Breaking News
Get 40% Off 0
👀 👁 🧿 All eyes on Biogen, up +4,56% after posting earnings. Our AI picked it in March 2024.
Which stocks will surge next?
Unlock AI-picked Stocks
Close

Performance Shipping Inc (PSHG)

Create Alert
New!
Create Alert
Website
  • As an alert notification
  • To use this feature, make sure you are signed-in to your account
Mobile App
  • To use this feature, make sure you are signed-in to your account
  • Make sure you are signed-in with the same user profile

Condition

Frequency

Once
%

Frequency

Frequency

Follow Performance Shipping's earnings

Delivery Method

Status

Add to/Remove from Watchlist Add to Watchlist
Add to Watchlist
Add Position

Position added successfully to:

Please name your holdings portfolio
 
2.0000 -0.0100    -0.50%
10:27:34 - Real-time Cboe. Currency in USD ( Disclaimer )
Type:  Equity
Market:  United States
  • Volume: 12,383
  • Bid/Ask: 0.0000 / 0.0000
  • Day's Range: 1.9750 - 2.0100
Performance Shipping 2.0000 -0.0100 -0.50%

NASDAQ:PSHG Financials

 
A brief overview of the NASDAQ:PSHG financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Diana Containerships over time.

Performance Shipping Inc. reported earnings results for the fourth quarter ended December 31, 2023. For the fourth quarter, the company reported sales was USD 23.84 million compared to USD 27.77 million a year ago. Net income was USD 24.96 million compared to USD 23.84 million a year ago. Basic earnings per share from continuing operations was USD 2.03 compared to USD 2.31 a year ago. Diluted earnings per share from continuing operations was USD 0.63 compared to USD 1.18 a year ago.

AnnualQuarterly  
InvestingPro Advanced Financial Summary
TTM = Trailing Twelve Months
MRQ = Most Recent Quarter

PSHG Income Statement

Gross margin TTM 75.93%
Operating margin TTM 55%
Net Profit margin TTM 52.25%
Return on Investment TTM 18.44%
 Total Revenue  Net Income
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Revenue 23.84 24.11 31.46 29.53
Gross Profit 16.7 17.87 25.29 22.84
Operating Income 10.56 12.04 19.8 17.51
Net Income 12.47 10.37 18.39 15.7

PSHG Balance Sheet

Quick Ratio MRQ 4.92
Current Ratio MRQ 5.21
LT Debt to Equity MRQ 20.35%
Total Debt to Equity MRQ 23.58%
 Total Assets  Total Liabilities
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Total Assets 296.27 332.04 325.63 314
Total Liabilities 63.08 122.67 126.59 131.87
Total Equity 233.18 209.37 199.04 182.13

PSHG Cash Flow Statement

Cash Flow/Share TTM 5.58
Revenue/Share TTM 8.95
Operating Cash Flow  0.00%
 Cash  Net Change in Cash
Period Ending: Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023
Period Length: 0 Months 0 Months 0 Months 0 Months
Cash From Operating Activities
Cash From Investing Activities
Cash From Financing Activities
Net Change in Cash
* In Millions of USD (except for per share items)
InvestingPro
Go to Dashboard InvestingPro

Unlock access to over 1000 metrics with InvestingPro

View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

 
Comment Guidelines

We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:  

  •            Enrich the conversation, don’t trash it.

  •           Stay focused and on track. Only post material that’s relevant to the topic being discussed. 

  •           Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.

  • Use standard writing style. Include punctuation and upper and lower cases. Comments that are written in all caps and contain excessive use of symbols will be removed.
  • NOTE: Spam and/or promotional messages and comments containing links will be removed. Phone numbers, email addresses, links to personal or business websites, Skype/Telegram/WhatsApp etc. addresses (including links to groups) will also be removed; self-promotional material or business-related solicitations or PR (ie, contact me for signals/advice etc.), and/or any other comment that contains personal contact specifcs or advertising will be removed as well. In addition, any of the above-mentioned violations may result in suspension of your account.
  • Doxxing. We do not allow any sharing of private or personal contact or other information about any individual or organization. This will result in immediate suspension of the commentor and his or her account.
  • Don’t monopolize the conversation. We appreciate passion and conviction, but we also strongly believe in giving everyone a chance to air their point of view. Therefore, in addition to civil interaction, we expect commenters to offer their opinions succinctly and thoughtfully, but not so repeatedly that others are annoyed or offended. If we receive complaints about individuals who take over a thread or forum, we reserve the right to ban them from the site, without recourse.
  • Only English comments will be allowed.
  • Any comment you publish, together with your investing.com profile, will be public on investing.com and may be indexed and available through third party search engines, such as Google.

Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.

PSHG Comments

Write your thoughts about Performance Shipping Inc
 
Are you sure you want to delete this chart?
 
Post
Post also to:
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Thanks for your comment. Please note that all comments are pending until approved by our moderators. It may therefore take some time before it appears on our website.
Kimmo Myyrä
Kimmo Myyrä Nov 09, 2023 4:45AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Did anyone sell stocks to George ? Offer was 3 dollars / share.
Kimmo Myyrä
Kimmo Myyrä Aug 28, 2023 10:28AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
We will have some dividens soon.
Kimmo Myyrä
Kimmo Myyrä Aug 18, 2023 1:46PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
I played all in. Lets see what happens. So far so good.
Kimmo Myyrä
Kimmo Myyrä Aug 16, 2023 3:55PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Good results and hopefully they now understand, that they cant change amount of share, when they need cash.
Meru Pet
Meru Pet Aug 16, 2023 3:55PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
correction: they can't push too much the limit... too often
Meru Pet
Meru Pet Aug 14, 2023 11:34PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
what happened to them? did they find money?
Meru Pet
Meru Pet Apr 04, 2023 9:57AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
Performance Shipping Inc. Announces US$2.0 Million Share Buyback Plan
Xoana Flores
Xoana Flores Apr 04, 2023 9:57AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
you still here? we ever see 2 usd again?
Meru Pet
Meru Pet Apr 04, 2023 9:57AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
with what information should I answer?
Meru Pet
Meru Pet Dec 09, 2022 2:04PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
new loan facility 🙄
Meru Pet
Meru Pet Nov 18, 2022 10:45PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
as long as the preferred shares are paid...
Meru Pet
Meru Pet Nov 16, 2022 9:23PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
let's defend the company 2 minutes: they diluted the shares but it was to acquire tankers that are now 20% more expensive (35M vs 42M). After RS the eps diluted should be at .6. It is still not bad...
Meru Pet
Meru Pet Nov 16, 2022 9:23PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
or is it a tankeromania, where everyone buys an expensive old tanker instead of contacting mr Hyundai?
Meru Pet
Meru Pet Nov 16, 2022 9:23PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
according to a chart from allied shipbroking on Hellenic shipping news, a new aframax tanker is about 65M. If i provide a aframax tanker for 35 000 a day during 200 days. That makes 7M a year . So pshg buys a new Aframax 9 years old for 43.7M. You need to do less than 2.36M of benefit (on the 7 millions) to make it interesting....
Meru Pet
Meru Pet Nov 16, 2022 9:23PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
if i use the results of june, and for 6 tankers. It still makes sense. (roughly calculated).
Meru Pet
Meru Pet Nov 16, 2022 9:23PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
the situation is the following: or i invest to buy 2nd hand tankers to get bigger and make more money, while the future may change (less demand on the lifetime of the tanker). Side effect: you don't care about the shareholders, it makes the value of the shares drop. Or i don't grow that much and i do some shares buybacks. It boost the value of the shares and the capitalisation can be used later to buy a tanker while their prices if cheaper (it won't stay like that the 25 years of the lifetime of the tanker, especially if there is a recession and the price of the starting materials drop). Ecologists or not, if it is cheaper to buy new, there will be more tankers if there are needed ...
Meru Pet
Meru Pet Nov 16, 2022 9:23PM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
(personally, i am out)
Meru Pet
Meru Pet Nov 15, 2022 10:12AM ET
Saved. See Saved Items.
This comment has already been saved in your Saved Items
someone wants to buy 8 tankers for half of the price of one ?
 
Are you sure you want to delete this chart?
 
Post
 
Replace the attached chart with a new chart ?
1000
Your ability to comment is currently suspended due to negative user reports. Your status will be reviewed by our moderators.
Please wait a minute before you try to comment again.
Add Chart to Comment
Confirm Block

Are you sure you want to block %USER_NAME%?

By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.

%USER_NAME% was successfully added to your Block List

Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.

Report this comment

I feel that this comment is:

Comment flagged

Thank You!

Your report has been sent to our moderators for review
Continue with Google
or
Sign up with Email