NASDAQ:PANLPangaea Logistics Solutions Stock Price, Forecast & News

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 (WHO). Since then, PANL shares have decreased by 11.9% and is now trading at $2.15. View which stocks have been most impacted by Coronavirus.

Pangaea Logistics Solutions is scheduled to release its next quarterly earnings announcement on Monday, August 10th 2020. View our earnings forecast for Pangaea Logistics Solutions.

Pangaea Logistics Solutions Ltd (NASDAQ:PANL) posted its quarterly earnings results on Wednesday, May, 13th. The shipping company reported ($0.09) earnings per share 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 return on equity of 5.30% and a net margin of 0.27%. During the same period last year, the business posted $0.09 earnings per share. View Pangaea Logistics Solutions' earnings history.

Pangaea Logistics Solutions declared a quarterly dividend on Thursday, November 7th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.035 per share on Tuesday, December 3rd. This represents a $0.14 annualized dividend and a yield of 6.51%. The ex-dividend date of this dividend is Wednesday, November 20th. View Pangaea Logistics Solutions' dividend history.

Media coverage about PANL stock has trended somewhat negative on Saturday, according to InfoTrie Sentiment. The research firm ranks the sentiment of 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 positive five, with scores closest to five being the most favorable. Pangaea Logistics Solutions earned a media sentiment score of -1.8 on InfoTrie's scale. They also assigned news headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Pangaea Logistics Solutions.

Some companies that are related to Pangaea Logistics Solutions include Dorian LPG (LPG), Navigator (NVGS), Genco Shipping & Trading (GNK), Teekay (TK), TSAKOS ENERGY N/SH (TNP), Scorpio Bulkers (SALT), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE), Ardmore Shipping (ASC), Capital Product Partners (CPLP), Diana Shipping (DSX), Safe Bulkers (SB), Navios Maritime Partners (NMM), StealthGas (GASS) and Danaos (DAC). View all competitors.

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), Ring Energy (REI), Ring Energy (REI), Allena Pharmaceuticals (ALNA), Amarin (AMRN), Antero Resources (AR), Abraxas Petroleum (AXAS) and Corbus Pharmaceuticals (CRBP).

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

Pangaea Logistics Solutions' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Rockland Trust Co. (22.88%). 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.. 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 $2.15.

Pangaea Logistics Solutions has a market capitalization of $96.89 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]