How to Buy Diana Shipping Stock
Diana Shipping Inc
Diana Shipping is a shipping company located in Greece, which is part of the Industrials sector, and is traded under the ticker DSX on the NYSE exchange.
Diana Shipping stock last closed at $3.78, down 8.25% from the previous day, and has decreased 30.51% in one year. It has overperformed other stocks in the Marine Shipping industry by 0.04 percentage points. Diana Shipping stock is currently +12.5% from its 52-week low of $3.36, and -40.38% from its 52-week high of $6.34.
At the moment, there are 106.44M DSX shares outstanding. The market cap of DSX is $402.33M. In the last 24 hours, 904,678 DSX shares were traded.
How to Buy Diana Shipping Stock
Not sure how to invest in Diana Shipping stock? Here's how.
- Figure out where to buy Diana Shipping stock: You need to choose an online brokerage, but don't worry - we've tested dozens of online brokerages and apps to help you decide where to buy Diana Shipping stock.
- Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
- Put funds into your investment account: Pick your method of payment and add your details.
- Evaluate Diana Shipping stock: The Diana Shipping ticker symbol is DSX. Is Diana Shipping stock a good investment? Should you buy shares of DSX? How do DSX's underlying business fundamentals look? Do top analysts think Diana Shipping is a good buy? Why has DSX's stock price moved recently? (Hint: Our stock market analysis tools can help you understand if DSX is a good stock to buy).
- Place your DSX trade: Decide if you will purchase DSX shares at the current market price or use a limit order to buy DSX shares at a given price.
- Track your DSX position: Create a watchlist to keep track of your position in Diana Shipping stock.
Step 1: Figure out where to buy Diana Shipping stock
You need a brokerage account in order to access the NYSE market and buy DSX shares.
Our recommended brokerage: eToro
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Get $10 towards your purchase of shares by creating an account with eToro today.
Open eToro AccountStep 2: Sign up for your brokerage account
Now that you've chosen the best brokerage, you need to fill out some personal information so you are able to buy DSX stock today.
How to Open a New Account on eToro
- Click here to get started.
- Provide your personal info to start your new trading account.
- Submit your info by pressing the "Create Account" button.
Step 3: Put funds into your investment account
Now that you've finished signing up on investing apps, you need to deposit funds:
Check out the tutorial below for more details transferring funds into your new investment account.
Step 4: Evaluate Diana Shipping stock
Once you have decided on the best place to buy Diana Shipping stock, it's important to research their stock prior to buying, so you actually wrap your head around the risk as well as the opportunity.
Diana Shipping shares data
DSX Due Diligence Checks
WallStreetZen was built to help part-time investors do more in-depth fundamental analysis in minutes instead of hours.
You can see all of the due diligence checks on DSX's stock page.
Is DSX stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge DSX's true value.
Using relative valuations measures:
- DSX could be undervalued based on its P/E ratio of 2.86x, relative to Marine Shipping industry P/E ratio of 9.57x
- DSX could be overvalued based on its P/B ratio of 0.82x, relative to Marine Shipping industry P/B ratio of 0.71x
You can access more valuation research on DSX's stock here.
DSX Financials at a glance
Passed Financial Due Diligence Checks:
- DSX profit margin has gone up from 33% to 37.1% in the past year.
Failed Financial Due Diligence Checks:
- DSX has a relatively high debt to equity ratio of 1.37.
- Total DSX debt is higher than 5 years ago, relative to shareholder equity.
Do Wall Street analysts think it's a good time to buy Diana Shipping stock
Out of 1 Equities analysts who track DSX, the consensus analyst rating on Diana Shipping is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Most Recent DSX Analyst Forecasts
Omar Nokta, a bottom 6% analyst from Jefferies reiterates DSX with a hold rating and maintains their DSX price target from $4.00 to $4.00, on May 30, 2023.
You can dig deeper into what analysts are projecting on the Diana Shipping stock forecast page.
DSX Technical Indicators
How are DSX Revenues/Earnings doing?
Last year, DSX earnings were $109.96M. During the past four year, DSX's earnings have gone up by 69.48% per year. This was faster than the Marine Shipping industry average of 39.89%.
Last year, DSX revenue was $296.68M. Over the past 5 year, DSX's revenue has grown by 10.64% per year. This was slower than the Marine Shipping industry average of 16.27%.
Dive into DSX's earnings and revenue performance here.
Latest Insiders Trades at DSX
Over the last year, insiders at DSX have not bought or sold any shares.
Learn more about who owns DSX stock here.
Does DSX provide a stable income stream?
Diana Shipping pays a dividend of 15.87%, compared to the Marine Shipping industry's average dividend yield of 17.94%. If you owned $1,000 worth of DSX stock, you would have received $158.73 in the past 12 months.
Diana Shipping dividend payments have consistently grown over the past decade but have not remained stable.
Find more analysis about Diana Shipping dividend yield and history here.
What do other traders have to say about DSX?
One of the biggest reasons eToro is our favorite brokerage is because of its social trading community.
Click below to learn what other traders have to say.
Step 5: Place your DSX trade
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best possible price.
Market orders are generally sufficient. - Limit order: A limit order lets you buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at an exact price, use a limit order.
Hit the Open button and eToro will place your order.
If you require more assistance investing in stocks on eToro, watch the helpful video below:
Step 6: Track your DSX position
Now that you own some shares in DSX, you'll want to stay up-to-date on your investment.
Put DSX on a watchlist to monitor your DSX stock.
DSX Feed
How to Buy Stock in Diana Shipping
To reiterate, here are the 6 steps to buy Diana Shipping stock:
- Figure out where to buy Diana Shipping stock
- Sign up for your brokerage account
- Put funds into your investment account
- Evaluate Diana Shipping stock
- Place your DSX trade
- Track your DSX position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you want to get the latest news on your investment in Diana Shipping, add DSX to your watchlist by clicking the button below.
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