NASDAQ:PANL Pangaea Logistics Solutions (PANL) Stock Forecast, Price & News $6.13 +0.19 (+3.20%) (As of 06/2/2023 ET) Add Compare Share Share Today's Range$5.97▼$6.1950-Day Range$5.46▼$6.4552-Week Range$4.23▼$7.12Volume130,693 shsAverage Volume201,428 shsMarket Capitalization$284.86 millionP/E Ratio4.38Dividend Yield6.53%Price Target$7.50 ProfileProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Pangaea Logistics Solutions MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside22.3% Upside$7.50 Price TargetShort InterestHealthy0.98% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.10Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth28.57%From $0.84 to $1.08 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.3.25 out of 5 starsTransportation Sector3rd out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry2nd 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 22.3% from its current price of $6.13.Amount of Analyst CoveragePangaea Logistics Solutions has received no research coverage in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted0.98% 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 1.3, 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 30.83%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipPangaea Logistics Solutions is a leading dividend payer. It pays a dividend yield of 6.97%, 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 28.57%. 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 37.04% 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 3.4 News and Social Media Coverage News SentimentPangaea Logistics Solutions has a news sentiment score of 1.10. 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 0.57 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Pangaea Logistics Solutions this week, compared to 2 articles on an average week.Search InterestOnly 9 people have searched for PANL on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat Follows11 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 83% 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 3.8 Earnings and Valuation Earnings GrowthEarnings for Pangaea Logistics Solutions are expected to grow by 28.57% in the coming year, from $0.84 to $1.08 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 4.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.37.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 4.38, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 25.87.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.78. 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 HeadlinesJune 2, 2023 | finance.yahoo.comPangaea Logistics Solutions Announces Completion of Port and Terminal Operations AcquisitionMay 30, 2023 | americanbankingnews.comPangaea Logistics Solutions, Ltd. (NASDAQ:PANL) to Issue $0.10 Quarterly DividendJune 3, 2023 | Stocks To Trade (Ad)Free SMS Trade Alerts. Up to 15 opportunities a day.Using our algorithm, we sift through 15,000 stocks every second. We generate 15 trading opportunities a day.May 29, 2023 | finance.yahoo.comPangaea Logistics Solutions (NASDAQ:PANL) shareholders have earned a 49% CAGR over the last three yearsMay 29, 2023 | americanbankingnews.comShort Interest in Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Decreases By 30.8%May 17, 2023 | americanbankingnews.comEquities Analysts Offer Predictions for Pangaea Logistics Solutions, Ltd.'s Q2 2023 Earnings (NASDAQ:PANL)May 15, 2023 | finance.yahoo.comThe Consensus EPS Estimates For Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Just Fell DramaticallyMay 13, 2023 | americanbankingnews.comPangaea Logistics Solutions (NASDAQ:PANL) Upgraded by StockNews.com to BuyJune 3, 2023 | Behind the Markets (Ad)66,000% upside on tiny biotech?The Wall Street Journal reports that this medical breakthrough is "Transforming Medicine." One analyst calculated that it could be worth $1 Trillion, making the upside potential of this small-cap 66,000% above today's price.May 12, 2023 | msn.comPangaea Logistics Solutions (PANL) Declares $0.10 DividendMay 10, 2023 | finance.yahoo.comPangaea Logistics (PANL) Q1 Earnings and Revenues Surpass EstimatesMay 10, 2023 | markets.businessinsider.comPangaea Logistics Solutions Ltd. Q1 Profit Decreases, but beats estimatesMay 10, 2023 | finance.yahoo.comPangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2023May 8, 2023 | americanbankingnews.comPangaea Logistics Solutions (PANL) Set to Announce Quarterly Earnings on WednesdayMay 3, 2023 | finance.yahoo.comPANGAEA LOGISTICS SOLUTIONS ANNOUNCES FIRST QUARTER 2023 CONFERENCE CALL DATEMay 1, 2023 | finance.yahoo.comPangaea Logistics Solutions Announces Strategic Acquisition of Port and Terminal OperationsApril 26, 2023 | finance.yahoo.comPangaea Logistics Solutions Ltd. Adds Capacity with the Acquisition of Dry Bulk VesselApril 18, 2023 | finance.yahoo.comThere's Been No Shortage Of Growth Recently For Pangaea Logistics Solutions' (NASDAQ:PANL) Returns On CapitalApril 3, 2023 | finance.yahoo.comWith EPS Growth And More, Pangaea Logistics Solutions (NASDAQ:PANL) Makes An Interesting CaseApril 2, 2023 | americanbankingnews.comPangaea Logistics Solutions (NASDAQ:PANL) Downgraded by StockNews.comMarch 26, 2023 | americanbankingnews.comPangaea Logistics Solutions (NASDAQ:PANL) Stock Rating Upgraded by StockNews.comMarch 21, 2023 | americanbankingnews.comQ1 2023 Earnings Forecast for Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Issued By B. RileyMarch 20, 2023 | finance.yahoo.comPangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Q4 2022 Earnings Call TranscriptMarch 17, 2023 | finance.yahoo.comQ4 2022 