Diana Shipping (DSX) Announces Quarterly Earnings Results, Beats Estimates By $0.01 EPS
Diana Shipping (NYSE:DSX) released its earnings data on Wednesday. The company reported ($0.08) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.01, Stock Ratings Network.com reports. The company had revenue of $41.15 million for the quarter, compared to the consensus estimate of $41.50 million.
Shares of Diana Shipping (NYSE:DSX) opened at 11.08 on Wednesday. Diana Shipping has a 52-week low of $9.38 and a 52-week high of $13.93. The stock has a 50-day moving average of $11.59 and a 200-day moving average of $12.08. The company’s market cap is $902.8 million.
DSX has been the subject of a number of recent research reports. 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, April 23rd. They now have a “buy” rating on the stock. 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. One research analyst has rated the stock with a sell rating, five have given a hold rating and six have issued a buy rating to the company’s stock. The company currently has a consensus rating of “Hold” and a consensus target price of $13.56.
Diana Shipping Inc is a holding company. The Company is a global provider of shipping transportation services.
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