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NASDAQ:PANL

Pangaea Logistics Solutions Stock Forecast, Price & News

$3.82
-0.16 (-4.02%)
(As of 11/30/2021 12:00 AM ET)
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Compare
Today's Range
$3.72
$3.96
50-Day Range
$3.81
$5.24
52-Week Range
$2.39
$6.20
Volume
221,885 shs
Average Volume
381,483 shs
Market Capitalization
$174.35 million
P/E Ratio
2.87
Dividend Yield
3.48%
Beta
0.65
30 days | 90 days | 365 days | Advanced Chart
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Pangaea Logistics Solutions logo

About Pangaea Logistics Solutions

Pangaea Logistics Solutions Ltd. engages in the provision of seaborne dry bulk logistics and transportation services to industrial customers worldwide. It operates through following segments: Supramax, Ultramax, Panamax, and Handymax vessels. The company was founded by Edward Coll, Carl Claus Boggild, and Anthony Laura on April 29, 2014 and is headquartered in Newport, RI.

Headlines

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Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Current Symbol
NASDAQ:PANL
Employees
70
Year Founded
N/A

Sales & Book Value

Annual Sales
$382.90 million
Cash Flow
$0.60 per share
Book Value
$6.23 per share

Profitability

Net Income
$11.35 million
Pretax Margin
10.51%

Debt

Price-To-Earnings

Miscellaneous

Free Float
25,755,000
Market Cap
$174.35 million
Optionable
Not Optionable

Company Calendar

Ex-Dividend
8/31/2021
Dividend Payable
9/15/2021
Last Earnings
11/09/2021
Today
11/30/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
3/21/2022

MarketRank

Overall MarketRank

3.36 out of 5 stars

Transportation Sector

2nd out of 172 stocks

Deep Sea Foreign Transportation Of Freight Industry

1st out of 45 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.8 5 -4 -3 -2 -1 -












Pangaea Logistics Solutions (NASDAQ:PANL) Frequently Asked Questions

Is Pangaea Logistics Solutions a buy 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 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" Pangaea Logistics Solutions stock.
View analyst ratings for Pangaea Logistics Solutions
or view top-rated stocks.

How has Pangaea Logistics Solutions' stock been impacted by COVID-19?

Pangaea Logistics Solutions' stock was trading at $2.44 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, PANL shares have increased by 56.6% and is now trading at $3.82.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Pangaea Logistics Solutions?

Pangaea Logistics Solutions saw a increase in short interest during the month of October. As of October 15th, there was short interest totaling 414,800 shares, an increase of 51.3% from the September 30th total of 274,200 shares. Based on an average daily volume of 431,200 shares, the short-interest ratio is presently 1.0 days. Approximately 1.6% of the shares of the stock are short sold.
View Pangaea Logistics Solutions' Short Interest
.

When is Pangaea Logistics Solutions' next earnings date?

Pangaea Logistics Solutions is scheduled to release its next quarterly earnings announcement on Monday, March 21st 2022.
View our earnings forecast for Pangaea Logistics Solutions
.

How were Pangaea Logistics Solutions' earnings last quarter?

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) issued its earnings results on Tuesday, November, 9th. The shipping company reported $0.48 earnings per share for the quarter, missing the consensus estimate of $0.50 by $0.02. Pangaea Logistics Solutions had a net margin of 10.00% and a trailing twelve-month return on equity of 17.55%. During the same period in the previous year, the business earned $0.19 earnings per share.
View Pangaea Logistics Solutions' earnings history
.

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 Tuesday, November 9th. Investors of record on Wednesday, December 1st will be paid a dividend of $0.035 per share on Wednesday, December 15th. This represents a $0.14 annualized dividend and a yield of 3.66%. The ex-dividend date is Tuesday, November 30th.
View Pangaea Logistics Solutions' dividend history
.

Is Pangaea Logistics Solutions a good dividend stock?

