Diana Shipping - DSX Stock Forecast, Price & News

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.
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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.

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

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.

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.

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.

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

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%).

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

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.

The company employs 1,025 workers across the globe.

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.