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Diana Shipping's 'Outlook Unclear'; UBS Maintains Sell Rating
Friday, November 18, 2016 - 11:01am | 266Shipping companies have seen extreme volatility over the past few days on little to no news. But on Thursday, the group was able to dissect an earnings report from Diana Shipping Inc. (NYSE: DSX). Diana Shipping reported a third-quarter loss of $0.35 per share on revenue of $27.1 million. Wall...
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Shares Of Diana Shipping Plunges Following Announcement Of New $75 Million Term Loan Facility
Friday, January 8, 2016 - 1:42pm | 135Shares of Diana Shipping Inc. (NYSE: DSX) plunged lower by more than 10 percent on Friday and hit a new 52-week low of $3.42. Investors and traders were likely reacting to Diana Shipping's announcement that it signed 3 separate wholly-owned subsidiaries a term loan facility for up to $75,...
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Diana Shipping Misses Earnings Estimates, Shares Sink
Wednesday, May 22, 2013 - 3:05pm | 109On Wednesday, Diana Shipping (NYSE: DSX) reported earnings for the first quarter which ended March 31, 2013. The company reported a net loss of $3.2 million, or -$0.04 per share, for Q1 FY2013 compared to year-earlier net income of $20.0 million. Earnings missed analyst estimates of $-0.03 by $...
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UPDATE: Morgan Keegan Lowers PT from $14 to $8.50 and Downgrades Diana Shipping to Market Perform
Friday, August 5, 2011 - 10:02am | 109Morgan Keegan has published a report on Diana Shipping (NYSE: DSX) downgrading the company and lowering the price target. In the report, Morgan Keegan wrote, "While we believe that the company is pursuing a prudent long-term strategy, we have concerns about the slowing global economy, continued...
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Credit Suisse Updates 6/17
Friday, June 17, 2011 - 7:32am | 714Credit Suisse made a number of updates in today's research report. Diana Shipping (NYSE: DSX) was downgraded to Underperform from Outperform. At the same time, its price target was reduced to $8 from $15. In the report, Credit Suisse states, "We are downgrading DSX to Underperform (from...
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Credit Suisse Downgrades Diana Shipping To Underperform, Lowers PT To $8
Friday, June 17, 2011 - 6:55am | 28Credit Suisse has downgraded Diana Shipping (NYSE: DSX) from Outperform to Underperform and has lowered the price target from $15 to $8.
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Deutsche Bank Increases Estimates On Diana Shipping
Wednesday, May 18, 2011 - 7:29am | 110In a recent report, Deutsche Bank has increased EPS estimates on Diana Shipping (NYSE: DSX) after last week's announcement that of DSX's acquisition of the TBN Arethusa, a 2007, 73,593 dwt built Panamax. Deutsche Bank has increased the EPS estimates from $1.34 to $1.36 but has maintained a price...
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Sterne Agee Initiates Diana Shipping At Buy
Wednesday, January 19, 2011 - 9:57am | 151Sterne Agee has published a research report on Diana Shipping, Inc. (NYSE: DSX) and has initiated coverage on the company with a Buy rating. In the report, Sterne Agee writes "DSX's financial flexibility, ample cash balance and debt capacity put the company in pole position to capitalize on the...
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Sterne Agee Initiates Diana Shipping At Buy
Wednesday, January 19, 2011 - 9:57am | 151Sterne Agee has published a research report on Diana Shipping, Inc. (NYSE: DSX) and has initiated coverage on the company with a Buy rating. In the report, Sterne Agee writes "DSX's financial flexibility, ample cash balance and debt capacity put the company in pole position to capitalize on the...
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Oppenheimer's Shipping Update
Monday, November 22, 2010 - 9:22am | 105Oppenheimer published its Shipping Update today, and notes reported earnings from Dryships (NASDAQ: DRYS), Euroseas (NASDAQ: ESEA), and Diana Shipping (NYSE: DSX). DRYS reported adjusted 3Q EPS of $0.38, above consensus of $0.25 and Oppenheimer's estimate of $0.24, primarily due to lower vessel...
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Wells Fargo Revises Diana Shipping EPS Estimates
Tuesday, November 16, 2010 - 11:17am | 58Diana Shipping (NYSE: DSX) reported Q3 EPS of $0.42/share, “$0.01/share above our estimate and $0.02/share above Consensus,” Wells Fargo reports. “We are revising our 2010 and 2011 EPS estimates to $1.61 and $1.54, respectively (from $1.60 and $1.55) to reflect Q3 results, and updated day rate/...
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In J.P. Morgan's Dry Bulk Shipping Preview, Diana Shipping Is Rated Overweight
Monday, November 1, 2010 - 8:05am | 128J.P. Morgan is updating its 3Q10, full-year 2010, and full-year 2011 EPS estimates for the dry bulk shipping companies to reflect its new rate forecasts highlighted in the dry bulk industry 3Q10 preview note also published this morning. “We rate Diana Shipping, Inc. (NYSE: DSX) shares Overweight as...
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Dahlman Rose Maritime Report
Monday, August 30, 2010 - 12:16pm | 512Dahlman Rose has issued its Martime Report that benchmark 4Q2010 iron ore prices will be finalized this week, with average spot prices just under $137/ton, which is an $18/ton discount to Chinese spot levels, leaving the dry bulk market well positioned for the coming months, Dahlman reports. Here...
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Dahlman Rose's Maritime Report For Marine Transportation
Monday, August 16, 2010 - 9:27am | 210Tanker, Dry Bulk, and Container markets have lifted off of weak levels and have posted seasonal upturns as summer comes to a close, according to Dahlman Rose, which forecasts a solid run into the end of 2010. Current Tanker/Dry Bulk/Container risks consist of the fact that growth depends on...