Stifel initiated coverage on Genco Shipping & Trading with a new price target
$GNK
Marine Transportation
Consumer Discretionary
Stifel initiated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $20.00
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $26.00 → $17.00 | Buy → Hold | Stifel |
| 1/5/2024 | Buy → Neutral | BTIG Research | |
| 9/30/2022 | $20.00 | Buy | Stifel |
| 8/3/2022 | $29.00 | Buy | Alliance Global Partners |
| 7/21/2022 | $25.00 | Buy | Jefferies |
| 4/27/2022 | $26.00 → $27.00 | Buy | Jefferies |
| 2/24/2022 | $25.00 → $26.00 | Buy | Jefferies |
| 9/13/2021 | $30.00 | Buy | H.C. Wainwright |
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
Stifel downgraded Genco Shipping & Trading from Buy to Hold and set a new price target of $17.00 from $26.00 previously
BTIG Research downgraded Genco Shipping & Trading from Buy to Neutral
Stifel initiated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $20.00
8-K - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
10-Q - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
SCHEDULE 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
Declares Dividend of $0.15 per share for Q2 2025Represents Genco's 24th Consecutive Quarterly Dividend Announces Acquisition of High-Specification Capesize Vessel NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and six months ended June 30, 2025. Second Quarter 2025 and Year-to-Date Highlights Dividend Declared a $0.15 per share dividend for Q2 202524th consecutive quarterly dividend Cumulative dividends of $6.915 per share or approximately 41% of our current sh
NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company's results for the second quarter of 2025 on Thursday, August 7, 2025 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the second quarter ended June 30, 2025 on Wednesday, August 6, 2025 after the close of market trading. What:Second Quarter 2025 Conference CallWhen:Thursday, August 7, 2025 at 8:30 a.m. Eastern TimeLink:https://registrations.events/direct/Q4I91061357 To access the call by phone, please regis
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has closed a $600 million revolving credit facility, amending its existing facility to provide significant capacity to pursue accretive growth opportunities among other uses. Key terms of the $600 million revolving credit facility include: Increased borrowing capacity by 50% or $200 million to $600 million in aggregateRepayment profile of 20 years with no commitment reductions until March 31, 2027 based on covenant complianceImproved pricing: margin reduc
Declares Dividend of $0.15 per share for Q2 2025Represents Genco's 24th Consecutive Quarterly Dividend Announces Acquisition of High-Specification Capesize Vessel NEW YORK, Aug. 06, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and six months ended June 30, 2025. Second Quarter 2025 and Year-to-Date Highlights Dividend Declared a $0.15 per share dividend for Q2 202524th consecutive quarterly dividend Cumulative dividends of $6.915 per share or approximately 41% of our current sh
NEW YORK, July 21, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company's results for the second quarter of 2025 on Thursday, August 7, 2025 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the second quarter ended June 30, 2025 on Wednesday, August 6, 2025 after the close of market trading. What:Second Quarter 2025 Conference CallWhen:Thursday, August 7, 2025 at 8:30 a.m. Eastern TimeLink:https://registrations.events/direct/Q4I91061357 To access the call by phone, please regis
NEW YORK, July 14, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it has closed a $600 million revolving credit facility, amending its existing facility to provide significant capacity to pursue accretive growth opportunities among other uses. Key terms of the $600 million revolving credit facility include: Increased borrowing capacity by 50% or $200 million to $600 million in aggregateRepayment profile of 20 years with no commitment reductions until March 31, 2027 based on covenant complianceImproved pricing: margin reduc
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company") the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that Genco shareholders have overwhelmingly voted at the Company's Annual Meeting to re-elect to the Company's Board of Directors all seven of Genco's highly qualified director nominees – James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan and John C. Wobensmith. At the Annual Meeting, approximately 61.4% of the total shares outstanding as of the March 28, 2024 record date were represented at the meeting. The
Sets the Record Straight on Economou's Campaign Genco Continues Executing on the Comprehensive Value Strategy It Initiated in 2021 Shareholders Should Still Get Their Votes In "FOR" the Re-Election of Genco's Seven Highly Qualified Director Nominees NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company") the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding George Economou's withdrawal of the nomination of Robert Pons for election to the Genco Board of Directors. Genco issued the following statement: We are please
Outlines Genco's Successful Comprehensive Value Strategy Reiterates Board's Unanimous Recommendation that Shareholders Vote "FOR" the Re-Election of Genco's Highly Qualified Nominees on the WHITE Proxy Card Today Advises Shareholders to Vote "WITHHOLD" Against George Economou's Nominee, Robert Pons, and Reject His Agenda NEW YORK, April 24, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced it mailed a letter to shareholders in connection with the Company's 2024 Annual Meeting of Shareholders (the "2024 Annual Meeting"), sche