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Diana Shipping (DE:DSZ)
:DSZ
Earnings Data
Report Date
Aug 05, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
-0.05Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Date:May 29, 2025
|% Change Since: 7.42%
|Next Earnings Date:Aug 05, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a company maintaining a strong operational and financial position despite facing industry-wide challenges. While strategic investments and high fleet utilization are positive, decreased revenue and market uncertainties weigh on future prospects.Company Guidance
During the Diana Shipping Inc. first quarter 2025 conference call, CEO Semiramis Paliou reported on various financial metrics and strategic initiatives. The company operates a fleet of 37 dry bulk vessels with an average age of 11.6 years and a total deadweight capacity of approximately 4.1 million tons. Fleet utilization was high at 99.6%. Financially, Diana Shipping's net debt stands at 42% of market value, supported by $187.7 million in cash reserves and secured revenues of approximately $124 million as of May 22. The call highlighted the sale of the vessel Alcmene for $11.9 million and a strategic partnership investment in Ecogas Holding AS. Diana has secured $86.8 million of contracted revenues for 66% of the ownership days in 2025 and $36.5 million for 13% of 2026. The company declared a quarterly cash dividend of $0.01 per common share, totaling $1.2 million. Additionally, Diana Shipping has raised $25.6 million from the exercise of 6,414 warrants, with potential to raise $64.9 million more. Despite a 5% decrease in time charter revenues from Q1 2024 to $54.9 million, the company achieved a 5% increase in time charter equivalent rates to $15,739 per day. Earnings per share remained at $0.01, with net income increasing to $3 million. The company maintains a mix of variable and fixed-rate debt instruments, with long-term debt decreasing to $623.9 million. Diana Shipping's disciplined chartering strategy and ESG initiatives were also emphasized.Fleet Utilization and Chartering Strategy
Fleet utilization reached 99.6% for Q1 2025, highlighting effective vessel management. The company secured favorable time charters for nine vessels, ensuring earnings visibility and resilience against market downturns.
Strategic Investments and Partnerships
Diana Shipping became a strategic partner with an 80% equity interest in a joint venture, Ecogas Holding AS, to order semi-refrigerated LPG newbuildings, marking a strategic investment in future growth.
Strong Balance Sheet and Cash Reserves
The company has $187.7 million in cash reserves and a net debt standing at 42% of market value, reflecting a strong financial position.
Shareholder Returns
The company declared a quarterly cash dividend of $0.01 per common share and has raised $25.6 million from the exercise of warrants, with the potential for further capital raising.
DE:DSZ Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
DE:DSZ Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 29, 2025 | €1.27 | €1.21 | -4.34% |
Feb 25, 2025 | €1.69 | €1.67 | -1.07% |
Nov 25, 2024 | €1.93 | €1.75 | -9.26% |
Jul 31, 2024 | €2.33 | €2.29 | -1.76% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Diana Shipping (DE:DSZ) report earnings?
Diana Shipping (DE:DSZ) is schdueled to report earning on Aug 05, 2025, TBA Not Confirmed.
What is Diana Shipping (DE:DSZ) earnings time?
Diana Shipping (DE:DSZ) earnings time is at Aug 05, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Diana Shipping stock?
The P/E ratio of Diana Shipping is N/A.
What is DE:DSZ EPS forecast?
DE:DSZ EPS forecast for the fiscal quarter 2025 (Q2) is 0.03.