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Performance Shipping Inc. logo

Performance Shipping Inc.

PSHG

NASDAQIndustrialsMarine Shipping

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Previous close

$1.78

+$0.09 · +5.33%

Aug 21, 4:00 PM ET

PSHG company overview

Regular session · ET · Market data may be delayed.

GoAI snapshot

AI-powered factor overview

Jul 10, 2026

GoAI score

Hold

Wait — insufficient conviction to act

Valuation

74

Undervalued

Momentum

28

Weakening

Sentiment

61

Bullish

Risk resilience

49

Elevated Risk

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Thesis, catalysts, evidence, and risk analysis.

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AI-generated, informational only, and not investment advice.

Company profile

Company website

Performance Shipping Inc. delivers global maritime transportation solutions through its subsidiaries, primarily by owning and operating a fleet of tanker vessels. The company currently possesses five Aframax tanker vessels, which collectively offer a significant carrying capacity of 546,094 deadweight tons (dwt). Established in 2010, its headquarters are located in Athens, Greece.

Industry
Marine Shipping
Sector
Industrials
Headquarters
GR
CEO
Andreas Nikolaos Michalopoulos
Listed since
Jan 3, 2011
Employees
292

Market position

Day range

Current $1.78

52-week range

Current $1.78

Open
$1.80
Previous close
$1.69
Volume
52.79K
1.08× average
Average volume
48.87K
Average daily volume
Market cap
22.13M USD
Beta
-0.15
Market reference 1
50-day average
$1.7308
+2.84% above average
200-day average
$1.9612
-9.24% below average

Financials

Financial snapshot

Latest / TTM

Valuation & yield

Enterprise value
200.71M USD
P/E (TTM)
0.69×
P/B (TTM)
0.06×
P/S (TTM)
0.2×
EV / EBITDA
2.84×
Earnings yield
188.72%
Free cash flow yield
-874.08%
Dividend yield
0.00%

Profitability & efficiency

Gross margin
60.07%
Operating margin
41.85%
Net margin
29.70%
Return on equity
15.45%
Return on assets
8.93%
Return on invested capital
5.97%

Financial health

Debt / equity
0.9×
Current ratio
2.22×
Altman Z-score
0.72
Piotroski F-score
5 of 9

Financial statements

Margin trends

Profitability as a percentage of reported revenue.

Gross marginOperating marginNet margin
Gross, operating, and net margin trends79%41%2%-36%Gross margin, FY2021: 13.66%Gross margin, FY2022: 61.84%Gross margin, FY2023: 62.35%Gross margin, FY2024: 57.31%Gross margin, FY2025: 50.26%Operating margin, FY2021: -23.18%Operating margin, FY2022: 53.19%Operating margin, FY2023: 69.34%Operating margin, FY2024: 47.82%Operating margin, FY2025: 38.71%Net margin, FY2021: -26.60%Net margin, FY2022: 15.97%Net margin, FY2023: 63.72%Net margin, FY2024: 50.01%Net margin, FY2025: 59.37%FY2021FY2022FY2023FY2024FY2025
Gross margin FY2021 13.66%. Gross margin FY2022 61.84%. Gross margin FY2023 62.35%. Gross margin FY2024 57.31%. Gross margin FY2025 50.26%. Operating margin FY2021 -23.18%. Operating margin FY2022 53.19%. Operating margin FY2023 69.34%. Operating margin FY2024 47.82%. Operating margin FY2025 38.71%. Net margin FY2021 -26.60%. Net margin FY2022 15.97%. Net margin FY2023 63.72%. Net margin FY2024 50.01%. Net margin FY2025 59.37%.

Income trends

Revenue

84.17M USD-3.74%

Operating income

32.58M USD-22.08%

Net income

49.97M USD+14.28%
Income trends across reported periods120.8M USD73.34M USD25.89M USD−21.57M USDRevenue, FY2021: 36.49M USDRevenue, FY2022: 75.17M USDRevenue, FY2023: 108.94M USDRevenue, FY2024: 87.45M USDRevenue, FY2025: 84.17M USDOperating income, FY2021: −8.46M USDOperating income, FY2022: 39.98M USDOperating income, FY2023: 75.54M USDOperating income, FY2024: 41.81M USDOperating income, FY2025: 32.58M USDNet income, FY2021: −9.71M USDNet income, FY2022: 12M USDNet income, FY2023: 69.41M USDNet income, FY2024: 43.73M USDNet income, FY2025: 49.97M USDFY2021FY2022FY2023FY2024FY2025
Revenue FY2021 36.49M USD. Revenue FY2022 75.17M USD. Revenue FY2023 108.94M USD. Revenue FY2024 87.45M USD. Revenue FY2025 84.17M USD. Operating income FY2021 −8.46M USD. Operating income FY2022 39.98M USD. Operating income FY2023 75.54M USD. Operating income FY2024 41.81M USD. Operating income FY2025 32.58M USD. Net income FY2021 −9.71M USD. Net income FY2022 12M USD. Net income FY2023 69.41M USD. Net income FY2024 43.73M USD. Net income FY2025 49.97M USD.
Metric (USD)FY2025FY2024FY2023FY2022FY2021
Revenue84.17M USD87.45M USD108.94M USD75.17M USD36.49M USD
Cost of goods sold41.86M USD37.33M USD41.02M USD28.69M USD31.51M USD
Gross profit42.31M USD50.11M USD67.92M USD46.48M USD4.99M USD
Selling, general, and administrative9.7M USD8.3M USD8.01M USD6.75M USD5.78M USD
Operating expenses9.73M USD8.3M USD−7.61M USD6.5M USD13.45M USD
Interest income4.83M USD3.26M USD3.3M USD284K USD18K USD
Interest expense5.64M USD1.35M USD9.6M USD3.97M USD1.8M USD
Depreciation and amortization15.08M USD14.22M USD14.79M USD——
Operating income32.58M USD41.81M USD75.54M USD39.98M USD−8.46M USD
Net income49.97M USD43.73M USD69.41M USD12M USD−9.71M USD

Company facts updated Aug 24, 2026.

