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Diana Shipping Inc. (DSX) stock

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NYSE: DSX NYSE Marine Transportation Next results ~November 19, 2026

C+ Fundamentals grade

Diana Shipping Inc. is a US-listed company in the marine transportation industry. Its financial year ends in December.

Stock price today

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Third-party market data · may be delayed

Fair value per share

Under review: after-tax interest is 86% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

Price vs value

Under review: after-tax interest is 86% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy. We'll show the comparison once resolved.

Diana Shipping Inc. valuation: adjust assumptions and compare models →

Who’s trading

What company insiders, investment funds and members of Congress have been doing with the stock, from their own filings.

  • Funds43 adding, 27 cuttingOf 17 active managers that changed their stake, 11 added; quarter to June 30, 2026Fund buyers and sellers

Value diary

Our note on each quarter Diana Shipping files

Where Diana Shipping stands after its latest Filing

Revenue for the twelve months was $214m, down 6.4% on a year earlier, a smaller fall than the 12.9% decline a quarter earlier. Free-cash-flow margin fell to 21.5% from 33.8% a year earlier. Operating margin narrowed to 19.8% from 29.7%. The diluted share count is down 6.9% on a year earlier, which lifts each remaining share. Against its peers on growth, profitability, cash generation and balance sheet, it grades C+. It passes 1 of our 6 financial-health checks.

Our model value for Diana Shipping is under review, so past values are not shown until it is resolved.

Written from the company's filings and our models when each quarter's report arrives. Figures in older notes are as published at the time. Not investment advice.

The Fundamentalytics view

Next results ~November 19, 2026 (estimated)

Diana Shipping Inc.'s trailing-twelve-month revenue fell 6.4% year on year, with a free-cash-flow margin of 21.5%. Where it stands out: change in share count of -6.9% ranks 4 of 39 marine transportation companies we cover.

Our discounted-cash-flow model values the business at ~$6.4 per share in the base case (~$3.7–$9.8 across growth scenarios) — model values under stated assumptions, not a price target.

Current signal Free cash flow diverging from earnings: TTM free cash flow fell 42.6% while net income grew 39.9%: a 82pp divergence.

Assembled from SEC-filed figures — the full workings are on this page and in our methodology. Observations, not recommendations.

Highlights

How we pick these

Strengths

  • Strong cash generation. 21.5% of revenue turned into free cash flow, against a median of 13.6% for marine transportation companies we cover.
  • Shrinking share count. Diluted shares fell 6.9% in a year, so each share owns more of the business.

Things to watch

  • Revenue shrinking. Revenue fell 6.4% over the last 12 months.
  • Margins narrowing. Operating margin is down 6.0 points on a year ago.
  • High debt. Long-term debt exceeds cash by $0.4bn, more than 1.5 times annual revenue.
  • Volatile shares. Over the past year the shares showed annualised volatility of 47% and a beta of 1.5 against the S&P 500.

Latest results

Earnings per share
-$0.03 against an average estimate of $0.00: beat by 0.0%
Next report
November 19, 2026; average EPS estimate $0.10

Diana Shipping's figures from its SEC filings and results release; estimates are the analysts' average. Not a recommendation.

Price chart

  • 1 day-3.2%
  • 1 week-4.7%
  • 1 month-15.4%
  • This year+47.6%
  • 1 year+40.0%
  • 5 years-13.6%
  • S&P 500 this year+11.2%

Closing prices to 2026-11-02. Price change only, dividends excluded.

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Third-party market data · may be delayed

At a glance

Trailing twelve months, from SEC filings

Profitability

Revenue (TTM)
$214M
Operating margin
19.8%
Net margin
8.3%
EPS (TTM, diluted)
$0.16

Growth

Revenue growth
−6.4%
Change in growth rate
+6.5 pts
Share count change
−6.9%

Cash

Free cash flow (TTM)
$45.8M
FCF margin
21.5%

News & updates

Updated October 31, 2026

Company announcements, filed results and changes that matter to shareholders.

