DIANA SHIPPING INC.
DSX, DSX-PB, DSX-WT · Deep Sea Foreign Transportation of Freight · EDGAR filings ↗
Reference price $24.45 — last insider sale, 2026-05-18 (estimated from the dated SEC Form 4 price — not a live quote)
Grade
C57Sub-scale dry-bulk shipper at a cyclical low with weak returns and thin interest coverage.
Strengths
- Healthy liquidity: current ratio 2.7, quick ratio 2.69 (75th pct)
- Net income rebounded (87.8th pct) off a depressed base
Risks
- Weak returns: ROE 3.5% (30th), ROA 1.5% (26th), ROIC 18.5th pct; interest coverage below 1.0 (18.8th)
- Revenue declining, fleet shrinking, single-segment charter-rate volatility and impairment exposure flagged
Notable findings
- No interest coverageInterest coverage 0.98 (cannot cover interest)
- Insider sellingInsider selling — 5 open-market sale(s) by 1 insider(s) (~$4M, last 6mo) Form 4 ↗
Key metrics
Operating margin
19.8%
Net margin
8.3%
Return on equity
3.5%
Return on assets
1.5%
ROIC
3.4%
Revenue growth (QoQ)
-6.4%
Net-income growth
39.9%
Debt / equity
0.9×
Net debt / EBITDA
4.8×
Interest coverage
1.0×
Current ratio
2.7×
EBITDA
$89M
Tangible book value
$502M
Cash & investments
$51M
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-05-18 | DIANA SHIPPING INC. | Sell | 20K | $24.45 |
| 2026-05-18 | DIANA SHIPPING INC. | Sell | 20K | $24.49 |
| 2026-05-15 | DIANA SHIPPING INC. | Sell | 50K | $24.59 |
| 2026-05-14 | DIANA SHIPPING INC. | Sell | 50K | $24.74 |
| 2026-05-14 | DIANA SHIPPING INC. | Sell | 8.6K | $25.01 |
All non-derivative Form 4 activity (SEC), newest first.
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 20-F | 2026-03-13 | 2025-12-31 | 0001562762-26-000030 ↗ |
| 20-F | 2025-03-21 | 2024-12-31 | 0001562762-25-000050 ↗ |
| 20-F | 2024-04-05 | 2023-12-31 | 0001562762-24-000080 ↗ |
| 20-F | 2023-03-27 | 2022-12-31 | 0001562762-23-000136 ↗ |
| 20-F | 2022-04-27 | 2021-12-31 | 0001104659-22-051154 ↗ |
| 20-F | 2021-03-12 | 2020-12-31 | 0000919574-21-002400 ↗ |
| 20-F | 2020-03-31 | 2019-12-31 | 0000919574-20-002636 ↗ |
| 20-F | 2019-03-12 | 2018-12-31 | 0000919574-19-002305 ↗ |
| 20-F | 2018-03-16 | 2017-12-31 | 0000919574-18-002512 ↗ |
| 20-F | 2017-02-17 | 2016-12-31 | 0000919574-17-002154 ↗ |
| 20-F | 2016-03-28 | 2015-12-31 | 0000919574-16-012194 ↗ |
| 20-F | 2015-03-25 | 2014-12-31 | 0000919574-15-003145 ↗ |