Himalaya Shipping Ltd
HSHPIndustrials·Marine Shipping·Bermuda·Small·NYSE·Nov 11 • 9:54 AM ET
16.30+0.37 (2.32%)
2026-11-11 15:55 CET
Market cap
751.42 USD m
Revenue, TTM
192.00 USD m
Net income, TTM
76.50 USD m
Free cash flow, TTM
112.50 USD m
EPS diluted, TTM
1.63
P/E
10.03
Price
HSHP against its 20, 50 and 200-day averages2050200beatmiss
15.1% under 19.21 on 21 Sep 2026. Last 15 sessions, 16.5% high to low
Profile
HSHP52-week range, 76% of the way up
6.8919.21
Himalaya Shipping Ltd. is a maritime shipping company. It focuses on dry bulk shipping services. The firm owns Newcastlemax dry bulk vessels, which are equipped with dual fuel LNG technology. The company was founded on March 17, 2021 and is headquartered in Hamilton, Bermuda.
| Index | RUT |
|---|---|
| Employees | 3 |
| IPO | Oct 25, 2022 |
| Beta | 1.44 |
| ATR, 14d | 0.60 |
| Rel volume | 1.91 |
| Short float | 6.48% |
| Insider own | 40.12% |
| Inst own | 50.27% |
Snapshot
6 groupsValuation
| Index | RUT |
|---|---|
| Market Cap | 768.87M |
| Enterprise Value | 1.40B |
| Income | 76.50M |
| Sales | 192.00M |
| Book/sh | 3.47 |
| Cash/sh | 0.84 |
| Dividend Est. | 2.23 (13.67%) |
| Dividend TTM | - |
| Dividend Ex-Date | Oct 16, 2026 |
| Dividend Gr. 3/5Y | - - |
| Payout | 148.21% |
| Employees | 3 |
| IPO | Oct 25, 2022 |
Ratios
| P/E | 10.03 |
|---|---|
| Forward P/E | 8.32 |
| PEG | 0.12 |
| P/S | 4.00 |
| P/B | 4.69 |
| P/C | 19.37 |
| P/FCF | 6.83 |
| EV/EBITDA | 9.07 |
| EV/Sales | 7.30 |
| Quick Ratio | 1.17 |
| Current Ratio | 1.22 |
| Debt/Eq | 4.10 |
| LT Debt/Eq | 3.95 |
| Option/Short | No / Yes |
Earnings
| EPS (ttm) | 1.63 |
|---|---|
| EPS next Y | 1.96 |
| EPS next Q | 0.69 |
| EPS this Y | 425.16% |
| EPS next Y | -3.91% |
| EPS next 5Y | 67.23% |
| EPS past 3/5Y | - - |
| Sales past 3/5Y | - - |
| EPS Y/Y TTM | 671.12% |
| Sales Y/Y TTM | 60.84% |
| EPS Q/Q | 246.72% |
| Sales Q/Q | 65.17% |
| Earnings | Nov 10 AMC |
| EPS/Sales Surpr. | -1.69% -0.83% |
Ownership
| Insider Own | 40.12% |
|---|---|
| Insider Trans | 0.00% |
| Inst Own | 50.27% |
| Inst Trans | 6.63% |
| ROA | 8.92% |
| ROE | 47.22% |
| ROIC | 9.43% |
| Gross Margin | 68.59% |
| Oper. Margin | 65.26% |
| Profit Margin | 39.84% |
| SMA20 | 1.14% |
| SMA50 | -4.27% |
| SMA200 | 14.82% |
| Trades | - |
Technical
| Shs Outstand | 47.17M |
|---|---|
| Shs Float | 28.24M |
| Short Float | 6.48% |
| Short Ratio | 3.98 |
| Short Interest | 1.83M |
| 52W High | 19.21 -15.15% |
| 52W Low | 6.89 136.57% |
| Volatility | 3.80% 3.20% |
| ATR (14) | 0.60 |
| RSI (14) | 49.99 |
| Beta | 1.44 |
| Rel Volume | 1.91 |
| Avg Volume | 458.94K |
| Volume | 95,303 |
Performance
| Perf Week | 5.71% |
|---|---|
| Perf Month | -7.22% |
| Perf Quarter | 9.43% |
| Perf Half Y | 11.22% |
| Perf YTD | 100.59% |
| Perf Year | 134.48% |
| Perf 3Y | 316.53% |
| Perf 5Y | - |
| Perf 10Y | - |
| Recom | 2.00 |
| Target Price | 17.21 |
| Prev Close | 15.93 |
| Price | 16.30 |
| Change % | 2.32% |
Analyst ratings
latest 2 of 2| Date | Action | Analyst | Rating change | Target | Implied |
|---|---|---|---|---|---|
| Aug 20, 2026 | Upgrade | CClarksons Platou | Neutral → Buy | ||
| Aug 19, 2024 | Downgrade | DDNB Markets | Hold → Sell |
Peers
Mkt cap| Ticker | Company | Mkt cap |
|---|---|---|
| GNK | Genco Shipping & Trading Limited | 1.15B |
| SB | Safe Bulkers Inc | 905.55M |
