Diana Shipping Inc.
NYSE•DSX
CEO: Ms. Semiramis Paliou
Sector: Industrials
Industry: Marine Shipping
Listing Date: 2005-03-23
Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of March 1, 2024, it operated a fleet of 38 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 6 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.
Contact Information
Market Cap
$283.65M
P/E (TTM)
28.3
12.9
Dividend Yield
1.6%
52W High
$2.72
52W Low
$1.27
52W Range
Rank52Top 73.5%
2.9
F-Score
Modified Piotroski Analysis
Based on 10-year fundamentals
Weak • 2.9 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2016-2025
Financial Dashboard
Q4 2025 Data
Revenue
$52.05M+0.00%
4-Quarter Trend
EPS
$0.02+0.00%
4-Quarter Trend
FCF
$0.00+0.00%
4-Quarter Trend
2025 Annual Earnings Highlights
Key Highlights
Net Income Growth Net income reached $17.8M in 2025, showing 40% growth from $12.7M in 2024, despite lower charter revenues.
Basic EPS Increased Basic EPS was $0.11 for 2025, significantly up from $0.06 in 2024, reflecting improved profitability metrics.
Stable Fleet Utilization Fleet utilization remained consistently high at 99.7% across 2025, 2024, and 2023 periods, showing operational efficiency.
Strengthened Capital Position Working capital stood at $155.3M by year-end 2025, supported by strategic equity investments like Genco.
Risk Factors
Charter Rate Volatility Risk Volatile charter hire rates, especially spot market exposure, may adversely affect earnings and compliance with loan covenants.
Global Economic Pressure Global economic slowdowns and persistent inflationary pressures negatively impact drybulk shipping demand and operational costs.
Vessel Value Decline Risk Market values of vessels experienced volatility, where declines could trigger loan covenant breaches or impairment charges.
Geopolitical Instability Exposure Operations face exposure to global risks including political instability, trade restrictions, and ongoing international conflicts.
Outlook
Genco Acquisition Pursuit Company increased cash offer to $23.50 per share for Genco, financing via $1.43B committed facility.
New Eco-Vessel Deliveries Investing in two new methanol dual-fuel Kamsarmax vessels expected for delivery in 2027 and 2028.
Secured Revenue Visibility Contracted revenues cover approximately 81% of 2026 ownership days, providing near-term revenue visibility.
Cybersecurity Enhancement Focus Strategic focus on hardening infrastructure, expanding mobile management, and enhancing SOC monitoring through 2026.
Peer Comparison
Revenue (TTM)
$1.84B
$598.06M
$500.99M
Gross Margin (Latest Quarter)
91.0%
72.7%
55.0%
Key Metrics
Symbol | Market Cap | P/E (TTM) | ROE (TTM) | Debt to Assets |
|---|---|---|---|---|
| ISSC | $535.66M | 28.1 | 31.1% | 21.4% |
| GASS | $332.22M | 5.3 | 9.1% | 0.0% |
| DSX | $283.65M | 28.3 | 3.6% | 54.4% |
Long-Term Trends
Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
-1.8%
Flat Growth
4Q Net Income CAGR
1.4%
Profitability Slowly Improving
Cash Flow Stability
50%
Cash Flow Needs Attention
Deep Research
Next earnings:May 21, 2026
EPS:$0.03
|Revenue:$53.00M
Financials
Earnings Calls
Reports
News
Income Statement
Balance Sheet
Cash Flow Statement
Ratios
% Chg.
Income Statement | LTM |
|---|
No Data