DSX Stock Recent News

ATHENS, Greece, June 03, 2024 (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 Post-Panamax dry bulk vessels, the m/v Electra. The gross charter rate is US$14,000 per day, minus a 4.75% commission paid to third parties, for a period until minimum October 15, 2025 up to maximum December 31, 2025. The charter is expected to commence later today.

Diana Shipping Inc. (NYSE:DSX ) Q1 2024 Earnings Conference Call May 28, 2024 9:00 AM ET Company Participants Ed Nebb - Investor Relations Semiramis Paliou - Chief Executive Officer Ioannis Zafirakis - Director, Chief Financial Officer & Chief Strategy Officer Stasi Margaronis - Director & President Operator Hello, and welcome to the Diana Shipping Inc. First Quarter 2024 Conference Call and Webcast. [Operator Instructions] As a reminder, this conference is being recorded.

ATHENS, Greece, May 28, 2024 (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 reported net income of $2.1 million and net income attributed to common stockholders of $0.6 million for the first quarter of 2024. This compares to net income of $22.7 million and net income attributed to common stockholders of $21.3 million for the first quarter of 2023. Earnings per share for the first quarter of 2024 was $0.01 basic and diluted, compared to earnings per share of $0.22 basic and diluted in the same quarter of 2023.

ATHENS, Greece, May 22, 2024 (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 the Company's Annual Meeting of Shareholders (the "Meeting") was duly held on May 21, 2024, in a virtual format only via the Internet. Broadridge Financial Solutions, Inc. acted as inspector of the Meeting.

ATHENS, Greece, May 21, 2024 (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 its financial results for the first quarter ended March 31, 2024 are scheduled to be released before the opening of the U.S. financial markets on Tuesday, May 28, 2024.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

ATHENS, Greece, April 11, 2024 (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, announced today that the Company will hold its 2024 Annual Meeting of Shareholders (the “Meeting”) at 8:00 a.m. Eastern Time on May 21, 2024 in virtual format only. All shareholders of record as of April 1, 2024, who wish to attend may do so by following the instructions included in the Notice of Annual Meeting of Shareholders and accompanying proxy statement which is available on the SEC website at https://www.sec.gov /edgar/browse/?CIK=1318885&owner=exclude or by referring to the Company's website at www.dianashippinginc.com.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Demand for dry bulk transportation is expected to grow due to supply constraints and robust demand for commodities. So, dry bulk shipping stocks remain attractive. Diana Shipping reported declining revenue and profits in FY23, although the company maintains adequate margins and ROE and distributes an attractive dividend. On the other hand, DSX is not the best option to bet on a dry bulk theme, considering its leveraged balance sheet and declining revenue projections.

As the industry seeks to benefit from the upbeat LPG demand, investing in shipping stocks like TNK, DAC and DSX can be a prudent move.