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NASDAQ:OP

OceanPal (OP) Stock Price, News & Analysis

OceanPal logo
$39.12 -5.69 (-12.70%)
As of 10/8/2026

About OceanPal Stock (NASDAQ:OP)

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Key Stats

Today's Range
$37.00
▼
$44.80
50-Day Range
$6.07
▼
$67.33
52-Week Range
$0.06
▼
$3.17
Volume
99,195 shs
Average Volume
12.41 million shs
Market Capitalization
$261.95 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
N/A

Company Overview

OceanPal Inc. (NASDAQ: OP) is a dry bulk shipping company that owns and operates vessels used to transport major commodities worldwide. Its business is focused on the seaborne movement of cargoes such as iron ore, grain, coal and other dry bulk materials.

The company generally generates revenue by chartering its vessels to international customers, including through time charters and voyage charters. Its ships serve global trade routes, with employment and geographic coverage varying according to charter contracts and market conditions.

OceanPal was established in 2021 following the spin-off of vessels from Diana Shipping Inc., another publicly traded dry bulk shipping company. The company is incorporated in the Marshall Islands and is headquartered in Greece, a major center for international shipping operations.

AI Generated. May Contain Errors.

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OP Stock News Headlines

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OP Stock Analysis - Frequently Asked Questions

OceanPal's stock was trading at $21.20 on January 1st, 2026. Since then, OP shares have increased by 84.5% and is now trading at $39.12.

OceanPal Inc. (NASDAQ:OP) issued its earnings results on Wednesday, April, 9th. The company reported ($250.00) earnings per share for the quarter. The business earned $5.78 million during the quarter.

OceanPal's stock reverse split on the morning of Thursday, April 2nd 2026.The 1-20 reverse split was announced on Thursday, April 2nd 2026. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, April 2nd 2026. An investor that had 100 shares of stock prior to the reverse split would have 5 shares after the split.

OceanPal's Board of Directors initiated a share repurchase plan on Monday, December 1st 2025, which allows the company to buy back $10,000,000 in shares, according to EventVestor. This means that the company could purchase up to 109% of its shares through open market purchases. Shares buyback plans are typically an indication that the company's board believes its stock is undervalued.

Shares of OP 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.

Based on aggregate information from My MarketBeat watchlists, some other companies that OceanPal investors own include Salesforce (CRM), AbbVie (ABBV), Manhattan Associates (MANH), ConocoPhillips (COP), Chevron (CVX), CocaCola (KO) and Qualcomm (QCOM).

Company Calendar

Last Earnings
4/09/2025
Today
10/10/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Marine Transportation
Sub-Industry
Marine Transportation
Current Symbol
NASDAQ:OP
CIK
1869467
Employees
60
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
N/A
Trailing P/E Ratio
N/A
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
N/A
Net Margins
N/A
Pretax Margin
N/A
Return on Equity
N/A
Return on Assets
N/A

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
7.05
Quick Ratio
7.01

Sales & Book Value

Annual Sales
$5.88 billion
Price / Sales
0.04
Cash Flow
N/A
Price / Cash Flow
N/A
Book Value
$281.03 per share
Price / Book
0.14

Miscellaneous

Outstanding Shares
6,696,000
Free Float
N/A
Market Cap
$261.95 million
Optionable
No Data
Beta
1.16
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This page (NASDAQ:OP) was last updated on 10/10/2026 by MarketBeat.com Staff.
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