NASDAQ:PANL Pangaea Logistics Solutions (PANL) Stock Price, News & Analysis → Trump’s Former Wingman Bets Big on AI (From Banyan Hill Publishing) (Ad) Free PANL Stock Alerts $7.90 +0.11 (+1.41%) (As of 05/14/2024 ET) Add Compare Share Share Today's Range$7.80▼$7.9950-Day Range$6.52▼$8.3652-Week Range$5.28▼$9.52Volume146,869 shsAverage Volume192,161 shsMarket Capitalization$370.04 millionP/E Ratio10.39Dividend Yield5.06%Price Target$10.25 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Pangaea Logistics Solutions alerts: Email Address Pangaea Logistics Solutions MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside29.7% Upside$10.25 Price TargetShort InterestHealthy1.45% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.99Based on 16 Articles This WeekInsider TradingN/AProj. Earnings Growth13.79%From $0.87 to $0.99 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.77 out of 5 starsTransportation Sector9th out of 121 stocksDeep Sea Foreign Transportation Of Freight Industry2nd out of 30 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.Amount of Analyst CoveragePangaea Logistics Solutions has only been the subject of 1 research reports in the past 90 days.Read more about Pangaea Logistics Solutions' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted1.45% 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 1.6, 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 9.02%, 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 5.13%, 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 52.63%. 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 40.40% next year. This indicates that Pangaea Logistics Solutions will be able to sustain or increase its dividend.Read more about Pangaea Logistics Solutions' 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 3.3 News and Social Media Coverage News SentimentPangaea Logistics Solutions has a news sentiment score of 0.99. 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 0.53 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 16 news articles for Pangaea Logistics Solutions this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for PANL on MarketBeat in the last 30 days. This is a decrease of -58% compared to the previous 30 days.MarketBeat Follows5 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is an increase of 67% compared to the previous 30 days. Previous Next 3.3 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 Insiders24.16% 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 Institutions60.23% 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.Read more about Pangaea Logistics Solutions' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Pangaea Logistics Solutions are expected to grow by 13.79% in the coming year, from $0.87 to $0.99 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 10.39, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 10.39, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 19.00.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.98. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Pangaea Logistics Solutions' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… About Pangaea Logistics Solutions Stock (NASDAQ:PANL)Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company's ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.Read More PANL Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart PANL Stock News HeadlinesMay 15 at 3:08 AM | americanbankingnews.comPangaea Logistics Solutions (NASDAQ:PANL) Rating Increased to Buy at Alliance Global PartnersMay 14 at 3:59 PM | msn.comAlliance Global Partners Upgrades Pangaea Logistics Solutions (PANL)May 12 at 2:52 AM | americanbankingnews.comPangaea Logistics Solutions (NASDAQ:PANL) Stock Rating Upgraded by StockNews.comMay 11, 2024 | finance.yahoo.comPangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Q1 2024 Earnings Call TranscriptMay 11, 2024 | finance.yahoo.comPangaea Logistics Solutions First Quarter 2024 Earnings: EPS Beats Expectations, Revenues LagMay 10, 2024 | finance.yahoo.comPangaea Logistics Solutions Ltd. Surpasses Analyst Estimates in Q1 2024May 9, 2024 | msn.comPangaea Logistics Non-GAAP EPS of $0.14 beats by $0.05, revenue of $104.7M misses by $12.77MMay 9, 2024 | prnewswire.comPangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2024May 8, 2024 | americanbankingnews.comPangaea Logistics Solutions (PANL) to Release Earnings on ThursdayMay 2, 2024 | prnewswire.comPANGAEA LOGISTICS SOLUTIONS ANNOUNCES FIRST QUARTER 2024 CONFERENCE CALL DATEMay 1, 2024 | investorplace.com7 Ultra-Safe Dividend Stocks to Buy With Yields Over 5%April 14, 2024 | finance.yahoo.comThose who invested in Pangaea Logistics Solutions (NASDAQ:PANL) three years ago are up 162%March 29, 2024 | msn.comTissues are a must for Lyric's enthralling 'King of Pangaea,' a 'musical memoir'March 28, 2024 | seekingalpha.comPangaea Logistics: Despite The Discouraging Q4 2023 Results, It Is Still A BuyMarch 17, 2024 | seekingalpha.comPangaea Logistics Solutions: Post-Earnings Selloff Provides Buying OpportunityMarch 15, 2024 | marketwatch.comPangaea Logistics Stock Falls 19% on Wall Street MissMarch 15, 2024 | finance.yahoo.comPangaea Logistics Solutions Full Year 2023 Earnings: Misses ExpectationsMarch 15, 2024 | insidermonkey.comPangaea Logistics Solutions, Ltd. (NASDAQ:PANL) Q4 2023 Earnings Call TranscriptMarch 15, 2024 | prnewswire.comPangaea Logistics Solutions Ltd. Announces Renewal of Shelf Registration StatementMarch 14, 2024 | msn.comPangaea Logistics Non-GAAP EPS of $0.16 misses by $0.18, revenue