NASDAQ:PANL Pangaea Logistics Solutions (PANL) Stock Price, News & Analysis → The Hard Truth About Investing For Retirement (From Insiders Exposed) (Ad) Free PANL Stock Alerts $6.99 +0.07 (+1.01%) (As of 11:43 AM ET) Add Compare Share Share Today's Range$6.94▼$7.0450-Day Range$6.52▼$8.5952-Week Range$5.28▼$9.52Volume33,311 shsAverage Volume312,751 shsMarket Capitalization$326.57 millionP/E Ratio11.85Dividend Yield5.72%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/Downside25.2% Upside$8.75 Price TargetShort InterestHealthy1.33% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth26.44%From $0.87 to $1.10 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.4.27 out of 5 starsTransportation Sector30th out of 115 stocksDeep Sea Foreign Transportation Of Freight Industry4th 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.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 Shorted1.33% 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 3.27%, 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 5.83%, 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 36.36% 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 0.0 News and Social Media Coverage Search InterestOnly 7 people have searched for PANL on MarketBeat in the last 30 days. This is a decrease of -61% compared to the previous 30 days.MarketBeat FollowsOnly 2 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -78% 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 26.44% in the coming year, from $0.87 to $1.10 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 11.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 137.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 11.85, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.64.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.88. 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 DTIHow a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…Click now to see for yourself what $0.25 Cent Trades is all about 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 HeadlinesApril 14, 2024 | finance.yahoo.comThose who invested in Pangaea Logistics Solutions (NASDAQ:PANL) three years ago are up 162%March 29, 2024 | msn.comTissues are a must for Lyric's enthralling 'King of Pangaea,' a 'musical memoir'April 26, 2024 | DTI (Ad)How a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…March 28, 2024 | seekingalpha.comPangaea Logistics: Despite The Discouraging Q4 2023 Results, It Is Still A BuyMarch 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 TranscriptApril 26, 2024 | DTI (Ad)How a $0.25 cent option contract makes my top traders feelIf you don’t know me, I’ve been in the markets for over 40 years… but recently, I’ve discovered a breakthrough that might be my favorite strategy of ALL time! While I kept the finer details of these $0.25 Cent Trades under wraps until recently…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 Payable3/15/2024Today4/26/2024Next 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+26.4%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.59 Trailing P/E Ratio11.73 Forward P/E Ratio7.95 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 / Sales0.65 Cash Flow$1.36 per share Price / Cash Flow5.09 Book Value$7.97 per share Price / Book0.87Miscellaneous Outstanding Shares46,720,000Free Float35,433,000Market Cap$323.30 million OptionableOptionable Beta0.85 Social Links 7 AI Stocks to Invest In: An Introduction to AI Investing For Self-Directed InvestorsAs the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.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 CompetitorsDiana ShippingNYSE:DSXHimalaya ShippingNYSE:HSHPCapital Product PartnersNASDAQ:CPLPSEACOR MarineNYSE:SMHIEuroseasNASDAQ:ESEAView All CompetitorsInsiders & InstitutionsAllspring Global Investments Holdings LLCBought 34,436 shares on 4/18/2024Ownership: 0.074%Rockland Trust Co.Bought 5,107 shares on 4/11/2024Ownership: 18.297%Quadrature Capital LtdBought 20,529 shares on 3/25/2024Ownership: 0.083%Wellington Management Group LLPSold 539,600 shares on 3/5/2024Ownership: 3.287%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 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 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 research analysts have issued 12-month target prices for Pangaea Logistics Solutions' shares. 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 year. This suggests a possible upside of 25.2% 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 start of the year. Since then, PANL stock has decreased by 15.2% and is now trading at $6.99. 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 quarterly earnings data on Wednesday, March, 13th. The shipping company reported $0.16 earnings per share (EPS) 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 analyst estimates of $152.31 million. Pangaea Logistics Solutions had a net margin of 5.27% and a trailing twelve-month return on equity of 8.54%. During the same period in the prior year, the firm posted $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 announced a quarterly dividend on Thursday, February 15th. Investors 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 dividend yield of 5.72%. 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 5.83%. 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 36.36% 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). Who are Pangaea Logistics Solutions' major shareholders? Pangaea Logistics Solutions' stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Rockland Trust Co. (18.30%) and Allspring Global Investments Holdings LLC (0.07%). 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 4/26/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsThese AI trades triggered this morning (545% return)Prosper Trading AcademyThe A.I. story nobody is telling you (Read ASAP)TradeSmithDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsFed launches fourth dollar overhaulStansberry ResearchThe AI stock to buy right nowStockEarningsThe only accurate crypto trading system I know …Weiss RatingsBiden out June 13; Kamala won’t replace him?Paradigm Press 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. 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