Diana Shipping (DSX) Set to Announce Quarterly Earnings on Thursday
Diana Shipping (NYSE:DSX) is scheduled to announce its earnings results before the market opens on Thursday, February 22nd. Analysts expect the company to announce earnings of ($0.16) per share for the quarter.
Diana Shipping (NYSE:DSX) last posted its earnings results on Tuesday, November 21st. The shipping company reported ($0.20) earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of ($0.20). Diana Shipping had a negative net margin of 69.54% and a negative return on equity of 9.26%. The business had revenue of $43.92 million for the quarter, compared to analyst estimates of $40.98 million. On average, analysts expect Diana Shipping to post $-1 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Diana Shipping (NYSE DSX) opened at $3.76 on Wednesday. Diana Shipping has a 12 month low of $3.07 and a 12 month high of $6.20. The stock has a market cap of $402.24, a price-to-earnings ratio of -3.24 and a beta of 1.39.
An institutional investor recently raised its position in Diana Shipping stock. State Street Corp grew its stake in Diana Shipping inc. (NYSE:DSX) by 15.4% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 80,149 shares of the shipping company’s stock after purchasing an additional 10,694 shares during the period. State Street Corp owned about 0.08% of Diana Shipping worth $324,000 as of its most recent SEC filing. 39.01% of the stock is owned by hedge funds and other institutional investors.
Diana Shipping Company Profile
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).
Receive News & Ratings for Diana Shipping Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diana Shipping and related companies with MarketBeat.com's FREE daily email newsletter.