Pangaea Logistics Solutions pays an annual dividend of $0.14 per share and currently has a dividend yield of 3.48%. Pangaea Logistics Solutions does not yet have a strong track record of dividend growth. The dividend payout ratio of Pangaea Logistics Solutions is 10.53%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Pangaea Logistics Solutions will have a dividend payout ratio of 10.85% next year. This indicates that Pangaea Logistics Solutions will be able to sustain or increase its dividend.
View Pangaea Logistics Solutions' dividend history.

What price target have analysts set for PANL?

1 Wall Street analysts have issued 12-month price objectives for Pangaea Logistics Solutions' shares. Their forecasts range from $8.50 to $8.50. On average, they expect Pangaea Logistics Solutions' stock price to reach $8.50 in the next twelve months. This suggests a possible upside of 122.5% from the stock's current price.
View analysts' price targets for Pangaea Logistics Solutions
or view top-rated stocks among Wall Street analysts.

Who are Pangaea Logistics Solutions' key executives?

Pangaea Logistics Solutions' management team includes the following people:
  • Mark Lewis Filanowski, Director, Chief Executive & Operating Officer
  • Gianni Del Signore, Director, Chief Financial & Accounting Officer

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), KemPharm (KMPH) and Occidental Petroleum (OXY).

What is Pangaea Logistics Solutions' stock symbol?

Pangaea Logistics Solutions trades on the NASDAQ under the ticker symbol "PANL."

Who are Pangaea Logistics Solutions' major shareholders?

Pangaea Logistics Solutions' stock is owned by many different retail and institutional investors. Top institutional shareholders include VR Advisory Services Ltd (6.56%), Wellington Management Group LLP (5.76%), Renaissance Technologies LLC (0.86%), Marshall Wace LLP (0.74%), Dimensional Fund Advisors LP (0.69%) and Morgan Stanley (0.63%). Company insiders that own Pangaea Logistics Solutions stock include Gianni Delsignore and One Acquisition Holdin Pangaea.
View institutional ownership trends for Pangaea Logistics Solutions
.

Which major investors are selling Pangaea Logistics Solutions stock?

PANL stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, VR Advisory Services Ltd, Morgan Stanley, Millennium Management LLC, and BlackRock Inc..
View insider buying and selling activity for Pangaea Logistics Solutions
or view top insider-selling stocks.

Which major investors are buying Pangaea Logistics Solutions stock?

PANL stock was bought by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Marshall Wace LLP, Dimensional Fund Advisors LP, L & S Advisors Inc, Two Sigma Investments LP, O Shaughnessy Asset Management LLC, Annex Advisory Services LLC, and Geode Capital Management LLC.
View insider buying and selling activity for Pangaea Logistics Solutions
or or view top insider-buying stocks.

How do I buy shares of Pangaea Logistics Solutions?

Shares of PANL can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Pangaea Logistics Solutions' stock price today?

One share of PANL stock can currently be purchased for approximately $3.82.

How much money does Pangaea Logistics Solutions make?

Pangaea Logistics Solutions has a market capitalization of $174.35 million and generates $382.90 million in revenue each year. The shipping company earns $11.35 million in net income (profit) each year or $1.33 on an earnings per share basis.

How many employees does Pangaea Logistics Solutions have?

Pangaea Logistics Solutions employs 70 workers across the globe.

What is Pangaea Logistics Solutions' official website?

The official website for Pangaea Logistics Solutions is www.pangaeals.com.

Where are Pangaea Logistics Solutions' headquarters?

Pangaea Logistics Solutions is headquartered at 109 LONG WHARF, NEWPORT RI, 02840.

How can I contact Pangaea Logistics Solutions?

Pangaea Logistics Solutions' mailing address is 109 LONG WHARF, NEWPORT RI, 02840. The shipping company can be reached via phone at (401) 846-7790, via email at [email protected], or via fax at 401-846-1520.


This page was last updated on 11/30/2021 by MarketBeat.com Staff

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