Last 7 days
1.5%
Last 30 days
14.4%
Last 90 days
30.8%
Trailing 12 Months
67.4%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2024 | 406.9M | 0 | 0 | 0 |
2023 | 495.1M | 447.9M | 395.3M | 383.8M |
2022 | 595.8M | 612.5M | 593.2M | 536.9M |
2021 | 344.8M | 391.6M | 459.3M | 547.1M |
2020 | 394.4M | 385.0M | 368.8M | 355.6M |
2019 | 384.1M | 381.5M | 393.0M | 389.5M |
2018 | 248.4M | 289.2M | 330.3M | 367.5M |
2017 | 152.9M | 166.4M | 178.7M | 209.7M |
2016 | 140.5M | 137.8M | 126.7M | 135.6M |
2015 | 186.4M | 168.6M | 173.9M | 154.0M |
2014 | 251.0M | 257.6M | 242.8M | 215.9M |
2013 | 207.1M | 189.9M | 194.9M | 227.5M |
2012 | 350.6M | 314.2M | 274.3M | 226.5M |
2011 | 455.4M | 449.4M | 425.7M | 392.2M |
2010 | 377.6M | 389.2M | 414.3M | 448.7M |
2009 | 0 | 396.8M | 388.1M | 379.5M |
2008 | 0 | 0 | 0 | 405.4M |
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
May 09, 2024 | regan arthur l | acquired | - | - | 6,143 | - |
Feb 29, 2024 | adamo joseph | acquired | 28,484 | 8.34597 | 3,413 | chief accounting officer |
Feb 29, 2024 | adamo joseph | sold | -28,478 | 20.4 | -1,396 | chief accounting officer |
Feb 23, 2024 | adamo joseph | sold | -119,245 | 19.8741 | -6,000 | chief accounting officer |
Feb 23, 2024 | wobensmith john c | acquired | - | - | 71,320 | ceo, president, and secretary |
Feb 23, 2024 | allen peter george | sold | -139,283 | 19.7957 | -7,036 | chief financial officer |
Feb 23, 2024 | wobensmith john c | sold | -706,014 | 19.7985 | -35,660 | ceo, president, and secretary |
Feb 23, 2024 | christensen jesper | sold | -245,636 | 19.803 | -12,404 | chief commercial officer |
Feb 23, 2024 | christensen jesper | acquired | - | - | 25,841 | chief commercial officer |
Feb 23, 2024 | adamo joseph | acquired | - | - | 12,216 | chief accounting officer |
Which funds bought or sold GNK recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
May 16, 2024 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -9.3 | 82,768 | 825,154 | -% |
May 16, 2024 | Tidal Investments LLC | added | 18.4 | 124,737 | 401,375 | 0.01% |
May 16, 2024 | JANE STREET GROUP, LLC | reduced | -76.15 | -1,021,710 | 421,868 | -% |
May 16, 2024 | Ancora Advisors LLC | unchanged | - | 299,155 | 1,626,160 | 0.04% |
May 15, 2024 | Tower Research Capital LLC (TRC) | reduced | -53.1 | -73,782 | 99,699 | -% |
May 15, 2024 | PUBLIC EMPLOYEES RETIREMENT SYSTEM OF OHIO | added | 16.25 | 5,853 | 19,639 | -% |
May 15, 2024 | TWO SIGMA ADVISERS, LP | added | 387 | 5,496,260 | 6,601,150 | 0.01% |
May 15, 2024 | ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | reduced | -88.7 | -3,217,000 | 517,000 | -% |
May 15, 2024 | MILLENNIUM MANAGEMENT LLC | reduced | -10.2 | 55,964 | 612,990 | -% |
May 15, 2024 | Quarry LP | sold off | -100 | -3,368 | - | -% |
Unveiling Genco Shipping & Trading Ltd's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Date Filed | Form Type | Document | |
---|---|---|---|
