Performance Shipping Inc. (PSHG)

Market Cap	22.00M
Revenue (ttm)	89.61M
Net Income (ttm)	57.15M
Shares Out	12.43M
EPS (ttm)	1.51
PE Ratio	1.16
Forward PE	1.62
Dividend	n/a
Ex-Dividend Date	n/a

Volume	76,283
Open	1.740
Previous Close	1.750
Day's Range	1.730 - 1.850
52-Week Range	1.700 - 2.580
Beta	0.18
Analysts	Strong Buy
Price Target	6.50 (+267.23%)
Earnings Date	Nov 7, 2024

About PSHG

Performance Shipping Inc. provides shipping transportation services through its tanker vessels worldwide. As of December 31, 2023, its fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT. The company was incorporated in 2010 and is based in Athens, Greece.

• Industry: Marine Shipping
• Sector: Industrials
• Founded: 2010
• Employees: 209
• Stock Exchange: NASDAQ
• Ticker Symbol: PSHG
• Website: https://www.pshipping.com

Financial Performance

In 2023, Performance Shipping's revenue was $108.94 million, an increase of 44.92% compared to the previous year's $75.17 million. Earnings were $56.92 million, an increase of 374.25%.

Analyst Forecast

According to one analyst, the rating for PSHG stock is "Strong Buy" and the 12-month stock price forecast is $6.5.

Price Target

$6.5

(267.23% upside)

Analyst Consensus: Strong Buy