(GOGL) Golden Ocean - Ratings and Ratios

Exchange: NASDAQ • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: BMG396372051

GOGL: Ores, Coal, Grains, Fertilizers

Golden Ocean Group Limited is a shipping company that owns and operates a sizable fleet of dry bulk vessels, which are deployed worldwide to transport a wide range of bulk commodities. These commodities include ores, coal, grains, and fertilizers, among others, and are essential to various industries such as construction, manufacturing, and agriculture. The company's fleet is composed of different types of vessels, including Newcastlemax, Capesize, and Panamax vessels, each designed to navigate specific routes and handle particular cargo volumes.

The company's vessels operate in both the spot and time charter markets, providing flexibility in terms of deployment and revenue streams. In the spot market, vessels are chartered for a single voyage, allowing for quick responses to changing market conditions. In contrast, time charter arrangements involve leasing vessels for a specified period, offering a more stable source of income. As of the latest available data, Golden Ocean Group Limited's fleet consisted of 83 dry bulk vessels, positioning the company as a significant player in the global marine transportation sector.

Golden Ocean Group Limited is headquartered in Hamilton, Bermuda, and its operations are managed from this location. The company is publicly traded, with its common stock listed on the NASDAQ exchange under the ticker symbol GOGL. Its ISIN, BMG396372051, is a unique identifier used for trading and clearing purposes. Classified under the GICS Sub Industry of Marine Transportation, Golden Ocean Group Limited falls within a broader category of companies that provide water transportation services, including deep sea freight transportation. More information about the company can be found on its official website, https://www.goldenocean.bm, which offers insights into its operations, fleet, and financial performance.

Additional Sources for GOGL Stock

GOGL Stock Overview

Market Cap in USD 1,787m
Sector Industrials
Industry Marine Shipping
GiC Sub-Industry Marine Transportation
IPO / Inception 1997-02-06

GOGL Stock Ratings

Growth 5y 65.2%
Fundamental 51.6%
Dividend 73.3%
Rel. Strength Industry -140
Analysts 4.2/5
Fair Price Momentum 10.15 USD
Fair Price DCF 39.62 USD

GOGL Dividends

Dividend Yield 12m 13.45%
Yield on Cost 5y 45.11%
Annual Growth 5y 88.82%
Payout Consistency 61.1%

GOGL Growth Ratios

Growth Correlation 3m -77.5%
Growth Correlation 12m -37.2%
Growth Correlation 5y 86.7%
CAGR 5y 27.42%
CAGR/Mean DD 5y 1.23
Sharpe Ratio 12m -0.08
Alpha -28.60
Beta 0.90
Volatility 34.40%
Current Volume 1903.9k
Average Volume 20d 1377.6k
What is the price of GOGL stocks?
As of January 22, 2025, the stock is trading at USD 8.92 with a total of 1,903,913 shares traded.
Over the past week, the price has changed by -4.39%, over one month by -0.56%, over three months by -16.21% and over the past year by -4.38%.
Is Golden Ocean a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Golden Ocean (NASDAQ:GOGL) is currently (January 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 51.60 and therefor a somewhat positive outlook according to the companies health.
Based on ValueRays Analyses, Dividends and Discounted-Cash-Flow, the Fair Value of GOGL as of January 2025 is 10.15. This means that GOGL is currently undervalued and has a potential upside of +13.79% (Margin of Safety).
Is GOGL a buy, sell or hold?
Golden Ocean has received a consensus analysts rating of 4.20. Therefor, it is recommend to buy GOGL.
  • Strong Buy: 3
  • Buy: 0
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0
What are the forecast for GOGL stock price target?
According to ValueRays Forecast Model, GOGL Golden Ocean will be worth about 11 in January 2026. The stock is currently trading at 8.92. This means that the stock has a potential upside of +23.32%.
Issuer Forecast Upside
Wallstreet Target Price 13.8 54.6%
Analysts Target Price 13.8 54.6%
ValueRay Target Price 11 23.3%