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 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. $5.87 +0.12 (+2.09%) (As of 03/31/2023 12:00 AM ET) Add Compare Share Share Today's Range$5.75▼$5.9050-Day Range$5.22▼$7.0152-Week Range$4.23▼$7.12Volume202,523 shsAverage Volume282,865 shsMarket Capitalization$272.84 millionP/E Ratio3.32Dividend Yield6.81%Price Target$7.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Pangaea Logistics Solutions MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside27.8% Upside$7.50 Price TargetShort InterestHealthy0.82% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth43.37%From $0.83 to $1.19 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.3.19 out of 5 starsTransportation Sector2nd out of 121 stocksDeep Sea Foreign Transportation Of Freight Industry1st out of 28 stocks 3.5 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 27.8% from its current price of $5.87.Amount of Analyst CoveragePangaea Logistics Solutions has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted0.82% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Pangaea Logistics Solutions has recently increased by 17.40%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipPangaea Logistics Solutions is a leading dividend payer. It pays a dividend yield of 7.01%, 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 33.61% 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 1.9 News and Social Media Coverage News SentimentPangaea Logistics Solutions has a news sentiment score of 0.44. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 1 news article for Pangaea Logistics Solutions this week, compared to 1 article on an average week.Search InterestOnly 14 people have searched for PANL on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.MarketBeat Follows7 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 133% 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 43.37% in the coming year, from $0.83 to $1.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 3.32, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 121.26.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 3.32, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 29.16.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.73. 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 HeadlinesMarch 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. RileyApril 1, 2023 | Investorplace Media (Ad)5 Stocks to Buy ImmediatelyAmerica’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. March 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, 2022April 1, 2023 | Investorplace Media (Ad)5 Stocks to Buy ImmediatelyAmerica’s #1 stock picker issues 5 buy alerts – one of which is positioned to be the next Tesla. Just click to claim your copy. March 14, 2023 | msn.comA Preview Of Pangaea Logistics Solns's EarningsMarch 5, 2023 | finance.yahoo.comPangaea Logistics Solutions, Ltd. (NASDAQ:PANL) is definitely on the radar of institutional investors who own 44% of the companyFebruary 19, 2023 | finance.yahoo.comLead Independent Director Carl Boggild Just Bought A Handful Of Shares In Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL)February 15, 2023 | msn.comPangaea Logistics declares $0.10 dividendFebruary 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.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./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 WhySee 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 Earnings11/09/2021Ex-Dividend for 3/15 Dividend2/28/2023Dividend Payable3/15/2023Today4/01/2023Next Earnings (Estimated)5/09/2023Fiscal 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+27.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$1.77 Trailing P/E Ratio3.32 Forward P/E Ratio7.07 P/E GrowthN/ANet Income$79.49 million Net Margins11.36% Pretax Margin12.22% Return on Equity23.75% Return on Assets11.05% Debt Debt-to-Equity Ratio0.73 Current Ratio2.41 Quick Ratio2.10 Sales & Book Value Annual Sales$699.71 million Price / Sales0.39 Cash Flow$2.52 per share Price / Cash Flow2.33 Book Value$8.03 per share Price / Book0.73Miscellaneous Outstanding Shares46,480,000Free Float36,024,000Market Cap$272.84 million OptionableNot Optionable Beta0.73 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:OSGGrindrod ShippingNASDAQ:GRINSEACOR MarineNYSE:SMHIDiana ShippingNYSE:DSXView All CompetitorsInstitutional OwnershipLakewood Asset Management LLCBought 30,730 shares on 3/1/2023Ownership: 0.067%Millennium Management LLCSold 19,522 shares on 2/15/2023Ownership: 0.219%Man Group plcBought 25,237 shares on 2/15/2023Ownership: 0.207%Morgan StanleyBought 11,417 shares on 2/15/2023Ownership: 0.187%Jane Street Group LLCBought 21,902 shares on 2/15/2023Ownership: 0.048%View All Institutional Transactions PANL Stock - Frequently Asked Questions Should I buy or sell Pangaea Logistics Solutions stock right now? 1 Wall Street 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 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 brokers have issued 1-year price targets 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 year. This suggests a possible upside of 27.8% 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 14.0% and is now trading at $5.87. 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 Tuesday, May 9th 2023. View our PANL earnings forecast. How were Pangaea Logistics Solutions' earnings last quarter? Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) posted its quarterly earnings results on Tuesday, November, 9th. The shipping company reported $0.48 EPS for the quarter, missing analysts' consensus estimates of $0.50 by $0.02. The shipping company earned $213.03 million during the quarter, compared to analysts' expectations of $179.05 million. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 23.75% and a net margin of 11.36%. During the same quarter in the previous year, the company earned $0.19 EPS. 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 Wednesday, February 15th. Investors of record on Wednesday, March 1st will be given a dividend of $0.10 per share on Wednesday, March 15th. This represents a $0.40 dividend on an annualized basis and a yield of 6.81%. The ex-dividend date of this dividend is Tuesday, February 28th. Read our dividend analysis for PANL. What ETF holds Pangaea Logistics Solutions' stock ? First Trust Dow Jones Select Microcap Index Fund holds 85,795 shares of PANL stock, representing 0.39% of its portfolio. 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 7.01%. 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 33.61% 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." 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 $5.87. How much money does Pangaea Logistics Solutions make? Pangaea Logistics Solutions (NASDAQ:PANL) has a market capitalization of $272.84 million and generates $699.71 million in revenue each year. The shipping company earns $79.49 million in net income (profit) each year or $1.77 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 4/1/2023 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. 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