ATHENS, Greece, July 07, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Aquavita International S.A., for one of its Kamsarmax dry bulk vessels, the m/v Medusa. The gross charter rate is US$16,850 per day, minus a 4.75% commission paid to third parties, for a period until minimum October 5, 2027 up to maximum December 20, 2027. The charter is expected to commence on July 10, 2026. The m/v Medusa is currently chartered, as previously announced, to Cargill International SΑ, Geneva, at a gross charter rate of US$13,000 per day, minus a 4.75% commission paid to third parties.
Diana Shipping Inc.(DSX)Earnings, Financials & Key Ratios
DSX•NYSE
$2.16
19.6× P/E·Price updated Jul 7, 2026
AboutDiana 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 April 13, 2022, it operated a fleet of 35 dry bulk vessels, including 4 Newcastlemax, 12 Capesize, 5 Post-Panamax, 6 Kamsarmax, and 8 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.Show more
- Revenue$214M-6.4%
- EBITDA$82M-21.3%
- Net Income$18M+39.9%
- EPS (Diluted)0.11+87.1%
- Gross Margin56.61%-2.1%
- EBITDA Margin38.21%-15.9%
- Operating Margin19.76%-23.3%
- Net Margin8.35%+49.5%
- ROE3.54%+38.0%
DSX Price & Volume
Diana Shipping Inc. (DSX) stock price & volume — 10-year historical chart
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Persistent Revenue Contraction Challenges Fleet Value Sustainability
Investment Thesis • Updated 2025Q4
VerdictNeutral
Growth:Contracting
Profitability:Strained
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Cyclical Charter Rate Volatility
Key Thesis Takeaways
- Diana Shipping faces a challenging outlook characterized by a consistent downward revenue trajectory, evidenced by an 8.8% year-over-year decline in 2025Q4.
- While the company maintains a stable debt-to-equity ratio of 1.27, the erosion of net PPE from $950.2 million in 2023Q3 to $826.7 million in 2025Q4 suggests significant long-term capital footprint reduction.
- Investors should monitor the company's ability to navigate volatile charter rates, as net margins have compressed to 6.0% and historical losses continue to weigh on the equity base with retained earnings at -$633.6 million as of 2025Q2.
Verdict Logic
while the forward P/E of 5.19 appears attractive, the persistent revenue decline and the $23.8 million share buyback in 2025Q4 despite stagnant net income suggest significant risks to long-term capital allocation efficiency.
DSX Growth Metrics
Diana Shipping Inc. (DSX) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years3.08%
5 Years4.7%
3 Years-9.7%
TTM-6.43%
Profit CAGR
10 Years-
5 Years-
3 Years-46.9%
TTM39.86%
EPS CAGR
10 Years-
5 Years-
3 Years-56.75%
TTM90.21%
Return on Capital
10 Years-0.18%
5 Years8.13%
3 Years5.68%
Last Year3.6%
DSX Recent Earnings
Diana Shipping Inc. (DSX) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 7/12 qtrs (64%)●Beat Revenue 7/12 qtrs (64%)
Q2 2026Latest
May 28, 2026Metric
Actual
Est
EPS
$0.06+297.9%
$0.02
Rev
$55M+3.9%
$53M
Q1 2026
Feb 26, 2026Metric
Actual
Est
EPS
$0.02+300.0%
$0.01
Rev
$52M+0.7%
$52M
Q4 2025
Nov 20, 2025Metric
Actual
Est
EPS
$0.05+900.0%
$0.01
Rev
$52M-0.3%
$52M
Q4 2025
Sep 15, 2025Metric
Actual
Est
EPS
$0.04
—
Rev
$55M
—
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | May 28, 2026 | $0.06vs $0.02+297.9% | $55Mvs $53M+3.9% |
| Q1 2026 | Feb 26, 2026 | $0.02vs $0.01+300.0% | $52Mvs $52M+0.7% |
| Q4 2025 | Nov 20, 2025 | $0.05vs $0.01+900.0% | $52Mvs $52M-0.3% |
| Q4 2025 | Sep 15, 2025 | $0.04 | $55M |
Based on last 12 quarters of dataView full earnings history →
Latest DSX News
Recent stock market news and headlines for Diana Shipping Inc. (DSX)
GlobeNewsWire·1 day ago
Diana Shipping Inc. Announces Time Charter Contract for m/v Medusa with AquavitaGlobeNewsWire·Jun 30, 2026
Diana Shipping Inc. Announces Extension of Financing to Support Acquisition of All Outstanding Shares of Genco Shipping & TradingFully Underwritten Commitment Arranged by DNB Carnegie and Nordea, with Participation from Leading International Banks $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.54 1 — Remains on the Table, Providing an Opportunity to Deliver Premium Value for Genco Shareholders Financing Extension, Combined with Shareholder Tender Support, Reflects Growing Momentum Behind Diana's Proposal and Its Unwavering Commitment to Negotiating a Transaction with Genco ATHENS, Greece, June 30, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today announced an extension of the fully committed financing supporting Diana's offer to acquire the outstanding shares of Genco not already owned by Diana. The extension is a further demonstration of Diana's commitment to completing a transaction and of its banking partners' confidence in the strength and credibility of Diana's proposal.
