Genco Shipping & Trading LTD is a $625-million market cap company that provides shipping and logistics services. Its fleet of vessels transports dry bulk cargo, such as coal, iron ore, and grain.

Genco trades at a Price to Earnings (forward) ratio = 3.9, which is 66% cheaper than its five-year average of 11.44. Relatively to other Dry Bulk shipping stocks, it trades at a mid-range valuation.

Maritime shipping company Genco (NYSE:GNK) reported Q2 CY2024 results topping analysts' expectations, with revenue up 75.6% year on year to $107 million. It made a GAAP profit of $0.54 per share ...

Looking at Genco’s peers in the marine transportation segment, some have already reported their Q1 results, giving us a hint as to what we can expect. Scorpio Tankers’s revenues decreased 47.6 ...