No recent updates are available for DSX from the sources we follow. See filings →

Refreshed hourly when new source data is available. Summaries are checked against company releases and SEC filings. Company announcement headlines are labelled when a checked summary is unavailable.

Valuation

Diana Shipping Inc. valuation models and calculator

Fundamentalytics rating

model v1.6 · 2026-11-03

Not rated: held for review: after-tax interest is 86% of the cash flow left for shareholders; our flat discount rate doesn't yet reflect debt this heavy.

The inputs used by the models below have passed source checks. Individual model values are available below and in the interactive valuator. Their differences are shown explicitly; the platform combined value and recommendation remain withheld.

Valuation models

We value Diana Shipping Inc. as an operating company, with every model that fits that kind of business. Cost of equity 8.8%: the 10-year Treasury yield (4.9%) plus a beta of 0.85 times a 4.5% equity risk premium.

Value per share by model
Model Value per share In the combined value?
Cash-flow model (DCF) Free cash flow to the firm (after stock pay, with after-tax interest added back), grown then faded to 2.5%, discounted at 8.5% as the firm rate, less debt and other claims. — Does not apply: This model is withheld pending its input or assumption review.
Price-to-earnings vs peers Earnings per share times peers' typical (harmonic-mean) price-to-earnings. ~$0.1 ~$0.5–$1.6 Left out: out of range vs price (0.05x)
Residual income Book value plus the present value of returns above the cost of equity, fading over ten years. ~$5.0 ~$3.8–$6.6 Included
Justified price-to-book Book value times (return on equity - growth) / (cost of equity - growth): steady-state returns. ~$5.4 ~$4.6–$6.5 Included
Combined value Individual source-checked model scenarios are available. The platform combined value and recommendation remain withheld. — Combined value withheld. Review the individual models and their assumptions.

Different models fail in different ways, so where several apply we average them rather than trust one. Peer-based models compare Diana Shipping Inc. with Marine Transportation in our coverage, using third-party market data. Model values are estimates under stated assumptions, updated as new filings arrive; not price targets or investment advice. How each model works.

Valuation multiples over time Market data may be delayed

At fiscal year end 20152016201720182019202020212022202320242025
Share price$2.53$1.76$2.37$1.85$1.81$1.12$2.63$3.11$2.65$1.90$1.64
Market value$201m$141m$226m$194m$172m$97m$224m$259m$269m$226m$181m
+ Net debt (− = net cash)$434m$505m$565m$408m$371m$360m$322m$454m$415m$398m$479m
Enterprise value$635m$646m$791m$602m$543m$457m$545m$713m$685m$624m$660m
Multiples
Price / sales 1.3x1.2x1.4x0.9x0.8x0.6x1.0x0.9x1.0x1.0x0.8x
Price / earnings ———11.7x——3.9x2.2x5.4x17.7x10.2x
Price / free cash flow ———2.5x3.7x8.6x3.1x—6.6x2.8x4.0x
EV / EBITDA 21.8x——6.7x8.2x—5.2x3.8x5.1x6.0x7.4x

Market value uses the period's diluted share count; figures for each fiscal year use that year's results and the price at year end. "Now" uses today's price and the last twelve months.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

Forecasts and guidance

Next results: November 19, 2026, before the open. Analysts expect revenue of $63m and EPS of $0.10 (range $0.10 to $0.10) for the quarter.

Analysts' consensus

Fiscal yearEPSGrowthRevenueGrowth
Current $0.40 +5574% $242m +20%
Next $0.60 +50% $263m +9%

Next year's EPS estimate has moved 0.0% in 90 days, across 1 analysts.

How the EPS forecast has moved

The consensus EPS forecast for the current fiscal year is −33.3% on 90 days ago. In the last 30 days, 0 analysts raised Diana Shipping Inc.'s forecast and 1 cut it.