Earnings

EPS beat rate
55%
6 beats, 5 misses, 0 met estimates
Average EPS surprise
+22.82%
11 comparable reports
Latest EPS result
0.37
Estimate 0.52 · Miss by 28.16%

EPS: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly EPS actual values compared with estimates0.810.570.330.09Q1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26MissQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 0.25, estimate 0.28, surprise -10.71%, Miss. Q2 2025, reported May 27, 2025: actual 0.76, estimate 0.205, surprise +270.73%, Beat. Q3 2025, reported Jul 30, 2025: actual 0.23, estimate 0.187, surprise +23.32%, Beat. Q4 2025, reported Nov 25, 2025: actual 0.1, estimate 0.24, surprise -58.33%, Miss. Q1 2026, reported Mar 4, 2026: actual 0.19, estimate 0.17, surprise +11.76%, Beat. Q2 2026, reported May 26, 2026: actual 0.26, estimate 0.224, surprise +16.12%, Beat. Q3 2026, reported Jul 29, 2026: actual 0.37, estimate 0.515, surprise -28.16%, Miss. Q4 2026, reported Nov 11, 2026: actual —, estimate 0.49, surprise —, Comparison unavailable.

Revenue: actual versus estimate

Recent quarterly results

ActualEstimate
Quarterly Revenue actual values compared with estimates36.06M29.29M22.51M15.73MQ1 '25MissQ2 '25BeatQ3 '25BeatQ4 '25MissQ1 '26BeatQ2 '26BeatQ3 '26BeatQ4 '26Estimate
Q1 2025, reported Feb 20, 2025: actual 21.68M USD, estimate 22.35M USD, surprise -2.99%, Miss. Q2 2025, reported May 27, 2025: actual 21.33M USD, estimate 19.6M USD, surprise +8.82%, Beat. Q3 2025, reported Jul 30, 2025: actual 18.14M USD, estimate 17.14M USD, surprise +5.87%, Beat. Q4 2025, reported Nov 25, 2025: actual 18.54M USD, estimate 18.6M USD, surprise -0.33%, Miss. Q1 2026, reported Mar 4, 2026: actual 26.16M USD, estimate 23.57M USD, surprise +10.97%, Beat. Q2 2026, reported May 26, 2026: actual 33.77M USD, estimate 31.48M USD, surprise +7.28%, Beat. Q3 2026, reported Jul 29, 2026: actual 34.66M USD, estimate 32.33M USD, surprise +7.19%, Beat. Q4 2026, reported Nov 11, 2026: actual —, estimate 28.57M USD, surprise —, Comparison unavailable.

Analyst ratings

Third-party consensus; not a GoAI recommendation.

Rating distribution

7 ratings
Strong buy00%
Buy457%
Hold00%
Sell343%
Strong sell00%

PSHG news

globenewswire.com

Performance Shipping Inc. Reports Financial Results For The Second Quarter and Six Months Ended June 30, 2026

ATHENS, Greece, July 29, 2026 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today reported net income of…

Read source
defenseworld.net

Performance Shipping (PSHG) Projected to Release Earnings on Thursday

Performance Shipping (NASDAQ: PSHG - Get Free Report) is anticipated to issue its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to announce earnings of $0.5150 per share and…

Read source
globenewswire.com

Performance Shipping Inc. Announces Completion of Sale and Delivery of M/T P. Sophia to New Owners

ATHENS, Greece, July 15, 2026 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“Performance Shipping” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today…

Read source
globenewswire.com

Performance Shipping Inc. Extends Time Charter for Aframax Tanker M/T Blue Moon for Two Years at the Average Rate of US$40,500 per Day

ATHENS, Greece, July 14, 2026 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through…

Read source
globenewswire.com

Performance Shipping Inc. Secures Substantially Improved Terms and Extension of Existing Nordea Bank Facility

ATHENS, Greece, July 08, 2026 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through…

Read source
globenewswire.com

Performance Shipping Inc. Extends Time Charter for M/T Briolette with Aramco Trading at US$37,700 Per Day for Three Years

ATHENS, Greece, July 06, 2026 (GLOBE NEWSWIRE) -- Performance Shipping Inc. (NASDAQ: PSHG) (“we” or the “Company”), a global shipping company specializing in the ownership of tanker vessels, today announced that, through…

Read source

Corporate actions

Annual dividends per share

Cash distributions grouped by calendar year; partial years are marked.

$8,890.56

2015 complete year-98.8% since 2012

Corporate action history

Dividend

Ex-dividend Oct 29, 2020

$0.01

Special

Record Oct 30, 2020 · Payment Nov 9, 2020

Dividend

Ex-dividend May 26, 2016

$0.021

Quarterly

Record May 31, 2016 · Payment Jun 15, 2016

Dividend

Ex-dividend Mar 11, 2016

$0.021

Quarterly

Record Mar 15, 2016 · Payment Mar 30, 2016

Dividend

Ex-dividend Nov 20, 2015

$0.021

Quarterly

Record Nov 24, 2015 · Payment Dec 9, 2015

Dividend

Ex-dividend Aug 14, 2015

$0.021

Quarterly

Record Aug 18, 2015 · Payment Sep 9, 2015

Dividend

Ex-dividend May 21, 2015

$0.021

Quarterly

Record May 26, 2015 · Payment Jun 10, 2015

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