Rand Logistics, Inc. is a shipping company that, through its operating subsidiaries, is engaged in the operation of bulk carriers on the Great Lakes. The Company's shipping business is operated in Canada by Lower Lakes Towing Ltd. (Lower Lakes Towing) and in the United States by Lower Lakes Transportation Company (Lower Lakes Transportation). The Company transports construction aggregates, salt, grain, coal, iron ore, and other dry bulk commodities for customers in the construction, electric utility, food, and integrated steel industries. Lower Lakes' fleet consists of approximately six self-unloading bulk carriers and over four conventional bulk carriers in Canada and approximately six self-unloading bulk carriers in the United States, including over three articulated tug and barge units. Lower Lakes Towing owns approximately nine Canadian vessels and Lower Lakes Towing (17) Ltd. (Lower Lakes (17)) owns the tenth Canadian vessel.
Industry, Sector and Symbol:
- Sector: Transportation
- Industry: Marine Freight & Logistics
- Sub-Industry: Marine
- Symbol: NASDAQ:RLOG
- CUSIP: 75218210
- Web: www.randlogisticsinc.com
Capitalization:- Market Cap: $5.39 million
- Outstanding Shares: 18,633,000
Average Prices:- 50 Day Moving Avg: $0.28
- 200 Day Moving Avg: $0.48
- 52 Week Range: $0.19 - $2.95
P/E:- Trailing P/E Ratio: N/A
- Foreward P/E Ratio: -1.61
- P/E Growth: 0.0000
Sales & Book Value:- Annual Revenue: $113.98 million
- Price / Sales: 0.05
- Book Value: ($0.05) per share
- Price / Book: -5.36
Profitability:- EBIDTA: $21.67 million
- Net Margins: -18.21%
- Return on Equity: -160.74%
- Return on Assets: -8.02%
Debt:- Current Ratio: 0.09%
- Quick Ratio: 0.09%
Misc:- Average Volume: 1.09 million shs.
- Beta: 1.3
- Short Ratio: 0.27
Frequently Asked Questions for Rand Logistics (NASDAQ:RLOG)
What is Rand Logistics' stock symbol?
Rand Logistics trades on the NASDAQ under the ticker symbol "RLOG."
How were Rand Logistics' earnings last quarter?
Rand Logistics, Inc. (NASDAQ:RLOG) released its earnings results on Monday, August, 14th. The company reported ($0.30) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.11 by $0.41. The business had revenue of $32.34 million for the quarter. Rand Logistics had a negative return on equity of 160.74% and a negative net margin of 18.21%. View Rand Logistics' Earnings History.
Are investors shorting Rand Logistics?
Rand Logistics saw a increase in short interest during the month of August. As of August 15th, there was short interest totalling 889,242 shares, an increase of 60.9% from the July 31st total of 552,661 shares. Based on an average trading volume of 549,023 shares, the short-interest ratio is presently 1.6 days. Approximately 6.5% of the company's shares are sold short.
Who are some of Rand Logistics' key competitors?
Some companies that are related to Rand Logistics include DryShips (DRYS), A P MOLLAR-MRSK (AMKBY), Bba Aviation (BBAVY), Capital Product Partners L.P. (CPLP), Deutsche Lufthansa AG (DLAKY), Deutsche Post AG (DPSGY), Diana Containerships (DCIX), Eagle Bulk Shipping (EGLE), Martin Midstream Partners L.P. (MMLP), Ryanair Holdings PLC (RYAAY), TNT Express NV - (TNTEY) and Ultrapetrol (Bahamas) Limited (ULTR).
Who are Rand Logistics' key executives?
Rand Logistics' management team includes the folowing people:
- Edward Levy, President, Chief Executive Officer, Director
- Mark S. Hiltwein CPA, Chief Financial Officer
- Nassry G. Zamora, Chief Human Resource Officer, Vice President
- Michael D. Lundin, Non-Executive Chairman of the Board, Lead Independent Director
- Robert Kenneth Kurz, Director
- Laurence S. Levy, Director
- James Kirk Thompson, Director
- John Binion, Independent Director
Who owns Rand Logistics stock?
Rand Logistics' stock is owned by many different of institutional and retail investors. Top institutional shareholders include
BAIRD BRENT D
(15.85%), Minerva Advisors LLC (9.63%), Wittenberg Investment Management Inc. (3.62%), Emancipation Management LLC (3.20%), Weber Alan W (2.64%) and Vanguard Group Inc. (2.37%). Company insiders that own Rand Logistics stock include Brent D Baird, David M Knott, Edward Levy, John P Binion, Mark S Hiltwein and Robert Kenneth Kurz. View Institutional Ownership Trends for Rand Logistics.