GlobeNewsWire·Jun 29, 2026
Diana Shipping Inc. Announces Extension of Tender Offer for All Outstanding Shares of Genco Shipping & Trading10.6 Million, or 28.4% of Outstanding Shares Not Owned By Diana, Tendered into Offer as of June 26 $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.54 1 — Remains on the Table, Providing an Opportunity to Deliver Premium Value for Genco Shareholders Significant Show of Support for Diana's Tender Offer Sends Clear Message that Genco and Diana Should Negotiate a Transaction ATHENS, Greece, June 29, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX) (“Diana” or “the Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels that is the largest shareholder of Genco Shipping & Trading Limited (NYSE: GNK) (“Genco”), today announced that its tender offer to acquire all outstanding shares of Genco not already owned by Diana has been extended to July 10, 2026, at 5:00 p.m., New York City time.
GlobeNewsWire·Jun 24, 2026
Diana Shipping Inc. Announces Time Charter Contract for m/v Ismene with Paralos ShippingATHENS, Greece, June 24, 2026 (GLOBE NEWSWIRE) -- Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Paralos Shipping Pte. Ltd. for one of its Panamax dry bulk vessels, the m/v Ismene. The gross charter rate is US$15,750 per day, minus a 5.00% commission paid to third parties, for a period until minimum May 15, 2027, up to maximum July 15, 2027. The charter is expected to commence on July 05, 2026. The m/v Ismene is currently chartered, as previously announced, to CRC Shipping Pte. Ltd., at a gross charter rate of US$11,000 per day, minus a 5.00% commission paid to third parties.
GlobeNewsWire·Jun 17, 2026
Diana Shipping Inc. Raises Offer to Acquire Genco Shipping & Trading to $27.34 Per Share Comprised of $24.80 in Cash and One Diana ShareDiana Shares Valued at $2.54 Per Share Based on Diana's Volume-Weighted Average Price for the 30 Days Ended on June 16, 2026
Peers Comparison
Key metrics vs top competitors for Diana Shipping Inc. (DSX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $2.16 | $266.85M | 19.64 | -6.43% | 8.35% | 3.54% | 1.94% | |
| $26.20 | $2.98B | 35.89 | -17.62% | 13.01% | 5.87% | — | |
| $25.03 | $1.09B | -250.30 | -19.14% | 8.12% | 4.19% | — | |
| $6.73 | $685.29M | 22.43 | -10.37% | 13.99% | 4.68% | — | |
| $75.18 | $2.15B | 7.84 | 0.76% | 24.86% | 10.52% | — | |
| $14.51 | $1.75B | 5.07 | -57.87% | 40.59% | 16.23% | — |
Compare DSX vs Peers
Diana Shipping Inc. (DSX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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DSX Frequently Asked Questions
Diana Shipping Inc. (DSX) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Diana Shipping Inc.'s revenue?
Diana Shipping Inc. (DSX) reported $213.5M in revenue for fiscal year 2025. This represents a 1780% increase from $11.4M in 2001.
How fast is Diana Shipping Inc. growing?
Diana Shipping Inc. (DSX) saw revenue decline by 6.4% over the past year.
Is DSX profitable?
Yes, Diana Shipping Inc. (DSX) is profitable, generating $17.8M in net income for fiscal year 2025 (8.3% net margin).
Dividend & Returns
Does DSX pay dividends?
Yes, Diana Shipping Inc. (DSX) pays a dividend with a yield of 1.94%. This makes it attractive for income-focused investors.
What is DSX's return on equity?
Diana Shipping Inc. (DSX) has a return on equity (ROE) of 3.5%. This is below average, suggesting room for improvement.
What is Diana Shipping Inc.'s free cash flow?
Diana Shipping Inc. (DSX) generated $44.3M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.