NYSE:DSSIDiamond S Shipping Stock Price, Forecast & News

Diamond S Shipping's stock was trading at $10.83 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DSSI shares have decreased by 10.0% and is now trading at $9.75. View which stocks have been most impacted by Coronavirus.

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diamond S Shipping in the last year. There are currently 1 hold rating and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Diamond S Shipping.

Diamond S Shipping is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Diamond S Shipping.

Diamond S Shipping Inc (NYSE:DSSI) posted its quarterly earnings results on Friday, May, 8th. The company reported $1.12 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.34. The business had revenue of $209.73 million for the quarter, compared to the consensus estimate of $182.53 million. Diamond S Shipping had a return on equity of 4.89% and a net margin of 5.35%. View Diamond S Shipping's earnings history.

4 Wall Street analysts have issued 12 month target prices for Diamond S Shipping's shares. Their forecasts range from $17.00 to $20.00. On average, they anticipate Diamond S Shipping's share price to reach $18.30 in the next twelve months. This suggests a possible upside of 87.7% from the stock's current price. View analysts' price targets for Diamond S Shipping.

Media coverage about DSSI stock has been trending very negative this week, InfoTrie reports. The research firm identifies positive and negative press coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Diamond S Shipping earned a coverage optimism score of -3.2 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. View the latest news aboutDiamond S Shipping.

Diamond S Shipping saw a drop in short interest in May. As of May 15th, there was short interest totaling 1,030,000 shares, a drop of 17.6% from the April 30th total of 1,250,000 shares. Based on an average daily trading volume, of 716,400 shares, the days-to-cover ratio is presently 1.4 days. Currently, 4.2% of the company's shares are sold short. View Diamond S Shipping's Current Options Chain.

Some companies that are related to Diamond S Shipping include National Express Group (NXPGF), The Providence Service (PRSC), Despegar.com (DESP), Lindblad Expeditions (LIND), Daseke (DSKE), Tuniu (TOUR), Yatra Online (YTRA), Leafbuyer Technologies (LBUY) and Tempus Applied Solutions (TMPS). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diamond S Shipping investors own include AT&T (T), Capital Product Partners (CPLP), New Residential Investment (NRZ), Philip Morris International (PM), Scorpio Tankers (STNG), TSAKOS ENERGY N/SH (TNP), ARBOR RLTY TR I/SH (ABR), Brookfield Property Partners (BPY), Energy Transfer LP Unit (ET) and Teekay Lng Partners (TGP).

Diamond S Shipping trades on the New York Stock Exchange (NYSE) under the ticker symbol "DSSI."

Diamond S Shipping's stock is owned by a variety of institutional and retail investors. Top institutional investors include Donald Smith & CO. Inc. (5.61%), BlackRock Inc. (4.58%), State Street Corp (1.23%), JPMorgan Chase & Co. (1.11%), Geode Capital Management LLC (0.87%) and Schneider Capital Management Corp (0.84%). Company insiders that own Diamond S Shipping stock include Craig H Stevenson Jr, Gerasimos Ventouris, Michael G Fogarty, Recovery Fund Iv Dss Aiv Wlr, Reserve Gp Xii Ltd First and Sanjay Sukhrani. View institutional ownership trends for Diamond S Shipping.

DSSI stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Parametric Portfolio Associates LLC, Paloma Partners Management Co, Bank of New York Mellon Corp, GSA Capital Partners LLP, Wells Fargo & Company MN, UBS Group AG, and New York State Common Retirement Fund. Company insiders that have sold Diamond S Shipping company stock in the last year include Recovery Fund Iv Dss Aiv Wlr, Reserve Gp Xii Ltd First, and Sanjay Sukhrani. View insider buying and selling activity for Diamond S Shipping.

DSSI stock was bought by a variety of institutional investors in the last quarter, including Donald Smith & CO. Inc., BlackRock Inc., JPMorgan Chase & Co., Schneider Capital Management Corp, Invesco Ltd., VR Advisory Services Ltd, State Street Corp, and Geode Capital Management LLC. Company insiders that have bought Diamond S Shipping stock in the last two years include Craig H Stevenson Jr, Gerasimos Ventouris, and Michael G Fogarty. View insider buying and selling activity for Diamond S Shipping.

Shares of DSSI can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of DSSI stock can currently be purchased for approximately $9.75.

Diamond S Shipping has a market capitalization of $394.39 million and generates $579.78 million in revenue each year. The company earns $-9,310,000.00 in net income (profit) each year or $0.36 on an earnings per share basis.

The official website for Diamond S Shipping is www.diamondsshipping.com.

Diamond S Shipping's mailing address is 33 BENEDICT PLACE, GREENWICH CT, 06830. The company can be reached via phone at 203-413-2000 or via email at [email protected]