Who sold Rand Logistics stock? Who is selling Rand Logistics stock?
How do I buy Rand Logistics stock?
Shares of Rand Logistics can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Rand Logistics' stock price today?
One share of Rand Logistics stock can currently be purchased for approximately $0.29.
MarketBeat Community Rating for Rand Logistics (NASDAQ RLOG)MarketBeat's community ratings are surveys of what our community members think about Rand Logistics and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
Consensus Ratings for Rand Logistics (NASDAQ:RLOG) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| Ratings Breakdown: | No ratings tracked in the last 12 months. |
| Consensus Rating: | N/A (Score: NaN) |
| Consensus Price Target: | N/A |
Analysts' Ratings History for Rand Logistics (NASDAQ:RLOG)
Show:
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for Rand Logistics (NASDAQ:RLOG)Earnings History by Quarter for Rand Logistics (NASDAQ RLOG)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 8/14/2017 | Q1 2018 | $0.11 | ($0.30) | | $32.34 million | View | N/A |  |
| 11/10/2016 | Q2 2017 | $0.20 | $0.14 | $39.10 million | $39.24 million | View | Listen | |
| 8/16/2016 | Q1 | $0.05 | ($0.16) | $38.80 million | $33.80 million | View | Listen | |
| 6/15/2016 | Q4 | ($0.79) | ($0.80) | | $5.92 million | View | N/A | |
| 11/4/2015 | Q2 | $0.23 | $0.58 | | $51.93 million | View | N/A | |
| 8/6/2015 | Q116 | $0.12 | $0.14 | $45.81 million | $44.80 million | View | N/A | |
| 6/10/2015 | Q415 | ($0.76) | ($1.19) | $2.82 million | $6.32 million | View | N/A | |
| 2/4/2015 | Q415 | $0.24 | $0.27 | $52.77 million | $49.07 million | View | N/A | |
| 11/5/2014 | | $0.27 | $0.29 | | $54.27 million | View | N/A | |
| 8/7/2014 | Q414 | $0.02 | $0.10 | $45.46 million | $43.31 million | View | N/A | |
| 6/11/2014 | | ($0.52) | ($0.53) | | $6.96 million | View | N/A | |
| 2/6/2014 | Q314 | $0.12 | $0.04 | $47.63 million | $49.90 million | View | N/A | |
| 8/7/2013 | Q1 2014 | $0.19 | $0.10 | $49.84 million | $48.40 million | View | Listen | |
| 6/12/2013 | Q4 2013 | ($0.45) | ($0.79) | | | View | Listen | |
| 11/8/2012 | Q213 | $0.33 | $0.12 | $53.00 million | $50.60 million | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Rand Logistics (NASDAQ:RLOG)2017 EPS Consensus Estimate: ($0.33)
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.07 | $0.07 | $0.07 |
| Q2 2017 | 1 | $0.19 | $0.19 | $0.19 |
| Q3 2017 | 1 | $0.17 | $0.17 | $0.17 |
| Q4 2017 | 1 | ($0.76) | ($0.76) | ($0.76) |
(Data provided by Zacks Investment Research)
Dividend History for Rand Logistics (NASDAQ:RLOG)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading and Institutional Ownership History for Rand Logistics (NASDAQ:RLOG)Insider Ownership Percentage: 13.10%
Institutional Ownership Percentage: 31.12%
Insider Trades by Quarter for Rand Logistics (NASDAQ:RLOG)| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Details |
|---|
| 9/21/2017 | Brent D Baird | Major Shareholder | Buy | 300,000 | $0.29 | $87,000.00 | |
| 8/24/2017 | Brent D Baird | Major Shareholder | Buy | 400,000 | $0.29 | $116,000.00 | |
| 8/14/2017 | Brent D Baird | Major Shareholder | Buy | 350,000 | $0.29 | $101,500.00 | |
| 8/1/2017 | Brent D Baird | Major Shareholder | Buy | 309,460 | $0.29 | $89,743.40 | |
| 4/12/2016 | David M Knott | Major Shareholder | Sell | 157,853 | $0.86 | $135,753.58 | |
