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 27.66% upside from DSX’s last price of $2.35) 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 27.66% upside from DSX's last price of $2.35.
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% | 27.66% |
| Jun 09, 2023 | Omar Nokta | Jefferies | $4.00 | $4.12 | -2.91% | 70.21% |
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 27.66% increase from DSX last price ($2.35).
Diana Shipping Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | 1 |
| Avg Price Target | - | - | $3.00 |
| Last Closing Price | $2.35 | $2.35 | $2.35 |
| Upside/Downside | -100.00% | -100.00% | 27.66% |
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 $2.35. 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 | $66.00M | $57.00M | $67.26M | $64.12M | $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 | $66.00M | $57.00M | $67.26M | $64.12M | $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 |
| Low Forecast | $71.46M | $70.23M | $69.02M | $67.82M | $63.59M | $63.59M | $62.90M | $62.21M | $79.00M | $81.00M | $66.00M | $57.00M | $67.26M | $64.12M | $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 |
| # Analysts | - | - | - | - | - | - | - | - | - | - | - | - | - | 1 | - | 1 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 11 | 11 | 9 |
| 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 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 11 | 11 | 9 |
| 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 | $20.15M | $19.80M | $19.46M | $19.12M | $17.93M | $17.93M | $17.73M | $17.54M | $22.27M | $22.83M | $18.61M | $16.07M | $18.96M | $18.08M | $15.74M | $32.23M | $16.53M | $17.27M | $18.87M | $29.30M | $19.30M | $22.46M | $20.21M | $26.63M | $38.94M | $20.41M | $10.15M | $4.51M | $-2.33M | $-7.24M |
| High Forecast | $20.15M | $19.80M | $19.46M | $19.12M | $17.93M | $17.93M | $17.73M | $17.54M | $22.27M | $22.83M | $18.61M | $16.07M | $18.96M | $18.08M | $15.74M | $38.67M | $16.53M | $17.27M | $18.87M | $35.16M | $19.30M | $26.95M | $20.21M | $31.96M | $46.73M | $24.50M | $12.18M | $5.41M | $-1.87M | $-5.79M |
| Low Forecast | $20.15M | $19.80M | $19.46M | $19.12M | $17.93M | $17.93M | $17.73M | $17.54M | $22.27M | $22.83M | $18.61M | $16.07M | $18.96M | $18.08M | $15.74M | $25.78M | $16.53M | $17.27M | $18.87M | $23.44M | $19.30M | $17.96M | $20.21M | $21.31M | $31.15M | $16.33M | $8.12M | $3.61M | $-2.80M | $-8.69M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.00% | 1.82% | 1.58% | 1.91% | 1.17% | 0.80% | 0.96% | 0.76% | 0.79% | 0.73% | 0.25% |
1 analysts predict DSX's average Quarter EBITDA for Jun 23 to be $18.87M, with a high of $18.87M and a low of $18.87M. This is -35.86% 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 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 11 | 11 | 9 |
| 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 | $14.35M | $5.58M | $14.50M | $10.24M | $2.90M | $26.84M | $4.94M | $6.36M | $14.07M | $24.40M | $21.81M | $16.21M | $35.84M | $22.19M | $34.56M | $14.73M | $3.80M | $-1.75M | $-6.19M | $-11.51M |
| High Forecast | $20.03M | $19.94M | $19.47M | $18.65M | $19.97M | $19.75M | $19.43M | $18.94M | $26.12M | $28.31M | $14.35M | $5.58M | $14.50M | $10.24M | $2.90M | $32.21M | $4.94M | $6.36M | $14.07M | $29.29M | $21.81M | $19.45M | $35.84M | $26.62M | $41.47M | $17.68M | $4.56M | $-1.40M | $-4.95M | $-9.21M |
