FY2019 EPS Estimates for Diana Shipping Inc Boosted by Analyst (NYSE:DSX)

Diana Shipping Inc (NYSE:DSX) – Equities research analysts at Jefferies Financial Group lifted their FY2019 earnings estimates for Diana Shipping in a report issued on Wednesday, October 23rd, according to Zacks Investment Research. Jefferies Financial Group analyst R. Giveans now anticipates that the shipping company will post earnings of $0.12 per share for the year, up from their previous estimate of $0.11. Jefferies Financial Group also issued estimates for Diana Shipping’s Q4 2019 earnings at $0.02 EPS and FY2020 earnings at $0.41 EPS.

Other research analysts have also recently issued reports about the stock. Zacks Investment Research upgraded shares of Diana Shipping from a “hold” rating to a “buy” rating and set a $4.00 target price on the stock in a report on Friday, October 18th. ValuEngine upgraded shares of Diana Shipping from a “sell” rating to a “hold” rating in a report on Thursday, October 31st.

DSX stock

opened at $3.93 on Monday. Diana Shipping has a 12 month low of $2.41 and a 12 month high of $4.15. The firm’s 50-day moving average is $3.56 and its 200 day moving average is $3.37. The company has a market capitalization of $369.58 million, a PE ratio of 39.30 and a beta of 0.92.

A number of institutional investors have recently modified their holdings of the business. Russell Investments Group Ltd. grew its holdings in Diana Shipping by 2.9% during the 3rd quarter. Russell Investments Group Ltd. now owns 3,067,198 shares of the shipping company’s stock w....

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