Himalaya Shipping (HSHP) Stock Price, News & Analysis

Company Overview

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.

Key Stats

• Today's Range: $5.32 to $5.60
• 50-Day Range: $4.51 to $5.53
• 52-Week Range: $4.48 to $9.76
• Volume: 239,442 shs
• Average Volume: 156,365 shs
• Market Capitalization: $212.31 million
• P/E Ratio: 11.09
• Dividend Yield: 3.57%
• Price Target: N/A
• Consensus Rating: Sell

Himalaya Shipping Stock Analysis - MarketRank™

Himalaya Shipping scored higher than 28% of companies evaluated by MarketBeat, and ranked 125th out of 132 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 Himalaya Shipping.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Himalaya Shipping is 11.09, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 21.37.

Price to Earnings Ratio vs. Sector

The P/E ratio of Himalaya Shipping is 11.09, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.83.

Price to Book Value per Share Ratio

Himalaya Shipping has a P/B Ratio of 1.38. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.15% of the float of Himalaya Shipping has been sold short.

Short Interest Ratio / Days to Cover

Himalaya Shipping has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Himalaya Shipping has recently increased by 5.71%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 1.7 / 5
• Dividend Strength: Weak

Dividend Yield

Himalaya Shipping pays a meaningful dividend of 3.45%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

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

Dividend Coverage

The dividend payout ratio of Himalaya Shipping is 39.58%. 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

1.15% of the float of Himalaya Shipping has been sold short.

Short Interest Ratio / Days to Cover

Himalaya Shipping has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Himalaya Shipping has recently increased by 5.71%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.7 / 5
• News Sentiment: 0.93

News Sentiment

Himalaya 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 is a higher news sentiment than the 0.58 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 3 news articles for Himalaya Shipping this week, compared to 0 articles on an average week.

Search Interest

Only 2 people have searched for HSHP on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

Company Ownership

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

Insider Buying vs. Insider Selling

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

Percentage Held by Institutions

Only 22.33% of the stock of Himalaya Shipping is held by institutions.

HSHP Stock Analysis - Frequently Asked Questions

How have HSHP shares performed this year?

Himalaya Shipping's stock was trading at $4.86 at the beginning of the year. Since then, HSHP shares have increased by 9.6% and is now trading at $5.3250.
View the best growth stocks for 2025 here.

How were Himalaya Shipping's earnings last quarter?

Himalaya Shipping Ltd. (NYSE:HSHP) announced its quarterly earnings data on Thursday, February, 20th. The company reported $0.02 earnings per share (EPS) for the quarter. The company earned $29.60 million during the quarter. Himalaya Shipping had a net margin of 17.03% and a trailing twelve-month return on equity of 13.36%.

When did Himalaya Shipping IPO?

Himalaya Shipping (HSHP) raised $45 million in an initial public offering (IPO) on Friday, March 31st 2023. The company issued 7,720,000 shares at a price of $5.80 per share.

Who are Himalaya Shipping's major shareholders?

Top institutional shareholders of Himalaya Shipping include Hosking Partners LLP (1.13%), Geode Capital Management LLC (0.87%), Northern Trust Corp (0.48%) and Hsbc Holdings PLC (0.47%).

How do I buy shares of Himalaya Shipping?

Shares of HSHP 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 Himalaya Shipping own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Himalaya Shipping investors own include NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Broadcom (AVGO), Palo Alto Networks (PANW), Invesco QQQ (QQQ) and ServiceNow (NOW).

Company Calendar

• Ex-Dividend for 2/5 Dividend: 1/20/2025
• Dividend Payable: 2/05/2025
• Last Earnings: 2/20/2025
• Ex-Dividend for 3/5 Dividend: 2/20/2025
• Today: 2/22/2025
• Dividend Payable: 3/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NYSE
• Sector: Transportation
• Industry: Deep sea foreign transportation of freight
• Sub-Industry: Transportation
• Current Symbol: NYSE:HSHP
• Previous Symbol: NYSE:HSHP
• CUSIP: N/A
• CIK: 1959455
• Web: himalaya-shipping.com
• Phone: 441-737-0152
• Fax: N/A
• Employees: 2
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.48
• Trailing P/E Ratio: 11.09
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $1.51 million
• Net Margins: 21.93%
• Pretax Margin: 21.93%
• Return on Equity: 15.72%
• Return on Assets: 3.14%

Debt

• Debt-to-Equity Ratio: 4.34
• Current Ratio: 0.87
• Quick Ratio: 0.87

Sales & Book Value

• Annual Sales: $123.58 million
• Price / Sales: 1.72
• Cash Flow: $0.30 per share
• Price / Cash Flow: 17.50
• Book Value: $3.87 per share
• Price / Book: 1.38

Miscellaneous

• Outstanding Shares: 39,873,000
• Free Float: N/A
• Market Cap: $212.32 million
• Optionable: Not Optionable
• Beta: 2.56