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Diana Shipping
(NYSE:DSX)
Diana Shipping (DSX) vs. SPDR S&P 500 ETF (SPY)
Diana Shipping Business Overview & Revenue Model
Diana Shipping Earnings Call Summary
Diana Shipping Financial Statement Overview
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 218.56M | 228.21M | 262.10M | 289.97M | 214.20M | 169.73M |
| Gross Profit | 92.06M | 132.01M | 113.21M | 167.67M | 93.39M | 27.37M |
| EBITDA | 107.51M | 97.90M | 130.17M | 181.38M | 102.65M | -68.00M |
| Net Income | 24.43M | 12.75M | 49.84M | 119.06M | 57.39M | -134.20M |
Balance Sheet | ||||||
| Total Assets | 1.18B | 1.17B | 1.17B | 1.18B | 842.16M | 872.41M |
| Cash, Cash Equivalents and Short-Term Investments | 248.01M | 188.17M | 162.32M | 122.93M | 126.79M | 82.91M |
| Total Debt | 651.11M | 637.52M | 642.77M | 663.44M | 423.68M | 420.31M |
| Total Liabilities | 684.13M | 665.96M | 677.39M | 695.59M | 448.75M | 443.84M |
| Stockholders Equity | 499.73M | 505.06M | 489.02M | 487.33M | 393.40M | 428.57M |
Cash Flow | ||||||
| Free Cash Flow | 0.00 | 59.30M | 38.64M | -72.11M | 70.71M | 11.10M |
| Operating Cash Flow | 23.32M | 83.53M | 70.38M | 158.86M | 89.70M | 17.23M |
| Investing Cash Flow | -74.05M | -39.78M | 24.93M | -273.10M | 13.36M | 10.48M |
| Financing Cash Flow | 52.25M | -21.67M | -71.14M | 84.88M | -59.19M | -73.10M |
Diana Shipping Technical Analysis
Diana Shipping Risk Analysis
Diana Shipping Peers Comparison
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
72 Outperform | $530.06M | 14.19 | 5.58% | 4.16% | -13.74% | -59.37% | |
70 Outperform | $205.23M | 12.96 | 5.66% | 4.94% | -8.99% | -68.66% | |
65 Neutral | $215.34M | 11.41 | 4.91% | 2.34% | -5.45% | 139.59% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
59 Neutral | $849.73M | -117.81 | -0.78% | 4.04% | -24.58% | -110.22% | |
51 Neutral | $34.17M | -7.39 | -2.63% | ― | 18.49% | -264.74% | |
47 Neutral | $15.68M | -3.51 | -7.09% | 6.20% | -8.96% | -88.67% |
Diana Shipping Corporate Events
On December 19, 2025, Diana Shipping Inc. announced that, via a wholly owned subsidiary, it has fixed its 2010-built Kamsarmax vessel m/v Myrsini on a new time charter with Paralos Shipping Pte. Ltd. at a gross rate of $13,500 per day, less a 5% commission, for a period running from at least December 20, 2026 to as late as February 20, 2027, with the charter expected to commence on January 1, 2026. The contract, replacing the vessel’s existing charter to Cargill International SA at a slightly lower daily rate, is expected to generate roughly $4.71 million in gross revenue over the minimum period and underscores Diana Shipping’s ongoing strategy of securing medium-term employment for its fleet to stabilise cash flows and support fleet utilisation as it positions for future growth, including the planned addition of two methanol dual-fuel Kamsarmax newbuildings in 2027–2028.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On December 5, 2025, Diana Shipping Inc. announced a new time charter contract with Glencore Freight Pte. Ltd. for its Capesize dry bulk vessel, the m/v P. S. Palios. The charter, set to commence on December 14, 2025, is expected to generate approximately $8.34 million in gross revenue for the minimum scheduled period, enhancing the company’s operational revenue and solidifying its market position in the dry bulk shipping industry.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On December 4, 2025, Diana Shipping Inc. announced new time charter contracts for two of its Ultramax dry bulk vessels. The m/v DSI Pollux has been chartered to Stone Shipping Ltd, and the m/v DSI Andromeda to Western Bulk Carriers AS, with both charters commencing in early December 2025. These contracts are expected to generate approximately $12.60 million in gross revenue for the company, enhancing its operational revenue and solidifying its position in the global dry bulk shipping market.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On November 24, 2025, Diana Shipping Inc. announced a proposal to acquire the remaining shares of Genco Shipping & Trading Limited for $20.60 per share in cash. Currently holding 14.8% of Genco’s shares, Diana’s offer represents a premium over recent trading prices and aims to enhance its fleet scale and operational leverage in the dry bulk market. The proposal, approved by Diana’s Board, is a non-binding expression of interest, with no guarantee of a finalized agreement. If successful, the acquisition could bring immediate cash value to Genco’s shareholders and strategic benefits to Diana, including increased fleet flexibility and operational efficiencies.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On November 19, 2025, Diana Shipping Inc. announced significant changes in its executive leadership, with the resignation of President Anastasios Margaronis and co-Chief Financial Officer Ioannis Zafirakis, effective January 1, 2026. The company also appointed new officers, including Ioannis Zafirakis as President, Evangelos Sfakiotakis as Chief Technical Investment Officer, Margarita Veniou as Secretary and Corporate Contact, and Maria Dede as Treasurer. These changes are expected to impact the company’s strategic direction and operational management, potentially influencing its market positioning and stakeholder relations.