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DSXDiana Shipping Inc.
$2.88$356M
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
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DSX logo

Diana Shipping Inc.

DSX
NYSE · Marine Shipping
$2.88
At close - Sep 23, 4:00 PM EDT - USD
Market Cap$356M
P/E26.2x
52W High$3.20
Volume1.53M
OverviewTerminalAnalysisFinancialsValuationEarningsBreakoutsOwnership
VCP Research Verdict2025Q4

Persistent Revenue Contraction Challenges Fleet Value Sustainability

Diana Shipping faces a challenging outlook characterized by a consistent downward revenue trajectory, evidenced by an 8.8% year-over-year decline in 2025Q4. While the company maintains a stable debt-to-equity ratio of 1.27, the erosion of net PPE from $950.2 m...

GrowthContracting
ProfitabilityStrained
ValuationAttractive
TechnicalsHealthy
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

+99% Peers

P/E is 99% above peer median

03

Market leadership

RS 92 · Leader

High momentum (Outperforming 92% of market)

04

Healthy Uptrend

Uptrend

Price > 50DMA > 200DMA

Next CatalystConfirmed earnings · Nov 19

Market performance

Price History →

Trailing total returns as of 9/24/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).

YTD Return
DSX+73.21%
S&P 500 (^GSPC)+12.39%
1-Year Return
DSX+56.99%
S&P 500 (^GSPC)+15.77%
3-Year Return
DSX-3.89%
S&P 500 (^GSPC)+75.92%
5-Year Return
DSX-6.50%
S&P 500 (^GSPC)+72.00%
02

Test the fundamentals

Check whether operating performance supports the current valuation.

VALUATION & INTRINSIC VALUE

Valuation Scenarios

Valuation Analysis
Trailing P/E5Y High
26.2x
Forward P/EExpansion
7.2x
EV/EBITDA100th %ile
10.7x
FCF YieldCash Flow
12.5%

Valuation vs 5-Year History

Multiple Range
Metric
Current
5Y Median
Historical Range
Percentile
P/E
26.2x
6.9x
80th· High
EV/EBITDA
10.7x
6.2x
100th· High
Price/FCF
8.0x
4.7x
100th· High
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
$214M-6.4% YoY
Net income
$18M+39.9% YoY
Free cash flow
$44M-25.2% YoY
Operating margin
19.8%-6.0 pts YoY
ROIC (TTM)3.1%
Avg ROIC 5Y-
ROE (TTM)3.5%
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

5 Stories
GlobeNewsWire·3d ago
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.

Seeking Alpha·Aug 18, 2026
Diana Shipping: Genco Clarity, But Earnings Not So Much (Downgrade)

Diana Shipping Inc. is downgraded to Hold as forward earnings visibility remains unclear despite a strong YTD rally. DSX's Q2 revenue missed by $9 million, but technical momentum is robust with shares doubling since April 2025. Termination of the Genco acquisition is viewed positively, preserving balance sheet strength and focus on the core fleet.

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
$2.88$355.8M26.18-6.43%8.35%3.54%1.45%
SBLK logoSBLKStar Bulk Carriers Corp.
$30.40$3.39B41.64-17.62%23.87%11.71%—
GNK logoGNKGenco Shipping & Trading Limited
$26.44$1.15B-264.40-19.14%9.15%0.02%—
SB logoSBSafe Bulkers, Inc.
$8.37$852.29M27.90-10.37%28.29%10.32%—
NMM logoNMMNavios Maritime Partners L.P.
$87.94$2.51B9.170.76%30.19%13.13%—
CMRE logoCMRECostamare Inc.
$14.68$1.77B5.13-57.87%40.36%15.45%—

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 for fiscal year 2025. This represents a 1801% increase from $11.4M in 2001.

How fast is Diana Shipping Inc. growing?

Diana Shipping Inc. (DSX) saw revenue decline by 6.4% over the past year.

Is DSX profitable?

Yes, Diana Shipping Inc. (DSX) is profitable, generating $60.2M in net income for fiscal year 2025 (8.3% net margin).

Dividend & Returns
Does DSX pay dividends?

Yes, Diana Shipping Inc. (DSX) pays a dividend with a yield of 1.45%. This makes it attractive for income-focused investors.

What is DSX's return on equity?

Diana Shipping Inc. (DSX) has a return on equity (ROE) of 3.5%. This is below average, suggesting room for improvement.

What is Diana Shipping Inc.'s free cash flow?

Diana Shipping Inc. (DSX) generated $44.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.

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

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

See returns →