NASDAQ:PANL Pangaea Logistics Solutions (PANL) Stock Price, News & Analysis → Your $200 account credit is about to expire (From MarketBeat) (Ad) Free PANL Stock Alerts $6.89 +0.05 (+0.73%) (As of 01:14 PM ET) Add Compare Share Share Today's Range$6.82▼$6.9550-Day Range$6.73▼$9.5252-Week Range$5.23▼$9.52Volume100,059 shsAverage Volume337,087 shsMarket Capitalization$321.90 millionP/E Ratio11.68Dividend Yield5.81%Price Target$8.75 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Pangaea Logistics Solutions alerts: Email Address Pangaea Logistics Solutions MarketRank™ Stock AnalysisAnalyst RatingHold2.00 Rating ScoreUpside/Downside26.6% Upside$8.75 Price TargetShort InterestHealthy1.70% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.34Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth30.59%From $0.85 to $1.11 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.84 out of 5 starsTransportation Sector9th out of 116 stocksDeep Sea Foreign Transportation Of Freight Industry2nd out of 26 stocks 3.0 Analyst's Opinion Consensus RatingPangaea Logistics Solutions has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $8.75, Pangaea Logistics Solutions has a forecasted upside of 26.6% from its current price of $6.91.Amount of Analyst CoveragePangaea Logistics Solutions has only been the subject of 1 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.70% of the float of Pangaea Logistics Solutions has been sold short.Short Interest Ratio / Days to CoverPangaea Logistics Solutions has a short interest ratio ("days to cover") of 1.3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pangaea Logistics Solutions has recently increased by 3.94%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipPangaea Logistics Solutions is a leading dividend payer. It pays a dividend yield of 5.94%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPangaea Logistics Solutions does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Pangaea Logistics Solutions is 67.80%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Pangaea Logistics Solutions will have a dividend payout ratio of 36.04% next year. This indicates that Pangaea Logistics Solutions will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PANL. Previous Next 3.5 News and Social Media Coverage News SentimentPangaea Logistics Solutions has a news sentiment score of 1.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Pangaea Logistics Solutions this week, compared to 1 article on an average week.Search Interest18 people have searched for PANL on MarketBeat in the last 30 days. This is an increase of 38% compared to the previous 30 days.MarketBeat FollowsOnly 10 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -63% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Pangaea Logistics Solutions insiders have not sold or bought any company stock.Percentage Held by Insiders24.16% of the stock of Pangaea Logistics Solutions is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions60.23% of the stock of Pangaea Logistics Solutions is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 3.8 Earnings and Valuation Earnings GrowthEarnings for Pangaea Logistics Solutions are expected to grow by 30.59% in the coming year, from $0.85 to $1.11 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 11.71, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.13.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 11.71, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.14.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatYour $200 account credit is about to expireUpdate to MarketBeat All Access and Save $300 on Your Annual SubscriptionStart Your Risk-Free Trial Here About Pangaea Logistics Solutions Stock (NASDAQ:PANL)Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company's ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.Read More PANL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PANL Stock News HeadlinesMarch 28, 2024 | seekingalpha.comPangaea Logistics: Despite The Discouraging Q4 2023 Results, It Is Still A BuyMarch 27, 2024 | americanbankingnews.comPangaea Logistics Solutions (NASDAQ:PANL) Cut to Hold at StockNews.comMarch 28, 2024 | DTI (Ad)Warning: this could blow your mindBuckle up… ‘Cause this might shatter everything you’ve heard about “income trading”. In fact, it’s such an extreme diversion from what most people think of typical income trades that I call it: The Perfect Income Trade You see, most of the income techniques out there target a couple of percent. Maybe 5 - 10 percent if you’re lucky. But this new way of trading income on the world’s top stocks goes after more than 10x that kind of return. And here’s the best news of all: This trade can target an opportunity like that every week. Every single week. Meaning an investor has the chance to “stack up” these more aggressive income trades over and over. If that sounds interesting…March 20, 2024 | americanbankingnews.comPangaea Logistics Solutions (NASDAQ:PANL) Raised to Buy at StockNews.comMarch 17, 2024 | seekingalpha.comPangaea Logistics Solutions: Post-Earnings Selloff Provides Buying OpportunityMarch 15, 2024 | marketwatch.comPangaea Logistics Stock Falls 19% on Wall Street MissMarch 15, 2024 | finance.yahoo.comPangaea Logistics Solutions Full Year 2023 Earnings: Misses ExpectationsMarch 15, 2024 | insidermonkey.comPangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Q4 2023 Earnings Call TranscriptMarch 28, 2024 | Insiders Exposed (Ad)This consistently signaled gains of 453%... 