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

$3.08
-0.17 (-5.23 %)
(As of 08/25/2019 04:00 PM ET)
Today's Range
$3.04
Now: $3.08
$3.09
50-Day Range
$2.8669
MA: $3.40
$3.59
52-Week Range
$2.71
Now: $3.08
$4.35
Volume3,533 shs
Average Volume20,571 shs
Market Capitalization$136.91 million
P/E Ratio5.81
Dividend Yield4.31%
Beta0.26
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, including 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. Read More…

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNASDAQ:PANL
CUSIPN/A
Phone401-846-7790

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$372.97 million
Cash Flow$0.88 per share
Book Value$5.35 per share

Profitability

Net Income$17.76 million

Miscellaneous

Employees74
Market Cap$136.91 million
Next Earnings Date11/14/2019 (Estimated)
OptionableNot Optionable

Receive PANL News and Ratings via Email

Sign-up to receive the latest news and ratings for PANL and its competitors with MarketBeat's FREE daily newsletter.


Pangaea Logistics Solutions (NASDAQ:PANL) Frequently Asked Questions

What is Pangaea Logistics Solutions' stock symbol?

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

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 Monday, August 12th. Investors of record on Monday, August 26th will be given 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.

How were Pangaea Logistics Solutions' earnings last quarter?

Pangaea Logistics Solutions Ltd (NASDAQ:PANL) released its quarterly earnings results on Monday, August, 12th. The shipping company reported $0.09 earnings per share for the quarter, missing the 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 net margin of 4.28% and a return on equity of 8.39%. During the same quarter in the previous year, the firm posted $0.13 EPS. View Pangaea Logistics Solutions' Earnings History.

When is Pangaea Logistics Solutions' next earnings date?

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

What price target have analysts set for PANL?

1 analysts have issued twelve-month 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 year. This suggests a possible upside of 94.8% from the stock's current price. View Analyst Price Targets for Pangaea Logistics Solutions.

What is the consensus analysts' recommendation 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.

Has Pangaea Logistics Solutions been receiving favorable news coverage?

News coverage about PANL stock has trended positive recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded 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 news coverage about the shipping company a news buzz of 6.0 out of 10, meaning that recent press coverage is somewhat likely to have an effect on the company's share price in the near term. View News Stories for Pangaea Logistics Solutions.

Are investors shorting Pangaea Logistics Solutions?

Pangaea Logistics Solutions saw a drop in short interest in 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 currently 0.2 days. Currently, 0.1% of the company's shares are sold short. View Pangaea Logistics Solutions' Current Options Chain.

Who are some of Pangaea Logistics Solutions' key competitors?

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 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).

Who are Pangaea Logistics Solutions' key executives?

Pangaea Logistics Solutions' management team includes the folowing people:
  • Mr. Edward Coll, Co-Founder, Chairman & CEO (Age 62)
  • Mr. Gianni DelSignore, CFO & Sec. (Age 36)
  • Mr. Mark L. Filanowski, COO & Director (Age 65)

Who are Pangaea Logistics Solutions' major shareholders?

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.

Which institutional investors are selling Pangaea Logistics Solutions stock?

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.

Which institutional investors are buying Pangaea Logistics Solutions stock?

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.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Pangaea Logistics Solutions' stock price today?

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

How big of a company is Pangaea Logistics Solutions?

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.

What is Pangaea Logistics Solutions' official website?

The official website for Pangaea Logistics Solutions is http://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 or via email at [email protected]


MarketBeat Community Rating for Pangaea Logistics Solutions (NASDAQ PANL)

Community Ranking:  2.7 out of 5 (star star)
Outperform Votes:  278 (Vote Outperform)
Underperform Votes:  231 (Vote Underperform)
Total Votes:  509
MarketBeat's community ratings are surveys of what our community members think about Pangaea Logistics Solutions and other stocks. Vote "Outperform" if you believe PANL will outperform the S&P 500 over the long term. Vote "Underperform" if you believe PANL will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/25/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel