Positive News Sentiment NASDAQ:PANL Pangaea Logistics Solutions - PANL Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $6.12 +0.10 (+1.66%) (As of 02/8/2023 12:00 AM ET) Add Compare Share Share Today's Range$6.00▼$6.3050-Day Range$4.88▼$6.1252-Week Range$4.23▼$7.05Volume310,071 shsAverage Volume198,772 shsMarket Capitalization$281.03 millionP/E Ratio3.46Dividend Yield6.66%Price Target$7.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Pangaea Logistics Solutions MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside22.5% Upside$7.50 Price TargetShort InterestHealthy1.01% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.52Based on 2 Articles This WeekInsider TradingN/AProj. Earnings Growth-29.95%From $1.87 to $1.31 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.2.81 out of 5 starsTransportation Sector9th out of 119 stocksDeep Sea Foreign Transportation Of Freight Industry4th out of 29 stocks 2.5 Analyst's Opinion Consensus RatingPangaea Logistics Solutions has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.50, Pangaea Logistics Solutions has a forecasted upside of 22.5% from its current price of $6.12.Amount of Analyst CoveragePangaea Logistics Solutions has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted1.01% 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 1.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pangaea Logistics Solutions has recently decreased by 2.59%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipPangaea Logistics Solutions is a leading dividend payer. It pays a dividend yield of 6.66%, 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 22.60%. 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 30.53% 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 4.2 News and Social Media Coverage News SentimentPangaea Logistics Solutions has a news sentiment score of 1.52. 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 0.42 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Pangaea Logistics Solutions this week, compared to 1 article on an average week.Search Interest10 people have searched for PANL on MarketBeat in the last 30 days. This is an increase of 100% 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 150% 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 Insiders22.49% 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 Institutions45.35% 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 Earnings GrowthEarnings for Pangaea Logistics Solutions are expected to decrease by -29.95% in the coming year, from $1.87 to $1.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 3.46, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 151.03.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 3.46, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 33.17.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.93. 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. engages in the provision of seaborne dry bulk logistics and transportation services to industrial customers worldwide. The firm services customers that require transportation of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company was founded by Edward Coll, Carl Claus Boggild, and Anthony Laura on April 29, 2014 and is headquartered in Newport, RI.Read More 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 Stock News HeadlinesFebruary 5, 2023 | finance.yahoo.comA Look At The Intrinsic Value Of Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL)December 20, 2022 | seekingalpha.comPANL Pangaea Logistics Solutions, Ltd.February 9, 2023 | Vector Vest (Ad)Free Stock Analysis Report: Get Buy, Sell, or Hold RecommendationGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. December 13, 2022 | finance.yahoo.comPangaea Logistics Solutions (NASDAQ:PANL) shareholders have earned a 23% CAGR over the last three yearsNovember 16, 2022 | finance.yahoo.comPangaea Logistics Solutions' (NASDAQ:PANL) Dividend Will Be Increased To $0.10November 12, 2022 | finance.yahoo.comPangaea Logistics Solutions Third Quarter 2022 Earnings: Beats ExpectationsNovember 10, 2022 | seekingalpha.comPangaea Logistics Solutions Ltd (PANL) Q3 2022 Earnings Call TranscriptNovember 10, 2022 | finance.yahoo.com/C O R R E C T I O N -- Pangaea Logistics Solutions Ltd./February 9, 2023 | Vector Vest (Ad)Free Stock Analysis Report: Get Buy, Sell, or Hold RecommendationGet a full report that tells you what a stock is really worth, how safe the stock is, and if the timing is right to buy the stock. Plus a definitive Buy, Sell, Hold recommendation. November 10, 2022 | finance.yahoo.comPangaea Logistics (PANL) Surpasses Q3 Earnings and Revenue EstimatesNovember 9, 2022 | markets.businessinsider.comPangaea Logistics Solutions Ltd. Q3 Profit Decreases, misses estimatesNovember 9, 2022 | finance.yahoo.comPangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended September 30, 2022November 8, 2022 | msn.comEarnings Outlook For Pangaea Logistics SolnsNovember 2, 2022 | finance.yahoo.comPANGAEA LOGISTICS SOLUTIONS ANNOUNCES THIRD QUARTER 2022 CONFERENCE CALL AND WEBCAST DATENovember 1, 2022 | finance.yahoo.comThe Return Trends At Pangaea Logistics Solutions (NASDAQ:PANL) Look PromisingOctober 18, 2022 | finance.yahoo.comPangaea Logistics (PANL) Upgraded to Buy: Here's WhyOctober 18, 2022 | finance.yahoo.comDo Pangaea Logistics Solutions' (NASDAQ:PANL) Earnings Warrant Your Attention?October 18, 2022 | finance.yahoo.comIs Pangaea Logistics Solutions (PANL) Stock Undervalued Right Now?October 18, 2022 | finance.yahoo.comIs Pangaea Logistics Solutions (PANL) Stock Outpacing Its Transportation Peers This Year?October 4, 2022 | seekingalpha.comCoffee Holding: Reverse Merger Transaction With Delta Corp