| 4/11/2016 | David M Knott | Major Shareholder | Sell | 52,147 | $0.90 | $46,932.30 | |
| 3/11/2016 | Edward Levy | CEO | Buy | 1,500 | $1.04 | $1,560.00 | |
| 2/17/2016 | Mark S Hiltwein | CFO | Buy | 5,000 | $1.00 | $5,000.00 | |
| 12/22/2015 | David M Knott | Major Shareholder | Sell | 23,197 | $1.51 | $35,027.47 | |
| 12/21/2015 | David M Knott | Major Shareholder | Sell | 113,762 | $1.56 | $177,468.72 | |
| 12/17/2015 | David M Knott | Major Shareholder | Sell | 48,771 | $1.68 | $81,935.28 | |
| 12/15/2015 | David M Knott | Major Shareholder | Sell | 64,270 | $1.86 | $119,542.20 | |
| 11/20/2015 | Robert Kenneth Kurz | Director | Buy | 5,331 | $2.15 | $11,461.65 | |
| 11/13/2015 | John P Binion | Director | Buy | 10,000 | $2.50 | $25,000.00 | |
| 11/10/2015 | Edward Levy | CEO | Buy | 4,750 | $2.47 | $11,732.50 | |
| 11/9/2015 | Mark S Hiltwein | CFO | Buy | 5,000 | $2.64 | $13,200.00 | |
| 9/2/2015 | Mark S Hiltwein | CFO | Buy | 5,000 | $2.40 | $12,000.00 | |
| 8/25/2015 | Edward Levy | CEO | Buy | 5,000 | $2.50 | $12,500.00 | |
| 7/23/2015 | David M Knott | Major Shareholder | Sell | 7,300 | $3.08 | $22,484.00 | |
| 7/20/2015 | David M Knott | Major Shareholder | Sell | 20,000 | $3.18 | $63,600.00 | |
| 7/15/2015 | David M Knott | Major Shareholder | Sell | 18,103 | $3.17 | $57,386.51 | |
| 7/13/2015 | David M Knott | Major Shareholder | Sell | 5,000 | $3.22 | $16,100.00 | |
| 7/10/2015 | David M Knott | Major Shareholder | Sell | 45,100 | $3.20 | $144,320.00 | |
| 7/8/2015 | David M Knott | Major Shareholder | Sell | 8,300 | $3.18 | $26,394.00 | |
| 6/26/2015 | David M Knott | Major Shareholder | Sell | 14,954 | $3.27 | $48,899.58 | |
| 6/22/2015 | David M Knott | Major Shareholder | Sell | 5,686 | $3.32 | $18,877.52 | |
| 6/18/2015 | David M Knott | Major Shareholder | Sell | 19,649 | $3.32 | $65,234.68 | |
| 6/15/2015 | David M Knott | Major Shareholder | Sell | 21,340 | $3.37 | $71,915.80 | |
| 6/15/2015 | Edward Levy | CEO | Buy | 3,075 | $3.45 | $10,608.75 | |
| 6/15/2015 | Mark S Hiltwein | CFO | Buy | 10,000 | $3.51 | $35,100.00 | |
| 2/23/2015 | David M Knott | Major Shareholder | Sell | 4,600 | $3.51 | $16,146.00 | |
| 2/19/2015 | David M Knott | Major Shareholder | Sell | 36,490 | $3.52 | $128,444.80 | |
| 2/17/2015 | David M Knott | Major Shareholder | Sell | 87,501 | $3.60 | $315,003.60 | |
| 2/12/2015 | Edward Levy | CEO | Buy | 2,000 | $3.65 | $7,300.00 | |
| 12/29/2014 | David M Knott | Major Shareholder | Sell | 2,923 | $3.91 | $11,428.93 | |
| 12/8/2014 | David M Knott | Major Shareholder | Sell | 4,500 | $4.35 | $19,575.00 | |
| 12/5/2014 | David M Knott | Major Shareholder | Sell | 15,876 | $4.44 | $70,489.44 | |
| 12/5/2014 | Edward Levy | CEO | Buy | 4,400 | $4.44 | $19,536.00 | |
| 12/5/2014 | James K Thompson | Director | Buy | 10,000 | $4.45 | $44,500.00 | |
| 12/3/2014 | Edward Levy | CEO | Buy | 10,600 | $4.30 | $45,580.00 | |
| 12/3/2014 | Joseph W Mchugh Jr | CFO | Buy | 5,000 | $4.30 | $21,500.00 | |
| 11/13/2013 | Edward Levy | President | Buy | 2,500 | $4.98 | $12,450.00 | |
| 8/21/2013 | Edward Levy | President | Buy | 3,233 | $5.04 | $16,294.32 | |
| 8/14/2013 | Edward Levy | President | Buy | 1,767 | $4.93 | $8,711.31 | |
| 8/14/2013 | John P Binion | Director | Buy | 15,000 | $5.19 | $77,850.00 | |
| 8/12/2013 | Joseph W Mchugh Jr | CFO | Buy | 5,000 | $5.07 | $25,350.00 | |
| 8/9/2013 | Jonathan Brodie | Director | Buy | 10,000 | $4.87 | $48,700.00 | |
