Top Page
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 | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 213.54M | 228.21M | 262.10M | 289.97M | 214.20M |
| Gross Profit | 120.88M | 132.01M | 113.21M | 167.67M | 93.39M |
| EBITDA | 77.94M | 97.90M | 130.17M | 181.38M | 102.65M |
| Net Income | 17.83M | 12.75M | 49.84M | 119.06M | 57.39M |
Balance Sheet | |||||
| Total Assets | 1.17B | 1.17B | 1.17B | 1.18B | 842.16M |
| Cash, Cash Equivalents and Short-Term Investments | 240.45M | 188.17M | 162.32M | 122.93M | 126.79M |
| Total Debt | 636.11M | 637.52M | 642.77M | 663.44M | 423.68M |
| Total Liabilities | 667.78M | 665.96M | 677.39M | 695.59M | 448.75M |
| Stockholders Equity | 502.41M | 505.06M | 489.02M | 487.33M | 393.40M |
Cash Flow | |||||
| Free Cash Flow | 44.33M | 59.30M | 38.64M | -72.11M | 70.71M |
| Operating Cash Flow | 47.51M | 83.53M | 70.38M | 158.86M | 89.70M |
| Investing Cash Flow | -32.01M | -39.78M | 24.93M | -273.10M | 13.36M |
| Financing Cash Flow | -36.91M | -21.67M | -71.14M | 84.88M | -59.19M |
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 |
|---|---|---|---|---|---|---|---|
69 Neutral | $920.07M | 13.01 | -0.49% | 4.04% | -24.58% | -110.22% | |
66 Neutral | $620.63M | 12.88 | 4.68% | 4.16% | -13.74% | -59.37% | |
66 Neutral | $262.24M | 9.07 | 7.83% | 4.94% | -8.99% | -68.66% | |
63 Neutral | $10.79B | 15.43 | 7.44% | 2.01% | 2.89% | -14.66% | |
55 Neutral | $268.59M | 15.21 | 3.60% | 2.34% | -5.45% | 139.59% | |
51 Neutral | $34.78M | 7.59 | -2.65% | ― | 18.49% | -264.74% | |
47 Neutral | $18.25M | -2.44 | -7.33% | 6.20% | -8.96% | -88.67% |
Diana Shipping Corporate Events
Diana Shipping Inc., a global dry bulk shipping company focused on transporting commodities like iron ore, coal and grain via owned and bareboat chartered vessels, operates mainly under short to medium-term time charters across international routes. The company is listed on the NYSE under the ticker DSX and is headquartered in Athens, Greece.
On March 16, 2026, Diana Shipping Inc. announced it had filed its 2025 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission, making the document available through its website and in hard copy upon shareholder request. The filing of the audited 2025 financial statements provides investors and other stakeholders with updated transparency on the company’s performance and regulatory compliance, reinforcing its disclosure practices in the U.S. capital markets.
The most recent analyst rating on (DSX) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On March 6, 2026, Diana Shipping Inc., which already owns about 14.8% of Genco Shipping & Trading, raised its all-cash bid to acquire the remaining Genco shares to $23.50 per share in partnership with Star Bulk Carriers. The revised proposal, first initiated on November 24, 2025, represents a 31% premium to Genco’s undisturbed share price prior to the initial offer and implies a price-to-net-asset-value ratio of 1.0x.
To support the higher offer, Diana secured a fully underwritten $1.433 billion financing package from a syndicate of international banks and struck a definitive agreement for Star Bulk to purchase 16 Genco vessels for $470.5 million upon deal completion. The company is pressing Genco’s board to enter good-faith negotiations and has nominated independent directors for Genco’s upcoming annual meeting, signaling an escalating campaign to advance the transaction and reshape Genco’s strategic direction on behalf of shareholders.
The most recent analyst rating on (DSX) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On March 4, 2026, Diana Shipping Inc. announced that a wholly owned subsidiary signed a new time charter contract with SwissMarine Pte. Ltd. in Singapore for its Ice Class Panamax dry bulk vessel m/v Crystalia. The deal underscores the company’s strategy of securing employment for its fleet at attractive rates in a volatile dry bulk market.
The charter, expected to commence on March 11, 2026, sets a gross rate of $16,200 per day, minus a 5% commission, through at least March 10, 2027 and up to May 10, 2027. Replacing the vessel’s prior charter at $13,900 per day, the new contract is anticipated to generate roughly $5.78 million in gross revenue over the minimum period, enhancing earnings visibility for Diana Shipping’s 36-vessel, 4.1 million dwt fleet.
The most recent analyst rating on (DSX) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
Diana Shipping Inc., the Greek-based maritime transport company, has submitted a Form 6-K to the U.S. Securities and Exchange Commission for February 2026, reaffirming its status as a foreign private issuer reporting under Form 20-F. The filing underscores the company’s ongoing compliance with U.S. disclosure requirements, an important factor for global investors tracking its governance and transparency practices.
The company reported that, as of February 26, 2026, it has released a new investor presentation, which has been furnished to the SEC as an exhibit to the Form 6-K. While the content of the presentation was not detailed in the filing, its publication signals continued engagement with the investment community and may provide updated insights into Diana Shipping’s strategy, operations and financial outlook for stakeholders.