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On November 21, 2025, Diana Shipping Inc. announced a new time charter contract for its Capesize dry bulk vessel, the m/v Seattle, with SwissMarine Pte. Ltd., Singapore. The charter is set to commence on November 26, 2025, with a gross rate of $24,500 per day, expected to generate approximately $12.62 million in gross revenue. Additionally, the company has finalized the sale of its Ultramax dry bulk vessel, m/v DSI Drammen, for approximately $26.40 million, with delivery by March 31, 2026. These strategic moves are likely to enhance Diana Shipping’s operational revenue and fleet optimization.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On November 20, 2025, Diana Shipping Inc. announced its financial results for the third quarter and nine months ended September 30, 2025. The company reported a net income of $7.2 million for the third quarter, a significant increase from $3.7 million in the same period of 2024. However, time charter revenues decreased to $51.9 million due to the sale of vessels. For the nine-month period, net income rose to $14.7 million, compared to $3.0 million in 2024. The company declared a cash dividend of $0.01 per share for the third quarter, payable on December 17, 2025, reflecting its improved financial performance.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On November 20, 2025, Diana Shipping Inc. released an investor presentation as part of its Form 6-K filing with the Securities and Exchange Commission. This presentation is aimed at providing stakeholders with insights into the company’s operational strategies and financial performance. The release of this information is expected to enhance transparency and potentially influence investor perceptions and market positioning.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On November 17, 2025, Diana Shipping Inc. announced a new time charter contract for its Post-Panamax vessel, m/v Electra, with Oldendorff Carriers GmbH & Co. KG. The contract, commencing on December 4, 2025, is expected to generate approximately $5 million in gross revenue over its term. Additionally, the company terminated a previously announced sale agreement for the Ultramax vessel m/v DSI Drammen, which was initially scheduled for delivery by October 31, 2025. These strategic decisions reflect Diana Shipping’s ongoing efforts to optimize its fleet operations and maintain its market position in the dry bulk shipping industry.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On November 10, 2025, Diana Shipping Inc. announced a new time charter contract for its Capesize dry bulk vessel, the m/v Santa Barbara, with Dampskibsselskabet Norden A/S. The charter, set to commence on November 29, 2025, will generate approximately $11.48 million in gross revenue for the company, enhancing its operational revenue stream and strengthening its market position in the dry bulk shipping industry.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On November 3, 2025, Diana Shipping Inc. announced a new time charter contract with MOL Ocean Bulk Pte. Ltd. for its Newcastlemax dry bulk vessel, m/v Los Angeles, with a charter rate of $24,000 per day, commencing November 1, 2025. Additionally, the company extended a time charter contract with Bunge SA for its Ultramax vessel, m/v DSI Aquarius, starting November 8, 2025, at a rate of $14,500 per day. These contracts are expected to generate approximately $12.55 million in gross revenue, reinforcing Diana Shipping’s operational stability and market presence.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On October 22, 2025, Diana Shipping Inc. announced the extension of a time charter contract for its Capesize dry bulk vessel, the m/v Semirio, with Solebay Shipping Cape Company Limited, Hong Kong. The new charter period, commencing on March 15, 2026, will see an increased gross charter rate of $21,650 per day. Additionally, Diana Shipping entered into a new time charter contract for its Panamax vessel, the m/v Maera, with CRC Shipping Pte. Ltd., Singapore, starting November 2, 2025, at a gross rate of $11,750 per day. These contracts are expected to generate approximately $10.93 million in gross revenue, enhancing the company’s operational revenue and market positioning.
The most recent analyst rating on (DSX) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On October 15, 2025, Diana Shipping Inc. announced a new time charter contract with SwissMarine Pte. Ltd. for its Capesize dry bulk vessel, the m/v New Orleans. The contract, commencing on October 28, 2025, is set at a gross charter rate of $26,000 per day, minus a 5% commission, and is expected to generate approximately $10.22 million in gross revenue for the minimum period of the charter. This move is part of Diana Shipping’s ongoing strategy to optimize its fleet operations and enhance revenue generation, strengthening its position in the global shipping industry.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On September 29, 2025, Diana Shipping Inc. successfully signed a US$55.0 million six-year secured term loan facility with National Bank of Greece S.A., which was fully drawn down immediately. This strategic move, secured by five vessels, aims to optimize the company’s capital structure and enhance its operational and investment flexibility, reflecting its commitment to maintaining a robust financial position in the global shipping industry.
The most recent analyst rating on (DSX) stock is a Hold with a $2.00 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.