Performance Shipping Inc
$ 1.90
-0.52%
20 Apr - close price
- Market Cap 23,745,400 USD
- Current Price $ 1.90
- High / Low $ 1.92 / 1.88
- Stock P/E 1.49
- Book Value 26.02
- EPS 1.28
- Next Earning Report 2026-05-26
- Dividend Per Share N/A
- Dividend Yield 0 %
- Next Dividend Date -
- ROA 0.05 %
- ROE 0.17 %
- 52 Week High 2.58
- 52 Week Low 1.31
About
Performance Shipping Inc., provides ocean freight services through its global tanker ownership. The company is headquartered in Athens, Greece.
Analyst Target Price
$5.75
Quarterly Earnings
| Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | Mar 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2025-12-31 | 2025-11-25 | 2025-07-31 | 2025-05-28 | 2025-02-20 | 2024-11-06 | 2024-07-25 | 2024-05-30 | 2024-03-07 | 2023-11-27 | 2023-07-27 | 2023-06-21 |
| Reported EPS | None | 0.1 | 0.23 | 0.7491 | 0.2368 | 0.32 | 0.26 | 0.29 | 0.63 | 0.27 | 0.4476 | 0.5275 |
| Estimated EPS | 0.265 | 0.26 | 0.28 | 0.275 | 0.275 | 0.25 | 0.26 | 0.26 | 0.69 | 0.28 | None | None |
| Surprise | 0 | -0.16 | -0.05 | 0.4741 | -0.0382 | 0.07 | 0 | 0.03 | -0.06 | -0.01 | 0 | 0 |
| Surprise Percentage | None% | -61.5385% | -17.8571% | 172.4% | -13.8909% | 28% | 0% | 11.5385% | -8.6957% | -3.5714% | None% | None% |
Next Quarterly Earnings
| Mar 2026 | |
|---|---|
| Reported Date | 2026-05-26 |
| Fiscal Date Ending | 2026-03-31 |
| Estimated EPS | |
| Currency | USD |
Previous Dividend Records
| Jan 1970 | Jan 1970 | Jan 1970 | Jan 1970 | Jan 1970 | Jan 1970 | Jan 1970 | Jan 1970 | Jan 1970 | Jan 1970 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | None | None | None | None | None | None | None | None | None | None |
| Amount | $0.01 | $0.0025 | $0.0025 | $0.0025 | $0.0025 | $0.0025 | $0.0025 | $0.0025 | $0.0025 | $0.05 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: PSHG
2026-04-17 03:10:10
Performance Shipping Inc. has secured long-term time charter agreements with Repsol Trading S.A. for two new 158,000 DWT Suezmax tanker newbuilding vessels. These agreements, valued at US$35,000 and US$36,850 daily respectively, will provide significant earnings visibility and cover the majority of the vessels' acquisition costs. The vessels, expected to be delivered in October 2028 and May 2029, are designed to be fuel-efficient and environmentally friendly, meeting IMO Tier III emissions standards.
2026-04-16 20:41:00
Performance Shipping Inc. (NASDAQ: PSHG) has secured long-term time charters with Repsol Trading S.A. for two newbuilding Suezmax tankers, set for delivery in October 2028 and May 2029. These agreements, one for seven years at $35,000/day and another for five years at $36,850/day, significantly increase the company's total fleetwide contracted revenue to approximately $471 million from $317 million. This move is expected to cover most of the vessels' acquisition costs and enhance earnings visibility, with high contracted day coverage extending through 2030.
2026-04-16 13:39:37
Performance Shipping Inc. has secured long-term time charters with Repsol Trading S.A. for two new Suezmax tankers, set for delivery in October 2028 and May 2029. The charters, lasting seven and five years respectively at daily rates of $35,000 and $36,850, significantly boost the company's contracted revenue to $471 million and increase earnings visibility. This move aligns with Performance Shipping's strategy to renew its fleet and secure long-term charter coverage, covering the majority of the vessels' acquisition costs.
2026-04-16 13:30:00
Performance Shipping Inc. has secured long-term time charter agreements with Repsol Trading S.A. for two new Suezmax tanker vessels currently under construction. The agreements, for 7 and 5 years respectively, will significantly increase the company's contracted revenue to approximately $471 million and cover most of the vessels' acquisition costs. This move also means nearly all of Performance Shipping's modern vessels are now under long-term contracts, enhancing financial stability in a tight tanker market.
2026-04-15 06:10:11
Performance Shipping Inc. is selling its 2010-built Aframax tanker M/T P. Aliki to Trafigura Maritime Logistics Pte. Ltd. for $42.65 million. This sale is part of the company's fleet renewal strategy, which aims to decrease the average age of its vessels and increase its cash reserves to fund newbuilding orders. The company expects its cash reserves to grow significantly, supporting the construction of two Suezmax tanker vessels.
2026-04-14 21:10:11
Performance Shipping Inc. announced it will sell its 2010-built Aframax tanker M/T P. Aliki for US$42.65 million to Trafigura Maritime Logistics, with delivery expected in late Q3 2026. This sale is part of the company's fleet renewal strategy, helping reduce the average age of its tankers and providing funds for two new Suezmax vessels due in 2028 and 2029. The transaction will also allocate approximately US$12.8 million from the proceeds to repay a credit facility with Alpha Bank.
