NYSE:DSSIDiamond S Shipping Stock Price, Forecast & News

Diamond S Shipping's stock was trading at $10.83 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DSSI stock has decreased by 27.1% and is now trading at $7.90. 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) released its earnings results on Friday, May, 8th. The company reported $1.12 EPS for the quarter, topping the Zacks' consensus estimate of $0.78 by $0.34. The firm earned $209.73 million during the quarter, compared to analysts' expectations of $182.53 million. Diamond S Shipping had a net margin of 5.35% and a return on equity of 4.89%. View Diamond S Shipping's earnings history.

4 analysts have issued twelve-month price objectives for Diamond S Shipping's stock. Their forecasts range from $18.00 to $25.00. On average, they expect Diamond S Shipping's stock price to reach $20.30 in the next twelve months. This suggests a possible upside of 157.0% from the stock's current price. View analysts' price targets for Diamond S Shipping.

News headlines about DSSI stock have trended negative recently, according to InfoTrie Sentiment Analysis. InfoTrie scores the sentiment of media coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Diamond S Shipping earned a daily sentiment score of -2.1 on InfoTrie's scale. They also assigned press coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future. View the latest news about Diamond S Shipping.

Diamond S Shipping saw a decline in short interest in June. As of June 30th, there was short interest totaling 1,030,000 shares, a decline of 17.6% from the June 15th total of 1,250,000 shares. Based on an average trading volume of 703,800 shares, the short-interest ratio is currently 1.5 days. Approximately 4.0% of the shares of the company are sold short. View Diamond S Shipping's Current Options Chain.

Some companies that are related to Diamond S Shipping include 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."

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 $7.90.

Diamond S Shipping has a market capitalization of $319.56 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]