GNK's recovery appears driven largely by spot charter rates, with operating margin reaching 29.1% and net income of $38.0M in 2026Q3 against losses as recently as 2025Q1, though this peak has not been tested across a full cycle.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Nov 4, 2026 | $0.88-1.6% vs $0.89 | $152M+44.6% vs $105M |
Q3 2026 Aug 5, 2026 | $0.65+7.6% vs $0.60 | $92M+1.9% vs $91M |
Q2 2026 May 6, 2026 | $0.26+660.7% vs $0.03 | $72M+9.5% vs $66M |
Q1 2026 Feb 17, 2026 | $0.39+11.4% vs $0.35 | $77M+2.2% vs $76M |
Genco Shipping & Trading NYSE: GNK reported its highest quarterly time charter equivalent rate since 2022 and declared a record dividend for the third quarter of 2026, as stronger dry bulk shipping rates lifted earnings and cash flow.
Genco Shipping & Trading (GNK) came out with quarterly earnings of $0.88 per share, beating the Zacks Consensus Estimate of $0.77 per share. This compares to a loss of $0.01 per share a year ago.
Declares Record Dividend of $1.05 per Share for Q3 2026 Projects Another Dividend of Greater Than $1 Per Share in Q4 2026 NEW YORK, Nov. 04, 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 reported its financial results for the three months and nine months ended September 30, 2026. Third Quarter 2026 and Year-to-Date Highlights Dividend Declared a record $1.05 per share dividend for Q3 2026, 600% higher than Q3 2025 29th consecutive quarterly dividend Cumulative dividends of $9.765 per share or approximately 39% of our current share price1 Q3 2026 dividend is payable on or about November 23, 2026 to all shareholders of record as of November 16, 2026 Q4 2026 projected dividend reiterated at greater than $1 per share based on current fixtures and assuming the current FFA curve2 Q3 2026 financial results Net income of $38.0 million, or basic and diluted earnings per share of $0.87 and $0.85, respectively Adjusted net income of $39.2 million or basic and diluted earnings per share of $0.89 and $0.88, respectively3 Adjusted EBITDA:3 $68.1 million, an increase of 214% YOY Voyage revenues: $151.9 million Net revenue:3 $104.6 million Average daily fleet-wide TCE3: $27,539 per day Estimated Q4 2026 TCE to date $30,102 for 66% of our owned fleet available days3 John C.
H2'26 payouts of >$2 per share and the recent stock price reversal present GNK's dip-buying opportunity and a richer forward dividend yield of 12.8%. They may outperform the FQ3'26 TCE guidance, with the majority of the fleet exposed to elevated spot rates while supporting the strong top/bottom-line growth prospects. The ongoing fleet renewal contributes to GNK's stable fleet age on a YoY basis while driving the expanded Capesize exposure, with it supporting their future outperformance.
Benchmark GNK against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for Genco Shipping & Trading Limited (GNK)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $26.00 | $1.13B | 14.62 | -19.14% | 15.48% | 8.9% | 2.91% | |
| $26.73 | $2.98B | 10.39 | -17.62% | 23.87% | 11.71% | 1.11% | |
| $85.33 | $2.44B | 4.27 | 0.76% | 36.89% | 16.33% | 0.23% | |
| $7.11 | $723.99M | 8.32 | -10.37% | 28.29% | 10.32% | 3.91% | |
| $14.12 | $298.13M | 4.98 | -5.59% | 30.69% | 20.72% | 3.27% | |
| $12.72 | $1.54B | 4.59 | -57.87% | 40.5% | 14.82% | 5.19% |
Genco Shipping & Trading Limited (GNK) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
Genco Shipping & Trading Limited (GNK) SEC filings — annual & quarterly reports (10-K, 10-Q)
Nov 4, 2026·SEC
Aug 5, 2026·SEC
Jun 23, 2026·SEC
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Genco Shipping & Trading Limited (GNK) stock FAQ — growth, dividends, profitability & financials explained
Genco Shipping & Trading Limited (GNK) reported $512.6M in revenue over the trailing twelve months. Revenue was $342.1M in fiscal year 2025. That is 18027% more than the $1.9M of fiscal year 2004.
Genco Shipping & Trading Limited (GNK) grew revenue by 54.7% over the trailing twelve months, compared with the twelve months before.
Yes. Genco Shipping & Trading Limited (GNK) earned $79.4M in net income over the trailing twelve months (a 15.5% net margin).
Yes. Genco Shipping & Trading Limited (GNK) pays a dividend that yields 2.91% at the current price, a moderate yield.
Genco Shipping & Trading Limited (GNK) had a return on equity (ROE) of 8.9% over the trailing twelve months. That is below the market's typical 10-15%.
Genco Shipping & Trading Limited (GNK) had negative free cash flow of $145.8M over the trailing twelve months.
