Diana Shipping Inc. (DSX) AI Stock Analysis

Headquartered in Athens, Greece, Diana Shipping Inc. provides global shipping transportation services, primarily focusing on moving dry bulk cargoes across international routes. The company transports essential commodities such as iron ore, coal, grain, and other materials. As of November 15, 2022, it operated a fleet of 40 dry bulk vessels across various classes, including Newcastlemax, Capesize, Post-Panamax, Kamsarmax, Ultramax, and Panamax. Originally established as Diana Shipping Investments Corp., the business changed its name to Diana Shipping Inc. in February 2005. It employs 981 people and utilizes its versatile fleet to serve a worldwide clientele.

Diana Shipping achieved a 5-year revenue CAGR of 4.7% from FY2020 to FY2025. Annual revenue peaked at $290.0M in FY2022 before falling 9.6% to $262.1M in FY2023, 12.9% to $228.2M in FY2024, and 6.4% to $213.5M in FY2025. Net income was $17.8M in FY2025, producing a net margin of 8.3% and EPS of $0.12, alongside an operating margin of 18.0%. Over the trailing twelve months, revenue reached $215.9M with EPS of $0.49. For the latest quarter ended June 30, 2026, quarterly revenue grew 4.7% year-over-year, while quarterly earnings increased 466.0%.

As of June 30, 2026, Diana Shipping held $273.2M in cash and short-term investments against total debt of $606.1M, resulting in net debt of $332.9M. Total assets stood at $1.20B and shareholders' equity was $551.5M, yielding a current ratio of 2.18 and a debt-to-equity ratio of 1.10. In FY2025, operating cash flow reached $47.5M and free cash flow was $44.3M. Cash allocation in FY2025 included $3.2M in capital expenditures, $23.0M for share buybacks, and $10.4M in dividends paid.

Diana Shipping trades at a trailing P/E of 5.1x and a forward P/E of 3.2x, below the US-listed Industrials peer medians of 24.8x and 17.2x. Its price-to-sales ratio is 1.4x compared to the peer median of 1.5x, and its EV-to-EBITDA multiple of 6.6x compares to the peer median of 13.9x. The stock closed at $2.50 on October 16, 2026, reflecting a 1-year return of 45.4% versus 16.8% for the S&P 500 (SPY). Over a 5-year period, the stock fell 13.1%, while SPY gained 83.0%.

Diana Shipping pays a quarterly dividend and has maintained 6 consecutive years of payments. The annual forward dividend is $0.04 per share, which represents a dividend yield of 1.60%. The company has a payout ratio of 13.7%, and its most recent ex-dividend date was August 21, 2026.

Wall Street analyst coverage consists of 1 Strong Buy, 0 Buy, 0 Hold, 0 Sell, and 0 Strong Sell ratings. The mean price target is $3.80, which sits 52.0% above the last close of $2.50. Diana Shipping beat EPS estimates in 1 of the last 4 quarters. For the fiscal year ending December 31, 2026, analysts estimate EPS of $0.40 on revenue of $242.0M. The company's next earnings date is November 19, 2026.

This page is an AI-written research summary of Diana Shipping Inc. (DSX). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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