NASDAQ:PSHG Performance Shipping (PSHG) Stock Price, News & Analysis $1.99 +0.02 (+1.02%) (As of 10:47 AM ET) Add Compare Share Share Today's Range$1.99▼$2.0350-Day Range$1.90▼$2.2452-Week Range$1.32▼$2.58Volume21,601 shsAverage Volume83,955 shsMarket Capitalization$24.44 millionP/E Ratio1.21Dividend YieldN/APrice Target$6.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesOwnershipSEC FilingsShort InterestTrends Get Performance Shipping alerts: Email Address Performance Shipping MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside229.9% Upside$6.50 Price TargetShort InterestBearish7.20% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthN/ASee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.37 out of 5 starsTransportation Sector103rd out of 126 stocksDeep Sea Foreign Transportation Of Freight Industry28th out of 32 stocks 3.5 Analyst's Opinion Consensus RatingPerformance Shipping has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Amount of Analyst CoveragePerformance Shipping has only been the subject of 1 research reports in the past 90 days.Read more about Performance Shipping's stock forecast and price target. Previous Next 1.0 Short Interest Percentage of Shares Shorted7.20% of the outstanding shares of Performance Shipping have been sold short.Short Interest Ratio / Days to CoverPerformance Shipping has a short interest ratio ("days to cover") of 10.1, which indicates bearish sentiment.Change versus previous monthShort interest in Performance Shipping has recently decreased by 1.63%, indicating that investor sentiment is improving. Previous Next 0.8 Dividend Strength Dividend YieldPerformance Shipping does not currently pay a dividend.Dividend GrowthPerformance Shipping does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Performance Shipping is 6.06%. This payout ratio is at a healthy, sustainable level, below 75%.Read more about Performance Shipping's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PSHG. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 2 people have searched for PSHG on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Performance Shipping insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.43% of the stock of Performance Shipping is held by insiders.Percentage Held by InstitutionsOnly 19.90% of the stock of Performance Shipping is held by institutions.Read more about Performance Shipping's insider trading history. Previous Next 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Performance Shipping is 1.19, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 145.48.Price to Earnings Ratio vs. SectorThe P/E ratio of Performance Shipping is 1.19, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.15.Price to Book Value per Share RatioPerformance Shipping has a P/B Ratio of 0.10. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Performance Shipping's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Darwin2024's Must-Watch Stocks!Welcome to a year of unparalleled opportunities! Dive into our exclusive guide, "9 Stocks Set to Soar," meticulously selected to elevate your portfolio in 2024. Step into 2024 with confidence and the right assets at your fingertips. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time. [Unlock Your Report Now] About Performance Shipping Stock (NASDAQ:PSHG)Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2022, its fleet consisted of eight Aframax tanker vessels with a combined carrying capacity of 851,825 DWT. The company was incorporated in 2010 and is based in Athens, Greece.Read More PSHG Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PSHG Stock News HeadlinesJuly 28, 2024 | markets.businessinsider.comBuy Rating on Performance Shipping Amid Anticipated Tanker Rate Increase and Strategic ExpansionJuly 25, 2024 | globenewswire.comPerformance Shipping Inc. Reports Financial Results for the Second Quarter and Six-Months Ended June 30, 2024August 22, 2024 | Colonial Metals (Ad)Wanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.July 24, 2024 | globenewswire.comPerformance Shipping Inc. Announces Initiation of Analyst Coverage by Alliance Global Partners (AGP)July 16, 2024 | globenewswire.comPerformance Shipping Inc. Secures Sale and Leaseback Agreement for Previously Announced Newbuild LR2 Aframax TankerJune 6, 2024 | globenewswire.comPerformance Shipping Inc. Secures Charter Contract with Trafigura for LR2 Aframax Tanker, M/T P. AlikiJune 5, 2024 | globenewswire.comPerformance Shipping Inc. Secures Charter Contract With Aramco for About 24 Months at US$41,000 Per DayMay 31, 2024 | investorplace.comPSHG Stock Earnings: Performance Shipping Beats EPS, Beats Revenue for Q1 2024August 22, 2024 | Colonial Metals (Ad)Wanted Dead: PetrodollarThe