NASDAQ:PANL Pangaea Logistics Solutions (PANL) Stock Price, News & Analysis → Like Tiny Crypto Retirement Funds (From Crypto 101 Media) (Ad) Free PANL Stock Alerts $6.75 -0.09 (-1.32%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$6.69▼$6.9550-Day Range$6.75▼$9.5252-Week Range$5.06▼$9.52Volume480,381 shsAverage Volume339,926 shsMarket Capitalization$313.67 millionP/E Ratio11.44Dividend Yield5.93%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/Downside29.6% Upside$8.75 Price TargetShort InterestHealthy1.63% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.13Based on 14 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.3.63 out of 5 starsTransportation Sector47th out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry13th out of 28 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 29.6% from its current price of $6.75.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 Shorted1.63% 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 0.91%, indicating that investor sentiment is decreasing. Previous Next 2.5 Dividend Strength Dividend LeadershipPangaea Logistics Solutions is a leading dividend payer. It pays a dividend yield of 5.71%, 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%. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for PANL. Previous Next 2.3 News and Social Media Coverage News SentimentPangaea Logistics Solutions has a news sentiment score of 0.13. 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 lower news sentiment than the 0.49 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Pangaea Logistics Solutions this week, compared to 1 article on an average week.Search Interest17 people have searched for PANL on MarketBeat in the last 30 days. This is an increase of 31% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -68% compared to the previous 30 days. Previous Next 2.5 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 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 1.9 Earnings and Valuation Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 11.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 11.44, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 16.97.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.84. 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 Crypto Swap ProfitsClaim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.Secure Your Spot Now 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. 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 Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PANL Stock News HeadlinesMarch 17, 2024 | seekingalpha.comPangaea Logistics Solutions: Post-Earnings Selloff Provides Buying OpportunityMarch 15, 2024 | marketwatch.comPangaea Logistics Stock Falls 19% on Wall Street MissMarch 18, 2024 | Crypto Swap Profits (Ad)Claim Your Complimentary Bitcoin RewardMany have already secured their free Bitcoin reward offered by our esteemed guest. How about you? In an effort to spread the word about our upcoming workshop, he's generously offering $10 in Bitcoin (BTC) to participants. Absolutely no strings attached.March 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 15, 2024 | prnewswire.comPangaea Logistics Solutions Ltd. Announces Renewal of Shelf Registration StatementMarch 15, 2024 | americanbankingnews.comPangaea Logistics Solutions (NASDAQ:PANL) Announces Quarterly Earnings Results, Misses Estimates By $0.28 EPSMarch 14, 2024 | msn.comPangaea Logistics Non-GAAP EPS of $0.16 misses by $0.18, revenue of $131.88M misses by $8.56MMarch 18, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…March 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 11, 2024 | americanbankingnews.comPangaea Logistics Solutions (PANL) to Release Quarterly Earnings on WednesdayMarch 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 PhotronicsFebruary 5, 2024 | realmoney.thestreet.comPangaea Logistics just downgraded at Alliance Global Partners, here's whySee 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 Payable3/15/2024Today3/18/2024Next 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) 846-7790Fax401-846-1520Employees70Year 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+29.6%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio11.44 Forward P/E Ratio5.53 P/E GrowthN/ANet Income$79.49 million Net Margins5.27% Pretax Margin8.51% Return on Equity8.56% Return on Assets4.32% Debt Debt-to-Equity Ratio0.58 Current Ratio1.72 Quick Ratio1.49 Sales & Book Value Annual Sales$499.27 million Price / Sales0.63 Cash Flow$2.37 per share Price / Cash Flow2.85 Book Value$8.03 per share Price / Book0.84Miscellaneous Outstanding Shares46,470,000Free Float35,241,000Market Cap$313.67 million OptionableOptionable Beta0.86 Social Links The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Mark L. Filanowski (Age 70)CEO & Director Comp: $1.64MMr. Gianni Del Signore (Age 41)CFO & Secretary Comp: $672.73kMr. Mads Rosenberg Boye PetersenChief Operating OfficerKey CompetitorsCapital Product PartnersNASDAQ:CPLPDiana ShippingNYSE:DSXOverseas Shipholding GroupNYSE:OSGSEACOR MarineNYSE:SMHIHimalaya ShippingNYSE:HSHPView All CompetitorsInsiders & InstitutionsVanguard 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%Quarry LPBought 4,215 shares on 2/20/2024Ownership: 0.009%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 equities research analysts have issued "buy," "hold," and "sell" ratings for Pangaea Logistics Solutions in the last twelve months. There are currently 1 hold rating for the stock. The consensus among Wall Street equities 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 Wall Street analysts have issued 12-month price objectives for Pangaea Logistics Solutions' stock. Their PANL share price targets range from $8.75 to $8.75. On average, they anticipate the company's stock price to reach $8.75 in the next twelve months. This suggests a possible upside of 29.6% 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 at the beginning of 2024. Since then, PANL stock has decreased by 18.1% and is now trading at $6.75. 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) issued its earnings results on Wednesday, March, 13th. The shipping company reported $0.16 earnings per share for the quarter, missing the consensus estimate of $0.44 by $0.28. The shipping company earned $131.88 million during the quarter, compared to the consensus estimate of $152.31 million. Pangaea Logistics Solutions had a net margin of 5.27% and a trailing twelve-month return on equity of 8.56%. During the same period in the previous year, the business posted $0.32 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 Thursday, February 15th. Shareholders of record on Friday, March 1st will be given a dividend of $0.10 per share on Friday, March 15th. This represents a $0.40 annualized dividend and a yield of 5.93%. 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 5.71%. 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%. 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 shareholders 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 3/18/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial MetalsLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceStock-Picking AI Predicts #1 Stock of 2024AltimetryDid you make $29,000 two days with AI options trades?Prosper Trading AcademyForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThe world’s greatest investmentPorter & Company 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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