NASDAQ:PANL - Pangaea Logistics Solutions Stock Price, News & Analysis

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

Pangaea Logistics Solutions announced a quarterly dividend on Monday, August 12th. Stockholders of record on Monday, August 26th will be paid a dividend of $0.035 per share on Tuesday, September 3rd. This represents a $0.14 dividend on an annualized basis and a dividend yield of 4.55%. The ex-dividend date of this dividend is Friday, August 23rd. View Pangaea Logistics Solutions' Dividend History.

Pangaea Logistics Solutions Ltd (NASDAQ:PANL) released its earnings results on Monday, August, 12th. The shipping company reported $0.09 earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of $0.20 by $0.11. The shipping company earned $83.29 million during the quarter, compared to analyst estimates of $109.72 million. Pangaea Logistics Solutions had a return on equity of 8.39% and a net margin of 4.28%. During the same quarter in the previous year, the company posted $0.13 EPS. View Pangaea Logistics Solutions' Earnings History.

Pangaea Logistics Solutions is scheduled to release their next quarterly earnings announcement on Thursday, November 14th 2019. View Earnings Estimates for Pangaea Logistics Solutions.

1 Wall Street analysts have issued 1-year price objectives for Pangaea Logistics Solutions' shares. Their predictions range from $6.00 to $6.00. On average, they expect Pangaea Logistics Solutions' share price to reach $6.00 in the next twelve months. This suggests a possible upside of 94.8% from the stock's current price. View Analyst Price Targets for Pangaea Logistics Solutions.

1 Wall Street 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, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Pangaea Logistics Solutions.

Headlines about PANL stock have been trending positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive press coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Pangaea Logistics Solutions earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 6.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the stock's share price in the next several days. View News Stories for Pangaea Logistics Solutions.

Pangaea Logistics Solutions saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 4,800 shares, a decline of 32.4% from the June 30th total of 7,100 shares. Based on an average daily trading volume, of 24,200 shares, the days-to-cover ratio is presently 0.2 days. Approximately 0.1% of the company's shares are sold short. View Pangaea Logistics Solutions' Current Options Chain.

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

Based on aggregate information from My MarketBeat watchlists, some companies that other Pangaea Logistics Solutions investors own include Allena Pharmaceuticals (ALNA), Amarin (AMRN), DIGITAL RLTY TR/SH (DLR), American Airlines Group (AAL), AcelRx Pharmaceuticals (ACRX), ArQule (ARQL), Abraxas Petroleum (AXAS), Gemphire Therapeutics (GEMP), Genocea Biosciences (GNCA) and Ramaco Resources (METC).

Pangaea Logistics Solutions' stock is owned by many different of retail and institutional investors. Top institutional investors include VR Advisory Services Ltd (3.36%), Jefferies Group LLC (0.19%), BlackRock Inc. (0.13%), WealthTrust Axiom LLC (0.05%), Susquehanna International Group LLP (0.04%) and Citadel Advisors LLC (0.02%). Company insiders that own Pangaea Logistics Solutions stock include Anthony Laura and Gianni Delsignore. View Institutional Ownership Trends for Pangaea Logistics Solutions.

PANL stock was sold by a variety of institutional investors in the last quarter, including VR Advisory Services Ltd and Jefferies Group LLC. View Insider Buying and Selling for Pangaea Logistics Solutions.

PANL stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Citadel Advisors LLC, WealthTrust Axiom LLC and Susquehanna International Group LLP. View Insider Buying and Selling 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, Scottrade, Fidelity and Charles Schwab.

One share of PANL stock can currently be purchased for approximately $3.08.

Pangaea Logistics Solutions has a market capitalization of $136.91 million and generates $372.97 million in revenue each year. The shipping company earns $17.76 million in net income (profit) each year or $0.53 on an earnings per share basis. Pangaea Logistics Solutions employs 74 workers across the globe.View Additional Information About Pangaea Logistics Solutions.

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

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