NASDAQ:PSHG Performance Shipping (PSHG) Stock Price, News & Analysis $1.91 -0.07 (-3.54%) (As of 09/9/2024 ET) Add Compare Share Share Today's Range$1.88▼$1.9850-Day Range$1.90▼$2.2152-Week Range$1.60▼$2.58Volume32,141 shsAverage Volume80,916 shsMarket Capitalization$23.74 millionP/E Ratio1.16Dividend YieldN/APrice Target$6.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Performance Shipping alerts: Email Address Performance Shipping MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside240.3% Upside$6.50 Price TargetShort InterestBearish7.30% of Shares Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.29 out of 5 starsTransportation Sector99th out of 118 stocksDeep Sea Foreign Transportation Of Freight Industry25th out of 28 stocks 3.5 Analyst's Opinion Consensus RatingPerformance Shipping has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoveragePerformance Shipping has only been the subject of 1 research reports in the past 90 days.Read more about Performance Shipping's stock forecast and price target. Previous Next 0.0 Short Interest Percentage of Shares Shorted7.30% of the outstanding shares of Performance Shipping have been sold short.Short Interest Ratio / Days to CoverPerformance Shipping has a short interest ratio ("days to cover") of 11.2, which indicates bearish sentiment.Change versus previous monthShort interest in Performance Shipping has recently increased by 2.66%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldPerformance Shipping does not currently pay a dividend.Dividend GrowthPerformance Shipping does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PSHG. Previous Next N/A News and Social Media Coverage Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Performance Shipping insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.43% of the stock of Performance Shipping is held by insiders.Percentage Held by InstitutionsOnly 19.90% of the stock of Performance Shipping is held by institutions.Read more about Performance Shipping's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Performance Shipping is 1.16, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Performance Shipping is 1.16, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 20.08.Price to Book Value per Share RatioPerformance Shipping has a P/B Ratio of 0.09. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Performance Shipping's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyMy grim warning about AI stocksToday, I’m warning of another looming catastrophe. Only this time, it’s not in pot stocks, cryptos, or U.S. housing… it's in artificial intelligence. And unless you know what’s really going on in this sector, you could be wiped out. You see, while there is no doubt that the recent advancements in artificial intelligence are game-changing and will drive colossal innovation in every sector of the economy... There's also no escaping that The Big AI Die-Up is coming.So go here now to read my new report The Big AI Die-Up… while you still can. About Performance Shipping Stock (NASDAQ:PSHG)Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2022, its fleet consisted of eight Aframax tanker vessels with a combined carrying capacity of 851,825 DWT. The company was incorporated in 2010 and is based in Athens, Greece.Read More PSHG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PSHG Stock News HeadlinesJuly 28, 2024 | markets.businessinsider.comBuy Rating on Performance Shipping Amid Anticipated Tanker Rate Increase and Strategic ExpansionJuly 25, 2024 | globenewswire.comPerformance Shipping Inc. Reports Financial Results for the Second Quarter and Six-Months Ended June 30, 2024September 9, 2024 | Paradigm Press (Ad)Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.July 24, 2024 | globenewswire.comPerformance Shipping Inc. Announces Initiation of Analyst Coverage by Alliance Global Partners (AGP)July 16, 2024 | globenewswire.comPerformance Shipping Inc. Secures Sale and Leaseback Agreement for Previously Announced Newbuild LR2 Aframax TankerJune 6, 2024 | globenewswire.comPerformance Shipping Inc. Secures Charter Contract with Trafigura for LR2 Aframax Tanker, M/T P. AlikiJune 5, 2024 | globenewswire.comPerformance Shipping Inc. Secures Charter Contract With Aramco for About 24 Months at US$41,000 Per DayMay 31, 2024 | investorplace.comPSHG Stock Earnings: Performance Shipping Beats EPS, Beats Revenue for Q1 2024September 9, 2024 | Paradigm Press (Ad)Man