S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
S&P 500   3,901.36
DOW   31,261.90
QQQ   288.68
NASDAQ:PANL

Pangaea Logistics Solutions (PANL) Stock Forecast, Price & News

$5.96
+0.13 (+2.23%)
(As of 05/20/2022 04:00 PM ET)
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Today's Range
$5.82
$6.05
50-Day Range
$4.70
$5.96
52-Week Range
$3.42
$6.20
Volume
376,142 shs
Average Volume
306,462 shs
Market Capitalization
$274.22 million
P/E Ratio
3.27
Dividend Yield
3.43%
Beta
0.59
30 days | 90 days | 365 days | Advanced Chart
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Pangaea Logistics Solutions logo

About Pangaea Logistics Solutions

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. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.

Headlines

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Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Current Symbol
NASDAQ:PANL
Employees
70
Year Founded
N/A

Sales & Book Value

Annual Sales
$718.10 million
Cash Flow
$1.95 per share
Book Value
$6.88 per share

Profitability

Net Income
$67.23 million
Pretax Margin
11.25%

Debt

Price-To-Earnings

Miscellaneous

Free Float
25,961,000
Market Cap
$274.22 million
Optionable
Not Optionable

Company Calendar

Ex-Dividend for 3/15 Dividend
3/01/2022
Dividend Payable
3/15/2022
Last Earnings
5/10/2022
Today
5/22/2022
Ex-Dividend for 6/15 Dividend
5/31/2022
Dividend Payable
6/15/2022
Next Earnings (Estimated)
8/09/2022
Fiscal Year End
12/31/2022

MarketRank

Overall MarketRank

3.36 out of 5 stars

Transportation Sector

3rd out of 168 stocks

Deep Sea Foreign Transportation Of Freight Industry

1st out of 45 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 2.5Insider Behavior: 2.5Valuation: 3.8 5 -4 -3 -2 -1 -













Pangaea Logistics Solutions (NASDAQ:PANL) Frequently Asked Questions

Is Pangaea Logistics Solutions a buy right now?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Pangaea Logistics Solutions in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" Pangaea Logistics Solutions stock.
View analyst ratings for Pangaea Logistics Solutions
or view top-rated stocks.

When is Pangaea Logistics Solutions' next earnings date?

Pangaea Logistics Solutions is scheduled to release its next quarterly earnings announcement on Tuesday, August 9th 2022.
View our earnings forecast for Pangaea Logistics Solutions
.

How were Pangaea Logistics Solutions' earnings last quarter?

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) released its quarterly earnings results on Tuesday, May, 10th. The shipping company reported $0.35 EPS for the quarter, topping the consensus estimate of $0.32 by $0.03. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 25.96% and a net margin of 10.39%. During the same quarter in the previous year, the firm posted $0.09 earnings per share.
View Pangaea Logistics Solutions' earnings history
.

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 Tuesday, May 10th. Shareholders of record on Wednesday, June 1st will be given a dividend of $0.075 per share on Wednesday, June 15th. This represents a $0.30 dividend on an annualized basis and a yield of 5.03%. The ex-dividend date is Tuesday, May 31st. This is a boost from Pangaea Logistics Solutions's previous quarterly dividend of $0.05.
View Pangaea Logistics Solutions' dividend history
.

Is Pangaea Logistics Solutions a good dividend stock?

Pangaea Logistics Solutions pays an annual dividend of $0.20 per share and currently has a dividend yield of 3.43%. Pangaea Logistics Solutions 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 of Pangaea Logistics Solutions is 10.99%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Pangaea Logistics Solutions will have a dividend payout ratio of 9.43% next year. This indicates that Pangaea Logistics Solutions will be able to sustain or increase its dividend.
View Pangaea Logistics Solutions' dividend history.

What price target have analysts set for PANL?

1 brokerages have issued 12 month price objectives for Pangaea Logistics Solutions' stock. Their forecasts range from $8.50 to $8.50. On average, they expect Pangaea Logistics Solutions' share price to reach $8.50 in the next twelve months. This suggests a possible upside of 42.6% from the stock's current price.
View analysts' price targets for Pangaea Logistics Solutions
or view top-rated stocks among Wall Street analysts.

Who are Pangaea Logistics Solutions' key executives?
Pangaea Logistics Solutions' management team includes the following people:
  • Mr. Mark L. Filanowski, CEO & Director (Age 68, Pay $995.08k)
  • Mr. Gianni Del Signore, CFO & Sec. (Age 39, Pay $581.3k)
  • Mr. Mads Boye Petersen, Chief Operating Officer
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 shareholders include Wellington Management Group LLP (7.76%), Acadian Asset Management LLC (2.10%), Dimensional Fund Advisors LP (1.03%), Renaissance Technologies LLC (0.75%), Healthcare of Ontario Pension Plan Trust Fund (0.56%) and EAM Investors LLC (0.54%).
View institutional ownership trends for Pangaea Logistics Solutions
.

Which major investors are selling Pangaea Logistics Solutions stock?

PANL stock was sold by a variety of institutional investors in the last quarter, including Wellington Management Group LLP, Goldman Sachs Group Inc., Virtu Financial LLC, Principal Financial Group Inc., WealthTrust Axiom LLC, RBF Capital LLC, and First Trust Advisors LP.
View insider buying and selling activity for Pangaea Logistics Solutions
or view top insider-selling stocks.

Which major investors are buying Pangaea Logistics Solutions stock?

PANL stock was purchased by a variety of institutional investors in the last quarter, including Healthcare of Ontario Pension Plan Trust Fund, EAM Investors LLC, Renaissance Technologies LLC, Acadian Asset Management LLC, Skandinaviska Enskilda Banken AB publ , JPMorgan Chase & Co., Dimensional Fund Advisors LP, and Stratos Wealth Partners LTD..
View insider buying and selling activity for Pangaea Logistics Solutions
or or view top insider-buying stocks.

How do I buy shares of 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 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 $5.96.

How much money does Pangaea Logistics Solutions make?

Pangaea Logistics Solutions has a market capitalization of $274.22 million and generates $718.10 million in revenue each year. The shipping company earns $67.23 million in net income (profit) each year or $1.819990 on an earnings per share basis.

How many employees does Pangaea Logistics Solutions have?

Pangaea Logistics Solutions employs 70 workers across the globe.

What is Pangaea Logistics Solutions' official website?

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

How can I contact Pangaea Logistics Solutions?

Pangaea Logistics Solutions' mailing address is 109 LONG WHARF, NEWPORT RI, 02840. The shipping company can be reached via phone at (401) 846-7790, via email at [email protected], or via fax at 401-846-1520.

This page was last updated on 5/22/2022 by MarketBeat.com Staff

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