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GNKGenco Shipping & Trading LimiteHold6.7·$26.52+1.65%

Genco Shipping & Trading Limite (GNK) Q2 2026 earnings — TrendMatrix coverage

BEAT+16.5% vs estimateEPS $0.65 vs $0.56 estVerdict Buy (Wait)Hold

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure

Event detail · Q2 2026

Key numbers

Reported EPS
$0.65
Estimate
$0.56
Surprise
+16.5%
Revenue (period 2026-06-30)
$136.4M
Score at report (before → after)
6.16.1/10

Revenue source: xbrl.

Report record · Q2 2026

How the report landed

Genco Shipping & Trading Limite (GNK) beat the $0.56 estimate with diluted EPS of $0.65 — a large 16.5% upside surprise. TrendMatrix's engine moved from Buy (Wait) (6.1/10) to Hold at 6.1/10 after the report.

Current read · as of 2026-08-23

Where TrendMatrix's rating stands now

TrendMatrix currently rates GNK Hold at 6.7/10.

3 of the last 4 quarters beat the estimate; this quarter's +16.5% surprise compares with a +140.3% four-quarter average. Next scheduled report: 2026-11-04.

What supports the rating

  • Strong earnings beat streak (3/4)
  • Strong growth profile

What argues against it

  • Analyst target reached - limited upside remaining
  • Near 52-week high (4.5% away)
  • Target reached (-5.4% upside)

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$26.52
Price target
$27.20
Stop
$24.66
Upside to target
+2.6%

The stock trades at 28.5× trailing but 14.6× forward earnings — consensus estimates already build in a substantial earnings recovery.

Risk check: trading volume is running 3.2× its average — elevated turnover around the report window.

Model outputs from TrendMatrix’s engine as of 2026-08-23 — shown for context, not personalized investment advice.

Industrials context

GNK at TrendMatrix's latest read

Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.

Industry
Marine Shipping
Market cap
$1.16B
P/E (fwd)
14.6
P/E (ttm)
28.5
52-week range
$15.55$27.76
Off 52-week high
4.5%
RSI (14)
61
Volume vs avg
3.17×
Score today
6.7/10

Earnings figures are sourced from TrendMatrix’s pipeline (EPS: existing earnings extraction; revenue: SEC XBRL company facts where available, yfinance-provisional otherwise). Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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