Diana Shipping Inc. (NYSE: DSX) is 7.18% higher on its value in year-to-date trading and has touched a low of $3.36 and a high of $6.89 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The DSX stock was last observed hovering at around $4.21 in the last trading session, with the day’s loss setting it -0.03% off its average median price target of $4.30 for the next 12 months. It is also 12.92% off the consensus price target high of $4.80 offered by 4 analysts, but current levels are -4.5% lower than the price target low of $4.00 for the same period.
Currently trading at $4.18, the stock is 3.86% and 8.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.77 million and changing -0.71% at the moment leaves the stock -9.03% off its SMA200. DSX registered -5.43% loss for a year compared to 6-month loss of -24.14%.
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The stock witnessed a 8.29% gain in the last 1 month and extending the period to 3 months gives it a -5.22%, and is 1.95% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.67% over the week and 3.75% over the month.
Diana Shipping Inc. (DSX) has around 819 employees, a market worth around $406.67M and $283.10M in sales. Current P/E ratio is 2.68 and Fwd P/E is 6.17. Profit margin for the company is 45.50%. Distance from 52-week low is 24.40% and -39.33% from its 52-week high. The company has generated returns on investments over the last 12 months (9.50%).
Diana Shipping Inc. (DSX) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Diana Shipping Inc. (DSX) is a “Overweight”. 4 analysts offering their recommendations for the stock have an average rating of 2.20, where 2 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Diana Shipping Inc. is expected to release its quarterly report on 05/11/2023.The EPS is expected to grow by 137.40% this year.
Diana Shipping Inc. (DSX) Top Institutional Holders
The shares outstanding are 78.39M, and float is at 74.54M with Short Float at 2.21%.
Diana Shipping Inc. (DSX): Who are the competitors?
The company’s main competitors (and peers) include Genco Shipping & Trading Limited (GNK) that is trading -4.77% down over the past 12 months and Safe Bulkers Inc. (SB) that is -27.96% lower over the same period.