Diana Shipping Receives a Hold from Jefferies

Jefferies analyst Douglas Mavrinac reiterated a Hold rating on Diana Shipping (NYSE: DSX) today. The company’s shares closed last Friday at $2.46, close to its 52-week low of $1.95.

According to TipRanks.com, Mavrinac is a 1-star analyst with an average return of -0.5% and a 55.2% success rate. Mavrinac covers the Services sector, focusing on stocks such as Navios Maritime Partners Lp, Ship Finance International, and Golden Ocean Group Limited.

Diana Shipping has an analyst consensus of Moderate Sell

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Based on Diana Shipping`s latest earnings report from March 31, the company posted quarterly revenue of $30.79M and quarterly net profit of -$31.39M. In comparison, last year the company earned revenue of $38.57M and had a net profit of -$14.06M.

Diana Shipping, Inc. operates as a holding company, which provides shipping transportation services through the ownership and operation of dry bulk vessels. It medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes. The company was founded on March 8, 1999 and is headquartered in Athens, Greece.