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.
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.
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 |
When did it IPO
2005
Staff Count
1,018
Country
Greece
Sector/Industry
Industrials/Marine Shipping
CEO
Ms. Semiramis Paliou
Market Cap
$284.1M
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
Revenue From 2021
Revenue From 2022
Revenue From 2023
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.
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.
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.
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.
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.
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.