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 $26.34, up 1.35% from the previous day, and has increased 59.73% in one year. It has overperformed other stocks in the Marine Shipping industry by 1.59 percentage points. Genco Shipping & Trading stock is currently +69.39% from its 52-week low of $15.55, and -3.34% from its 52-week high of $27.25.
There are currently 43.59M shares of GNK outstanding. The market cap of GNK is $1.15B. In the last 24 hours, 343,000 GNK shares were traded.
How to Buy Genco Shipping & Trading Stock
Not sure how to invest in Genco Shipping & Trading stock? Here's how.
- Choose where to buy Genco Shipping & Trading stock: You need to decide on a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you choose where to buy Genco Shipping & Trading stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Select your payment method and add your information.
- 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 analysis website can help you understand 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 purchase GNK stock at a specific price.
- Keep tabs on your GNK position: Create a watchlist to get live updates on 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 preferred brokerage: eToro
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Get $10 towards your purchase of shares by opening 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, it's time to fill out some personal info so you can invest in GNK today.
How to Open a New Investment 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.
- Enter your personal info to open your new trading account.
- Submit your info by clicking the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on app for stock, you can securely and quickly fund your account:
Watch the walkthrough below for more details depositing funds into your new brokerage account.
Step 4: Evaluate Genco Shipping & Trading stock
After you have identified the best place to buy Genco Shipping & Trading stock, it's critical to evaluate their stock before you invest, so you truly comprehend the risk and opportunity.
Genco Shipping & Trading Numbers
GNK Due Diligence Score
WallStreetZen was designed to help everyday investors perform more in-depth fundamental analysis in less time.
You can see all of the due diligence checks on GNK's stock page.
Is GNK stock properly valued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge GNK's fair value.
Using relative valuations methods:
- GNK could be overvalued based on its P/E ratio of 28.32x, relative to Marine Shipping industry P/E ratio of 13.86x
- GNK could be overvalued based on its P/B ratio of 1.29x, relative to Marine Shipping industry P/B ratio of 1.2x
- GNK may be undervalued based on its PEG ratio of 0.54x
You can do additional valuation research on GNK's stock here.
GNK Financial Health
Positive Financial Indicators:
- Total GNK debt is lower than 5 years ago, relative to shareholder equity.
- GNK profit margin has gone up from 4.4% to 9.1% in the past year.
- There are more short-term assets than short-term liabilities on the GNK balance sheet.
- GNK has $73.59M in cash and short term investments. This is sufficient to cover its annual cash burn of $135.62M.
Negative Financial Indicators:
- GNK has a relatively high debt to equity ratio of 0.42.
- GNK has cash burn of 135616000. It does not have enough cash and short-term investments to cover this.
- There are more long-term liabilities than short-term assets on the GNK balance sheet.
Is it a good time to buy Genco Shipping & Trading stock, according to analysts?
Out of 1 sell side analysts who give ratings on GNK, the consensus analyst rating on Genco Shipping & Trading is a Hold
Please note that analyst ratings are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Genco Shipping & Trading stock forecast page.
Metrics for Advanced GNK Traders
GNK Earnings
Last year, GNK earnings were $40.32M. During the last 4 year, GNK's earnings have gone up by -36.25% per year. This was slower than the Marine Shipping industry average of 10.25%.
Last year, GNK revenue was $440.69M. Over the last 5 year, GNK's revenue has grown by 2.39% per year. This was slower than the Marine Shipping industry average of 15.92%.
You can research GNK's earnings and revenue performance here.
Who is buying/selling GNK?
In the past 12 months, insiders at GNK have sold more shares than they have bought.
Diana Shipping Inc, 10% Owner of GNK, was the latest GNK insider to sell. They sold $489,000.00 worth of GNK stock on May 18, 2026.
Learn more about who owns GNK shares here.
Does GNK provide a stable income stream?
Genco Shipping & Trading pays a dividend of 4.37%, compared to the Marine Shipping industry's average dividend yield of 4.24%. If you owned $1,000 worth of GNK stock, you would have received $43.66 last year.
Genco Shipping & Trading dividend payments have not consistently grown over the past 7 years and have not remained stable.
Find more analysis about Genco Shipping & Trading dividend yield and history here.
GNK Social Trading Data
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Make your GNK purchase
There are two primary types of orders:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are usually fine. - Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a given price, place a limit order.
Hit the Open Trade button and your broker will execute your order.
If you want additional help investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your GNK position
Now that you own some shares in GNK, you'll want to keep up with your company.
Create a watchlist to get the latest updates about your GNK stock.
GNK Feed
How to Buy Stock in Genco Shipping & Trading
To summarize, here are the 6 steps to buy 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 need a brokerage account, eToro is our recommended option.
Get Started with eToro TodayIf you want to track your investment in Genco Shipping & Trading, add GNK to your watchlist by clicking the button below.
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