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The latest announcement is out from Performance Shipping ( (PSHG) ).
On December 22, 2025, Performance Shipping Inc. announced it had taken delivery of the M/T P. Beverly Hills, a 2019-built Suezmax tanker of 157,286 dwt acquired through a wholly owned subsidiary under a purchase agreement signed in October 2025. This vessel is the second of two 2019-built Suezmax tankers recently acquired, completing the company’s latest Suezmax expansion and bringing its fleet to 12 tankers, including two newbuilds under construction and 10 vessels currently in operation; the immediate chartering of both new Suezmaxes to Repsol Trading S.A. is expected to bolster cash-flow visibility and underscores the company’s strategic push to expand and modernize its fleet for greater operational efficiency and environmental performance in the global tanker market.
The most recent analyst rating on (PSHG) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Performance Shipping stock, see the PSHG Stock Forecast page.
Spark’s Take on PSHG Stock
According to Spark, TipRanks’ AI Analyst, PSHG is a Outperform.
Performance Shipping’s stock is supported by strong valuation metrics and positive technical indicators. However, financial performance is mixed due to revenue decline and unclear cash flow data, which slightly dampens the overall score.
To see Spark’s full report on PSHG stock, click here.
More about Performance Shipping
Performance Shipping Inc., listed on Nasdaq, is a Greece-based global provider of shipping transportation services specializing in tanker vessels. The company operates its fleet on spot voyages, through pool arrangements and on time charters, focusing on the seaborne transportation of petroleum and related products.
Average Trading Volume: 139,094
Technical Sentiment Signal: Hold
Current Market Cap: $27.6M
For a thorough assessment of PSHG stock, go to TipRanks’ Stock Analysis page.