Overview
Greece-based dry bulk vessel owner's Q4 net income decreased compared to last year
Q4 time charter revenues declined yr/yr due to vessel sales and drydocking
Company declared cash dividend of $0.01 per share
Outlook
Company did not provide specific future guidance in the press release
Result Drivers
VESSEL SALES - Time charter revenues decreased due to the sale of two vessels in 2025, reducing available days for hire
DRYDOCKING IMPACT - Higher number of drydocking days in Q4 2025 reduced fleet's available days for hire
OPERATING EXPENSES - Increased daily vessel operating expenses in Q4 2025 compared to Q4 2024
Company press release: ID:nGNX7JylTh
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
Q4 Time Charter Revenue | $52.05 mln | ||
Q4 EPS | Beat | $0.02 | -$0.005 (1 Analyst) |
Q4 Net Income | Beat | $3.13 mln | $1.24 mln (2 Analysts) |
Q4 Basic EPS | $0.02 | ||
Q4 Operating Income | $7.26 mln | ||
Q4 Vessel Operating Expenses | $20.28 mln |
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 1 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell"
Wall Street's median 12-month price target for Diana Shipping Inc is $2.55, about 1.5% below its February 25 closing price of $2.59
The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 7 three months ago
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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