Diana Shipping (DSX) Stock Forecast, Price Target & Predictions

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DSX Stock Forecast

Diana Shipping stock forecast is as follows: an average price target of $3.00 (represents a 62.16% upside from DSX’s last price of $1.85) and a rating consensus of 'Hold', based on 1 wall street analysts offering a 1-year stock forecast.

DSX Price Target

The average price target for Diana Shipping (DSX) is $3.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $3.00 to $3.00. This represents a potential 62.16% upside from DSX's last price of $1.85.

DSX Analyst Ratings

Hold

According to 1 Wall Street analysts, Diana Shipping's rating consensus is 'Hold'. The analyst rating breakdown for DSX stock is 0 'Strong Buy' (0.00%), 0 'Buy' (0.00%), 1 'Hold' (100.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Diana Shipping Price Target by Analyst

Date	Analyst	Company	Price Target	Price when Published	Price Target/Price when Published	Price Target/Last Closing Price
May 28, 2024	Omar Nokta	Jefferies	$3.00	$3.04	-1.48%	62.16%
Jun 09, 2023	Omar Nokta	Jefferies	$4.00	$4.12	-2.91%	116.22%

The latest Diana Shipping stock forecast, released on May 28, 2024 by Omar Nokta from Jefferies, set a price target of $3.00, which represents a -1.48% decrease from the stock price at the time of the forecast ($3.04), and a 62.16% increase from DSX last price ($1.85).

Diana Shipping Price Target by Period

	1M	3M	12M
# Anlaysts	-	-	1
Avg Price Target	-	-	$3.00
Last Closing Price	$1.85	$1.85	$1.85
Upside/Downside	-100.00%	-100.00%	62.16%

In the current month, the average price target of Diana Shipping stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Diana Shipping's last price of $1.85. This month's average price target is down NaN% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

Date	Company	Previous Rating	New Rating	Rating Change
May 28, 2024	Jefferies	Hold	Hold	Hold
Jun 09, 2023	Jefferies	Hold	Hold	Hold
Feb 25, 2022	Jefferies	Hold	Hold	Hold

Diana Shipping's last stock rating was published by Jefferies on May 28, 2024. The company gave DSX a "Hold" rating, the same as its previous rate.

Diana Shipping Financial Forecast

Diana Shipping Revenue Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
Revenue	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$72.64M	$75.70M	$73.81M	$74.52M	$65.93M	$68.84M	$57.28M	$47.02M	$41.05M	$42.66M	$42.34M
Avg Forecast	$72.09M	$70.85M	$69.63M	$68.42M	$63.59M	$63.59M	$62.90M	$62.21M	$79.00M	$81.00M	$58.80M	$53.70M	$54.70M	$56.25M	$55.83M	$54.40M	$58.62M	$61.25M	$66.93M	$67.94M	$68.45M	$66.55M	$71.68M	$64.62M	$67.88M	$55.49M	$45.67M	$38.47M	$40.45M	$41.04M
High Forecast	$72.09M	$70.85M	$69.63M	$68.42M	$63.59M	$63.59M	$62.90M	$62.21M	$79.00M	$81.00M	$58.80M	$53.70M	$54.70M	$56.25M	$55.88M	$54.75M	$58.62M	$61.45M	$66.93M	$67.94M	$68.45M	$66.55M	$71.68M	$64.62M	$67.88M	$55.49M	$45.67M	$38.47M	$40.45M	$41.04M
Low Forecast	$72.09M	$70.85M	$69.63M	$68.42M	$63.59M	$63.59M	$62.90M	$62.21M	$79.00M	$81.00M	$58.80M	$53.70M	$54.70M	$56.25M	$55.77M	$54.05M	$58.62M	$61.04M	$66.93M	$67.94M	$68.45M	$66.55M	$71.68M	$64.62M	$67.88M	$55.49M	$45.67M	$38.47M	$40.45M	$41.04M
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	3
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.07%	1.11%	1.11%	1.04%	1.02%	1.01%	1.03%	1.03%	1.07%	1.05%	1.03%

Diana Shipping's average Quarter revenue forecast for Jun 23 based on 1 analysts is $66.93M, with a low forecast of $66.93M, and a high forecast of $66.93M. DSX's average Quarter revenue forecast represents a -7.86% decrease compared to the company's last Quarter revenue of $72.64M (Mar 23).

