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S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
S&P 500   4,280.15
DOW   33,761.05
QQQ   330.39
Sinema took Wall Street money while killing tax on investors
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Expanded IRS free-file system one step closer in Dems' bill
Climate bill: Could coal communities shift to nuclear?
Germans urged to cap heat in offices this winter to save gas
Potential 500% Return From A Unique $1 Asset? (Ad)pixel
Italy's Lake Garda shrinks to near-historic low amid drought
The 7 Types Of People Every Entrepreneur Needs In Their Inner Circle -- And How To Find Them
Former Deutsche Bank Co-CEO Anshu Jain dies
Shocking Transcript: Financial Chaos Now Brace yourself for what's coming next (Ad)
NYSE:DSX

Diana Shipping - DSX Stock Forecast, Price & News

$5.79
-0.16 (-2.69%)
(As of 08/12/2022 12:00 AM ET)
Add
Compare
Today's Range
$5.66
$5.94
50-Day Range
$4.30
$6.21
52-Week Range
$3.31
$6.89
Volume
1.78 million shs
Average Volume
1.37 million shs
Market Capitalization
$530.02 million
P/E Ratio
4.23
Dividend Yield
18.49%
Price Target
$7.83

Diana Shipping MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.75 Rating Score
Upside/​Downside
35.3% Upside
$7.83 Price Target
Short Interest
Healthy
3.23% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.40mentions of Diana Shipping in the last 14 days
Based on 5 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
-48.37%
From $1.53 to $0.79 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.48 out of 5 stars

Transportation Sector

37th out of 125 stocks

Deep Sea Foreign Transportation Of Freight Industry

15th out of 29 stocks

DSX stock logo

About Diana Shipping (NYSE:DSX) Stock

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of April 13, 2022, it operated a fleet of 35 dry bulk vessels, including 4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 6 Kamsarmax, and 8 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.

Wall Street Analyst Weigh In

DSX has been the topic of several recent research reports. Jefferies Financial Group initiated coverage on shares of Diana Shipping in a report on Wednesday, July 20th. They set a "buy" rating and a $7.00 target price on the stock. StockNews.com raised shares of Diana Shipping from a "hold" rating to a "buy" rating in a report on Wednesday, August 3rd. Clarkson Capital reaffirmed a "buy" rating on shares of Diana Shipping in a report on Tuesday, June 14th. Finally, Stifel Nicolaus cut their price target on shares of Diana Shipping from $8.00 to $7.00 in a report on Tuesday, July 19th. One equities research analyst has rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus price target of $7.83.

Diana Shipping Trading Down 2.7 %

Diana Shipping stock traded down $0.16 during trading hours on Friday, reaching $5.79. The stock had a trading volume of 1,783,775 shares, compared to its average volume of 1,368,282. The stock has a market cap of $530.02 million, a PE ratio of 4.23 and a beta of 1.13. Diana Shipping has a 52 week low of $3.31 and a 52 week high of $6.89. The company has a debt-to-equity ratio of 0.96, a current ratio of 1.81 and a quick ratio of 1.84. The company has a fifty day simple moving average of $5.17 and a 200-day simple moving average of $5.02.

Diana Shipping (NYSE:DSX - Get Rating) last announced its earnings results on Tuesday, May 24th. The shipping company reported $0.31 earnings per share for the quarter, beating analysts' consensus estimates of $0.28 by $0.03. The firm had revenue of $64.22 million for the quarter, compared to analyst estimates of $64.14 million. Diana Shipping had a net margin of 44.08% and a return on equity of 25.03%. During the same quarter in the previous year, the firm posted ($0.03) EPS. Analysts forecast that Diana Shipping will post 1.53 EPS for the current fiscal year.

Diana Shipping Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, August 19th. Stockholders of record on Monday, August 8th will be paid a dividend of $0.275 per share. This is a positive change from Diana Shipping's previous quarterly dividend of $0.10. The ex-dividend date of this dividend is Friday, August 5th. This represents a $1.10 dividend on an annualized basis and a dividend yield of 19.00%. Diana Shipping's payout ratio is presently 80.29%.

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DSX Stock News Headlines

Recap: Diana Shipping Q2 Earnings
Diana Shipping (NYSE:DSX) PT Lowered to $7.00
Best Income Stocks to Buy for June 17th
See More Headlines
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DSX Company Calendar

Last Earnings
5/24/2022
Ex-Dividend for 6/17 Dividend
6/03/2022
Dividend Payable
6/17/2022
Ex-Dividend for 8/19 Dividend
8/05/2022
Today
8/13/2022
Dividend Payable
8/19/2022
Next Earnings (Estimated)
11/16/2022
Fiscal Year End
12/31/2022

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
1,025
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$7.83
High Stock Price Forecast
$9.50
Low Stock Price Forecast
$7.00
Forecasted Upside/Downside
+35.3%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.75
Research Coverage
4 Analysts

