How to Buy Genco Shipping & Trading Stock
Genco Shipping & Trading Ltd
Genco Shipping & Trading is a shipping company located in New York, United States, which is part of the Industrials sector, and is traded under the ticker GNK on the NYSE exchange.
Genco Shipping & Trading stock last closed at $20.97, up 0.96% from the previous day, and has increased 43.53% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.55 percentage points. Genco Shipping & Trading stock is currently +87.23% from its 52-week low of $11.20, and -2.42% from its 52-week high of $21.49.
As of Feb 9, 2026, there are 43.24M shares of GNK outstanding. The market capitalization of GNK is $906.81M. In the last 24 hours, 222,000 GNK shares were traded.
How to Buy Genco Shipping & Trading Stock
Wondering how to invest in Genco Shipping & Trading stock? Here's how.
- Choose where to buy Genco Shipping & Trading stock: You need to choose an online brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you figure out where to buy Genco Shipping & Trading stock.
- Sign up for a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your payment method and add your details.
- Evaluate Genco Shipping & Trading stock: The Genco Shipping & Trading ticker symbol is GNK. Is Genco Shipping & Trading stock a good investment? Should you buy shares of GNK? How do GNK's underlying business fundamentals look? Do top analysts think Genco Shipping & Trading is a good buy? Why has GNK's stock price moved recently? (Hint: Our stock market research tools can help you figure out if GNK is a good stock to buy).
- Make your GNK purchase: Decide if you will purchase GNK shares at the current market price or use a limit order to buy GNK stock at a given price.
- Keep tabs on your GNK position: Create a watchlist to monitor your investment in Genco Shipping & Trading stock.
Step 1: Choose where to buy Genco Shipping & Trading stock
You need a brokerage account to access the NYSE market and buy GNK stock.
Our favorite brokerage: eToro
Based on our research, eToro is the best place to buy stocks. eToro gives you:
- Invest in stocks with 0% commissions: Invest without paying trading commissions.
- Buy fractional shares: Even if you can't afford a full share, you can still invest in the stock.
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- Social investing: eToro boasts a community with more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of top investors.
- Security: eToro is a regulated and licensed brokerage platform.
- Buy other assets: Such as ETFs and cryptos.
Get $10 towards your purchase of shares by signing up for an account with eToro today. This offer is only for US users.
Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal information so you are able to buy GNK stock today.
How to Open a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal data to create a new brokerage account.
- Submit your information by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have opened your account on the best app for stock investing, your next step is to transfer the money for your investment:
Watch the video below to see the process of transferring money into your new brokerage account.
Step 4: Evaluate Genco Shipping & Trading stock
Once you have selected the best place to buy Genco Shipping & Trading stock, it's important to evaluate their stock prior to buying, so you can wrap your head around the risk as well as the upside.
Genco Shipping & Trading stock quick numbers
GNK Due Diligence Score
WallStreetZen was designed to help everyday investors do better fundamental analysis quickly.
You can view all of the due diligence checks on GNK's stock page.
What is the fair value of GNK stock?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge GNK's intrinsic value.
Using relative valuations methods:
- GNK may be undervalued based on its P/B ratio of 1.02x, relative to Marine Shipping industry P/B ratio of 1.04x
You can access additional valuation research on GNK's stock here.
GNK Financial Health Overview
Positive Financial Indicators:
- GNK's operating cash flow of $45.99M allows it to safely service it's debt of $163.94M.
- Total GNK debt is lower than 5 years ago, relative to shareholder equity.
- GNK has a low debt to equity ratio of 0.25.
- There are more short-term assets than short-term liabilities on the GNK balance sheet.
Negative Financial Indicators:
- GNK profit margin has gone down from 15.6% to -2.1% in the past year.
- There are more long-term liabilities than short-term assets on the GNK balance sheet.
- GNK earnings of $3.99M is not sufficient to cover its interest payments.
You can dive deeper into what analysts are saying on the Genco Shipping & Trading stock forecast page.
GNK Technical Indicators
How is GNK performing as a company?
Last year, GNK revenue was $331.33M. Over the past five year, GNK's revenue has gone up by -2.12% per year. This was slower than the Marine Shipping industry average of 14.56%.
Dive into GNK's earnings and revenue performance here.
Latest Insiders Trades at GNK
Over the past 12 months, executives and large shareholders at GNK have sold more shares than they have bought.
John C. Wobensmith, Chairman CEO and President of GNK, was the latest GNK insider to sell. They sold $350,360.00 worth of GNK stock on Sep 15, 2025.
Dig into more about who owns GNK stock here.
Does GNK stock generate passive income?
Genco Shipping & Trading pays a dividend of 3.58%, compared to the Marine Shipping industry's average dividend yield of 6.41%. If you owned $1,000 of GNK stock, you would have received $35.77 in the past 12 months.
Genco Shipping & Trading dividend payments have not consistently grown over the past 7 years and have not remained stable.
Dig into more info about Genco Shipping & Trading dividend yield and history here.
What do other traders have to say about GNK?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to find out what other traders have to say.
Step 5: Make your GNK purchase
There are two main options:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are usually fine for most investors. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to be sure you're buying or selling at an exact price, place a limit order.
Press the Open Trade button and eToro will place the order.
If you want more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Keep tabs on your GNK position
Now that you own some GNK stock, you'll want to stay up-to-date on your stock purchase.
Make a watchlist to monitor your GNK stock.
GNK Feed
How to Buy Stock in Genco Shipping & Trading
To summarize, here are the 6 steps for buying Genco Shipping & Trading stock:
- Choose where to buy Genco Shipping & Trading stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Genco Shipping & Trading stock
- Make your GNK purchase
- Keep tabs on your GNK position
If you require a brokerage account, eToro is our recommended venue.
Get Started with eToro TodayIf you want to monitor your new investment in Genco Shipping & Trading, create your watchlist below.
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