Diana Shipping inc. DSX

2.80 (0.09) (3.11%) as of 25 Sep
Market cap
$359.6M
P/E
5.7×

Insider Decisions

in millions of $
Nov 25 Feb 26 May 26 Aug 26
Buy — — — — — — — — — — — —
Sell — — — — — — — — — — — —
Insider Ownership 48.33%

Capital & Financial Ratios

Market Cap 359.56
Revenue 215.94
Net Income 60.20
Free Cash Flow 132.18
Net Debt 350.59
Current Ratio 2.05
Debt/Equity 1.10
P/E ratio 5.71
P/S ratio 1.48
P/B ratio 0.58
Past 5Y EPS Growth 32.94%
This Y EPS Growth 592.15%
Next Y EPS Growth 50.00%
Next 5Y EPS Growth 146.92%
in millions of $

Dividends

Payout Ratio 0.81
Annual Dividend Rate 0.62
Annual Dividend Yield 19.41%
total individual payouts
2027 Powerpack
2026 0.10
0.01
0.01
0.01
2025 0.20
0.01
0.01
0.01
0.01
2024 0.24
0.08
0.08
0.08
0.01
2023 0.60
0.15
0.15
0.15
0.15
2022 0.90
0.20
0.25
0.28
0.18
2021 0.10
0.10
2020 Powerpack
2019 Powerpack
2018 Powerpack
2017 Powerpack
predictions in italic, special payouts not included in total or ratios

Assets vs Liabilities

2023 2024 2025 Q'26
Cash 162 188 227 255
Receivables 6 7 5 8
Inventory 5 4 4 4
Other 20 18 — 21
182 207 245 277
2023 2024 2025 Q'26
Payables 10 9 11 12
ST’ Debt 59 55 60 99
Other — 0 0 2
85 80 90 135
in millions of $

Compound Annual Growth

10y 5y 3y
Sales 3.08% 4.70% (9.70%)
Cash Flow 7.09% 22.48% (33.13%)
Earnings 0.00% 0.00% (52.61%)
Book Value (8.48%) 3.23% 1.02%

Revenue

Mar Jun Sep Dec Year
’26 55 57 — — —
’25 55 55 52 52 214
’24 58 56 57 57 228
’23 73 67 62 60 262
’22 66 75 74 76 290
’21 41 47 57 69 214
’20 44 41 42 43 170
in millions of $ · fiscal quarters ending in the months shown

Operating Cash Flow

Mar Jun Sep Dec Year
’26 20 18 — — —
’25 17 9 — 48 48
’24 38 11 19 15 84
’23 33 19 20 (2) 70
’22 37 44 43 35 159
’21 6 21 30 32 90
’20 7 4 0 6 17
in millions of $ · fiscal quarters ending in the months shown

Free Cash Flow

Mar Jun Sep Dec Year
’26 20 15 — — —
’25 17 19 — 67 67
’24 38 4 19 26 94
’23 33 9 20 3 75
’22 37 21 43 (192) (68)
’21 6 20 30 47 104
’20 7 4 0 15 27
in millions of $ · fiscal quarters ending in the months shown

EPS

Mar Jun Sep Dec Year
’26 0.25 0.16 — — —
’25 0.01 0.03 0.05 0.02 0.11
’24 0.01 (0.04) 0.00 0.02 0.05
’23 0.22 0.09 0.06 0.06 0.42
’22 0.31 0.42 0.37 0.27 1.36
’21 (0.03) 0.02 0.16 0.48 0.61
’20 (1.21) (0.14) (0.17) (0.10) (1.62)
fiscal quarters ending in the months shown

Target Price Range

Analyst price targets

Recommendation Rating

1
1Buy 2 3Hold 4 5Sell
2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028
1.71 2.69 2.66 2.11 1.10 1.63 3.31 2.82 1.73 1.27

