DSX stock: buy or sell?

DSX stock price: $3.42 -0.87% At close on August 22nd, 2019

Updated on:
August 22nd, 2019

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After climbing for 4 days, Thursday Diana Shipping slightly fell an ugly -0.87%, closing at $3.42.

Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including iron ore, coal, and grains, as well as steel products, cement, and fertilizers through its ownership of dry bulk vessels worldwide.

Should I buy DSX stock?

You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Following a trading plan helps to make decisions easier, quicker and with less hesitations. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Diana Shipping stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This is not a selling recommendation at all, just it's not the best moment to buy if you follow any of these trading strategies.

Is Diana Shipping stock a buy?

Banks and financial institutions post stock ratings everyday. At Stocks2.com, we found 1 rating published for DSX stock in the last 30 days.

Is DSX a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-2-27Pareto SecuritiesBuyHold

DSX stock analysis

Daily outlook

After climbing for 4 sessions, Thursday Diana Shipping slightly fell an ugly -0.87%, closing at $3.42.

After climbing for 4 sessions, Thursday Diana Shipping slightly fell an ugly -0.87%, closing at $3.42. Since price and SMA200d lines crossed up on Monday, DSX climbed $0.25 (7.89%). On Aug 12th, SMA100d and SMA200d crossed up triggering a rise of 11.76%.

DSX stock chart (daily)

Weekly outlook

Diana Shipping shares boosted 7.89% this week, ending at $3.42. Early August DSX collapsed a hair-raising -6.54% in just one week.

Observing the weekly chart, DSX marked an uptrend of rising tops and rising bottoms. Since its last top early July at $3.75, price slid and bounced up back from $2.98. Breaking down under $2.98 would cancel the current uptrend and it might test lower supports. Note that $3.75 might act as a resistance line. This week DSX price bounced up over the SMA of 40 weeks that acted as support stopping new slides. Since late July when SMA20w and SMA40w crossed up, DSX price slipped $-0.24 per share (-6.56%).

DSX stock chart (weekly)

DSX stock price history

DSX IPO was on March 23rd, 2005 at $10.88 per share1. Since then, DSX stock declined a -68.60%, with a yearly average of -4.90%.

1: Adjusted price after possible price splits or reverse-splits.

DSX stock historical price chart

DSX stock reached 52-week highs at $4.44, and all-time highs 2007-10-29 with a price of 36.22.

DSX stock price target

Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' DSX stock price predictions in the hope that they will be met as they may be wrong and not met. For the last 30 days we have not detected any price forecast for Diana Shipping stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

Since last May, when Diana Shipping posted its last earnings report, it inched a good 6.21%. Unfortunately, reported EPS is not yet available in our database.
DSX earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a-0.34n/a
2017-Q2-n/a-0.26n/a
2017-Q32017-11-21-0.2-0.17n/a
2017-Q42018-02-22-0.16-0.15n/a
2018-Q12018-05-10-0.12-0.04n/a
2018-Q22018-07-26-0.02n/an/a
2018-Q32018-11-260.050.13160.0%
2018-Q42019-02-260.070.01-85.7%
2019-Q12019-05-09n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw an amazing growth of 39.71% to $226.19 million dollars. Likewise, its earnings margin (compared to revenues) rocketed to 7.33%, that is $16.58 million.

To have an updated picture of the financial situation of Diana Shipping, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual Diana Shipping TTM sales up to were $177.82 and earnings were $19.63 million USD. If we compare this TTM figures with the last reported annuality, we can esteem Diana Shipping business evolution since December 2018: Annual revenues up to , compared to lastest yearly report, collapsed a hair-raising -21.38%. Regarding profit margin, Diana Shipping grew 3.71% to 7.33%

DSX annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$164 M-$-21.21 M-12.9%-
2014$176 M7.05%$-10.27 M-5.8%-51.59%
2015$158 M-10.17%$-64.71 M-41.0%530.24%
2016$114 M-27.55%$-164.24 M-143.7%153.79%
2017$162 M41.69%$-511.71 M-316.1%211.57%
2018$226 M39.71%$17 M7.3%-103.24%
TTM $178 M-21.38%$20 M11.0%18.40%

Quarterly financial results

Diana Shipping reported M in revenues for 2019-Q1, a -100.00% less compared to previous quarter. Reported quarter income marked M with a profit margin of . Profit margin stayed stable a 0.00% compared to previous quarter when profit margin was 4.63%. When comparing turnover to same quarter last year, Diana Shipping sales marked a chilling drop down and plummed a -100.00%.
DSX quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$31 M-$-26 M-84.6%-
2017-Q2$38 M20.65%$-24 M-63.1%-10.01%
2017-Q3$44 M16.34%$-24 M-55.8%2.83%
2017-Q4$49 M11.42%$-437 M-892.8%1,683.91%
2018-Q1$48 M-1.17%$-3 M-6.3%-99.30%
2018-Q2$53 M10.50%$2 M3.7%-164.09%
2018-Q3$62 M15.08%$15 M24.0%654.96%
2018-Q4$63 M2.23%$3 M4.6%-80.31%

Diana Shipping ownership

When you are planning to invest in a stock, it's worth to review its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Diana Shipping, 20.18% of all outstanding shares are owned by its staff.

In case of Diana Shipping stock, 43.25% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for DSX stock account 0.00%, no big difference from last month.

For a better understanding, the next table shows ownership data compared to other related companies:

DSXDRYSEGLEESEAGNK
Market cap$361.7 M$451.0 M$0.0 M$8.0 M$367.9 M
Total shares105.8 M86.9 M0.0 M12.5 M41.7 M
Float shares61.7 M14.5 M0.0 M3.4 M15.4 M
  - Institutional holdings (%)43.2%0.8%0.0%18.9%87.3%
  - Insider holdings (%)20.2%83.4%0.0%47.5%0.6%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

DSX summary

Thursday, August 22nd, 2019
Open$3.48
Close$3.42
Day range$3.41 - $3.48
Previous close$3.45
Session gain-0.87%
Average true range$0.12
50d mov avg$3.38
100d mov avg$3.25
200d mov avg$3.19
Daily patternlt02a
Weekly pattern lb03a

Diana Shipping performance

To better understand Diana Shipping performance you must compare its gains with other related stocks in same sector or industry. We compared Diana Shipping against DryShips, Eagle Bulk Shipping, Euroseas, Genco Shipping & Trading, Safe Bulkers and Star Bulk Carriers in the following table:
Stock3m6m12m
DSXDiana Shipping6.21%15.54%-20.47%
DRYSDryShips38.40%-1.14%7.23%
EGLEEagle Bulk Shippi...-5.36%-9.29%-11.05%
ESEAEuroseas-5.88%4.92%-59.24%
GNKGenco Shipping & ...18.84%4.99%-36.88%
SBSafe Bulkers14.91%30.28%-40.89%
SBLKStar Bulk Carrier...40.97%33.76%-22.17%

Diana Shipping competitors

We chose a few stocks to conform a list of Diana Shipping competitors to examine if you are interested in investing in DSX: