Is Genco Shipping & Trading stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Genco Shipping & Trading pays dividends. Last time was Monday 26th of August 2024 where the investors holding the stock on Monday 19th of August 2024 were paid $0.34 per share. Over the last 20 times between 2019 and 2024, Genco Shipping & Trading has paid $5.915 with an average of $0.3 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Genco Shipping & Trading 10 years ago, but if you had invested on Monday 21st of October 2019 when the price was $10.02, you would have made a profit of $7.10 per share or 70.86%
Yes, the average daily trading liquidity for Genco Shipping & Trading is $443 987 thousand. You should therefore be able to get in and out of your positions relatively fast.
Genco Shipping & Trading has little of the business financed by loans. This puts the company at lower risk in periods of high inflation where borrowing costs usually go up. With a high cash flow to debt ratio of 1.16, the company's ability to pay off the debt is good. The company has a very low net profit margin of 3.59%, which is challenging.
We have calculated the inflation risk for Genco Shipping & Trading to be low [0.2 of 1]
US inflation for August 2024 was 0.19%. Over the last 12 months, the US inflation is 2.59%. The 10-year treasury yield that indicates the future interest level is currently 4.09 and is down -0.37 over the last 30 days.