NASDAQ: GOGL
- Last Close 7.90
- Sector Industrials
- Industry Marine Shipping
- Investment Style Small Value
- Day Range 7.86 – 7.98
- Year Range 6.89 – 10.58
- Market Cap 1.5721 Bil
- Volume / Avg 801,198.0 / 1.3 Mil
- Price / Sales 1.69
- Price / Book 0.84
- Forward Div Yield 16.96%
- Trailing Div Yield 9.51%
Morningstar‘s Stock Analysis GOGL
Valuation
Currency in —
Is it the right time to buy or sell?
Is it the right time to buy or sell?
1-Star Price
INVESTOR
5-Star Price
INVESTOR
Economic Moat
INVESTOR
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Company Profile GOGL
Business Description
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.
Morningstar analysts hand-select direct competitors or comparable companies to provide context on the strength and durability of GOGL’s competitive advantage.
Golden Ocean Group Ltd
XNAS: GOGL
| DHT Holdings Inc
XNYS: DHT
| GMR Airports Infrastructure Ltd
XBOM: 532754
| |
Price
| 7.89 | 10.32 | 59.56 |
Currency
| USD | USD | INR |
Change
| −$0.02 (0.19%) | +$0.25 (2.43%) | +$1.61 (2.78%) |
Market Cap
| 1.57 Bil | 1.67 Bil | 359.50 Bil |
Industry
| Marine Shipping | Oil & Gas Midstream | Airports & Air Services |
Sector
|
Industrials
|
Energy
|
Industrials
|
* Trading data in this section is delayed by at least 15 minutes.
FAQs for Golden Ocean Group Ltd Stock
Yes. GOGL has a forward dividend yield of 9.49%.
See
GOGL’s full dividends and stock split history
on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks,
to compare the relationship between a stock’s price and how it rewards stockholders through dividends.
The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.
Learn more about dividend yield.
GOGL’s market cap is 1.57 Bil.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares.
It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the
largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.
Learn more about market capitalization.
GOGL’s stock style is Small Value.
Style is an investment factor that has a meaningful impact on investment risk and returns.
Style is calculated by combining value and growth scores, which are first individually calculated.
High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.
Learn more about style.
GOGL’s price/sales is 1.69.
Price/sales represents the amount an investor is willing to pay for a dollar generated from
a particular company’s sales or revenues.
GOGL’s price/forward earnings is 7.98.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates.
The lower the Forward P/E, the cheaper the stock.
GOGL’s price/book is 0.84.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets,
based on historical, rather than current, valuations. Historical valuations generally do not reflect
a company’s current market value. Value investors frequently look for companies that have low price/book ratios.
See GOGL’s valuation ratios compared to the Market Index.
GOGL’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.
Compare GOGL’s historical performance against its industry peers and the overall market.