Genco Shipping & Trading Ltd News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Revenue | 1.7% | 117 | 116 | 83.00 | 91.00 | 94.00 | 127 | 136 | 138 | 136 | 183 | 155 | 121 | 88.00 | 95.00 | 88.00 | 74.00 | 98.00 | 109 | 104 | 84.00 | 93.00 |
Costs and Expenses | -12.1% | 95.00 | 108 | 114 | 78.00 | 90.00 | 96.00 | 91.00 | 89.00 | 94.00 | 90.00 | 90.00 | 85.00 | 81.00 | 157 | 103 | 87.00 | 212 | 101 | 112 | 111 | 94.00 |
S&GA Expenses | -100.0% | - | 7.00 | 7.00 | 7.00 | 8.00 | 7.00 | 6.00 | 6.00 | 6.00 | 7.00 | 6.00 | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 6.00 | 6.00 | 6.00 | 6.00 | 6.00 |
EBITDA Margin | -2.2% | 0.23* | 0.24* | 0.23* | 0.20* | 0.17* | 0.16* | 0.14* | 0.14* | 0.14* | 0.16* | 0.20* | 0.24* | - | - | - | - | - | - | - | - | - |
Interest Expenses | 54.1% | 4.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 4.00 | 4.00 | 5.00 | 5.00 | 5.00 | 5.00 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 |
Earnings Before Taxes | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -7.80 |
EBT Margin | -5.7% | 0.04* | 0.04* | 0.04* | 0.03* | 0.03* | 0.03* | 0.03* | 0.02* | 0.03* | 0.03* | 0.03* | 0.04* | - | - | - | - | - | - | - | - | - |
Net Income | 288.7% | 19.00 | 5.00 | -32.00 | 12.00 | 3.00 | 28.00 | 41.00 | 48.00 | 42.00 | 91.00 | 57.00 | 32.00 | 2.00 | -65.92 | -21.10 | -18.20 | -120 | 1.00 | -14.59 | -34.48 | -7.80 |
Net Income Margin | 123.4% | 0.01* | -0.03* | 0.03* | 0.19* | 0.24* | 0.30* | 0.37* | 0.39* | 0.37* | 0.33* | 0.05* | -0.14* | - | - | - | - | - | - | - | - | - |
Free Cashflow | -18.1% | 32.00 | 39.00 | 13.00 | 19.00 | 18.00 | 35.00 | 53.00 | 46.00 | 51.00 | 95.00 | 72.00 | 49.00 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Assets | -2.1% | 1,118 | 1,142 | 1,095 | 1,135 | 1,144 | 1,174 | 1,206 | 1,186 | 1,168 | 1,203 | 1,177 | 1,182 | 1,180 | 1,233 | 1,318 | 1,355 | 1,381 | 1,529 | 1,562 | 1,564 | 1,606 |
Current Assets | -7.1% | 146 | 157 | 112 | 111 | 107 | 125 | 146 | 120 | 105 | 175 | 142 | 220 | 228 | 247 | 222 | 211 | 228 | 223 | 241 | 219 | 250 |
Cash Equivalents | 4.6% | 49.00 | 47.00 | 46.00 | 48.00 | 44.00 | 58.00 | 71.00 | 51.00 | 49.00 | 121 | 80.00 | 161 | 164 | 180 | 161 | 143 | 150 | 162 | 166 | 165 | 193 |
Inventory | 14.5% | 31.00 | 27.00 | 28.00 | 23.00 | 25.00 | 22.00 | 32.00 | 32.00 | 23.00 | 25.00 | 24.00 | 26.00 | 24.00 | 22.00 | 21.00 | 23.00 | 29.00 | 27.00 | 23.00 | 29.00 | 31.00 |
Net PPE | 2.0% | 7.00 | 7.00 | 7.00 | 8.00 | 8.00 | 9.00 | 8.00 | 8.00 | 8.00 | 7.00 | 6.00 | 6.00 | 6.00 | 6.00 | 8.00 | 7.00 | 6.00 | 6.00 | 5.00 | 4.00 | 3.00 |
Liabilities | -11.5% | 201 | 227 | 179 | 180 | 194 | 206 | 233 | 236 | 233 | 286 | 346 | 405 | 434 | 488 | 506 | 522 | 530 | 550 | 564 | 552 | 560 |
Current Liabilities | 11.4% | 39.00 | 35.00 | 36.00 | 29.00 | 34.00 | 37.00 | 55.00 | 49.00 | 38.00 | 42.00 | 43.00 | 94.00 | 99.00 | 114 | 114 | 110 | 117 | 128 | 119 | 109 | 101 |
Long Term Debt | -15.5% | 161 | 190 | 140 | 148 | 157 | 165 | 173 | 182 | 190 | 238 | 297 | 304 | 327 | 359 | 384 | 403 | 404 | 413 | 434 | 433 | 449 |
