Genco Shipping & Trading Market capitalization 2024

YEAR	Market Capitalization (undefined USD)
2023	639.58
2022	764.3
2021	581.77
2020	287.23
2019	379.08
2018	531.03
2017	382.08
2016	48.42
2015	404.06
2014	491.07
2013	11.07
2012	18.34
2011	30.68
2010	62.93
2009	-
2008	-
2007	-
2006	-
2005	-
2004	-

YEAR

Market Capitalization (undefined USD)

2023

639.58

2022

764.3

2021

581.77

2020

287.23

2019

379.08

2018

531.03

2017

382.08

2016

48.42

2015

404.06

2014

491.07

2013

11.07

2012

18.34

2011

30.68

2010

62.93

2009

2008

2007

2006

2005

2004

Genco Shipping & Trading Aktienanalyse

What does Genco Shipping & Trading do?

Genco Shipping & Trading Ltd is a leading company in the field of international shipping and trading services. The company was founded in New York in 2005 and has since developed into a global player. Genco focuses on the transportation of energy raw materials such as coal, iron ore, coke and steel, grains, and other bulk commodities. Genco has a fleet of modern and efficient vessels that serve the constantly increasing demand for global trade. The company is committed to providing its customers with top-class services and places great importance on safety, quality, and environmental protection. Genco operates its business in three main areas: time charter, spot charter, and trading. The time charter segment offers customers the opportunity to charter vessels on a long-term basis, thereby increasing planning security. The spot charter involves short-term chartering of vessels to be able to react promptly to changing market situations. In the trading business, Genco buys and sells vessels and commodities to offer financial and risk management services. Genco is a key player in the global shipping industry and has earned a good reputation as a reliable and efficient provider of maritime transport services. The company strives to maintain and expand its leading position in the competitive market of international shipping. Genco leverages state-of-the-art technology to optimize the operation of its fleet and ensure maximum efficiency. In recent years, the company has deliberately modernized its fleet and embraced the use of environmentally friendly technologies such as LNG, ballast water treatment systems, and exhaust gas cleaning technologies. Genco is a significant player in the global shipping market and offers its customers a wide range of services. The product range extends from pure transportation services to complex financial and risk management services. In addition to its transportation services, Genco also provides services in the area of ship management and operation. The company can draw on extensive experience in ship management and offers its customers a wide range of services, including technical monitoring and repairs, crew management, insurance, and legal services. Genco is committed to providing its customers with the best possible services to meet their individual requirements. The company works closely with its customers to provide customized solutions that meet their needs. In summary, Genco Shipping & Trading Ltd is a leading provider of services in the field of international shipping and trade. With a modern fleet and a wide range of services, the company offers its customers top-class services and distinguishes itself through high quality, efficiency, and environmental consciousness. The company works closely with its customers to develop individual solutions and maintain its leading position in the shipping industry. Genco Shipping & Trading ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Genco Shipping & Trading's Market Capitalization

Genco Shipping & Trading's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Genco Shipping & Trading's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Genco Shipping & Trading's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Genco Shipping & Trading’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Genco Shipping & Trading stock

What is the current Genco Shipping & Trading market capitalization?

The current market capitalization of Genco Shipping & Trading is 711.2 M USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Genco Shipping & Trading.

How has the market capitalization of Genco Shipping & Trading developed in recent years?

The market capitalization of Genco Shipping & Trading has increased/decreased by 24.59% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Genco Shipping & Trading?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Genco Shipping & Trading?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Genco Shipping & Trading have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Genco Shipping & Trading pay?

Over the past 12 months, Genco Shipping & Trading paid a dividend of 0.95 USD . This corresponds to a dividend yield of about 5.71 %. For the coming 12 months, Genco Shipping & Trading is expected to pay a dividend of 1.02 USD.

What is the dividend yield of Genco Shipping & Trading?

The current dividend yield of Genco Shipping & Trading is 5.71 %.

When does Genco Shipping & Trading pay dividends?

Genco Shipping & Trading pays a quarterly dividend. This is distributed in the months of December, April, June, September.

How secure is the dividend of Genco Shipping & Trading?

Genco Shipping & Trading paid dividends every year for the past 9 years.

What is the dividend of Genco Shipping & Trading?

For the upcoming 12 months, dividends amounting to 1.02 USD are expected. This corresponds to a dividend yield of 6.16 %.

In which sector is Genco Shipping & Trading located?

Genco Shipping & Trading is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Genco Shipping & Trading kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Genco Shipping & Trading from 8/26/2024 amounting to 0.34 USD, you needed to have the stock in your portfolio before the ex-date on 8/19/2024.

When did Genco Shipping & Trading pay the last dividend?

The last dividend was paid out on 8/26/2024.

What was the dividend of Genco Shipping & Trading in the year 2023?

In the year 2023, Genco Shipping & Trading distributed 2.74 USD as dividends.

In which currency does Genco Shipping & Trading pay out the dividend?

The dividends of Genco Shipping & Trading are distributed in USD.