Company Analysis

Diana Shipping, Inc. (DSX)

NYSE: DSX · Deep Sea Foreign Transportation of Freight · Athens, GR · filing with the SEC since 2005
Grade4.5
◀ Past 4.9● Present 4.5▶ Future 4.2
1 est.

The grade of Diana Shipping, Inc.

Nine metrics read from its own filings, by tense
Headline grade
4.5/10
◀ Past4.930% of the headline
● Present4.540% of the headline
▶ Future4.230% of the headline

All three tenses have at least two readings, so the archetype blend applies as printed.

Of the nine metrics, 8 read as filed from the record and 1 is an SI estimate, each with its reasoning, its confidence and what would change it on its card.

◀ Past

What did they actually do?

4.9/1030% of the headline grade · 3 of 3 filed

Surviving crises

as filed
6.1/10

Has it survived what it has been through?

No warning events in its filings since 2017.

weight 33% of this tense · 61st percentile among 44 sector filers · read for itself

From the record

Diana Shipping, Inc.'s filings since 2017 show no warning events in the scan: no bankruptcy or receivership notice, no debt default notice, no exchange listing notice, no restatement warning, no auditor change, no material cyber incident and no late-report notice (its current reports).

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Track record

as filed
3.9/10

What has it actually done, year after year?

+7.2% a year over 10 filed years; profitable in 6 of 9.

weight 45% of this tense · 39th percentile among 42 sector filers · read for its customers

From the record

Diana Shipping, Inc.'s 10 filed years say what it did: revenue went from $114 million in fiscal 2016 to $214 million in fiscal 2025, up 7.2% a year; it rose in 4 of 9 years; the deepest fall was 26% from fiscal 2022 to fiscal 2025; net income was positive in 6 of 9 of those years (its annual reports).

What it rests on

  • revenue growth over the filed span7.2%bottom 38% of its family
  • the share of years revenue rosebottom 19% of its family
  • the share of filed years with a profitbottom 46% of its family
  • the deepest fall from a revenue peak26.4%top 46% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Shareholder treatment

as filed
5.0/10

How has it treated the people who own it?

Share count grew 9.9% a year. 49% of cash flow returned. Insiders: 0 sales, 0 purchases.

weight 22% of this tense · 50th percentile among 38 sector filers · read for its shareholders

From the record

Over the 3 fiscal years to 2025-12-31, Diana Shipping, Inc.'s diluted share count grew about 9.9% a year, and dividends and buybacks returned about 49% of its operating cash flow over 3 years (its filed statements). Its officers and directors filed 0 sales and 0 purchases of their own stock on the open market in the year to 2026-11-12 (their Form 4 filings).

What it rests on

  • the share count over the yearsbottom 28% of its family
  • cash returned against operating cash flowtop 28% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

● Present

What are they doing right now?

4.5/1040% of the headline grade · 2 of 3 filed, 1 estimated

Financial health

as filed
5.1/10

Is it financially healthy right now?

ROE 4%: 4¢ of profit per shareholder dollar. Leverage 57%: owes 57¢ per asset dollar.

weight 33% of this tense · 51st percentile among 43 sector filers · read for itself

From the record

Return on equity: in the fiscal year ended 2025-12-31, Diana Shipping, Inc. earned about 4 cents of profit for every dollar of shareholders' money. Leverage: it owed about 57 cents per dollar of assets, and net share issuance: its share count shrank 6.9% over the year (the filed statements).

What it rests on

  • what it owes per dollar of assetsbottom 27% of its family
  • return on equitybottom 31% of its family
  • the share count against the year beforetop 6% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Industry position

as filed
3.4/10

How strong is its position in its industry?

bottom 34% of 43 in its family; net margin 8.3%.

weight 45% of this tense · 34th percentile among 43 sector filers · read for its customers

From the record

Diana Shipping, Inc.'s standing among 43 graded names in its industry family: revenue of $214 million in fiscal 2025 ranks in the bottom 42% by size; a net margin of 8.3% ranks in the bottom 36%; revenue growth of -9.7% a year over the last 3 filed years ranks in the bottom 25% (its annual reports).