| SBLK | Star Bulk Carriers Corp | 3.11B |
| SHIP | Seanergy Maritime Holdings Corp | 325.78M |
| CMDB | Costamare Bulkers Holdings Ltd | 469.53M |
| DSX | Diana Shipping Inc | 299.84M |
| PANL | Pangaea Logistics Solutions Ltd | 572.24M |
| EDRY | EuroDry Ltd | 111.01M |
| GLBS | Globus Maritime Ltd | 59.89M |
| CMBT | CMB.Tech NV | 4.93B |
Insider trading
4 filings| Insider | Relationship | Date | Transaction | Cost | Shares | Value | Total held | Form |
|---|---|---|---|---|---|---|---|---|
| Steen Carl Erik | Director | May 22 '26 | Option Exercise | 6.49 | 75,000 | 486,750 | 75,000 | May 27 03:36 PM |
| Hasund Vidar | Contracted CFO | May 22 '26 | Option Exercise | 6.49 | 100,000 | 649,000 | 100,000 | May 27 02:55 PM |
| Isaksen Bjorn Andreas Freng | Director | Apr 08 '26 | Option Exercise | 6.70 | 150,000 | 1,005,000 | 580,000 | Apr 10 07:49 AM |
| Isaksen Bjorn Andreas Freng | Director | Apr 09 '26 | Sale | 13.40 | 300,000 | 4,020,000 | 280,000 | Apr 10 07:49 AM |
Held by
AUM| Ticker | Company | AUM |
|---|---|---|
| IWM | iShares Russell 2000 Index Fund | AUM: 77.38B |
| IWO | iShares Russell 2000 Growth ETF | AUM: 14.06B |
| VTWO | Vanguard Russell 2000 Index ETF | AUM: 16.75B |
| JSML | Janus Henderson Small Cap Growth Alpha ETF | AUM: 377.91M |
| IWC | iShares Micro-Cap ETF | AUM: 1.22B |
| PSC | Principal U.S. Small-Cap ETF | AUM: 2.69B |
| VTWG | Vanguard Russell 2000 Growth Index ETF | AUM: 1.41B |
| GSSC | Goldman Sachs ActiveBeta U.S. Small Cap Equity ETF | AUM: 1.06B |
| DFIS | Dimensional International Small Cap ETF | - |
| VFMO | Vanguard U.S. Momentum Factor ETF | AUM: 1.82B |
Quarterly earnings
actual against estimate| Period | Reported | EPS act | EPS est | EPS rep | Sales act | Sales est | Analysts |
|---|---|---|---|---|---|---|---|
| 2026Q3 | 2026-11-10 | 0.700 | 0.712 | 0.707 | 61.00 | 61.51 | 5 |
| 2026Q2 | 2026-08-11 | 0.521 | 0.541 | 0.522 | 53.00 | 52.77 | 5 |
| 2026Q1 | 2026-05-21 | 0.109 | 0.128 | 0.106 | 33.33 | 33.30 | 6 |
| 2025Q4 | 2026-02-10 | 0.290 | 0.302 | 0.289 | 41.63 | 41.78 | 5 |
| 2025Q3 | 2025-11-06 | 0.203 | 0.200 | 0.204 | 37.50 | 37.61 | 5 |
| 2025Q2 | 2025-08-08 | 0.021 | 0.020 | 0.024 | 29.60 | 29.58 | 3 |
| 2025Q1 | 2025-05-22 | -0.140 | -0.149 | -0.144 | 21.84 | 21.08 | 5 |
| 2024Q4 | 2025-02-20 | 0.017 | 0.070 | 0.023 | 29.23 | 30.96 | 7 |
| 2024Q3 | 2024-11-11 | 0.240 | 0.291 | 0.243 | 39.20 | 39.30 | 7 |
| 2026Q4 | - | - | 0.691 | - | - | 60.38 | 5 |
| 2027Q1 | - | - | 0.215 | - | - | 37.80 | 2 |
| 2027Q2 | - | - | 0.230 | - | - | 38.45 | 2 |
| 2027Q3 | - | - | 0.160 | - | - | 35.00 | 1 |
| 2027Q4 | - | - | 0.450 | - | - | 48.50 | 1 |
Annual earnings
| Period | EPS act | EPS est | EPS rep | Sales act | Sales est |
|---|---|---|---|---|---|
| 2023FY | 0.046 | 0.054 | 0.035 | 36.49 | 37.15 |
| 2024FY | 0.480 | 0.563 | 0.479 | 122.26 | 125.72 |
| 2025FY | 0.387 | 0.390 | 0.385 | 130.61 | 130.25 |
| 2026FY | - | 2.038 | - | - | 209.92 |
| 2027FY | - | 1.958 | - | - | 208.17 |
| 2028FY | - | 1.815 | - | - | 195.18 |
| 2029FY | - | -0.790 | - | - | 72.81 |
Estimate revisions
last 14 periods| Period | Type | Date | Estimates | Up | Down | Mean | Low | High |
|---|---|---|---|---|---|---|---|---|
| 2026Q4 | S | 2026-10-29 | 5 | 1 | 1 | 60.38 | 56.50 | 68.00 |
| 2026Q4 | S | 2026-10-25 | 5 | 0 | 1 | 59.06 | 49.90 | 68.00 |
