Media coverage about Diana Shipping inc. (NYSE:DSX) has trended somewhat positive this week, AlphaOne reports. AlphaOne, a subsidiary of Accern, rates the sentiment of media coverage by reviewing more than 20 million blog and news sources in real-time. AlphaOne ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Diana Shipping inc. earned a media sentiment score of 0.20 on AlphaOne’s scale. AlphaOne also assigned press coverage about the shipping company an impact score of 63 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the company’s share price in the immediate future.
These are some of the news stories that may have impacted Alpha One Sentiment’s scoring:
- Friday Sector Leaders: Shipping, Oil & Gas Equipment & Services (4-traders.com)
- Share Performance in View for Diana Shipping inc. (NYSE:DSX … – Jonesboro Recorder (jonesbororecorder.com)
- Why Diana Shipping (DSX) Could Be Positioned for a Surge – Nasdaq (nasdaq.com)
- Diana Shipping inc. (DSX) Raised to “Hold” at ValuEngine (americanbankingnews.com)
Shares of Diana Shipping inc. (DSX) traded up 5.14% during mid-day trading on Friday, hitting $3.68. 401,811 shares of the company’s stock traded hands. The firm has a 50-day moving average of $3.82 and a 200 day moving average of $3.94. Diana Shipping inc. has a 52 week low of $2.11 and a 52 week high of $6.20. The company’s market cap is $299.01 million.
Diana Shipping inc. (NYSE:DSX) last released its quarterly earnings results on Tuesday, May 23rd. The shipping company reported ($0.34) earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.37) by $0.03. The firm had revenue of $31.30 million during the quarter, compared to the consensus estimate of $28.69 million. Diana Shipping inc. had a negative net margin of 138.84% and a negative return on equity of 15.25%. The company’s revenue for the quarter was up 1.6% on a year-over-year basis. During the same quarter last year, the firm earned ($0.41) earnings per share. Equities research analysts predict that Diana Shipping inc. will post ($0.98) EPS for the current year.
Several research firms recently weighed in on DSX. Credit Suisse Group set a $3.00 price objective on shares of Diana Shipping inc. and gave the stock a “hold” rating in a research report on Saturday, April 22nd. Zacks Investment Research cut shares of Diana Shipping inc. from a “buy” rating to a “hold” rating in a research report on Friday. Jefferies Group LLC dropped their price objective on shares of Diana Shipping inc. from $5.00 to $4.50 and set a “hold” rating for the company in a research report on Thursday, May 25th. ValuEngine upgraded shares of Diana Shipping inc. from a “sell” rating to a “hold” rating in a research report on Tuesday. Finally, Stifel Nicolaus restated a “hold” rating and issued a $5.25 price objective on shares of Diana Shipping inc. in a research report on Friday, May 26th. One research analyst has rated the stock with a sell rating, eight have assigned a hold rating and two have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $4.36.
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About Diana Shipping inc.
Diana Shipping Inc is a holding company. The Company is a provider of shipping transportation services. The Company specializes in the ownership of dry bulk vessels. As of February 16, 2017, the Company’s operating fleet consisted of 48 dry bulk carriers, of which 23 were Panamax, four were Kamsarmax, three were Post-Panamax, 14 were Capesize and four were Newcastlemax vessels, having a combined carrying capacity of approximately 5.7 million deadweight tonnage (dwt).
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