Himalaya Shipping (NYSE:HSHP) Hits New 52-Week High – Time to Buy?

Posted by George Bondi on May 13th, 2026

Himalaya Shipping Ltd. (NYSE:HSHP – Get Free Report)’s share price reached a new 52-week high during trading on Wednesday . The stock traded as high as $16.44 and last traded at $16.3570, with a volume of 17382 shares. The stock had previously closed at $16.15.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on the stock. Weiss Ratings restated a “hold (c)” rating on shares of Himalaya Shipping in a research report on Thursday, January 22nd. Wall Street Zen upgraded shares of Himalaya Shipping from a “hold” rating to a “buy” rating in a research report on Saturday, March 14th. One research analyst has rated the stock with a Hold rating, According to MarketBeat.com, Himalaya Shipping currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on HSHP

Himalaya Shipping Stock Down 2.1%

The firm’s 50-day moving average price is $13.78 and its 200 day moving average price is $11.06. The firm has a market cap of $737.82 million, a P/E ratio of 41.70 and a beta of 1.38. The company has a quick ratio of 1.08, a current ratio of 1.08 and a debt-to-equity ratio of 4.12.

Himalaya Shipping (NYSE:HSHP – Get Free Report) last posted its quarterly earnings data on Tuesday, February 10th. The company reported $0.29 earnings per share for the quarter, missing the consensus estimate of $0.30 by ($0.01). The company had revenue of $42.10 million during the quarter, compared to analyst estimates of $41.80 million. Himalaya Shipping had a return on equity of 11.02% and a net margin of 13.44%.

Himalaya Shipping Increases Dividend

The business also recently disclosed a dividend, which will be paid on Tuesday, May 26th. Investors of record on Tuesday, May 19th will be issued a $0.15 dividend. The ex-dividend date of this dividend is Monday, May 18th. This is an increase from Himalaya Shipping’s previous dividend of $0.06.

Insiders Place Their Bets

In related news, Director Bjorn Andreas Freng Isaksen sold 300,000 shares of the company’s stock in a transaction dated Thursday, April 9th. The shares were sold at an average price of $13.40, for a total value of $4,020,000.00. Following the completion of the sale, the director owned 280,000 shares of the company’s stock, valued at $3,752,000. This represents a 51.72% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

Institutional Investors Weigh In On Himalaya Shipping

Several institutional investors have recently bought and sold shares of the stock. State Street Corp lifted its holdings in Himalaya Shipping by 1.4% in the fourth quarter. State Street Corp now owns 403,954 shares of the company’s stock worth $3,676,000 after purchasing an additional 5,719 shares during the period. Geode Capital Management LLC lifted its holdings in Himalaya Shipping by 3.4% in the 2nd quarter. Geode Capital Management LLC now owns 356,350 shares of the company’s stock valued at $2,056,000 after acquiring an additional 11,828 shares during the last quarter. Barclays PLC lifted its holdings in Himalaya Shipping by 162.3% in the 4th quarter. Barclays PLC now owns 260,780 shares of the company’s stock valued at $2,373,000 after acquiring an additional 161,378 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Himalaya Shipping by 322.0% in the 4th quarter. Goldman Sachs Group Inc. now owns 259,959 shares of the company’s stock valued at $2,366,000 after acquiring an additional 198,362 shares during the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in Himalaya Shipping by 28.2% in the 2nd quarter. Russell Investments Group Ltd. now owns 158,189 shares of the company’s stock valued at $913,000 after acquiring an additional 34,758 shares during the last quarter. Institutional investors and hedge funds own 22.33% of the company’s stock.

About Himalaya Shipping

(Get Free Report)

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.