DSX
Strong BuySecond WindAI neutralDiana Shipping Inc. · Industrials · Greece · $358M cap · $3.7M/day traded
$2.87 +1.8% · close 12 Oct · scored 14 Oct
StockRank down 1.4 since 13 Oct.
Second Wind: Cheap and rising again, but the business does not yet earn the optimism.
As of 14 Oct 2026, MoatMap's StockRank for Diana Shipping Inc. (DSX) is 88/100, ranked against 24,000+ stocks in 35 markets (Quality 48, Value 73, Momentum 67, each scored against its sector).
Does StockRank work? Each month we publish how every decile did, whichever way it went. See the record →
Diana Shipping owns dry-bulk vessels chartered to major users such as Cargill, and it keeps signing new time charters. It trades at a low valuation and is involved in activist activity in the sector. Dry bulk is a textbook capital-intensive commodity cycle with no pricing power, and rising freight rates tend to attract new ship orders that erode returns. Consensus earnings have been cut over the past month.
ABOUT DIANA SHIPPING INC.
Read
Diana Shipping Inc. is a global shipping company that owns and operates a fleet of dry bulk vessels, specializing in the transportation of dry bulk cargoes such as iron ore, coal, and grain. The company charters its vessels to international major charterers under time charter contracts, providing stable revenue streams. Its modern, diversified fleet and focus on long-term charters underpin its strategy in the volatile global shipping market.
FINANCIAL SUMMARY (USD)
| Year | 2022 | 2023 | 2024 | 2025 | CAGR | TTM | 2026E | 2027E | Fwd CAGR |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 290.0M | 262.1M | 228.2M | 213.5M | -9.7% | 215.9M | 256.9M | 279.2M | 14.4% |
| EPS | 1.42 | 0.44 | 0.06 | 0.11 | -57.4% | 0.49 | 0.40 | 0.60 | 133.5% |
| Shares | 102.7M | 113.1M | 125.2M | 115.8M | +12.8% | 124.4M | — | — | — |
| Debt | 522.5M | 510.6M | 514.6M | 522.8M | 0.0% | 606.2M | — | — | — |
| Equity | 487.3M | 489.0M | 505.1M | 502.4M | 1.0% | — | — | — | — |
| Op CF | 158.9M | 70.4M | 83.5M | 47.5M | -33.1% | 47.5M | — | — | — |
| Inv CF | -273.1M | 24.9M | -39.8M | -32.0M | — | — | — | — | — |
| Fin CF | 84.9M | -71.1M | -21.7M | -36.9M | — | — | — | — | — |
Above its 200-day average and 10% below its 52-week high.
Swung more than 59% of stocks we rank over the past year (47% a year).
How this is worked out
StockRank judges the business. The price check reads only the chart: it is the price side of the Momentum score, in words.
The rules: Still falling is a new 52-week low in the last two weeks, at least 25% below the high. Finding a floor is no new low since. Turning up is 20 or more trading days without a new low, at least 10% off it, and back above a rising 50-day average. In an uptrend is above the 200-day average and within 15% of the high.
In 2,112 US drawdowns since 2001, buying while the price was still falling was followed by a further 20% drop 42% of the time. Waiting for a turn like this one cut that to 33%, at about 7% higher prices and with no better returns. Part of that cut is simply not buying: 13% of falls never turned, and waiting kept those out. Among turns that were bought, 38% still fell another 20%, and 33% of turns were followed by a new low within six months. The benefit was largest in crashes such as 2008 and 2020.
What it measures: day-to-day price moves over the past year, as a yearly figure, ranked against every stock we cover. Very calm under 20% a year, Calm 20 to 30%, Average 30 to 40%, Bumpy 40 to 55%, Very bumpy above that.
What we found: across about 13,500 stocks in 34 markets (2002 to 2025), past swings were a good guide to the next year's, and bumpier stocks fell further. How much further changed too much between eras to put a number on it.
Calm is not safe: a calm stock can still slide steadily.
Rules fixed before any data was fetched. Describes the chart, not a recommendation.
SCORE BREAKDOWN
FUNDAMENTALS
SECTOR PEERS
Closest peers in Industrials, ranked by industry match, size, and score similarity. Cross-listings of DSX are excluded.
| Ticker | Company | Mkt Cap | StockRank | Signal |
|---|---|---|---|---|
| DSX | Diana Shipping Inc.(you) | $358M | 88 | Strong Buy |
| GASS | StealthGas Inc. | $339M | 92 | Strong Buy |
| SHIP | Seanergy Maritime Holdings Corp | $380M | 95 | Strong Buy |
| OLTH.AT | Thessaloniki Port Authority Societe Anonyme | $459M | 98 | Strong Buy |
| ESEA | Euroseas Ltd. | $505M | 99 | Strong Buy |
| EDRY | EuroDry Ltd. | $163M | 81 | Strong Buy |
| PPA.AT | Piraeus Port Authority S.A. | $1.4B | 75 | Buy |
| GSL | Global Ship Lease, Inc. | $1.6B | 99 | Strong Buy |
| DAC | Danaos Corporation | $2.6B | 86 | Strong Buy |
| NMM | Navios Maritime Partners L.P. | $2.5B | 93 | Strong Buy |
Peer medians: ROE 11.7% · P/E 12.3x · Gross margin 47.3%
Company Deep Dive
Business segments breakdown, earnings transcript analysis, management credibility scoring, competitive landscape, and scenario modelling.