Diana Shipping inc. (NYSE:DSX) is scheduled to issue its Q416 quarterly earnings data on Tuesday, February 14th. Analysts expect the company to announce earnings of ($0.40) per share and revenue of $28.28 million for the quarter.
Diana Shipping inc. (NYSE:DSX) last posted its quarterly earnings data on Thursday, November 17th. The company reported ($0.99) earnings per share for the quarter, missing the consensus estimate of ($0.41) by $0.58. Diana Shipping inc. had a negative return on equity of 14.09% and a negative net margin of 131.28%. The firm had revenue of $27.10 million for the quarter, compared to analysts’ expectations of $28.01 million. During the same quarter in the previous year, the firm posted ($0.24) earnings per share. The company’s revenue for the quarter was down 30.3% on a year-over-year basis. On average, analysts expect Diana Shipping inc. to post $-2.09 EPS for the current fiscal year and $-1.31 EPS for the next fiscal year.
Diana Shipping inc. (NYSE:DSX) opened at 3.95 on Monday. The firm’s 50-day moving average is $3.81 and its 200 day moving average is $2.99. Diana Shipping inc. has a 52-week low of $2.11 and a 52-week high of $4.97. The stock’s market capitalization is $318.11 million.
A number of equities analysts have recently issued reports on DSX shares. Jefferies Group LLC upped their target price on shares of Diana Shipping inc. from $3.00 to $3.50 and gave the stock a “hold” rating in a research report on Monday, January 23rd. Zacks Investment Research lowered shares of Diana Shipping inc. from a “buy” rating to a “hold” rating in a research report on Tuesday, November 22nd. Finally, Nordea Equity Research upgraded shares of Diana Shipping inc. from a “hold” rating to a “buy” rating in a research report on Friday, January 27th. Two research analysts have rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $3.13.
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About Diana Shipping inc.
Diana Shipping Inc is a holding company. The Company is engaged in providing shipping transportation services. The Company is also engaged in the ocean transportation of dry bulk cargoes across the world through the ownership of dry bulk carrier vessels. Its fleet consists of over 45 dry bulk vessels, of which 22 are Panamax, four are Kamsarmax, three are Post-Panamax, 14 are Capesize and two are Newcastlemax vessels, having a combined carrying capacity of over 5.2 million dead weight tons.
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