Diana Shipping Inc. is thrilled to unveil its latest time charter agreement for the remarkable vessel, m/v DSI Andromeda, in collaboration with Bunge. This exciting venture offers a gross charter rate of $13,500 per day, with a 5% commission distributed to third parties. The contract is set to span from November 24, 2023, until at least February 20, 2025, with the potential to extend until April 20, 2025. Throughout the minimum scheduled period, this exceptional partnership is projected to generate an impressive $6.03 million in gross revenue.
Diana Shipping Inc.
DSX
Neutral
Updated on: 04/12/2023
Weak 
Debt to equity ratio: Buy 
DSX Stock: Mixed Performance on November 20, 2023 with Positive Earnings Growth Projection
DSX stock had a mixed performance on November 20, 2023. The stock opened at $3.50 and traded within a range of $3.43 to $3.57. The trading volume was 760,654 shares. DSX’s market capitalization was $359.8 million. The stock’s price-to-earnings (P/E) ratio was 5.6. The price/sales ratio was 1.12 and the price/book ratio was 0.71. DSX experienced a significant increase of 122.36% in earnings growth in the previous year, but a decline of 71.46% in the current year. Analysts project a positive earnings growth of 63.60% for the next five years. DSX also had a strong revenue growth of 35.37% in the previous year. The stock price saw a slight increase of $0.04 or 0.82% during the trading day. DSX operates in the marine shipping industry and is headquartered in Athens, Central Greece. The next reporting date is scheduled for February 23, 2024, with analysts forecasting earnings per share of $0.11 for the current quarter. In the previous year, the company generated annual revenue of $290.0 million, with a net profit of $119.1 million and a net profit margin of 41.06%. Investors should monitor DSX’s performance and industry trends.
DSX Stock Shows Positive Performance on November 20, 2023: Median Target Price Forecast Indicates 27.17% Increase
DSX stock performances on November 20, 2023, were positive, with a median target price forecast of 4.40, representing a +27.17% increase from the last price of 3.46. This information is based on data provided by CNN Money.
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