NASDAQ:GOGL Golden Ocean Group (GOGL) Stock Price, News & Analysis $12.15 -0.12 (-0.98%) (As of 09:01 AM ET) Add Compare Share Share Today's Range$12.15▼$12.1550-Day Range$11.15▼$14.1252-Week Range$6.89▼$15.77Volume8,602 shsAverage Volume1.62 million shsMarket Capitalization$2.43 billionP/E Ratio13.06Dividend Yield9.88%Price Target$15.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Golden Ocean Group alerts: Email Address Golden Ocean Group MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside26.3% Upside$15.50 Price TargetShort InterestHealthy2.85% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.45Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth22.38%From $1.43 to $1.75 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.3.86 out of 5 starsTransportation Sector36th out of 126 stocksWater Transportation Industry7th out of 19 stocks 3.0 Analyst's Opinion Consensus RatingGolden Ocean Group has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageGolden Ocean Group has received no research coverage in the past 90 days.Read more about Golden Ocean Group's stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted2.85% of the float of Golden Ocean Group has been sold short.Short Interest Ratio / Days to CoverGolden Ocean Group has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Golden Ocean Group has recently decreased by 7.36%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipGolden Ocean Group is a leading dividend payer. It pays a dividend yield of 9.97%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthGolden Ocean Group does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Golden Ocean Group is 129.03%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on earnings estimates, Golden Ocean Group will have a dividend payout ratio of 68.57% next year. This indicates that Golden Ocean Group will be able to sustain or increase its dividend.Read more about Golden Ocean Group's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for GOGL. Previous Next 1.9 News and Social Media Coverage News SentimentGolden Ocean Group has a news sentiment score of 0.45. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Golden Ocean Group this week, compared to 3 articles on an average week.Search InterestOnly 14 people have searched for GOGL on MarketBeat in the last 30 days. This is a decrease of -26% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Golden Ocean Group to their MarketBeat watchlist in the last 30 days. This is a decrease of -17% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Golden Ocean Group insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 22.00% of the stock of Golden Ocean Group is held by institutions.Read more about Golden Ocean Group's insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Golden Ocean Group are expected to grow by 22.38% in the coming year, from $1.43 to $1.75 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Golden Ocean Group is 13.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.39.Price to Earnings Ratio vs. SectorThe P/E ratio of Golden Ocean Group is 13.19, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.27.Price to Book Value per Share RatioGolden Ocean Group has a P/B Ratio of 1.27. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Golden Ocean Group's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsSecure this "AI Fuel" Stock Before the Billionaires Buy It AllAccording to the Washington Post, America is running out of a crucial component for AI. Without this "AI fuel," firms like NVIDIA would have to shut down their operations.Click here for the ticker >>> About Golden Ocean Group Stock (NASDAQ:GOGL)Golden Ocean Group Limited, a shipping company, owns and operates a fleet of dry bulk vessels worldwide. The company's dry bulk vessels comprise Newcastlemax, Capesize, and Panamax vessels operating in the spot and time charter markets. It also transports a range of bulk commodities, including ores, coal, grains, and fertilizers. As of March 20, 2024, the company owned a fleet of 83 dry bulk vessels. Golden Ocean Group Limited is based in Hamilton, Bermuda.Read More GOGL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart GOGL Stock News HeadlinesAugust 20 at 7:44 AM | finanznachrichten.deGolden Ocean Group Limited: GOGL - Invitation to presentation of Q2 2024 ResultsAugust 20 at 7:00 AM | globenewswire.comGOGL – Invitation to presentation of Q2 2024 ResultsAugust 22, 2024 | Insiders Exposed (Ad)$5k to $1.3m in just 3 tradesIt doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.August 20 at 5:08 AM | americanbankingnews.comGolden Ocean Group Limited (NASDAQ:GOGL) Sees Significant Decline in Short InterestAugust 16, 2024 | americanbankingnews.comGolden Ocean Group (NASDAQ:GOGL) Stock Rating Lowered by StockNews.comAugust 8, 2024 | benzinga.comGolden Ocean Group (NASDAQ:GOGL) Stock Quotes, Forecast and News SummaryAugust 8, 2024 | finanznachrichten.deGolden Ocean Group Limited: GOGL - 2023 Environmental, Social and Governance (ESG) ReportAugust 8, 2024 | globenewswire.comGOGL – 2023 Environmental, Social and Governance (ESG) ReportAugust 22, 2024 | Crypto 101 Media (Ad)This Crypto Is Set to Explode in AugustWith thousands of cryptocurrencies out there, it's crucial to focus on the ONE that has the potential to make HUGE