Diana Shipping Coverage Initiated by Analysts at MLV & Co (DSX)
Several other analysts have also recently commented on the stock. Analysts at Evercore Partners raised their price target on shares of Diana Shipping from $12.00 to $13.00 in a research note on Thursday, May 15th. 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. One analyst has rated the stock with a sell rating, five have issued a hold rating and five have issued a buy rating to the company’s stock. Diana Shipping presently has an average rating of “Hold” and an average target price of $13.71.
Shares of Diana Shipping (NYSE:DSX) traded down 0.05% during mid-day trading on Wednesday, hitting $11.164. 27,824 shares of the company’s stock traded hands. Diana Shipping has a 52 week low of $9.38 and a 52 week high of $13.93. The stock’s 50-day moving average is $11.33 and its 200-day moving average is $12.05. The company’s market cap is $912.5 million.
Diana Shipping (NYSE:DSX) last released its earnings data on Wednesday, May 14th. The company reported ($0.08) EPS for the quarter, beating the Thomson Reuters consensus estimate of ($0.09) by $0.01. The company had revenue of $41.15 million for the quarter, compared to the consensus estimate of $41.50 million. During the same quarter in the prior year, the company posted ($0.04) earnings per share. The company’s quarterly revenue was up 3.0% on a year-over-year basis. Analysts expect that Diana Shipping will post $-0.26 EPS 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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