Stock Taper 
| DATE | TYPE | RATIO |
|---|---|---|
| 2016-07-08 | Reverse | 1:10 |
Genco Shipping & Trading Limited owns and operates a fleet of 44 dry bulk carriers worldwide, transporting iron ore, coal, grains, and steel products primarily through charters to trading houses, producers, and governments.
Genco transports dry bulk commodities globally, connecting producers and consumers through its modern fleet of Capesize, Ultramax, and Supramax vessels, supporting essential international trade.
In November 2025, Genco Shipping & Trading became the subject of intense investor and media focus after receiving an unsolicited, non-binding takeover offer from its largest shareholder, Diana Shipping Inc. The cash offer of $20.60 per share valued the company at approximately $890 million and represented a significant premium to its trading price at the time, sparking a notable rally in Genco's stock.
Genco Shipping & Trading Limited's Board of Directors adopted a one-year limited duration shareholder rights plan, commonly known as a 'poison pill', in October 2025 and subsequently amended it in November 2025. This defensive strategy was implemented to protect shareholder interests and prevent any single entity from gaining control of the company through open-market accumulation, following the rapid accumulation of its stock by a competitor and a subsequent non-binding acquisition proposal from Diana Shipping Inc.
Shares of Genco Shipping and Trading Limited (NYSE: GNK - Get Free Report) have earned an average recommendation of "Moderate Buy" from the six brokerages that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average
Overall rating: B-
| PEER | PRICE | |
|---|---|---|
 SFL | $13.43 | COMPARE |
 NAT | $8.30 | COMPARE |
 GHM | $84.25 | COMPARE |
 SB | $8.54 | COMPARE |
 TRNS | $87.39 | COMPARE |
 ASC | $18.66 | COMPARE |
 CRESY | $11.72 | COMPARE |
 BWMN | $42.79 | COMPARE |