610%... and even 1036%...It doesn’t happen often, but occasionally, something completely unique comes across my radar. In this case, I’m talking about legal “Insider Trading”. Traders who have consistently signaled 453% … 610% .. and even 1036%... gains. And until now they have been doing it completely under the radar. In an upcoming interview I am revealing the strategy behind this gold-mine and how you can piggy back their every trade.March 15, 2024 | prnewswire.comPangaea Logistics Solutions Ltd. Announces Renewal of Shelf Registration StatementMarch 14, 2024 | msn.comPangaea Logistics Non-GAAP EPS of $0.16 misses by $0.18, revenue of $131.88M misses by $8.56MMarch 13, 2024 | benzinga.comRecap: Pangaea Logistics Solns Q4 EarningsMarch 13, 2024 | markets.businessinsider.comPangaea Logistics Solutions Ltd. Q4 Profit Decreases, misses estimatesMarch 13, 2024 | finance.yahoo.comPangaea Logistics Solutions Ltd. (PANL) Reports Mixed Year-End Results Amid Market ChallengesMarch 13, 2024 | prnewswire.comPangaea Logistics Solutions Ltd. Reports Financial Results for the Three Months and Year Ended December 31, 2023March 13, 2024 | msn.comBlu Boys rule Pangaea CupMarch 9, 2024 | finance.yahoo.comSlowing Rates Of Return At Pangaea Logistics Solutions (NASDAQ:PANL) Leave Little Room For ExcitementMarch 8, 2024 | prnewswire.comPANGAEA LOGISTICS SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 CONFERENCE CALL DATEFebruary 25, 2024 | msn.comPangaea Logistics Solutions (PANL) Price Target Increased by 7.98% to 9.77February 24, 2024 | finance.yahoo.comHere's What We Like About Pangaea Logistics Solutions' (NASDAQ:PANL) Upcoming DividendFebruary 22, 2024 | finance.yahoo.comInsider Buying: Pangaea Logistics Solutions Lead Independent Director Bought US$120k Of SharesFebruary 19, 2024 | finance.yahoo.comPangaea Logistics Solutions' (NASDAQ:PANL) Dividend Will Be $0.10February 15, 2024 | finance.yahoo.comPangaea Logistics Solutions Ltd. Announces Quarterly Cash DividendFebruary 15, 2024 | prnewswire.comPangaea Logistics Solutions Ltd. Announces Quarterly Cash DividendFebruary 14, 2024 | wsj.comPangaea Logistics Solutions Ltd.February 6, 2024 | finance.yahoo.comTeekay Tanker (TNK) and Pangaea Logistics Solutions (PANL) Are Aggressive Growth StocksFebruary 6, 2024 | finance.yahoo.comZacks.com featured highlights Cimpress, GigaCloud, AZZ, Pangaea Logistics and PhotronicsSee More Headlines Receive PANL Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Pangaea Logistics Solutions and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 3/15 Dividend2/29/2024Last Earnings3/13/2024Dividend Payable3/15/2024Today3/28/2024Next Earnings (Estimated)5/08/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNASDAQ:PANL CUSIPN/A CIK1005284 Webwww.pangaeals.com Phone(401) 846-7790Fax401-846-1520Employees151Year Founded2008Price Target and Rating Average Stock Price Target$8.75 High Stock Price Target$8.75 Low Stock Price Target$8.75 Potential Upside/Downside+27.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio11.59 Forward P/E Ratio8.05 P/E GrowthN/ANet Income$26.32 million Net Margins5.27% Pretax Margin5.72% Return on Equity8.54% Return on Assets4.35% Debt Debt-to-Equity Ratio0.57 Current Ratio1.82 Quick Ratio1.66 Sales & Book Value Annual Sales$499.27 million Price / Sales0.64 Cash Flow$1.37 per share Price / Cash Flow5.00 Book Value$7.97 per share Price / Book0.86Miscellaneous Outstanding Shares46,720,000Free Float35,433,000Market Cap$319.56 million OptionableOptionable Beta0.86 Social Links 7 Stocks to Own Before the 2024 ElectionLooking to avoid the hassle of mudslinging, volatility, and uncertainty? You'd need to be out of the market, which isn’t viable. So where should investors put their money? Find out with this report.Get This Free Report Key ExecutivesMr. Mark L. Filanowski (Age 70)CEO & Director Comp: $1.44MMr. Gianni Del Signore (Age 41)CFO & Secretary Comp: $981.99kMr. Mads Rosenberg Boye PetersenChief Operating OfficerKey CompetitorsYellowNASDAQ:YELLDiana ShippingNYSE:DSXCapital Product PartnersNASDAQ:CPLPARQNASDAQ:ARQCompX InternationalNYSE:CIXView All CompetitorsInsiders & InstitutionsQuadrature Capital LtdBought 20,529 shares on 3/25/2024Ownership: 0.083%Vanguard Group Inc.Bought 11,522 shares on 3/11/2024Ownership: 