Profitability

Net Income
$57.39 million
Pretax Margin
44.08%

Debt

Sales & Book Value

Annual Sales
$214.20 million
Cash Flow
$0.90 per share
Book Value
$4.61 per share

Miscellaneous

Free Float
N/A
Market Cap
$530.02 million
Optionable
Optionable
Beta
1.13

Key Executives

  • Ms. Semiramis Paliou (Age 47)
    CEO & Director
  • Mr. Anastasios C. Margaronis (Age 66)
    Pres & Director
  • Mr. Ioannis G. Zafirakis (Age 50)
    CFO, Chief Strategy Officer, Treasurer, Sec. & Director
  • Mr. Eleftherios A. Papatrifon (Age 51)
    Chief Operating Officer
  • Ms. Maria Dede (Age 49)
    Chief Accounting Officer
  • Ms. Maria-Christina Tsemani
    HR Officer













DSX Stock - Frequently Asked Questions

Should I buy or sell Diana Shipping stock right now?

4 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Diana Shipping in the last twelve months. There are currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DSX shares.
View DSX analyst ratings
or view top-rated stocks.

What is Diana Shipping's stock price forecast for 2022?

4 analysts have issued 12-month price objectives for Diana Shipping's stock. Their DSX share price forecasts range from $7.00 to $9.50. On average, they expect the company's stock price to reach $7.83 in the next year. This suggests a possible upside of 35.3% from the stock's current price.
View analysts price targets for DSX
or view top-rated stocks among Wall Street analysts.

How have DSX shares performed in 2022?

Diana Shipping's stock was trading at $3.89 at the beginning of the year. Since then, DSX stock has increased by 48.8% and is now trading at $5.79.
View the best growth stocks for 2022 here
.

Are investors shorting Diana Shipping?

Diana Shipping saw a decrease in short interest in the month of July. As of July 31st, there was short interest totaling 2,660,000 shares, a decrease of 10.1% from the July 15th total of 2,960,000 shares. Based on an average daily volume of 1,350,000 shares, the short-interest ratio is currently 2.0 days. Approximately 3.2% of the company's shares are short sold.
View Diana Shipping's Short Interest
.

When is Diana Shipping's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 16th 2022.
View our DSX earnings forecast
.

How were Diana Shipping's earnings last quarter?

Diana Shipping Inc. (NYSE:DSX) announced its earnings results on Tuesday, May, 24th. The shipping company reported $0.31 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.03. The shipping company had revenue of $64.22 million for the quarter, compared to analysts' expectations of $64.14 million. Diana Shipping had a net margin of 44.08% and a trailing twelve-month return on equity of 25.03%. During the same period last year, the company earned ($0.03) earnings per share.

How often does Diana Shipping pay dividends? What is the dividend yield for Diana Shipping?

Diana Shipping declared a quarterly dividend on Friday, July 29th. Stockholders of record on Monday, August 8th will be given a dividend of $0.275 per share on Friday, August 19th. This represents a $1.10 dividend on an annualized basis and a yield of 19.00%. The ex-dividend date is Friday, August 5th. This is an increase from the stock's previous quarterly dividend of $0.10.
Read our dividend analysis for DSX
.

Is Diana Shipping a good dividend stock?

Diana Shipping (NYSE:DSX) pays an annual dividend of $1.10 per share and currently has a dividend yield of 18.49%. DSX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 80.29%. 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 139.24% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DSX.

What is Simeon P. Palios' approval rating as Diana Shipping's CEO?

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.

What other stocks do shareholders of Diana Shipping own?

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).

What is Diana Shipping's stock symbol?

Diana Shipping trades on the New York Stock Exchange (NYSE) under the ticker symbol "DSX."

Who are Diana Shipping's major shareholders?

Diana Shipping's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Hosking Partners LLP (4.70%), Renaissance Technologies LLC (1.83%), Walleye Capital LLC (1.16%), Royce & Associates LP (1.02%), Dorsey Wright & Associates (0.65%) and Envestnet Asset Management Inc. (0.16%).

How do I buy shares of Diana Shipping?

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.
Compare Top Brokerages Here.

What is Diana Shipping's stock price today?

One share of DSX stock can currently be purchased for approximately $5.79.

How much money does Diana Shipping make?

Diana Shipping (NYSE:DSX) has a market capitalization of $530.02 million and generates $214.20 million in revenue each year. The shipping company earns $57.39 million in net income (profit) each year or $1.37 on an earnings per share basis.

How many employees does Diana Shipping have?

The company employs 1,025 workers across the globe.

How can I contact Diana Shipping?

Diana Shipping's mailing address is 175 64 PALAIO FALIRO, ATHENS J3, 175 64. The official website for the company is www.dianashippinginc.com. The shipping company can be reached via phone at 302109470100, via email at enebb@optonline.net, or via fax at 30-210-9470-101.

This page (NYSE:DSX) was last updated on 8/14/2022 by MarketBeat.com Staff

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