GNK vs. TRMD, ZIM, SBLK, CDLR, DHT, SFL, LPG, CMRE, DAC, and NMM
Should you be buying Genco Shipping & Trading stock or one of its competitors? The main competitors of Genco Shipping & Trading include TORM (TRMD), ZIM Integrated Shipping Services (ZIM), Star Bulk Carriers (SBLK), Cadeler A/S (CDLR), DHT (DHT), SFL (SFL), Dorian LPG (LPG), Costamare (CMRE), Danaos (DAC), and Navios Maritime Partners (NMM). These companies are all part of the "deep sea foreign transportation of freight" industry.
Genco Shipping & Trading (NYSE:GNK) and TORM (NASDAQ:TRMD) are both transportation companies, but which is the better investment? We will contrast the two companies based on the strength of their profitability, media sentiment, earnings, dividends, analyst recommendations, community ranking, risk, valuation and institutional ownership.
Genco Shipping & Trading pays an annual dividend of $1.68 per share and has a dividend yield of 7.5%. TORM pays an annual dividend of $4.38 per share and has a dividend yield of 11.8%. Genco Shipping & Trading pays out 2,800.0% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. TORM pays out 58.7% of its earnings in the form of a dividend. TORM is clearly the better dividend stock, given its higher yield and lower payout ratio.
Genco Shipping & Trading received 315 more outperform votes than TORM when rated by MarketBeat users. Likewise, 61.78% of users gave Genco Shipping & Trading an outperform vote while only 35.71% of users gave TORM an outperform vote.
Genco Shipping & Trading has a beta of 1.11, indicating that its share price is 11% more volatile than the S&P 500. Comparatively, TORM has a beta of 0.16, indicating that its share price is 84% less volatile than the S&P 500.
TORM has higher revenue and earnings than Genco Shipping & Trading. TORM is trading at a lower price-to-earnings ratio than Genco Shipping & Trading, indicating that it is currently the more affordable of the two stocks.
58.6% of Genco Shipping & Trading shares are held by institutional investors. Comparatively, 73.9% of TORM shares are held by institutional investors. 2.5% of Genco Shipping & Trading shares are held by insiders. Comparatively, 0.4% of TORM shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company will outperform the market over the long term.
In the previous week, TORM had 2 more articles in the media than Genco Shipping & Trading. MarketBeat recorded 2 mentions for TORM and 0 mentions for Genco Shipping & Trading. TORM's average media sentiment score of 1.46 beat Genco Shipping & Trading's score of 0.00 indicating that TORM is being referred to more favorably in the news media.
TORM has a net margin of 42.64% compared to Genco Shipping & Trading's net margin of 0.81%. TORM's return on equity of 36.99% beat Genco Shipping & Trading's return on equity.
Genco Shipping & Trading currently has a consensus target price of $25.00, indicating a potential upside of 11.01%. Given Genco Shipping & Trading's higher probable upside, analysts clearly believe Genco Shipping & Trading is more favorable than TORM.
Summary
TORM beats Genco Shipping & Trading on 11 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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