Genco Shipping & Trading Ltd. is a U.S.-based dry bulk shipping company that provides seaborne transportation services for commodities across global trade routes. The company owns and operates a modern fleet of dry cargo vessels used to carry iron ore, coal, grain, steel products, bauxite, cement, nickel ore, and other bulk materials for miners, traders, agricultural merchants, and industrial customers. Its operations are centered on major bulk and minor bulk shipping, with vessels such as Newcastlemax, Capesize, Ultramax, and Supramax carriers supporting cargo movement between key producing and consuming regions worldwide. Headquartered in New York City, Genco Shipping & Trading Ltd. focuses on full-service logistics for customers that rely on efficient ocean freight capacity and broad commodity coverage.
Agreed to be acquired by Diana Shipping Inc. Similar tender-offer deals closed 88% of the time (n=141), typically 46 days after announcement; this one has been open 187 days.
| Series | 1W | 1M |
|---|---|---|
| GNK | −3.6% | −9.4% |
| Peers | −7.6% | −12.9% |
| Sector · Industrials | +0.2% | −0.9% |
| SPY | −0.7% | −1.6% |
| Percentile rank vs S&P 500 | 22 | 16 |
Genco Shipping & Trading Reports Q3 2026 Results and Record $1.05 Dividend
| QUARTER | EPS EST | EPS ACTUAL | EPS SURPRISE | REACTION |
|---|---|---|---|---|
| Q2 FY2026 | 0.65 | 0.65 | +0.17% | — |
| Q1 FY2026 | 0.06 | 0.26 | +342.93% | +0.12% |
| Q4 FY2025 | 0.43 | 0.39 | −9.45% | +5.27% |
| Q3 FY2025 | 0.22 | −0.01 | −104.64% | +2.91% |
| Series | 1W | 1M |
|---|---|---|
| GNK | −3.6% | −9.4% |
| Peers | −7.6% | −12.9% |
| Sector · Industrials | +0.2% | −0.9% |
| SPY | −0.7% | −1.6% |
| Percentile rank vs S&P 500 | 22 | 16 |