Genco Shipping & Trading Limited Announces First Quarter Financial Results
Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) (GNK)
Last genco shipping & trading limited ordinary shares new (marshall islands) earnings: 2/25 04:30 pm
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US:NYSE Investor Relations:
gencoshipping.com
Company Research
Source: GlobeNewswire
NEW YORK, May 03, 2023 (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 ended March 31, 2023. The following financial review discusses the results for the three months ended March 31, 2023 and March 31, 2022. First Quarter 2023 and Year-to-Date Highlights Declared a $0.15 per share dividend for the first quarter of 2023Q1 2023 dividend marks the Company’s 15th consecutive quarterly payout, reflecting cumulative dividends totaling $4.445 per share or approximately 31% of the closing share price on May 2, 2023 Q1 2023 dividend is payable on or about May 23, 2023 to all shareholders of record as of May 16, 2023 Prepaid $8.75 million of debt on a voluntary basis during Q1 2023, reducing our debt to $162.3 million at March 31, 2023 Net loan-to-value of
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News
- Genco Shipping & Trading Limited (NYSE: GNK) had its price target raised by analysts at B. Riley from $27.00 to $30.00. They now have a "buy" rating on the stock.MarketBeat
- Genco Shipping & Trading Limited (NYSE:GNK) Q1 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading Limited (NYSE: GNK) had its price target raised by analysts at Jefferies Financial Group Inc. from $26.00 to $27.00. They now have a "buy" rating on the stock.MarketBeat
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- Genco Shipping & Trading Limited Announces Q1 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
GNK
Earnings
- 5/8/24 - Miss
GNK
Sec Filings
- 5/10/24 - Form 4
- 5/9/24 - Form DEFA14A
- 5/8/24 - Form DEFA14A
- GNK's page on the SEC website