Todays Report: Today: Diana Shipping inc. (DSX) Set to Announce Earnings on Tuesday

Today: Diana Shipping inc. (DSX) Set to Announce Earnings on Tuesday

Diana Shipping inc. (NYSE:DSX) is scheduled to be issuing its quarterly earnings data before the market opens on Tuesday, November 29th.

Diana Shipping inc. (NYSE:DSX) last posted its earnings results on Thursday, November 17th. The company reported ($0.99) EPS for the quarter, missing the consensus estimate of ($0.41) by $0.58. Diana Shipping inc. had a negative net margin of 131.28% and a negative return on equity of 14.09%. The firm earned $27.10 million during the quarter, compared to analyst estimates of $28.01 million. During the same period in the previous year, the company posted ($0.24) EPS. Diana Shipping inc.’s revenue for the quarter was down 30.3% compared to the same quarter last year. On average, analysts expect Diana Shipping inc. to post $-1.73 EPS for the current fiscal year and $-1.39 EPS for the next fiscal year.

Diana Shipping inc. (NYSE:DSX) opened at 3.32 on Monday. The stock has a 50 day moving average price of $2.85 and a 200 day moving average price of $2.64. Diana Shipping inc. has a 52-week low of $1.95 and a 52-week high of $4.97. The firm’s market cap is $267.37 million.

Institutional investors have recently bought and sold shares of the company. KCG Holdings Inc. purchased a new position in Diana Shipping inc. during the third quarter valued at approximately $103,000. Ingalls & Snyder LLC bought a new stake in Diana Shipping inc. during the second quarter worth approximately $143,000. Credit Suisse AG boosted its stake in Diana Shipping inc. by 33.0% in the third quarter. Credit Suisse AG now owns 70,931 shares of the company’s stock worth $185,000 after buying an additional 17,611 shares during the period. California Public Employees Retirement System boosted its stake in Diana Shipping inc. by 97.5% in the second quarter. California Public Employees Retirement System now owns 93,200 shares of the company’s stock worth $226,000 after buying an additional 46,000 shares during the period. Finally, State Street Corp boosted its stake in Diana Shipping inc. by 2.2% in the second quarter. State Street Corp now owns 113,366 shares of the company’s stock worth $275,000 after buying an additional 2,490 shares during the period. 45.10% of the stock is currently owned by hedge funds and other institutional investors.

DSX has been the topic of several recent research reports. Pareto Securities cut shares of Diana Shipping inc. from a “hold” rating to a “sell” rating in a research report on Monday, October 10th. Zacks Investment Research cut shares of Diana Shipping inc. from a “hold” rating to a “sell” rating in a research report on Tuesday, September 27th. Seaport Global Securities initiated coverage on shares of Diana Shipping inc. in a research report on Tuesday, August 2nd. They issued a “neutral” rating and a $3.00 price target on the stock. Deutsche Bank AG raised shares of Diana Shipping inc. from a “sell” rating to a “hold” rating and raised their price target for the company from $1.50 to $2.50 in a research report on Friday, August 26th. Finally, Clarkson Capital reaffirmed a “neutral” rating on shares of Diana Shipping inc. in a research report on Friday, September 23rd. Two analysts have rated the stock with a sell rating and seven have assigned a hold rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $2.85.

Diana Shipping inc. Company Profile

Related posts

Leave a Comment