How were Performance Shipping's earnings last quarter?

Performance Shipping Inc. (NASDAQ:DCIX) posted its earnings results on Thursday, November, 17th. The shipping company reported ($758.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($687.96) by $70.56. The shipping company had revenue of $8 million for the quarter, compared to analyst estimates of $8.10 million. Performance Shipping had a positive trailing twelve-month return on equity of 8.25% and a negative net margin of 11.89%. Performance Shipping's revenue was down 50.3% on a year-over-year basis. During the same period in the previous year, the company posted ($105.84) EPS.

Is Performance Shipping a good dividend stock?

Performance Shipping (NASDAQ:DCIX) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 0.99%. This payout ratio is at a healthy, sustainable level, below 75%. Read our dividend analysis for DCIX .

When did Performance Shipping's stock split?

Performance Shipping shares reverse split on the morning of Monday, September 25th 2017. The 1-3 reverse split was announced on Friday, September 22nd 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 22nd 2017. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.

What other stocks do shareholders of Performance Shipping own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Performance Shipping investors own include Mallinckrodt (MNK) , DryShips (DRYS) , Top Ships (TOPS) , AbbVie (ABBV) , FuelCell Energy (FCEL) , One Horizon Group (OHGI) , Diana Shipping (DSX) , Energy Transfer (ET) , SFL (SFL) and New Residential Investment (NRZ) .

NASDAQ:DCIX

Performance Shipping (DCIX) Stock Price, News & Analysis

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Today's Range: $1.90
▼
$2.10
50-Day Range: $0.43
▼
$4.26
52-Week Range: $0.37
▼
$1.26

Volume: 116,075 shs
Average Volume: N/A
Market Capitalization: $99.80 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

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About Performance Shipping Stock (NASDAQ:DCIX)

Performance Shipping, Inc. engages in the provision of shipping transportation services through its ownership of containerships. Its vessels are employed primarily on time charters with liner companies carrying containerized cargo along worldwide shipping routes. The firm operates through the following segments: Tankers Vessels and Containers Vessels. Its fleet includes the following vessels: Sagitta, CEntaurus, New Jersey, Pamina, Domingo, Puelo, Pucon, March, Great, Hamburg, and Rotterdam. The company was founded on January 7, 2010 and is headquartered in Athens, Greece.

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DCIX Stock News Headlines

March 10, 2024 | markets.businessinsider.com

Buy Rating for Performance Shipping: Solid Revenue and Strategic Financial Health

February 28, 2024 | seekingalpha.com

Great Lakes Dredge & Dock: Improving Outlook But Limited Upside Potential

April 20, 2024 | Crypto 101 Media (Ad)

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December 29, 2023 | msn.com

Performance Shipping orders two vessels from CSTC, SWS

December 11, 2023 | uk.finance.yahoo.com

Performance Shipping Inc. Issues 2022 Sustainability Report

November 15, 2023 | seekingalpha.com

d'Amico International Shipping: Best Risk/Reward Product Tanker Company For A Long-Term Hold

November 14, 2023 | msn.com

Shipping company records 94% revenue drop

October 25, 2023 | marketwatch.com

MSC Industrial Direct Posts Lower 4Q Profit on Higher Costs

April 20, 2024 | Crypto 101 Media (Ad)

SHOCKING Crypto Leak…

August 31, 2023 | finance.yahoo.com

Performance Shipping Inc. Announces Initiation of Analyst Coverage by Maxim Group

June 29, 2023 | uk.finance.yahoo.com

PSHG - Performance Shipping Inc.

June 22, 2023 | msn.com

Performance Shipping GAAP EPS of $0.55, revenue of $29.5M

June 8, 2023 | msn.com

EQUITA SIM Upgrades d'Amico International Shipping (MTA:DIS)

May 3, 2023 | finance.yahoo.com

Performance Shipping Inc. Announces Filing of 2022 Annual Report on Form 20-F

April 6, 2023 | finance.yahoo.com

Is Samudera Shipping Line Ltd's (SGX:S56) Stock's Recent Performance Being Led By Its Attractive Financial Prospects?

