HSHP

Himalaya Shipping
HSHP

$7.98
0.5%

Market Cap: $350M

 

About: Himalaya Shipping Ltd is an independent dry bulk company that focuses on owning and operating its Newcastlemax dry bulk carriers.

Employees: 2

0
Funds holding %
of 6,710 funds
–
Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

175% more first-time investments, than exits

New positions opened: 11 | Existing positions closed: 4

73% more repeat investments, than reductions

Existing positions increased: 26 | Existing positions reduced: 15

32% more capital invested

Capital invested by funds: $55.5M [Q1] → $73.3M (+$17.9M) [Q2]

14% more funds holding

Funds holding: 49 [Q1] → 56 (+7) [Q2]

1.85% more ownership

Funds ownership: 16.52% [Q1] → 18.37% (+1.85%) [Q2]

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Research analyst outlook

We haven’t received any recent analyst ratings for HSHP.

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Financial journalist opinion

Positive
Investors Business Daily
1 month ago
Cheap Stocks To Buy: Gold Stock, Argentine Bank Near More Time For A Bullish Set-Up
Himalaya Shipping also needs time to build a new good base.
Cheap Stocks To Buy: Gold Stock, Argentine Bank Near More Time For A Bullish Set-Up
Positive
Seeking Alpha
6 months ago
Himalaya Shipping: Newcastlemax-Only Play For Shipping Growth Investors
Himalaya Shipping is a top pick for shipping growth stocks. The company owns a top-notch fleet of Newcastlemax bulk carriers built in 2023/2024 with dual-fuel LNG propulsion plants. The bulk carriers market is getting stronger, with increasing demand for Capesize/Newcastlemax vessels due to growing exports of iron ore and coal. HSHP has a leveraged balance sheet, which is expected given its new fleet. The company's liquidity will improve with stronger day rates, mitigating the financial risk.
Himalaya Shipping: Newcastlemax-Only Play For Shipping Growth Investors
Positive
Seeking Alpha
8 months ago
Himalaya Shipping: High Risk, Potentially Higher Reward
Himalaya is a new player in the dry bulk industry with high leverage and potential for exceptional returns in a bull market. Having taken delivery of a majority of its fleet of 12 newly-built Newcastlemaxes, the company will soon start paying a dividend. Himalaya's strategy is to keep its vessels on index-linked charters to maximize earnings and to pay out essentially all of its free cash flow to shareholders.
Himalaya Shipping: High Risk, Potentially Higher Reward
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