Genco Shipping & Trading downgraded by Stifel with a new price target
$GNK
Marine Transportation
Consumer Discretionary
Stifel downgraded Genco Shipping & Trading from Buy to Hold and set a new price target of $17.00 from $26.00 previously
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| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 2/19/2026 | Buy → Neutral | Alliance Global Partners | |
| 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 |
8-K - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
DFAN14A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
144 - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
Alliance Global Partners downgraded Genco Shipping & Trading from Buy to Neutral
Stifel downgraded Genco Shipping & Trading from Buy to Hold and set a new price target of $17.00 from $26.00 previously
BTIG Research downgraded Genco Shipping & Trading from Buy to Neutral
Second Newcastlemax Vessel Expected to Deliver at the End of March Premium Earning Assets Further Enhance Earnings Power and Dividend Capacity NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Stars and Stripes, one of two 2020-built 208,000 dwt scrubber-fitted Newcastlemax vessels that Genco agreed to acquire in November 2025. John C. Wobensmith, Chairman and Chief Executive Officer, commented, "We are pleased to take delivery of the first of two high specification
NEW YORK, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Senior executives from leading Dry Bulk, Gas (LNG/LPG), and Tanker shipping companies will present at the "20th Annual Capital Link International Shipping Forum" on Monday, March 9, 2026, at the Metropolitan Club in New York City. The event is organized in cooperation with NASDAQ & NYSE. Mr. Joshua Volz, Special Envoy for Global Energy Integration - U.S. Department of Energy, and Minister Vasilis Kikilias, Minister of Maritime Affairs and Insular Policy – Hellenic Republic will deliver Luncheon Keynote Remarks. Mr. Stephen M. Carmel, Administrator, Maritime Administration (MARAD), U.S. Department of Transportation will provide Keynote Remarks
Declares Dividend of $0.50 per share for Q4 2025, Marking Highest Dividend Since 2022 and 26th Consecutive Quarterly Dividend Generated Q4 Adj. EBITDA of $42.0 Million and TCE of $20,064, Representing Highest Levels Since 2022 Two Newcastlemax Vessels Expected to be Delivered in Q1 2026, Further Enhancing Earnings Power and Dividend Capacity NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and twelve months ended December 31, 2025. Fourth Quarter 2025 and Year-to
NEW YORK, Aug. 28, 2025 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that James G. Dolphin has retired from the Board. The decision is not the result of any disagreement on Genco's strategy, operations, policies or practices. Genco also announced that as part of its ongoing succession planning process, the Board has appointed Chief Executive Officer John C. Wobensmith to the additional role of Chairman of the Board and Kathleen C. Haines as Lead Independent Director to support the Board's continued independent oversight. Jame
NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company") the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that Genco shareholders have overwhelmingly voted at the Company's Annual Meeting to re-elect to the Company's Board of Directors all seven of Genco's highly qualified director nominees – James G. Dolphin, Paramita Das, Kathleen C. Haines, Basil G. Mavroleon, Karin Y. Orsel, Arthur L. Regan and John C. Wobensmith. At the Annual Meeting, approximately 61.4% of the total shares outstanding as of the March 28, 2024 record date were represented at the meeting. The
Sets the Record Straight on Economou's Campaign Genco Continues Executing on the Comprehensive Value Strategy It Initiated in 2021 Shareholders Should Still Get Their Votes In "FOR" the Re-Election of Genco's Seven Highly Qualified Director Nominees NEW YORK, May 16, 2024 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company") the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today issued the following statement regarding George Economou's withdrawal of the nomination of Robert Pons for election to the Genco Board of Directors. Genco issued the following statement: We are please
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SC 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
Second Newcastlemax Vessel Expected to Deliver at the End of March Premium Earning Assets Further Enhance Earnings Power and Dividend Capacity NEW YORK, March 05, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today announced that it has taken delivery of the Genco Stars and Stripes, one of two 2020-built 208,000 dwt scrubber-fitted Newcastlemax vessels that Genco agreed to acquire in November 2025. John C. Wobensmith, Chairman and Chief Executive Officer, commented, "We are pleased to take delivery of the first of two high specification
Declares Dividend of $0.50 per share for Q4 2025, Marking Highest Dividend Since 2022 and 26th Consecutive Quarterly Dividend Generated Q4 Adj. EBITDA of $42.0 Million and TCE of $20,064, Representing Highest Levels Since 2022 Two Newcastlemax Vessels Expected to be Delivered in Q1 2026, Further Enhancing Earnings Power and Dividend Capacity NEW YORK, Feb. 17, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) ("Genco" or the "Company"), the largest U.S. headquartered drybulk shipowner focused on the global transportation of commodities, today reported its financial results for the three months and twelve months ended December 31, 2025. Fourth Quarter 2025 and Year-to
NEW YORK, Jan. 20, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) announced today that it will hold a conference call to discuss the Company's results for the fourth quarter of 2025 on Wednesday, February 18, 2026 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation. The Company will issue financial results for the fourth quarter ended December 31, 2025 on Tuesday, February 17, 2026 after the close of market trading. What:Fourth Quarter 2025 Conference Call WhenWednesday, February 18, 2026 at 8:30 a.m. Eastern Time Link:https://events.q4inc.com/analyst/638501096?pwd=qF8yzzw8 To access the cal