LT Debt, Current | - | - | - | - | - | - | - | - | - | - | - | - | 56.00 | 65.00 | 81.00 | 81.00 | 80.00 | 73.00 | 70.00 | 70.00 | 66.00 | 70.00 |
LT Debt, Non Current | -100.0% | - | 190 | 140 | 148 | 157 | 165 | 173 | 182 | 190 | 238 | 297 | 304 | 327 | 359 | 384 | 403 | 404 | 413 | 434 | 433 | 449 |
Shareholder's Equity | 0.4% | 917 | 913 | 915 | 955 | 950 | 967 | 973 | 950 | 934 | 917 | 831 | 777 | 747 | 745 | 811 | 833 | 851 | 978 | 998 | 1,012 | 1,046 |
Retained Earnings | 2.9% | -622 | -641 | -646 | -614 | -625 | -628 | -656 | -697 | -745 | -786 | -877 | -934 | -966 | -968 | -902 | -881 | -863 | -743 | -744 | -729 | -695 |
Additional Paid-In Capital | -1.1% | 1,537 | 1,553 | 1,559 | 1,564 | 1,569 | 1,589 | 1,621 | 1,642 | 1,674 | 1,702 | 1,708 | 1,712 | 1,713 | 1,713 | 1,714 | 1,714 | 1,714 | 1,721 | 1,742 | 1,741 | 1,741 |
Accumulated Depreciation | 0.9% | 8.00 | 8.00 | 7.00 | 8.00 | 7.00 | 6.00 | 6.00 | 5.00 | 5.00 | 4.00 | 4.00 | 3.00 | 3.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 2.00 | 1.00 |
Shares Outstanding | 0.5% | 43.00 | 43.00 | 43.00 | 43.00 | 43.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | 42.00 | - | - | - | - | - | - | - | - | - |
Minority Interest | 10.4% | 2.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 1.00 | 0.00 | 0.00 | - | - | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | 588 | - | - | - | 720 | - | - | - | 672 | - | - | - | 109 | - | - | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2024Q1 | 2023Q4 | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 |
Cashflow From Operations | -18.6% | 32,251 | 39,618 | 13,218 | 19,382 | 19,566 | 35,875 | 54,289 | 46,604 | 52,555 | 96,132 | 72,435 | 49,058 | 13,494 | 20,881 | 24,992 | -4,939 | -4,038 | 30,768 | 13,935 | 3,211 | 11,612 |
Share Based Compensation | 2.0% | 1,382 | 1,355 | 1,397 | 1,219 | 1,559 | 886 | 840 | 826 | 690 | 597 | 597 | 551 | 522 | 535 | 534 | 476 | 481 | 461 | 575 | 569 | 452 |
Cashflow From Investing | 119.8% | 17,494 | -88,331 | 238 | -678 | -2,853 | -1,500 | -3,535 | -3,015 | -46,965 | 9,729 | -81,458 | -15,794 | 19,950 | 25,112 | 12,947 | -6,197 | 5,577 | 8,948 | -18,100 | -9,575 | -4,122 |
Cashflow From Financing | -210.5% | -47,923 | 43,353 | -15,131 | -15,209 | -30,416 | -41,765 | -29,891 | -42,033 | -77,050 | -65,817 | -71,691 | -36,088 | -49,098 | -27,089 | -20,056 | 4,520 | -14,280 | -43,658 | 4,920 | -21,175 | -17,276 |
Dividend Payments | 179.3% | 17,885 | 6,404 | 6,381 | 6,459 | 21,666 | 33,015 | 21,141 | 33,283 | 28,289 | 6,288 | 4,192 | 2,095 | 888 | 884 | 837 | 836 | 7,290 | - | - | - | - |
Condensed Consolidated Statements of Operations - USD ($) $ in Thousands | 3 Months Ended | |
---|---|---|
Mar. 31, 2024 | Mar. 31, 2023 | |
Revenues: | ||
Total revenues | $ 117,435 | $ 94,391 |
Operating expenses: | ||
Voyage expenses | 37,200 | 37,435 |
Vessel operating expenses | 25,932 | 24,393 |
Charter hire expenses | 3,510 | 3,664 |
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,382 and $1,559, respectively) | 7,664 | 7,750 |
Technical management expenses | 1,031 | 762 |
