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.

A number of research analysts recently issued reports on DSX shares. Morgan Stanley lowered their target price on shares of Diana Shipping from $5.50 to $4.00 and set an “equal weight” rating on the stock in a research note on Monday, February 12th. Deutsche Bank reiterated a “hold” rating on shares of Diana Shipping in a research note on Tuesday, October 31st. Citigroup raised their price target on shares of Diana Shipping from $2.50 to $5.00 and gave the stock a “hold” rating in a research report on Tuesday, October 31st. They noted that the move was a valuation call. Pareto Securities lowered shares of Diana Shipping from a “buy” rating to a “hold” rating and set a $5.00 price target on the stock. in a research report on Wednesday, January 10th. Finally, Jefferies Group assumed coverage on shares of Diana Shipping in a research report on Monday, December 18th. They issued a “hold” rating and a $4.50 price target on the stock. Three investment analysts have rated the stock with a sell rating and nine have issued a hold rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus price target of $4.50.

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.

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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).

Earnings History for Diana Shipping (NYSE:DSX)

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