of $131.88M misses by $8.56MMarch 13, 2024 | benzinga.comRecap: Pangaea Logistics Solns Q4 EarningsMarch 13, 2024 | markets.businessinsider.comPangaea Logistics Solutions Ltd. Q4 Profit Decreases, misses estimatesMarch 13, 2024 | finance.yahoo.comPangaea Logistics Solutions Ltd. (PANL) Reports Mixed Year-End Results Amid Market ChallengesMarch 13, 2024 | prnewswire.comPangaea Logistics Solutions Ltd. Reports Financial Results for the Three Months and Year Ended December 31, 2023March 13, 2024 | msn.comBlu Boys rule Pangaea CupSee More Headlines 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 Company Calendar Ex-Dividend for 3/15 Dividend2/29/2024Dividend Payable3/15/2024Last Earnings5/09/2024Today5/14/2024Ex-Dividend for 6/13 Dividend5/30/2024Dividend Payable6/13/2024Next Earnings (Estimated)8/14/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNASDAQ:PANL CUSIPN/A CIK1005284 Webwww.pangaeals.com Phone(401) 846-7790Fax401-846-1520Employees151Year Founded2008Price Target and Rating Average Stock Price Target$10.25 High Stock Price Target$10.25 Low Stock Price Target$10.25 Potential Upside/Downside+29.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.76 Trailing P/E Ratio10.39 Forward P/E Ratio9.08 P/E GrowthN/ANet Income$26.32 million Net Margins7.04% Pretax Margin7.71% Return on Equity8.86% Return on Assets4.61% Debt Debt-to-Equity Ratio0.54 Current Ratio1.97 Quick Ratio1.75 Sales & Book Value Annual Sales$499.27 million Price / Sales0.74 Cash Flow$1.41 per share Price / Cash Flow5.61 Book Value$7.97 per share Price / Book0.99Miscellaneous Outstanding Shares46,840,000Free Float35,523,000Market Cap$370.04 million OptionableOptionable Beta0.81 Social Links 10 Best Stocks to Own in 2024Click the link below and we'll send you MarketBeat's list of the 10 best stocks to own in 2024 and why they should be in your portfolio. Get This Free Report Key ExecutivesMr. Mark L. Filanowski (Age 70)CEO & Director Comp: $1.44MMr. Gianni Del Signore (Age 41)CFO & Secretary Comp: $981.99kMr. Mads Rosenberg Boye PetersenChief Operating OfficerKey CompetitorsSEACOR MarineNYSE:SMHIDiana ShippingNYSE:DSXHimalaya ShippingNYSE:HSHPCapital Product PartnersNASDAQ:CPLPOverseas Shipholding GroupNYSE:OSGView All CompetitorsInsiders & InstitutionsLazard Asset Management LLCBought 8,870 shares on 5/15/2024Ownership: 0.019%PEAK6 Investments LLCBought 4,000 shares on 5/15/2024Ownership: 0.000%EntryPoint Capital LLCSold 9,465 shares on 5/14/2024Ownership: 0.009%O Shaughnessy Asset Management LLCSold 9,701 shares on 5/13/2024Ownership: 0.099%Hillsdale Investment Management Inc.Bought 16,300 shares on 5/11/2024Ownership: 0.035%View All Insider TransactionsView All Institutional Transactions PANL Stock Analysis - 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 target for 2024? 1 Wall Street research analysts have issued 12 month target prices for Pangaea Logistics Solutions' stock. Their PANL share price targets range from $10.25 to $10.25. On average, they expect the company's stock price to reach $10.25 in the next twelve months. This suggests a possible upside of 29.7% 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 2024? Pangaea Logistics Solutions' stock was trading at $8.24 at the beginning of 2024. Since then, PANL stock has decreased by 4.1% and is now trading at $7.90. View the best growth stocks for 2024 here. When is Pangaea Logistics Solutions' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 14th 2024. View our PANL earnings forecast. How were Pangaea Logistics Solutions' earnings last quarter? Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) released its quarterly earnings results on Thursday, May, 9th. The shipping company reported $0.14 earnings per share for the quarter, beating the consensus estimate of $0.09 by $0.05. The shipping company had revenue of $104.75 million for the quarter, compared to analyst estimates of $117.47 million. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 8.86% and a net margin of 7.04%. During the same quarter last year, the firm posted $0.11 earnings per share. 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 Tuesday, May 7th. Investors of record on Thursday, May 30th will be given a dividend of $0.10 per share on Thursday, June 13th. This represents a $0.40 annualized dividend and a yield of 5.06%. The ex-dividend date is Thursday, May 30th. Read our dividend analysis for PANL. 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 5.13%. 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 52.63%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, PANL will have a dividend payout ratio of 40.40% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for PANL. What ETF holds Pangaea Logistics Solutions' stock? Roundhill Acquirers Deep Value ETF holds 51,065 shares of PANL stock, representing 1.08% of its portfolio. 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). Who are Pangaea Logistics Solutions' major shareholders? Pangaea Logistics Solutions' stock is owned by a number of institutional and retail investors. Top institutional shareholders include Rockland Trust Co. (18.30%), Vanguard Group Inc. (1.50%), Acadian Asset Management LLC (0.67%), Empowered Funds LLC (0.64%), Janney Montgomery Scott LLC (0.17%) and Kingsview Wealth Management LLC (0.13%). Insiders that own company stock include David Sgro, Eric Rosenfeld and One Acquisition Holdin Pangaea. 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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. 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