Performance Shipping Inc. (PSHG)

NASDAQ: PSHG · IEX Real-Time Price · USD
0.313
+0.003 (1.07%)
At close: Aug 18, 2022 4:00 PM
0.318
+0.004 (1.405%)
After-hours: Aug 18, 2022 7:59 PM EDT
1.07%
Market Cap 19.01M
Revenue (ttm) 44.25M
Net Income (ttm) -12.02M
Shares Out 60.73M
EPS (ttm) -1.93
PE Ratio n/a
Forward PE 2.24
Dividend n/a
Ex-Dividend Date n/a
Volume 6,688,004
Open 0.330
Previous Close 0.310
Day's Range 0.310 - 0.330
52-Week Range 0.230 - 6.100
Beta 0.60
Analysts Buy
Price Target 6.12 (+1,854.6%)
Earnings Date Aug 5, 2022

About PSHG

Performance Shipping Inc., through its subsidiaries, provides shipping transportation services through its ownership of tanker vessels worldwide. It owned and operated five Aframax tanker vessels with a combined carrying capacity of 546,094 dwt. The company was incorporated in 2010 and is based in Athens, Greece. [Read more...]

Industry Marine Shipping
Founded 2010
CEO Simeon Palios
Employees 152
Stock Exchange NASDAQ
Ticker Symbol PSHG
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 7 analysts, the average rating for PSHG stock is "Buy." The 12-month stock price forecast is 6.12, which is an increase of 1,854.65% from the latest price.

Price Target
$6.12
(1,854.65% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Performance Shipping Inc. Announces Pricing of $15 Million Registered Direct Offering

ATHENS, Greece, Aug. 12, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced t...

Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2022

ATHENS, Greece, Aug. 04, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today repor...

Performance Shipping Inc. Announces Time Charter Contract for M/T Blue Moon With Teekay

ATHENS, Greece, July 28, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced t...

Performance Shipping Inc. Announces Pricing of $5.95 Million Registered Direct Offering and Concurrent Private Placement

ATHENS, Greece, July 18, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced t...

Performance Shipping Inc. Announces Receipt of Nasdaq Notice

ATHENS, Greece, July 18, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today anno...

Performance Shipping Inc. Announces Delivery of the Aframax Tanker Vessel “P. Sophia”

ATHENS, Greece, July 05, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today anno...

Performance Shipping Inc. Announces New Loan Facility With Piraeus Bank S.A. to Finance Acquisition of Sixth Aframax ...

ATHENS, Greece, July 01, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today anno...

Performance Shipping Inc. Reports Financial Results for the First Quarter Ended March 31, 2022

ATHENS, Greece, June 29, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a ne...

Performance Shipping Inc. Announces Agreement to Acquire Sixth Aframax Tanker

ATHENS, Greece, June 21, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), ("we" or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today anno...

Performance Shipping Inc. Issues 2021 Sustainability Report

ATHENS, Greece, June 02, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced th...

Performance Shipping Inc. Announces Pricing of $8.0 Million Underwritten Public Offering

ATHENS, Greece, May 27, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today the ...

Performance Shipping Inc. Announces Filing of 2021 Annual Report on Form 20-F

ATHENS, Greece, March 11, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced t...

Performance Shipping Inc. Announces Results of 2022 Annual General Meeting of Shareholders

ATHENS, Greece, March 02, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today t...

Performance Shipping Inc. (PSHG) Reports Q4 Loss, Tops Revenue Estimates

Performance Shipping Inc. (PSHG) delivered earnings and revenue surprises of -5.13% and 7.75%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Performance Shipping Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2021

ATHENS, Greece, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a ne...

Performance Shipping Inc. Announces The Final Results Of Its Offer To Exchange Up To 4,066,181 Common Shares For Shar...

ATHENS, Greece, Feb. 04, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today th...

Performance Shipping Inc. Announces the Preliminary Results of Its Offer to Exchange up to 4,066,181 Common Shares fo...

ATHENS, Greece, Jan. 28, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today th...

Performance Shipping Inc. Announces Date for its 2022 Annual General Meeting of Shareholders and Proposed Changes to ...

ATHENS, Greece, Jan. 21, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today th...

Performance Shipping Inc. Announces Extension of Its Offer to Exchange up to 4,066,181 Common Shares for Shares of Se...

ATHENS, Greece, Jan. 12, 2022 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today th...

Performance Shipping Inc. Commences Offer to Exchange Up to 4,066,181 Common Shares for Shares of Series B Convertibl...

ATHENS, Greece, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today th...

Performance Shipping Inc. Adopts Shareholders' Rights Agreement

ATHENS, Greece, Dec. 20, 2021 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG), (the “Company”), a global shipping company specializing in the ownership of tanker vessels, announced today th...

Shipping on Wall Street: Is it better to be a pure play or jack of all trades?

Should a public shipping company be a pure play — owning just tankers, containers, bulkers or gas carriers — or should it do as the traditional private family shipowners do, and own a mixed fleet? The a...

Performance Shipping Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2021

ATHENS, Greece, Nov. 09, 2021 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a ne...

Analysts Estimate Performance Shipping Inc. (PSHG) to Report a Decline in Earnings: What to Look Out for

Performance Shipping Inc. (PSHG) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Performance Shipping Inc. Reports Financial Results for the Second Quarter and Six-Months Ended June 30, 2021

ATHENS, Greece, July 30, 2021 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported a ne...