Analyzing Genco Shipping & Trading (GNK) and Its Peers

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

Analyst Recommendations

This is a breakdown of current ratings and target prices for Genco Shipping & Trading and its competitors, as provided by MarketBeat.com.

Genco Shipping & Trading presently has a consensus price target of $29.00, suggesting a potential upside of 10.94%. As a group, “Marine Transportation” companies have a potential upside of 9.25%. Given Genco Shipping & Trading’s higher probable upside, analysts plainly believe Genco Shipping & Trading is more favorable than its competitors.

Profitability

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

Valuation and Earnings

This table compares Genco Shipping & Trading and its competitors gross revenue, earnings per share (EPS) and valuation.

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.

Risk and Volatility

Genco Shipping & Trading has a beta of 0.96, suggesting that its share price is 4% less volatile than the S&P 500. Comparatively, Genco Shipping & Trading’s competitors have a beta of 1.05, suggesting that their average share price is 5% more volatile than the S&P 500.

Dividends

Genco Shipping & Trading pays an annual dividend of $3.20 per share and has a dividend yield of 12.2%. Genco Shipping & Trading pays out 351.6% 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 4.4% and pay out 26.9% of their earnings in the form of a dividend.

Institutional & Insider 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 company insiders. Comparatively, 27.2% of shares of all “Marine Transportation” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Summary

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

About Genco Shipping & Trading

(Get Free Report)

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.

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