Genco Shipping & Trading (NYSE:GNK) Insider Jesper Christensen Sells 8,260 Shares

Genco Shipping & Trading Limited (NYSE:GNK) insider Jesper Christensen sold 8,260 shares of the stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.27, for a total value of $192,210.20. Following the sale, the insider owned 78,311 shares of the company’s stock, valued at $1,822,296.97. This trade represents a 9.54% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link.

Genco Shipping & Trading Stock Up 3.6%

Shares of Genco Shipping & Trading stock opened at $23.35 on Thursday. The company has a quick ratio of 1.98, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. Genco Shipping & Trading Limited has a 12-month low of $11.20 and a 12-month high of $23.68. The firm has a market capitalization of $1.01 billion, a PE ratio of -212.21, a price-to-earnings-growth ratio of 6.08 and a beta of 1.21. The stock’s fifty day moving average is $19.72 and its 200-day moving average is $18.18.

Genco Shipping & Trading (NYSE:GNK) last posted its quarterly earnings data on Tuesday, February 17th. The shipping company reported $0.39 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.35 by $0.04. Genco Shipping & Trading had a negative return on equity of 0.12% and a negative net margin of 1.28%.The firm had revenue of $109.92 million for the quarter, compared to the consensus estimate of $78.52 million. During the same quarter in the previous year, the company earned $0.29 EPS. The business’s revenue for the quarter was up 10.8% compared to the same quarter last year. Equities analysts anticipate that Genco Shipping & Trading Limited will post 0.48 earnings per share for the current year.

Genco Shipping & Trading Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Shareholders of record on Wednesday, March 11th will be given a dividend of $0.50 per share. This represents a $2.00 annualized dividend and a yield of 8.6%. The ex-dividend date is Wednesday, March 11th. This is a positive change from Genco Shipping & Trading’s previous quarterly dividend of $0.15. Genco Shipping & Trading’s dividend payout ratio is presently -352.94%.

Wall Street Analyst Weigh In

Several analysts have recently commented on GNK shares. Zacks Research raised Genco Shipping & Trading from a “hold” rating to a “strong-buy” rating in a research report on Tuesday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genco Shipping & Trading in a research note on Monday, December 29th. Finally, Wall Street Zen lowered shares of Genco Shipping & Trading from a “hold” rating to a “sell” rating in a research report on Sunday, December 14th. Three equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Genco Shipping & Trading currently has a consensus rating of “Buy” and a consensus target price of $21.00.

Genco Shipping & Trading News Roundup

Here are the key news stories impacting Genco Shipping & Trading this week:

• Positive Sentiment: Company signals higher Q1 dividend and reports TCE (time charter equivalent) rising more than 50% year-over-year amid fleet expansion — management flagged a larger payout as shipping economics improved. Genco signals higher Q1 2026 dividend
• Positive Sentiment: Q4 results beat consensus on revenue (reported ~$109.9M vs. lower estimates) with improved margins and year-over-year revenue growth — the topline strength supports better cash generation going forward. Q4 Earnings and Revenues Surpass Estimates
• Positive Sentiment: Zacks upgraded GNK to a Rank #1 (Strong Buy), which can attract buy-side interest and momentum traders following the stronger results and dividend move. Upgrade to Strong Buy
• Neutral Sentiment: Market reaction: GNK has reached a new 52-week high following earnings and the dividend announcement — useful as a momentum signal but not a fundamental change. Hits New 52-Week High After Strong Earnings
• Neutral Sentiment: Full Q4 earnings call transcript and slide deck are available for deeper read-through of guidance, fleet additions and cost dynamics — worth reviewing for forward TCE and capex details. Q4 2025 Earnings Call Transcript
• Negative Sentiment: Insider sales: several senior execs (CAO, CFO, CCO) sold sizable blocks (~3k–8k shares each) at roughly $23.27, trimming positions — raises short-term governance/insider-sentiment questions even though holdings remain material. SEC filings: Adamo Form 4 Christensen Form 4 Allen Form 4

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of GNK. XTX Topco Ltd acquired a new stake in shares of Genco Shipping & Trading during the 4th quarter valued at about $1,070,000. Voloridge Investment Management LLC bought a new position in Genco Shipping & Trading during the fourth quarter valued at approximately $201,000. Millennium Management LLC lifted its stake in Genco Shipping & Trading by 100.3% in the fourth quarter. Millennium Management LLC now owns 543,290 shares of the shipping company’s stock valued at $10,013,000 after acquiring an additional 272,094 shares during the last quarter. Boothbay Fund Management LLC grew its position in Genco Shipping & Trading by 80.8% in the fourth quarter. Boothbay Fund Management LLC now owns 181,765 shares of the shipping company’s stock worth $3,350,000 after acquiring an additional 81,235 shares in the last quarter. Finally, ION Fund Management Ltd acquired a new position in shares of Genco Shipping & Trading during the 4th quarter worth $672,000. 58.62% of the stock is owned by institutional investors and hedge funds.

Genco Shipping & Trading Company Profile

Genco Shipping & Trading Limited is a leading global owner and operator of drybulk vessels, providing seaborne transportation services for major commodities such as iron ore, coal, grain and fertilizers. The company’s fleet comprises Capesize, Panamax and Supramax vessels, which are chartered to a broad base of international charterers under both spot and period contracts. Genco’s focus on modern, fuel-efficient tonnage supports reliable cargo delivery across a variety of trade routes and market conditions.

In addition to vessel ownership and operation, Genco offers ship management, maintenance and technical support services designed to maximize fleet performance and safety.