NASDAQ:PANLPangaea Logistics Solutions Stock Price, Forecast & News

Pangaea Logistics Solutions' stock was trading at $2.44 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, PANL stock has decreased by 3.7% and is now trading at $2.35.
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Pangaea Logistics Solutions is scheduled to release its next quarterly earnings announcement on Wednesday, August 12th 2020.
View our earnings forecast for Pangaea Logistics Solutions.

Pangaea Logistics Solutions will be holding an earnings conference call on Wednesday, August 12th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Pangaea Logistics Solutions Ltd (NASDAQ:PANL) announced its earnings results on Wednesday, May, 13th. The shipping company reported ($0.09) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.12. The shipping company had revenue of $95.88 million for the quarter. Pangaea Logistics Solutions had a net margin of 0.27% and a return on equity of 5.30%. During the same period last year, the business earned $0.09 earnings per share.
View Pangaea Logistics Solutions' earnings history.

Pangaea Logistics Solutions declared a quarterly dividend on Thursday, November 7th. Investors of record on Thursday, November 21st will be given a dividend of $0.035 per share on Tuesday, December 3rd. This represents a $0.14 annualized dividend and a yield of 5.96%. The ex-dividend date is Wednesday, November 20th.
View Pangaea Logistics Solutions' dividend history.

Media headlines about PANL stock have trended positive recently, InfoTrie Sentiment reports. The research firm identifies negative and positive press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Pangaea Logistics Solutions earned a daily sentiment score of 2.1 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 10.0 out of 10, meaning that recent press coverage is extremely likely to have an impact on the company's share price in the near term.
View the latest news about Pangaea Logistics Solutions.

Pangaea Logistics Solutions saw a decrease in short interest during the month of July. As of July 15th, there was short interest totaling 39,300 shares, a decrease of 45.3% from the June 30th total of 71,800 shares. Based on an average daily trading volume, of 38,100 shares, the days-to-cover ratio is presently 1.0 days. Approximately 0.4% of the company's shares are sold short.
View Pangaea Logistics Solutions' Short Interest.

Some companies that are related to Pangaea Logistics Solutions include Genco Shipping & Trading (GNK), Teekay (TK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), TSAKOS ENERGY N/SH (TNP), Scorpio Bulkers (SALT), Diana Shipping (DSX), Ardmore Shipping (ASC), Danaos (DAC), Capital Product Partners (CPLP), Safe Bulkers (SB), StealthGas (GASS), Global Ship Lease (GSL), Navios Maritime Acquisition (NNA) and Navios Maritime Partners (NMM).
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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), Primo Water (PRMW), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Corbus Pharmaceuticals (CRBP), Goodrich Petroleum (GDP), Goodrich Petroleum (GDP), Occidental Petroleum (OXY) and Protalix Biotherapeutics (PLX).

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

Pangaea Logistics Solutions' stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Rockland Trust Co. (22.88%) and New York State Common Retirement Fund (0.09%). Company insiders that own Pangaea Logistics Solutions stock include Gianni Delsignore and Mark L Filanowski.
View institutional ownership trends for Pangaea Logistics Solutions.

PANL stock was acquired by a variety of institutional investors in the last quarter, including Rockland Trust Co., and New York State Common Retirement Fund. Company insiders that have bought Pangaea Logistics Solutions stock in the last two years include Gianni Delsignore, and Mark L Filanowski.
View insider buying and selling activity for 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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

One share of PANL stock can currently be purchased for approximately $2.35.

Pangaea Logistics Solutions has a market capitalization of $105.91 million and generates $412.20 million in revenue each year. The shipping company earns $11.66 million in net income (profit) each year or $0.42 on an earnings per share basis. Pangaea Logistics Solutions employs 74 workers across the globe.

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

Pangaea Logistics Solutions' mailing address is 109 LONG WHARF, NEWPORT RI, 02840. The shipping company can be reached via phone at 401-457-9552 or via email at [email protected]