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. Shareholders 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 yield of 4.55%. The ex-dividend date is Friday, August 23rd. View Pangaea Logistics Solutions' Dividend History.

Pangaea Logistics Solutions Ltd (NASDAQ:PANL) issued its quarterly earnings data 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 had revenue of $83.29 million for 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 prior year, the business earned $0.13 earnings per share. 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 brokerages have issued 1 year price targets for Pangaea Logistics Solutions' stock. Their forecasts 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.

News headlines about PANL stock have trended positive this week, InfoTrie reports. InfoTrie identifies positive and negative news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to five, 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 gave media stories about the shipping company a news buzz of 6.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the stock's share price in the immediate future. View News Stories for Pangaea Logistics Solutions.

Pangaea Logistics Solutions saw a drop in short interest in the month of July. As of July 31st, there was short interest totalling 4,800 shares, a drop of 32.4% from the June 30th total of 7,100 shares. Based on an average daily volume of 24,200 shares, the short-interest ratio is presently 0.2 days. Approximately 0.1% of the company's stock 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 a number of of institutional and retail investors. Top institutional shareholders 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]