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DSXDiana Shipping Inc.
$2.34$289M
Overview & Tools
OverviewChart Terminal ↗Visualize
Valuation & Forecasts
Valuation ModelsEstimatesDCF Model
Price & Analyst Data
Analyst TargetsPrice History
Financial Statements
Income StatementBalance SheetCash FlowRatios & Margins
Performance
P/E HistoryRevenue HistoryEarnings HistoryDividend HistoryTotal Return
Discovery & Screens
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DSX logo

Diana Shipping Inc.

DSX
NYSE · Marine Shipping
$2.34
At close - Nov 6, 4:00 PM EST - USD
Market Cap$289M
P/E4.5x
52W High$3.20
Volume460.18K
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2026Q2

Discounted Book Value Offsets Leveraged Fleet Contraction

Diana Shipping's forward multiples — a 7.17x forward P/E, 5.83x forward EV/EBITDA, and a 0.63x price-to-book — suggest the market is discounting a dry bulk operator whose quarterly revenue has only just stabilized, printing +4.7% growth in 2026Q2 after eight consecutive quarters of year-over-year decline.

GrowthStable
ProfitabilityModerate
ValuationAttractive
TechnicalsWeak
Explore valuation models
MARKET ACTION

DSX price & volume

Price trend, volume and key moving averages

Launch Terminal
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Decision Checklist4 Core Signals

What matters now

The signals most likely to change the investment case.

01

Earnings momentum

7/12 Beats

EPS beat 7 of last 12 quarters

02

Valuation risk

-20% Peers

P/E is 20% below peer median

03

Market leadership

RS 45 · Lag

Laggard (Underperforming 55% of market)

04

Weak Trend

Below 200DMA

Price < 200DMA

Next CatalystConfirmed earnings · Nov 19

Market performance

Price History →

Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
DSX+41.07%
S&P 500 (^GSPC)+7.63%
1-Year Return
DSX+44.24%
S&P 500 (^GSPC)+9.69%
3-Year Return
DSX-13.20%
S&P 500 (^GSPC)+69.74%
5-Year Return
DSX-14.08%
S&P 500 (^GSPC)+57.47%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y Low
4.5x
Forward P/E
5.9x
EV/EBITDA100th %ile
8.6x
FCF YieldCash Flow
N/A

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
4.5x
6.9x
20th· Low
EV/EBITDA
8.6x
6.5x
100th· High
Price/FCF
N/A
5.2x
N/A
Current Multiple
5Y Median (50th %ile)

Intrinsic Value Scenarios

DCF Projection
No DCF Model AvailableIntrinsic value modeling is not supported for this equity.

Growth & profitability

Annual revenue & EPS trend
Revenue FY25
$214M-6.4% YoY
Net income FY25
$18M+39.9% YoY
Free cash flow FY25
$44M-18.0% YoY
Operating margin FY25
18%-5.2 pts YoY
ROIC (FY25)2.8%
Avg ROIC 5Y6.1%
ROE (TTM)11.6%
Piotroski Score6 / 9
Financial Statements →
03

Monitor what changed

Recent results and news deserve attention only when they alter the forward view.

OPERATING RESULTS

Recent Earnings

Earnings History
EPS Beat Rate7/12 (64%)
Revenue Beat Rate7/12 (64%)
QuarterEPS (Act vs Est)Revenue (Act vs Est)
Q3 2026Latest
Jul 30, 2026
$0.16+700.0%
vs $0.02
$57M+4.9%
vs $55M
Q2 2026
May 28, 2026
$0.24+1472.9%
vs $0.02
$55M+3.9%
vs $53M
Q1 2026
Feb 26, 2026
$0.02+300.0%
vs $0.01
$52M+0.7%
vs $52M
Q4 2025
Nov 20, 2025
$0.05+900.0%
vs $0.01
$52M-0.3%
vs $52M
Historical baseline: 12 quarters analyzedGAAP / Adjusted
MARKET COVERAGE

Latest News

4 Stories
GlobeNewsWire·Oct 8, 2026
Diana Shipping Inc. Announces Time Charter Contract for M/V G. P. Zafirakis with Classic Maritime

ATHENS, Greece, Oct. 08, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Classic Maritime Inc., for one of its Capesize dry bulk vessels, the m/v G. P. Zafirakis. The gross charter rate is US$38,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum October 1, 2027 up to maximum December 15, 2027. The charter is expected to commence on October 10, 2026. The m/v G. P. Zafirakis is currently chartered, as previously announced, to Nippon Yusen Kabushiki Kaisha, Tokyo, at a gross charter rate of US$26,800 per day, minus a 5.00% commission paid to third parties.

