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Genco Shipping & Trading Limited Stock (GNK) Forecast

The Genco Shipping & Trading Limited (GNK) stock price forecast for the next 30 days is generally negative, with an average analyst price target of $14.30, representing a -34.55% decrease from the current price of $21.85. The highest analyst price target is $15.32, and the lowest is $13.29.

Note: Our forecast model does not currently account for dividend and stock split events. This means that our forecast may not be accurate for stocks that have recently experienced either of these events.

Disclaimer: The information on this page is not intended to be financial advice. It is for general information only and should not be used to make any investment decisions. Please consult with a professional financial advisor before making any investment decisions.
12-Month GNK Price Target
Average 13.96 (-36.11% Downside)
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Is Genco Shipping & Trading Limited (GNK) A Buy Now?

Oscillators
Name Value Action
RSI(14) 62.71 Neutral
STOCH(9,6) 85.00 Sell
STOCHRSI(14) 60.51 Neutral
MACD(12,26) 0.4626 Buy
ADX(14) 25.72 Buy
William %R -22.68 Neutral
CCI(14) 91.24 Neutral
Buy: 2 Sell: 1 Neutral: 4
Summary: Neutral
Moving Averages
Period Simple Exponential
MA10
21.59
Buy
21.60
Buy
MA20
21.07
Buy
21.23
Buy
MA50
20.61
Buy
20.36
Buy
MA100
18.79
Buy
19.05
Buy
MA200
16.40
Buy
17.65
Buy
Buy: 10 Sell: 0 Neutral: 0
Summary: Buy
According to our latest analysis, GNK could be considered a Strong Buy, with 17 technical analysis indicators signaling 12 Buy signals, 1 signaling Sell signals and 4 Neutral signals. This might be a good time to open fresh positions on GNK, as trading bullish markets is always a lot easier
  1. RSI (Relative Strength Index): The RSI(14) value of 62.71 indicates that GNK is neither overbought nor oversold. It suggests a neutral sentiment in the short term.
  2. STOCH (Stochastic Oscillator): The STOCH value of 85 indicates that GNK is oversold. This means that GNK price is at or near the highest level over a specified lookback period.
  3. STOCHRSI (Stochastic Relative Strength Index): The STOCHRSI value of 60.51 indicates that GNK is neither overbought nor oversold. It indicates a balanced market sentiment without any extreme buying or selling pressure.
  4. ADX (Average Directional Index): The ADX value of The ADX value of 25.72 suggests a moderate trend in the market. While not exceptionally strong, it indicates that there is some directional movement occurring. You should pay attention to this trend but may also look for confirmation from other technical indicators or fundamental factors.
  5. CCI (Commodity Channel Index): A CCI(14) value of A CCI(14) value of 91.24 indicates that GNK is still overbought but not to an extreme extent.

Long-term GNK price forecast for 2025, 2030, 2035, 2040, 2045 and 2050

Based on our analysis about Genco Shipping & Trading Limited financial reports and earnings history, Genco Shipping & Trading Limited (GNK) stock could reach $7.7571 by 2030, $4.4634 by 2040 and $15.14 by 2050. See the projected annual prices until 2050 of the Genco Shipping & Trading Limited stock below:

  • Genco Shipping & Trading Limited (GNK) is expected to reach an average price of $0.6783 in 2035, with a high prediction of $3.5438 and a low estimate of $0.4817. This indicates an $-96.90% rise from the last recorded price of $21.85.
  • Genco Shipping & Trading Limited (GNK) stock is projected to chart a bullish course in 2040, with an average price target of $3.6599, representing an $-83.25% surge from its current level. The forecast ranges from a conservative $2.6299 to a sky-high $4.4634.
  • Our analysts predict Genco Shipping & Trading Limited (GNK) to jump -71.56% by 2045, soaring from $7.1047 to an average price of $6.2147, potentially reaching $6.9165. While $7.1047 is the low estimate, the potential upside is significant.
  • Genco Shipping & Trading Limited (GNK) stock is expected to climb by 2050, reaching an average of $15.27, a $-30.10% jump from its current level. However, a wide range of estimates exists, with high and low targets of $15.14 and $15.12, respectively, highlighting the market's uncertainty.

