Contrasting Genco Shipping & Trading (GNK) and Its Competitors

Genco Shipping & Trading (NYSE:GNK) is one of 80 public companies in the “Marine Transportation” industry, but how does it weigh in compared to its competitors? We will compare Genco Shipping & Trading to related businesses based on the strength of its earnings, profitability, risk, valuation, institutional ownership, dividends and analyst recommendations.

Dividends

Genco Shipping & Trading pays an annual dividend of $4.20 per share and has a dividend yield of 16.1%. Genco Shipping & Trading pays out 236.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Marine Transportation” companies pay a dividend yield of 4.7% and pay out 26.9% of their earnings in the form of a dividend.

Analyst Recommendations

This is a summary of current ratings and price targets for Genco Shipping & Trading and its competitors, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Genco Shipping & Trading	1	2	2	0	2.20
Genco Shipping & Trading Competitors	447	1658	1705	94	2.37

Genco Shipping & Trading currently has a consensus target price of $29.00, indicating a potential upside of 11.41%. As a group, “Marine Transportation” companies have a potential upside of 25.72%. Given Genco Shipping & Trading’s competitors stronger consensus rating and higher probable upside, analysts clearly believe Genco Shipping & Trading has less favorable growth aspects than its competitors.

Insider & Institutional Ownership

58.6% of Genco Shipping & Trading shares are owned by institutional investors. Comparatively, 30.4% of shares of all “Marine Transportation” companies are owned by institutional investors. 2.4% of Genco Shipping & Trading shares are owned by insiders. Comparatively, 27.2% of shares of all “Marine Transportation” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Risk & Volatility

Genco Shipping & Trading has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500. Comparatively, Genco Shipping & Trading’s competitors have a beta of 1.11, meaning that their average stock price is 11% more volatile than the S&P 500.

Profitability

This table compares Genco Shipping & Trading and its competitors’ net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Genco Shipping & Trading	15.48%	10.88%	7.79%
Genco Shipping & Trading Competitors	31.40%	14.14%	6.98%

Earnings & Valuation

This table compares Genco Shipping & Trading and its competitors top-line revenue, earnings per share and valuation.

	Gross Revenue	Net Income	Price/Earnings Ratio
Genco Shipping & Trading	$512.62 million	-$4.37 million	14.62
Genco Shipping & Trading Competitors	$3.69 billion	$344.61 million	12.62

Genco Shipping & Trading’s competitors have higher revenue and earnings than Genco Shipping & Trading. Genco Shipping & Trading is trading at a higher price-to-earnings ratio than its competitors, indicating that it is currently more expensive than other companies in its industry.

Summary

Genco Shipping & Trading competitors beat Genco Shipping & Trading on 11 of the 15 factors compared.

Genco Shipping & Trading Company Profile

Genco Shipping & Trading Ltd. is an international ship owning company, which engages in the transportation of iron ore, coal, grain, bauxite, steel products, and other drybulk cargoes. It operates through the Major Bulk and Minor Bulk segments. The Major Bulk segment focuses on Capesize vessels. The Minor Bulk segment consists of Ultramax and Supramax vessels. The company was founded on September 27, 2004 and is headquartered in New York, NY.