Stocks Consumer discretionary GNK
NYSE · Consumer discretionaryGenco Shipping & Trading Ltd (GNK)
Genco Shipping & Trading Ltd brought in $440.7M of revenue over the twelve months to June 30, 2026, up 25.6% from a year earlier. Net income was $40.3M, a net margin of 9.1%. Operating cash flow minus capital spending left $28.7M of free cash flow in fiscal 2025. At June 30, 2026 it held $73.6M in cash against $319.5M of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on August 5, 2026.
Key facts about Genco Shipping & Trading Ltd
- Net worth
- Genco Shipping & Trading Ltd has a market value (market cap) of $1.2B at the latest share price, and shareholders' equity of $888.6M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $342.1M (-19.1% year on year), with a net loss of $4.4M. Over the 12 months to June 30, 2026: revenue $440.7M, net income $40.3M.
- Cash flow
- In fiscal 2025 operations brought in $31.9M of cash; after $3.2M of capital spending, free cash flow was $28.7M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on August 5, 2026 and covers the period to June 30, 2026. Open on SEC EDGAR
- Dividend
- Genco Shipping & Trading Ltd declared dividends of $0.75 per share in fiscal 2025, a yield of 2.82% at the current price.
What Genco Shipping & Trading Ltd does
Genco Shipping & Trading operates an ocean fleet of drybulk carriers. The company transports bulk commodities such as iron ore, coal, grain, steel, and cement across international maritime routes. Its customers include global commodity trading houses, mining corporations, and agricultural processors. Its shares trade on NYSE under the ticker GNK.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $342.1M | -$4.4M | -$0.10 | $28.7M |
| 2024 | $423M | $76.4M | $1.75 | $123.9M |
| 2023 | $383.8M | -$12.9M | -$0.30 | $89.1M |
| 2022 | $536.9M | $158.6M | $3.70 | $185.8M |
| 2021 | $547.1M | $182M | $4.27 | $229.5M |
| 2020 | $355.6M | -$225.6M | -$5.38 | $32.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where GNK ranks in Consumer discretionary
Dividends
Genco Shipping & Trading Ltd declared $0.75 per share in fiscal 2025. At the current price that is a yield of 2.82%. It paid out $32.8M in cash dividends.
| Fiscal year | Per share | Paid out | Of profit |
|---|---|---|---|
| 2025 | $0.75 | $32.8M | n/a |
| 2024 | $1.57 | $67.5M | 88% |
| 2023 | $0.95 | $40.9M | n/a |
| 2022 | $2.74 | $115.7M | 73% |
| 2021 | $0.32 | $13.5M | 7% |
| 2020 | $0.24 | $9.8M | n/a |
Latest SEC filings
What Genco Shipping & Trading Ltd has filed recently, newest first. Each links to the original document on SEC EDGAR.
- September 25, 2026Form 8-A12B/A filing 8-A12B/A
- September 25, 2026Material agreement8-KGenco Shipping and Trading entered into a fourth amendment to its Shareholder Rights Agreement to extend its expiration date and modify terms for qualifying offers.
- September 16, 2026Activist stake changed SCHEDULE 13D/A
- September 9, 2026Activist stake changed SCHEDULE 13D/A
- August 27, 2026Activist stake changed SCHEDULE 13D/A
- August 25, 2026Activist stake changed SCHEDULE 13D/A
- August 17, 2026Activist stake changed SCHEDULE 13D/A
- August 10, 2026Activist stake changed SCHEDULE 13D/A
- August 10, 2026Passive stake changed SCHEDULE 13G/A
- August 5, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 69% to $136.4M versus the same quarter last year; diluted EPS $0.37 versus -$0.16.