Diana Shipping EBITDA Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	3
EBITDA	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$29.42M	$35.10M	$35.52M	$38.58M	$31.27M	$31.17M	$19.67M	$7.68M	$3.55M	$-1.70M	$-1.81M
Avg Forecast	$21.58M	$21.21M	$20.84M	$20.48M	$19.04M	$19.04M	$18.83M	$18.62M	$23.65M	$24.25M	$17.60M	$16.08M	$16.37M	$16.84M	$16.71M	$32.23M	$17.55M	$18.33M	$20.04M	$29.30M	$42.83M	$18.76M	$20.21M	$26.63M	$19.14M	$15.64M	$12.88M	$4.51M	$11.40M	$11.57M
High Forecast	$21.58M	$21.21M	$20.84M	$20.48M	$19.04M	$19.04M	$18.83M	$18.62M	$23.65M	$24.25M	$17.60M	$16.08M	$16.37M	$16.84M	$16.73M	$38.67M	$17.55M	$18.40M	$20.04M	$35.16M	$51.40M	$18.76M	$20.21M	$31.96M	$19.14M	$15.64M	$12.88M	$5.41M	$11.40M	$11.57M
Low Forecast	$21.58M	$21.21M	$20.84M	$20.48M	$19.04M	$19.04M	$18.83M	$18.62M	$23.65M	$24.25M	$17.60M	$16.08M	$16.37M	$16.84M	$16.70M	$25.78M	$17.55M	$18.27M	$20.04M	$23.44M	$34.27M	$18.76M	$20.21M	$21.31M	$19.14M	$15.64M	$12.88M	$3.61M	$11.40M	$11.57M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.00%	0.82%	1.89%	1.91%	1.17%	1.63%	1.26%	0.60%	0.79%	-0.15%	-0.16%

1 analysts predict DSX's average Quarter EBITDA for Jun 23 to be $20.04M, with a high of $20.04M and a low of $20.04M. This is -31.89% lower than Diana Shipping's previous annual EBITDA (Mar 23) of $29.42M.

Diana Shipping Net Income Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	3
Net Income	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$38.39M	$25.68M	$31.73M	$35.60M	$26.04M	$56.69M	$14.73M	$2.81M	$-1.38M	$-8.88M	$-13.04M
Avg Forecast	$20.89M	$20.80M	$20.32M	$19.45M	$20.83M	$20.60M	$20.27M	$19.76M	$27.25M	$29.54M	$7.21M	$2.40M	$2.40M	$1.80M	$3.02M	$26.84M	$5.16M	$6.64M	$14.68M	$24.40M	$38.01M	$29.30M	$37.08M	$22.19M	$29.97M	$14.56M	$2.92M	$-1.75M	$-5.48M	$-6.53M
High Forecast	$20.89M	$20.80M	$20.32M	$19.45M	$20.83M	$20.60M	$20.27M	$19.76M	$27.25M	$29.54M	$7.21M	$2.40M	$2.40M	$1.80M	$3.13M	$32.21M	$5.16M	$6.64M	$14.68M	$29.29M	$45.62M	$29.30M	$37.08M	$26.62M	$29.97M	$14.56M	$2.92M	$-1.40M	$-5.48M	$-6.53M
Low Forecast	$20.89M	$20.80M	$20.32M	$19.45M	$20.83M	$20.60M	$20.27M	$19.76M	$27.25M	$29.54M	$7.21M	$2.40M	$2.40M	$1.80M	$2.91M	$21.48M	$5.16M	$6.64M	$14.68M	$19.52M	$30.41M	$29.30M	$37.08M	$17.75M	$29.97M	$14.56M	$2.92M	$-2.10M	$-5.48M	$-6.53M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.57%	0.68%	1.08%	0.96%	1.17%	1.89%	1.01%	0.96%	0.79%	1.62%	2.00%

Diana Shipping's average Quarter net income forecast for Jun 23 is $14.68M, with a range of $14.68M to $14.68M. DSX's average Quarter net income forecast represents a -61.77% decrease compared to the company's last Quarter net income of $38.39M (Mar 23).

