Himalaya Shipping (NYSE:HSHP) Releases Earnings Results

Himalaya Shipping (NYSE:HSHP) released its quarterly earnings data on Tuesday. The company reported $0.29 earnings per share (EPS) for the quarter, Zacks reports. Himalaya Shipping had a net margin of 4.39% and a return on equity of 3.30%.

Here are the key takeaways from Himalaya Shipping’s conference call:

• Himalaya reported a strong Q4 — net profit $13.5M, EPS $0.29, EBITDA $33.3M and TCE of $39,600/day, materially higher YoY.
• Commercial positioning gives upside — the firm prefers index-linked charters with conversion flexibility and expects 11 of 12 vessels to be spot-exposed after 31 Mar 2026; it converted 4 vessels to fixed Q1 rates (~$27,700/day) and secured premium charters (e.g., Mount Elbrus at $30,000/day).
• Shareholder returns and liquidity — declared Q4 cash distributions of $0.30 and a monthly dividend of $0.06 (Jan); cash on hand was $32.4M and the company has paid 27 consecutive monthly dividends.
• Leverage and financing exposure — sale-leaseback outstanding remains high at roughly $700M (down slightly from Q3) with a minimum cash covenant of $12.3M, representing a material financing obligation.
• Market outlook supportive — management cites structural tailwinds (higher ton-mile from Brazil/Guinea, Simandou ramp-up), a 25‑year low orderbook and an aging fleet that should tighten supply and sustain elevated Capesize/Newcastlemax rates.

Himalaya Shipping Stock Performance

Himalaya Shipping stock traded up $0.58 during mid-day trading on Tuesday, hitting $11.30. The company had a trading volume of 118,114 shares, compared to its average volume of 352,957. Himalaya Shipping has a 12-month low of $4.29 and a 12-month high of $11.25. The company’s fifty day moving average is $9.40 and its 200-day moving average is $8.46. The company has a current ratio of 1.01, a quick ratio of 1.01 and a debt-to-equity ratio of 4.19.

Himalaya Shipping Increases Dividend

The business also recently declared a dividend, which was paid on Tuesday, January 27th. Shareholders of record on Tuesday, January 20th were issued a $0.13 dividend. The ex-dividend date of this dividend was Monday, January 19th. This is a boost from Himalaya Shipping’s previous dividend of $0.10.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on HSHP shares. Wall Street Zen lowered shares of Himalaya Shipping from a “hold” rating to a “sell” rating in a report on Saturday, November 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Himalaya Shipping in a research note on Thursday, January 22nd. One analyst has rated the stock with a Hold rating, According to data from MarketBeat, Himalaya Shipping currently has an average rating of “Hold”.

Institutional Trading of Himalaya Shipping

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. BNP Paribas Financial Markets raised its position in shares of Himalaya Shipping by 80.3% in the third quarter. BNP Paribas Financial Markets now owns 5,656 shares of the company’s stock worth $47,000 after acquiring an additional 2,519 shares during the period. Tower Research Capital LLC TRC raised its holdings in Himalaya Shipping by 326.7% in the 2nd quarter. Tower Research Capital LLC TRC now owns 9,024 shares of the company’s stock worth $52,000 after purchasing an additional 6,909 shares during the period. Sherbrooke Park Advisers LLC purchased a new position in Himalaya Shipping during the third quarter worth approximately $86,000. Sei Investments Co. acquired a new stake in Himalaya Shipping in the second quarter valued at approximately $107,000. Finally, Creative Planning purchased a new stake in shares of Himalaya Shipping in the second quarter valued at approximately $108,000. Institutional investors and hedge funds own 22.33% of the company’s stock.

Himalaya Shipping Company Profile

Himalaya Shipping Ltd. provides dry bulk shipping services worldwide. The company operates a fleet of vessels. It serves major commodity trading, commodity and energy transition, and multi-modal transport companies. Himalaya Shipping Ltd. was incorporated in 2021 and is based in Hamilton, Bermuda.