Genco Shipping & Trading Limited Stock (GNK) Year by Year Forecast

Genco Shipping & Trading Limited Stock (GNK) Price Forecast for 2024

Our forecast for GNK stock price in 2024 now indicates an average price target of $16.76 with a high forecast of $22.60 and a low forecast of $10.93. The average prediction reflects an decrease of -23.28% from the last recorded price of $21.85.
Month Average Low High Change from today's price
June, 2024 $13.94 $13.29 $15.32 -36.20%
July, 2024 $10.95 $10.93 $13.91 -49.90%
August, 2024 $12.52 $11.10 $13.05 -42.69%
September, 2024 $11.96 $11.81 $12.82 -45.28%
October, 2024 $12.62 $11.87 $13.55 -42.22%
November, 2024 $12.38 $11.88 $12.60 -43.34%
December, 2024 $13.15 $11.54 $13.18 -39.84%

Genco Shipping & Trading Limited Stock (GNK) Price Forecast for 2025

Genco Shipping & Trading Limited Stock (GNK) is expected to reach an average price of $15.29 in 2025, with a high prediction of $21.12 and a low estimate of $9.4628. This indicates an -30.02% fall from the last recorded price of $21.85.
Month Average Low High Change from today's price
January, 2025 $11.99 $11.44 $13.31 -45.12%
February, 2025 $14.10 $11.22 $14.14 -35.48%
March, 2025 $15.04 $12.61 $15.12 -31.15%
April, 2025 $16.40 $14.25 $16.43 -24.94%
May, 2025 $16.32 $15.53 $17.00 -25.33%
June, 2025 $19.31 $16.09 $19.51 -11.62%
July, 2025 $19.16 $17.99 $19.84 -12.32%
August, 2025 $19.59 $18.66 $20.52 -10.35%
September, 2025 $12.71 $11.96 $21.12 -41.84%
October, 2025 $10.96 $9.8019 $13.85 -49.83%
November, 2025 $9.4828 $9.4628 $11.64 -56.60%
December, 2025 $11.12 $9.6355 $11.59 -49.12%

Genco Shipping & Trading Limited Stock (GNK) Price Forecast for 2026

The predicted value for Genco Shipping & Trading Limited (GNK) in 2026 is set at an average of $14.72. Estimates vary from a peak of $19.64 to a trough of $9.7965, indicating an -32.64% surge from the present price of $21.85.
Month Average Low High Change from today's price
January, 2026 $11.60 $10.36 $11.66 -46.92%
February, 2026 $11.18 $10.67 $12.10 -48.84%
March, 2026 $10.94 $10.44 $11.15 -49.93%
April, 2026 $11.55 $10.10 $11.87 -47.13%
May, 2026 $10.56 $10.01 $11.80 -51.65%
June, 2026 $12.67 $9.7965 $12.71 -41.99%
July, 2026 $13.76 $11.19 $13.88 -37.03%
August, 2026 $14.99 $12.84 $15.02 -31.40%
September, 2026 $17.06 $14.12 $17.13 -21.91%
October, 2026 $17.62 $16.46 $18.44 -19.34%
November, 2026 $17.76 $16.60 $18.42 -18.70%
December, 2026 $18.80 $17.27 $19.64 -13.96%

Genco Shipping & Trading Limited Stock (GNK) Price Forecast for 2027

For 2027, Stockscan's Analyst expects the average price target for Genco Shipping & Trading Limited (GNK) is $10.89, with a high forecast of $13.77 and a low forecast of $7.9992. This indicates an -50.18% decrease from the last price of $21.85.
Month Average Low High Change from today's price
January, 2027 $10.35 $10.34 $12.79 -52.65%
February, 2027 $9.4928 $8.3328 $12.37 -56.55%
March, 2027 $9.2133 $7.9992 $10.18 -57.83%
April, 2027 $9.6597 $8.9197 $10.13 -55.79%
May, 2027 $10.15 $8.907 $10.21 -53.56%
June, 2027 $9.0365 $9.0165 $10.65 -58.64%
July, 2027 $9.3929 $8.9979 $9.6429 -57.01%
August, 2027 $10.12 $8.662 $10.44 -53.69%
September, 2027 $9.1998 $8.3698 $10.37 -57.90%
October, 2027 $11.87 $9.2039 $11.89 -45.69%
November, 2027 $12.34 $9.7653 $12.47 -43.51%
December, 2027 $13.31 $11.43 $13.77 -39.07%