GlobeNewsWire·Sep 21, 2026
Diana Shipping Inc. Announces Time Charter Contract for m/v DSI Polaris with Dai An Ocean Shipping

ATHENS, Greece, Sept. 21, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Dai An Ocean Shipping Company Limited, for one of its Ultramax dry bulk vessels, the m/v DSI Polaris. The gross charter rate is US$18,000 per day, minus a 5.00% commission paid to third parties, for a period until minimum May 1, 2028 up to maximum June 30, 2028. The charter is expected to commence on September 25, 2026. The m/v DSI Polaris is currently chartered, as previously announced, to Cargill Ocean Transportation (Singapore) Pte. Ltd, at a gross charter rate of US$12,250 per day, minus a 4.75% commission paid to third parties.

GlobeNewsWire·Sep 16, 2026
Diana Shipping Inc. Announces Time Charter Contract for m/v Astarte With Aquavita

ATHENS, Greece, Sept. 16, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Kamsarmax dry bulk vessels, the m/v Astarte. The gross charter rate is US$17,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum September 1, 2027 up to maximum November 15, 2027. The charter is expected to commence on September 20, 2026. The m/v Astarte is currently chartered, as previously announced, to Propel Shipping Pte. Ltd., at a gross charter rate of US$12,500 per day, minus a 5.00% commission paid to third parties.

GlobeNewsWire·Aug 24, 2026
Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Leto With Cargill

ATHENS, Greece, Aug. 24, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has extended the time charter contract with Cargill International SA, Geneva, for one of its Panamax dry bulk vessels, the m/v Leto. The gross charter rate is US$18,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum September 1, 2027 up to maximum October 31, 2027. The new charter period is expected to commence on September 10, 2026. The m/v Leto is currently chartered, as previously announced, at a gross charter rate of US$12,750 per day, minus a 4.75% commission paid to third parties.

Filtered for Diana Shipping Inc.More Headlines
04

Compare before deciding

Benchmark DSX against direct peers instead of judging its metrics in isolation.

Peers Comparison

Key metrics vs top competitors for Diana Shipping Inc. (DSX)

Full Screener →
CompanyPriceMarket CapP/E RatioRev Growth (1Y)Net MarginROEDiv Yield
DSX logoDSXDiana Shipping Inc.Current
$2.34$289.08M4.54-6.43%27.88%11.56%1.79%
SBLK logoSBLKStar Bulk Carriers Corp.
$26.73$2.98B10.39-17.62%23.87%11.71%1.11%
GNK logoGNKGenco Shipping & Trading Limited
$26.00$1.13B14.62-19.14%15.48%8.9%2.91%
SB logoSBSafe Bulkers, Inc.
$7.11$723.99M8.32-10.37%28.29%10.32%3.91%
NMM logoNMMNavios Maritime Partners L.P.
$85.33$2.44B4.270.76%36.89%16.33%0.23%
CMRE logoCMRECostamare Inc.
$12.72$1.54B4.59-57.87%40.5%14.82%5.19%

Compare DSX vs Peers

Diana Shipping Inc. (DSX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.

Closest Rival

vs SBLK

Most directly comparable listed peer for DSX.

Scale Benchmark

vs CAT

Larger-name benchmark to compare DSX against a more recognizable public peer.

Peer Set

Compare Top 5

vs SBLK, GNK, SB, NMM

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DSX Frequently Asked Questions

Diana Shipping Inc. (DSX) stock FAQ — growth, dividends, profitability & financials explained

Growth & Financials
What is Diana Shipping Inc.'s revenue?

Diana Shipping Inc. (DSX) reported $215.9M in revenue over the trailing twelve months. Revenue was $213.5M in fiscal year 2025. That is 1780% more than the $11.4M of fiscal year 2001.

How fast is Diana Shipping Inc. growing?

Diana Shipping Inc. (DSX) revenue fell by 3.7% over the trailing twelve months, compared with the twelve months before.

Is DSX profitable?

Yes. Diana Shipping Inc. (DSX) earned $60.2M in net income over the trailing twelve months (a 27.9% net margin).

Dividend & Returns
Does DSX pay dividends?

Yes. Diana Shipping Inc. (DSX) pays a dividend that yields 1.79% at the current price, a moderate yield.

What is DSX's return on equity?

Diana Shipping Inc. (DSX) had a return on equity (ROE) of 11.6% over the trailing twelve months. That is in line with the market's typical 10-15%.

What if you invested $1,000 in DSX back in 2001?

Total return calculator · dividends reinvested · 25+ years of data

See returns →