| 2026Q4 | S | 2026-10-21 | 5 | 1 | 2 | 59.06 | 49.90 | 68.00 |
| 2026Q4 | S | 2026-08-13 | 5 | 1 | 1 | 59.28 | 49.90 | 68.00 |
| 2026Q4 | S | 2026-08-12 | 5 | 1 | 2 | 59.22 | 49.90 | 68.00 |
| 2026Q4 | S | 2026-08-11 | 5 | 1 | 1 | 59.35 | 49.90 | 68.00 |
| 2026Q4 | S | 2026-08-09 | 3 | 0 | 0 | 58.05 | 48.50 | 68.00 |
| 2026Q4 | S | 2026-08-05 | 4 | 0 | 0 | 59.44 | 48.50 | 68.00 |
| 2026Q4 | S | 2026-08-04 | 3 | 0 | 0 | 56.59 | 48.50 | 63.60 |
| 2026Q4 | S | 2026-07-15 | 3 | 0 | 1 | 56.59 | 48.50 | 63.60 |
| 2026Q4 | S | 2026-06-11 | 3 | 1 | 1 | 56.59 | 48.50 | 63.60 |
| 2026Q4 | S | 2026-05-29 | 4 | 1 | 1 | 56.91 | 48.50 | 63.60 |
| 2026Q4 | S | 2026-05-28 | 4 | 1 | 1 | 57.00 | 48.50 | 63.60 |
| 2026Q4 | S | 2026-05-21 | 4 | 1 | 1 | 56.88 | 48.50 | 63.60 |
Estimate history
| EPS, annual | -0.055 | -0.062 | 0.035 | 0.479 | 0.385 | 1.6253 | |||
|---|---|---|---|---|---|---|---|---|---|
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |||
| EPS, quarterly | 0.243 | 0.023 | -0.144 | 0.024 | 0.204 | 0.289 | 0.106 | 0.522 | 0.707 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Sales, annual | 0 | 0 | 36.736 | 123.58 | 131.9 | 192 | |||
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | |||
| Sales, quarterly | 39.199 | 29.598 | 21.973 | 29.9 | 37.9 | 42.1 | 33.6 | 53.7 | 62.6 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
| Shares, annual | 32.153 | 32.153 | 43.9 | 43.9 | 46.65 | 47.17 | |||
| Period | 2021 | 2022 | 2023 | 2024 | 2025 | MRQ | |||
| Shares, quarterly | 43.9 | 43.9 | 46.55 | 46.55 | 46.55 | 46.65 | 46.75 | 47.145 | 47.17 |
| Period | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | Q2 '26 | Q3 '26 |
Income statement, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Total Revenue | 192.00 | 131.90 | 123.58 | 36.74 | 0.00 | 0.00 |
| Cost of Goods Sold Incl. D&A | 60.30 | 58.80 | 51.93 | 17.71 | 0.00 | 0.00 |
| Gross Profit | 131.70 | 73.10 | 71.65 | 19.02 | 0.00 | 0.00 |
| Selling, General and Administrative Excl. Other | 6.40 | 4.90 | 5.03 | 4.39 | 2.00 | 1.00 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 125.30 | 68.20 | 66.62 | 14.63 | -2.00 | -1.00 |
| Interest Expense | 49.80 | 51.40 | 46.64 | 13.60 | - | 0.00 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 76.40 | 17.70 | 21.05 | 1.51 | -2.00 | -1.00 |
| Income Taxes | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 | 0.00 |
| Consolidated Net Income | 76.40 | 17.70 | 21.04 | 1.51 | -2.00 | -1.00 |
| Net Income From Continuing Operations | 76.50 | 17.70 | 21.04 | 1.51 | -2.00 | -1.00 |
| Net Income | 76.50 | 17.70 | 21.04 | 1.51 | -2.00 | -1.00 |
| EPS (Recurring) | 1.62 | 0.38 | 0.48 | 0.03 | -0.06 | -0.05 |
| EPS (Basic, Before Extraordinaries) | 1.63 | 0.38 | 0.48 | 0.03 | -0.06 | -0.05 |
| EPS (Diluted) | 1.63 | 0.38 | 0.48 | 0.03 | -0.06 | -0.05 |
| EBITDA | 154.50 | 97.40 | 93.10 | 23.74 | -2.00 | -1.00 |
| Non-Operating Income (Expense) | 0.90 | 0.90 | 1.07 | 0.49 | 0.00 | 0.00 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.20 | 0.30 | 0.54 | 0.47 | 0.40 | 0.03 |
| Price To Earnings Ratio | 14.20 | 14.20 | 8.66 | - | - | - |
| Price To Sales Ratio | - | 3.17 | 1.73 | 8.08 | - | - |
| Gross Margin | 68.59 | 55.42 | 57.98 | 51.78 | - | - |
| Operating Margin | 65.26 | 51.71 | 53.91 | 39.81 | - | - |
| Net Margin | 39.84 | 13.42 | 17.03 | 4.12 | - | - |
| Shares Outstanding | 47.17 | 46.65 | 43.90 | 43.90 | 32.15 | 32.15 |
