Diana Shipping Inc (NYSE:DSX) shares traded -8.85% down during most recent session to reach at the closing price of $3.5. The stock exchanged hands 1.2 Million shares versus average trading capacity of 1.44 Million shares, yielding a market cap of $347.27 Million. Wall Street analysts covering the stock are projecting that the stock will reach $4.87 within the next 52-weeks. The mean target projections are based on 14 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Diana Shipping Inc (NYSE:DSX) high price target of $7 and with a conservative view have low price target of $2.5.
Evercore ISI Group “Upgrades” Diana Shipping Inc (NYSE:DSX) in a research note issued to investors on 5/24/17 to In-Line with price target of $0.
Additionally on 4/07/17 JP Morgan “Upgrades” Diana Shipping Inc (NYSE:DSX) to Overweight setting price target at $8 and on 8/26/16 Deutsche Bank “Upgrades” the stock to Hold. Furthermore on 8/02/16 Seaport Global “Assumes” the stock to Neutral.
On the other hand the company has Relative Strength Index (RSI 14) of 34.62 along with Average True Range (ATR 14) of 0.22, Consequently Diana Shipping Inc (NYSE:DSX)’s weekly and monthly volatility is 6.06%, 5.77% respectively. The company’s beta value is at 1.55.
In terms of Buy, Sell or Hold recommendations, Diana Shipping Inc (NYSE:DSX) has analysts’ mean recommendation of 3.1. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Diana Shipping Inc (NYSE:DSX)’s minimum EPS for the current quarter is at $-0.29 and can go high up to $-0.2. The consensus mean EPS for the current quarter is at $-0.25 derived from a total of 10 estimates from the analysts who have weighed in on projected earnings. However the company reported $-0.4 earnings per share for the same quarter during last year.
Previously Diana Shipping Inc (NYSE:DSX) reported $-0.34 earnings per share (EPS) for the quarter, beating the consensus estimate of $-0.37 by $0.03. The company posted an earnings surprise of 8.1%.
While considering growth estimates of the company, it has next quarter growth estimates of 48.6% whereas during current quarter it has 37.5% estimations over growth, comparing to the estimations of 26.9% during current year and 59.2% for next year. Past 5 years growth of Diana Shipping Inc (NYSE:DSX) observed at -35.09%, looking forward for the next 5 years it has a strong prediction of 5% over growth.
Diana Shipping Inc (NYSE:DSX)’s revenue estimates for the current quarter are $35.94 Million according to 9 number of analysts, for the current quarter the company has high revenue estimates of $37.8 Million in contradiction of low revenue estimates of $32.84 Million. For the current year the company’s revenue estimates are $151.87 Million compared to low analyst estimates of $132 Million and high estimates of $161.65 Million according to 9 number of analysts.
Currently Diana Shipping Inc (NYSE:DSX)’s shares owned by insiders are 17.8%, whereas shares owned by institutional owners are 44.3%. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded -1.32%.
Diana Shipping Inc (NYSE:DSX) 52-week high price stands at $6.20 and low price stands at $2.11, its price distance from 52-week high is -43.55% while its distance from 52-week low price is 65.88%. The stock hit its 52-week high on 04/07/17, and 52-week low on 06/27/16.
Diana Shipping Inc (NYSE:DSX)’s trailing twelve month revenues are $114.3 Million, whereas its price to sales ratio for the same period is 3.04. Its book value per share for the most recent quarter is $12.69 while its price to book ratio for the same period is 0.28, as for as the company’s cash per share for the most recent quarter is $0, however its price to cash per share ratio for the same period is 0. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.