Genco Shipping & Trading Limited Stock (GNK) Price Forecast for 2028

In 2028, Genco Shipping & Trading Limited (GNK) is projected to reach an average price of $12.35, with a high projection of $18.16 and a low estimate of $6.5356. This indicates an -43.49% fall from the last price of $21.85.
Month Average Low High Change from today's price
January, 2028 $15.66 $12.72 $15.73 -28.33%
February, 2028 $16.23 $15.06 $17.05 -25.74%
March, 2028 $16.38 $15.20 $17.03 -25.05%
April, 2028 $17.32 $16.26 $18.16 -20.73%
May, 2028 $10.41 $8.8619 $11.31 -52.37%
June, 2028 $8.1192 $6.8637 $10.90 -62.84%
July, 2028 $7.751 $6.5356 $8.2496 -64.53%
August, 2028 $7.9083 $7.4629 $8.672 -63.81%
September, 2028 $8.7002 $7.4543 $8.8602 -60.18%
October, 2028 $7.5921 $7.5721 $9.2057 -65.25%
November, 2028 $7.7294 $7.2244 $8.2039 -64.63%
December, 2028 $8.4712 $7.6048 $9.0065 -61.23%

Genco Shipping & Trading Limited Stock (GNK) Price Forecast for 2029

The 2029 price forecast for Genco Shipping & Trading Limited Stock (GNK) is $10.88 on average, with a high prediction of $16.68 and a low estimate of $5.072. This represents an -50.22% decrease from the previous price of $21.85.
Month Average Low High Change from today's price
January, 2029 $8.6586 $6.9431 $8.8786 -60.37%
February, 2029 $8.6304 $8.3454 $10.47 -60.50%
March, 2029 $11.24 $8.6059 $11.62 -48.55%
April, 2029 $11.90 $10.01 $12.36 -45.52%
May, 2029 $14.79 $11.31 $14.83 -32.30%
June, 2029 $14.83 $13.80 $15.65 -32.11%
July, 2029 $14.99 $14.05 $15.64 -31.42%
August, 2029 $7.6968 $7.5268 $16.68 -64.77%
September, 2029 $8.9341 $7.3873 $8.9641 -59.11%
October, 2029 $6.3683 $5.3946 $9.431 -70.85%
November, 2029 $6.6656 $5.072 $6.9256 -69.49%
December, 2029 $6.4529 $6.0061 $7.2124 -70.47%

Genco Shipping & Trading Limited Stock (GNK) Price Forecast for 2030

Genco Shipping & Trading Limited Stock (GNK) is expected to reach an average price of $10.36 in 2030, with a high forecast of $15.20 and a low forecast of $5.5164. This signifies an -52.59% decrease from the last price of $21.85.
Month Average Low High Change from today's price
January, 2030 $6.6971 $6.0016 $7.7571 -69.35%
February, 2030 $6.4544 $6.1276 $7.2589 -70.46%
March, 2030 $6.2917 $5.7867 $6.7649 -71.20%
April, 2030 $7.039 $6.1686 $7.5729 -67.78%
May, 2030 $7.2332 $5.5164 $7.4532 -66.90%
June, 2030 $7.2105 $6.9255 $9.0487 -67.00%
July, 2030 $8.8847 $7.1873 $10.21 -59.34%
August, 2030 $10.22 $8.9265 $11.14 -53.22%
September, 2030 $13.39 $10.18 $13.43 -38.72%
October, 2030 $13.35 $12.41 $14.25 -38.89%
November, 2030 $14.60 $12.96 $14.67 -33.18%
December, 2030 $6.2182 $6.0482 $15.20 -71.54%
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