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Diana ShippingNYSE: DSX

Profile

Country:

Greece

IPO:

23 March 2005

Next earnings report:

25 November 2024

Last dividends:

15 August 2024

Next dividends:

N/A
$274.09 M
-51%vs. 3y high
33%vs. sector
-72%vs. 3y high
49%vs. sector
-60%vs. 3y high
17%vs. sector
-50%vs. 3y high
43%vs. sector

Price

after hours | 10 min ago
$2.19+$0.02(+0.92%)
$56.00 M$64.00 M
$56.00 M-$2.76 M

Analysts recommendations

Institutional Ownership

DSX Latest News

Diana Shipping Inc. Announces Release of Its 2023 Environmental, Social and Governance Report
globenewswire.com04 November 2024 Sentiment: POSITIVE

ATHENS, Greece, Nov. 04, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the release of its Environmental, Social and Governance Report (the “ESG Report”), for the year ended December 31, 2023. The ESG Report provides an overview of the Company's policies and practices relating to its environmental, social and governance commitments. The ESG Report is available on the Company's website at www.dianashippinginc.com .

Diana Shipping Inc. Announces Signing of a US$80.2 Million Amended and Restated Loan Facility Agreement With Danish Ship Finance A/S to Refinance its Existing Term Loan Facility With the Bank
globenewswire.com21 October 2024 Sentiment: POSITIVE

ATHENS, Greece, Oct. 21, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the successful signing of a US$80.2 million seven-year secured term loan facility with Danish Ship Finance A/S on October 18, 2024.

Diana Shipping: Improved Balance Sheet And Attractive Dividend Yield; Rating Upgrade
seekingalpha.com16 October 2024 Sentiment: POSITIVE

Diana Shipping recorded a weak quarter due to its significant exposure to long-term contracts. On the positive side, DSX has made changes in its capital structure. The company restructured its debt, moving significant maturities to 2029, enhancing dividend safety for both common and preferred shares. DSX declared a cash dividend on its common stock of $0.075/share. At the present stock price, the yield is 15.6%. DSX preferred shares are attractive, too. They offer 8.3% yield.

Diana Shipping Inc. Announces Time Charter Contract for m/v Selina with Raffles Shipping
globenewswire.com16 October 2024 Sentiment: POSITIVE

ATHENS, Greece, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Raffles Shipping International Pte. Ltd., for one of its Panamax dry bulk vessels, the m/v Selina. The gross charter rate is US$10,500 per day, minus a 5.00% commission paid to third parties, for a period until minimum March 1, 2025 up to maximum April 20, 2025. The charter is expected to commence tomorrow.

Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract For m/v Phaidra With Aquavita
globenewswire.com03 October 2024 Sentiment: POSITIVE

ATHENS, Greece, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Aquavita International S.A., for one of its Post-Panamax dry bulk vessels, the m/v Phaidra. The gross charter rate is US$12,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum May 1, 2025 up to maximum July 15, 2025. The new charter period is expected to commence on October 11, 2024.

Diana Shipping: Buy On 13.6% Dividend Yield And Discounted Valuation (Rating Upgrade)
seekingalpha.com11 September 2024 Sentiment: POSITIVE

The combination of weak quarterly results and dilution from warrant exercises has resulted in Diana Shipping's shares underperforming peers by a wide margin so far this year. Management's conservative chartering approach has been a drag on operating performance in recent quarters as it takes time for unfavorable legacy contracts to roll over to prevailing market rates. However, the company's average daily TCE rate should increase in the second half of the year mostly due to vastly improved time charter contracts for a number of Capesize vessels.

Diana Shipping Inc. Announces Time Charter Contract for m/v G. P. Zafirakis with NYK Line
globenewswire.com26 August 2024 Sentiment: POSITIVE

ATHENS, Greece, Aug. 26, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Nippon Yusen Kabushiki Kaisha, Tokyo, for one of its Capesize dry bulk vessels, the m/v G. P. Zafirakis. The gross charter rate is US$26,800 per day, minus a 5.00% commission paid to third parties, for a period of minimum twenty-three (23) months to maximum twenty-six (26) months. The charter is expected to commence on September 9, 2024. The m/v G. P. Zafirakis was chartered, as previously announced, to Solebay Shipping Cape Company Limited, Hong Kong, at a gross charter rate of US$17,000 per day, minus a 5.00% commission paid to third parties.

Diana Shipping Inc. Announces Time Charter Contract for m/v Astarte With Paralos Shipping
globenewswire.com13 August 2024 Sentiment: POSITIVE

ATHENS, Greece, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Paralos Shipping Pte., Ltd., for one of its Kamsarmax dry bulk vessels, the m/v Astarte. The gross charter rate is US$14,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum July 15, 2025 up to maximum September 15, 2025. The charter is expected to commence on August 18, 2024.

Diana Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2024; Declares Cash Dividend of $0.075 Per Common Share for the Second Quarter 2024
globenewswire.com31 July 2024 Sentiment: NEGATIVE

ATHENS, Greece, July 31, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today reported a net loss of $2.8 million and a net loss attributed to common stockholders of $4.2 million for the second quarter of 2024. This compares to net income of $10.4 million and net income attributed to common stockholders of $8.9 million for the second quarter of 2023. Loss per share for the second quarter of 2024 was $0.04 basic and diluted, compared to earnings per share of $0.09 basic and diluted in the same quarter in 2023.

Diana Shipping Inc. Announces Signing and Drawdown of a US$167.3 Million Term Loan Facility With Nordea Bank to Refinance Two Existing Term Loan Facilities With Nordea
globenewswire.com26 July 2024 Sentiment: POSITIVE

ATHENS, Greece, July 26, 2024 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced the successful signing of a US$167.3 million six-year secured term loan facility with Nordea Bank Abp, filial i Norge on July 25, 2024. The full amount was drawn down immediately.

What type of business is Diana Shipping?

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of March 1, 2024, it operated a fleet of 38 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 6 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.

What sector is Diana Shipping in?

Diana Shipping is in the Industrials sector

What industry is Diana Shipping in?

Diana Shipping is in the Marine Shipping industry

What country is Diana Shipping from?

Diana Shipping is headquartered in Greece

When did Diana Shipping go public?

Diana Shipping initial public offering (IPO) was on 23 March 2005

What is Diana Shipping website?

https://www.dianashippinginc.com

Is Diana Shipping in the S&P 500?

No, Diana Shipping is not included in the S&P 500 index

Is Diana Shipping in the NASDAQ 100?

No, Diana Shipping is not included in the NASDAQ 100 index

Is Diana Shipping in the Dow Jones?

No, Diana Shipping is not included in the Dow Jones index

When was Diana Shipping the previous earnings report?

No data

When does Diana Shipping earnings report?

The next expected earnings date for Diana Shipping is 25 November 2024