1.481%Wellington Management Group LLPSold 539,600 shares on 3/5/2024Ownership: 3.287%Goldman Sachs Group Inc.Sold 85,908 shares on 3/1/2024Ownership: 0.426%Virtu Financial LLCBought 17,408 shares on 2/26/2024Ownership: 0.037%View All Insider TransactionsView All Institutional Transactions PANL Stock Analysis - Frequently Asked Questions Should I buy or sell Pangaea Logistics Solutions stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Pangaea Logistics Solutions in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" PANL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in PANL, but not buy additional shares or sell existing shares. View PANL analyst ratings or view top-rated stocks. What is Pangaea Logistics Solutions' stock price target for 2024? 1 equities research analysts have issued 1-year price objectives for Pangaea Logistics Solutions' stock. Their PANL share price targets range from $8.75 to $8.75. On average, they predict the company's share price to reach $8.75 in the next twelve months. This suggests a possible upside of 26.6% from the stock's current price. View analysts price targets for PANL or view top-rated stocks among Wall Street analysts. How have PANL shares performed in 2024? Pangaea Logistics Solutions' stock was trading at $8.24 on January 1st, 2024. Since then, PANL shares have decreased by 16.1% and is now trading at $6.91. View the best growth stocks for 2024 here. When is Pangaea Logistics Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 8th 2024. View our PANL earnings forecast. How were Pangaea Logistics Solutions' earnings last quarter? Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) posted its quarterly earnings data on Wednesday, March, 13th. The shipping company reported $0.16 EPS for the quarter, missing analysts' consensus estimates of $0.44 by $0.28. The shipping company had revenue of $131.88 million for the quarter, compared to the consensus estimate of $152.31 million. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 8.54% and a net margin of 5.27%. During the same period in the previous year, the business earned $0.32 earnings per share. How often does Pangaea Logistics Solutions pay dividends? What is the dividend yield for Pangaea Logistics Solutions? Pangaea Logistics Solutions declared a quarterly dividend on Thursday, February 15th. Stockholders of record on Friday, March 1st will be paid a dividend of $0.10 per share on Friday, March 15th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 5.79%. The ex-dividend date is Thursday, February 29th. Read our dividend analysis for PANL. Is Pangaea Logistics Solutions a good dividend stock? Pangaea Logistics Solutions (NASDAQ:PANL) pays an annual dividend of $0.40 per share and currently has a dividend yield of 5.94%. PANL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 67.80%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PANL will have a dividend payout ratio of 36.04% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PANL. What ETF holds Pangaea Logistics Solutions' stock? SonicShares Global Shipping ETF holds 8,995 shares of PANL stock, representing 0.32% of its portfolio. What other stocks do shareholders of Pangaea Logistics Solutions own? Based on aggregate information from My MarketBeat watchlists, some companies that other Pangaea Logistics Solutions investors own include Enterprise Products Partners (EPD), Philip Morris International (PM), Ventas (VTR), AcelRx Pharmaceuticals (ACRX), Allena Pharmaceuticals (ALNA), Amarin (AMRN), Abraxas Petroleum (AXAS), Kimco Realty (KIM), Zevra Therapeutics (KMPH) and Occidental Petroleum (OXY). Who are Pangaea Logistics Solutions' major shareholders? Pangaea Logistics Solutions' stock is owned by many different retail and institutional investors. Top institutional investors include Wellington Management Group LLP (3.29%), Dimensional Fund Advisors LP (2.95%), Cable Car Capital LLC (1.91%), Vanguard Group Inc. (1.48%), Vanguard Group Inc. (1.48%) and Bridgeway Capital Management LLC (1.23%). Insiders that own company stock include David Sgro, Eric Rosenfeld and One Acquisition Holdin Pangaea. View institutional ownership trends. How do I buy shares of Pangaea Logistics Solutions? Shares of PANL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:PANL) was last updated on 3/28/2024 by MarketBeat.com Staff From Our PartnersGrab Your Free Bitcoin Today!Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders Alliance“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisorySHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyBuy this small stock before coming AI Tidal WaveChaikin AnalyticsThe 3rd Revolution in WarfareWeiss Ratings Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Pangaea Logistics Solutions, Ltd. Please log in to your account or sign up in order to add this asset to your watchlist. 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