1.12%
-2.16%
-4.23%
-19.56%
-39.87%
-63.87%
-2.16%
AI Spotlight on DSX
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Company Description
Diana Shipping Inc.provides shipping transportation services.The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide.
As of April 13, 2022, it operated a fleet of 35 dry bulk vessels, including 4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 6 Kamsarmax, and 8 Panamax.The company was formerly known as Diana Shipping Investments Corp.and changed its name to Diana Shipping Inc.
in February 2005.Diana Shipping Inc.was incorporated in 1999 and is based in Athens, Greece.
Market Data
| Last Price | 1.81 |
| Change Percentage | 1.12% |
| Open | 1.79 |
| Previous Close | 1.79 |
| Market Cap ( Millions) | 206 |
| Volume | 166391 |
| Year High | 3.22 |
| Year Low | 1.73 |
| M A 50 | 1.85 |
| M A 200 | 2.32 |
Financial Ratios
| FCF Yield | 31.35% |
| Dividend Yield | 8.84% |
| ROE | 2.50% |
| Debt / Equity | 126.55% |
| Net Debt / EBIDTA | 502.84% |
| Price To Book | 0.43 |
| Price Earnings Ratio | 17.39 |
| Price To FCF | 3.19 |
| Price To sales | 0.89 |
| EV / EBITDA | 7.21 |
News
- Feb -25 - Diana Shipping Inc. (DSX) Q4 2024 Earnings Call Transcript
- Feb -25 - Diana Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2024; Declares Cash Dividend of $0.01 per Common Share for the Fourth Quarter 2024
- Feb -19 - Diana Shipping Inc. Announces Time Charter Contract for m/v Myrsini With Cargill
- Feb -18 - Diana Shipping Inc. Announces the Date for the 2024 Fourth Quarter and Year-End Financial Results, Conference Call and Webcast
- Feb -12 - Diana Shipping Inc. Announces the Sale of a Post-Panamax Dry Bulk Vessel, the m/v Alcmene, and the Direct Continuation of Time Charter Contract for m/v San Francisco With SwissMarine
- Jan -14 - Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for M/V Semirio with Solebay and for M/V DSI Aquila with Western Bulk
- Jan -10 - Diana Shipping Inc. Announces Time Charter Contract for m/v New York With SwissMarine
- Jan -07 - Diana Shipping Inc. Announces Final Results of Self Tender Offer for Shares of Common Stock
- Jan -02 - Diana Shipping Inc. Announces Preliminary Results of Self Tender Offer for Shares of Common Stock
- Dec -24 - Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Amphitrite
- Dec -20 - Diana Shipping Inc. Announces Time Charter Contract for m/v Myrto With NYK
- Dec -18 - Diana Shipping Inc. Announces Time Charter Contract for m/v Santa Barbara With Mitsui O.S.K. Lines
- Dec -16 - Diana Shipping Inc. Announces Time Charter Contract for m/v Maera
- Dec -14 - Buying Diana Shipping With A Heavy Heart
- Dec -05 - Diana Shipping Inc. Announces Time Charter Contract for m/v Maia With Paralos Shipping
- Dec -02 - Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Aquarius With Bunge
- Dec -02 - Diana Shipping Inc. Commences Self Tender Offer to Purchase Up to 15,000,000 Shares
- Nov -27 - Diana Shipping: Attractive Valuation And Dividend Cut; Still A Buy
- Nov -25 - Diana Shipping Inc. (DSX) Q3 2024 Earnings Call Transcript
- Nov -25 - Diana Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2024; Declares Cash Dividend of $0.01 Per Common Share for the Third Quarter 2024
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> Dry-bulk Vessels
Expected Growth : 4.5 %
What the company do ?
Diana Shipping Inc.'s dry-bulk vessels transport dry commodities like iron ore, coal, and grains, providing maritime transportation services worldwide.
Why we expect these perspectives ?
Growing demand for iron ore and coal in Asia, increasing grain exports from South America, and a rebound in global trade are expected to drive the dry bulk shipping market, benefiting Diana Shipping Inc.'s maritime transportation services.
Diana Shipping Inc. Products
| Product Range | What is it ? |
|---|---|
| Dry Bulk Vessel Chartering | Diana Shipping Inc. offers dry bulk vessel chartering services, providing customers with access to a fleet of vessels for the transportation of dry bulk cargoes such as iron ore, coal, and grains. |
| Time Chartering | The company offers time chartering services, where customers can charter a vessel for a specific period of time, providing flexibility and control over their shipping operations. |
| Voyage Chartering | Diana Shipping Inc. provides voyage chartering services, where customers can charter a vessel for a single voyage, ideal for one-off or occasional shipping needs. |
| Ship Management | The company offers ship management services, providing technical and operational management of vessels, ensuring compliance with regulatory requirements and optimal vessel performance. |
Diana Shipping Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Diana Shipping Inc. is medium due to the availability of alternative modes of transportation, such as air and land transportation, which can substitute for sea transportation.
Bargaining Power Of Customers
The bargaining power of customers for Diana Shipping Inc. is high due to the concentration of major charterers and the ability of customers to negotiate rates and terms.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Diana Shipping Inc. is low due to the fragmented nature of the shipbuilding industry and the availability of multiple suppliers.
Threat Of New Entrants
The threat of new entrants for Diana Shipping Inc. is low due to the high barriers to entry, including the need for significant capital investment and regulatory compliance.
Intensity Of Rivalry
The intensity of rivalry for Diana Shipping Inc. is high due to the competitive nature of the shipping industry, with many players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 51.53% |
| Debt Cost | 7.26% |
| Equity Weight | 48.47% |
| Equity Cost | 9.66% |
| WACC | 8.42% |
| Leverage | 106.31% |
Diana Shipping Inc. : Quality Control
Diana Shipping Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| TORO | Toro Corp. acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil and refined petroleum products worldwide. The company operates through Aframax/LR2 tanker and … |
| PSHG | Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. It owned and operated five Aframax tanker vessels with a combined carrying capacity … |
| CPLP | Capital Product Partners L.P., a shipping company, provides marine transportation services in Greece. Its vessels transport a range of cargoes, including liquefied natural gas, containerized goods, and dry bulk cargo … |
| USEA | United Maritime Corporation, a shipping company, provides seaborne transportation services worldwide. It owns one Capesize dry bulk vessel having a carrying capacity of 171,314 deadweight tons. The company was incorporated … |
| NMM | Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Navios Maritime Partners
A-Score
1-Year Total Return ->
🥈
United Maritime
A-Score
1-Year Total Return ->
🥉
Capital Product Partners
A-Score
1-Year Total Return ->
4
Diana Shipping
A-Score
1-Year Total Return ->
5
Toro
A-Score
1-Year Total Return ->
6