Consensus EPS forecast Diana Shipping Inc., last 90 days
$0.40 $0.45 $0.50 $0.55 $0.60 90 days ago 60 days ago 30 days ago 7 days ago Now Current fiscal year, 90 days ago: $0.60 Current fiscal year, 60 days ago: $0.60 Current fiscal year, 30 days ago: $0.60 Current fiscal year, 7 days ago: $0.42 Current fiscal year, Now: $0.40 $0.40 Next fiscal year, 90 days ago: $0.60 Next fiscal year, 60 days ago: $0.60 Next fiscal year, 30 days ago: $0.60 Next fiscal year, 7 days ago: $0.58 Next fiscal year, Now: $0.60 $0.60

Average of analysts' published estimates (third-party data).

View chart data
Period Current fiscal yearNext fiscal year
90 days ago $0.60$0.60
60 days ago $0.60$0.60
30 days ago $0.60$0.60
7 days ago $0.42$0.58
Now $0.40$0.60

Earnings against estimates

Quarter toEstimateActualSurprise
Dec 2025 $0.00 −$0.03 0.0%

Adjusted EPS as companies report it, against the average analyst estimate.

Analyst recommendations

1 analysts, Oct 2026
Buy1100%
Hold00%
Sell00%

Monthly trend

  1. Oct 202611
  2. Sep 202611
  3. Aug 202611
  4. Jul 202611

Counts of recommendations published by analysts covering Diana Shipping Inc., by month. Source: Aggregated broker recommendations (third-party data). Aggregated counts only: we do not reproduce any firm's recommendation or price target, and these are not Fundamentalytics ratings.

Positioning

Short interest
6.6%
of tradable shares
Days to cover
3.7
at average volume
Short interest, 1 month
+8%
to October 15, 2026
Held by institutions
16%
of shares
Held by insiders
41.7%
of shares

Consensus figures average analysts' published estimates (third-party data); guidance is the company's own. Neither is our forecast. Short interest is reported twice a month and lags. Market data may be delayed.

This section is general information, not investment advice or a personal recommendation, and it does not take account of your objectives or circumstances. Forecasts and guidance are estimates, not promises: companies miss their own guidance and analysts' figures are often revised. Prices can fall as well as rise, and you can lose money. See our disclaimer.

Share-price performance

Market data may be delayed

Return and risk by year

Calendar year 202120222023202420252026 to date
Return
DSX+135%+18%−15%−28%−14%+48%
Industry peers (median)+20%+10%+22%−10%+22%+28%
S&P 500+29%−18%+26%+25%+18%+11%
Months that ended higher
DSX58%50%50%58%58%55%
S&P 50075%42%67%75%75%46%
Largest fall from a high during the year
DSX−35%−42%−32%−43%−32%−30%
S&P 500−5%−25%−10%−8%−19%−9%

Worst fall since November 2, 2015: 80% from November 4, 2015 to March 23, 2020. Getting back needed a 408% gain, reached on March 8, 2022, 715 days after the low.

Price behaviour

52-week range
$1.62 – $3.11
From 52-week high
−22.2%
vs 50-day average
−12.8%
vs 200-day average
−2.5%
Volatility (1 year)
47%
Beta vs S&P 500
1.46

Volatility is the annualised standard deviation of daily returns. Beta 1.5 means the shares typically moved 1.5% for each 1% move in the S&P 500 over the past year. Prices to November 2, 2026.

Diana Shipping Inc. in five measures

Fundamentals grade C+
Growth Profitability Cash Balance sheet

Growth, profitability, cash generation and balance sheet are percentiles against the companies we cover in the same industry, from SEC filings (100 = best). Value compares the share price with our modelled value range (50 = at our base value; higher = cheaper). A description of reported data and our model — not a quality score or advice.

