Toro (NASDAQ:TORO) versus Diana Shipping (NYSE:DSX) Financial Comparison

Diana Shipping (NYSE:DSX) and Toro (NASDAQ:TORO) are both small-cap transportation companies, but which is the superior business? We will compare the two companies based on the strength of their risk, valuation, earnings, dividends, institutional ownership, profitability and analyst recommendations.

Valuation and Earnings

This table compares Diana Shipping and Toro”s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Diana Shipping	$235.73 million	1.14	$49.84 million	$0.09	23.78
Toro	$80.63 million	0.64	$140.64 million	$1.06	2.55

Toro has lower revenue, but higher earnings than Diana Shipping. Toro is trading at a lower price-to-earnings ratio than Diana Shipping, indicating that it is currently the more affordable of the two stocks.

Volatility and Risk

Diana Shipping has a beta of 1.16, indicating that its share price is 16% more volatile than the S&P 500. Comparatively, Toro has a beta of 2.03, indicating that its share price is 103% more volatile than the S&P 500.

Profitability

This table compares Diana Shipping and Toro’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Diana Shipping	6.81%	5.34%	2.26%
Toro	176.49%	17.16%	10.30%

Analyst Ratings

This is a summary of current ratings and price targets for Diana Shipping and Toro, as provided by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Diana Shipping	0	1	0	0	2.00
Toro	0	0	0	0	0.00

Diana Shipping currently has a consensus target price of $3.00, suggesting a potential upside of 40.19%. Given Diana Shipping’s stronger consensus rating and higher possible upside, research analysts clearly believe Diana Shipping is more favorable than Toro.

Insider & Institutional Ownership

48.7% of Diana Shipping shares are held by institutional investors. Comparatively, 1.7% of Toro shares are held by institutional investors. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

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 Toro

Toro Corp., a shipping company, acquires, owns, charters, and operates oceangoing tanker vessels and provides seaborne transportation services for crude oil LPG, and refined petroleum products worldwide. The company operates in three segments: Aframax/LR2 Tanker, Handysize Tanker, and LPG Carrier. As of December 31, 2023, it operated a fleet of one Handysize tanker vessel; one Aframax/LR2 vessel; and four LPG carrier vessels with an aggregate cargo carrying capacity of 0.1 million deadweight ton. Toro Corp. was incorporated in 2022 and is based in Limassol, Cyprus.