Himalaya Shipping (NYSE:HSHP) Trading 6.4% Higher – Still a Buy?

Posted by Brian Himes on Aug 15th, 2026

Himalaya Shipping Ltd. (NYSE:HSHP – Get Free Report) shot up 6.4% during trading on Thursday . The company traded as high as $15.84 and last traded at $15.88. 96,649 shares changed hands during mid-day trading, a decline of 71% from the average session volume of 333,971 shares. The stock had previously closed at $14.92.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Weiss Ratings upgraded Himalaya Shipping from a “hold (c)” rating to a “hold (c+)” rating in a research report on Wednesday, August 5th. Wall Street Zen lowered shares of Himalaya Shipping from a “strong-buy” rating to a “buy” rating in a research report on Sunday, May 24th. One equities research analyst has rated the stock with a Hold rating, According to MarketBeat, the stock currently has a consensus rating of “Hold”.

View Our Latest Analysis on Himalaya Shipping

Himalaya Shipping Stock Up 3.5%

The stock has a 50-day moving average of $14.89 and a 200-day moving average of $13.98. The company has a debt-to-equity ratio of 4.00, a current ratio of 1.19 and a quick ratio of 0.95. The firm has a market cap of $751.67 million, a price-to-earnings ratio of 14.26 and a beta of 1.37.

Himalaya Shipping (NYSE:HSHP – Get Free Report) last released its earnings results on Wednesday, July 1st. The company reported $0.52 earnings per share for the quarter. The firm had revenue of $55.30 million during the quarter. Himalaya Shipping had a return on equity of 32.83% and a net margin of 31.44%.

Himalaya Shipping Announces Dividend

The company also recently disclosed a dividend, which will be paid on Thursday, August 27th. Shareholders of record on Friday, August 21st will be paid a dividend of $0.22 per share. The ex-dividend date is Thursday, August 20th.

Institutional Trading of Himalaya Shipping

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Arrowstreet Capital Limited Partnership increased its stake in Himalaya Shipping by 292.2% in the first quarter. Arrowstreet Capital Limited Partnership now owns 1,007,952 shares of the company’s stock valued at $13,344,000 after acquiring an additional 750,944 shares during the last quarter. State Street Corp boosted its holdings in shares of Himalaya Shipping by 1.4% in the 4th quarter. State Street Corp now owns 403,954 shares of the company’s stock valued at $3,676,000 after purchasing an additional 5,719 shares in the last quarter. Bank of America Corp DE boosted its holdings in shares of Himalaya Shipping by 230.4% in the 1st quarter. Bank of America Corp DE now owns 399,028 shares of the company’s stock valued at $5,307,000 after purchasing an additional 278,273 shares in the last quarter. Geode Capital Management LLC boosted its holdings in shares of 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 purchasing an additional 11,828 shares in the last quarter. Finally, Globeflex Capital L P bought a new position in shares of Himalaya Shipping in the 2nd quarter valued at $4,257,000. Institutional investors own 22.33% of the company’s stock.

Himalaya Shipping Company Profile

(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.