Analyst estimates 2026–2028

Powerpack
Low Price
4.36 5.43 4.52 3.64 2.75 5.57 6.89 4.85 3.22 2.04
High Price
1,018 1,099 1,041 1,025 918 1,025 1,020 1,018 981 939
Employees
0 0 0 0 0 0 0 0 0 0
Revenue/Emp
114 162 226 221 170 214 290 262 228 214
Revenue
12.67% 38.87% 54.50% 52.82% 41.45% 62.50% 72.76% 62.19% 57.85% 56.61%
Gross Margin
(164) (512) 17 (11) (134) 57 119 50 13 18
EBT
(143.74%) (316.07%) 7.33% (4.77%) (79.06%) 26.79% 41.06% 19.02% 5.59% 8.35%
EBT Margin
(164) (512) 17 (11) (134) 57 119 50 13 18
Net Income
83 88 54 50 44 42 46 52 47 49
Depreciation
1.42 1.69 2.18 2.32 1.97 2.64 3.62 2.62 1.97 1.93
Revenue/Sh
(2.11) (5.41) 0.10 (0.17) (1.62) 0.64 1.42 0.44 0.06 0.11
Earnings/Sh
(0.26) 0.24 0.77 0.52 0.20 1.11 1.98 0.70 0.72 0.43
Cash Flow/Sh
(0.64) (1.29) 0.11 0.40 0.11 0.18 (2.83) 0.05 0.09 0.18
Capex/Sh
(0.90) (1.05) 0.88 0.93 0.31 1.29 (0.85) 0.75 0.81 0.61
Free CF/Sh
13.13 6.53 6.05 5.99 4.98 4.85 6.09 4.88 4.36 4.55
Book Value/Sh
80 96 104 95 86 81 80 100 116 110
Shares
0.00 0.00 27.90 0.00 0.00 5.81 2.57 6.56 32.67 15.09
PE Ratio
2.03 2.18 1.28 1.18 0.86 1.47 1.01 1.13 1.00 0.86
PS Ratio
0.22 0.56 0.46 0.46 0.34 0.80 0.60 0.60 0.45 0.37
PB Ratio
6.41 5.64 3.06 2.84 2.96 2.94 2.88 2.96 2.97 2.77
EV/Sales
(1.36) (2.17) (2.90) (8.37) (10.71) 4.15 (10.84) (4.18) 8.30 4.85
EV/FCF
(21) 23 80 50 17 90 159 70 84 48
Op' Cash Flow
(51) (124) 12 38 9 15 (227) 5 11 20
Capex
(72) (100) 92 88 27 104 (68) 75 94 67
FCF
37 58 17 72 43 61 9 97 126 155
Working Cap'
598 601 531 475 420 424 663 643 638 636
Total Debt
500 561 404 368 357 313 541 480 449 409
Net Debt
1,057 625 628 570 429 393 487 489 505 502
Sh' Equity
(9.70%) (35.50%) 0.89% (1.44%) (14.40%) 6.02% 11.19% 3.75% 0.60% 1.03%
ROA
(3.55%) (26.08%) 2.32% 1.59% (8.87%) 5.62% 8.68% 5.53% 3.85% 2.89%
ROIC
(14.95%) (61.56%) 1.73% (2.72%) (28.03%) 12.57% 25.73% 9.03% 1.40% 2.39%
ROE
predictions in italic, sparklines do not include predictions

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Diana Shipping inc. (DSX) key facts

  • Diana Shipping inc. (DSX) is a Marine Shipping company in the Industrials sector, listed on the New York Stock Exchange.
  • Diana Shipping inc.’s revenue for fiscal 2025 (year ended December 2025) was $213.5 million, down 6.43% from fiscal 2024.
  • As of September 25, 2026, DSX traded at $2.80, a market capitalization of $359.6 million.
  • Diana Shipping inc. pays an annual dividend of $0.62 per share, a yield of 19.4%, with a payout ratio of 80.7%.
  • Return on equity was 2.39% and debt-to-equity 1.10.