who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.May 30, 2024 | globenewswire.comPerformance Shipping Inc. Reports Solid Financial Results for the First Quarter Ended March 31, 2024May 12, 2024 | finance.yahoo.comPerformance Shipping Inc. (PSHG)May 7, 2024 | finance.yahoo.comPerformance Shipping Inc. Signs Shipbuilding Contract for the Construction of a Newbuilding LR1 Tanker VesselMay 7, 2024 | globenewswire.comPerformance Shipping Inc. Signs Shipbuilding Contract for the Construction of a Newbuilding LR1 Tanker VesselMarch 28, 2024 | globenewswire.comPerformance Shipping Inc. Announces Filing of 2023 Annual Report on Form 20-FMarch 23, 2024 | thestreet.comPerformance Shipping Inc.March 12, 2024 | globenewswire.comPerformance Shipping Inc. Secures Five-Year Time Charter Contracts With Clearlake for Three Newbuilding Vessels at US$31,000 Per Vessel Per DayMarch 7, 2024 | msn.comPSHG Stock Earnings: Performance Shipping Misses EPS, Beats Revenue for Q4 2023March 7, 2024 | globenewswire.comPerformance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023See More Headlines Receive PSHG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Performance Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/25/2024Today9/09/2024Next Earnings (Estimated)11/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryTransportation Current SymbolNASDAQ:PSHG CUSIPN/A CIK1481241 Webwww.pshipping.com Phone302166002400Fax30-216-600-2599Employees150Year FoundedN/APrice Target and Rating Average Stock Price Target$6.50 High Stock Price Target$6.50 Low Stock Price Target$6.50 Potential Upside/Downside+240.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.65 Trailing P/E Ratio1.16 Forward P/E RatioN/A P/E GrowthN/ANet Income$69.41 million Net Margins62.19% Pretax Margin62.69% Return on Equity24.02% Return on Assets18.19% Debt Debt-to-Equity Ratio0.17 Current Ratio5.61 Quick Ratio5.56 Sales & Book Value Annual Sales$108.94 million Price / Sales0.22 Cash Flow$7.07 per share Price / Cash Flow0.27 Book Value$20.62 per share Price / Book0.09Miscellaneous Outstanding Shares12,430,000Free Float12,227,000Market Cap$23.74 million OptionableNot Optionable Beta-0.31 The Best High-Yield Dividend Stocks for 2024Looking to generate income with your stock portfolio? Use these ten stocks to generate a safe and reliable source of investment income.Get This Free Report Key ExecutivesMr. Andreas Nikolaos Michalopoulos (Age 53)MD, CEO, Secretary & Director Mr. Anthony C. Argyropoulos (Age 59)Chief Financial Officer Captain Nikolaos GavalasOperations DirectorAndreas MavrommatisChief AccountantArgyris ChachalisTechnical DirectorAikaterini OikonomeaLegal CounselCaptain Panos ChatzikyriakosHSE DirectorMore ExecutivesKey CompetitorsNavios MaritimeNYSE:NMFreightosNASDAQ:CRGOToroNASDAQ:TOROAir TNASDAQ:AIRTEuroDryNASDAQ:EDRYView All CompetitorsInstitutional OwnershipRenaissance Technologies LLCBought 89,109 shares on 8/9/2024Ownership: 1.159%Privium Fund Management UK LtdBought 30,395 shares on 8/2/2024Ownership: 0.245%View All Institutional Transactions PSHG Stock Analysis - Frequently Asked Questions How have PSHG shares performed this year? Performance Shipping's stock was trading at $2.27 on January 1st, 2024. Since then, PSHG shares have decreased by 15.9% and is now trading at $1.91. View the best growth stocks for 2024 here. How were Performance Shipping's earnings last quarter? Performance Shipping Inc. (NASDAQ:PSHG) posted its quarterly earnings results on Thursday, July, 25th. The company reported $0.26 EPS for the quarter, meeting the consensus estimate of $0.26. The firm had revenue of $20.51 million for the quarter. Performance Shipping had a trailing twelve-month return on equity of 24.02% and a net margin of 62.19%. When did Performance Shipping's stock split? Performance Shipping shares reverse split on Monday, November 14th 2022. The 1-15 reverse split was announced on Monday, November 14th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, November 14th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split. Who are Performance Shipping's major shareholders? Top institutional shareholders of Performance Shipping include Renaissance Technologies LLC (1.16%) and Privium Fund Management UK Ltd (0.24%). How do I buy shares of Performance Shipping? Shares of PSHG 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. Compare Top Brokerages Here. 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