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Added to YB: 2025-12-16

Pitch date: 2025-10-27

GNK [bullish]

Genco Shipping & Trading Limited

+48.55%

current return

Author Info

No bio for this author

Company Info

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of drybulk cargoes worldwide.

Market Cap

$1.1B

Pitch Price

$16.25

Price Target

N/A

Dividend

3.73%

EV/EBITDA

13.66

P/E

65.72

EV/Sales

3.59

Sector

Marine Transportation

Category

special_situation

Show full summary:
Genco Shipping & Trading Limited - $GNK

GNK: Dry bulk shipper at 72% NAV, minimal debt, strong governance. DSX acquired 14.9% stake at ~$19.64/share, Berge Bulk owns 9.7%. Control vacuum creates M&A opportunity - unstaggered board vulnerable to proxy contest with only 35% ownership needed. Potential SBLK acquisition or special dividend catalyst.

Read full article (9 min)