Fundamentals

Revenue (TTM) Diana Shipping Inc.
$100M $150M $200M $250M $300M FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue (TTM), FY14 Q4: $175.6M Revenue (TTM), FY15 Q4: $157.7M Revenue (TTM), FY16 Q4: $114.3M Revenue (TTM), FY17 Q4: $161.9M Revenue (TTM), FY18 Q4: $226.2M Revenue (TTM), FY19 Q4: $220.7M Revenue (TTM), FY20 Q4: $169.7M Revenue (TTM), FY21 Q4: $214.2M Revenue (TTM), FY22 Q4: $290M Revenue (TTM), FY23 Q4: $262.1M Revenue (TTM), FY24 Q4: $228.2M Revenue (TTM), FY25 Q4: $213.5M $213.5M

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue (TTM)
FY14 Q4 $175.6M
FY15 Q4 $157.7M
FY16 Q4 $114.3M
FY17 Q4 $161.9M
FY18 Q4 $226.2M
FY19 Q4 $220.7M
FY20 Q4 $169.7M
FY21 Q4 $214.2M
FY22 Q4 $290M
FY23 Q4 $262.1M
FY24 Q4 $228.2M
FY25 Q4 $213.5M
Revenue growth, TTM YoY Diana Shipping Inc.
-40% -20% 0% 20% 40% 60% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Revenue growth, TTM YoY, FY14 Q4: 7.1% Revenue growth, TTM YoY, FY15 Q4: -10.2% Revenue growth, TTM YoY, FY16 Q4: -27.6% Revenue growth, TTM YoY, FY17 Q4: 41.7% Revenue growth, TTM YoY, FY18 Q4: 39.7% Revenue growth, TTM YoY, FY19 Q4: -2.4% Revenue growth, TTM YoY, FY20 Q4: -23.1% Revenue growth, TTM YoY, FY21 Q4: 26.2% Revenue growth, TTM YoY, FY22 Q4: 35.4% Revenue growth, TTM YoY, FY23 Q4: -9.6% Revenue growth, TTM YoY, FY24 Q4: -12.9% Revenue growth, TTM YoY, FY25 Q4: -6.4% -6.4%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Revenue growth, TTM YoY
FY14 Q4 7.1%
FY15 Q4 -10.2%
FY16 Q4 -27.6%
FY17 Q4 41.7%
FY18 Q4 39.7%
FY19 Q4 -2.4%
FY20 Q4 -23.1%
FY21 Q4 26.2%
FY22 Q4 35.4%
FY23 Q4 -9.6%
FY24 Q4 -12.9%
FY25 Q4 -6.4%
Operating margin (TTM) Diana Shipping Inc.
-300% -200% -100% 0% 100% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 Operating margin (TTM), FY14 Q4: -10.4% Operating margin (TTM), FY15 Q4: -29.9% Operating margin (TTM), FY16 Q4: -77.3% Operating margin (TTM), FY17 Q4: -298.9% Operating margin (TTM), FY18 Q4: 16.9% Operating margin (TTM), FY19 Q4: 8.0% Operating margin (TTM), FY20 Q4: -66.4% Operating margin (TTM), FY21 Q4: 29.7% Operating margin (TTM), FY22 Q4: 49.2% Operating margin (TTM), FY23 Q4: 32.7% Operating margin (TTM), FY24 Q4: 25.8% Operating margin (TTM), FY25 Q4: 19.8% 19.8%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period Operating margin (TTM)
FY14 Q4 -10.4%
FY15 Q4 -29.9%
FY16 Q4 -77.3%
FY17 Q4 -298.9%
FY18 Q4 16.9%
FY19 Q4 8.0%
FY20 Q4 -66.4%
FY21 Q4 29.7%
FY22 Q4 49.2%
FY23 Q4 32.7%
FY24 Q4 25.8%
FY25 Q4 19.8%
FCF margin (TTM) Diana Shipping Inc.
-100% -50% 0% 50% FY14 Q4 FY17 Q4 FY20 Q4 FY25 Q4 FCF margin (TTM), FY14 Q4: -38.0% FCF margin (TTM), FY15 Q4: -83.3% FCF margin (TTM), FY16 Q4: -62.9% FCF margin (TTM), FY17 Q4: -63.2% FCF margin (TTM), FY18 Q4: 34.2% FCF margin (TTM), FY19 Q4: 21.3% FCF margin (TTM), FY20 Q4: 6.6% FCF margin (TTM), FY21 Q4: 33.8% FCF margin (TTM), FY22 Q4: -24.6% FCF margin (TTM), FY23 Q4: 15.5% FCF margin (TTM), FY24 Q4: 35.0% FCF margin (TTM), FY25 Q4: 21.5% 21.5%