| 6/17/2013 | David M Knott | Major Shareholder | Sell | 175,000 | $5.50 | $962,500.00 | |
| 2/15/2013 | Joseph W Mchugh Jr | CFO | Buy | 5,000 | $5.85 | $29,250.00 | |
| 2/12/2013 | Edward Levy | President | Buy | 13,000 | $5.68 | $73,840.00 | |
| 2/5/2013 | David M Knott | Major Shareholder | Sell | 30,832 | $6.59 | $203,182.88 | |
(Data available from 1/1/2013 forward)
Headline Trends for Rand Logistics (NASDAQ:RLOG)
Latest Headlines for Rand Logistics (NASDAQ:RLOG)
| Source: |
|
| Date | Headline |
|---|
 | Rand Logistics, Inc. :RLOG-US: Earnings Analysis: Q1, 2018 By the Numbers : September 20, 2017
finance.yahoo.com - September 22 at 4:46 PM |
| ETFs with exposure to Rand Logistics, Inc. : September 22, 2017
finance.yahoo.com - September 22 at 4:46 PM |
 | Rand Logistics, Inc. (RLOG) Major Shareholder Acquires $87,000.00 in Stock
www.americanbankingnews.com - September 21 at 4:30 PM |
| Rand Logistics, Inc. (RLOG) Given Average Rating of "" by Analysts
www.americanbankingnews.com - August 29 at 10:28 PM |
| Insider Buying: Rand Logistics, Inc. (RLOG) Major Shareholder Buys 400,000 Shares of Stock
www.americanbankingnews.com - August 28 at 4:22 PM |
| Rand Logistics, Inc. (RLOG) Sees Large Increase in Short Interest
www.americanbankingnews.com - August 28 at 1:48 AM |
| Rand Logistics Receives International Safety Management Code Certification on Eight Canadian Vessels
finance.yahoo.com - August 17 at 7:25 AM |
| Edited Transcript of RLOG earnings conference call or presentation 15-Aug-17 12:30pm GMT
finance.yahoo.com - August 16 at 7:20 AM |
| Head to Head Analysis: Rand Logistics (RLOG) & CAI International (CAI)
www.americanbankingnews.com - August 16 at 6:32 AM |
| Brent D. Baird Buys 350,000 Shares of Rand Logistics, Inc. (RLOG) Stock
www.americanbankingnews.com - August 15 at 8:00 PM |
| Rand Logistics, Inc. (RLOG) Posts Earnings Results
www.americanbankingnews.com - August 15 at 10:48 AM |
| Rand Logistics Reports Fiscal Year 2018 First Quarter Financial Results
finance.yahoo.com - August 15 at 6:44 AM |
 | Rand Logistics reports Q2 results
seekingalpha.com - August 15 at 12:22 AM |
| Zacks: Rand Logistics, Inc. (NASDAQ:RLOG) Receives Consensus Rating of "" from Brokerages
www.americanbankingnews.com - August 13 at 6:10 PM |
| ETFs with exposure to Rand Logistics, Inc. : August 11, 2017
finance.yahoo.com - August 12 at 7:27 AM |
| Rand Logistics to Announce Fiscal Year 2018 First Quarter Results on August 14, 2017; Hold Conference Call on August 15
finance.yahoo.com - August 10 at 7:29 AM |
| Rand Logistics, Inc. (NASDAQ:RLOG) Major Shareholder Brent D. Baird Buys 309,460 Shares
www.americanbankingnews.com - August 2 at 1:14 PM |
| ETFs with exposure to Rand Logistics, Inc. : July 31, 2017
finance.yahoo.com - August 1 at 6:02 AM |
| Zacks: Rand Logistics, Inc. (NASDAQ:RLOG) Receives Average Recommendation of "" from Brokerages
www.americanbankingnews.com - July 25 at 8:24 AM |
| Critical Survey: Rand Logistics (RLOG) vs. Navios Maritime Holdings (NM)
www.americanbankingnews.com - July 22 at 4:10 PM |
| Rand Logistics (RLOG) vs. Navios Maritime Holdings (NM) Head-To-Head Survey
www.americanbankingnews.com - July 17 at 2:30 PM |
| Analyzing Rand Logistics (NASDAQ:RLOG) and Navios Maritime Holdings (NM)
www.americanbankingnews.com - July 11 at 2:10 PM |
| ETFs with exposure to Rand Logistics, Inc. : July 10, 2017
finance.yahoo.com - July 11 at 7:08 AM |
