Genco Shipping & Trading
(NYSE:GNK)
$22.95
0[0.00%]
At close: May 13
$22.95
0[0.00%]
After Hours: 4:18PM EDT
Q1 2024 Earnings were released on Wed May 8th, after the market close
The most recent conference call was at 8:30 AM, 5 days ago Click to view past webcast
Consensus Rating1
Buy
Highest Price Target1
$30.00
Lowest Price Target1
$23.00
Consensus Price Target1
$24.00

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

Genco Shipping & Trading Ltd has a consensus price target of $24, established from looking at the 25 latest analyst ratings. The last 3 analyst ratings were released from B. Riley Securities, Jefferies, and Stifel on May 10, 2024, May 9, 2024, and April 19, 2024. With an average price target of $26.67 between B. Riley Securities, Jefferies, and Stifel, there's an implied 16.19% upside for Genco Shipping & Trading Ltd from these 3 analyst ratings.

Analyst Trend
1
Nov 23
1
Jan
1
Apr
2
May
Buy
Hold
Sell
Strong Sell
Analyst Rating
12345
3.9
Buy
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

B. Riley Securities
Jefferies
Stifel
BTIG
Alliance Global Partners

1calculated from analyst ratings published within the last 3 years

Analyst Ratings for Genco Shipping & Trading

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ticker
Buy Now
Company
Current price
Upside/Downside
Analyst Firm
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FAQ

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 B. Riley Securities on May 10, 2024. The analyst firm set a price target for $30.00 expecting GNK to rise to within 12 months (a possible 30.72% upside). 9 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 B. Riley Securities, and Genco Shipping & Trading maintained their buy rating.

Q

When was the last upgrade for Genco Shipping & Trading (GNK)?

A

There is no last upgrade for Genco Shipping & Trading.

Q

When was the last downgrade for Genco Shipping & Trading (GNK)?

A

The last downgrade for Genco Shipping & Trading Ltd happened on January 5, 2024 when BTIG changed their price target from N/A to N/A for Genco Shipping & Trading Ltd.

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 May 10, 2024 so you should expect the next rating to be made available sometime around May 10, 2025.

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 $27.00 to $30.00. The current price Genco Shipping & Trading (GNK) is trading at is $22.95, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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