Performance Shipping Stock Forecast, Price & News

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

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Performance Shipping saw a increase in short interest in March. As of March 31st, there was short interest totaling 5,900 shares, an increase of 156.5% from the March 15th total of 2,300 shares. Based on an average daily volume of 78,300 shares, the days-to-cover ratio is presently 0.1 days. Currently, 0.3% of the shares of the company are short sold.
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Performance Shipping is scheduled to release its next quarterly earnings announcement on Monday, May 17th 2021.
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Performance Shipping Inc. (NASDAQ:PSHG) announced its quarterly earnings results on Friday, March, 5th. The company reported ($0.51) earnings per share for the quarter. The business earned $7.21 million during the quarter.
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Performance Shipping declared a quarterly dividend on Tuesday, October 20th. Investors 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 annualized dividend and a yield of 0.90%. The ex-dividend date is Thursday, October 29th.
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Performance Shipping pays an annual dividend of $0.10 per share and currently has a dividend yield of 2.15%.
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Shares of Performance Shipping reverse split 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 analysts have issued 1 year price targets for Performance Shipping's stock. Their forecasts range from $11.00 to $11.00. On average, they expect Performance Shipping's share price to reach $11.00 in the next year. This suggests a possible upside of 146.6% from the stock's current price.
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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), Navigator (NVIGF), Ocean Yield ASA (OYIEF), Orient Overseas (International) (OROVF), Pacific Basin Shipping (PCFBF) and Westshore Terminals Investment (WTSHF).
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Performance Shipping trades on the NASDAQ under the ticker symbol "PSHG."

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.
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One share of PSHG stock can currently be purchased for approximately $4.46.

Performance Shipping has a market capitalization of $22.67 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.