Performance Shipping Stock Forecast, Price & News

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Performance Shipping in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Performance Shipping stock.
View analyst ratings for Performance Shipping or view top-rated stocks.

Wall Street analysts have given Performance Shipping a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Performance Shipping wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Performance Shipping saw a decrease in short interest in April. As of April 15th, there was short interest totaling 4,300 shares, a decrease of 27.1% from the March 31st total of 5,900 shares. Based on an average daily trading volume, of 71,900 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.2% of the shares of the stock are short sold.
View Performance Shipping's Short Interest.

Performance Shipping is scheduled to release its next quarterly earnings announcement on Monday, May 17th 2021.
View our earnings forecast for Performance Shipping.

Performance Shipping Inc. (NASDAQ:PSHG) announced its earnings results on Friday, March, 5th. The company reported ($0.51) earnings per share (EPS) for the quarter. The business had revenue of $7.21 million for the quarter.
View Performance Shipping's earnings history.

Performance Shipping declared a quarterly dividend on Tuesday, October 20th. Stockholders of record on Friday, October 30th will be given a dividend of $0.01 per share on Monday, November 9th. This represents a $0.04 dividend on an annualized basis and a yield of 0.94%. The ex-dividend date of this dividend is Thursday, October 29th.
View Performance Shipping's dividend history.

Performance Shipping pays an annual dividend of $0.10 per share and currently has a dividend yield of 2.34%.
View Performance Shipping's dividend history.

Performance Shipping shares reverse split before market open on Monday, November 2nd 2020. The 1-10 reverse split was announced on Friday, October 30th 2020. The number of shares owned by shareholders was adjusted after the closing bell on Friday, October 30th 2020. An investor that had 100 shares of Performance Shipping stock prior to the reverse split would have 10 shares after the split.

1 Wall Street analysts have issued 12-month price targets for Performance Shipping's stock. Their forecasts range from $11.00 to $11.00. On average, they expect Performance Shipping's stock price to reach $11.00 in the next year. This suggests a possible upside of 158.8% from the stock's current price.
View analysts' price targets for Performance Shipping or view top-rated stocks among Wall Street analysts.

Some companies that are related to Performance Shipping include Mercantile Ports & Logistics (MPL), ADS Maritime (ADCUF), BW LPG (BWLLY), Cadeler A/S (CADLF), Cargotec (CYJBF), COSCO SHIPPING (CICOF), Hapag-Lloyd Aktiengesellschaft (HPGLY), Kawasaki Kisen Kaisha (KAIKY), Mitsui O.S.K. Lines (MSLOY), MPC Container Ships ASA (MPZZF), Navigator (NVIGF), Ocean Yield ASA (OYIEF), Orient Overseas (International) (OROVF), Pacific Basin Shipping (PCFBF) and Westshore Terminals Investment (WTSHF).
View all of PSHG's competitors.

Performance Shipping trades on the NASDAQ under the ticker symbol "PSHG."

Performance Shipping's stock is owned by a variety of institutional and retail investors. Top institutional investors include Renaissance Technologies LLC (1.99%).

PSHG stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC.

Shares of PSHG can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

One share of PSHG stock can currently be purchased for approximately $4.25.

Performance Shipping has a market capitalization of $21.60 million.

Performance Shipping employs 151 workers across the globe.

The official website for Performance Shipping is www.pshipping.com.

The company can be reached via phone at 30 216 60 02 400.