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Home โบ Stocks โบ Performance Shipping Inc. (PSHG) Stock Forecast & Price Prediction Greece | NASDAQ | Industrials | Marine Shipping
$1.69
-0.03 (-1.74%)Did PSHG Make This Month's Elite Buy List?
We don't follow just any analyst โ only the top 3% with a proven track record make our cut. See if Performance Shipping is one of their latest high-conviction picks.
Based on our analysis of 2 Wall Street analysts, PSHG has a bullish consensus with a median price target of $5.75 (ranging from $5.00 to $6.50). The overall analyst rating is N/A (N/A/10). Currently trading at $1.69, the median forecast implies a 240.2% upside. This outlook is supported by 2 Buy, 0 Hold, and 0 Sell ratings.
The most optimistic forecast comes from Poe Fratt at Alliance Global Partners, projecting a 284.6% upside.
Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.
These are the latest 20 analyst ratings and price targets for PSHG.
| Date | Firm | Analyst | Rating | Change | Price Target |
|---|---|---|---|---|---|
| Jul 22, 2024 | Alliance Global Partners | Poe Fratt | Buy | Initiates | $6.50 |
| Mar 29, 2021 | HC Wainwright & Co. | Buy | Initiates | $11.00 |
The following stocks are similar to Performance Shipping based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.
Performance Shipping Inc. has a market capitalization of $21.38M with a P/E ratio of 2.2x. The company generates $96.61M in trailing twelve-month revenue with a 31.9% profit margin.
Revenue growth is +58.3% quarter-over-quarter, while maintaining an operating margin of +44.7% and return on equity of +9.6%.
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Shipping company focused on petroleum transportation.
The company operates a fleet of tanker vessels to transport refined petroleum products. It generates revenue by providing maritime transportation services to oil and petroleum derivative markets, playing a critical role in the global energy supply chain.
Performance Shipping Inc. contributes significantly to international trade and logistics, ensuring efficient transport services that balance supply and demand in oil markets. The company emphasizes the use of modern vessels and compliance with maritime regulations to enhance operational efficiency.
Industrials
Marine Shipping
292
Mr. Andreas Nikolaos Michalopoulos
Greece
2011
Performance Shipping Inc. has extended its time charter contract with American Eagle Tankers for the M/T Blue Moon, a 2011-built Aframax tanker.
The charter extension with AET secures a steady revenue stream for Performance Shipping, enhancing cash flow stability and potentially increasing shareholder confidence.
Performance Shipping Inc. has completed the sale of the 2009-built Aframax tanker M/T P. Sophia, which was delivered debt-free to its new owners.
The sale of the debt-free M/T P. Sophia enhances Performance Shipping's liquidity and reduces operational risks, potentially boosting investor confidence and share value.
Performance Shipping Inc. has amended its secured loan facility with Nordea Bank through its subsidiaries, as announced on July 8, 2026.
The amendment to the secured loan facility may affect Performance Shipping's financial stability and liquidity, impacting its stock performance and investor confidence.
Performance Shipping Inc. has extended its time charter contract with Aramco Trading Fujairah FZE for the Aframax tanker M/T Briolette, enhancing its shipping operations.
The extension of the time charter with Aramco enhances Performance Shipping's revenue stability and prospects, signaling strong demand in the shipping sector, which can positively influence its stock performance.
Performance Shipping Inc. has received approval to amend the terms of its 9.875% senior secured bonds, originally dated July 15, 2025.
Approval to amend bond terms can improve financial flexibility for Performance Shipping, potentially enhancing creditworthiness and reducing risk for investors holding the Bonds.
Performance Shipping Inc. reported Q1 2026 net income of $10.2 million, down from $29.4 million in Q1 2025, which included a $19.5 million gain from a vessel sale. EPS for Q1 2026 was $0.79 (basic) and $0.26 (diluted).
Performance Shipping's significant drop in net income signals potential financial instability, affecting stock performance and investor sentiment in the shipping sector.
Based on our analysis of 2 Wall Street analysts, Performance Shipping Inc. (PSHG) has a median price target of $5.75. The highest price target is $6.50 and the lowest is $5.00.
According to current analyst ratings, PSHG has 2 Buy ratings, 0 Hold ratings, and 0 Sell ratings. The stock is currently trading at $1.69. Always conduct your own research and consider your investment goals before making investment decisions.
Wall Street analysts predict PSHG stock could reach $5.75 in the next 12 months. This represents a 240.2% increase from the current price of $1.69. Please note that this is a projection by Wall Street analysts and not a guarantee.
The company operates a fleet of tanker vessels to transport refined petroleum products. It generates revenue by providing maritime transportation services to oil and petroleum derivative markets, playing a critical role in the global energy supply chain.
The highest price target for PSHG is $6.50 from Poe Fratt at Alliance Global Partners, which represents a 284.6% increase from the current price of $1.69.
The lowest price target for PSHG is $5.00 from at , which represents a 195.9% increase from the current price of $1.69.
The overall analyst consensus for PSHG is bullish. Out of 2 Wall Street analysts, 2 rate it as Buy, 0 as Hold, and 0 as Sell, with a median price target of $5.75.
Stock price projections, including those for Performance Shipping Inc., are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.
The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. 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.