GNK vs. GSL, TNP, NVGS, EGLE, ASC, TK, SB, NMM, CMRE, and OSG
Should you be buying Genco Shipping & Trading stock or one of its competitors? The main competitors of Genco Shipping & Trading include Global Ship Lease (GSL), Tsakos Energy Navigation (TNP), Navigator (NVGS), Eagle Bulk Shipping (EGLE), Ardmore Shipping (ASC), Teekay (TK), Safe Bulkers (SB), Navios Maritime Partners (NMM), Costamare (CMRE), and Overseas Shipholding Group (OSG). These companies are all part of the "deep sea foreign transportation of freight" industry.
Genco Shipping & Trading (NYSE:GNK) and Global Ship Lease (NYSE:GSL) are both small-cap transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their risk, earnings, media sentiment, analyst recommendations, dividends, valuation, profitability, institutional ownership and community ranking.
Genco Shipping & Trading currently has a consensus target price of $21.00, suggesting a potential downside of 5.66%. Global Ship Lease has a consensus target price of $25.00, suggesting a potential upside of 8.04%. Given Global Ship Lease's stronger consensus rating and higher probable upside, analysts clearly believe Global Ship Lease is more favorable than Genco Shipping & Trading.
Genco Shipping & Trading received 175 more outperform votes than Global Ship Lease when rated by MarketBeat users. Likewise, 61.75% of users gave Genco Shipping & Trading an outperform vote while only 59.58% of users gave Global Ship Lease an outperform vote.
58.6% of Genco Shipping & Trading shares are held by institutional investors. Comparatively, 50.1% of Global Ship Lease shares are held by institutional investors. 2.5% of Genco Shipping & Trading shares are held by insiders. Comparatively, 7.4% of Global Ship Lease shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Global Ship Lease has higher revenue and earnings than Genco Shipping & Trading. Genco Shipping & Trading is trading at a lower price-to-earnings ratio than Global Ship Lease, indicating that it is currently the more affordable of the two stocks.
Genco Shipping & Trading has a beta of 1.11, meaning that its stock price is 11% more volatile than the S&P 500. Comparatively, Global Ship Lease has a beta of 1.46, meaning that its stock price is 46% more volatile than the S&P 500.
In the previous week, Genco Shipping & Trading and Genco Shipping & Trading both had 6 articles in the media. Global Ship Lease's average media sentiment score of 0.77 beat Genco Shipping & Trading's score of 0.01 indicating that Global Ship Lease is being referred to more favorably in the news media.
Genco Shipping & Trading pays an annual dividend of $1.64 per share and has a dividend yield of 7.4%. Global Ship Lease pays an annual dividend of $1.50 per share and has a dividend yield of 6.5%. Genco Shipping & Trading pays out -529.0% of its earnings in the form of a dividend. Global Ship Lease pays out 18.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Genco Shipping & Trading is clearly the better dividend stock, given its higher yield and lower payout ratio.
Global Ship Lease has a net margin of 45.12% compared to Genco Shipping & Trading's net margin of -3.35%. Global Ship Lease's return on equity of 29.87% beat Genco Shipping & Trading's return on equity.
Summary
Global Ship Lease beats Genco Shipping & Trading on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding GNK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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