It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. After-hours trades for Diana Shipping Inc. (DSX) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.01, or 0.27%, to $3.65. The Diana Shipping Inc. has recorded 1,384 volume in the after hours trading session. Earlier, Yahoo Finance discussed this stock as it revealed Diana Shipping Inc. Announces Direct Continuation of Time Charter Contract for m/v Polymnia and a New Time Charter Contract for m/v Los Angeles.
Diana Shipping Inc. is listed on the NYSE in the Industrials sector while operating in the Marine Shipping industry. At the end of the last regular session, the stock closed at $3.64 and fluctuated between $3.7100 as its day high and $3.5800 as its day low. The current market capitalization of Diana Shipping Inc. is $350.90M. A total of 0.83 million shares were traded on the day, compared to an average of 757.21K shares.
The reasons why investors prefer dividend-paying companies are that dividends generate immediate cash flow and indicate that the company will perform well in the future. Diana Shipping Inc. pays an annual dividend of $0.70, resulting in a dividend yield of 19.23%, and it has a price to earnings (P/E) ratio of 2.33. DSX’s most recent ex-dividend date was 11/25/2022 when it declared a $0.1750 quarterly dividend that was paid in cash on 12/15/2022. Previously, the company paid the dividend on 8/19/2022 with an ex-dividend date of 8/5/2022. The DSX stock dividend was $0.2750 per share in cash.
Despite rarely being accurate, price targets can exert some form of influence at times, and are often regarded as valuable by markets. According to analysts who have offered 12-month price targets for DSX in the last 3 months, the mean price target is $4.53 with high estimates of $5.50 and low estimates of $4.00. In terms of 52-week highs and lows, DSX has a high of $6.89 and a low of $3.31.
As of this writing, DSX has an earnings estimate of $0.28 per share for the current quarter. EPS was calculated based on a consensus of 3 estimates, with a high estimate of $0.35 per share and a lower estimate of $0.14. The company reported an EPS of $0.3 in the last quarter, which was 11.10% higher than expectations of $0.27.
Balance Sheet Annually/Quarterly
As well as showing the assets and liabilities of the company, the balance sheet also shows the amount invested in equity by investors. Investors can analyze a company’s future prospects by calculating its financial ratios based on this information.
After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. Currently, 4 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for DSX is Buy with a score of 4.00. A total of 1 analysts rated the stock as Buy while 0 rated it as Overweight while 3 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.