The most recent analyst rating on (DSX) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On February 26, 2026, Diana Shipping Inc. reported that fourth-quarter 2025 net income fell to $3.1 million, with net income attributable to common shareholders at $1.7 million, down from $9.7 million and $8.3 million, respectively, a year earlier. The decline reflected lower time charter revenues of $52.1 million versus $57.1 million, mainly due to the sale of two vessels and increased drydocking days that reduced available operating days.
For full-year 2025, the company posted higher net income of $17.8 million and $12.1 million attributable to common stockholders, compared with $12.7 million and $7.0 million in 2024, despite time charter revenues easing to $213.5 million from $228.2 million. The board declared a modest cash dividend of $0.01 per common share for the fourth quarter of 2025, payable on March 18, 2026, signaling continued but cautious capital returns as the company balances earnings, fleet optimization and shareholder distributions.
The most recent analyst rating on (DSX) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
Diana Shipping Inc., a global dry bulk shipping company listed on the NYSE, operates a fleet of 36 vessels across segments including Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Panamax and Ultramax, with a combined carrying capacity of about 4.1 million dwt and a weighted average age of 12.22 years. The company also has two methanol dual-fuel Kamsarmax newbuilds scheduled for delivery in 2027 and 2028, reflecting a measured move toward cleaner propulsion.
On February 12, 2026, Diana Shipping announced that, via a wholly owned subsidiary, it signed a new time charter with Nippon Yusen Kabushiki Kaisha for its 2013-built Post-Panamax vessel m/v Phaidra. The charter, expected to start on February 24, 2026, sets a gross rate of $14,500 per day—up from the vessel’s current $9,750 per day—and is projected to generate about $5.18 million in gross revenue over the minimum period running to February 20, 2027, strengthening earnings visibility and highlighting continued demand for its dry bulk capacity.
The most recent analyst rating on (DSX) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On February 2, 2026, Diana Shipping Inc. announced that, through a wholly owned subsidiary, it has secured a direct continuation of the time charter for its 98,697 dwt Post-Panamax dry bulk vessel m/v Amphitrite with Cobelfret S.A. of Luxembourg. Under the new contract, which is expected to start on February 8, 2026, the vessel will earn a gross rate of US$13,000 per day for the first 30 days and US$16,500 per day thereafter, both less a 5% commission, through at least March 1, 2027 and up to April 30, 2027, compared with its current rate of US$12,100 per day; the employment extension is projected to generate roughly US$6.15 million in gross revenue over the minimum charter period, enhancing the company’s earnings visibility and underscoring ongoing demand for its Post-Panamax tonnage.
The most recent analyst rating on (DSX) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On January 13, 2026, Diana Shipping Inc. announced that the board of Genco Shipping & Trading Limited had rejected, without engagement, Diana’s non-binding all-cash proposal to acquire all Genco shares it does not already own for $20.60 per share, an offer that Diana says represents premiums of 15–23% over various recent trading benchmarks and is supported by committed financing from DNB Bank and Nordea Bank for up to $1.102 billion. Diana, which holds about 14.8% of Genco’s outstanding common stock, criticized Genco’s counter-suggestion that Genco acquire Diana as lacking any concrete financial terms, reiterated that its own proposal offers immediate liquidity at a premium for Genco shareholders, and said its board is considering all options to advance the bid, underscoring ongoing consolidation pressures and strategic maneuvering in the dry bulk shipping sector.
The most recent analyst rating on (DSX) stock is a Buy with a $2.50 price target. To see the full list of analyst forecasts on Diana Shipping stock, see the DSX Stock Forecast page.
On January 12, 2026, Diana Shipping Inc. announced that, via a wholly owned subsidiary, it has entered into a time charter contract with Bunge SA in Geneva for its 2016-built Ultramax dry bulk vessel m/v DSI Altair, securing a gross charter rate of $14,750 per day, less a 5% third-party commission, for a period running at least until January 15, 2027 and up to March 30, 2027, with the charter expected to commence on January 17, 2026. The employment of the 60,309 dwt DSI Altair is projected to generate roughly $5.3 million in gross revenue over the minimum charter term, strengthening revenue visibility for Diana Shipping’s Ultramax segment and underscoring continued demand for its dry bulk fleet as the company maintains a sizeable, diversified portfolio of vessels and advances its fleet renewal plans with upcoming dual-fuel Kamsarmax deliveries.
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 January 8, 2026, Diana Shipping Inc. announced that, through a wholly owned subsidiary, it has agreed a direct continuation of the time charter for its 2009-built Kamsarmax dry bulk vessel m/v Maia with Paralos Shipping Pte. Ltd. at a gross rate of US$14,000 per day, up from the previous US$11,600, for a period running from an expected start date of January 13, 2026 until at least July 5, 2027 and up to September 5, 2027. The new charter for Maia, an 82,193 dwt vessel, is expected to generate approximately US$7.45 million in gross revenue over the minimum period, reinforcing Diana Shipping’s contracted revenue visibility and supporting cash flow stability amid volatile dry bulk markets, while also underscoring the commercial utilization of its Kamsarmax segment as the company simultaneously pursues fleet renewal through upcoming dual-fuel vessel deliveries.
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 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.