Stifel initiated coverage on Genco Shipping & Trading with a new price target
$GNK
Marine Transportation
Consumer Discretionary
Stifel initiated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $20.00
Stay ahead of the competition with Standout.work - your AI-powered talent-to-startup matching platform.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 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 |
| 9/13/2021 | $30.00 | Buy | H.C. Wainwright |
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
Reiterates Commitment to Enhancing Shareholder Value Reiterates Benefits of Genco Acquiring Diana for Creating Value for Both Company Shareholders No Shareholder Action Required at This Time NEW YORK, Jan. 16, 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 responded to Diana Shipping Inc. ("Diana"), which disclosed its intent to nominate six director candidates to stand for election to the Genco Board of Directors at the Company's 2026 Annual Meeting of Shareholders (the "2026 Annual Meeting"). Genco issued the following statement
Diana's Highly Qualified Independent Director Nominees Bring Extensive Experience Across Dry Bulk Shipping, Finance, Mergers & Acquisitions and Corporate Governance Current Genco Board Has Failed to Engage Constructively with Diana — Its Largest Shareholder — and Meaningfully Evaluate Attractive Premium Acquisition Proposal Believes Meaningful Change is Needed to Ensure Board Seriously Evaluates Diana's Offer and Opportunities to Maximize Shareholder Value ATHENS, Greece, Jan. 16, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX) ("Diana" or the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximatel
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
4 - GENCO SHIPPING & TRADING LTD (0001326200) (Issuer)
DFAN14A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
SCHEDULE 13D/A - GENCO SHIPPING & TRADING LTD (0001326200) (Subject)
DEFA14A - GENCO SHIPPING & TRADING LTD (0001326200) (Filer)
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
Stifel initiated coverage of Genco Shipping & Trading with a rating of Buy and set a new price target of $20.00
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)
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
Deeply Disappointed that After Weeks of Delay, the Genco Board has Rejected and Communicated an Unwillingness to Engage Regarding Diana's Acquisition Proposal Diana Reiterates Attractive All Cash Offer Providing Immediate, Certain Value for Genco's Shareholders Diana Urges Good-Faith Engagement by Genco Board ATHENS, Greece, Jan. 13, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE:DSX) ("Diana" or the "Company"), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, that owns approximately 14.8% of the outstanding shares of common stock of Genco Shipping & Trading Limited (NYSE:GNK) ("Genco"), announced that it has received a letter from
NEW YORK, Nov. 19, 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, has agreed to acquire two 2020-built 208,000 dwt scrubber fitted Newcastlemax vessels for a total purchase price of $145.5 million. Genco expects to take delivery of the vessels during the first quarter of 2026 and intends to fund the acquisition with cash on hand and a drawdown from its revolving credit facility. John C. Wobensmith, Chairman and Chief Executive Officer, commented, "We are pleased to acquire two more high quality, premium earning vessels, underscoring Genco