2024-07-02 06:29:29 ET
Summary
- Diana Shipping is currently the cheapest bulker stock with a 50% discount, likely to decrease as earnings improve and the dividend is maintained.
- Despite some management concerns, my fair value estimate is around $4 per share, about 40% potential upside.
- The company specializes in dry bulk vessel ownership, with a fleet of 40 ships and a conservative chartering strategy.
Investment Thesis
Read the full article on Seeking Alpha
For further details see:
Diana Shipping: The Cheapest Bulker With Downside Protection And A Great Technical Setup