Genco Shipping & Trading (NYSE:GNK) Upgraded to Strong-Buy at Zacks Research

Genco Shipping & Trading (NYSE:GNK) was upgraded by investment analysts at Zacks Research from a “hold” rating to a “strong-buy” rating in a report released on Tuesday,Zacks.com reports.

Several other equities analysts also recently weighed in on GNK. Weiss Ratings reissued a “hold (c-)” rating on shares of Genco Shipping & Trading in a research report on Monday, December 29th. Wall Street Zen cut shares of Genco Shipping & Trading from a “hold” rating to a “sell” rating in a research report on Sunday, December 14th. Three analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating and two have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $21.00.

Genco Shipping & Trading Stock Performance

Genco Shipping & Trading stock opened at $23.35 on Tuesday. The company’s 50-day moving average price is $19.72 and its 200-day moving average price is $18.18. The company has a quick ratio of 1.98, a current ratio of 2.36 and a debt-to-equity ratio of 0.18. The company has a market cap 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. Genco Shipping & Trading has a twelve month low of $11.20 and a twelve month high of $23.68.

Genco Shipping & Trading (NYSE:GNK) last released its quarterly earnings results on Tuesday, February 17th. The shipping company reported $0.39 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 company had revenue of $109.92 million during the quarter, compared to analyst estimates of $78.52 million. During the same quarter last year, the business posted $0.29 earnings per share. The firm’s revenue was up 10.8% on a year-over-year basis. On average, equities research analysts forecast that Genco Shipping & Trading will post 0.48 EPS for the current fiscal year.

Insider Activity at Genco Shipping & Trading

In other Genco Shipping & Trading news, CAO Joseph Adamo sold 3,227 shares of the company’s stock in a transaction dated Wednesday, February 18th. The shares were sold at an average price of $23.27, for a total value of $75,092.29. Following the transaction, the chief accounting officer directly owned 30,772 shares in the company, valued at $716,064.44. This represents a 9.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Peter George Allen sold 6,232 shares of Genco Shipping & Trading stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $23.27, for a total transaction of $145,018.64. Following the sale, the chief financial officer directly owned 52,002 shares of the company’s stock, valued at $1,210,086.54. This represents a 10.70% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 17,719 shares of company stock worth $412,321 in the last 90 days. 2.37% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Genco Shipping & Trading

Several institutional investors have recently made changes to their positions in the company. PNC Financial Services Group Inc. lifted its stake in Genco Shipping & Trading by 82.2% in the second quarter. PNC Financial Services Group Inc. now owns 1,942 shares of the shipping company’s stock worth $25,000 after acquiring an additional 876 shares during the period. Atlantic Union Bankshares Corp purchased a new stake in shares of Genco Shipping & Trading in the 3rd quarter worth approximately $30,000. Advisory Services Network LLC bought a new position in shares of Genco Shipping & Trading during the third quarter valued at approximately $30,000. Strengthening Families & Communities LLC purchased a new position in shares of Genco Shipping & Trading in the 4th quarter valued at $31,000. Finally, Kemnay Advisory Services Inc. purchased a new stake in shares of Genco Shipping & Trading during the 4th quarter worth $32,000. Hedge funds and other institutional investors own 58.62% of the company’s stock.

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

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.