| Market Capitalization | 751.42 | 751.42 | 213.35 | 275.69 | 158.51 | 158.51 |
Income statement, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 | 2025Q1 | 2024Q4 |
|---|---|---|---|---|---|---|---|---|
| Total Revenue | 62.60 | 53.70 | 33.60 | 42.10 | 37.90 | 29.90 | 21.97 | 29.60 |
| Cost of Goods Sold Incl. D&A | 15.70 | 15.10 | 15.20 | 14.30 | 14.80 | 14.80 | 14.38 | 14.59 |
| Gross Profit | 46.90 | 38.60 | 18.40 | 27.80 | 23.10 | 15.10 | 7.60 | 15.01 |
| Selling, General and Administrative Excl. Other | 1.50 | 1.90 | 1.20 | 1.80 | 1.10 | 1.50 | 1.09 | 1.01 |
| Other Operating Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Operating Income | 45.40 | 36.70 | 17.20 | 26.00 | 22.00 | 13.60 | 6.51 | 13.99 |
| Interest Expense | 12.30 | 12.40 | 12.40 | 12.70 | 12.80 | 12.80 | 13.03 | 13.19 |
| Unusual Expense | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income Before Taxes | 33.30 | 24.60 | 5.00 | 13.50 | 9.50 | 1.10 | -6.37 | 1.03 |
| Income Taxes | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Consolidated Net Income | 33.30 | 24.60 | 5.00 | 13.50 | 9.50 | 1.10 | -6.37 | 1.02 |
| Net Income From Continuing Operations | 33.40 | 24.60 | 5.00 | 13.50 | 9.50 | 1.10 | -6.37 | 1.02 |
| Net Income | 33.40 | 24.60 | 5.00 | 13.50 | 9.50 | 1.10 | -6.37 | 1.02 |
| EPS (Recurring) | 0.71 | 0.52 | 0.11 | 0.29 | 0.20 | 0.02 | -0.14 | 0.02 |
| EPS (Basic, Before Extraordinaries) | 0.71 | 0.52 | 0.11 | 0.29 | 0.20 | 0.02 | -0.14 | 0.02 |
| EPS (Diluted) | 0.71 | 0.52 | 0.11 | 0.29 | 0.20 | 0.02 | -0.14 | 0.02 |
| EBITDA | 52.70 | 44.00 | 24.50 | 33.30 | 29.30 | 20.90 | 13.80 | 21.29 |
| Non-Operating Income (Expense) | 0.20 | 0.30 | 0.20 | 0.20 | 0.30 | 0.30 | 0.15 | 0.22 |
| Other After Tax Adjustments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Stock Option Compensation Expense | 0.10 | 0.00 | 0.10 | 0.00 | 0.10 | 0.10 | - | - |
| Price To Earnings Ratio | 14.20 | 21.43 | 35.69 | 85.29 | 56.45 | 20.72 | 11.43 | 8.66 |
| Price To Sales Ratio | - | 3.76 | 4.35 | 3.22 | 3.21 | 2.23 | 1.99 | 1.73 |
| Gross Margin | 74.92 | 71.88 | 54.76 | 66.03 | 60.95 | 50.50 | 34.58 | 50.70 |
| Operating Margin | 72.52 | 68.34 | 51.19 | 61.76 | 58.05 | 45.48 | 29.62 | 47.28 |
| Net Margin | 53.35 | 45.81 | 14.88 | 32.07 | 25.07 | 3.68 | -29.01 | 3.45 |
| Shares Outstanding | 47.17 | 47.15 | 46.75 | 46.65 | 46.55 | 46.55 | 46.55 | 43.90 |
| Market Capitalization | 751.42 | 629.86 | 621.77 | 424.51 | 383.11 | 268.59 | 255.09 | 213.35 |
Balance sheet, annual
| Metric | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|
| Cash & Short Term Investments | 32.40 | 19.37 | 25.55 | 0.30 | 11.30 |
| Short Term Receivables | 0.70 | 1.25 | 0.81 | 0.00 | 0.00 |
| Inventories | 1.70 | 1.50 | 0.63 | 0.00 | 0.00 |
| Other Current Assets | 4.90 | 4.67 | 5.81 | 1.40 | 0.00 |
| Total Current Assets | 39.70 | 26.80 | 32.81 | 1.70 | 11.30 |
| Net Property, Plant & Equipment | 823.80 | 852.98 | 561.26 | 176.10 | 83.50 |
| Total Investments and Advances | 0.40 | 0.32 | 0.00 | 0.00 | 0.00 |
| Intangible Assets | 0.00 | 0.00 | - | 0.00 | - |
| Other Assets | 0.00 | 0.00 | 5.14 | 0.00 | 0.40 |
| Total Assets | 863.90 | 880.10 | 599.21 | 177.80 | 95.20 |
| Short Term Debt Incl. Current Port. of LT Debt | 23.60 | 24.30 | 19.80 | 9.70 | 0.00 |
| Accounts Payable | 1.30 | 0.82 | 1.69 | 0.00 | 0.00 |
