Diana Shipping Stock Price, News & Analysis (NYSE:DSX)

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diana Shipping in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DSX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSX, but not buy additional shares or sell existing shares.
View DSX analyst ratings or view top-rated stocks.

1 brokers have issued 1-year target prices for Diana Shipping's shares. Their DSX share price targets range from $4.00 to $4.00. On average, they anticipate the company's stock price to reach $4.00 in the next year. This suggests a possible upside of 25.8% from the stock's current price.
View analysts price targets for DSX or view top-rated stocks among Wall Street analysts.

Diana Shipping's stock was trading at $3.90 on January 1st, 2023. Since then, DSX stock has decreased by 18.5% and is now trading at $3.18.
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Diana Shipping saw a increase in short interest in November. As of November 15th, there was short interest totaling 1,530,000 shares, an increase of 14.2% from the October 31st total of 1,340,000 shares. Based on an average daily trading volume, of 402,700 shares, the days-to-cover ratio is presently 3.8 days. Currently, 1.9% of the company's stock are short sold.
View Diana Shipping's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, February 28th 2024.
View our DSX earnings forecast.

Diana Shipping Inc. (NYSE:DSX) announced its earnings results on Wednesday, November, 17th. The shipping company reported $0.15 earnings per share for the quarter, meeting analysts' consensus estimates of $0.15. The shipping company earned $56.61 million during the quarter, compared to the consensus estimate of $55.96 million. Diana Shipping had a trailing twelve-month return on equity of 13.69% and a net margin of 23.81%. During the same quarter in the previous year, the firm earned ($0.09) earnings per share.

Diana Shipping announced a quarterly dividend on Wednesday, November 15th. Investors of record on Monday, November 27th will be paid a dividend of $0.15 per share on Monday, December 4th. This represents a $0.60 annualized dividend and a dividend yield of 18.87%. The ex-dividend date is Friday, November 24th.
Read our dividend analysis for DSX.

Diana Shipping (NYSE:DSX) pays an annual dividend of $0.60 per share and currently has a dividend yield of 17.39%. DSX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 93.75%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, DSX will have a dividend payout ratio of 333.33% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DSX.

SonicShares Global Shipping ETF holds 19,871 shares of DSX stock, representing 0.40% of its portfolio.

Diana Shipping shares split on the morning of Friday, December 15th 2023. The 6-5 split was announced on Friday, December 15th 2023. The newly minted shares will be issued to shareholders after the closing bell on Friday, December 15th 2023. An investor that had 100 shares of stock prior to the split would have 120 shares after the split.

2 employees have rated Diana Shipping Chief Executive Officer Simeon P. Palios on Glassdoor.com. Simeon P. Palios has an approval rating of 100% among the company's employees. This puts Simeon P. Palios in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Diana Shipping investors own include SFL (SFL), Navios Maritime Partners (NMM), AT&T (T), Star Bulk Carriers (SBLK), Safe Bulkers (SB), General Electric (GE), Bank of America (BAC), Pfizer (PFE), Energy Transfer (ET) and Apollo Investment (AINV).

Diana Shipping's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Hosking Partners LLP (4.71%), Lesa Sroufe & Co (0.60%), Stifel Financial Corp (0.45%), SG Americas Securities LLC (0.21%), WINTON GROUP Ltd (0.14%) and Banque Pictet & Cie SA (0.11%).

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