Diana Shipping (DSX) Scheduled to Post Earnings on Wednesday

Posted by Mark Dietrich on Jul 30th, 2024

Diana Shipping (NYSE:DSX – Get Free Report) is scheduled to release its earnings data before the market opens on Wednesday, July 31st. Analysts expect Diana Shipping to post earnings of $0.05 per share for the quarter. Individual interested in participating in the company’s earnings conference call can do so using this link.

Diana Shipping (NYSE:DSX – Get Free Report) last posted its earnings results on Tuesday, May 28th. The shipping company reported $0.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.01. The company had revenue of $54.38 million during the quarter. Diana Shipping had a return on equity of 7.06% and a net margin of 11.81%. On average, analysts expect Diana Shipping to post $0 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Diana Shipping Stock Performance

Shares of DSX stock opened at $2.70 on Tuesday. The stock has a 50-day moving average of $2.90 and a 200-day moving average of $2.94. Diana Shipping has a one year low of $2.64 and a one year high of $3.98. The stock has a market cap of $337.74 million, a PE ratio of 12.27 and a beta of 1.14. The company has a debt-to-equity ratio of 1.27, a current ratio of 2.14 and a quick ratio of 2.08.

Diana Shipping Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, June 18th. Shareholders of record on Wednesday, June 12th were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 11.11%. The ex-dividend date of this dividend was Wednesday, June 12th. Diana Shipping’s payout ratio is presently 136.37%.

Analyst Ratings Changes

Separately, Jefferies Financial Group reissued a “hold” rating and issued a $3.00 price target on shares of Diana Shipping in a report on Tuesday, May 28th.

Check Out Our Latest Stock Report on DSX

Diana Shipping Company Profile

(Get Free Report)

Diana Shipping Inc provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of March 1, 2024, it operated a fleet of 38 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 6 Panamax.