| Other Current Liabilities | 11.70 | 10.67 | 3.81 | 16.30 | 0.80 |
| Total Current Liabilities | 36.60 | 35.80 | 25.30 | 26.00 | 0.80 |
| Long Term Debt | 665.60 | 689.58 | 419.70 | 61.50 | 0.00 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 2.50 |
| Total Liabilities | 702.20 | 725.38 | 445.00 | 87.50 | 3.30 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 161.70 | 154.72 | 154.21 | 90.30 | 91.90 |
| Total Shareholders Equity | 161.70 | 154.72 | 154.21 | 90.30 | 91.90 |
| Accumulated Minority Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 161.70 | 154.72 | 154.21 | 90.30 | 91.90 |
| Total Liabilities & Stockholders Equity | 863.90 | 880.10 | 599.21 | 177.80 | 95.20 |
| Book Value Per Share | 3.47 | 3.52 | 3.51 | 2.81 | 2.86 |
| Tangible Book Value Per Share | 3.47 | 3.52 | 3.51 | 2.81 | 2.86 |
| Full-Time Employees | 3 | 3 | 2 | - | - |
| Price to Book Ratio | 4.61 | 1.33 | 2.08 | 1.74 | 1.74 |
| Return on Assets | 2.03 | 2.85 | 0.39 | -1.47 | - |
| Return on Equity | 11.19 | 13.62 | 1.24 | -2.20 | - |
| Return on Invested Capital | 2.14 | 2.49 | 0.26 | -1.32 | -1.09 |
| Quick Ratio | 1.04 | 0.71 | 1.27 | 0.07 | 14.12 |
| Current Ratio | 1.08 | 0.75 | 1.30 | 0.07 | 14.12 |
Cash flow, annual
| Metric | TTM | 2025FY | 2024FY | 2023FY | 2022FY | 2021FY |
|---|---|---|---|---|---|---|
| Net Income | 76.40 | 17.70 | 21.04 | 1.51 | -2.00 | -1.00 |
| Depreciation | 29.20 | 29.20 | 26.47 | 9.12 | - | - |
| Other Funds (Non Cash) | 2.80 | 2.90 | 2.95 | 1.85 | 0.40 | 0.00 |
| Funds from Operations | 108.40 | 49.80 | 50.46 | 12.48 | -1.60 | -1.00 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 4.10 | 1.90 | 5.38 | -3.31 | 0.20 | 0.50 |
| Cash from Operating Activities | 112.50 | 51.70 | 55.84 | 9.17 | -1.40 | -0.50 |
| Capital Expenditures | 0.00 | 0.00 | -313.05 | -413.06 | -78.30 | -68.80 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | -0.30 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | -0.30 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 0.00 | 0.00 | -313.36 | -413.06 | -78.30 | -68.80 |
| Cash Dividends Paid | -76.90 | -26.90 | -20.63 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 4.10 | 15.50 | 0.00 | 62.19 | -0.50 | 80.60 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 4.10 | 15.50 | 0.00 | 62.19 | -0.50 | 80.60 |
| Proceedsfrom Stock Options | 4.10 | 15.50 | 0.00 | 62.19 | -0.50 | 80.60 |
| Issuance or Reduction of Debt, Net | -26.40 | -27.30 | 271.97 | 366.98 | 69.20 | 0.00 |
| Change in Long Term Debt | -26.40 | -33.30 | 271.97 | 369.68 | 69.20 | 0.00 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 293.19 | 388.48 | 70.60 | 0.00 |
| Reduction of Long Term Debt | -26.40 | -33.30 | -21.22 | -18.80 | -1.40 | 0.00 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -99.20 | -38.70 | 251.34 | 429.18 | 68.70 | 80.60 |
| Net Change in Cash | 13.30 | 13.00 | -6.18 | 25.29 | -11.00 | 11.30 |
| Free Cash Flow | 112.50 | 51.70 | -257.21 | -403.88 | -79.70 | -69.30 |
| Preferred Dividends (Cash Flow) | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Price to Free Cash Flow | - | 16.88 | - | - | - | - |
| Deferred Taxes & Investment Tax Credit | - | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Balance sheet, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Cash & Short Term Investments | 39.70 | 34.80 | 24.50 | 32.40 | 26.40 | 24.70 |
