Performance Shipping Target Price for 2026

Performance Shipping

NasdaqCM:PSHG

$ 1,83

$-0,08 (-4,19%)

1,83 $

$-0,08 (-4,19%)

End-of-day quote: 03/27/2026

Performance Shipping Stock Value

According to analysts, the current valuation of NasdaqCM:PSHG is Buy.

Buy

Performance Shipping Company Info

EPS Growth 5Y

0,00%

Market Cap

$0,02 B

Long-Term Debt

$0,22 B

Quarterly earnings

05/30/2026 (E)

Dividend

$0,00

Dividend Yield

0,00%

Founded

2010

Industry

Industrials

Country

Greece

Website

Performance Shipping

ISIN Number

MHY673051543

Website

http://www.pshipping.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$5,75

214.21%

Last Update: 03/30/2026

Analysts: 2

Highest Price Target $6,50

Average Price Target $5,75

Lowest Price Target $5,00

In the last five quarters, Performance Shipping’s Price Target has risen from $5,00 to $5,00 - a 0,00% increase.

Top growth stocks in the industrials sector (5Y.)

What does Performance Shipping do?

Performance Shipping Inc. provides global shipping transportation services through the ownership of tanker vessels. As of December 31, 2023, the company’s fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT and a weighted average age of approximately 12.9 years, and also one newbuild LR2/Aframax tanker vessel of which its expects to take delivery in the fourth quarter of 2025, and two newbuild LR2 Aframax product/crude oil tanker vessels of which it...

Performance Shipping Inc. provides global shipping transportation services through the ownership of tanker vessels.

As of December 31, 2023, the company’s fleet consisted of seven Aframax tanker vessels with a combined carrying capacity of 735,910 DWT and a weighted average age of approximately 12.9 years, and also one newbuild LR2/Aframax tanker vessel of which its expects to take delivery in the fourth quarter of 2025, and two newbuild LR2 Aframax product/crude oil tanker vessels of which it expects to take delivery in January and April of 2026, respectively. The company operates its fleet through Unitized Ocean Transport Limited (the Manager or UOT), a wholly-owned subsidiary.

Strategy

The company intends to operate a fleet of modern, high specification tanker vessels that include high cargo-carrying capacity and competitive fuel efficiency. As it grows its fleet, the company intends to continue acquiring secondhand vessels built in well-established shipyards in South Korea, Japan, and China with high specifications and fuel efficiency standards. The company intends to grow our fleet over time primarily through selective acquisitions of secondhand vessels. The company focuses on renewing its fleet as its vessels age. The company plans to acquire younger vessels as it disposes of its older ones to continuously renew and replace its fleet. The company expects to grow its fleet primarily through selective acquisitions of secondhand tanker vessels from unaffiliated third parties. The company may acquire vessels upon their delivery from the shipyard or may enter into newbuilding contracts opportunistically. During 2023, the company has entered into three shipbuilding contracts for the construction of three Aframax product/crude oil tanker vessels with scheduled deliveries from October 2025 to April 2026.

Customers

The company’s customers include national, regional, and international companies, such as Aramco Trading Company, Dhahran, Saudi Arabia, BP Singapore PTE LTD, Reliance Industries Limited, Nayara Energy Limited, Trafigura. In 2023, four of the company’s charterers accounted for 84% of its revenues: ST Shipping Transport (28%), Aramco Trading Company (11%), Signal Maritime Aframax Pool LTD (13%) and Penfield Tankers (Aframax) LLC (32%).

Seasonality

The company operates its vessels in markets that have historically exhibited seasonal variations in demand and, as a result, charter rates.

Environmental and Other Regulations in the Shipping Industry

A variety of government and private entities subject the company's vessels to both scheduled and unscheduled rigorous inspections. These entities include the local port authorities (applicable national authorities, such as the Ports State Controls (PSC) or the United States Coast Guard (USCG), harbor master or equivalent), classification societies, flag state administrations (countries of registry), and particularly the charterers through the SIRE inspection regime and terminal inspections.

The company's vessels are in substantial compliance with the Safety of Life at Sea of 1974 (SOLAS) and the Convention of Limitation of Liability for Maritime Claims (LLMC) standards.

Under Chapter IX of the SOLAS Convention, or the International Safety Management Code for the Safe Operation of Ships and for Pollution Prevention (the 'ISM Code'), the company's operations are also subject to environmental standards and requirements.

The company has obtained applicable documents of compliance for its offices and safety management certificates for all of its vessels for which the certificates are required by the IMO (International Maritime Organization, the United Nations agency for maritime safety and the prevention of pollution by vessels).

All of the company's vessels have obtained Anti-fouling System Certificates per the Anti-fouling Convention.

The U.S. Environmental Protection Agency and the USCG have also enacted rules relating to ballast water discharge, compliance with which requires the installation of equipment on the company's vessels to treat ballast water before it is discharged or the implementation of other port facility disposal arrangements or procedures at potentially substantial costs, and/or otherwise restrict the company's vessels from entering the U.S. Waters.

History

The company was founded in 2010. It was incorporated under the laws of the Republic of the Marshall Islands in 2010. The company was formerly known as Diana Containerships Inc. and changed its name to Performance Shipping Inc. in 2019.

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Performance Shipping Stock Value

Performance Shipping Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Performance Shipping do?

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New support ticket

Explore

Performance Shipping Stock Value

Performance Shipping Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does Performance Shipping do?

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.