Diana Shipping SG&A Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	3
SG&A	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$7.68M	$7.41M	$7.24M	$8.12M	$7.06M	$8.13M	$7.49M	$7.62M	$7.15M	$7.54M	$9.96M
Avg Forecast	$10.28M	$10.10M	$9.92M	$9.75M	$9.06M	$9.06M	$8.97M	$8.87M	$11.26M	$11.55M	$8.38M	$7.65M	$7.80M	$8.02M	$7.96M	$7.28M	$8.36M	$8.73M	$9.54M	$6.61M	$7.51M	$9.49M	$10.22M	$6.01M	$9.68M	$7.91M	$6.51M	$9.65M	$5.77M	$5.85M
High Forecast	$10.28M	$10.10M	$9.92M	$9.75M	$9.06M	$9.06M	$8.97M	$8.87M	$11.26M	$11.55M	$8.38M	$7.65M	$7.80M	$8.02M	$7.97M	$8.73M	$8.36M	$8.76M	$9.54M	$7.94M	$9.01M	$9.49M	$10.22M	$7.22M	$9.68M	$7.91M	$6.51M	$11.58M	$5.77M	$5.85M
Low Forecast	$10.28M	$10.10M	$9.92M	$9.75M	$9.06M	$9.06M	$8.97M	$8.87M	$11.26M	$11.55M	$8.38M	$7.65M	$7.80M	$8.02M	$7.95M	$5.82M	$8.36M	$8.70M	$9.54M	$5.29M	$6.01M	$9.49M	$10.22M	$4.81M	$9.68M	$7.91M	$6.51M	$7.72M	$5.77M	$5.85M
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1.16%	0.99%	0.76%	0.79%	1.17%	0.84%	0.95%	1.17%	0.74%	1.31%	1.70%

Diana Shipping's average Quarter SG&A projection for Jun 23 is $9.54M, based on 1 Wall Street analysts, with a range of $9.54M to $9.54M. The forecast indicates a 24.19% rise compared to DSX last annual SG&A of $7.68M (Mar 23).

Diana Shipping EPS Forecast

	Dec 27	Sep 27	Jun 27	Mar 27	Dec 26	Sep 26	Jun 26	Mar 26	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20	Sep 20
# Analysts	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	1	2	1	1	1	1	1	1	1	1	1	1	1	6	3
EPS	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	$0.39	$0.28	$0.39	$0.47	$0.32	$0.72	$0.17	$0.02	$-0.03	$-0.10	$-0.15
Avg Forecast	$0.17	$0.17	$0.17	$0.16	$0.17	$0.17	$0.17	$0.16	$0.23	$0.25	$0.06	$0.02	$0.02	$0.01	$0.03	$0.03	$0.04	$0.06	$0.12	$0.14	$0.19	$0.25	$0.32	$0.25	$0.26	$0.13	$0.03	$-0.05	$-0.05	$-0.06
High Forecast	$0.17	$0.17	$0.17	$0.16	$0.17	$0.17	$0.17	$0.16	$0.23	$0.25	$0.06	$0.02	$0.02	$0.01	$0.03	$0.03	$0.04	$0.06	$0.12	$0.14	$0.19	$0.25	$0.32	$0.25	$0.26	$0.13	$0.03	$-0.05	$-0.05	$-0.06
Low Forecast	$0.17	$0.17	$0.17	$0.16	$0.17	$0.17	$0.17	$0.16	$0.23	$0.25	$0.06	$0.02	$0.02	$0.01	$0.02	$0.03	$0.04	$0.06	$0.12	$0.14	$0.19	$0.25	$0.32	$0.25	$0.26	$0.13	$0.03	$-0.05	$-0.05	$-0.06
Surprise %	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.70%	1.48%	1.53%	1.46%	1.26%	2.77%	1.35%	0.79%	0.55%	2.10%	2.65%

According to 1 Wall Street analysts, Diana Shipping's projected average Quarter EPS for Jun 23 is $0.12, with a low estimate of $0.12 and a high estimate of $0.12. This represents a -68.69% decrease compared to DSX previous annual EPS of $0.39 (Mar 23).

