GENCO SHIPPING & TRADING LTD
Genco Shipping & Trading Limited is a drybulk ship owning company focused on the seaborne transportation of commodities globally. The Company provides a full-service logistics solution to its customers utilizing its in-house commercial operating platform. It transports key cargoes such as iron ore, grain, steel products, bauxite, cement, nickel ore among other commodities along worldwide shipping routes. Its wholly owned modern fleet of dry cargo vessels consists of the larger Capesize and the medium-sized Ultramax and Supramax vessels, enabling it to carry a range of cargoes. Its fleets consist of over 42 drybulk carriers, including 16 Capesize drybulk carriers, 15 Ultramax drybulk carriers, and eleven Supramax drybulk carriers with an aggregate carrying capacity of approximately 4,446,000 deadweight tons (dwt). Its vessels include Baltic Bear, Baltic Hornet, Genco Lion, Baltic Wolf, Genco Aquitaine, Genco Augustus, Genco Bourgogne, Genco Liberty, Genco Freedom, and Genco Vigilant.
Stock Performance Snapshot
Analyst Rating
Analysts recommend buying Genco Shipping's stock, anticipating its price will rise to $21.42.
Financial Health
GENCO Shipping & Trading is performing well with solid revenue and cash flow, indicating strong operational efficiency.
Dividend
GENCO SHIPPING & TRADING's dividend yield of 5.69% is appealing for investors seeking income. If you invested $1000 you would be paid $56.90 a year in dividends (based on the last 12 months).
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Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
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