DSX Stock Recent News

ATHENS, Greece, Nov. 13, 2023 (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 third quarter ended September 30, 2023 are scheduled to be released before the opening of the U.S. financial markets on Wednesday, November 15, 2023.

Diana Shipping Inc. faces significant financial challenges with a 71% decline in net income and a drop in EPS in Q2 2023. The company's time charter revenues fell by 9.6%, despite increasing its fleet size, and vessel operating expenses increased by 23%. External factors like slow economic growth forecasts and challenging market indicators further compound the risks.

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Diana Shipping, Inc. (NYSE:DSX ) Q2 2023 Earnings Conference Call August 1, 2023 9:00 AM ET Company Participants Edward Nebb - Comm-Counsellors Ioannis Zafirakis - CFO, Chief Strategy Officer, Treasurer, Secretary & Director Semiramis Paliou - CEO & Director Anastasios Margaronis - President & Director Conference Call Participants Omar Nokta - Jefferies Operator Greetings and welcome to Diana Shipping Inc. Second Quarter 2023 Conference Call and Webcast. [Operator Instructions].

Diana Shipping (DSX) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.14 per share. This compares to earnings of $0.42 per share a year ago.

ATHENS, Greece, July 13, 2023 (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 second quarter ended June 30, 2023 are scheduled to be released before the opening of the U.S. financial markets on Tuesday, August 1, 2023.

Diana Shipping (DSX) closed the most recent trading day at $3.78, making no change from the previous trading session.

Diana Shipping offers a compelling investment opportunity due to its strong balance sheet, attractive valuation metrics, and consistent dividend payments. The company has secured two new time charter contracts for its Panamax dry bulk vessels, expected to generate significant revenue, and has refinanced its existing debt, improving its financial position. Investors should be aware of inherent risks in the shipping industry, including fluctuating commodity prices and changes in global politics.

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Diana Shipping (DSX) came out with quarterly earnings of $0.22 per share, beating the Zacks Consensus Estimate of $0.19 per share. This compares to earnings of $0.31 per share a year ago.