Shares of Diana Shipping inc. (NYSE:DSX - Get Free Report) crossed above its 200-day moving average during trading on Friday . The stock has a 200-day moving average of $2.45 and traded as high as $3.05. Diana Shipping shares last traded at $3.01, with a volume of 1,564,212 shares.
Analyst Ratings Changes
A number of research analysts recently commented on the stock. Weiss Ratings reiterated a "hold (c-)" rating on shares of Diana Shipping in a research note on Monday, July 20th. Wall Street Zen upgraded shares of Diana Shipping from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 1st. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company presently has a consensus rating of "Hold".
Get Our Latest Report on Diana Shipping
Diana Shipping Trading Up 1.3%
The company has a debt-to-equity ratio of 0.92, a quick ratio of 2.01 and a current ratio of 2.05. The stock has a market capitalization of $374.47 million, a price-to-earnings ratio of 6.27 and a beta of 0.51. The business has a fifty day simple moving average of $2.40 and a 200 day simple moving average of $2.45.
Diana Shipping (NYSE:DSX - Get Free Report) last posted its earnings results on Friday, July 31st. The shipping company reported $0.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.02 by $0.14. The company had revenue of $57.29 million during the quarter, compared to the consensus estimate of $54.60 million. Diana Shipping had a return on equity of 7.55% and a net margin of 27.88%.
Diana Shipping Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, September 11th. Investors of record on Friday, August 21st will be given a dividend of $0.01 per share. This represents a $0.04 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date of this dividend is Friday, August 21st. Diana Shipping's dividend payout ratio (DPR) is currently 8.33%.
Institutional Trading of Diana Shipping
A number of institutional investors have recently bought and sold shares of the business. EverSource Wealth Advisors LLC grew its position in shares of Diana Shipping by 71.2% during the 1st quarter. EverSource Wealth Advisors LLC now owns 10,942 shares of the shipping company's stock worth $27,000 after purchasing an additional 4,550 shares in the last quarter. Blue Trust Inc. increased its holdings in shares of Diana Shipping by 159.0% during the first quarter. Blue Trust Inc. now owns 12,839 shares of the shipping company's stock worth $32,000 after purchasing an additional 7,881 shares during the period. Cetera Investment Advisers acquired a new stake in shares of Diana Shipping in the first quarter valued at approximately $26,000. E Fund Management Hong Kong Co. Ltd. raised its position in shares of Diana Shipping by 3.2% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 668,660 shares of the shipping company's stock valued at $1,110,000 after buying an additional 20,943 shares in the last quarter. Finally, BlackRock Inc. bought a new stake in shares of Diana Shipping in the second quarter valued at approximately $47,000. Institutional investors own 48.68% of the company's stock.
About Diana Shipping
(
Get Free Report)
Diana Shipping Inc is a global shipping company incorporated in the Republic of the Marshall Islands and headquartered in Athens, Greece. The company specializes in the ownership and operation of dry bulk vessels that transport a variety of commodities, including coal, iron ore, grains, fertilizers, steel products and other bulk materials. Diana Shipping’s fleet comprises Panamax, Capesize, Newcastlemax and Supramax/Newcastlemax segments, enabling it to address the needs of customers on key global trade routes.
The company conducts its operations by chartering vessels on short‐term voyage charters and longer‐term period charters.
Recommended Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Continue following MarketBeat
Add MarketBeat as your preferred source on Google to see our latest stories in your feed.
Before you consider Diana Shipping, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Diana Shipping wasn't on the list.
While Diana Shipping currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Nuclear energy is entering a new growth cycle as rising power demand, expanding data centers, and renewed policy support bring the sector back into focus. After strong gains in recent years, the most impactful phase of nuclear investment may still be ahead. This report highlights seven nuclear energy stocks positioned across the value chain—combining near-term revenue with long-term upside as next-generation technologies scale. Click the link below to unlock the full list.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