Source: SEC EDGAR filings. Retrieved Invalid Date.

View chart data
Period FCF margin (TTM)
FY14 Q4 -38.0%
FY15 Q4 -83.3%
FY16 Q4 -62.9%
FY17 Q4 -63.2%
FY18 Q4 34.2%
FY19 Q4 21.3%
FY20 Q4 6.6%
FY21 Q4 33.8%
FY22 Q4 -24.6%
FY23 Q4 15.5%
FY24 Q4 35.0%
FY25 Q4 21.5%

Data: SEC EDGAR XBRL company facts (as filed in 10-K/10-Q); forms 20-F, 20-F/A. Generated November 3, 2026. Definitions in our methodology.

Where the money goes

FY2025, from the 10-K

Each dollar Diana Shipping took in during FY2025, followed through to profit: what it cost to make, what went on running the business, and what was left after tax.

  1. Revenue $214M
  2. Selling, general and admin $34.1M · 16.0%
  3. Other operating costs $137M · 64.3%
  4. Operating income $42.2M · 19.8%
  5. Interest and other $24.4M · 11.4%
  6. Net income $17.8M · 8.3%

Shares of revenue. Source: Diana Shipping's 10-K for FY2025, as filed with the SEC. "Other" lines are what the reported lines leave unexplained.