Diana Shipping Peer Comparison by Price Target

Ticker	Company	Last Closing Price	Avg Price Target	Upside/Downside	Avg Rating
GLBS	Globus Maritime	$1.11	$4.00	260.36%	Buy
GOGL	Golden Ocean Group	$8.85	$16.75	89.27%	Hold
DSX	Diana Shipping	$1.84	$3.00	63.04%	Hold
SBLK	Star Bulk Carriers	$14.94	$22.40	49.93%	Buy
GNK	Genco Shipping & Trading	$14.03	$19.50	38.99%	Buy
GSL	Global Ship Lease	$21.31	$29.00	36.09%	Buy
DAC	Danaos	$77.30	$105.00	35.83%	Buy

DSX Forecast FAQ

Is Diana Shipping a good buy?

No, according to 1 Wall Street analysts, Diana Shipping (DSX) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 0 'Buy' recommendations, accounting for 0% of DSX's total ratings.

What is DSX's price target?

Diana Shipping (DSX) average price target is $3 with a range of $3 to $3, implying a 62.16% from its last price of $1.85. The data is based on 1 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Diana Shipping stock go up soon?

According to Wall Street analysts' prediction for DSX stock, the company can go up by 62.16% (from the last price of $1.85 to the average price target of $3), up by 62.16% based on the highest stock price target, and up by 62.16% based on the lowest stock price target.

Can Diana Shipping stock reach $3?

DSX's average twelve months analyst stock price target of $3 does not support the claim that Diana Shipping can reach $3 in the near future.

What are Diana Shipping's analysts' financial forecasts?

Diana Shipping's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $252.31M (high $252.31M, low $252.31M), average EBITDA is $75.53M (high $75.53M, low $75.53M), average net income is $81.47M (high $81.47M, low $81.47M), average SG&A $35.96M (high $35.96M, low $35.96M), and average EPS is $0.678 (high $0.678, low $0.678). DSX's analysts financial forecasts for the fiscal year (Dec 2027) are as follows: average revenue is $280.99M (high $280.99M, low $280.99M), average EBITDA is $84.12M (high $84.12M, low $84.12M), average net income is $81.46M (high $81.46M, low $81.46M), average SG&A $40.05M (high $40.05M, low $40.05M), and average EPS is $0.678 (high $0.678, low $0.678).

Did the DSX's actual financial results beat the analysts' financial forecasts?

Based on Diana Shipping's last annual report (Dec 2022), the company's revenue was $289.97M, beating the average analysts forecast of $271.3M by 6.88%. Apple's EBITDA was $141.69M, beating the average prediction of $108.44M by 30.67%. The company's net income was $119.06M, missing the average estimation of $126.58M by -5.94%. Apple's SG&A was $29.37M, missing the average forecast of $33.23M by -11.62%. Lastly, the company's EPS was $1.42, beating the average prediction of $1.02 by 39.35%. In terms of the last quarterly report (Mar 2023), Diana Shipping's revenue was $72.64M, beating the average analysts' forecast of $67.94M by 6.93%. The company's EBITDA was $29.42M, beating the average prediction of $29.3M by 0.42%. Diana Shipping's net income was $38.39M, beating the average estimation of $24.4M by 57.31%. The company's SG&A was $7.68M, beating the average forecast of $6.61M by 16.14%. Lastly, the company's EPS was $0.39, beating the average prediction of $0.144 by 169.91%