| [$$] Companies to Watch - July 10, 2017
finance.yahoo.com - July 11 at 7:08 AM |
| Rand Logistics (NASDAQ:RLOG) vs. Navios Maritime Holdings (NM) Head-To-Head Review
www.americanbankingnews.com - July 8 at 10:08 PM |
| Rand Logistics, Inc. 2017 Q4 - Results - Earnings Call Slides
seekingalpha.com - July 8 at 2:05 PM |
| Rand Logistics, Inc. :RLOG-US: Earnings Analysis: Q4, 2017 By the Numbers : July 7, 2017
finance.yahoo.com - July 8 at 2:05 PM |
| Rand Logistics, Inc. :RLOG-US: Earnings Analysis: Q4, 2017 By the Numbers : July 7, 2017
finance.yahoo.com - July 8 at 2:05 PM |
| Edited Transcript of RLOG earnings conference call or presentation 6-Jul-17 12:30pm GMT
finance.yahoo.com - July 7 at 8:38 AM |
| Rand Logistics Reports Fiscal Year 2017 Financial Results
finance.yahoo.com - July 6 at 8:28 AM |
| Investor Network: Rand Logistics, Inc. to Host Earnings Call
finance.yahoo.com - July 6 at 8:28 AM |
| ETFs with exposure to Rand Logistics, Inc. : June 27, 2017
finance.yahoo.com - June 27 at 7:39 PM |
| Rand Logistics to Issue Earnings Release for Fiscal 2017 Fourth Quarter and Full Year Results on July 5, 2017; Hold Conference Call on July 6
finance.yahoo.com - June 27 at 7:39 PM |
| Rand Logistics Launches Second Annual Marine Miracle Month Program
finance.yahoo.com - June 16 at 9:23 AM |
| Zacks: Rand Logistics, Inc. (RLOG) Given Consensus Recommendation of "" by Brokerages
www.americanbankingnews.com - May 25 at 8:09 AM |
| Rand Logistics Announces Expectations for 2017 Sailing Season
finance.yahoo.com - March 28 at 6:59 AM |
| RAND LOGISTICS, INC. Files SEC form 8-K, Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standa
biz.yahoo.com - March 22 at 7:28 PM |
| Rand Logistics, Inc. Reports Third Quarter Fiscal Year 2017 Financial Results
finance.yahoo.com - February 14 at 5:53 AM |
| Q3 2017 Rand Logistics Inc Earnings Release - After Market Close
biz.yahoo.com - February 13 at 8:50 AM |
| Rand Logistics to Announce Fiscal Year 2017 Third Quarter Results on February 13, 2017; Hold Conference Call on February 14
finance.yahoo.com - January 27 at 2:18 AM |
 | Pre-Open Stock Movers 11/17: (RLOG) (WNR) (NTAP) Higher; (VUZI) (LEI) (ACRS) Lower (more...)
www.streetinsider.com - November 17 at 11:19 AM |
| RAND LOGISTICS, INC. Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements and Exhi
biz.yahoo.com - November 10 at 10:24 AM |
| Rand Logistics Reports Second Quarter Fiscal Year 2017 Financial Results
finance.yahoo.com - November 9 at 7:12 PM |
| Q2 2017 Rand Logistics Inc Earnings Release - After Market Close
biz.yahoo.com - November 9 at 9:50 AM |
| Rand Logistics to Announce Fiscal Year 2017 Second Quarter Results on November 9, 2016; Hold Conference Call on November 10
finance.yahoo.com - October 26 at 7:05 PM |
 | Worst Performing Industries For October 5, 2016
feeds.benzinga.com - October 5 at 12:29 PM |
| Worst Performing Industries For September 21, 2016
feeds.benzinga.com - September 21 at 12:28 PM |
 | Rand Logistics Announces M/V Ojibway Returns to Service to Support Canadian Grain Harvest
www.nasdaq.com - September 19 at 7:00 PM |
| RAND LOGISTICS, INC. Files SEC form 8-K, Amendments to Articles of Inc. or Bylaws; Change in Fiscal Year, Submission
biz.yahoo.com - September 12 at 6:41 PM |
| Rand Logistics (RLOG) Enters Amended Credit Agreements, Event Default Waivers
www.streetinsider.com - September 1 at 7:01 PM |
Rand Logistics (RLOG) Chart for Saturday, September, 23, 2017
