Media stories about Diana Shipping inc. (NYSE:DSX) have trended somewhat positive on Wednesday, Accern Sentiment Analysis reports. The research group identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Diana Shipping inc. earned a media sentiment score of 0.04 on Accern’s scale. Accern also gave press coverage about the shipping company an impact score of 47.7264824422137 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment’s scoring:
- Breakfast Technical Briefing on Shipping Stocks — DryShips, Globus Maritime, Diana Shipping, and Overseas Shipholding (bizjournals.com)
- Diana Shipping Inc (DSX) MESA Average Holds Above FAMA - Evergreen Caller (evergreencaller.com)
- Breakfast Technical Briefing on Shipping Stocks — DryShips, Globus … - Markets Insider (markets.businessinsider.com)
- Diana Shipping Inc (DSX) Share Activity Climbing in Session - ExpressNewsline (expressnewsline.com)
- Diana Shipping Inc (DSX) Share Activity Climbing in Session - Stock Press Daily (stockpressdaily.com)
Diana Shipping inc. (DSX) opened at 3.90 on Wednesday. The stock’s market capitalization is $377.09 million. The company has a 50-day moving average of $3.91 and a 200 day moving average of $4.11. Diana Shipping inc. has a 12 month low of $2.21 and a 12 month high of $6.20.
Diana Shipping inc. (NYSE:DSX) last announced its quarterly earnings data on Wednesday, July 26th. The shipping company reported ($0.26) EPS for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.25) by $0.01. The firm had revenue of $37.75 million for the quarter, compared to the consensus estimate of $36.21 million. Diana Shipping inc. had a negative net margin of 122.29% and a negative return on equity of 14.80%. The firm’s revenue for the quarter was up 33.3% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.41) earnings per share. On average, equities research analysts anticipate that Diana Shipping inc. will post ($1.00) earnings per share for the current fiscal year.
Several research analysts have recently weighed in on DSX shares. Zacks Investment Research cut shares of Diana Shipping inc. from a “buy” rating to a “hold” rating in a report on Wednesday, May 3rd. BidaskClub cut shares of Diana Shipping inc. from a “buy” rating to a “hold” rating in a report on Monday, July 24th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $5.25 price target on shares of Diana Shipping inc. in a report on Wednesday, July 19th. Jefferies Group LLC upped their price target on shares of Diana Shipping inc. from $3.50 to $5.00 and gave the stock a “hold” rating in a report on Monday, April 24th. Finally, J P Morgan Chase & Co raised shares of Diana Shipping inc. from a “neutral” rating to an “overweight” rating and set a $8.00 price target on the stock in a report on Friday, April 7th. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have assigned a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus target price of $3.94.
ILLEGAL ACTIVITY WARNING: “Somewhat Favorable Media Coverage Somewhat Unlikely to Impact Diana Shipping inc. (DSX) Stock Price” was published by StockNewsTimes and is the sole property of of StockNewsTimes. If you are reading this piece on another website, it was illegally stolen and reposted in violation of United States & international copyright and trademark law. The correct version of this piece can be viewed at https://stocknewstimes.com/2017/08/02/somewhat-favorable-media-coverage-somewhat-unlikely-to-impact-diana-shipping-inc-dsx-stock-price.html.
About Diana Shipping inc.
Diana Shipping Inc is a holding company. The Company is a provider of shipping transportation services. The Company specializes in the ownership of dry bulk vessels. As of February 16, 2017, the Company’s operating fleet consisted of 48 dry bulk carriers, of which 23 were Panamax, four were Kamsarmax, three were Post-Panamax, 14 were Capesize and four were Newcastlemax vessels, having a combined carrying capacity of approximately 5.7 million deadweight tonnage (dwt).
Receive News & Ratings for Diana Shipping inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diana Shipping inc. and related companies with MarketBeat.com's FREE daily email newsletter.
