Diana Shipping Announces Key Decisions from 2025 Annual Meeting

Diana Shipping ( (DSX) ) has issued an update.

On May 28, 2025, Diana Shipping Inc. held its Annual Meeting of Shareholders virtually, where several key decisions were made. The meeting resulted in the election of three Class II Directors to serve until 2028, the appointment of Deloitte Certified Public Accountants S.A. as independent auditors for 2025, and the approval of an amendment allowing the Board to execute reverse stock splits. Additionally, the board saw a reduction in size from eleven to nine members following the resignation of Konstantinos Fotiadis and the retirement of Mr. Psaltis, which may impact the company’s governance structure.

Spark’s Take on DSX Stock

According to Spark, TipRanks’ AI Analyst, DSX is a Neutral.

Diana Shipping’s overall stock score reflects a moderate financial performance with significant challenges in revenue and cash flow. Technical analysis provides a neutral outlook, while the valuation is weighed down by high P/E ratio and external market pressures. The earnings call presents a cautiously optimistic view, highlighting strategic efforts to navigate industry challenges. Addressing cash flow and revenue growth remains critical.

To see Spark’s full report on DSX stock, click here.

More about Diana Shipping

Diana Shipping Inc. is a global provider of shipping transportation services, specializing in the ownership and bareboat charter-in of dry bulk vessels. The company’s vessels are employed on short to medium-term time charters, transporting a range of dry bulk cargoes such as iron ore, coal, and grain along worldwide shipping routes.

Average Trading Volume: 270,477

Technical Sentiment Signal: Sell

Current Market Cap: $176M

See more data about DSX stock on TipRanks’ Stock Analysis page.