Genco Shipping & Trading Limited (GNK)

Genco Ship Management LLC • Genco Investments LLC • Genco Augustus Limited • Genco Tiberius Limited • Genco London Limited • Genco Titus Limited • Genco Constantine Limited • Genco Hadrian Limited • Genco Commodus Limited • Genco Maximus Limited ...

GNK stock data

1M 3M 6M 1Y

Analyst ratings and price targets

Last 3 months

Average target

$21.00

Low target

$17.00

High target

$25.00

Latest filings (excl ownership)

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8-K

Regulation FD Disclosure

Genco Shipping & Trading Limited Announces Q3 2024 Financial Results

6 Nov 24

S-3ASR

Automatic shelf registration

12 Jul 24

8-K/A

Departure of Directors or Certain Officers

3 Jul 24

8-K

Regulation FD Disclosure

24 May 24

8-K

Submission of Matters to a Vote of Security Holders

23 May 24

DEFA14A

Additional proxy soliciting materials

20 May 24

DEFA14A

Additional proxy soliciting materials

16 May 24

DFAN14A

Additional proxy materials by non-management

16 May 24

Transcripts

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GNK

Earnings call transcript

2024 Q3

7 Nov 24

GNK

Earnings call transcript

2024 Q2

8 Aug 24

GNK

Earnings call transcript

2024 Q1

9 May 24

GNK

Earnings call transcript

2023 Q4

22 Feb 24

GNK

Earnings call transcript

2023 Q3

9 Nov 23

GNK

Earnings call transcript

2023 Q2

4 Aug 23

GNK

Earnings call transcript

2023 Q2

4 Aug 23

GNK

Earnings call transcript

2023 Q1

4 May 23

GNK

Earnings call transcript

2022 Q4

23 Feb 23

GNK

Earnings call transcript

2022 Q3

10 Nov 22

Latest ownership filings

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Financial summary

Financial statements Chart GNK financial data

Quarter (USD)	Sep 24	Dec 23	Sep 23	Jun 23
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Annual (USD)	Dec 23	Dec 22	Dec 21	Dec 20
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Cash burn rate (est.)	Burn method: Change in cash		Burn method: Operating income		Burn method: FCF (opex + capex)
	Last Q	Avg 4Q	Last Q	Avg 4Q	Last Q	Avg 4Q
Cash on hand (at last report)	46.98 mm	46.98 mm	46.98 mm	46.98 mm	46.98 mm	46.98 mm
Cash burn (monthly)	(no burn)	284.75 k	(no burn)	(no burn)	(no burn)	(no burn)
Cash used (since last report)	n/a	794.65 k	n/a	n/a	n/a	n/a
Cash remaining	n/a	46.19 mm	n/a	n/a	n/a	n/a
Runway (months of cash)	n/a	162.2	n/a	n/a	n/a	n/a

Beta Read what these cash burn values mean

Financial data from company earnings reports.

Institutional ownership, Q3 2024

GNK institutional ownership history Ownership history

80.9% owned by funds/institutions

13F holders	Current	Prev Q	Change
Total holders	183	185	-1.1%
Opened positions	31	48	-35.4%
Closed positions	33	26	+26.9%
Increased positions	58	75	-22.7%
Reduced positions	61	37	+64.9%

13F shares	Current	Prev Q	Change
Total value	501.11 bn	553.61 bn	-9.5%
Total shares	34.39 mm	35.00 mm	-1.7%
Total puts	51.30 k	95.90 k	-46.5%
Total calls	64.00 k	133.80 k	-52.2%
Total put/call ratio	0.8	0.7	+11.8%

Largest owners	Shares	Value	Change
Centerbridge Credit Partners	4.56 mm	$80.34 mm	0.0%
BLK BlackRock	4.20 mm	$81.93 bn	NEW
Dimensional Fund Advisors	2.83 mm	$55.16 bn	-1.4%
CCP II Cayman GP	2.05 mm	$29.02 mm	0.0%
Vanguard	1.80 mm	$35.04 bn	+16.2%
American Century Companies	1.25 mm	$24.38 bn	+14.0%
STT State Street	1.19 mm	$23.21 bn	+1.0%
Townsend & Associates	1.05 mm	$16.58 bn	+2.7%
Renaissance Technologies	1.04 mm	$20.28 bn	-1.0%
Geode Capital Management	980.10 k	$19.12 bn	+1.2%

Largest transactions	Shares	Bought/sold	Change
BLK BlackRock	4.20 mm	+4.20 mm	NEW
BLK BlackRock	0.00	-3.75 mm	EXIT
Victory Capital Management	83.98 k	-844.56 k	-91.0%
Colony	818.05 k	+818.05 k	NEW
Gratus Capital	0.00	-797.10 k	EXIT
Arrowstreet Capital, Limited Partnership	110.23 k	-411.40 k	-78.9%
Elevatus Welath Management	0.00	-292.77 k	EXIT
Vanguard	1.80 mm	+250.27 k	+16.2%
Charles Schwab Investment Management	530.52 k	+219.91 k	+70.8%
MS Morgan Stanley	780.03 k	-196.30 k	-20.1%

Data from 13F filings, for the last complete 13F reporting period. For most recent data, click the ownership history button. Values as filed, not updated for current price. Long positions only.

Recent insider trades

GNK insider ownership history Insider history

Date	Owner	Security	Transaction	Code	Indirect	10b5-1	#Shares	#Remaining
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	138.27	6,028.44
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	187.06	8,155.96
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	135.1	5,890.37
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	172.8	7,534.29
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	447.16	19,496.07
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	339.37	14,796.74
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	163.7	7,137.23
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	289.09	12,604.25
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	573.63	25,010.42
25 Nov 24	Mavroleon Basil G	RSU Common Stock	Grant	Acquire A	No	No	40.06	1,746.78