GNK
IndustrialsGenco Shipping & Trading Limited · Marine Shipping · $1B
What is Genco Shipping & Trading Limited?
Genco Shipping & Trading Limited is a New York-based dry bulk shipping company that transports commodities across global ocean routes. Its fleet of bulk carriers serves trading houses, commodity producers, and government-owned entities worldwide.
Genco owns and operates a fleet of dry bulk carrier vessels, chartering them to customers who need to move iron ore, coal, grains, steel products, and other dry-bulk cargoes across international waters. Revenue is primarily driven by charter rates, which fluctuate with global commodity demand and shipping market conditions. The company operates vessels across multiple size classes — Capesize, Ultramax, and Supramax — allowing it to serve a range of cargo volumes and trade routes.
Genco Shipping & Trading was incorporated in 2004 and is headquartered in New York City, US.
- Capesize vessel charters for large-volume bulk cargo
- Ultramax and Supramax vessel operations for mid-size cargo routes
- Dry bulk transport of iron ore, coal, and grains
- Charter services to commodity traders and government entities
Is GNK a Good Stock to Buy?
UQS Score rates GNK as Poor overall, reflecting broad weakness across most of the five scoring pillars.
The most constructive area in GNK's profile is Valuation, which registers as Good — suggesting the stock may be priced at a level that accounts for its underlying challenges. Risk comes in at Neutral, meaning the balance sheet and operational risk profile are not extreme relative to peers.
Quality, Moat, and Growth all score as Weak, pointing to thin competitive differentiation, limited earnings durability, and constrained expansion prospects typical of commodity-driven shipping businesses.
Pro members can view the complete pillar breakdown and full financial metrics behind GNK's UQS Score at uqs-score.com. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does GNK pay dividends?
Yes — Genco Shipping & Trading Limited pays a dividend.
Genco pays a regular dividend, which is notable for a small-cap shipping company. Dry bulk carriers often link dividend levels to charter rate cycles, so payouts can vary with market conditions. Income-focused investors should weigh the dividend against the cyclical nature of shipping revenues before relying on it as a stable income stream.
When does GNK report earnings?
Genco Shipping & Trading reports earnings on a quarterly cadence, consistent with US-listed equities.
Results tend to reflect prevailing dry bulk charter rates, which are sensitive to global trade volumes and commodity demand. Periods of rate weakness typically compress margins, while rate recoveries can provide a meaningful lift to revenue. Investors should track fleet utilization and charter rate trends alongside headline earnings figures.
For the most recent quarter's results and guidance, visit Genco Shipping & Trading's investor relations page directly.
GNK Price History
+111.4% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Genco Shipping & Trading Limited?
Based on Genco Shipping & Trading Limited's historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
GNK Long-term Outlook
GNK's Growth pillar scores as Weak, reflecting the structural challenges of operating in a commoditized, rate-sensitive shipping market. The Risk pillar at Neutral suggests the company is not in acute financial distress, but the path to meaningful earnings growth depends heavily on external factors like global trade volumes and dry bulk demand. A Good Valuation label indicates the market may already be pricing in a subdued growth outlook.
Growth drivers
- Recovery in global commodity trade volumes, particularly iron ore and coal
- Fleet optimization and potential vessel acquisitions during market downturns
- Dividend policy that may attract income-focused investors during stable rate environments
Key risks
- Cyclical charter rate declines driven by oversupply of dry bulk vessels globally
- Exposure to commodity demand shocks from slowing industrial economies
- Limited pricing power as a price-taker in a fragmented, competitive shipping market
GNK vs Peers
Genco operates in a fragmented shipping sector alongside carriers with different cargo focuses and geographic footprints.
CCEC focuses on clean energy cargo transport, positioning itself in a different regulatory and demand environment than traditional dry bulk operators like Genco.
NAT operates crude oil tankers rather than dry bulk carriers, making it sensitive to oil trade flows rather than commodity bulk demand cycles.
Algoma Central focuses on domestic Canadian waterway shipping, giving it a more regionally concentrated and less globally cyclical revenue base than Genco.
Frequently Asked Questions
What does Genco Shipping & Trading do?
Genco Shipping & Trading owns and operates a fleet of dry bulk carrier vessels that transport commodities — including iron ore, coal, grains, and steel products — across global ocean trade routes. The company charters its vessels to commodity traders, producers, and government-owned entities.
Does GNK pay dividends?
Yes, Genco pays a regular dividend. However, dividend levels in the dry bulk shipping sector tend to fluctuate with charter rates and market conditions, so the payout is not guaranteed to remain constant. Investors should review the company's most recent dividend announcements for current figures.
