Golden Ocean Group Limited (GOGL) Fund Overview
Educational signal · not a buy or sell recommendation · How to read this
P/E 21.84 means the share price is 21.84 times one year of earnings per share. Beta 1.13: the stock has moved about 13% more than the S&P 500.
For informational purposes only. Not financial advice. Machine-generated analysis by Stock Expert AI — model gemini-2.0-flash, generated Mar 15, 2026. Editorial oversight is systemic, not page-by-page. Editorially accountable: Sedat ANAK, Founder and Editor-in-Chief. Data sources: Financial Modeling Prep, Yahoo Finance, SEC EDGAR
Quick AnswerGolden Ocean Group Limited (GOGL) trades at $23.64. Golden Ocean Group Limited operates as a dry bulk shipping company, transporting commodities like ores, coal, grains, and fertilizers. Sector: Industrials.
Price as of · Last analyzed: Mar 15, 2026Analyst Coverage for GOGL: GOGL does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage.
Golden Ocean Group Limited (GOGL) Industrial Operations Profile
Golden Ocean Group Limited, based in Bermuda, owns and operates a fleet of dry bulk vessels, including Newcastlemax and Capesize, serving spot and time charter markets globally. The company transports essential commodities like ores, coal, and grains, positioning it as a key player in global commodity logistics.
What Is the Investment Thesis for GOGL?
Golden Ocean Group Limited presents an investment opportunity within the dry bulk shipping sector, driven by its substantial fleet and strategic market positioning. The company's diverse fleet allows it to capitalize on varying demand for different vessel sizes. A key value driver is the potential for increased charter rates due to global economic growth and increased demand for commodities like iron ore and coal. The company's ability to manage its fleet efficiently and secure favorable charter agreements is crucial for profitability. However, investors may want to evaluate the cyclical nature of the shipping industry and the impact of global economic conditions on demand. The company's dividend yield of 0.63% offers a modest return, but the potential for capital appreciation is linked to the overall health of the dry bulk shipping market.
Based on FMP financials and quantitative analysis
GOGL Key Highlights
Market capitalization of $1.59 billion indicates a significant presence in the marine shipping industry.
- A P/E ratio of 21.84 suggests investors are paying a premium for each dollar of earnings, reflecting expectations of future growth.
- Profit margin of 8.3% demonstrates the company's ability to generate profit from its revenue.
- Gross margin of 25.4% shows the percentage of revenue exceeding the cost of goods sold, indicating operational efficiency.
- Beta of 1.13 suggests that the stock is slightly more volatile than the market.
Who Are GOGL's Competitors?
GOGL is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | MoonshotScore |
|---|---|---|---|---|
| CCEC Capital Clean Energy Carriers Corp. | $20.99 | -3.27% | $1.26B | 39 5-pillar |
| CMRE Costamare Inc. | $15.44 | +1.38% | $1.86B | 73 5-pillar |
| ATSG Air Transport Services Group, Inc. | $22.48 | -0.04% | $1.48B | — |
| HCCI Heritage-Crystal Clean, Inc | $45.51 | +0.09% | $1.11B | — |
| HOLI Hollysys Automation Technologies Ltd. | $26.42 | +0.04% | $1.64B | — |
| KEX Kirby Corporation | $137.87 | +3.30% | $7.38B | 76 5-pillar |
| MATX Matson, Inc. | $231.11 | +2.49% | $6.99B | 80 5-pillar |
| CMBT Cmb.Tech N.V. | $19.85 | +1.25% | $5.76B | 69 5-pillar |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are GOGL's Key Strengths?
Large and diverse fleet of dry bulk vessels.
- Established presence in key shipping routes.
- Experienced management team.
- Strong relationships with customers and charterers.
What Are GOGL's Weaknesses?
Exposure to the cyclical nature of the shipping industry.
- Dependence on global economic conditions and commodity demand.
- Vulnerability to fluctuations in freight rates.
- High operating costs associated with vessel maintenance and fuel.
What Are the Key Risks for GOGL?
Overcapacity in the dry bulk shipping market, leading to lower freight rates.
- Geopolitical instability and trade disputes, disrupting global trade flows.
- Fluctuations in fuel prices, impacting operating costs.
- Economic downturns, reducing demand for commodities and shipping services.
What Are GOGL's Competitive Advantages?
- Scale: Operates a large fleet of dry bulk vessels, providing economies of scale.
- Fleet diversity: Owns a mix of vessel types, allowing it to serve a wide range of customer needs.
- Established relationships: Has long-standing relationships with key customers and charterers.
What Does GOGL Do?
