In the latest trading session,, 0.88 million Golden Ocean Group Limited (NASDAQ:GOGL) shares changed hands as the company’s beta touched 1.14. With the company’s most recent per share price at $7.57 changed hands at -$0.22 or -2.82% at last look, the market valuation stands at $1.51B. GOGL’s current price is a discount, trading about -108.32% off its 52-week high of $15.77. The share price had its 52-week low at $6.27, which suggests the last value was 17.17% up since then.
Analysts gave the Golden Ocean Group Limited (GOGL) stock a consensus recommendation rating of Hold, calculated at a mean rating of 2.43. If we narrow down to specifics, the data shows that 1 out of 3 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 2 recommended GOGL as a Hold, 0 felt it is a Buy and 0 rated the stock as Underweight.
Golden Ocean Group Limited (NASDAQ:GOGL) trade information
Instantly GOGL was in red as seen in intraday trades today. With action -6.20%, the performance over the past five days has been red. The company’s shares are showing year-to-date downside of -15.51%, with the 5-day performance at -6.20% in the red. However, in the 30-day time frame, Golden Ocean Group Limited (NASDAQ:GOGL) is 7.53% up.
The consensus price target for the stock as assigned by Wall Street analysts is 16.75, meaning bulls need an upside of 54.81% from its recent market value. According to analyst projections, GOGL’s forecast low is 15.5 with 18 as the target high. To hit the forecast high, the stock’s price needs a -137.78% plunge from its current level, while the stock would need to soar -104.76% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 33.97%. The 2025 estimates are for Golden Ocean Group Limited earnings to decrease by -43.82%, but the outlook for the next 5-year period is at 25.89% per year.
GOGL Dividends
Golden Ocean Group Limited is expected to release its next quarterly earnings report in June. The 13.87% annual yield figure for the share gives it an annual dividend of 1.05. It is important to note, however, that the 13.87% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 3.2349% or 6.52 million shares worth $90.0 million as of 2024-06-30.
Among Mutual Funds, the top two as of Mar 31, 2025 were iShares Trust-iShares Russell 2000 ETF and VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund . With 3.23 shares estimated at $24.44 million under it, the former controlled 1.61% of total outstanding shares. On the other hand, VANGUARD STAR FUNDS-Vanguard Total International Stock Index Fund held about 0.84% of the shares, roughly 1.68 shares worth around $12.76 million.