Financial statements

US$ millions unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Fiscal year 2011 Dec 2011 2012 Dec 2012 2013 Dec 2013 2014 Dec 2014 2015 Dec 2015 2016 Dec 2016 2017 Dec 2017 2018 Dec 2018 2019 Dec 2019 2020 Dec 2020 2021 Dec 2021 2022 Dec 2022 2023 Dec 2023 2024 Dec 2024 2025 Dec 2025
Income
Revenue 256 221 164 176 158 114 162 226 221 170 214 290 262 228 214
Gross profit — — — — — — — — 207 156 209 — — — —
EBITDA 166 125 56 52 29 −7 −397 90 67 −70 104 186 135 103 89
Operating income 111 63 −9 −18 −47 −88 −484 38 18 −113 64 143 86 59 42
Net income 107 55 −21 −15 −70 −170 −512 17 −11 −134 57 119 50 13 18
Diluted EPS $1.33 $0.67 −$0.26 −$0.19 −$0.89 −$2.11 −$5.41 $0.10 −$0.17 −$1.62 $0.61 $1.36 $0.42 $0.05 $0.11
Growth (year on year)
Revenue — −13.6% −25.7% +7.1% −10.2% −27.6% +41.7% +39.7% −2.4% −23.1% +26.2% +35.4% −9.6% −12.9% −6.4%
EBITDA — −24.7% −55.2% −6.8% −44.3% −123.1% — — −26.5% −204.7% — +78.9% −27.2% −23.6% −14.3%
Operating income — −43.1% −113.7% — — — — — −53.9% −739.4% — +124.7% −39.9% −31.4% −28.2%
Net income — −49.2% −138.8% — — — — — −163.5% — — +107.4% −58.1% −74.4% +39.9%
Diluted EPS — −49.6% −138.8% — — — — — −270.0% — — +123.0% −69.1% −88.1% +120.0%
Margins
Gross margin — — — — — — — — 93.9% 92.0% 97.4% — — — —
EBITDA margin 65.0% 56.7% 34.2% 29.8% 18.5% −5.9% −245.2% 40.0% 30.1% −41.1% 48.6% 64.2% 51.7% 45.3% 41.5%
Operating margin 43.4% 28.6% −5.3% −10.4% −29.9% −77.3% −298.9% 16.9% 8.0% −66.4% 29.7% 49.2% 32.7% 25.8% 19.8%
Net margin 42.0% 24.7% −12.9% −8.7% −44.7% −148.8% −316.1% 7.3% −4.8% −79.1% 26.8% 41.1% 19.0% 5.6% 8.3%
Free-cash-flow margin 37.5% −23.2% −80.0% −38.0% −83.3% −62.9% −63.2% 34.2% 21.3% 6.6% 33.8% −24.6% 15.5% 35.0% 21.5%
Cash flow
Cash from operations 154 120 67 45 24 −21 23 80 50 17 90 159 70 84 48
Capital spending 58 171 199 112 155 51 126 3 3 6 17 230 30 4 2
Free cash flow 96 −51 −131 −67 −131 −72 −102 77 47 11 72 −71 41 80 46
Stock-based pay 8 9 8 — — — — — — — — — — — —
Free cash flow after stock pay 88 −60 −139 — — — — — — — — — — — —
Balance sheet
Cash 417 447 223 199 172 98 40 127 107 63 110 76 102 125 51
Total debt 374 461 433 486 606 603 605 535 478 423 432 530 517 523 529
Net debt (negative = net cash) −42 14 210 287 434 505 565 408 371 360 322 454 415 398 479
Diluted shares 81m 81m 81m 81m 80m 80m 96m 105m 95m 86m 85m 83m 102m 119m 110m
Returned to shareholders
Dividends — — — — — — — — — — 9 80 41 29 5
Buybacks 1 6 0 25 3 0 0 15 50 12 45 4 0 0 23
Total returned 1 6 0 25 3 0 0 15 50 12 54 84 41 29 28

Source: SEC EDGAR XBRL company facts (US and foreign periodic filings); column headings link to the filing. EBITDA is operating income plus depreciation and amortisation. Free cash flow is cash from operations minus capital spending. Growth is left blank when last year's figure was a loss or under 2% of revenue. Share counts and EPS are restated for stock splits. A dash means the company didn't report the figure.

Financial health

1 of 6 checks passed · December 31, 2025
What it owns · $1.2bn
Short-term assets $245mLonger-term assets $925m
What it owes, and who funded it · $592m
Short-term liabilities $90mShareholders' equity $502m
  • Short-term assets cover short-term liabilities $245m of assets due within a year against $90m of liabilities due within a year.
  • Short-term assets cover long-term liabilities Not assessable from the reported split. Not assessable.
  • More cash than debt $51m of cash against $523m of debt.
  • Debt below 40% of shareholders' equity Debt is 104% of equity.
  • Debt burden no higher than five years ago Debt to equity moved from 89% to 104% over five years.
  • A year's operating cash flow covers at least 20% of debt $48m of operating cash flow against $523m of debt.
  • Operating profit covers interest at least five times over Operating income of $42m against $43m of interest.

From Diana Shipping Inc.'s latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Dividends, buybacks and capital spending

FY2025 Q4 TTM
Buybacks (TTM)
$23M
Dividends (TTM)
$4.6M
Returned to shareholders
60%
of free cash flow
Buybacks, last 3 fiscal years
$23M
Diluted share count
−6.9%
year over year
Total shareholder yield
9.9%
dividends 1.6% + buybacks 8.2% of market value
Dividend payout ratio
26%
of net income paid out
Days sales outstanding
6 days
receivables vs revenue

