Diana Shipping Given Consensus Recommendation of “Hold” by Analysts (NYSE:DSX)
Shares of Diana Shipping (NYSE:DSX) have been given an average rating of “Hold” by the thirteen analysts that are covering the stock, Analyst Ratings Network.com reports. One analyst has rated the stock with a sell recommendation, five have issued a hold recommendation and six have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued ratings on the stock in the last year is $13.56.
A number of analysts have recently weighed in on DSX shares. Analysts at Deutsche Bank raised their price target on shares of Diana Shipping from $15.00 to $16.00 in a research note on Wednesday. They now have a “buy” rating on the stock. Separately, analysts at Morgan Stanley upgraded shares of Diana Shipping to an “overweight” rating in a research note on Wednesday, February 19th. They now have a $15.50 price target on the stock, up previously from $14.50. Finally, analysts at Iberia Capital downgraded shares of Diana Shipping from an “outperform” rating to a “sector perform” rating in a research note on Tuesday, February 4th.
Diana Shipping (NYSE:DSX) traded down 0.17% during mid-day trading on Thursday, hitting $11.84. 79,981 shares of the company’s stock traded hands. Diana Shipping has a 52 week low of $9.00 and a 52 week high of $13.93. The stock has a 50-day moving average of $12.19 and a 200-day moving average of $12.16. The company’s market cap is $964.7 million.
Diana Shipping (NYSE:DSX) last announced its earnings results on Tuesday, February 18th. The company reported ($0.12) EPS for the quarter, missing the Thomson Reuters consensus estimate of ($0.06) by $0.06. The company had revenue of $39.46 million for the quarter, compared to the consensus estimate of $42.79 million. On average, analysts predict that Diana Shipping will post $-0.23 earnings per share for the current fiscal year.
Diana Shipping Inc is a holding company. The Company is a global provider of shipping transportation services.
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