Diana Shipping (DSX) Stock Forecast, Price Target & Predictions
DSX Stock Forecast
Diana Shipping stock forecast is as follows: an average price target of $3.00 (represents a 38.25% upside from DSX’s last price of $2.17) 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 38.25% upside from DSX's last price of $2.17.
DSX Analyst Ratings
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% | 38.25% |
| Jun 09, 2023 | Omar Nokta | Jefferies | $4.00 | $4.12 | -2.91% | 84.33% |
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 38.25% increase from DSX last price ($2.17).
Diana Shipping Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $3.00 |
| Last Closing Price | $2.17 | $2.17 | $2.17 |
| Upside/Downside | -100.00% | -100.00% | 38.25% |
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 $2.17. 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 | $71.46M | $70.23M | $69.02M | $67.82M | $63.59M | $63.59M | $62.90M | $62.21M | $79.00M | $81.00M | $58.80M | $53.70M | $54.70M | $55.50M | $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 | $71.46M | $70.23M | $69.02M | $67.82M | $63.59M | $63.59M | $62.90M | $62.21M | $79.00M | $81.00M | $58.80M | $53.70M | $54.70M | $55.50M | $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 | $71.46M | $70.23M | $69.02M | $67.82M | $63.59M | $63.59M | $62.90M | $62.21M | $79.00M | $81.00M | $58.80M | $53.70M | $54.70M | $55.50M | $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 | $24.27M | $23.85M | $23.44M | $23.03M | $21.60M | $21.60M | $21.36M | $21.13M | $26.83M | $27.51M | $19.97M | $18.24M | $18.58M | $18.85M | $18.96M | $32.23M | $19.91M | $20.80M | $22.73M | $29.30M | $42.83M | $18.76M | $20.21M | $26.63M | $19.14M | $15.64M | $12.88M | $4.51M | $11.40M | $11.57M |
| High Forecast | $24.27M | $23.85M | $23.44M | $23.03M | $21.60M | $21.60M | $21.36M | $21.13M | $26.83M | $27.51M | $19.97M | $18.24M | $18.58M | $18.85M | $18.98M | $38.67M | $19.91M | $20.87M | $22.73M | $35.16M | $51.40M | $18.76M | $20.21M | $31.96M | $19.14M | $15.64M | $12.88M | $5.41M | $11.40M | $11.57M |
| Low Forecast | $24.27M | $23.85M | $23.44M | $23.03M | $21.60M | $21.60M | $21.36M | $21.13M | $26.83M | $27.51M | $19.97M | $18.24M | $18.58M | $18.85M | $18.94M | $25.78M | $19.91M | $20.73M | $22.73M | $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 $22.73M, with a high of $22.73M and a low of $22.73M. This is -22.74% 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 | $20.03M | $19.94M | $19.47M | $18.65M | $19.97M | $19.75M | $19.43M | $18.94M | $26.12M | $28.31M | $6.91M | $2.30M | $2.30M | $-1.15M | $2.90M | $26.84M | $4.94M | $6.36M | $14.07M | $24.40M | $38.01M | $29.30M | $37.08M | $22.19M | $29.97M | $14.56M | $2.92M | $-1.75M | $-5.48M | $-6.53M |
| High Forecast | $20.03M | $19.94M | $19.47M | $18.65M | $19.97M | $19.75M | $19.43M | $18.94M | $26.12M | $28.31M | $6.91M | $2.30M | $2.30M | $-1.15M | $3.00M | $32.21M | $4.94M | $6.36M | $14.07M | $29.29M | $45.62M | $29.30M | $37.08M | $26.62M | $29.97M | $14.56M | $2.92M | $-1.40M | $-5.48M | $-6.53M |
| Low Forecast | $20.03M | $19.94M | $19.47M | $18.65M | $19.97M | $19.75M | $19.43M | $18.94M | $26.12M | $28.31M | $6.91M | $2.30M | $2.30M | $-1.15M | $2.79M | $21.48M | $4.94M | $6.36M | $14.07M | $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 $14.07M, with a range of $14.07M to $14.07M. DSX's average Quarter net income forecast represents a -63.35% 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 | $10.19M | $10.01M | $9.84M | $9.67M | $9.06M | $9.06M | $8.97M | $8.87M | $11.26M | $11.55M | $8.38M | $7.65M | $7.80M | $7.91M | $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 | $10.19M | $10.01M | $9.84M | $9.67M | $9.06M | $9.06M | $8.97M | $8.87M | $11.26M | $11.55M | $8.38M | $7.65M | $7.80M | $7.91M | $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 | $10.19M | $10.01M | $9.84M | $9.67M | $9.06M | $9.06M | $8.97M | $8.87M | $11.26M | $11.55M | $8.38M | $7.65M | $7.80M | $7.91M | $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 | $1.37 | $4.00 | 191.97% | Buy |
| GOGL | Golden Ocean Group | $11.83 | $16.75 | 41.59% | Hold |
| DSX | Diana Shipping | $2.17 | $3.00 | 38.25% | Hold |
| GSL | Global Ship Lease | $23.33 | $29.00 | 24.30% | Buy |
| DAC | Danaos | $85.37 | $105.00 | 22.99% | Buy |
| SBLK | Star Bulk Carriers | $18.97 | $22.58 | 19.03% | Buy |
| GNK | Genco Shipping & Trading | $17.14 | $19.67 | 14.76% | Buy |
| TOPS | Top Ships | $7.80 | $2.50 | -67.95% | Buy |