Competitors: side by side with peers

Closest by revenue in marine transportation
Last 12 months unless stated DSX HTCO SMHI ESEA GASS SHIP Median
Revenue, last 12 months $214m $214m $208m $228m $173m $158m $329m
Revenue growth, last 12 months −6.4% 98.2% −15.0% 7.0% 3.5% −5.6% 0.8%
Revenue growth, 3-year average 9.2% — −7.6% 102.3% 12.5% 87.9% 16.8%
Gross margin 97.4% 3.2% 20.7% — — 100.0% 64.5%
Operating margin 19.8% −9.3% 1.5% 65.6% 31.8% 27.4% 18.6%
Operating margin, 3-year average −83.2% — 4.7% 30.5% 7.1% 24.7% 13.1%
Net margin 8.3% −10.0% −17.6% 60.1% 35.0% 13.4% 13.3%
Cash from operations / revenue 22.2% 2.2% −20.9% 61.9% 49.2% 33.3% 33.1%
Free-cash-flow margin 21.5% 2.2% −34.4% 49.4% 49.0% 10.8% 14.2%
Free-cash-flow margin, 3-year average −2.7% — −22.9% 1.6% 18.0% −35.2% 9.4%
Stock pay / revenue 5.0% 10.2% 2.5% 0.9% 2.9% 2.6% 0.7%
Change in share count −6.9% 132.4% −3.3% −0.2% 1.6% 3.3% 0.5%

Median of all 42 companies we cover in marine transportation. Shaded: best of the six on that line (lowest for stock pay and share-count growth). 3-year figures average the last three 12-month periods; 3-year growth is compound annual. Source: SEC filings.

Peer comparison

42 marine transportation companies
Measure Company Peer median Rank
Revenue growth Growth -6.4% 0.8% 29 of 40
Change in growth rate Growth +6.5pp +0.7pp 12 of 40
Operating margin Profitability 19.8% 19.8% 20 of 40
Net margin Profitability 8.3% 13.4% 27 of 42
Free-cash-flow margin Cash generation 21.5% 13.6% 12 of 41
Long-term debt as % of assets Balance sheet 40.4% 24.2% 26 of 35
Change in share count Balance sheet -6.9% 0.5% 4 of 39
Days sales outstanding Balance sheet 6 days 19 days 5 of 33

Rank 1 = best in the group (for spending, debt and dilution, lower ranks first).

Who owns it

Funds buying and selling
Reported value
$45.3M
Institutions reporting
70
Shares held vs prior quarter
▲ 30.5%
Positions opened / closed
14 / 11

Top buyers and sellers, Q2 2026: 43 institutions bought and 27 sold ; the biggest buyer was First Eagle Investment Management, LLC (+3.5M shares) and the biggest seller Walleye Capital LLC (−604K). See which funds bought and sold →

Largest reported holders, June 30, 2026
Manager Value Shares Share of 13F value Shares QoQ
First Eagle Investment Management, LLC $9.9M 4.7M 21.9% ▲ 273.8%
Renaissance Technologies LLC $5.7M 2.7M 12.7% ▼ 8.5%
Two Sigma Investments, LP $4.8M 2.3M 10.6% ▲ 182.0%
Hosking Partners LLP $3.7M 1.7M 8.1% ▼ 3.0%
Morgan Stanley $3M 1.4M 6.6% ▼ 3.0%
Pekin Hardy Strauss, Inc. $2.7M 1.3M 5.9% ▼ 24.0%
Mackenzie Financial Corp $2.2M 1.0M 4.9% ▲ 212.8%
Arrowstreet Capital, Limited Partnership $2.2M 1.0M 4.8% ▲ 111.7%
UBS Group AG $1.3M 613K 2.8% ▲ 413.2%
Winton Group Ltd $879,520 419K 1.9% ▼ 2.9%
Point72 Asset Management, L.P. $836,693 398K 1.8% ▲ 10.5%
Gsa Capital Partners LLP $763,000 364K 1.7% ▲ 333.1%

From Form 13F filings with the SEC ( quarterly data sets), as reported by each manager for June 30, 2026 and filed up to 45 days later. 13F reports cover long US-listed positions of managers above $100M only, so this is not Diana Shipping Inc.'s complete shareholder register. Values are as reported by the filers ; 2 inconsistently scaled filing rows were excluded.