gains. Industry Giants are Investing Heavily in Blockchain Technology and THIS COIN is at the Heart of Their Strategy. It's a groundbreaking opportunity that could be poised for extraordinary gains. August 1, 2024 | finance.yahoo.comWall Street's Most Accurate Analysts Weigh In On 3 Industrials Stocks With Over 4% Dividend YieldsJuly 27, 2024 | msn.comWhy Are Hedge Funds Bullish on Golden Ocean Group Limited (GOGL) Now?July 19, 2024 | finance.yahoo.comGolden Ocean Group Ltd (KT31.MU)June 6, 2024 | investorplace.comPortfolio Boosters: 3 Standout Stocks Set to Double This YearJune 4, 2024 | 247wallst.comWant $10,000 In Passive Income? Invest $12,500 Into These 7 Dividend StocksMay 29, 2024 | finanznachrichten.deGolden Ocean Group Limited: GOGL - Transition of Chief Executive OfficerMay 29, 2024 | globenewswire.comGOGL - Transition of Chief Executive OfficerMay 25, 2024 | seekingalpha.comGolden Ocean Group Limited (GOGL) Q1 2024 Earnings Call TranscriptMay 23, 2024 | msn.comGolden Ocean Group Limited (NASDAQ:GOGL) Q1 2024 Earnings Call TranscriptSee More Headlines Receive GOGL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Golden Ocean Group and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings11/23/2021Ex-Dividend for 6/17 Dividend6/07/2024Dividend Payable6/17/2024Today8/22/2024Next Earnings (Confirmed)8/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation Current SymbolNASDAQ:GOGL Previous SymbolNASDAQ:VLCCF CUSIPG5299G10 CIK1029145 Webwww.goldenocean.bm Phone(441) 295-6935Fax1-441-295-3494Employees38Year Founded2004Price Target and Rating Average Stock Price Target$15.50 High Stock Price Target$15.50 Low Stock Price Target$15.50 Potential Upside/Downside+26.3%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.93 Trailing P/E Ratio13.19 Forward P/E Ratio8.58 P/E GrowthN/ANet Income$112.27 million Net Margins19.92% Pretax Margin19.98% Return on Equity8.67% Return on Assets4.71% Debt Debt-to-Equity Ratio0.68 Current Ratio1.25 Quick Ratio1.25 Sales & Book Value Annual Sales$885.77 million Price / Sales2.77 Cash Flow$1.31 per share Price / Cash Flow9.38 Book Value$9.63 per share Price / Book1.27Miscellaneous Outstanding Shares199,630,000Free FloatN/AMarket Cap$2.45 billion OptionableOptionable Beta1.16 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Peder Carl Gram Simonsen (Age 50)Chief Financial Officer of Golden Ocean Management AS Mr. Lars-Christian Svensen (Age 38)Chief Executive Officer of Golden Ocean Management AS Mr. Tord BrathHead of Global OperationsKey CompetitorsTeekay LNG PartnersNYSE:TGPHöegh LNG PartnersNYSE:HMLPFrontlineNYSE:FROScorpio TankersNYSE:STNGGolar LNGNASDAQ:GLNGView All CompetitorsInstitutional OwnershipSusquehanna Fundamental Investments LLCBought 77,971 shares on 8/15/2024Ownership: 0.069%AQR Capital Management LLCBought 126,516 shares on 8/15/2024Ownership: 0.063%The Manufacturers Life Insurance Company Bought 1,300 shares on 8/15/2024Ownership: 0.022%ProShare Advisors LLCSold 5,632 shares on 8/14/2024Ownership: 0.008%EverSource Wealth Advisors LLCBought 8,791 shares on 8/14/2024Ownership: 0.005%View All Institutional Transactions GOGL Stock Analysis - Frequently Asked Questions How have GOGL shares performed this year? Golden Ocean Group's stock was trading at $9.76 on January 1st, 2024. Since then, GOGL shares have increased by 25.7% and is now trading at $12.27. View the best growth stocks for 2024 here. How were Golden Ocean Group's earnings last quarter? Golden Ocean Group Limited (NASDAQ:GOGL) issued its earnings results on Tuesday, November, 23rd. The shipping company reported $0.95 earnings per share for the quarter, topping analysts' consensus estimates of $0.55 by $0.40. The shipping company had revenue of $387.62 million for the quarter, compared to analysts' expectations of $251.80 million. Golden Ocean Group had a net margin of 19.92% and a trailing twelve-month return on equity of 8.67%. When did Golden Ocean Group's stock split? Golden Ocean Group's stock reverse split on Monday, August 1st 2016. The 1-5 reverse split was announced on Wednesday, July 27th 2016. The number of shares owned by shareholders was adjusted after the closing bell on Friday, July 29th 2016. An investor that had 100 shares of stock prior to the reverse split would have 20 shares after the split. Who are Golden Ocean Group's major shareholders? Golden Ocean Group's top institutional investors include Marshall Wace LLP (0.78%), Hosking Partners LLP (0.68%), Assenagon Asset Management S.A. (0.63%) and Hsbc Holdings PLC (0.59%). How do I buy shares of Golden Ocean Group? Shares of GOGL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Golden Ocean Group own? Based on aggregate information from My MarketBeat watchlists, some other companies that Golden Ocean Group investors own include Scorpio Bulkers (SALT), Star Bulk Carriers (SBLK), Intel (INTC), Tsakos Energy Navigation (TNP), Uniti Group (UNIT), Capital Product Partners (CPLP) and Enterprise Products Partners (EPD). This page (NASDAQ:GOGL) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... And it could hand you a payment fo...Angel Publishing | SponsoredTrump is sounding the alarmEurope is one of the latest to release a central bank digital currency and along with it, new cash rules. 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