GOGL 📈 Golden Ocean - Overview
Exchange: NASDAQ • Country: Bermuda • Currency: USD • Type: Common Stock • ISIN: BMG396372051
GOGL: Ores, Coal, Grains, Fertilizers
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. Web URL: https://www.goldenocean.bm
Additional Sources for GOGL Stock
News:
Wall Street Journal
Benzinga
Yahoo Finance
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
Tweets: X Stocktwits
Fund Manager Positions: Dataroma Stockcircle
GOGL Stock Overview
| Market Cap in USD | 1,912m |
| Sector | Industrials |
| Industry | Marine Shipping |
| GiC Sub-Industry | Marine Transportation |
| IPO / Inception | 1997-02-06 |
GOGL Stock Ratings
| Growth 5y | 64.8% |
| Fundamental | 51.2% |
| Dividend | 70.4% |
| Rel. Strength Industry | 0.34 |
| Analysts | 4/5 |
| Fair Price Momentum | 9.43 USD |
| Fair Price DCF | 39.50 USD |
GOGL Dividends
| Dividend Yield 12m | 10.33% |
| Yield on Cost 5y | 26.87% |
| Annual Growth 5y | 9.00% |
| Payout Consistency | 59.7% |
GOGL Growth Ratios
| Growth Correlation 3m | -81.9% |
| Growth Correlation 12m | 1.1% |
| Growth Correlation 5y | 87% |
| CAGR 5y | 21.00% |
| CAGR/Mean DD 5y | 0.85 |
| Sharpe Ratio 12m | 0.03 |
| Alpha | -25.05 |
| Beta | 0.92 |
| Volatility | 33.35% |
| Current Volume | 1664.1k |
| Average Volume 20d | 2040.5k |
What is the price of GOGL stocks?
As of December 22, 2024, the stock is trading at USD 8.71 with a total of 1,664,104 shares traded.
Over the past week, the price has changed by -4.39%, over one month by -23.99%, over three months by -26.17% and over the past year by +5.50%.
As of December 22, 2024, the stock is trading at USD 8.71 with a total of 1,664,104 shares traded.
Over the past week, the price has changed by -4.39%, over one month by -23.99%, over three months by -26.17% and over the past year by +5.50%.
Is Golden Ocean a good stock to buy?
Partly, yes. Based on ValueRay Fundamental Analyses, Golden Ocean (NASDAQ:GOGL) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 51.21 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 December 2024 is 9.43. This means that GOGL is currently overvalued and has a potential downside of 8.27%.
Partly, yes. Based on ValueRay Fundamental Analyses, Golden Ocean (NASDAQ:GOGL) is currently (December 2024) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 51.21 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 December 2024 is 9.43. This means that GOGL is currently overvalued and has a potential downside of 8.27%.
Is GOGL a buy, sell or hold?
Golden Ocean has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy GOGL.
Golden Ocean has received a consensus analysts rating of 4.00. Therefor, it is recommend to buy GOGL.
- Strong Buy: 2
- Buy: 1
- 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 10.2 in December 2025. The stock is currently trading at 8.71. This means that the stock has a potential upside of +17.57%.
According to ValueRays Forecast Model, GOGL Golden Ocean will be worth about 10.2 in December 2025. The stock is currently trading at 8.71. This means that the stock has a potential upside of +17.57%.
| Issuer | Forecast | Upside |
|---|---|---|
| Wallstreet Target Price | 13.8 | 58.3% |
| Analysts Target Price | 10.4 | 19.1% |
| ValueRay Target Price | 10.2 | 17.6% |