2023-04-16 20:24:19 ET
Summary
- Genco has a generous and sustainable dividend policy that rewards shareholders with an annualized yield of 17% on the current stock price.
- GNK has a strong competitive advantage in the dry bulk shipping industry, with a diverse fleet of 44 vessels, a flexible operational strategy, and a loyal customer base.
- The intrinsic value of GNK’s stock is estimated to be $32.64 per share, which implies an upside potential of over 70% from the current stock price.
- Genco is deeply discounted compared to its peers, which belong to an industry that is already undervalued.
For further details see:
Genco: Profit From The Dry Bulk Shipping Recovery With A Margin Of Safety