death of the "petrodollar" seems imminent. And the implications could not be worse for Americans. Russia, China and India have decided to abandon the petrodollar.May 30, 2024 | globenewswire.comPerformance Shipping Inc. Reports Solid Financial Results for the First Quarter Ended March 31, 2024May 12, 2024 | finance.yahoo.comPerformance Shipping Inc. (PSHG)May 7, 2024 | finance.yahoo.comPerformance Shipping Inc. Signs Shipbuilding Contract for the Construction of a Newbuilding LR1 Tanker VesselMay 7, 2024 | globenewswire.comPerformance Shipping Inc. Signs Shipbuilding Contract for the Construction of a Newbuilding LR1 Tanker VesselMarch 28, 2024 | globenewswire.comPerformance Shipping Inc. Announces Filing of 2023 Annual Report on Form 20-FMarch 23, 2024 | thestreet.comPerformance Shipping Inc.March 12, 2024 | globenewswire.comPerformance Shipping Inc. Secures Five-Year Time Charter Contracts With Clearlake for Three Newbuilding Vessels at US$31,000 Per Vessel Per DayMarch 7, 2024 | msn.comPSHG Stock Earnings: Performance Shipping Misses EPS, Beats Revenue for Q4 2023March 7, 2024 | globenewswire.comPerformance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2023See More Headlines Receive PSHG Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Performance Shipping and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings7/25/2024Today8/22/2024Next Earnings (Estimated)11/25/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryTransportation Current SymbolNASDAQ:PSHG CUSIPN/A CIK1481241 Webwww.pshipping.com Phone302166002400Fax30-216-600-2599Employees150Year FoundedN/APrice Target and Rating Average Stock Price Target$6.50 High Stock Price Target$6.50 Low Stock Price Target$6.50 Potential Upside/Downside+229.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$1.65 Trailing P/E Ratio1.19 Forward P/E RatioN/A P/E GrowthN/ANet Income$69.41 million Net Margins62.19% Pretax Margin62.69% Return on Equity24.02% Return on Assets18.19% Debt Debt-to-Equity Ratio0.17 Current Ratio5.61 Quick Ratio5.06 Sales & Book Value Annual Sales$90.83 million Price / Sales0.27 Cash Flow$7.30 per share Price / Cash Flow0.27 Book Value$20.43 per share Price / Book0.10Miscellaneous Outstanding Shares12,280,000Free Float12,227,000Market Cap$24.19 million OptionableNot Optionable Beta-0.32 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.Get This Free Report Key ExecutivesMr. Andreas Nikolaos Michalopoulos (Age 53)MD, CEO, Secretary & Director Mr. Anthony C. Argyropoulos (Age 59)Chief Financial Officer Captain Nikolaos GavalasOperations DirectorAndreas MavrommatisChief AccountantArgyris ChachalisTechnical DirectorAikaterini OikonomeaLegal CounselCaptain Panos ChatzikyriakosHSE DirectorMore ExecutivesKey CompetitorsNavios MaritimeNYSE:NMYatra OnlineNASDAQ:YTRAFreightosNASDAQ:CRGOToroNASDAQ:TOROAir TNASDAQ:AIRTView All CompetitorsInstitutional OwnershipRenaissance Technologies LLCBought 89,109 shares on 8/9/2024Ownership: 1.159%Privium Fund Management UK LtdBought 30,395 shares on 8/2/2024Ownership: 0.245%View All Institutional Transactions PSHG Stock Analysis - Frequently Asked Questions How have PSHG shares performed this year? Performance Shipping's stock was trading at $2.27 on January 1st, 2024. Since then, PSHG stock has decreased by 13.2% and is now trading at $1.97. View the best growth stocks for 2024 here. How were Performance Shipping's earnings last quarter? Performance Shipping Inc. (NASDAQ:PSHG) posted its quarterly earnings data on Thursday, July, 25th. The company reported $0.26 EPS for the quarter, meeting analysts' consensus estimates of $0.26. The business had revenue of $20.51 million for the quarter. Performance Shipping had a net margin of 62.19% and a trailing twelve-month return on equity of 24.02%. When did Performance Shipping's stock split? Performance Shipping's stock reverse split on the morning of Monday, November 14th 2022. The 1-15 reverse split was announced on Monday, November 14th 2022. The number of shares owned by shareholders was adjusted after the market closes on Monday, November 14th 2022. An investor that had 100 shares of stock prior to the reverse split would have 7 shares after the split. Who are Performance Shipping's major shareholders? Top institutional shareholders of Performance Shipping include Renaissance Technologies LLC (1.16%) and Privium Fund Management UK Ltd (0.24%). How do I buy shares of Performance Shipping? Shares of PSHG stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PSHG) was last updated on 8/22/2024 by MarketBeat.com Staff From Our PartnersWhat Is the $7,882 Stimulus Payment 2024?Biden’s government just announced a new government "stimulus program"... 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