Diana Shipping Inc (NYSE: DSX) has reported E.P.S. of $0.01 for its first fiscal quarter (ending March 31) versus $0.22 for the same period a year ago. For the latest four quarters through March 31, E.P.S. were $0.24 versus $1.33 for the same period a year ago.
Recent Price Action
On 5/28/24, Diana Shipping Inc (NYSE: DSX) stock declined by -3.5%, closing at $3.04. Moreover, exceptionally high trading volume at 270% of normal accompanied the decline. Relative to the market the stock has been weak over the last nine months and has declined -3.5% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, DSX is expected to continue to be an important Value Builder.
Diana Shipping has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Diana Shipping has a good Appreciation Score of 72 but a neutral Power Rating of 49, producing the High Neutral Value Trend Rating.
Rating Review
In light of this new information and negative market action we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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