Source: company filings (standardised) and stockrow calculations.

Diana Shipping inc. (DSX) Latest News

News by impact score

Fine-tune

21 Sep

3

Diana Shipping Inc. announced a time charter with Dai An Ocean Shipping for its Ultramax m/v DSI Polaris (60,404 dwt, built 2018). The vessel will be chartered at $18,000 per day gross, minus a 5% third-party commission, from September 25, 2026, through a minimum end of May 1, 2028 and a maximum end of June 30, 2028. DSI Polaris is currently chartered to Cargill Ocean Transportation at $12,250 per day gross, minus 4.75% commission. The new charter is expected to generate approximately $10.37 million of gross revenue for the minimum scheduled period. Diana Shipping’s fleet totals 36 dry bulk vessels across several classes, with two methanol dual-fuel Kamsarmax new-builds due in H2 2027 and H1 2028, bringing capacity to about 4.1 million dwt and an average age of 12.83 years. Forward-looking statements and corporate contacts are noted. Higher daily rate and about $10.37 million minimum gross revenue from the DSI Polaris charter improve near-term earnings potential, though impact is limited to one vessel and does not denote a broader strategic shift.

1 Aug

4

Diana Shipping escalates proxy fight against Genco, creating fresh valuation challenges for Genco in ongoing corporate dispute. Proxy fight escalation by Diana Shipping constitutes major strategic move poised to significantly impact its market performance and trajectory.

31 Jul

3

Diana Shipping Q2 earnings call highlighted financial results, fleet utilization, charter rates and operational updates for the period. Q2 earnings and operational metrics can shift near-term sentiment and valuation but rarely alter long-term company trajectory.

30 Jul

3

Diana Shipping Inc. reported financial results for the second quarter and six months ended June 30, 2026, and declared a cash dividend of $0.01 per common share for the second quarter. Quarterly results and dividend declaration directly shape near-term perceptions of financial performance and may move share price.

27 Jul

3

Genco Shipping & Trading Limited issued a statement responding to the expiration of Diana Shipping’s tender offer. Failed tender offer ends potential strategic transaction and may shift Diana Shipping’s competitive positioning and investor outlook.

23 Jul

4

Genco Shipping & Trading Limited board provides update on review of Diana Shipping’s revised non-binding indicative proposal. Potential major strategic deal could significantly alter Diana Shipping's trajectory and investor sentiment.

13 Jul

4

Genco Shipping & Trading Limited commented on Diana Shipping's extension of its $24.80 per share tender offer. Tender offer extension marks a major strategic acquisition move by Diana Shipping with direct effects on its market trajectory.

4

Diana Shipping Inc. extends its tender offer to acquire all outstanding shares of Genco Shipping & Trading. Tender offer extension signals major acquisition attempt with potential to reshape fleet size and competitive standing.

8 Jul

4

Diana Shipping Inc. questions Genco's resistance to its tender offer, framing the bid as a strategic move to acquire the rival in the dry bulk shipping sector. Tender offer for Genco constitutes a major strategic acquisition attempt likely to alter DSX's competitive position and investor sentiment.

4

Diana Shipping Inc. urges Genco Shipping & Trading shareholders to tender shares by July 10. Potential acquisition of Genco would expand Diana Shipping fleet and market position substantially.

3

Genco Shipping & Trading Limited accuses Diana Shipping Inc. of issuing misleading disclosures in its tender offer. Public challenge to tender offer disclosures risks short-term reputational damage and possible regulatory scrutiny for Diana Shipping.

30 Jun

4

Diana Shipping Inc. extends financing to support acquisition of all outstanding shares of Genco Shipping & Trading. Acquisition of Genco Shipping & Trading constitutes a major strategic expansion for Diana Shipping.

29 Jun

4

Genco Shipping & Trading Limited rejected Diana Shipping's extended $24.80 per share unsolicited tender offer as inadequate. Genco's rejection directly challenges DSX acquisition attempt and may alter strategic trajectory plus investor views.

