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.
  1. 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.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've found.
  3. Put funds into your investment account: Pick your method of payment and add your details.
  4. 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).
  5. 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.
  6. 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.

A brokerage account is an investment account that allows you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

Our recommended brokerage: eToro

Based on our research, eToro is the best stock brokerage. eToro gives you:

  • Invest in stocks with 0% commissions: Invest without commissions.
  • Buy fractional shares: Even if you don't have the money to buy a full share, you can still purchase the stock.
  • Access to global financial markets: From Tech to Financial Services, New York to London — you can fill your portfolio with stocks from the globe's top exchanges.
  • Social investing: eToro offers a community with more than 20 million users around the world. Talk to, learn from, and copy the unique crypto portfolios of top investors.
  • Security: eToro is a regulated and licensed fintech leader.
  • Buy other assets: Such as ETFs and cryptos.

Get $10 towards your purchase of shares by creating an account with eToro today.

Open eToro Account
eToro securities trading is offered by eToro USA Securities, Inc. (“the BD”), member of FINRA and SIPC. Cryptocurrency is offered by eToro USA LLC (“the MSB”) (NMLS: 1769299) and is not FDIC or SIPC insured. Investing involves risk, and content is provided for educational purposes only, does not imply a recommendation, and is not a guarantee of future performance. https://www.wallstreetzen.com is not an affiliate and may be compensated if you access certain products or services offered by the MSB and/or the BD.

Step 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

  1. Click here to get started.
  2. Provide your personal info to start your new trading account.
  1. Submit your info by pressing the "Create Account" button.
Get started with eToro today

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.

Get started with eToro today

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 Price
1w %
1y %
5y %
Fore. Rev. Growth
Fore. Earn. Growth
Market Cap
Next Earnings
Jul 26, 2023
Next Dividend
Jul 10, 2023

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

MACD Signal
MACD Histogram
Stochastic %K
Stochastic %D
StochRSI %K
StochRSI %D

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:

Open eToro Account

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:

  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 need a brokerage account, eToro is our favorite option.

Get Started with eToro Today

If you want to get the latest news on your investment in Diana Shipping, add DSX to your watchlist by clicking the button below.

$3.78-0.34 (-8.25%)
Updated Jun 9, 2023
Open eToro Account
$3.78-0.34 (-8.25%)
Updated Jun 9, 2023
Open eToro Account


How much does it cost to buy one Diana Shipping share?

As of Jun 9, 2023, it costs $3.78 to buy one share of Diana Shipping stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $1, you can buy 0.265 shares of DSX.

Get Started with eToro Today

Is now a good time to buy Diana Shipping stock?

According to 1 Wall Street analysts who monitor Diana Shipping, their consensus recommendation is to hold Diana Shipping stock.

What is the best way to buy Diana Shipping stock?

One way to place an order for Diana Shipping stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.