NASDAQ:PANL Pangaea Logistics Solutions (PANL) Stock Forecast, Price & News $5.90 +0.03 (+0.51%) (As of 12:32 PM ET) Add Compare Share Share Today's Range$5.80▼$5.9350-Day Range$5.35▼$7.0852-Week Range$4.39▼$7.24Volume51,183 shsAverage Volume225,626 shsMarket Capitalization$274.17 millionP/E Ratio6.56Dividend Yield6.78%Price TargetN/A ProfileProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Pangaea Logistics Solutions MarketRank™ ForecastAnalyst RatingN/AUpside/DownsideN/AShort InterestHealthy3.87% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.16Based on 3 Articles This WeekInsider TradingSelling Shares$69,093 Sold Last QuarterProj. Earnings Growth14.55%From $0.55 to $0.63 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.3.39 out of 5 starsTransportation Sector2nd out of 114 stocksDeep Sea Foreign Transportation Of Freight Industry1st out of 28 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Pangaea Logistics Solutions. Previous Next 4.0 Short Interest Percentage of Shares Shorted3.87% 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 5.4.Change versus previous monthShort interest in Pangaea Logistics Solutions has recently decreased by 14.17%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipPangaea Logistics Solutions is a leading dividend payer. It pays a dividend yield of 7.01%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPangaea Logistics Solutions has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Pangaea Logistics Solutions is 44.44%. 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 63.49% 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 3.4 News and Social Media Coverage News SentimentPangaea Logistics Solutions has a news sentiment score of 1.16. 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 0.60 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Pangaea Logistics Solutions this week, compared to 1 article on an average week.Search InterestOnly 1 people have searched for PANL on MarketBeat in the last 30 days. This is a decrease of -75% compared to the previous 30 days.MarketBeat Follows5 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 67% 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 sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $69,093.00 in 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 Institutions51.31% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Pangaea Logistics Solutions are expected to grow by 14.55% in the coming year, from $0.55 to $0.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 6.51, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 115.42.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 6.51, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 11.15.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.73. 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 About Pangaea Logistics Solutions (NASDAQ:PANL) StockPangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. The company offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. The company owns and operates a fleet of vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is headquartered in Newport, Rhode Island.Read More PANL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PANL Stock News HeadlinesSeptember 25, 2023 | finance.yahoo.comReturn Trends At Pangaea Logistics Solutions (NASDAQ:PANL) Aren't AppealingSeptember 9, 2023 | finance.yahoo.comAnchor Your Portfolio With These 7 High-Yield Dividend StocksSeptember 29, 2023 | Tradewins (Ad)Successful Options Trading Begins With…Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month! August 26, 2023 | finance.yahoo.comBe Sure To Check Out Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Before It Goes Ex-DividendAugust 17, 2023 | msn.comPangaea Logistics Solutions: Best-In-Class Maritime Shipper Weathering Industry DownturnAugust 13, 2023 | finance.yahoo.comInstitutional investors in Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) see US$45m decrease in market cap last week, although long-term gains have benefitted them.August 11, 2023 | msn.comPangaea Logistics Solutions: Strong Execution But Valuation Remains A ConcernAugust 10, 2023 | finance.yahoo.comQ2 2023 Pangaea Logistics Solutions Ltd Earnings CallSeptember 29, 2023 | Tradewins (Ad)Successful Options Trading Begins With…Options trading expert Wendy Kirkland’s free guide reveals the options trading principles that are as easy to implement as they are to learn and how using them could earn you thousands in extra income each month! August 9, 2023 | finance.yahoo.comPangaea Logistics (PANL) Misses Q2 Earnings and Revenue EstimatesAugust 9, 2023 | markets.businessinsider.comPangaea Logistics Solutions Ltd. Q2 Profit Decreases, misses estimatesAugust 9, 2023 | finance.yahoo.comPangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended June 30, 2023July 30, 2023 | finance.yahoo.comOne Pangaea Logistics Solutions Insider Raised Their Stake In The Previous YearJuly 28, 2023 | finance.yahoo.comPANGAEA LOGISTICS SOLUTIONS ANNOUNCES SECOND QUARTER 2023 CONFERENCE CALL DATEJuly 1, 2023 | benzinga.comPangaea Logistics Solns Director Sold $102K In Company StockJune 27, 2023 | bizjournals.comNewport-based Pangaea Logistics makes the Russell 3000June 5, 2023 | msn.comPangaea Logistics: Dividend Trends Point To A Rising Share PriceJune 2, 2023 | finance.yahoo.comPangaea Logistics Solutions Announces Completion of Port and Terminal Operations AcquisitionMay 29, 2023 | finance.yahoo.comPangaea Logistics Solutions (NASDAQ:PANL) shareholders have earned a 49% CAGR over the last three yearsMay 15, 2023 | finance.yahoo.comThe Consensus EPS Estimates For Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Just Fell DramaticallyMay 12, 2023 | msn.comPangaea Logistics Solutions (PANL) Declares $0.10 DividendMay 10, 2023 | finance.yahoo.comPangaea Logistics (PANL) Q1 Earnings and Revenues Surpass EstimatesMay 10, 2023 | markets.businessinsider.comPangaea Logistics Solutions Ltd. Q1 Profit Decreases, but beats estimatesMay 10, 2023 | finance.yahoo.comPangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2023May 3, 2023 | finance.yahoo.comPANGAEA LOGISTICS SOLUTIONS ANNOUNCES FIRST QUARTER 2023 CONFERENCE CALL DATEMay 1, 2023 | finance.yahoo.comPangaea Logistics Solutions Announces Strategic Acquisition of Port and Terminal OperationsApril 26, 2023 | finance.yahoo.comPangaea Logistics Solutions Ltd. Adds Capacity with the Acquisition of Dry Bulk VesselSee 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 PANL Company Calendar Last Earnings8/09/2023Ex-Dividend for 9/15 Dividend8/31/2023Dividend Payable9/15/2023Today9/29/2023Next Earnings (Estimated)11/09/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNASDAQ:PANL CUSIPN/A CIK1005284 Webwww.pangaeals.com Phone(401) 846-7790Fax401-846-1520Employees70Year Founded2008Profitability EPS (Most Recent Fiscal Year)$0.90 Trailing P/E Ratio6.52 Forward P/E Ratio10.67 P/E GrowthN/ANet Income$79.49 million Net Margins7.46% Pretax Margin7.67% Return on Equity13.04% Return on Assets6.43% Debt Debt-to-Equity Ratio0.65 Current Ratio1.69 Quick Ratio1.44 Sales & Book Value Annual Sales$699.71 million Price / Sales0.39 Cash Flow$2.50 per share Price / Cash Flow2.35 Book Value$8.03 per share Price / Book0.73Miscellaneous Outstanding Shares46,470,000Free Float35,241,000Market Cap$272.78 million OptionableNot Optionable Beta0.76 Social Links Ten Starter Stocks For Beginners to Buy NowJust getting into the stock market? These 10 simple stocks can help beginning investors build long-term wealth without knowing options, technicals, or other advanced strategies.Get This Free Report Key ExecutivesMr. Mark L. Filanowski (Age 69)CEO & Director Comp: $1.64MMr. Gianni Del Signore (Age 40)CFO & Sec. Comp: $672.73kMr. Mads Rosenberg Boye PetersenChief Operating OfficerKey CompetitorsCapital Product PartnersNASDAQ:CPLPOverseas Shipholding GroupNYSE:OSGHimalaya ShippingNYSE:HSHPEuroseasNASDAQ:ESEAStealthGasNASDAQ:GASSView All CompetitorsInsiders & InstitutionsBarclays PLCSold 25,623 shares on 9/21/2023Ownership: 0.016%California State Teachers Retirement SystemBought 12,119 shares on 8/21/2023Ownership: 0.026%Wells Fargo & Company MNBought 13,454 shares on 8/15/2023Ownership: 0.031%Citadel Advisors LLCSold 17,100 shares on 8/15/2023Ownership: 0.000%Royal Bank of CanadaBought 3,801 shares on 8/15/2023Ownership: 0.008%View All Insider TransactionsView All Institutional Transactions PANL Stock - Frequently Asked Questions How have PANL shares performed in 2023? Pangaea Logistics Solutions' stock was trading at $5.15 on January 1st, 2023. Since then, PANL stock has increased by 14.0% and is now trading at $5.87. View the best growth stocks for 2023 here. Are investors shorting Pangaea Logistics Solutions? Pangaea Logistics Solutions saw a decrease in short interest in September. As of September 15th, there was short interest totaling 1,030,000 shares, a decrease of 14.2% from the August 31st total of 1,200,000 shares. Based on an average daily volume of 191,200 shares, the short-interest ratio is presently 5.4 days. Approximately 3.9% of the company's shares are sold short. View Pangaea Logistics Solutions' Short Interest. When is Pangaea Logistics Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, November 9th 2023. View our PANL earnings forecast. How were Pangaea Logistics Solutions' earnings last quarter? Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) issued its earnings results on Wednesday, August, 9th. The shipping company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.13 by $0.03. The shipping company had revenue of $118.08 million for the quarter, compared to analyst estimates of $118.64 million. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 13.04% and a net margin of 7.46%. During the same quarter in the previous year, the business posted $0.64 EPS. 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 Monday, August 7th. Investors of record on Friday, September 1st will be given a dividend of $0.10 per share on Friday, September 15th. This represents a $0.40 annualized dividend and a dividend yield of 6.81%. The ex-dividend date of this dividend is Thursday, August 31st. 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. 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 6.93%. PANL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 44.44%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PANL will have a dividend payout ratio of 63.49% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PANL. 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). What is Pangaea Logistics Solutions' stock symbol? Pangaea Logistics Solutions trades on the NASDAQ under the ticker symbol "PANL." 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 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 $5.87. How much money does Pangaea Logistics Solutions make? Pangaea Logistics Solutions (NASDAQ:PANL) has a market capitalization of $272.78 million and generates $699.71 million in revenue each year. The shipping company earns $79.49 million in net income (profit) each year or $0.90 on an earnings per share basis. How can I contact Pangaea Logistics Solutions? Pangaea Logistics Solutions' mailing address is 109 LONG WHARF, NEWPORT RI, 02840. The official website for the company is www.pangaeals.com. The shipping company can be reached via phone at (401) 846-7790, via email at trozycki@prosek.com, or via fax at 401-846-1520. This page (NASDAQ:PANL) was last updated on 9/29/2023 by MarketBeat.com Staff 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. 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