March 27, 2023 | seatrade-maritime.com

CSSC Shipping achieved best performance in 2022

March 8, 2023 | benzinga.com

Performance Shipping Inc. Signs Shipbuilding Contract for the Purchase of a Newbuild LNG Ready Tier III LR2 Product/ Crude Oil Tanker With Scrubber

March 1, 2023 | marketwatch.com

Performance Shipping Terminates At-The-Market Offering, Shares Rise 26%

March 1, 2023 | marketwatch.com

Performance Shipping Hits 52-Week Low After $12.5M Direct Offering Prices

February 24, 2023 | msn.com

Shipping Corporation of India's revised demerger plan to boost govt's kitty? What ex-CMD AK Gupta has to say

February 23, 2023 | forbes.com

Best Performance Management Software (February 2023)

February 23, 2023 | uk.finance.yahoo.com

Performance Shipping Inc. Reports Record Fourth Quarter and Full Year 2022 Net Income of $23.8 Million and $36.3 Million, Respectively

February 23, 2023 | msn.com

Performance Shipping GAAP EPS of $1.18, revenue of $27.77M

February 22, 2023 | marketwatch.com

The Future of Rigid Shipping Racks Market: Opportunities and Challenges 2022-2028

February 14, 2023 | marketwatch.com

Less-than-container Load (LCL) Shipping Market In 2023 : Volume, Analysis, Future Prediction, Overview and Forecast 2028

February 8, 2023 | marketwatch.com

Shipping Fleet Management Market Size 2023 Will Touch A New Level In The Upcoming Year 2029

February 6, 2023 | marketwatch.com

Shipping Fleet Management Market 2023 Size, Share, Trend, Revenue, Key Players with LATEST RESEARCH REPORT till 2029

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Company Calendar

Last Earnings: 11/17/2016
Today: 4/19/2024

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Transportation
Industry: Deep Sea Freight Transportation
Sub-Industry: N/A
Current Symbol: NASDAQ:DCIX
CUSIP: N/A
CIK: 1481241
Web: www.pshipping.com
Phone: 302166002400
Fax: N/A
Employees: 137
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): $4.04
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-32,060,000.00
Net Margins: -11.89%
Pretax Margin: N/A
Return on Equity: 8.25%
Return on Assets: 5.37%

Debt

Debt-to-Equity Ratio: 0.52
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: $26.85 million
Price / Sales: 3.72
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $1.92 per share
Price / Book: 1.04

Miscellaneous

Outstanding Shares: 50,150,000
Free Float: N/A
Market Cap: $99.80 million
Optionable: Not Optionable
Beta: N/A

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Key Executives

Simos P. Palios
Chairman & Chief Executive Officer
Andreas Michalopoulos
CFO, Secretary, Treasurer, Director & Deputy CEO
Eleni Leontari
Chief Accounting Officer

Key Competitors

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DCIX Stock Analysis - Frequently Asked Questions

How were Performance Shipping's earnings last quarter?: Performance Shipping Inc. (NASDAQ:DCIX) posted its earnings results on Thursday, November, 17th. The shipping company reported ($758.52) earnings per share (EPS) for the quarter, missing the consensus estimate of ($687.96) by $70.56. The shipping company had revenue of $8 million for the quarter, compared to analyst estimates of $8.10 million. Performance Shipping had a positive trailing twelve-month return on equity of 8.25% and a negative net margin of 11.89%. Performance Shipping's revenue was down 50.3% on a year-over-year basis. During the same period in the previous year, the company posted ($105.84) EPS.
Is Performance Shipping a good dividend stock?: Performance Shipping (NASDAQ:DCIX) pays an annual dividend of $0.04 per share and currently has a dividend yield of 0.00%. The dividend payout ratio is 0.99%. This payout ratio is at a healthy, sustainable level, below 75%.
Read our dividend analysis for DCIX.
When did Performance Shipping's stock split?: Performance Shipping shares reverse split on the morning of Monday, September 25th 2017. The 1-3 reverse split was announced on Friday, September 22nd 2017. The number of shares owned by shareholders was adjusted after the closing bell on Friday, September 22nd 2017. An investor that had 100 shares of stock prior to the reverse split would have 33 shares after the split.
What other stocks do shareholders of Performance Shipping own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Performance Shipping investors own include Mallinckrodt (MNK), DryShips (DRYS), Top Ships (TOPS), AbbVie (ABBV), FuelCell Energy (FCEL), One Horizon Group (OHGI), Diana Shipping (DSX), Energy Transfer (ET), SFL (SFL) and New Residential Investment (NRZ).

This page (NASDAQ:DCIX) was last updated on 4/20/2024 by MarketBeat.com Staff

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Performance Shipping (DCIX) Stock Price, News & Analysis

About Performance Shipping Stock (NASDAQ:DCIX)

DCIX Stock News Headlines

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Sales & Book Value

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DCIX Stock Analysis - Frequently Asked Questions

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