Diana Shipping
DSXMarket price data through August 3, 2026.
Performance
Aug 2021 – Aug 2026
Track record
How this pick has done since Benson first called it.
- Benson Return
- 0%
- How much this stock is up since Benson first picked it — measured from the price at the time of that first pick, not from today.
- First pick price
- ~$3
- Roughly what one share cost when Benson first picked this stock. This is the starting line for the Benson Return.
- Tracking since
- March 2026
- The month this stock first became a Benson pick.
- Tracking duration
- 4 months
- How long Benson has been tracking this pick.
About Diana Shipping
Diana Shipping is a Greek company that owns and operates a fleet of 36 large cargo ships that haul raw materials like iron ore, coal, and grain across the world's oceans. Think of them as the long haul trucking company of the seas, except the trucks are the size of city blocks. They rent their ships out to customers under contracts that lock in a daily rate, so the business is really about owning steel and collecting rent on it.
The case for and against
Both sides of the story, in plain English.
- Real Profits
Even in a soft year for shipping, Diana keeps about 21 cents of profit from every dollar of revenue. That is a strong margin for a business this heavy on equipment and fuel. Steady profitability like that is what lets a shipowner keep paying down debt while rivals scramble.
- Cheap Steel
The entire company is valued at roughly 298 million dollars, which is well below what its 36 vessels are worth on paper. You are essentially buying working ships for less than their sticker price. When the market values a fleet below scrap and resale value, the downside is usually already priced in.
- Shrinking Revenue
Revenue fell about 6 percent over the past year as daily charter rates cooled off. Diana locks in many rates ahead of time, which cushions the fall but also caps the upside when rates spike. Fewer dollars coming in makes every fixed cost, from crew to dry dock repairs, sting more.
- Heavy Debt
The company carries roughly 636 million dollars of debt against a market value of under 300 million dollars. That is a lot of borrowed money for a business whose income swings with global trade. If China keeps importing less iron ore and coal, cash flow could get tight fast.
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How to read this page
This automated research summary uses Financial Modeling Prep market data through 2026-08-03. Model signals, scores, and risk labels can change and may be incomplete or wrong.
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