Diana Shipping (NYSE:DSX) will 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 quarterly earnings results on Tuesday, November 21st. The shipping company reported ($0.20) earnings per share for the quarter, hitting the Thomson Reuters’ consensus estimate of ($0.20). The firm had revenue of $43.92 million for the quarter, compared to analyst estimates of $40.98 million. Diana Shipping had a negative return on equity of 9.26% and a negative net margin of 69.54%. 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 (DSX) opened at $3.79 on Thursday. The firm has a market capitalization of $384.19, a P/E ratio of -3.27 and a beta of 1.39. Diana Shipping has a 1 year low of $3.07 and a 1 year high of $6.20.
Several research analysts have weighed in on DSX shares. Stifel Nicolaus set a $5.00 price target on Diana Shipping and gave the stock a “hold” rating in a research report on Sunday, October 22nd. Zacks Investment Research raised Diana Shipping from a “hold” rating to a “buy” rating and set a $4.50 price target on the stock in a research report on Thursday, October 19th. Citigroup boosted their price target on 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. ValuEngine lowered Diana Shipping from a “sell” rating to a “strong sell” rating in a research report on Friday, December 1st. Finally, Jefferies Group started coverage on Diana Shipping in a research report on Monday, December 18th. They set a “hold” rating and a $4.50 price target on the stock. Three equities research analysts have rated the stock with a sell rating and nine have given a hold rating to the company. The stock has a consensus rating of “Hold” and an average target price of $4.50.
WARNING: “Diana Shipping (DSX) to Release Quarterly Earnings on Thursday” was originally reported by American Banking News and is the sole property of of American Banking News. If you are reading this article on another website, it was illegally stolen and reposted in violation of United States & international copyright & trademark law. The correct version of this article can be read at https://www.americanbankingnews.com/2018/02/15/diana-shipping-dsx-to-release-quarterly-earnings-on-thursday.html.
About Diana Shipping
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.