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Performance Shipping (PSHG) Stock Price, News & Analysis

Performance Shipping logo
$1.68 -0.03 (-1.47%)
As of 08/28/2026 04:00 PM Eastern

About Performance Shipping Stock (NASDAQ:PSHG)

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Key Stats

Today's Range
$1.67
$1.70
50-Day Range
$1.64
$1.89
52-Week Range
$1.61
$2.58
Volume
74,822 shs
Average Volume
37,776 shs
Market Capitalization
$20.88 million
P/E Ratio
1.83
Dividend Yield
N/A
Price Target
N/A
Consensus Rating
Hold

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.

AI Generated. May Contain Errors.

Performance Shipping Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
28th Percentile Overall Score

PSHG MarketRank™: 

Performance Shipping scored higher than 28% of companies evaluated by MarketBeat, and ranked 566th out of 671 stocks in the industrials 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 Hold. The company's average rating score is 2.00, and is based on no strong buy ratings, no buy ratings, 1 hold rating, and no sell ratings.

  • Amount of Analyst Coverage

    Performance 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.
  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Performance Shipping is 1.83, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 45.14.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Performance Shipping is 1.83, which means that it is trading at a less expensive P/E ratio than the Industrials sector average P/E ratio of about 26.37.

  • Price to Book Value per Share Ratio

    Performance Shipping has a P/B Ratio of 0.06. 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

    3.48% of the float of Performance Shipping has been sold short.
  • Short Interest Ratio / Days to Cover

    Performance Shipping has a short interest ratio ("days to cover") of 13.27, which indicates bearish sentiment.
  • Change versus previous month

    Short interest in Performance Shipping has recently decreased by 2.38%, indicating that investor sentiment is improving.
  • Dividend Yield

    Performance Shipping does not currently pay a dividend.

  • Dividend Growth

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

  • News Sentiment

    Performance Shipping has a news sentiment score of 1.87. 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 0.85 average news sentiment score of Industrials companies.
  • News Coverage This Week

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

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

  • Percentage Held by Institutions

    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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See More Headlines

PSHG Stock Analysis - Frequently Asked Questions

Performance Shipping's stock was trading at $2.13 on January 1st, 2026. Since then, PSHG stock has decreased by 21.1% and is now trading at $1.68.

Performance Shipping Inc. (NASDAQ:PSHG) announced its earnings results on Wednesday, July, 29th. The company reported $0.37 earnings per share for the quarter, missing the consensus estimate of $0.52 by $0.15. The business had revenue of $34.66 million for the quarter, compared to analyst estimates of $32.34 million. Performance Shipping had a trailing twelve-month return on equity of 10.21% and a net margin of 29.70%.

Performance Shipping's stock reverse split before market open 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 closing bell 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.

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

Company Calendar

Last Earnings
7/29/2026
Today
8/30/2026
Next Earnings (Estimated)
11/11/2026
Fiscal Year End
12/31/2026

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Marine Transportation
Sub-Industry
Marine Transportation
Current Symbol
NASDAQ:PSHG
CIK
1481241
Employees
150
Year Founded
N/A

Profitability

EPS (Trailing Twelve Months)
$0.92
Trailing P/E Ratio
1.83
Forward P/E Ratio
N/A
P/E Growth
N/A
Net Income
$49.97 million
Net Margins
29.70%
Pretax Margin
31.85%
Return on Equity
10.21%
Return on Assets
5.48%

Debt

Debt-to-Equity Ratio
0.84
Current Ratio
3.91
Quick Ratio
3.85

Sales & Book Value

Annual Sales
$84.17 million
Price / Sales
0.25
Cash Flow
$5.25 per share
Price / Cash Flow
0.32
Book Value
$26.01 per share
Price / Book
0.06

Miscellaneous

Outstanding Shares
12,430,000
Free Float
12,379,000
Market Cap
$20.88 million
Optionable
Not Optionable
Beta
-0.14
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This page (NASDAQ:PSHG) was last updated on 8/30/2026 by MarketBeat.com Staff.
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