Pangaea Logistics Solutions Ltd Earnings CallMarch 16, 2023 | msn.comPangaea Logistics Solns's Return On Capital Employed InsightsMarch 16, 2023 | msn.comPangaea Logistics Non-GAAP EPS of $0.32 beats by $0.04, revenue of $127.93M misses by $29.26MMarch 15, 2023 | finance.yahoo.comPangaea Logistics Solutions Ltd. Reports Record Financial Results for the Three Months and Year Ended December 31, 2022See More Headlines PANL Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PANL Company Calendar Ex-Dividend for 3/15 Dividend2/28/2023Last Earnings3/15/2023Dividend Payable3/15/2023Ex-Dividend for 6/15 Dividend5/31/2023Today6/02/2023Dividend Payable6/15/2023Next Earnings (Estimated)8/08/2023Fiscal 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 Founded2008Price Target and Rating Average Stock Price Forecast$7.50 High Stock Price Forecast$7.50 Low Stock Price Forecast$7.50 Forecasted Upside/Downside+22.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.40 Trailing P/E Ratio4.38 Forward P/E Ratio7.30 P/E GrowthN/ANet Income$79.49 million Net Margins10.10% Pretax Margin10.69% Return on Equity20.00% Return on Assets9.63% Debt Debt-to-Equity Ratio0.72 Current Ratio2.52 Quick Ratio2.22 Sales & Book Value Annual Sales$699.71 million Price / Sales0.41 Cash Flow$2.62 per share Price / Cash Flow2.34 Book Value$7.82 per share Price / Book0.78Miscellaneous Outstanding Shares46,470,000Free Float36,017,000Market Cap$284.86 million OptionableNot Optionable Beta0.71 Social Links Key ExecutivesMark Lewis FilanowskiChief Executive Officer & DirectorMads Rosenberg Boye PetersenChief Operating OfficerGianni Del SignoreChief Financial OfficerBrent MahanaVice President-Business DevelopmentKey CompetitorsCapital Product PartnersNASDAQ:CPLPOverseas Shipholding GroupNYSE:OSGSEACOR MarineNYSE:SMHIHimalaya ShippingNYSE:HSHPEnetiNYSE:NETIView All CompetitorsInstitutional OwnershipJPMorgan Chase & Co.Bought 143,120 shares on 5/18/2023Ownership: 0.399%Geode Capital Management LLCBought 10,682 shares on 5/16/2023Ownership: 0.797%State Street CorpBought 26,500 shares on 5/16/2023Ownership: 0.290%First Trust Advisors LPBought 7,273 shares on 5/16/2023Ownership: 0.205%Susquehanna International Group LLPBought 16,300 shares on 5/16/2023Ownership: 0.000%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 twelve months. 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 analysts have issued 1-year target prices for Pangaea Logistics Solutions' shares. Their PANL share price forecasts range from $7.50 to $7.50. On average, they expect the company's share price to reach $7.50 in the next year. This suggests a possible upside of 22.3% 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 on January 1st, 2023. Since then, PANL shares have increased by 19.0% and is now trading at $6.13. View the best growth stocks for 2023 here. Are investors shorting Pangaea Logistics Solutions? Pangaea Logistics Solutions saw a drop in short interest in the month of May. As of May 15th, there was short interest totaling 259,400 shares, a drop of 30.8% from the April 30th total of 375,000 shares. Based on an average daily trading volume, of 202,900 shares, the days-to-cover ratio is currently 1.3 days. Currently, 1.0% of the company's shares are short sold. View Pangaea Logistics Solutions' Short Interest. When is Pangaea Logistics Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 8th 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 Wednesday, March, 15th. The shipping company reported $0.32 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.36 by $0.04. The shipping company had revenue of $127.92 million for the quarter, compared to the consensus estimate of $164.88 million. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 20.00% and a net margin of 10.10%. 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 Tuesday, May 9th. Investors of record on Thursday, June 1st will be given a dividend of $0.10 per share on Thursday, June 15th. This represents a $0.40 annualized dividend and a dividend yield of 6.53%. The ex-dividend date of this dividend is Wednesday, May 31st. Read our dividend analysis for PANL. What ETFs hold Pangaea Logistics Solutions' stock? ETFs with the largest weight of Pangaea Logistics Solutions (NASDAQ:PANL) stock in their portfolio include Inspire Fidelis Multi Factor ETF (FDLS), AdvisorShares Dorsey Wright Micro-Cap ETF (DWMC), First Trust Dow Jones Select Microcap Index Fund (FDM), 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 6.97%. 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 28.57%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PANL will have a dividend payout ratio of 37.04% 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), Zevra Therapeutics (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 variety of institutional and retail investors. Top institutional investors include Rockland Trust Co. (18.33%), Wellington Management Group LLP (4.86%), Dimensional Fund Advisors LP (2.49%), Acadian Asset Management LLC (2.48%), Renaissance Technologies LLC (0.87%) and Geode Capital Management LLC (0.80%). 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 $6.13. How much money does Pangaea Logistics Solutions make? Pangaea Logistics Solutions (NASDAQ:PANL) has a market capitalization of $284.86 million and generates $699.71 million in revenue each year. The shipping company earns $79.49 million in net income (profit) each year or $1.40 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 6/3/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. 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