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NASDAQ:PSHG

Performance Shipping (PSHG) Stock Price, News & Analysis

Performance Shipping logo
$1.61 +0.14 (+9.52%)
Closing price 05/27/2025 03:59 PM Eastern
Extended Trading
$1.60 -0.01 (-0.31%)
As of 05/27/2025 06:51 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Performance Shipping Stock (NASDAQ:PSHG)

Key Stats

Today's Range
$1.52
$1.61
50-Day Range
$1.33
$1.66
52-Week Range
$1.31
$2.58
Volume
49,400 shs
Average Volume
61,733 shs
Market Capitalization
$20.02 million
P/E Ratio
1.44
Dividend Yield
N/A
Price Target
$6.50
Consensus Rating
Buy

Company Overview

Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.

Performance Shipping Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
58th Percentile Overall Score

PSHG MarketRank™: 

Performance Shipping scored higher than 58% of companies evaluated by MarketBeat, and ranked 92nd out of 128 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Performance 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 Coverage

    Performance Shipping has received no research coverage in the past 90 days.

  • Read more about Performance Shipping's stock forecast and price target.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Performance Shipping is 1.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 24.74.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Performance Shipping is 1.44, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.19.

  • 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.

  • Read more about Performance Shipping's valuation and earnings.
  • Percentage of Shares Shorted

    5.10% 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 12.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Performance Shipping has recently decreased by 5.32%, indicating that investor sentiment is improving significantly.
  • Dividend Yield

    Performance Shipping does not currently pay a dividend.

  • Dividend Growth

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

  • Dividend Coverage

    The dividend payout ratio of Performance Shipping is 8.93%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Read more about Performance Shipping's dividend.
  • Percentage of Shares Shorted

    5.10% 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 12.6, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Performance Shipping has recently decreased by 5.32%, indicating that investor sentiment is improving significantly.
  • News Sentiment

    Performance Shipping has a news sentiment score of 1.08. 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 higher news sentiment than the 0.96 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 3 news articles for Performance Shipping this week, compared to 0 articles on an average week.
  • Search Interest

    Only 1 people have searched for PSHG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.
  • MarketBeat Follows

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

  • Read more about Performance Shipping's insider trading history.
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PSHG Stock News Headlines

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PSHG Stock Analysis - Frequently Asked Questions

Performance Shipping's stock was trading at $1.86 at the start of the year. Since then, PSHG stock has decreased by 13.4% and is now trading at $1.61.
View the best growth stocks for 2025 here
.

Performance Shipping Inc. (NASDAQ:PSHG) issued its earnings results on Wednesday, May, 28th. The company reported $0.76 EPS for the quarter, topping the consensus estimate of $0.21 by $0.56. The business had revenue of $21.33 million for the quarter, compared to analyst estimates of $21.12 million. Performance Shipping had a net margin of 49.49% and a trailing twelve-month return on equity of 16.99%.

Performance Shipping shares reverse split on the morning of 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.

Top institutional shareholders of Performance Shipping include Acadian Asset Management LLC (3.37%).

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.

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

Today
5/27/2025
Last Earnings
5/27/2025
Next Earnings (Estimated)
5/28/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Current Symbol
NASDAQ:PSHG
Employees
150
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$6.50
High Stock Price Target
$6.50
Low Stock Price Target
$6.50
Potential Upside/Downside
+303.7%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Trailing P/E Ratio
1.44
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$69.41 million
Pretax Margin
65.83%

Debt

Sales & Book Value

Annual Sales
$87.45 million
Cash Flow
$7.32 per share
Price / Cash Flow
0.22
Book Value
$20.62 per share
Price / Book
0.08

Miscellaneous

Free Float
12,379,000
Market Cap
$20.02 million
Optionable
Not Optionable
Beta
-0.54
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This page (NASDAQ:PSHG) was last updated on 5/28/2025 by MarketBeat.com Staff
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