Diana Shipping (NYSE:DSX) Upgraded to “Buy” at Wall Street Zen

Diana Shipping (NYSE:DSX) was upgraded by research analysts at Wall Street Zen from a “hold” rating to a “buy” rating in a note issued to investors on Saturday.

Separately, Weiss Ratings raised Diana Shipping from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Wednesday, April 22nd. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Diana Shipping has an average rating of “Hold”.

Diana Shipping Stock Down 3.8%

DSX stock opened at $2.38 on Friday. The company has a market cap of $293.41 million, a PE ratio of 6.79 and a beta of 0.53. The business has a 50-day simple moving average of $2.56 and a 200 day simple moving average of $2.24. Diana Shipping has a 52 week low of $1.42 and a 52 week high of $2.91. The company has a quick ratio of 2.69, a current ratio of 2.73 and a debt-to-equity ratio of 1.15.

Diana Shipping (NYSE:DSX) last posted its quarterly earnings results on Thursday, May 28th. The shipping company reported $0.06 EPS for the quarter, beating analysts’ consensus estimates of $0.02 by $0.04. The business had revenue of $54.74 million during the quarter, compared to the consensus estimate of $52.70 million. Diana Shipping had a return on equity of 4.64% and a net margin of 20.61%.

Institutional Trading of Diana Shipping

Hedge funds and other institutional investors have recently made changes to their positions in the company. Cetera Investment Advisers bought a new stake in shares of Diana Shipping during the first quarter worth about $26,000. EverSource Wealth Advisors LLC grew its holdings in shares of Diana Shipping by 71.2% during the first quarter. EverSource Wealth Advisors LLC now owns 10,942 shares of the shipping company’s stock worth $27,000 after purchasing an additional 4,550 shares during the last quarter. Blue Trust Inc. grew its holdings in shares of Diana Shipping by 159.0% during the first quarter. Blue Trust Inc. now owns 12,839 shares of the shipping company’s stock worth $32,000 after purchasing an additional 7,881 shares during the last quarter. Lazard Asset Management LLC bought a new stake in shares of Diana Shipping during the first quarter worth about $98,000. Finally, Mercuria Capital Strategies LLC bought a new stake in shares of Diana Shipping during the fourth quarter worth about $88,000. 48.68% of the stock is currently owned by institutional investors.

Diana Shipping News Summary

Here are the key news stories impacting Diana Shipping this week:

• Positive Sentiment: Diana Shipping reported first-quarter 2026 EPS of $0.06, topping analyst expectations of $0.02, while revenue of $54.73 million also came in above estimates. The company also said net income rose sharply year over year, highlighting improved operating performance. Article: Diana Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2026; Declares Cash Dividend of $0.01 Per Common Share
• Positive Sentiment: The board also declared a quarterly cash dividend of $0.01 per share, which provides a modest shareholder return and may support income-focused investor interest. Article: Diana Shipping Releases Updated Investor Presentation on May 28, 2026
• Neutral Sentiment: Shareholders approved the board slate and reappointed the company’s auditor at the 2026 virtual annual meeting, removing governance uncertainty but not materially changing the investment outlook. Article: Diana Shipping Inc. Announces Results of 2026 Annual Meeting of Shareholders
• Negative Sentiment: A Seeking Alpha commentary argued that the recent share-price rally has not fixed the company’s underlying challenges, suggesting some investors remain cautious about the durability of the improvement. Article: Diana Shipping’s Rally Has Not Fixed The Ship

Diana Shipping Company Profile

Diana Shipping Inc is a global shipping company incorporated in the Republic of the Marshall Islands and headquartered in Athens, Greece. The company specializes in the ownership and operation of dry bulk vessels that transport a variety of commodities, including coal, iron ore, grains, fertilizers, steel products and other bulk materials. Diana Shipping’s fleet comprises Panamax, Capesize, Newcastlemax and Supramax/Newcastlemax segments, enabling it to address the needs of customers on key global trade routes.

The company conducts its operations by chartering vessels on short‐term voyage charters and longer‐term period charters.