts, predicts a 12-month average price target of $17.00, with a high of $17.00 and a low of $17.00. This represents a 34.92% increase from the last price of $12.60.

$12 $14 $16 $18 $20 $22 High: $17 Avg: $17 Low: $17 Last Closed Price: $12.6

GNK Stock Rating

Genco Shipping & Trading stock's rating consensus is Buy, based on 20 Wall Street analysts. The breakdown includes 0 Strong Buy (0.00%), 13 Buy (65.00%), 6 Hold (30.00%), 1 Sell (5.00%), and 0 Strong Sell (0.00%).

Buy
Total 20 0 1 6 13 Strong Sell Sell Hold Buy Strong Buy

GNK Price Target Upside V Benchmarks

TypeNameUpside
StockGenco Shipping & Trading34.92%
SectorIndustrials Stocks List135.67%
IndustryMarine Shipping Stocks List36.44%

Price Target Trends

1M3M12M
# Anlaysts--2
Avg Price Target--$19.50
Last Closing Price$12.60$12.60$12.60
Upside/Downside--54.76%
Ratings Trends
DateStrong BuyBuyHoldSellStrong SellTotal
Apr, 25153--9
Mar, 25-53--8
Feb, 25-43--7
Jan, 25-53--8
Dec, 24-53--8
Analyst Price Target Forecasts
DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 23, 2024Benjamin NolanStifel Nicolaus$17.00$16.363.91%34.92%
Sep 04, 2024Chris RobertsonDeutsche Bank$22.00$17.0429.11%74.60%
Mar 28, 2023Benjamin NolanStifel Nicolaus$20.00$15.3230.55%58.73%
Mar 13, 2023Omar NoktaJefferies$20.00$16.3522.32%58.73%
May 05, 2022Jefferies$29.00$23.2824.57%130.16%
Analyst Rating Forecasts
DateCompanyPrevious RatingNew RatingRating Change
Sep 23, 2024JefferiesBuyBuyhold
Sep 04, 2024Deutsche BankBuyinitialise
Aug 26, 2024JefferiesBuyBuyhold
Jul 01, 2024Alliance Global PartnersBuyBuyhold
Apr 26, 2023JefferiesBuyBuyhold
Mar 28, 2023B. Riley SecuritiesBuyBuyhold
Mar 13, 2023JefferiesBuyBuyhold
Sep 26, 2022JefferiesBuyBuyhold
Feb 24, 2022JefferiesBuyBuyhold

Financial Forecast

EPS Forecast

$-500 $0 $500 $1K $2K $2K Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-5.90$4.33$3.74$-0.30$1.77K---
Avg Forecast$-0.49$4.20$3.69$0.66$1.72$1.65$1.99$1.80
High Forecast$-0.46$4.38$4.03$0.71$1.86$1.98$2.98$1.95
Low Forecast$-0.51$3.95$3.48$0.55$1.71$1.42$0.37$1.70
Surprise %1104.08%3.10%1.36%-145.45%103069.77%---

Revenue Forecast

$0 $90B $180B $270B $360B $450B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$355.56M$547.13M$536.93M$383.82M$423.02B---
Avg Forecast$187.31M$376.25M$370.82M$237.62M$295.31M$285.88M$304.45M$281.61M
High Forecast$193.65M$388.99M$397.49M$238.87M$305.25M$315.89M$324.26M$299.94M
Low Forecast$178.80M$359.17M$354.77M$236.07M$289.69M$266.38M$291.89M$269.99M
Surprise %89.83%45.41%44.79%61.53%143143.67%---

Net Income Forecast

$-5B $12B $29B $46B $63B $80B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-247.13M$182.01M$158.58M$-12.87M$76.40B---
Avg Forecast$-253.75M$174.09M$246.27M$-12.87M$76.31M$72.31M$62.10M$76.86M
High Forecast$-203.00M$208.90M$295.53M$-10.30M$79.63M$84.65M$127.62M$83.36M
Low Forecast$-304.50M$139.27M$197.02M$-15.44M$73.00M$60.83M$15.76M$72.74M
Surprise %-2.61%4.55%-35.61%-100017.87%---

GNK Forecast FAQ

Is Genco Shipping & Trading stock a buy?

Genco Shipping & Trading stock has a consensus rating of Buy, based on 20 Wall Street analysts. The rating breakdown includes 0 Strong Buy, 13 Buy, 6 Hold, 1 Sell, and 0 Strong Sell, reflecting a consensus that Genco Shipping & Trading is a favorable investment for most analysts.

What is Genco Shipping & Trading's price target?

Genco Shipping & Trading's price target, set by 20 Wall Street analysts, averages $17 over the next 12 months. The price target range spans from $17 at the low end to $17 at the high end, suggesting a potential 34.92% change from the previous closing price of $12.6.

How does Genco Shipping & Trading stock forecast compare to its benchmarks?

Genco Shipping & Trading's stock forecast shows a 34.92% upside, underperforming the average forecast for the industrials stocks list sector (135.67%) and underperforming the marine shipping stocks list industry (36.44%).

What is the breakdown of analyst ratings for Genco Shipping & Trading over the past three months?

  • April 2025: 11.11% Strong Buy, 55.56% Buy, 33.33% Hold, 0% Sell, 0% Strong Sell.
  • March 2025: 0% Strong Buy, 62.50% Buy, 37.50% Hold, 0% Sell, 0% Strong Sell.
  • February 2025: 0% Strong Buy, 57.14% Buy, 42.86% Hold, 0% Sell, 0% Strong Sell.

What is Genco Shipping & Trading’s EPS forecast?

Genco Shipping & Trading's average annual EPS forecast for its fiscal year ending in December 2025 is $1.65, marking a -99.91% decrease from the reported $1.77K in 2024. Estimates for the following years are $1.99 in 2026, and $1.8 in 2027.

What is Genco Shipping & Trading’s revenue forecast?

Genco Shipping & Trading's average annual revenue forecast for its fiscal year ending in December 2025 is $285.88M, reflecting a -99.93% decrease from the reported $423.02B in 2024. The forecast for 2026 is $304.45M, and $281.61M for 2027.

What is Genco Shipping & Trading’s net income forecast?

Genco Shipping & Trading's net income forecast for the fiscal year ending in December 2025 stands at $72.31M, representing a -99.91% decrease from the reported $76.4B in 2024. Projections indicate $62.1M in 2026, and $76.86M in 2027.