Depreciation and amortization | 17,223 | 15,944 |
Loss on sale of vessels | 978 | |
Other operating expense | 1,804 | |
Total operating expenses | 95,342 | 89,948 |
Operating income | 22,093 | 4,443 |
Other income (expense): | ||
Other income (expense) | 66 | (324) |
Interest income | 824 | 770 |
Interest expense | (4,040) | (2,029) |
Other expense, net | (3,150) | (1,583) |
Net income | 18,943 | 2,860 |
Less: Net income attributable to noncontrolling interest | 145 | 226 |
Net income attributable to Genco Shipping & Trading Limited | $ 18,798 | $ 2,634 |
Earnings per share-basic | $ 0.44 | $ 0.06 |
Earnings per share-diluted | $ 0.43 | $ 0.06 |
Weighted average common shares outstanding-basic | 42,918,248 | 42,632,059 |
Weighted average common shares outstanding-diluted | 43,606,580 | 43,097,362 |
Voyage revenues | ||
Revenues: | ||
Total revenues | $ 117,435 | $ 94,391 |
Condensed Consolidated Balance Sheets - USD ($) $ in Thousands | Mar. 31, 2024 | Dec. 31, 2023 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 48,364 | $ 46,542 |
Due from charterers, net of a reserve of $2,299 and $3,257, respectively | 21,888 | 17,815 |
Prepaid expenses and other current assets | 9,076 | 10,154 |
Inventories | 30,638 | 26,749 |
Vessels held for sale | 36,218 | 55,440 |
Total current assets | 146,184 | 157,272 |
Noncurrent assets: | ||
Vessels, net of accumulated depreciation of $308,626 and $296,452, respectively | 934,572 | 945,114 |
Deferred drydock, net of accumulated amortization of $27,480 and $23,047 respectively | 27,264 | 29,502 |
Fixed assets, net of accumulated depreciation and amortization of $8,134 and $8,063, respectively | 7,211 | 7,071 |
Operating lease right-of-use assets | 2,260 | 2,628 |
Restricted cash | 315 | 315 |
Total noncurrent assets | 971,622 | 984,630 |
Total assets | 1,117,806 | 1,141,902 |
Current liabilities: | ||
Accounts payable and accrued expenses | 31,296 | 24,245 |
Deferred revenue | 5,679 | 8,746 |
Current operating lease liabilities | 2,325 | 2,295 |
Total current liabilities: | 39,300 | 35,286 |
Noncurrent liabilities: | ||
Long-term operating lease liabilities | 1,208 | 1,801 |
Long-term debt, net of deferred financing costs of $9,332 and $9,831, respectively | 160,668 | 190,169 |
Total noncurrent liabilities | 161,876 | 191,970 |
Total liabilities | 201,176 | 227,256 |
Commitments and contingencies (Note 14) | ||
Equity: | ||
Common stock, par value $0.01; 500,000,000 shares authorized; 42,751,752 and 42,546,959 shares issued and outstanding as of March 31, 2024 and December 31, 2023, respectively | 427 | 425 |
Additional paid-in capital | 1,536,987 | 1,553,421 |
Accumulated other comprehensive income | 527 | |
Accumulated deficit | (622,319) | (641,117) |
Total Genco Shipping & Trading Limited shareholders' equity | 915,095 | 913,256 |
Noncontrolling interest | 1,535 | 1,390 |
Total equity | 916,630 | 914,646 |
Total liabilities and equity | $ 1,117,806 | 1,141,902 |
Interest rate caps | ||
Current assets: | ||
Fair value of derivative instruments | $ 572 |