Diana Shipping (NYSE:DSX – Get Free Report) and Okeanis Eco Tankers (NYSE:ECO – Get Free Report) are both small-cap transportation companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, earnings, analyst recommendations, profitability, institutional ownership, valuation and risk.
Profitability
This table compares Diana Shipping and Okeanis Eco Tankers’ net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Diana Shipping | 5.36% | 4.42% | 1.89% |
| Okeanis Eco Tankers | 29.25% | 27.19% | 10.14% |
Dividends
Diana Shipping pays an annual dividend of $0.04 per share and has a dividend yield of 2.2%. Okeanis Eco Tankers pays an annual dividend of $1.76 per share and has a dividend yield of 9.2%. Diana Shipping pays out 133.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Okeanis Eco Tankers pays out 48.5% of its earnings in the form of a dividend. Okeanis Eco Tankers is clearly the better dividend stock, given its higher yield and lower payout ratio.
Analyst Ratings
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Diana Shipping | 0 | 1 | 0 | 0 | 2.00 |
| Okeanis Eco Tankers | 0 | 0 | 1 | 0 | 3.00 |
Diana Shipping currently has a consensus target price of $3.00, indicating a potential upside of 61.73%. Okeanis Eco Tankers has a consensus target price of $44.00, indicating a potential upside of 129.29%. Given Okeanis Eco Tankers’ stronger consensus rating and higher probable upside, analysts clearly believe Okeanis Eco Tankers is more favorable than Diana Shipping.
Insider and Institutional Ownership
48.7% of Diana Shipping shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a stock will outperform the market over the long term.
Valuation and Earnings
This table compares Diana Shipping and Okeanis Eco Tankers”s gross revenue, earnings per share (EPS) and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Diana Shipping | $231.15 million | 1.00 | $49.84 million | $0.03 | 61.83 |
| Okeanis Eco Tankers | $399.71 million | 1.55 | $145.25 million | $3.63 | 5.29 |
Okeanis Eco Tankers has higher revenue and earnings than Diana Shipping. Okeanis Eco Tankers is trading at a lower price-to-earnings ratio than Diana Shipping, indicating that it is currently the more affordable of the two stocks.
Summary
Okeanis Eco Tankers beats Diana Shipping on 12 of the 14 factors compared between the two stocks.
About Diana Shipping
Diana Shipping Inc. provides shipping transportation services. The company transports a range of dry bulk cargoes, including commodities, such as iron ore, coal, grain, and other materials in shipping routes worldwide. As of March 1, 2024, it operated a fleet of 38 dry bulk vessels, including 4 Newcastlemax, 8 Capesize, 5 Post-Panamax, 6 Kamsarmax, 9 Ultramax, and 6 Panamax. The company was formerly known as Diana Shipping Investments Corp. and changed its name to Diana Shipping Inc. in February 2005. Diana Shipping Inc. was incorporated in 1999 and is based in Athens, Greece.
About Okeanis Eco Tankers
Okeanis Eco Tankers Corp., a shipping company, owns and operates tanker vessels worldwide. It operates a fleet of 14 tanker vessels comprising six modern Suezmax tankers and eight modern VLCC tankers focusing on the transportation of crude oil. The company was incorporated in 2018 and is based in Neo Faliro, Greece.
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