Diana Shipping Inc

Diana Shipping Inc Stock Forecast & Price Prediction

Live Diana Shipping Inc Stock (DSX) Price
$2.27

13

Ratings

  • Buy 3
  • Hold 8
  • Sell 2
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$2.27

P/E Ratio

25.22

Volume Traded Today

$635,800

Dividend

$0.075

52 Week High/low

3.57/2.14

Diana Shipping Inc Market Cap

$284.1M

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DSX Summary

Based on ratings from 13 stock analysts, the Diana Shipping Inc stock price is expected to increase by 59.91% in 12 months. This is calculated by using the average 12-month stock price forecast for Diana Shipping Inc. The lowest target is $2.8 and the highest is $4.1. Please note analyst price targets are not guaranteed and could be missed completely.

DSX Analyst Ratings

Diana Shipping Inc has a total of 13 Wall St Analyst ratings. There are 3 buy ratings, 8 ratings, and 2 sell ratings. Since most analysts have a buy consensus rating, the expectation is that Diana Shipping Inc will outperform the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.

DSX stock forecast by analyst

These are the latest 20 analyst ratings of DSX.

Analyst/Firm

Rating

Price Target

Change

Date

Omar Nokta
Jefferies

Hold

$3

Maintains

May 28, 2024
Omar Nokta
Jefferies

Hold

$4

Reiterates

May 30, 2023
Omar Nokta
Jefferies

Hold

$4

Reiterates

Feb 23, 2023
Omar Nokta
Jefferies

Hold

$5

Downgrade

Sep 26, 2022
Benjamin Nolan
Stifel

Buy

$7

Maintains

Jul 19, 2022
Randy Giveans
Jefferies

Hold

$5

Maintains

Feb 25, 2022

BTIG

Neutral


Downgrade

Sep 21, 2021

HC Wainwright & Co.

Buy


Initiates

Sep 13, 2021
Randy Giveans
Jefferies

Hold

$5

Maintains

May 21, 2021

Pareto Securities

Hold


Upgrade

Mar 16, 2021

Pareto

Hold


Upgrade

Mar 16, 2021

Pareto

Sell


Downgrade

Feb 23, 2021

Pareto Securities

Sell


Downgrade

Feb 23, 2021
Randy Giveans
Jefferies

Hold

$3

Maintains

Feb 22, 2021

BTIG

Buy


Initiates

Feb 9, 2021
Benjamin Nolan
Stifel

Buy

$3.5

Upgrade

Feb 1, 2021
Randy Giveans
Jefferies

Hold

$2.5

Maintains

Jan 29, 2021
Randy Giveans
Jefferies

Hold

$1.5

Maintains

Oct 23, 2020

Stifel

Hold

$2.25

Maintains

Oct 19, 2020

Pareto Securities

Hold


Downgrade

Sep 8, 2020

DSX Company Information

What They Do: Provides shipping transportation services.

Business Model: The company operates a fleet of 38 dry bulk vessels that transport a variety of commodities, including iron ore, coal, and grain, across global shipping routes. Its revenue is primarily generated through freight charges for transporting these dry bulk cargoes.

Other Information: Diana Shipping Inc. was incorporated in 1999 and is headquartered in Athens, Greece. The company's fleet includes various types of vessels, providing flexibility and capacity to meet diverse shipping demands.
DSX
Diana Shipping Inc (DSX)

When did it IPO

2005

Staff Count

1,018

Country

Greece

Sector/Industry

Industrials/Marine Shipping

CEO

Ms. Semiramis Paliou

Market Cap

$284.1M

Diana Shipping Inc (DSX) Financial Data

In 2023, DSX generated $262.1M in revenue, which was a decrease of -9.61% from the previous year. This can be seen as a signal that DSX's business is declining, and its share price could be worth less in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$169.7M

Revenue From 2021

$214.2M

26.20 %
From Previous Year

Revenue From 2022

$290.0M

35.37 %
From Previous Year

Revenue From 2023

$262.1M

-9.61 %
From Previous Year
  • Revenue TTM $235.7M
  • Operating Margin TTM 21.7%
  • Gross profit TTM $113.2M
  • Return on assets TTM 3.2%
  • Return on equity TTM 3.3%
  • Profit Margin 6.8%
  • Book Value Per Share 4.20%
  • Market capitalisation $284.1M
  • Revenue for 2021 $214.2M
  • Revenue for 2022 $290.0M
  • Revenue for 2023 $262.1M
  • EPS this year (TTM) $0.09

Diana Shipping Inc (DSX) Latest News

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Diana Shipping Inc. (NYSE: DSX) released its 2023 Environmental, Social and Governance Report, detailing its policies on ESG commitments. The report is accessible on the company's website.

Why It Matters - Diana Shipping's ESG Report highlights its commitment to sustainability and governance, influencing investor perceptions and potentially impacting stock performance and company valuation.

News Image

Mon, 04 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Diana Shipping Inc. completed a $25 million tap issue on its senior unsecured bonds, increasing total outstanding bonds to $175 million. Proceeds will fund general corporate purposes.

Why It Matters - Diana Shipping's successful bond tap issue indicates strong market confidence and liquidity, potentially enhancing its financial stability and growth prospects, impacting stock performance positively.

News Image

Mon, 21 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Diana Shipping Inc. secured an $80.2 million seven-year term loan with Danish Ship Finance A/S, announced on October 21, 2024.

Why It Matters - The $80.2 million loan enhances Diana Shipping's financial stability and capacity for growth, potentially boosting investor confidence and impacting stock performance.

News Image

Wed, 16 Oct 2024

Sentiment - POSITIVE

Source - Seeking Alpha

Summary - Diana Shipping had a weak quarter, impacted by long-term contracts. It restructured debt to 2029, enhancing dividend safety. Common stock dividend is $0.075/share (15.6% yield); preferred shares yield 8.3%.

Why It Matters - Diana Shipping's debt restructuring and high dividend yields enhance cash flow stability, making its common and preferred shares appealing amid a weak quarter.

News Image

Wed, 16 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Diana Shipping Inc. (NYSE: DSX) has signed a time charter with Raffles Shipping for the m/v Selina at a rate of $10,500 per day, effective from Oct. 17, 2024, until April 2025.

Why It Matters - The new charter contract at a daily rate of $10,500 enhances Diana Shipping's revenue stability, positively impacting cash flow and overall financial performance.

News Image

Thu, 03 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Diana Shipping Inc. extended a time charter for the m/v Phaidra with Aquavita International at $12,000 per day, effective Oct. 11, 2024, through May 1 to July 15, 2025.

Why It Matters - Diana Shipping's extended charter contract enhances revenue visibility and stability, potentially boosting future earnings and investor confidence in the company's performance.

...

DSX Frequently asked questions

The highest forecasted price for DSX is $4.1 from at .

The lowest forecasted price for DSX is $2.8 from from

The DSX analyst ratings consensus are 3 buy ratings, 8 hold ratings, and 2 sell ratings.