| Low Forecast | $20.03M | $19.94M | $19.47M | $18.65M | $19.97M | $19.75M | $19.43M | $18.94M | $26.12M | $28.31M | $14.35M | $5.58M | $14.50M | $10.24M | $2.90M | $21.48M | $4.94M | $6.36M | $14.07M | $19.52M | $21.81M | $12.97M | $35.84M | $17.75M | $27.65M | $11.79M | $3.04M | $-2.10M | $-7.43M | $-13.81M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.57% | 1.18% | 1.96% | 0.99% | 1.17% | 1.64% | 1.00% | 0.74% | 0.79% | 1.43% | 1.13% |
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 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 11 | 11 | 9 |
| 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 | $9.41M | $8.12M | $9.59M | $9.14M | $7.96M | $7.28M | $8.36M | $8.73M | $9.54M | $6.61M | $9.76M | $8.24M | $10.22M | $6.01M | $6.83M | $7.49M | $10.28M | $9.65M | $6.28M | $8.71M |
| High Forecast | $10.19M | $10.01M | $9.84M | $9.67M | $9.06M | $9.06M | $8.97M | $8.87M | $11.26M | $11.55M | $9.41M | $8.12M | $9.59M | $9.14M | $7.96M | $8.73M | $8.36M | $8.73M | $9.54M | $7.94M | $9.76M | $9.89M | $10.22M | $7.22M | $8.20M | $8.99M | $12.34M | $11.58M | $7.54M | $10.46M |
| Low Forecast | $10.19M | $10.01M | $9.84M | $9.67M | $9.06M | $9.06M | $8.97M | $8.87M | $11.26M | $11.55M | $9.41M | $8.12M | $9.59M | $9.14M | $7.96M | $5.82M | $8.36M | $8.73M | $9.54M | $5.29M | $9.76M | $6.59M | $10.22M | $4.81M | $5.46M | $5.99M | $8.23M | $7.72M | $5.02M | $6.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.16% | 0.76% | 0.88% | 0.79% | 1.17% | 1.19% | 1.00% | 0.74% | 0.74% | 1.20% | 1.14% |
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 | 2 | 1 | 1 | 1 | - | - | - | - | 1 | 1 | 1 | 11 | 11 | 9 |
| 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 | $0.12 | $0.05 | $0.13 | $0.09 | $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 | $0.12 | $0.05 | $0.13 | $0.09 | $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 | $0.12 | $0.05 | $0.13 | $0.09 | $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 |
| 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 |
|---|---|---|---|---|---|
| GOGL | Golden Ocean Group | $11.65 | $16.75 | 43.78% | Hold |
| DAC | Danaos | $78.84 | $105.00 | 33.18% | Buy |
| SBLK | Star Bulk Carriers | $20.80 | $27.33 | 31.39% | Buy |
| DSX | Diana Shipping | $2.35 | $3.00 | 27.66% | Hold |
| GSL | Global Ship Lease | $24.07 | $29.00 | 20.48% | Buy |
| GNK | Genco Shipping & Trading | $17.24 | $20.67 | 19.90% | Buy |
| TOPS | Top Ships | $8.04 | $2.50 | -68.91% | 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 27.66% from its last price of $2.35. 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 27.66% (from the last price of $2.35 to the average price target of $3), up by 27.66% based on the highest stock price target, and up by 27.66% based on the lowest stock price target.
Can Diana Shipping stock reach $4?
DSX's average twelve months analyst stock price target of $3 does not support the claim that Diana Shipping can reach $4 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 $71.13M (high $71.13M, low $71.13M), average net income is $78.1M (high $78.1M, low $78.1M), 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 $278.53M (high $278.53M, low $278.53M), average EBITDA is $78.52M (high $78.52M, low $78.52M), average net income is $78.08M (high $78.08M, low $78.08M), average SG&A $39.7M (high $39.7M, low $39.7M), 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 $88.59M by 59.93%. The company's net income was $119.06M, beating the average estimation of $96.04M by 23.97%. Apple's SG&A was $29.37M, missing the average forecast of $34.23M by -14.21%. 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%