4

Diana Shipping Inc. extended its tender offer to acquire all outstanding shares of Genco Shipping & Trading. Tender offer extension marks a major acquisition push with potential to alter Diana Shipping's scale and competitive position.

3

Genco Shipping & Trading urges shareholders to reject Diana Shipping's $24.80 cash tender offer. Unsuccessful tender offer attempt may stall Diana Shipping expansion plans with moderate effect on future performance.

18 Jun

4

Diana Shipping Inc. reaffirms its offer to acquire Genco Shipping & Trading. Reaffirming an acquisition offer marks a major strategic move that could alter company trajectory.

17 Jun

4

Genco Shipping & Trading Limited confirms receipt of a revised offer from Diana Shipping Inc. Revised offer signals major strategic move by DSX toward potential consolidation with Genco.

4

Diana Shipping raised its takeover proposal for Genco Shipping, causing Genco shares to jump. Takeover proposal marks major strategic move with potential to significantly alter Diana Shipping trajectory.

4

Diana Shipping Inc. raises its offer to acquire Genco Shipping & Trading to $27.34 per share, consisting of $24.80 in cash and one Diana share. Acquisition of Genco would expand Diana's fleet size and market position substantially.

15 Jun

3

Diana Shipping Inc. counters Genco Shipping & Trading's effort to retain its poison pill defense in ongoing corporate conflict. Genco's poison pill retention attempt introduces moderate uncertainty around potential control changes affecting Diana Shipping's strategic options.

11 Jun

3

Diana Shipping urges Genco Shipping & Trading shareholders to elect Jens Ismar and Paul Cornell to the board and reject the poison pill plus equity incentive plan at the June 18 annual meeting. DSX's direct intervention in Genco governance signals potential shifts in dry-bulk competitive positioning and investor sentiment.

5 Jun

3

Genco Shipping & Trading Limited released a video criticizing Diana Shipping's lowball bid to acquire Genco. Diana Shipping's publicized cheap acquisition attempt on Genco may temporarily sway investor views and deal negotiations but leaves core operations unchanged.

2 Jun

4

Diana Shipping Inc. addressed Genco Shipping & Trading's rejection of its $24.80 per share all-cash tender offer. Failed tender offer attempt signals major strategic setback with lasting effects on expansion and sector positioning.

4

Genco Shipping & Trading rejected Diana Shipping's takeover offer. Rejected takeover offer signals potential strategic shifts and affects market perception for Diana Shipping.

3

Genco Shipping & Trading Limited board unanimously rejects Diana Shipping’s revised unsolicited tender offer. Failed acquisition attempt blocks Diana Shipping expansion path and may weigh on near-term sentiment.

31 May

3

Diana Shipping Inc. sent a letter to Genco Shipping & Trading shareholders urging election of six independent nominees with proven shareholder value records. Proxy effort targeting Genco board may produce moderate strategic or competitive effects for DSX.

28 May

3

Diana Shipping Inc (DSX) posted strong financial results in its Q1 2026 earnings call. Q1 2026 earnings beat signals improved near-term financials and sentiment for DSX.

3 transcript

Diana Shipping Inc. reported Q1 earnings call highlights covering financial results, fleet utilization, and charter rates. Q1 earnings details may shift short-term sentiment around revenue and fleet metrics without altering long-term strategy.

3 transcript

Diana Shipping Inc. held its Q1 2026 earnings call covering financial results, fleet operations, and market outlook for the dry bulk shipping sector. Q1 earnings data and forward guidance can shift near-term sentiment and trading around DSX shares.

3 transcript

Diana Shipping (DSX) released its Q1 2026 earnings transcript with financial results and management commentary. Standard quarterly earnings data can shift near-term sentiment and valuation but rarely transforms long-term company trajectory.

stockrow.com/DSX · Data as of Jun 30, 2026 · For information only; not investment advice. · © 2026 stockrow.com