When does GNK report earnings?
Genco Shipping & Trading reports on a quarterly cadence, in line with standard US-listed company practice. For the exact timing of upcoming earnings releases, check the investor relations section of Genco's official website.
Is GNK a good stock to buy?
UQS Score rates GNK as Poor overall. While Valuation scores as Good and Risk is Neutral, the Quality, Moat, and Growth pillars all register as Weak. This profile suggests meaningful structural challenges. The full pillar breakdown is available to Pro members at uqs-score.com.
Is GNK overvalued?
GNK's Valuation pillar scores as Good within the UQS framework, suggesting the stock is not considered expensive relative to its fundamentals at current levels. That said, a low overall UQS Score means the underlying business quality may limit upside even at an attractive price.
How does GNK compare to its competitors?
Genco competes in a fragmented global shipping market. Peers like Nordic American Tankers focus on crude oil tankers, while Algoma Central operates in Canadian domestic waterways. Each carrier faces different demand cycles and regulatory environments, making direct comparisons complex. The UQS platform scores each ticker independently for a structured comparison.
What is GNK's market cap bracket?
GNK is classified as a small-cap stock. This places it in a segment of the market that can offer higher volatility and liquidity risk compared to large- or mega-cap peers, which is a relevant consideration for position sizing.
Who founded Genco Shipping & Trading?
Genco Shipping & Trading was incorporated in 2004. Founding details are part of the company's publicly available corporate history, which can be found through its investor relations materials or SEC filings.
Is GNK a long-term quality investment?
From a long-term quality standpoint, GNK's UQS profile raises caution. Weak scores across Quality, Moat, and Growth pillars suggest limited durable competitive advantages and earnings consistency — factors that matter most for long-term compounding. The Neutral Risk and Good Valuation labels provide some offset, but the overall picture is challenging.
What is the main competitive advantage of Genco Shipping?
Genco's fleet diversity — spanning Capesize, Ultramax, and Supramax vessel classes — allows it to serve a range of cargo sizes and trade routes. However, the UQS Moat pillar scores as Weak, reflecting that dry bulk shipping is largely a commoditized business with limited pricing power or structural differentiation.
What sector does GNK belong to?
GNK is classified under the Industrials sector, specifically within marine transportation. Dry bulk shipping companies are highly sensitive to global trade volumes, commodity cycles, and vessel supply dynamics, which drive significant earnings variability across market cycles.
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Pro Analysis
GNK — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 20, 2026 | 36.1 | 13.1 | 10.0 | 25.1 | 84.0 | 84.7 | +0.7 |
| May 12, 2026 | 35.4 | 13.1 | 10.0 | 25.0 | 84.0 | 80.5 | +9.7 |
| May 10, 2026 | 25.7 | 3.6 | 10.0 | 24.5 | 36.9 | 79.0 | -0.1 |
| May 8, 2026 | 25.8 | 3.6 | 10.0 | 24.5 | 36.9 | 79.7 | -3.4 |
| May 7, 2026 | 29.2 | 4.8 | 10.0 | 24.5 | 59.6 | 77.7 | -0.1 |
| May 4, 2026 | 29.3 | 4.8 | 10.0 | 24.5 | 59.6 | 78.6 | 0.0 |
| May 3, 2026 | 29.3 | 4.8 | 10.0 | 24.4 | 59.6 | 78.7 | -0.2 |
| Apr 26, 2026 | 29.5 | 4.8 | 10.0 | 24.4 | 59.6 | 79.9 | +0.1 |
| Apr 25, 2026 | 29.4 | 4.8 | 10.0 | 24.4 | 59.6 | 78.9 | -0.1 |
| Apr 23, 2026 | 29.5 | 4.8 | 10.0 | 24.5 | 59.6 | 79.6 | +0.1 |
GNK — Pillar Breakdown
Quality
— 13.1/100 (25%)Genco Shipping & Trading Limited currently shows below-average quality metrics, suggesting challenges with profitability.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 25.1/100 (20%)Genco Shipping & Trading Limited faces growth headwinds with declining or stagnant revenue trends.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 84.0/100 (15%)Genco Shipping & Trading Limited carries minimal financial risk with conservative leverage and strong solvency.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 85.7/100 (15%)Genco Shipping & Trading Limited appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
P/E relative to earnings growth — lower is more attractive.
Moat
— 10/100 (25%)Genco Shipping & Trading Limited operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for GNK.
Score Composition
Financial Data
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How is the GNK UQS Score Calculated?
The UQS (Unified Quality Score) for Genco Shipping & Trading Limited is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Genco Shipping & Trading Limited's competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Genco Shipping & Trading Limited is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.