NASDAQ: GOGL
Golden Ocean Group Ltd Stock

$9.37+0.02 (+0.21%)
Updated Feb 14, 2025
GOGL Price
$9.37
Fair Value Price
$4.54
Market Cap
$1.87B
52 Week Low
$8.52
52 Week High
$15.77
P/E
7.74x
P/B
0.97x
P/S
2.65x
PEG
N/A
Dividend Yield
12.81%
Revenue
$1.01B
Earnings
$241.68M
Gross Margin
50.4%
Operating Margin
35%
Profit Margin
23.9%
Debt to Equity
0.79
Operating Cash Flow
$390M
Beta
1.06
Next Earnings
Feb 28, 2025
Ex-Dividend
N/A
Next Dividend
N/A

GOGL Overview

Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels comprising Newcastlemax, Capesize, Panamax, and Ultramax vessels worldwide. It owns and operates dry bulk vessels in the spot and time charter markets. The company transports bulk commodities, such as ores, coal, grains, and fertilizers. As of March 23, 2022, it owned a fleet of 81 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.

Zen Rating

Our proven quant model uses 115 proprietary factors, including AI, to determine GOGL's potential to beat the market

CHold
  • Stocks with a Zen Rating of Hold (C) had an average return of +7.53% per year. Learn More

Zen Rating Component Grades

B
Value
C
Growth
D
Momentum
C
Sentiment
D
Safety
C
Financials
C
Artificial Intelligence
Zen Rating uses advanced AI algorithms that detect subtle patterns in market data; it anticipates future trends that point to superior stock price results.

Industry: Shipping

Industry Rating
D
GOGL
Ranked
#23 of 38

Top Ranked Stocks in Industry

Name / TickerPriceZen Rating
$146.32A
$5.56A
$20.13A
View Top Shipping Stocks

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GOGL News

Overview

Due Diligence Score

Industry Average (31)
You've viewed Due Diligence Score for 10/10 free stocks. Upgrade to Premium to see how GOGL scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

GOGL ($9.37) is overvalued by 106.22% relative to our estimate of its Fair Value price of $4.54 based on Discounted Cash Flow (DCF) modelling
Below Fair Value Valuation
GOGL ($9.37) is not significantly undervalued (106.22%) relative to our estimate of its Fair Value price of $4.54 based on Discounted Cash Flow (DCF) modelling, when including a healthy margin of safety
Significantly Below Fair Value Valuation
GOGL is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation
There are 35 more GOGL due diligence checks available for Premium users.

Valuation

GOGL fair value

Fair Value of GOGL stock based on Discounted Cash Flow (DCF)

Price
$9.37
Fair Value
$4.54
Overvalued by
106.22%
GOGL ($9.37) is overvalued by... subscribe to Premium to read more.
Below Fair Value Valuation
GOGL ($9.37) is not significantly... subscribe to Premium to read more.
Significantly Below Fair Value Valuation
GOGL is forecast by analysts... subscribe to Premium to read more.
Below Benjamin Graham Formula Value Valuation

GOGL price to earnings (PE)

For valuing profitable companies with steady earnings

Company
7.74x
Industry
8.49x
Market
37.92x
GOGL is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
GOGL is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

GOGL price to book (PB)

For valuing companies that are loss-making or have lots of physical asset

Company
0.97x
Industry
0.87x
GOGL is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

GOGL's financial health

Profit margin

Revenue
$260.6M
Net Income
$56.3M
Profit Margin
21.6%
GOGL's Earnings (EBIT) of $354.09M... subscribe to Premium to read more.
Interest Coverage Financials
GOGL's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$3.4B
Liabilities
$1.5B
Debt to equity
0.79
GOGL's short-term assets ($306.97M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
GOGL's long-term liabilities ($1.27B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
GOGL's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
GOGL's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$100.8M
Investing
-$4.4M
Financing
-$81.8M
GOGL's operating cash flow ($390.46M)... subscribe to Premium to read more.
Debt Coverage Financials

GOGL vs Shipping Stocks

TickerZen RatingMarket Cap1d %P/EP/B
GOGLC$1.87B+0.21%7.74x0.97x
SBLKC$1.82B+0.63%5.38x0.72x
BWLPB$1.67B-1.40%N/A1.04x
DACC$1.62B+1.76%2.88x0.48x
CDLR$1.49B+0.05%N/A1.24x

Golden Ocean Group Stock FAQ

What is Golden Ocean Group's quote symbol?

(NASDAQ: GOGL) Golden Ocean Group trades on the NASDAQ under the ticker symbol GOGL. Golden Ocean Group stock quotes can also be displayed as NASDAQ: GOGL.

If you're new to stock investing, here's how to buy Golden Ocean Group stock.

What is the 52 week high and low for Golden Ocean Group (NASDAQ: GOGL)?

(NASDAQ: GOGL) Golden Ocean Group's 52-week high was $15.77, and its 52-week low was $8.52. It is currently -40.58% from its 52-week high and 9.98% from its 52-week low.

How much is Golden Ocean Group stock worth today?

(NASDAQ: GOGL) Golden Ocean Group currently has 200,028,293 outstanding shares. With Golden Ocean Group stock trading at $9.37 per share, the total value of Golden Ocean Group stock (market capitalization) is $1.87B.

Golden Ocean Group stock was originally listed at a price of $141.55 in Dec 31, 1997. If you had invested in Golden Ocean Group stock at $141.55, your return over the last 27 years would have been -93.38%, for an annualized return of -9.57% (not including any dividends or dividend reinvestments).

How much is Golden Ocean Group's stock price per share?

(NASDAQ: GOGL) Golden Ocean Group stock price per share is $9.37 today (as of Feb 14, 2025).

What is Golden Ocean Group's Market Cap?

(NASDAQ: GOGL) Golden Ocean Group's market cap is $1.87B, as of Feb 15, 2025.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Golden Ocean Group's market cap is calculated by multiplying GOGL's current stock price of $9.37 by GOGL's total outstanding shares of 200,028,293.
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Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.