Golden Ocean Group (GOGL)

• Market cap: $1.43B
• 1 day: 1.85%
• 5 days: 2.14%
• 1 month: -8.21%
• 3 months: -19.19%
• 6 months: -36.80%
• Year to date: -23.34%
• 1 year: -45.30%
• 5 years: 87.43%
• 10 years: -73.87%
• Sector: Industrials
• Industry: Marine Shipping

About: Golden Ocean Group Ltd is a Bermuda-based dry bulk shipping company. Its business involves the transportation of dry bulk cargo including ores, coal, grains and fertilizers through its fleet of owned and chartered vessels, bareboat vessels, commercial management vessels and new buildings are chartered-out on fixed rate time charters and index-linked time charter contracts. The Company's single operating segment derives revenue from transporting dry bulk cargoes and chartering vessels to customers on time charter or voyage charter contracts.

Employees: 44

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

100% more funds holding in top 10

Funds holding in top 10: 1 [Q3] → 2 (+1) [Q4]

52% more first-time investments, than exits

New positions opened: 41 | Existing positions closed: 27

18% more repeat investments, than reductions

Existing positions increased: 66 | Existing positions reduced: 56

8% more funds holding

Funds holding: 172 [Q3] → 185 (+13) [Q4]

1.82% more ownership

Funds ownership: 29.46% [Q3] → 31.27% (+1.82%) [Q4]

26% less call options, than puts

Call options by funds: $5.22M | Put options by funds: $7.05M

29% less capital invested

Capital invested by funds: $788M [Q3] → $559M (-$229M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $10 40% upside
• Avg. target: $10 40% upside
• High target: $10 40% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Jefferies Omar Nokta 4% 1-year accuracy 2 / 55 met price target

40% upside $10

Hold Maintained

26 Feb 2025