Holdings Fails To Impress - SellSeptember 21, 2022 | finance.yahoo.comInstitutional investors own a significant stake of 50% in Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL)September 15, 2022 | finance.yahoo.com3 Low-Beta Transportation Stocks to Watch as Volatility StaysAugust 27, 2022 | nasdaq.comPangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Will Pay A US$0.075 Dividend In Four DaysAugust 17, 2022 | seekingalpha.comPangaea Logistics: Decent Business Model, But Macro Headwinds AheadAugust 17, 2022 | nasdaq.comPangaea Logistics Solutions (NASDAQ:PANL) Takes On Some Risk With Its Use Of DebtAugust 10, 2022 | bizjournals.comNewport's Pangaea Logistics boosts Q2 earnings by 30%August 10, 2022 | seekingalpha.comPangaea Logistics Solutions, Ltd. (PANL) CEO Mark Filanowski on Q2 2022 Results - Earnings Call TranscriptSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 Earnings11/10/2022Ex-Dividend for 12/15 Dividend11/30/2022Dividend Payable12/15/2022Today2/08/2023Next Earnings (Estimated)3/15/2023Fiscal 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 FoundedN/APrice Target and Rating Average Stock Price Forecast$7.50 High Stock Price Forecast$7.50 Low Stock Price Forecast$7.50 Forecasted Upside/Downside+22.5%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.77 Trailing P/E Ratio3.46 Forward P/E Ratio3.27 P/E GrowthN/ANet Income$67.23 million Net Margins9.81% Pretax Margin10.82% Return on Equity28.20% Return on Assets12.66% Debt Debt-to-Equity Ratio0.75 Current Ratio2.44 Quick Ratio2.11 Sales & Book Value Annual Sales$718.10 million Price / Sales0.39 Cash Flow$1.95 per share Price / Cash Flow3.14 Book Value$6.59 per share Price / Book0.93Miscellaneous Outstanding Shares45,920,000Free Float35,595,000Market Cap$281.03 million OptionableNot Optionable Beta0.72 Key ExecutivesMark Lewis FilanowskiChief Executive Officer & DirectorMads Rosenberg Boye PetersenChief Operating OfficerGianni Del SignoreChief Financial OfficerBrent MahanaVice President-Business DevelopmentKey CompetitorsCapital Product PartnersNASDAQ:CPLPSEACOR MarineNYSE:SMHIOverseas Shipholding GroupNYSE:OSGGrindrod ShippingNASDAQ:GRINTsakos Energy NavigationNYSE:TNPView All CompetitorsInsiders & InstitutionsLSV Asset ManagementBought 95,900 shares on 2/8/2023Ownership: 0.209%Raymond James & AssociatesBought 2,749 shares on 2/8/2023Ownership: 0.042%SG Americas Securities LLCSold 3,150 shares on 2/2/2023Ownership: 0.069%Simplex Trading LLCSold 17,100 shares on 2/2/2023Ownership: 0.000%WealthTrust Axiom LLCSold 3,350 shares on 1/31/2023Ownership: 0.064%View All Institutional Transactions PANL Stock - 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 year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" PANL shares. View PANL analyst ratings or view top-rated stocks. What is Pangaea Logistics Solutions' stock price forecast for 2023? 1 brokerages have issued 1-year target prices for Pangaea Logistics Solutions' stock. Their PANL share price forecasts range from $7.50 to $7.50. On average, they anticipate the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 22.5% 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 2023? Pangaea Logistics Solutions' stock was trading at $5.15 at the start of the year. Since then, PANL shares have increased by 18.8% and is now trading at $6.12. View the best growth stocks for 2023 here. When is Pangaea Logistics Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, March 15th 2023. View our PANL earnings forecast. How were Pangaea Logistics Solutions' earnings last quarter? Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) posted its earnings results on Thursday, November, 10th. The shipping company reported $0.52 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.01. The shipping company had revenue of $184.48 million for the quarter, compared to analysts' expectations of $180.92 million. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 28.20% and a net margin of 9.81%. 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 Wednesday, November 9th. Stockholders of record on Thursday, December 1st will be paid a dividend of $0.10 per share on Thursday, December 15th. This represents a $0.40 annualized dividend and a yield of 6.54%. The ex-dividend date is Wednesday, November 30th. This is an increase from the stock's previous quarterly dividend of $0.08. 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 6.66%. 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 22.60%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PANL will have a dividend payout ratio of 30.53% 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), KemPharm (KMPH) and Occidental Petroleum (OXY). What is Pangaea Logistics Solutions' stock symbol? Pangaea Logistics Solutions trades on the NASDAQ under the ticker symbol "PANL." Who are Pangaea Logistics Solutions' major shareholders? Pangaea Logistics Solutions' stock is owned by a number of institutional and retail investors. Top institutional investors include LSV Asset Management (0.21%), Ritholtz Wealth Management (0.11%), SG Americas Securities LLC (0.07%), WealthTrust Axiom LLC (0.06%), Raymond James & Associates (0.04%) and Simplex Trading LLC (0.00%). 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 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 $6.12. How much money does Pangaea Logistics Solutions make? Pangaea Logistics Solutions (NASDAQ:PANL) has a market capitalization of $281.03 million and generates $718.10 million in revenue each year. The shipping company earns $67.23 million in net income (profit) each year or $1.77 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 2/9/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.