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 reached pandemic status according to the World Health Organization. Since then, DSSI shares have decreased by 26.5% and is now trading at $7.96. 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) issued its quarterly earnings results on Friday, May, 8th. The company reported $1.12 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.78 by $0.34. The company had revenue of $209.73 million for the quarter, compared to analyst estimates 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 brokers have issued 12-month price objectives for Diamond S Shipping's shares. Their forecasts range from $18.00 to $25.00. On average, they expect Diamond S Shipping's share price to reach $20.30 in the next twelve months. This suggests a possible upside of 155.0% from the stock's current price. View analysts' price targets for Diamond S Shipping.

News coverage about DSSI stock has been trending negative this week, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing 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 media sentiment score of -2.4 on InfoTrie's scale. They also gave news articles about the company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an effect on the stock's share price in the near future. View the latest news about Diamond S Shipping.

Diamond S Shipping saw a decrease in short interest during the month of June. As of June 30th, there was short interest totaling 1,030,000 shares, a decrease of 17.6% from the June 15th total of 1,250,000 shares. Based on an average daily volume of 703,800 shares, the short-interest ratio is currently 1.5 days. Approximately 4.0% 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 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 $7.96.

Diamond S Shipping has a market capitalization of $321.98 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]