Insider trading activity

Full insider history and chart
Insider purchases History → $0 0 trades by 0 insiders, last 12 months Insider sales History → $0 0 trades by 0 insiders
Net ▲ $0 net buying

No open-market insider trades reported in the last 12 months.

From insiders' Form 4 filings with the SEC. Excludes awards, option exercises and shares withheld for tax. "Pre-set plan" means the filing marks the trade as made under a Rule 10b5-1 plan. See every insider trade since five years ago, on a price chart.

Earnings dates and SEC filings

Results announcements

Recent SEC filings

Data status

When each part of this page on Diana Shipping Inc. was last updated.

DataLast updatedSource
Share priceExchange closing prices
News and updatesCompany releases and SEC 8-K filings
Analyst estimatesAggregated analyst estimates
Valuation and scoresOur models, from the filed figures

How we build and check these figures: methodology and data sources.

Diana Shipping Inc. in brief

What does Diana Shipping Inc. do?
Diana Shipping Inc. is a US-listed company in the marine transportation industry. Its financial year ends in December.
What is Diana Shipping Inc.'s stock ticker?
Diana Shipping Inc. trades under the ticker DSX on NYSE. This page brings together its financial statements, valuation models, ownership and recent company updates.
What is Diana Shipping Inc.'s revenue, and how fast is it growing?
Over its most recent trailing twelve months, Diana Shipping Inc. reported revenue of $214M, 6.4% lower than a year earlier, according to its SEC filings.
What is Diana Shipping Inc.'s free cash flow?
Diana Shipping Inc.'s free-cash-flow margin is 21.5% of revenue over the trailing twelve months, ranking 12 of the 41 marine transportation companies we cover.
Who are Diana Shipping Inc.'s largest institutional shareholders?
By value reported in 13F filings for June 30, 2026, the largest reported holders are First Eagle Investment Management, LLC, Renaissance Technologies LLC and Two Sigma Investments, LP. 13F reports cover long US-listed positions of managers above $100M, filed up to 45 days after quarter end.
Is Diana Shipping Inc. buying back stock, and does it pay a dividend?
Diana Shipping Inc. spent $23M on share repurchases over the trailing twelve months, and its diluted share count fell 6.9% over the year.
What is Diana Shipping Inc.'s market cap?
On December 31, 2025, Diana Shipping Inc.'s market capitalisation was about $181M, with a price-to-earnings ratio of 10.2 and net debt of $479M. Market figures come from third-party market data and may be delayed.
Does Diana Shipping Inc. pay a dividend?
Yes: Diana Shipping Inc. paid $4.6M in dividends over the trailing twelve months, a dividend yield of 1.65% and a payout ratio of 26.0%.
How much debt does Diana Shipping Inc. have?
Diana Shipping Inc.'s debt-to-equity ratio is 104.1%, from its latest balance sheet (88.9% five years earlier). The financial health section below sets out its other solvency checks.
Who are Diana Shipping Inc.'s competitors?
In our Marine Transportation peer group, the companies closest to Diana Shipping Inc. are High-trend International Group, Seacor Marine Holdings Inc., Euroseas LTD., Stealthgas Inc. and Seanergy Maritime Holdings Corp. The side-by-side comparison below sets their revenue, margins and growth against Diana Shipping Inc.'s.
When is Diana Shipping Inc.'s next earnings date?
Around November 19, 2026, estimated from the spacing of its past results announcements (8-K filings). That is an estimate, not a confirmed date — Diana Shipping Inc. announces its own schedule.