Diana Shipping Inc (NYSE: DSX) has reported earnings for its third fiscal quarter (ending September 30) of $0.06 versus $0.39 for the same period a year ago — a decline of -85%. For the latest four quarters through September 30, E.P.S. were $0.64 compared to $1.66 a year ago — a decline of -61%.
Recent Price Action
On 11/15/23, Diana Shipping Inc (NYSE: DSX) stock enjoyed a very large increase of 5.8%, closing at $3.27. Relative to the market the stock has been weak over the last nine months but has risen 2.2% during the last week.
Current PriceTarget Research Rating
DSX is expected to continue to be a Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Diana Shipping has a current Value Trend Rating of C (High Neutral). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. Diana Shipping has a good Appreciation Score of 81 but a neutral Power Rating of 40, triggering the High Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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