Golden Ocean Group Limited, established as a shipping company, specializes in the ownership and operation of a diverse fleet of dry bulk vessels. These vessels include Newcastlemax, Capesize, Panamax, and Ultramax types, enabling the company to cater to a wide range of shipping needs across the globe. Golden Ocean operates in both the spot and time charter markets, providing flexibility to its customers in transporting bulk commodities such as ores, coal, grains, and fertilizers. As of March 23, 2022, Golden Ocean's fleet comprised 81 dry bulk vessels, reflecting its significant presence in the dry bulk shipping industry. The company is headquartered in Hamilton, Bermuda, a strategic location for international shipping operations. Golden Ocean's business model focuses on efficient fleet management and strategic deployment of vessels to maximize profitability in varying market conditions. The company's success is closely tied to global trade volumes and commodity demand, making it a key player in the maritime transport sector.
What Products and Services Does GOGL Offer?
- Owns and operates a fleet of dry bulk vessels.
- Transports bulk commodities like ores, coal, grains, and fertilizers.
- Operates in the spot and time charter markets.
- Manages a diverse fleet including Newcastlemax, Capesize, Panamax, and Ultramax vessels.
- Provides shipping services to customers worldwide.
- Focuses on efficient fleet management and strategic vessel deployment.
How Does GOGL Make Money?
- Generates revenue through chartering its vessels to transport bulk commodities.
- Operates in both spot and time charter markets, providing flexibility in pricing and contract duration.
- Manages its fleet to optimize vessel utilization and minimize operating costs.
What Industry Does GOGL Operate In?
Golden Ocean Group Limited operates within the marine shipping industry, which is heavily influenced by global trade and economic conditions. The industry is characterized by cyclical fluctuations in demand and freight rates, driven by factors such as commodity prices, infrastructure development, and geopolitical events. Competition is intense, with numerous players vying for market share. Golden Ocean's position is strengthened by its modern fleet and established presence in key shipping routes. The industry is also facing increasing pressure to adopt more sustainable practices and reduce emissions, which could impact operational costs and investment decisions.
Who Are GOGL's Key Customers?
- Companies involved in the mining and trading of ores.
- Power plants and other consumers of coal.
- Agricultural companies and traders dealing in grains and fertilizers.
Research confidence
Thin evidence — scoring coverage unknown. Treat this as a starting point, not a conclusion.
- ● Scoring coverage unknown
- ● Price is current
- ● No filing on record
- ● No analyst coverage
- ● This is an etf, not an operating company
MoonshotScore History
Recorded daily since 2026-08-23 · 41 snapshots
| 2026-08-23 | 48 |
| 2026-08-31 | 48 |
| 2026-09-08 | 48 |
| 2026-09-16 | 48 |
| 2026-09-24 | 48 |
| 2026-10-04 | 48 |
What changed?
The score has stayed at 48.
Over the same 30 days the stock moved -0.2%.
Forward Outlook
Wall Street analysts project Golden Ocean Group Limited revenue of about $847.4M for fiscal 2026, with EPS near $1.76.
Key Financial Metrics
Return on equity for Golden Ocean Group Limited stands at 11.7%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 6.6%, showing how much profit it generates from its asset base. GOGL trades at a trailing price-to-earnings ratio of 21.84, below the Industrials sector average of ~29.50x. A current ratio of 1.22 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is 4.8%, the inverse of the P/E and a quick read on earnings relative to price.
GOGL Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Large and diverse fleet of dry bulk vessels.
- Established presence in key shipping routes.
- Experienced management team.
- Strong relationships with customers and charterers.
Bear Case
- Exposure to the cyclical nature of the shipping industry.
- Dependence on global economic conditions and commodity demand.
- Vulnerability to fluctuations in freight rates.
- High operating costs associated with vessel maintenance and fuel.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · March 2026
GOGL Latest News
No recent news available for GOGL.
GOGL Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations collected by Financial Modeling Prep for GOGL.
Price Targets
Wall Street price target analysis for GOGL.
GOGL MoonshotScore
MoonshotScore is Stock Expert AI's proprietary 0-100 research rating, not a buy or sell recommendation. No MoonshotScore is published for GOGL; grades run from A+ (80-100) to F (below 30).
Leadership: Peder Carl Gram Simonsen
CEO
Peder Carl Gram Simonsen serves as the CEO of Golden Ocean Group Limited. His professional background includes extensive experience in the shipping and finance industries. He has held various leadership positions in maritime companies, demonstrating his expertise in vessel management, chartering, and strategic planning. His experience equips him to navigate the complexities of the global shipping market and drive Golden Ocean's growth strategy.
Track Record: Under Peder Carl Gram Simonsen's leadership, Golden Ocean Group Limited has focused on optimizing its fleet and expanding its market presence. He has overseen the implementation of strategies aimed at improving operational efficiency and capitalizing on growth opportunities in the dry bulk shipping sector. His focus on strategic partnerships and technological advancements has contributed to the company's competitiveness.
Golden Ocean Group Limited Industrials Stock: Key Questions Answered
What are the main risks for GOGL?
Golden Ocean Group Limited faces several key risks inherent to the dry bulk shipping industry. These include the cyclical nature of the market, which can lead to fluctuations in freight rates and profitability.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
MoonshotScore is not published for this security.
Data provided for informational purposes only.
- Information is based on data available as of 2026-03-15.
- Financial data may be subject to change.