Diana Shipping (NYSE:DSX) Releases Quarterly Earnings Results

Diana Shipping (NYSE:DSX) announced its quarterly earnings results on Tuesday. The shipping company reported $0.02 earnings per share (EPS) for the quarter, Zacks reports. Diana Shipping had a return on equity of 4.42% and a net margin of 5.36%.

Diana Shipping Price Performance

Shares of NYSE DSX opened at $1.83 on Tuesday. Diana Shipping has a fifty-two week low of $1.73 and a fifty-two week high of $3.22. The company has a debt-to-equity ratio of 1.27, a quick ratio of 2.04 and a current ratio of 2.10. The company has a market capitalization of $229.53 million, a price-to-earnings ratio of 60.89 and a beta of 1.05. The company has a 50 day simple moving average of $1.86 and a two-hundred day simple moving average of $2.13.

Wall Street Analysts Forecast Growth

Separately, StockNews.com upgraded shares of Diana Shipping from a “sell” rating to a “hold” rating in a report on Tuesday, November 26th.

About Diana Shipping

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.