GENCO SHIPPING & TRADING LTD

Day range

$25.33 – $25.96

Open

$25.89

Prev close

$25.63

Volume

195.01K

Market cap

$1.12B

Shares out

43.59M

P/E

27.71

P/S

2.53

P/B

1.26

P/FCF

—

ROE

4.5%

ROA

3.2%

Debt/Equity

0.36

Div yield

4.55%

As of Oct 23, 2026

• Shareholder rights planSep 25, 2026

  On September 25, 2026, Genco Shipping & Trading Limited entered into the Fourth Amendment to Shareholders Rights Agreement... The Fourth Amendment extends the Final Expiration Date to September 30, 2027, [and] revises certain provisions of the Rights Agreement pertaining to Qualifying Offers.

• Shareholder rights planJun 23, 2026

  The shareholders of the Company ratified the Company's Shareholder Rights Agreement and approved an extension to the expiration date. The voting results were as follows: Votes For: 17,975,647; Votes Against: 15,320,517.

• Shareholder rights planJun 2, 2026

  On June 2, 2026, Genco Shipping & Trading Limited (the "Company") entered into the Third Amendment to Shareholders Rights Agreement (the "Third Amendment") to amend the Shareholder Rights Agreement, dated as of October 1, 2025... The Company's Board of Directors (the "Board") determined that, based on shareholder feedback and its ongoing assessment of the facts and circumstances, it would be in the best interests of the Company and its shareholders to eliminate the defined term "Acting in Concert" from the Rights Agreement.

• Shareholder rights planMay 1, 2026

  On May 1, 2026, Genco Shipping & Trading Limited (the "Company") entered into the Second Amendment to Shareholder Rights Agreement (the "Second Amendment") to amend the Shareholder Rights Agreement, dated as of October 1, 2025 (the "Rights Agreement")... The effect of the Second Amendment is to rescind the First Amendment such that the Rights Agreement is in full force and effect except for those changes made in the First Amendment.

• Credit facilityMar 5, 2026

  Genco Shipping & Trading Limited and certain of its vessel-owning and other subsidiaries entered into a Sixth Amendment to Credit Agreement with Nordea Bank Abp and other lenders to amend and upsize its $600 million revolving credit facility by $80 million for total borrowing capacity of $680 million through the existing accordion feature of the facility.

• SBLKStar Bulk Carriers Corp.+0.38%
• SBSafe Bulkers, Inc.+0.55%
• GSLGlobal Ship Lease, Inc.+0.37%
• CMRECostamare Inc.-0.53%
• DACDanaos Corporation+0.17%
• NMMNavios Maritime Partners L.P.+0.29%

Days to cover

2.9

Short interest

1.49M

Avg volume

521.7K

As of Sep 30, 2026 · reported to FINRA twice monthly.

• Diana Shipping Inc. Announces Extension of Tender Offer for All Outstanding Shares of Genco Shipping & Trading
  positiveGlobeNewswire Inc.· Jul 13, 2026
• Genco Shipping & Trading Limited Responds to Diana Shipping Extending its Inadequate $24.80 Unsolicited Tender Offer
  positiveGlobeNewswire Inc.· Jun 29, 2026
• Diana Shipping Inc. Reaffirms Offer to Acquire Genco Shipping & Trading
  positiveGlobeNewswire Inc.· Jun 18, 2026
• Genco Shipping & Trading Limited Shareholders Overwhelmingly Re-Elect All Genco Director Nominees at 2026 Annual Meeting
  positiveGlobeNewswire Inc.· Jun 18, 2026
• Diana Shipping Falls As Bigger Genco Bid Meets Investor Caution Before Shareholder Vote
  negativeBenzinga· Jun 17, 2026