Diana Shipping (DSX) Stock Price, News & Analysis

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Diana Shipping in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street analysts is that investors should "hold" DSX shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in DSX, but not buy additional shares or sell existing shares.
View DSX analyst ratings or view top-rated stocks.

1 brokerages have issued 1 year price targets for Diana Shipping's shares. Their DSX share price targets range from $3.33 to $3.33. On average, they anticipate the company's share price to reach $3.33 in the next twelve months. This suggests a possible upside of 14.2% 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 $2.97 at the start of the year. Since then, DSX shares have decreased by 1.7% and is now trading at $2.92.
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Diana Shipping saw a increase in short interest during the month of December. As of December 31st, there was short interest totaling 1,330,000 shares, an increase of 9.0% from the December 15th total of 1,220,000 shares. Based on an average daily volume of 657,500 shares, the short-interest ratio is currently 2.0 days. Approximately 1.7% of the shares of the company are sold short.
View Diana Shipping's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Friday, February 23rd 2024.
View our DSX earnings forecast.

Diana Shipping will be holding an earnings conference call on Friday, February 23rd at 9:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 201-612-7415 with passcode "13744214".

Diana Shipping Inc. (NYSE:DSX) posted its quarterly earnings data on Wednesday, November, 15th. The shipping company reported $0.05 earnings per share for the quarter, missing the consensus estimate of $0.06 by $0.01. The shipping company earned $59.13 million during the quarter, compared to analysts' expectations of $63 million. Diana Shipping had a net margin of 23.81% and a trailing twelve-month return on equity of 13.69%.

Diana Shipping announced a quarterly dividend on Wednesday, November 15th. Investors of record on Monday, November 27th will be given a dividend of $0.125 per share on Monday, December 4th. This represents a $0.50 dividend on an annualized basis and a yield of 17.12%. The ex-dividend date of this dividend is Friday, November 24th.
Read our dividend analysis for DSX.

Diana Shipping (NYSE:DSX) pays an annual dividend of $0.60 per share and currently has a dividend yield of 20.55%. DSX has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 93.75%. 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 428.57% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for DSX.

SonicShares Global Shipping ETF holds 19,871 shares of DSX stock, representing 0.40% of its portfolio.

Diana Shipping's stock split on Friday, December 15th 2023. The 6-5 split was announced on Friday, December 15th 2023. The newly minted shares were payable to shareholders after the closing bell on Friday, December 15th 2023. An investor that had 100 shares of stock prior to the split would have 120 shares after the split.

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's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Lesa Sroufe & Co (0.60%), Russell Investments Group Ltd. (0.23%), Colonial River Wealth Management LLC (0.02%), Dynamic Technology Lab Private Ltd (0.01%), Jump Financial LLC (0.01%) and Concourse Financial Group Securities Inc. (0.00%).

Shares of DSX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
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