Genco Shipping & Trading Ltd
(NYSE:GNK)
The dividend Ex-Date was 7 days ago
$15.005
-0.165[-1.09%]
Last update: 11:50AM (Delayed 15-Minutes)
Get Real Time Here
$15.20
0.1950[1.30%]
Open15.200Close-
Vol / Avg.126.685K / 644.885KMkt Cap638.293M
Day Range15.000 - 15.20052 Wk Range12.390 - 19.842

Genco Shipping & Trading Stock (NYSE:GNK), Analyst Ratings, Price Targets, Predictions

Analysts publish ratings and price targets on most stocks. Benzinga tracks 120 analyst firms so investors can understand if analysts expect a stock to trade higher or lower. Ratings are directional and typically buy, sell or hold. Price Targets are an analyst's best guess at where the stock will trade in 12 months.

Consensus Rating1

Buy

Highest Price Target1

$30.00

Lowest Price Target1

$18.00

Consensus Price Target1

$22.14

Analyst Rating Summary1

BuyOverweightHoldUnderweightSell
70000

Analyst Firms Making Recommendations1

  • Stifel
  • Jefferies
  • B. Riley Securities
  • Alliance Global Partners
  • BTIG

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Genco Shipping & Trading

All Ratings (23)

Upgrades (0)

Downgrades (0)

Initiations (5)

date
▲▼
ticker
▲▼
Buy Now
Company
▲▼
Current price
▲▼
Upside/Downside
▲▼
Analyst Firm
▲▼
Analyst & % Accurate
▲▼
Price Target Change
▲▼
Rating Change
▲▼
Previous / Current Rating
▲▼
Get Alert
10/19/2023GNKBuy Now
Genco Shipping & Trading
$15.0146.62%Stifel
Benjamin Nolan
$23 → $22MaintainsBuyGet Alert
09/13/2021GNKBuy Now
Genco Shipping & Trading
$15.01—BTIG
Gregory Lewis
—Initiates → BuyGet Alert
02/24/2022GNKBuy Now
Genco Shipping & Trading
$15.0173.28%BTIG
Gregory Lewis
→ $26MaintainsBuyGet Alert
05/06/2022GNKBuy Now
Genco Shipping & Trading
$15.0186.6%BTIG
Gregory Lewis
→ $28MaintainsBuyGet Alert
11/10/2022GNKBuy Now
Genco Shipping & Trading
$15.0146.62%BTIG
Gregory Lewis
$28 → $22MaintainsBuyGet Alert
02/23/2023GNKBuy Now
Genco Shipping & Trading
$15.0146.62%BTIG
Gregory Lewis
$22 → $22MaintainsBuyGet Alert
07/21/2023GNKBuy Now
Genco Shipping & Trading
$15.0133.29%BTIG
Gregory Lewis
$22 → $20MaintainsBuyGet Alert
07/19/2023GNKBuy Now
Genco Shipping & Trading
$15.0153.28%Stifel
Benjamin Nolan
$24 → $23MaintainsBuyGet Alert
06/06/2023GNKBuy Now
Genco Shipping & Trading
$15.0119.96%Jefferies
Omar Nokta
$20 → $18MaintainsBuyGet Alert
04/25/2023GNKBuy Now
Genco Shipping & Trading
$15.0159.95%Stifel
Benjamin Nolan
$23 → $24MaintainsBuyGet Alert
02/23/2023GNKBuy Now
Genco Shipping & Trading
$15.0133.29%Jefferies
Omar Nokta
→ $20Reiterates → BuyGet Alert
10/10/2022GNKBuy Now
Genco Shipping & Trading
$15.0179.94%B. Riley Securities
Liam Burke
$31 → $27MaintainsBuyGet Alert
09/30/2022GNKBuy Now
Genco Shipping & Trading
$15.0133.29%Stifel
Benjamin Nolan
→ $20Initiates → BuyGet Alert
09/26/2022GNKBuy Now
Genco Shipping & Trading
$15.0133.29%Jefferies
Omar Nokta
$25 → $20MaintainsBuyGet Alert
08/03/2022GNKBuy Now
Genco Shipping & Trading
$15.0193.27%Alliance Global Partners
Poe Fratt
→ $29Initiates → BuyGet Alert
07/21/2022GNKBuy Now
Genco Shipping & Trading
$15.0166.61%Jefferies
Omar Nokta
→ $25Initiates → BuyGet Alert
Q

What is the target price for Genco Shipping & Trading (GNK)?

A

The latest price target for Genco Shipping & Trading (NYSE: GNK) was reported by Stifel on October 19, 2023. The analyst firm set a price target for $22.00 expecting GNK to rise to within 12 months (a possible 46.62% upside). 7 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Genco Shipping & Trading (GNK)?

A

The latest analyst rating for Genco Shipping & Trading (NYSE: GNK) was provided by Stifel, and Genco Shipping & Trading maintained their buy rating.

Q

When is the next analyst rating going to be posted or updated for Genco Shipping & Trading (GNK)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Genco Shipping & Trading, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Genco Shipping & Trading was filed on October 19, 2023 so you should expect the next rating to be made available sometime around October 19, 2024.

Q

Is the Analyst Rating Genco Shipping & Trading (GNK) correct?

A

While ratings are subjective and will change, the latest Genco Shipping & Trading (GNK) rating was a maintained with a price target of $23.00 to $22.00. The current price Genco Shipping & Trading (GNK) is trading at is $15.01, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.