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The latest update is out from Diana Shipping ( (DSX) ).
On May 27, 2025, Diana Shipping Inc. announced new time charter contracts for two of its dry bulk vessels. The m/v Philadelphia, a Newcastlemax vessel, has been chartered to Refined Success Limited at a rate of $21,500 per day, with the charter expected to commence on May 29, 2025. Additionally, the m/v Phaidra, a Post-Panamax vessel, has been chartered to SwissMarine Pte. Ltd. at a rate of $9,750 per day, starting May 31, 2025. These contracts are anticipated to generate approximately $10.03 million in gross revenue for the minimum scheduled periods, enhancing Diana Shipping’s operational revenue and reinforcing its market position in the dry bulk shipping industry.
The most recent analyst rating on (DSX) stock is a Hold with a $3.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
Spark’s Take on DSX Stock
According to Spark, TipRanks’ AI Analyst, DSX is a Neutral.
Diana Shipping’s overall score reflects a mixed financial performance characterized by declining revenue and profit margins, but offset by strong fleet management and strategic financial decisions. The technical indicators suggest balanced momentum, while the valuation raises some concerns due to a high P/E ratio, though an attractive dividend yield helps. The earnings call highlighted both strengths in fleet management and refinancing, as well as challenges with revenue decline and market volatility.
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 fleet is employed primarily on short to medium-term time charters, transporting a variety of dry bulk cargoes such as iron ore, coal, and grain along worldwide shipping routes.
Average Trading Volume: 261,434
Technical Sentiment Signal: Sell
Current Market Cap: $170.2M
Learn more about DSX stock on TipRanks’ Stock Analysis page.
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