| Short Term Receivables | 1.10 | 1.20 | 1.00 | 0.70 | 0.50 | 0.40 |
| Inventories | 2.00 | 1.90 | 1.70 | 1.70 | 1.60 | 0.00 |
| Other Current Assets | 5.40 | 6.20 | 5.50 | 4.90 | 5.30 | 8.00 |
| Total Current Assets | 48.20 | 44.10 | 32.70 | 39.70 | 33.80 | 33.10 |
| Net Property, Plant & Equipment | 801.90 | 809.20 | 816.50 | 823.80 | 831.10 | 838.40 |
| Total Investments and Advances | 0.00 | 0.00 | 0.40 | 0.40 | 0.40 | 0.40 |
| Intangible Assets | 0.50 | 0.50 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Assets | 850.60 | 853.80 | 849.60 | 863.90 | 865.30 | 871.90 |
| Short Term Debt Incl. Current Port. of LT Debt | 24.60 | 24.10 | 23.70 | 23.60 | 23.80 | 23.70 |
| Accounts Payable | 1.30 | 1.80 | 1.80 | 1.30 | 1.50 | 2.00 |
| Other Current Liabilities | 13.50 | 11.30 | 8.80 | 11.70 | 8.30 | 9.30 |
| Total Current Liabilities | 39.40 | 37.20 | 34.30 | 36.60 | 33.60 | 35.00 |
| Long Term Debt | 647.00 | 653.40 | 659.50 | 665.60 | 671.60 | 677.60 |
| Provision for Risks Charges | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Liabilities | 686.40 | 690.60 | 693.80 | 702.20 | 705.20 | 712.60 |
| Non-Equity Reserves | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Preferred Stock - Carrying Value | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Common Equity | 163.90 | 162.80 | 155.80 | 161.70 | 160.10 | 159.30 |
| Total Shareholders Equity | 163.90 | 162.80 | 155.80 | 161.70 | 160.10 | 159.30 |
| Accumulated Minority Interest | 0.30 | 0.40 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total Equity | 164.20 | 163.20 | 155.80 | 161.70 | 160.10 | 159.30 |
| Total Liabilities & Stockholders Equity | 850.60 | 853.80 | 849.60 | 863.90 | 865.30 | 871.90 |
| Book Value Per Share | 3.47 | 3.45 | 3.33 | 3.47 | 3.44 | 3.42 |
| Tangible Book Value Per Share | 3.46 | 3.44 | 3.33 | 3.47 | 3.44 | 3.42 |
| Full-Time Employees | - | - | - | 3 | - | - |
| Price to Book Ratio | 4.61 | 4.01 | 3.84 | 2.65 | 2.40 | 1.65 |
| Return on Assets | 8.92 | 6.10 | 3.36 | 2.03 | 0.60 | 0.73 |
| Return on Equity | 47.22 | 32.66 | 18.28 | 11.20 | 3.28 | 4.05 |
| Return on Invested Capital | 4.12 | 3.01 | 0.61 | 1.63 | 1.14 | 0.13 |
| Quick Ratio | 1.17 | 1.13 | 0.90 | 1.04 | 0.96 | 0.95 |
| Current Ratio | 1.22 | 1.19 | 0.95 | 1.08 | 1.01 | 0.95 |
Cash flow, quarterly
| Metric | 2026Q3 | 2026Q2 | 2026Q1 | 2025Q4 | 2025Q3 | 2025Q2 |
|---|---|---|---|---|---|---|
| Net Income | 33.30 | 24.60 | 5.00 | 13.50 | 9.50 | 1.07 |
| Depreciation | 7.30 | 7.30 | 7.30 | 7.30 | 7.30 | 7.30 |
| Other Funds (Non Cash) | 0.70 | 0.60 | 0.80 | 0.70 | 0.80 | 0.70 |
| Funds from Operations | 41.30 | 32.50 | 13.10 | 21.50 | 17.60 | 9.08 |
| Extraordinary Item | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Changes in Working Capital | 2.50 | 1.70 | -3.30 | 3.20 | 0.80 | -0.79 |
| Cash from Operating Activities | 43.80 | 34.20 | 9.80 | 24.70 | 18.40 | 8.29 |
| Capital Expenditures | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Assets From Acquisitions | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Fixed Assets and Businesses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase or Sale of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Purchase of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale Or Maturity of Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Sources | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Investing Activities | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash Dividends Paid | -32.50 | -20.20 | -11.70 | -12.50 | -10.30 | -3.22 |
