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NYSE:DSX

Diana Shipping (DSX) Stock Price, News & Analysis

$2.98
0.00 (0.00%)
(As of 05/31/2024 ET)
Today's Range
$2.97
$3.00
50-Day Range
$2.81
$3.20
52-Week Range
$2.81
$4.16
Volume
490,473 shs
Average Volume
695,520 shs
Market Capitalization
$336.95 million
P/E Ratio
13.55
Dividend Yield
10.07%
Price Target
$3.00

Diana Shipping MarketRank™ Stock Analysis

Analyst Rating
Hold
2.00 Rating Score
Upside/​Downside
0.3% Upside
$3.00 Price Target
Short Interest
Healthy
3.43% of Float Sold Short
Dividend Strength
Moderate
Based on Four Factors
Sustainability
N/A
News Sentiment
-0.03mentions of Diana Shipping in the last 14 days
Based on 15 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
114.29%
From $0.28 to $0.60 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.09 out of 5 stars

Transportation Sector

82nd out of 116 stocks

Deep Sea Foreign Transportation Of Freight Industry

18th out of 29 stocks

DSX stock logo

About Diana Shipping Stock (NYSE:DSX)

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.

DSX Stock Price History

DSX Stock News Headlines

Q1 2024 Diana Shipping Inc Earnings Call Transcript
Diana Shipping declares $0.075 dividend
Diana Shipping: Q1 Earnings Snapshot
Diana Shipping earnings: here's what Wall Street expects
3 Stocks to Buy Low Today With High Hopes for Tomorrow
Diana Shipping Inc
See More Headlines

Company Calendar

Last Earnings
11/17/2021
Ex-Dividend for 3/12 Dividend
3/04/2024
Dividend Payable
3/12/2024
Today
5/31/2024
Ex-Dividend for 6/18 Dividend
6/12/2024
Dividend Payable
6/18/2024
Next Earnings (Estimated)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
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
+0.3%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
1 Analysts

Profitability

Net Income
$49.84 million
Pretax Margin
11.81%

Debt

Sales & Book Value

Annual Sales
$262.10 million
Cash Flow
$0.90 per share
Book Value
$4.39 per share

Miscellaneous

Free Float
N/A
Market Cap
$338.08 million
Optionable
Optionable
Beta
1.17

Key Executives

  • Ms. Semiramis Paliou (Age 49)
    CEO & Director
  • Mr. Anastasios C. Margaronis (Age 68)
    President & Director
  • Mr. Ioannis G. Zafirakis (Age 52)
    CFO, Chief Strategy Officer, Treasurer, Secretary & Director
  • Ms. Maria Dede (Age 51)
    Chief Accounting Officer
  • Ms. Margarita Veniou (Age 45)
    Chief Corporate Development, Governance & Communications Officer
  • Ms. Maria-Christina Tsemani (Age 45)
    Chief People Officer

DSX Stock Analysis - Frequently Asked Questions

Should I buy or sell Diana Shipping stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diana Shipping in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" DSX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSX, but not buy additional shares or sell existing shares.
View DSX analyst ratings
or view top-rated stocks.

What is Diana Shipping's stock price target for 2024?

1 analysts have issued 1 year price targets for Diana Shipping's stock. Their DSX share price targets range from $3.00 to $3.00. On average, they predict the company's share price to reach $3.00 in the next year. This suggests a possible upside of 0.3% from the stock's current price.
View analysts price targets for DSX
or view top-rated stocks among Wall Street analysts.

How have DSX shares performed in 2024?

Diana Shipping's stock was trading at $2.97 at the start of the year. Since then, DSX shares have increased by 0.7% and is now trading at $2.99.
View the best growth stocks for 2024 here
.

Are investors shorting Diana Shipping?

Diana Shipping saw a increase in short interest in May. As of May 15th, there was short interest totaling 2,510,000 shares, an increase of 32.8% from the April 30th total of 1,890,000 shares. Based on an average daily volume of 660,200 shares, the days-to-cover ratio is currently 3.8 days. Currently, 3.4% of the company's stock are short sold.
View Diana Shipping's Short Interest
.

When is Diana Shipping's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 6th 2024.
View our DSX earnings forecast
.

How were Diana Shipping's earnings last quarter?

Diana Shipping Inc. (NYSE:DSX) released its earnings results on Wednesday, November, 17th. The shipping company reported $0.13 EPS for the quarter, hitting analysts' consensus estimates of $0.13. The shipping company earned $56.61 million during the quarter, compared to analysts' expectations of $55.96 million. Diana Shipping had a net margin of 11.81% and a trailing twelve-month return on equity of 7.06%. During the same quarter last year, the company earned ($0.08) earnings per share.

How often does Diana Shipping pay dividends? What is the dividend yield for Diana Shipping?

Diana Shipping declared a quarterly dividend on Tuesday, May 28th. Shareholders of record on Wednesday, June 12th will be paid a dividend of $0.075 per share on Tuesday, June 18th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 10.03%. The ex-dividend date is Wednesday, June 12th.
Read our dividend analysis for DSX
.

Is Diana Shipping a good dividend stock?

Diana Shipping (NYSE:DSX) pays an annual dividend of $0.30 per share and currently has a dividend yield of 9.97%. DSX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 136.37%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on earnings estimates, DSX will have a dividend payout ratio of 50.00% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for DSX.

What ETF holds Diana Shipping's stock?

SonicShares Global Shipping ETF holds 49,442 shares of DSX stock, representing 0.29% of its portfolio.

When did Diana Shipping's stock split?

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

What is Simeon P. Palios' approval rating as Diana Shipping's CEO?

2 employees have rated Diana Shipping Chief Executive Officer Simeon P. Palios on Glassdoor.com. Simeon P. Palios has an approval rating of 100% among the company's employees. This puts Simeon P. Palios in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Diana Shipping own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Diana Shipping investors own include SFL (SFL), Navios Maritime Partners (NMM), AT&T (T), Star Bulk Carriers (SBLK), Safe Bulkers (SB), General Electric (GE), Bank of America (BAC), Pfizer (PFE), Energy Transfer (ET) and Apollo Investment (AINV).

Who are Diana Shipping's major shareholders?

Diana Shipping's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include SG Americas Securities LLC (0.23%), Oppenheimer & Co. Inc. (0.16%), Acadian Asset Management LLC (0.12%), Tidal Investments LLC (0.04%) and Concourse Financial Group Securities Inc. (0.00%).

How do I buy shares of Diana Shipping?

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.

This page (NYSE:DSX) was last updated on 5/31/2024 by MarketBeat.com Staff

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