Genco Shipping & Trading Ltd (GNK) Q4 2024 Earnings Call Highlights: Strong Performance ... [Yahoo! Finance]
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
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Source: Yahoo! Finance
Positive Points Genco Shipping & Trading Ltd ( NYSE:GNK ) reported a strong Q4 2024, with earnings growth and a focus on dividends, deleveraging, and growth. The company acquired a high-specification cape-sized vessel, enhancing its fleet and reducing dry docking expenses by $13 million for 2024 and 2025. Genco Shipping & Trading Ltd ( NYSE:GNK ) increased its time charter equivalent rates significantly, outperforming benchmarks and demonstrating strong commercial platform performance. The company declared a $0.30 per share dividend for Q4, marking its 22nd consecutive dividend, with a 70% increase in distributions to shareholders over the year. Genco Shipping & Trading Ltd ( NYSE:GNK ) maintains a strong financial position with an industry-low net loan to value of 5% and over $330 million in undrawn revolver availability. Negative Points The beginning of 2025 has seen downward volatility in the dry bulk market due to seasonal factors, impacting freight rates. The com
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High impacting Genco Shipping & Trading Limited Ordinary Shares New (Marshall Islands) news events
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GNK
News
- Genco Shipping & Trading (NYSE:GNK) was downgraded by analysts at <a style="font-weight:bold" href="https://www.wallstreetzen.com/newsletters/zen-ratings?ticker=GNK&utm_campaign=getratings&utm_medium=online&utm_source=MarketBeat">Wall StMarketBeat
- Genco Shipping & Trading (NYSE:GNK) had its "hold (c-)" rating reaffirmed by analysts at <a style="font-weight:bold" href="https://weissratings.com/">Weiss Ratings</a>.MarketBeat
- Genco Shipping & Trading Confirms Receipt of a Non-Binding Indicative Proposal from Diana Shipping Inc.GlobeNewswire
- Genco Shipping & Trading to Acquire Two High-Specification Newcastlemax Vessels [Yahoo! Finance]Yahoo! Finance
- Genco Shipping & Trading to Acquire Two High-Specification Newcastlemax VesselsGlobeNewswire
GNK
Earnings
- 11/5/25 - Miss
GNK
Sec Filings
- 12/5/25 - Form 8-K
- 11/26/25 - Form 4
- 11/26/25 - Form 4
- GNK's page on the SEC website