What it rests on

  • revenue against the family$214Mbottom 42% of its family
  • net margin8.3%bottom 36% of its family
  • three-year revenue growth-9.7%bottom 25% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Leadership

SI estimate
5.8/10

What are the people in charge doing?

SI estimate 5.8/10, confidence 20 of 100 (family median).

weight 22% of this tense · 50th percentile among 8 sector filers · read for its shareholders

SI estimate Inferred, not read as filed

Why it is an estimate
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 8 members with one.
What the record cannot read
It files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge.
How it was reasoned
family median, 8 readings behind it.
Confidence
20 of 100
What would change it
Its next annual report on file with the inputs replaces this estimate with the filed reading.

From the record

SI estimate, not a filed reading: Diana Shipping, Inc.'s leadership is put at 5.8 of 10 with a confidence of 20 of 100, because it files no Form 8-K (a foreign issuer reports on Form 6-K), so officer and director changes cannot be read there; the record of its people begins on 2026-03-18 (a listing, a merger or a first filing under the rules) and its chief executive and most of the people in charge have filed since then, so the record shows a floor of 8 months and cannot see past it; a floor under five years is not read as years in charge, so the desk assumes the typical reading of its industry family, the median of 8 members with one. Its next annual report on file with the inputs replaces this estimate with the filed reading.

▶ Future

What are they set up to do next?

4.2/1030% of the headline grade · 3 of 3 filed

Room to expand

as filed
3.0/10

How much room does it have to grow?

bottom 30% of 42 in its family for room to expand.

weight 22% of this tense · 30th percentile among 42 sector filers · read for itself

From the record

Diana Shipping, Inc.'s room to grow, from the newest filed statements (fiscal 2025): cash of $51 million against debt of $523 million leaves -40.4% of its assets as net cash, bottom 19% of its family; cash from operations less capital spending is 22.2% of revenue (bottom 42%) (its annual report).

What it rests on

  • cash less debt against assets-40.4%bottom 19% of its family
  • cash from operations less capital spending against revenue22.2%bottom 42% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Growth drivers

as filed
4.7/10

What could actually drive growth from here?

bottom 47% of 41 in its family for growth drivers.

weight 45% of this tense · 47th percentile among 41 sector filers · read for its customers

From the record

Diana Shipping, Inc.'s growth drivers, from the filed years to fiscal 2025: revenue grew -9.7% a year over the last three filed years against 7.2% over all 10, slowing (bottom 30% of its family); the newest year grew -6.4% (bottom 37%); capital spending grew 70.5% a year (top 27%) (its annual reports). Diana Shipping, Inc. tags no split of its revenue by line in the annual report on file, so growth by line cannot be read here; research and capital spending are on the trend.

What it rests on

  • three-year growth against the whole span-16.9 points a yearbottom 30% of its family
  • the newest year's revenue growth-6.4%bottom 37% of its family
  • three-year growth of capital spending70.5%top 27% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

Expectations vs reality

as filed
4.2/10

Did its newest year beat what its own record pointed to?

bottom 42% of 39 in its family for expectations against reality.

weight 33% of this tense · 42nd percentile among 39 sector filers · read for its shareholders

From the record

Diana Shipping, Inc.'s newest year against its own record: revenue of $214 million in fiscal 2025 came in 5.5% above the $202 million its prior three years' pace pointed to (top 30% of its family); net income of $18 million against a prior three-year average of $61 million (bottom 24%); a net margin of 8.3% against 21.9% before (bottom 32%) (its annual reports).

What it rests on

  • revenue against the prior three years' pace5.5%top 30% of its family
  • net income against the prior three years' average-71%bottom 24% of its family
  • net margin against its prior average-13.5 pointsbottom 32% of its family

A production reading, recomputed from the filings on every data build, read from EDGAR Nov 13, 2026.

The grade is the company against its own industry, from its filings. It is not a view on the share price. How the grade is made

SI Assistanton DSX · research, not advice