| Preferred Dividends (Cash Flow) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Change in Capital Stock | 0.10 | 2.60 | 0.70 | 0.70 | 0.00 | -0.00 |
| Repurchase of Common Pref Stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Sale of Common Pref Stock | 0.10 | 2.60 | 0.70 | 0.70 | 0.00 | -0.00 |
| Proceedsfrom Stock Options | 0.10 | 2.60 | 0.70 | 0.70 | 0.00 | -0.00 |
| Issuance or Reduction of Debt, Net | -6.50 | -6.30 | -6.70 | -6.90 | -6.40 | -7.39 |
| Change in Long Term Debt | -6.50 | -6.30 | -6.70 | -6.90 | -6.40 | -7.39 |
| Issuance of Long Term Debt | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Reduction of Long Term Debt | -6.50 | -6.30 | -6.70 | -6.90 | -6.40 | -7.39 |
| Net Financing Active Other Cash Flow | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Financing Activities Uses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash from Financing Activities | -38.90 | -23.90 | -17.70 | -18.70 | -16.70 | -10.62 |
| Net Change in Cash | 4.90 | 10.30 | -7.90 | 6.00 | 1.70 | -2.32 |
| Free Cash Flow | 43.80 | 34.20 | 9.80 | 24.70 | 18.40 | 8.29 |
| Price to Free Cash Flow | - | 19.42 | 26.62 | 17.13 | 22.60 | 16.91 |
Revenue breakdown
| Bermuda | 2024: 123.60M 2025: 131.90M |
|---|---|
| Consolidation, Policy | 2024: 20.00K |
| Reportable | 2024: 123.58M |
| Total Deep Sea Foreign Transportation of Freight revenue | 2025: 131.90M |
Short interest
shares short against float, oldest to newest| Settlement | Of float | Shares short | Float | Avg volume |
|---|---|---|---|---|
| 2026-10-30 | 6.48% | 1.8M | 28.2M | 444.29K |
| 2026-10-15 | 5.88% | 1.7M | 28.2M | 426.26K |
| 2026-09-30 | 5.64% | 1.6M | 28.2M | 381.95K |
| 2026-09-15 | 4.51% | 1.3M | 28.2M | 349.06K |
| 2026-08-31 | 4.01% | 1.1M | 27.0M | 309.68K |
| 2026-08-14 | 4.19% | 1.1M | 27.0M | 324.06K |
| 2026-07-31 | 4.21% | 1.1M | 26.9M | 333.97K |
| 2026-07-15 | 4.24% | 1.1M | 26.9M | 335.63K |
| 2026-06-30 | 3.63% | 1.0M | 26.9M | 319.63K |
| 2026-06-15 | 3.37% | 0.9M | 26.9M | 313.94K |
| 2026-05-29 | 3.46% | 0.9M | 26.8M | 336.75K |
| 2026-05-15 | 4.28% | 1.2M | 26.9M | 347.93K |
| 2026-04-30 | 3.39% | 0.9M | 26.8M | 328.94K |
| 2026-04-15 | 3.65% | 1.0M | 26.2M | 382.85K |
| 2026-03-31 | 3.49% | 0.9M | 25.9M | 374.17K |
| 2026-03-13 | 3.45% | 0.9M | 25.9M | 332.70K |
| 2026-02-27 | 2.23% | 0.6M | 25.9M | 300.42K |
| 2026-02-13 | 1.53% | 0.4M | 25.9M | 253.72K |
| 2026-01-30 | 1.36% | 0.4M | 25.9M | 228.35K |
| 2026-01-15 | 1.83% | 0.5M | 25.9M | 145.25K |
Option chain
expiry 2026-11-11| Type | Strike | Bid | Ask | Last | IV | Open int | Volume | Delta | Theta | Vega |
|---|---|---|---|---|---|---|---|---|---|---|
| No option chain for this symbol. | ||||||||||
Latest SEC filings
30| Filed | Form | Description | Period | Link |
|---|---|---|---|---|
| 2026-11-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-30 | SEC |
| 2026-11-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-30 | SEC |
| 2026-11-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-11-10 | SEC |
| 2026-11-10 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-11-10 | SEC |
| 2026-11-03 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-11-03 | SEC |
