Zacks: Brokerages Expect Diana Containerships Inc. (DCIX) to Post -$232.31 Earnings Per Share
Equities analysts expect Diana Containerships Inc. (NASDAQ:DCIX) to report ($232.31) earnings per share for the current quarter, according to Zacks Investment Research. Zero analysts have made estimates for Diana Containerships’ earnings. Diana Containerships posted earnings per share of ($252.81) during the same quarter last year, which would indicate a positive year-over-year growth rate of 8.1%. The business is expected to announce its next earnings results on Thursday, November 16th.
According to Zacks, analysts expect that Diana Containerships will report full year earnings of ($949.39) per share for the current fiscal year. For the next financial year, analysts forecast that the business will post earnings of ($449.91) per share. Zacks’ EPS calculations are an average based on a survey of sell-side research analysts that cover Diana Containerships.
Diana Containerships (NASDAQ:DCIX) last issued its earnings results on Tuesday, July 25th. The shipping company reported ($137.34) earnings per share for the quarter, beating the Zacks’ consensus estimate of ($246.96) by $109.62. Diana Containerships had a negative return on equity of 27.46% and a negative net margin of 467.42%. The firm had revenue of $5.50 million for the quarter, compared to analysts’ expectations of $6.80 million. During the same quarter last year, the firm earned ($36.96) earnings per share. The firm’s revenue for the quarter was down 31.3% compared to the same quarter last year.
In other Diana Containerships news, insider Gyllenhammar Ab Peter sold 180,000 shares of the business’s stock in a transaction on Tuesday, July 25th. The shares were sold at an average price of $0.63, for a total transaction of $113,400.00. Following the completion of the transaction, the insider now owns 350,000 shares of the company’s stock, valued at approximately $220,500. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink.
A hedge fund recently raised its stake in Diana Containerships stock. KCG Holdings Inc. boosted its position in Diana Containerships Inc. (NASDAQ:DCIX) by 213.6% during the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 189,285 shares of the shipping company’s stock after buying an additional 128,930 shares during the period. KCG Holdings Inc. owned about 2.02% of Diana Containerships worth $246,000 as of its most recent filing with the SEC. 64.98% of the stock is owned by institutional investors.
Diana Containerships (DCIX) opened at 0.56 on Friday. Diana Containerships has a one year low of $0.51 and a one year high of $7,694.36. The company has a 50-day moving average price of $7.22 and a 200-day moving average price of $236.21. The firm’s market cap is $25760.00.
About Diana Containerships
Diana Containerships Inc is a holding company. The Company, through its subsidiaries, is engaged in the ownership of containerships. As of December 31, 2016, the Company’s fleet consisted of six panamax and six post-panamax containerships with a combined carrying capacity of 61,517 twenty-foot equivalent unit (TEU).
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Stock Ratings for Diana Containerships Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Diana Containerships Inc. and related stocks with our FREE daily email newsletter.