Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company, through the ownership and operation of dry bulk carrier vessels, transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of February 24, 2021, the company fleet consisted of 17 Capesize, 9 Ultramax, and 15 Supramax with an aggregate capacity of approximately 4,421,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.
IPO Year:
Exchange: NYSE
Website: gencoshipping.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 10/23/2024 | $26.00 → $17.00 | Buy → Hold | Stifel |
| 1/5/2024 | Buy → Neutral | BTIG Research | |
| 9/30/2022 | $20.00 | Buy | Stifel |
| 8/3/2022 | $29.00 | Buy | Alliance Global Partners |
| 7/21/2022 | $25.00 | Buy | Jefferies |
| 4/27/2022 | $26.00 → $27.00 | Buy | Jefferies |
| 2/24/2022 | $25.00 → $26.00 | Buy | Jefferies |
| 9/13/2021 | $30.00 | Buy | H.C. Wainwright |
| 6/30/2021 | $20.00 → $24.00 | Buy | Jefferies |