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NYSE:DSX

Diana Shipping (DSX) Stock Price, News & Analysis

Diana Shipping logo
$2.21
-0.09 (-3.91%)
(As of 11/1/2024 ET)

About Diana Shipping Stock (NYSE:DSX)

Key Stats

Today's Range
$2.20
$2.30
50-Day Range
$2.19
$2.58
52-Week Range
$2.14
$3.57
Volume
473,435 shs
Average Volume
629,399 shs
Market Capitalization
$276.58 million
P/E Ratio
24.56
Dividend Yield
13.57%
Price Target
$3.00
Consensus Rating
Hold

Company Overview

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of March 1, 2024, it operated a fleet of 38 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 6 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.

Diana Shipping Stock Analysis - MarketRank™

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52nd Percentile Overall Score

DSX MarketRank™: 

Diana Shipping scored higher than 52% of companies evaluated by MarketBeat, and ranked 71st out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Diana Shipping has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Diana Shipping has received no research coverage in the past 90 days.

  • Read more about Diana Shipping's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Diana Shipping is 24.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.37.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Diana Shipping is 24.56, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 13.71.

  • Price to Book Value per Share Ratio

    Diana Shipping has a P/B Ratio of 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Diana Shipping's valuation and earnings.
  • Percentage of Shares Shorted

    1.66% of the float of Diana Shipping has been sold short.
  • Short Interest Ratio / Days to Cover

    Diana Shipping has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Diana Shipping has recently increased by 2.54%, indicating that investor sentiment is decreasing.
  • Dividend Leadership

    Diana Shipping is a leading dividend payer. It pays a dividend yield of 13.76%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Diana Shipping does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Diana Shipping is 333.37%. Payout ratios above 75% are not desirable because they may not be sustainable.

  • Read more about Diana Shipping's dividend.
  • Percentage of Shares Shorted

    1.66% of the float of Diana Shipping has been sold short.
  • Short Interest Ratio / Days to Cover

    Diana Shipping has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Diana Shipping has recently increased by 2.54%, indicating that investor sentiment is decreasing.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Diana Shipping this week, compared to 2 articles on an average week.
  • Search Interest

    16 people have searched for DSX on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous 30 days.
  • MarketBeat Follows

    6 people have added Diana Shipping to their MarketBeat watchlist in the last 30 days. This is an increase of 20% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Diana Shipping insiders have not sold or bought any company stock.

  • Percentage Held by Institutions

    48.68% of the stock of Diana Shipping is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Diana Shipping's insider trading history.
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DSX Stock News Headlines

Outlook for Undervalued 15.7%-Yielding Diana Shipping Stock Robust
Sell NVDA Now?
Guess who's selling NVDA next The most successful hedge fund in history quietly sold 500,000 shares. Here's what that means for your money. Billionaire Wall Street investors are quietly offloading millions of shares. What do they know that you don't? It's arguably the most popular stock in the world. Now, one 50-year Wall Street legend says its day in the sun could finally be coming to an end. Last year, he warned of two stocks that went on to crash 60%.
Diana Shipping Hooks up with Raffles
See More Headlines

DSX Stock Analysis - Frequently Asked Questions

Diana Shipping's stock was trading at $2.97 at the beginning of the year. Since then, DSX stock has decreased by 25.6% and is now trading at $2.21.
View the best growth stocks for 2024 here
.

Diana Shipping Inc. (NYSE:DSX) issued its earnings results on Wednesday, November, 17th. The shipping company reported $0.13 EPS for the quarter, meeting analysts' consensus estimates of $0.13. The shipping company had revenue of $56.61 million for the quarter, compared to analyst estimates of $55.96 million. Diana Shipping had a net margin of 6.81% and a trailing twelve-month return on equity of 5.34%.

Shares of Diana Shipping split on Friday, December 15th 2023. The 6-5 split was announced on Friday, December 15th 2023. The newly minted shares were payable to shareholders after the market closes on Friday, December 15th 2023. An investor that had 100 shares of stock prior to the split would have 120 shares after the split.

Shares of DSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

Based on aggregate information from My MarketBeat watchlists, some other companies that Diana Shipping investors own include Star Bulk Carriers (SBLK), Salesforce (CRM), AbbVie (ABBV), Bank of America (BAC), Chevron (CVX), QUALCOMM (QCOM) and Johnson & Johnson (JNJ).

Company Calendar

Last Earnings
11/17/2021
Ex-Dividend for 8/30 Dividend
8/15/2024
Dividend Payable
8/30/2024
Today
11/02/2024
Next Earnings (Estimated)
11/20/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Employees
1,018
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$3.00
High Stock Price Target
$3.00
Low Stock Price Target
$3.00
Potential Upside/Downside
+35.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$49.84 million
Pretax Margin
6.81%

Debt

Sales & Book Value

Annual Sales
$262.10 million
Cash Flow
$0.92 per share
Book Value
$4.32 per share

Miscellaneous

Free Float
N/A
Market Cap
$276.58 million
Optionable
Optionable
Beta
1.15
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This page (NYSE:DSX) was last updated on 11/2/2024 by MarketBeat.com Staff
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