| 2026-10-28 | SCHEDULE 13G/A | SEC | ||
| 2026-10-07 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-10-07 | SEC |
| 2026-09-16 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-16 | SEC |
| 2026-09-08 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-08 | SEC |
| 2026-09-08 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-09-08 | SEC |
| 2026-08-27 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-27 | SEC |
| 2026-08-19 | 4 | Statement of changes in beneficial ownership of securities | 2026-08-18 | SEC |
| 2026-08-18 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-18 | SEC |
| 2026-08-13 | SCHEDULE 13G/A | SEC | ||
| 2026-08-11 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-30 | SEC |
| 2026-08-11 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-11 | SEC |
| 2026-08-11 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-11 | SEC |
| 2026-08-11 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-11 | SEC |
| 2026-08-06 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-06 | SEC |
| 2026-08-03 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-08-03 | SEC |
| 2026-07-14 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-14 | SEC |
| 2026-07-08 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-07-08 | SEC |
| 2026-06-18 | EFFECT | Effectiveness filing by commission order | SEC | |
| 2026-06-18 | 4 | Statement of changes in beneficial ownership of securities | 2026-06-17 | SEC |
| 2026-06-18 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-18 | SEC |
| 2026-06-15 | F-3/A | SEC | ||
| 2026-06-12 | F-3 | Registration statement for specified transactions by certain foreign private issuers | SEC | |
| 2026-06-11 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-11 | SEC |
| 2026-06-09 | 6-K | Current report of foreign issuer pursuant to Rules 13a-16 and 15d-16 | 2026-06-09 | SEC |
| 2026-06-04 | DRS | SEC |
Insider activity by month
| Month | Bought | Buys | Sold | Sells |
|---|---|---|---|---|
| 2026-11 | 0 | 0 | 0 | 0 |
| 2026-10 | 0 | 0 | 0 | 0 |
| 2026-09 | 0 | 0 | 0 | 0 |
| 2026-08 | 0 | 0 | 0 | 0 |
| 2026-07 | 0 | 0 | 0 | 0 |
| 2026-06 | 0 | 0 | 0 | 0 |
| 2026-05 | 0 | 0 | 0 | 0 |
| 2026-04 | 0 | 0 | 4.02M | 1 |
| 2026-03 | 0 | 0 | 0 | 0 |
| 2026-02 | 0 | 0 | 0 | 0 |
| 2026-01 | 0 | 0 | 0 | 0 |
| 2025-12 | 0 | 0 | 0 | 0 |
| 2025-11 | 0 | 0 | 0 | 0 |
Institutional holders
| Manager | % owned |
|---|---|
| GOLDMAN SACHS GROUP INC | 5.77% |
| BlackRock, Inc. | 4.44% |
| FMR LLC | 4.32% |
| Hosking Partners LLP | 3.52% |
| ACADIAN ASSET MANAGEMENT LLC | 3.50% |
| JPMORGAN CHASE & CO | 2.54% |
| BARCLAYS PLC | 2.06% |
| ARROWSTREET CAPITAL, LIMITED PARTNERSHIP | 2.00% |
| TWO SIGMA INVESTMENTS, LP | 1.67% |
| STATE STREET CORP | 0.99% |
Funds
| Fund | % owned |
|---|---|
| Fidelity Dividend Growth Fund | 3.27% |
| iShares Russell 2000 ETF | 1.63% |
| Fidelity Small Cap Index Fund | 0.68% |
| iShares Russell 2000 Growth ETF | 0.59% |
| VANGUARD RUSSELL 2000 INDEX FUND | 0.36% |
| iShares Micro-Cap ETF | 0.21% |
| SIIT WORLD EQUITY EX-US FUND | 0.17% |
| American Beacon IMC International Small Cap Fund | 0.17% |
| Schwab Small-Cap Index Fund | 0.15% |
| Goldman Sachs Small Cap Value Insights Fund | 0.11% |
OakChart. HSHP. Cached 15 minutes.
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