What is GNK worth? A DCF from its reported cash flow
Insider trades
What the people running Genco Shipping & Trading Ltd did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $56.8M worth of shares in the last 90 days and bought none on the open market.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| September 2, 2026 | Diana Shipping Inc.10% owner | Sold | 75,000 | $2M |
| September 2, 2026 | Diana Shipping Inc.10% owner | Sold | 75,000 | $2M |
| September 1, 2026 | Diana Shipping Inc.10% owner | Sold | 125,000 | $3.3M |
| August 28, 2026 | Diana Shipping Inc.10% owner | Sold | 2,280 | $59.3K |
| August 27, 2026 | Diana Shipping Inc.10% owner | Sold | 8,427 | $220.2K |
| August 25, 2026 | Diana Shipping Inc.10% owner | Sold | 75,000 | $2M |
| August 25, 2026 | Diana Shipping Inc.10% owner | Sold | 75,000 | $2M |
| August 25, 2026 | Diana Shipping Inc.10% owner | Sold | 75,000 | $2M |
Who owns GNK
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Kibo Investments Pte. Ltd.13G, passive | 8.5% | August 10, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 167 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| BlackRock, Inc. | 4,575,438 | +682,197 |
| Dimensional Fund Advisors LP | 2,518,792 | +77,666 |
| American Century Companies Inc | 1,781,880 | +74,269 |
| Townsend & Associates, Inc | 1,265,912 | -2,596 |
| Two Sigma Investments, LP | 1,138,225 | -12,487 |
| State Street Corp | 1,102,192 | +108,496 |
| Geode Capital Management, LLC | 1,030,385 | +174,419 |
| Focus Partners Wealth | 1,021,661 | +95,798 |
| Morgan Stanley | 651,304 | +39,026 |
| Qube Research & Technologies Ltd | 641,940 | +302,555 |
| Charles Schwab Investment Management Inc | 592,410 | -101,492 |
| Algert Global LLC | 574,031 | new |
| Vanguard Capital Management LLC | 438,691 | +10,154 |
| Vanguard Portfolio Management LLC | 422,295 | +80,924 |
| Oceanic Investment Management LTD | 408,284 | +118,454 |
| Royce & Associates LP | 396,380 | -20,017 |
| Bridgeway Capital Management, LLC | 354,096 | +6,333 |
| Northern Trust Corp | 299,489 | +23,915 |
| Goldman Sachs Group Inc | 259,149 | -6,362 |
| Renaissance Technologies LLC | 252,818 | -129,100 |
Insiders
6 insiders reported holding 4,908,276 shares in total, about $130.8M at the last price.
| Holder | Shares |
|---|---|
| Diana Shipping Inc.10% owner | 4,130,585 |
| Wobensmith John CChairman, CEO, and President, Director | 564,617 |
| Christensen JesperChief Commercial Officer | 98,299 |
| Allen Peter GeorgeChief Financial Officer | 66,702 |
| Adamo JosephChief Accounting Officer | 38,519 |
| Das ParamitaDirector | 9,554 |
Questions about GNK
What does Genco Shipping & Trading Ltd do?
Genco Shipping & Trading operates an ocean fleet of drybulk carriers. The company transports bulk commodities such as iron ore, coal, grain, steel, and cement across international maritime routes. Its customers include global commodity trading houses, mining corporations, and agricultural processors. Its shares trade on NYSE under the ticker GNK.
What is Genco Shipping & Trading Ltd's net worth?
Genco Shipping & Trading Ltd has a market value (market cap) of $1.2B at the latest share price, and shareholders' equity of $888.6M on its balance sheet at June 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is Genco Shipping & Trading Ltd profitable?
Yes. Over the twelve months to June 30, 2026 it reported net income of $40.3M on revenue of $440.7M, a net margin of 9.1%.
How much revenue does Genco Shipping & Trading Ltd make?
Over the twelve months to June 30, 2026 Genco Shipping & Trading Ltd reported revenue of $440.7M. That is 25.6% more than a year earlier.
When did Genco Shipping & Trading Ltd last report?
Its most recent periodic report is the quarterly report (10-Q) filed on August 5, 2026. It covers the period to June 30, 2026. Its newest filing of any kind is the form 8-A12B/A filing from September 25, 2026.
Does Genco Shipping & Trading Ltd pay a dividend?
Yes. Genco Shipping & Trading Ltd declared dividends of $0.75 per share in fiscal 2025, a yield of 2.82% at the current price.
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Where the numbers come from
Financial figures are the values Genco Shipping & Trading Ltd tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.