Performance Shipping Inc. (PSHG) AI Stock Analysis

Performance Shipping Inc., along with its subsidiaries, specializes in offering shipping transportation services globally, primarily through its ownership of tanker vessels. Established in 2010 and headquartered in Athens, Greece, the company operates a fleet that includes five Aframax tanker vessels capable of carrying up to 546,094 deadweight tons (dwt). Its operations focus on the management, operation, and maintenance of vessels to transport liquid cargoes, serving clients in the movement of crude oil and petroleum products while adhering to safety and environmental standards.

Between FY2021 and FY2025, revenue expanded at a 5-year CAGR of 14.9%. Revenue rose from $36.5M in FY2021 to $75.2M in FY2022 and $108.9M in FY2023, before declining to $87.4M in FY2024 and $84.2M in FY2025. Operating margin shifted from -23.2% in FY2021 to 69.3% in FY2023 and stood at 38.7% in FY2025. Net income improved from -$9.7M in FY2021 to $50.0M in FY2025, yielding a net margin of 59.4%. In the latest quarter ended June 30, 2026, quarterly revenue growth was 91.0% year-over-year, while quarterly earnings growth reached 57.2%.

As of June 30, 2026, Performance Shipping held $105.9M in cash and short-term investments against total debt of $310.0M, resulting in net debt of $204.1M. The company reported a current ratio of 3.69 and a debt-to-equity ratio of 0.90 on shareholders' equity of $343.4M and total assets of $674.8M. Operating cash flow reached $50.1M in FY2025, while free cash flow stood at -$231.5M after capital expenditures of $281.5M. The company also recorded dividends paid of $1.8M in FY2025.

Performance Shipping trades at a trailing P/E of 1.7x and a forward P/E of 3.2x, below the median of its US-listed Industrials peers of 24.8x and 17.2x, respectively. Its enterprise value stands at $227.4M against a market cap of $19.0M, with an EV/EBITDA of 3.2x compared to the peer median of 13.9x. The stock has a price-to-book ratio of 0.1x and a price-to-sales ratio of 0.2x. Over the past year, the stock returned -19.0%, while the S&P 500 (SPY) returned 16.8%. Over 5 years, the stock returned -98.1% compared to 83.0% for the S&P 500.

Wall Street coverage includes 1 StrongBuy and 1 Buy rating, with 0 Hold, 0 Sell, and 0 StrongSell ratings. The mean price target is $5.75, representing a target vs last close of 275.8% compared to the last close of $1.53 on October 16, 2026. For the fiscal year ending December 31, 2026, analysts estimate EPS of $1.29 on revenue of $125.0M. The company beat EPS estimates in 2 of the last 4 quarters, and its next earnings date is November 24, 2026.

This page is an AI-written research summary of Performance Shipping Inc. (PSHG). 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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