Genco Shipping & Trading (NYSE:GNK) Stock Rating Upgraded by Zacks Research

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

A number of other analysts also recently issued reports on the company. Wall Street Zen downgraded Genco Shipping & Trading from a “hold” rating to a “sell” rating in a research report on Sunday, December 14th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Genco Shipping & Trading in a research note on Monday, December 29th. Three research 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. According to data from MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $21.00.

Genco Shipping & Trading Trading Up 3.6%

Shares of Genco Shipping & Trading stock opened at $23.35 on Tuesday. The stock’s 50 day simple moving average is $19.72 and its 200-day simple moving average is $18.18. The stock has a market cap of $1.01 billion, a P/E ratio of -212.21, a P/E/G ratio of 6.08 and a beta of 1.21. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.36 and a quick ratio of 1.98. Genco Shipping & Trading has a 1-year low of $11.20 and a 1-year high of $23.68.

Genco Shipping & Trading (NYSE:GNK) last issued its earnings results on Tuesday, February 17th. The shipping company reported $0.39 earnings per share (EPS) for the quarter, beating 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 analysts’ expectations of $78.52 million. During the same period in the prior year, the business earned $0.29 EPS. The firm’s quarterly revenue was up 10.8% on a year-over-year basis. Analysts predict that Genco Shipping & Trading will post 0.48 EPS for the current fiscal year.

Insider Transactions at Genco Shipping & Trading

In other news, CAO Joseph Adamo sold 3,227 shares of the firm’s 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 $75,092.29. Following the transaction, the chief accounting officer directly owned 30,772 shares in the company, valued at approximately $716,064.44. This trade represents a 9.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, insider Jesper Christensen sold 8,260 shares of the company’s stock in a transaction on Wednesday, February 18th. The shares were sold at an average price of $23.27, for a total transaction of $192,210.20. Following the completion of the sale, the insider owned 78,311 shares of the company’s stock, valued at approximately $1,822,296.97. This trade represents a 9.54% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 17,719 shares of company stock worth $412,321. 2.37% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently bought and sold shares of the business. CSM Advisors LLC acquired a new stake in shares of Genco Shipping & Trading in the 2nd quarter worth $3,876,000. Millennium Management LLC raised its holdings in Genco Shipping & Trading by 100.3% during the fourth quarter. Millennium Management LLC now owns 543,290 shares of the shipping company’s stock worth $10,013,000 after purchasing an additional 272,094 shares in the last quarter. Citigroup Inc. lifted its position in Genco Shipping & Trading by 727.6% in the third quarter. Citigroup Inc. now owns 215,412 shares of the shipping company’s stock valued at $3,834,000 after purchasing an additional 189,383 shares during the period. First Trust Advisors LP boosted its holdings in Genco Shipping & Trading by 705.9% in the 3rd quarter. First Trust Advisors LP now owns 133,631 shares of the shipping company’s stock valued at $2,379,000 after purchasing an additional 117,049 shares in the last quarter. Finally, Credit Agricole S A acquired a new position in Genco Shipping & Trading during the 3rd quarter worth approximately $1,801,000. 58.62% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Genco Shipping & Trading

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

About Genco Shipping & Trading

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.