Performance Shipping (PSHG) Stock Price, News & Analysis

Company Overview

Performance Shipping Inc., incorporated in the Republic of the Marshall Islands and trading on NASDAQ under the ticker PSHG, is a publicly listed dry bulk shipping company. The company owns and operates a modern fleet of Supramax and Ultramax vessels, which are well-suited for the seaborne transportation of a wide range of dry bulk commodities. Performance Shipping’s vessels carry cargoes such as grains, coal, iron ore, steel products and fertilizer under medium‐ to long‐term time charter agreements with a diverse set of global charterers.

Since completing its initial public offering in late 2014, Performance Shipping has focused on disciplined growth through vessel acquisitions and the renewal of charter contracts to maintain steady cash flows. The company’s ships trade on major bulk shipping routes linking exporters in North and South America, Europe, Asia and Australia. By employing vessels that combine fuel efficiency with flexible cargo capacity, Performance Shipping aims to optimize voyage costs and deliver reliable service to customers in key bulk commodity markets.

Performance Shipping’s management team leverages deep industry expertise and is supported by an external technical manager based in Piraeus, Greece, which oversees crewing, maintenance and regulatory compliance. Headquartered in the Marshall Islands for corporate purposes, the company maintains commercial offices in major maritime centers to ensure close contact with charterers and brokers. Through this structure, Performance Shipping seeks to balance operational excellence with rigorous cost controls, positioning itself to navigate the cyclical nature of the dry bulk shipping sector.

Key Stats

• Today's Range: $1.83 to $1.94
• 50-Day Range: $1.65 to $2.05
• 52-Week Range: $1.30 to $2.34
• Volume: 103,266 shs
• Average Volume: 87,002 shs
• Market Capitalization: $23.06 million
• P/E Ratio: 1.19
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: Hold

Performance Shipping Stock Analysis - MarketRank™

Performance Shipping scored higher than 24% of companies evaluated by MarketBeat, and ranked 106th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Performance Shipping.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Performance Shipping is 1.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 231.10.

Price to Earnings Ratio vs. Sector

The P/E ratio of Performance Shipping is 1.19, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.61.

Price to Book Value per Share Ratio

Performance Shipping has a P/B Ratio of 0.08. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

5.14% of the outstanding shares of Performance Shipping have been sold short.

Short Interest Ratio / Days to Cover

Performance Shipping has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Performance Shipping has recently decreased by 7.36%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Performance Shipping does not currently pay a dividend.

Dividend Growth

Performance Shipping does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

5.14% of the outstanding shares of Performance Shipping have been sold short.

Short Interest Ratio / Days to Cover

Performance Shipping has a short interest ratio ("days to cover") of 6.

Change versus previous month

Short interest in Performance Shipping has recently decreased by 7.36%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.0 / 5
• News Sentiment: 0.48

News Sentiment

Performance Shipping has a news sentiment score of 0.48. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Transportation companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Performance Shipping this week, compared to 1 article on an average week.

Search Interest

8 people have searched for PSHG on MarketBeat in the last 30 days. This is an increase of 300% compared to the previous 30 days.

MarketBeat Follows

1 people have added Performance Shipping to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Performance Shipping insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 0.43% of the stock of Performance Shipping is held by insiders.

Percentage Held by Institutions

Only 19.90% of the stock of Performance Shipping is held by institutions.

PSHG Stock Analysis - Frequently Asked Questions

How have PSHG shares performed this year?

Performance Shipping's stock was trading at $1.86 at the beginning of the year. Since then, PSHG shares have decreased by 0.5% and is now trading at $1.85.

How were Performance Shipping's earnings last quarter?

Performance Shipping Inc. (NASDAQ:PSHG) issued its earnings results on Wednesday, July, 30th. The company reported $0.23 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.04. The business earned $18.14 million during the quarter, compared to analyst estimates of $17.14 million. Performance Shipping had a trailing twelve-month return on equity of 20.92% and a net margin of 72.12%.

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.

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.

What other stocks do shareholders of Performance Shipping own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Performance Shipping investors own include NVIDIA (NVDA), Broadcom (AVGO), GE Aerospace (GE), Meta Platforms (META), Adobe (ADBE), Arista Networks (ANET) and CymaBay Therapeutics (CBAY).

Company Calendar

• Last Earnings: 7/30/2025
• Today: 10/10/2025
• Next Earnings (Estimated): 11/05/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Transportation
• Industry: TRANS - SHIP
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:PSHG
• CIK: 1481241
• Web: www.pshipping.com
• Phone: 302166002400
• Fax: 30-216-600-2599
• Employees: 150
• Year Founded: N/A

Profitability

• EPS (Trailing Twelve Months): $1.56
• Trailing P/E Ratio: 1.20
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $43.73 million
• Net Margins: 72.12%
• Pretax Margin: 72.11%
• Return on Equity: 20.92%
• Return on Assets: 17.65%

Debt

• Debt-to-Equity Ratio: 0.12
• Current Ratio: 7.40
• Quick Ratio: 7.35

Sales & Book Value

• Annual Sales: $87.44 million
• Price / Sales: 0.27
• Cash Flow: $4.57 per share
• Price / Cash Flow: 0.41
• Book Value: $22.14 per share
• Price / Book: 0.08

Miscellaneous

• Outstanding Shares: 12,430,000
• Free Float: 12,379,000
• Market Cap: $23.31 million
• Optionable: Not Optionable
• Beta: -0.32