Insider Selling: Genco Shipping & Trading (NYSE:GNK) Insider Sells 8,260 Shares of Stock

Genco Shipping & Trading Limited (NYSE:GNK) insider Jesper Christensen sold 8,260 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The stock was sold at an average price of $23.27, for a total value of $192,210.20. Following the transaction, the insider owned 78,311 shares in the company, valued at approximately $1,822,296.97. This represents a 9.54% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Genco Shipping & Trading Price Performance

Shares of NYSE:GNK traded up $0.81 during midday trading on Wednesday, hitting $23.35. The company had a trading volume of 796,381 shares, compared to its average volume of 322,592. Genco Shipping & Trading Limited has a twelve month low of $11.20 and a twelve month high of $23.68. The stock has a market cap of $1.01 billion, a price-to-earnings ratio of -212.21, a price-to-earnings-growth ratio of 6.08 and a beta of 1.21. The company has a debt-to-equity ratio of 0.18, a current ratio of 2.36 and a quick ratio of 1.98. The business’s 50-day simple moving average is $19.72 and its 200-day simple moving average is $18.18.

Genco Shipping & Trading (NYSE:GNK) last released its quarterly earnings data on Tuesday, February 17th. The shipping company reported $0.39 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.04. Genco Shipping & Trading had a negative return on equity of 0.12% and a negative net margin of 1.28%.The company had revenue of $109.92 million for the quarter, compared to analyst estimates of $78.52 million. During the same quarter in the previous year, the company posted $0.29 earnings per share. The firm’s revenue for the quarter was up 10.8% compared to the same quarter last year. On average, research analysts predict that Genco Shipping & Trading Limited will post 0.48 earnings per share for the current year.

Genco Shipping & Trading Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, March 18th. Investors of record on Wednesday, March 11th will be issued a $0.50 dividend. This is an increase from Genco Shipping & Trading’s previous quarterly dividend of $0.15. This represents a $2.00 dividend on an annualized basis and a dividend yield of 8.6%. The ex-dividend date of this dividend is Wednesday, March 11th. Genco Shipping & Trading’s payout ratio is currently -352.94%.

Hedge Funds Weigh In On Genco Shipping & Trading

Several large investors have recently made changes to their positions in the stock. SG Americas Securities LLC boosted its position in shares of Genco Shipping & Trading by 0.3% during the 2nd quarter. SG Americas Securities LLC now owns 218,684 shares of the shipping company’s stock worth $2,858,000 after purchasing an additional 617 shares during the period. Bank of America Corp DE lifted its stake in Genco Shipping & Trading by 2.3% during the third quarter. Bank of America Corp DE now owns 34,970 shares of the shipping company’s stock worth $622,000 after purchasing an additional 779 shares in the last quarter. PNC Financial Services Group Inc. lifted its stake in Genco Shipping & Trading by 82.2% during the second quarter. PNC Financial Services Group Inc. now owns 1,942 shares of the shipping company’s stock worth $25,000 after purchasing an additional 876 shares in the last quarter. CWM LLC boosted its position in shares of Genco Shipping & Trading by 61.4% during the third quarter. CWM LLC now owns 2,843 shares of the shipping company’s stock worth $51,000 after buying an additional 1,082 shares during the period. Finally, Wealth Enhancement Advisory Services LLC grew its stake in shares of Genco Shipping & Trading by 11.0% in the third quarter. Wealth Enhancement Advisory Services LLC now owns 12,695 shares of the shipping company’s stock valued at $219,000 after buying an additional 1,262 shares in the last quarter. 58.62% of the stock is currently owned by institutional investors and hedge funds.

Key Headlines Impacting Genco Shipping & Trading

Here are the key news stories impacting Genco Shipping & Trading this week:

• Positive Sentiment: Company announced a major dividend increase — $0.50 quarterly (233% raise from prior $0.15), annualized yield ~8.5%, record/ex-dividend dates in March; this sizable cash return and 26th consecutive quarterly payout supports income-focused demand. Genco Shipping & Trading Limited Announces Q4 2025 Financial Results
• Positive Sentiment: Zacks upgraded GNK to a Rank #1 (Strong Buy), reflecting improved earnings outlook — upgrades can attract momentum buyers and short-term flows. Genco Shipping (GNK) Upgraded to Strong Buy: Here’s What You Should Know
• Positive Sentiment: Q4 results showed revenue strength and margin improvement: revenue ~$109.9M (≈+10.8% YoY) and management highlighted material gross-profit and operating-profit gains; several outlets report EPS topped consensus (~$0.35), supporting the upbeat narrative. These operational improvements are the primary fundamental driver cited by bullish investors. Genco Shipping & Trading (GNK) Q4 Earnings and Revenues Surpass Estimates
• Neutral Sentiment: Full Q4 earnings-call transcript is available for investors who want management commentary and guidance detail; useful for judging sustainability of margins and capital allocation (including the dividend). Genco Shipping & Trading Limited (GNK) Q4 2025 Earnings Call Transcript
• Negative Sentiment: Reports flag sizable insider selling (CEO and CCO among sellers) and notable institutional reductions in Q4 — such activity can signal caution from insiders/large holders and may cap upside if selling continues. QuiverQuant also cites mixed third‑party numbers (some data providers flagged an EPS short vs one estimate) and highlighted swings in cash flow and liabilities. Genco Shipping & Trading Limited (GNK) Releases Q4 2025 Earnings: Revenue Beats Estimates but EPS Miss

Analyst Ratings Changes

Several equities analysts have weighed in on GNK shares. Wall Street Zen lowered shares of Genco Shipping & Trading from a “hold” rating to a “sell” rating in a report on Sunday, December 14th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Genco Shipping & Trading in a research report on Monday, December 29th. Two equities research analysts have rated the stock with a Strong Buy rating, one has given a Buy rating and one has issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Buy” and a consensus target price of $21.00.

Genco Shipping & Trading Company Profile

Genco Shipping & Trading Limited is a leading global owner and operator of drybulk vessels, providing seaborne transportation services for major commodities such as iron ore, coal, grain and fertilizers. The company’s fleet comprises Capesize, Panamax and Supramax vessels, which are chartered to a broad base of international charterers under both spot and period contracts. Genco’s focus on modern, fuel-efficient tonnage supports reliable cargo delivery across a variety of trade routes and market conditions.

In addition to vessel ownership and operation, Genco offers ship management, maintenance and technical support services designed to maximize fleet performance and safety.