How to Buy Diana Shipping Stock

Step 1: Figure out where to buy Diana Shipping stock

You need an online brokerage account in order to access the NYSE market and buy DSX stock.

Step 2: Sign up for your brokerage account

Now that you've picked the right brokerage, it's time to fill out some personal info so you can invest in DSX today.

How to Open a New Investment Account on eToro

1. Click here to get started.
   eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
2. Provide your personal details to create a new trading account.

3. Submit your details by hitting the "Create Account" button.
Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 3: Put funds into your investment account

Now that you have created your account on the highest rated app to buy and sell stocks, your next step is to transfer the money for your investment:

Check out this video walkthrough for more details transferring funds into your brokerage account.

Step 4: Evaluate Diana Shipping stock

After you have identified the best place to buy Diana Shipping stock, it's important to evaluate their stock prior to buying, so you truly comprehend the risk as well as the opportunity.

Diana Shipping quick stats

DSX Due Diligence Checks

WallStreetZen was built to help everyday investors do better fundamental analysis quickly.

You can view all of the due diligence checks on DSX's stock page.

Is DSX stock overvalued?

You can use many financial metrics, analyses, models, and charts to gauge DSX's true value.

Using relative valuations metrics:

• DSX could be undervalued based on its P/E ratio of 6.98x, relative to Marine Shipping industry P/E ratio of 16.26x
• DSX could be undervalued based on its P/B ratio of 0.71x, relative to Marine Shipping industry P/B ratio of 1.05x
• DSX may be undervalued based on its PEG ratio of 0.1x

You can do additional valuation analysis on DSX's stock here.

A quick look at DSX Financials

Passed Financial Due Diligence Checks:

• There are more short-term assets than short-term liabilities on the DSX balance sheet.

Failed Financial Due Diligence Checks:

• Total DSX debt is higher than 5 years ago, relative to shareholder equity.
• There are more long-term liabilities than short-term assets on the DSX balance sheet.
• DSX profit margin has gone down from 39.1% to 16.8% in the past year.
• DSX earnings of $99.18M is not sufficient to cover its interest payments.
• DSX has a relatively high debt to equity ratio of 1.39.
• DSX's operating cash flow of $70.38M allows it to safely service it's debt of $642.77M.

You can dig deeper into what analysts are saying on the Diana Shipping stock forecast page.

DSX Technical Indicators

DSX Performance Numbers

Last year, DSX earnings were $44.08M. During the last 5 year, DSX's earnings have grown by 34.49% per year. This was faster than the Marine Shipping industry average of 17.04%.

Last year, DSX revenue was $262.10M. Over the last 5 year, DSX's revenue has gone up by 2.99% per year. This was slower than the Marine Shipping industry average of 15.54%.

Learn more about DSX's earnings and revenue performance here.

Who is buying/selling DSX?

In the last year, insiders at DSX have not bought or sold any shares.

Learn more about who owns DSX shares here.

Can I rely on DSX as an income stream?

Diana Shipping pays a dividend of 17.1%, compared to the Marine Shipping industry's average dividend yield of 5.03%. If you owned $1,000 of DSX stock, you would have received $171.01 in the past 12 months.

Diana Shipping dividend payments have not consistently grown over the past decade and 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 primary reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to find out what other investors have to say.

Step 5: Place your DSX trade

There are two main types of orders:

• Market order: A market order is an order to buy or sell a security at the best available price.
  Market orders are generally fine for most investors.
• 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 a specific dollar amount, use a limit order.

Hit the Open Trade button and eToro will place your order.

If you require additional info about buying stocks on eToro, click the how to video below:

Step 6: Track your DSX position

Now that you own some DSX shares, you'll want to keep up with your company.

Create a watchlist to get notified of the latest news about your DSX stock.

How to Buy Stock in Diana Shipping

To reiterate, here are the 6 steps for buying Diana Shipping stock:

1. Figure out where to buy Diana Shipping stock
2. Sign up for your brokerage account
3. Put funds into your investment account
4. Evaluate Diana Shipping stock
5. Place your DSX trade
6. Track your DSX position

If you require a place to buy stocks, eToro is our recommended option.

If you want to keep an eye on your new investment in Diana Shipping, add DSX to your watchlist by clicking the button below.

Trending Stock Buying Guides

• How to buy GOOGL stock
• How to get into stocks
• How to purchase stock in Pfizer
• How to purchase stock in WMT
• Where to buy Amazon stock
• How to buy Apple stock
• How to buy DIS
• How to buy stock in BRK.B online
• How to buy Netflix stock
• How to buy shares in TSLA