Himalaya Shipping (NYSE:HSHP) Shares Gap Down – Should You Sell?

Posted by Stanley Muller on Jul 29th, 2026

Himalaya Shipping Ltd. (NYSE:HSHP – Get Free Report)’s share price gapped down before the market opened on Monday . The stock had previously closed at $16.12, but opened at $15.56. Himalaya Shipping shares last traded at $15.52, with a volume of 24,109 shares traded.

Analysts Set New Price Targets

Several equities analysts have weighed in on HSHP shares. Weiss Ratings cut Himalaya Shipping from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, July 21st. Wall Street Zen downgraded Himalaya Shipping from a “strong-buy” rating to a “buy” rating in a research note on Sunday, May 24th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat, Himalaya Shipping currently has an average rating of “Hold”.

Check Out Our Latest Stock Report on HSHP

Himalaya Shipping Stock Performance

The stock’s 50-day moving average price is $14.68 and its 200 day moving average price is $13.44. The company has a quick ratio of 0.95, a current ratio of 0.95 and a debt-to-equity ratio of 4.23. The company has a market cap of $712.58 million, a P/E ratio of 24.25 and a beta of 1.43.

Himalaya Shipping (NYSE:HSHP – Get Free Report) last posted its quarterly earnings data on Friday, May 15th. The company reported $0.11 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.13 by ($0.02). Himalaya Shipping had a return on equity of 18.28% and a net margin of 20.28%.The firm had revenue of $34.90 million for the quarter, compared to the consensus estimate of $33.30 million.

Himalaya Shipping Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, July 28th. Shareholders of record on Monday, July 20th were issued a dividend of $0.22 per share. The ex-dividend date was Friday, July 17th.

Institutional Investors Weigh In On Himalaya Shipping

Several hedge funds and other institutional investors have recently made changes to their positions in HSHP. Bank of America Corp DE lifted its position in shares of Himalaya Shipping by 230.4% during the 1st quarter. Bank of America Corp DE now owns 399,028 shares of the company’s stock worth $5,307,000 after purchasing an additional 278,273 shares during the last quarter. The Manufacturers Life Insurance Company bought a new stake in Himalaya Shipping during the 1st quarter valued at approximately $171,000. Public Employees Retirement System of Ohio acquired a new stake in Himalaya Shipping in the 1st quarter valued at approximately $379,000. Arrowstreet Capital Limited Partnership grew its holdings in Himalaya Shipping by 292.2% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,007,952 shares of the company’s stock valued at $13,344,000 after buying an additional 750,944 shares during the last quarter. Finally, Sei Investments Co. grew its holdings in Himalaya Shipping by 425.7% in the 1st quarter. Sei Investments Co. now owns 122,313 shares of the company’s stock valued at $1,627,000 after buying an additional 99,046 shares during the last quarter. 22.33% of the stock is owned by institutional investors and hedge funds.

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.