Diana Shipping Inc.’s 22.91% Dividend Yield Suggests 15.4% Upside

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Diana Shipping inc. with 22.91% dividend yield – Consensus Indicates Potential 15.4% Upside, reveals a Directors Talk Interview news article.

Diana Shipping inc.

Diana Shipping inc. with ticker code (DSX) now have 4 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 4.8 and 4 suggesting an average Analsyt target price of $4.35. Now with the previous closing price of $3.77 and the analysts are correct then we can expect a percentage increase in value of 15.4%. It’s also worth noting that there is a 50 day moving average of $4.10 and the 200 moving average now moves to $4.47. The total market capitalization for the company now stands at $436m. Find out more information at: https://www.dianashippinginc.com

Shipping transportation services

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 February 14, 2023, it operated a fleet of 41 dry bulk vessels, including 4 Newcastlemax, 10 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 7 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.

The company has a dividend yield of 22.91% with the ex dividend date set at 10-3-2023 (DMY).

Other points of data to note are a P/E ratio of 2.91, revenue per share of 3.62 and a 8.52% return on assets.

 

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Source: Directors Talk Interviews