Performance Shipping (PSHG) Stock Price, News & Analysis

Company Overview

Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.

Key Stats

• Today's Range: $1.83 to $1.93
• 50-Day Range: $1.65 to $2.05
• 52-Week Range: $1.30 to $2.34
• Volume: 58,257 shs
• Average Volume: 117,589 shs
• Market Capitalization: $23.50 million
• P/E Ratio: 1.21
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Performance Shipping Stock Analysis - MarketRank™

Performance Shipping scored higher than 19% of companies evaluated by MarketBeat, and ranked 106th out of 127 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Performance Shipping.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Performance Shipping is 1.21, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 270.95.

Price to Earnings Ratio vs. Sector

The P/E ratio of Performance Shipping is 1.21, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.67.

Price to Book Value per Share Ratio

Performance Shipping has a P/B Ratio of 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

5.48% of the float of Performance Shipping has been sold short.

Short Interest Ratio / Days to Cover

Performance Shipping has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Performance Shipping has recently increased by 2.44%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.8 / 5
• Dividend Strength: Weak

Dividend Yield

Performance Shipping does not currently pay a dividend.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Performance Shipping is 6.41%. This payout ratio is at a healthy, sustainable level, below 75%.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.48% of the float of Performance Shipping has been sold short.

Short Interest Ratio / Days to Cover

Performance Shipping has a short interest ratio ("days to cover") of 5.8.

Change versus previous month

Short interest in Performance Shipping has recently increased by 2.44%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.93

News Sentiment

Performance Shipping has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This news sentiment score is similar to the average news sentiment of Transportation companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Performance Shipping this week, compared to 1 article on an average week.

Search Interest

2 people have searched for PSHG on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days.

MarketBeat Follows

1 people have added Performance Shipping to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

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

Percentage Held by Insiders

Only 0.43% of the stock of Performance Shipping is held by insiders.

Percentage Held by Institutions

Only 19.90% of the stock of Performance Shipping is held by institutions.

PSHG Stock Analysis - Frequently Asked Questions

How have PSHG shares performed this year?

Performance Shipping's stock was trading at $1.86 on January 1st, 2025. Since then, PSHG stock has increased by 1.6% and is now trading at $1.89.

How were Performance Shipping's earnings last quarter?

Performance Shipping Inc. (NASDAQ:PSHG) posted its quarterly earnings data on Wednesday, July, 30th. The company reported $0.23 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.04. The company had revenue of $18.14 million for the quarter, compared to analysts' expectations of $17.14 million. Performance Shipping had a net margin of 72.12% and a trailing twelve-month return on equity of 20.92%.

When did Performance Shipping's stock split?

Shares of Performance Shipping reverse split on the morning of Monday, November 14th 2022.The 1-15 reverse split was announced on Monday, November 14th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, November 14th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split.

How do I buy shares of Performance Shipping?

Shares of PSHG 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.

What other stocks do shareholders of Performance Shipping own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Performance Shipping investors own include NVIDIA (NVDA), Broadcom (AVGO), GE Aerospace (GE), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET) and CymaBay Therapeutics (CBAY).

Company Calendar

• Last Earnings: 7/30/2025
• Today: 9/01/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:PSHG
• CIK: 1481241
• Web: www.pshipping.com
• Phone: 302166002400
• Fax: 30-216-600-2599
• Employees: 150
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $1.56
• Trailing P/E Ratio: 1.21
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $43.73 million
• Net Margins: 72.12%
• Pretax Margin: 72.11%
• Return on Equity: 20.92%
• Return on Assets: 17.65%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 7.40
• Quick Ratio: 7.35

Sales & Book Value

• Annual Sales: $84.04 million
• Price / Sales: 0.28
• Cash Flow: $4.61 per share
• Price / Cash Flow: 0.41
• Book Value: $22.14 per share
• Price / Book: 0.09

Miscellaneous

• Outstanding Shares: 12,432,000
• Free Float: 12,379,000
• Market Cap: $23.50 million
• Optionable: Not Optionable
• Beta: -0.33