NASDAQ:PANL Pangaea Logistics Solutions (PANL) Stock Price, News & Analysis $6.22 -0.05 (-0.80%) (As of 10/28/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Pangaea Logistics Solutions Stock (NASDAQ:PANL) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get PANL alerts:Sign Up Key Stats Today's Range$6.19▼$6.3050-Day Range$6.19▼$7.4252-Week Range$5.74▼$9.52Volume242,903 shsAverage Volume213,846 shsMarket Capitalization$291.72 millionP/E Ratio7.97Dividend Yield6.43%Price Target$10.25Consensus RatingBuy Company OverviewPangaea 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… The most serious warning of my career (Ad)With the 2024 election just weeks away, a new crisis is barrelling down on America… one that could cleave the financial world in two the moment the polls close. I predict they could see investment losses of 50% (or more) in the weeks following the presidential election. Click here now to grab your seat now. Pangaea Logistics Solutions Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks97th Percentile Overall ScorePANL MarketRank™: Pangaea Logistics Solutions scored higher than 97% of companies evaluated by MarketBeat, and ranked 5th out of 125 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.5 / 5Analyst RatingBuy 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 received no research coverage in the past 90 days.Read more about Pangaea Logistics Solutions' stock forecast and price target. Earnings and Valuation3.8 / 5Proj. Earnings Growth25.00% Earnings GrowthEarnings for Pangaea Logistics Solutions are expected to grow by 25.00% in the coming year, from $0.76 to $0.95 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Pangaea Logistics Solutions is 7.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 129.96.Price to Earnings Ratio vs. SectorThe P/E ratio of Pangaea Logistics Solutions is 7.97, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.76.Price to Book Value per Share RatioPangaea Logistics Solutions has a P/B Ratio of 0.78. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted1.09% 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 2.3, 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 10.67%, indicating that investor sentiment is decreasing significantly. Dividend3.3 / 5Dividend StrengthStrong Dividend LeadershipPangaea Logistics Solutions is a leading dividend payer. It pays a dividend yield of 6.38%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthPangaea Logistics Solutions does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Pangaea Logistics Solutions is 51.28%. 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 42.11% next year. This indicates that Pangaea Logistics Solutions will be able to sustain or increase its dividend.Read more about Pangaea Logistics Solutions' dividend. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted1.09% 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 2.3, 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 10.67%, indicating that investor sentiment is decreasing significantly. News and Social Media2.6 / 5News Sentiment0.76 News SentimentPangaea Logistics Solutions has a news sentiment score of 0.76. 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 0.50 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Pangaea Logistics Solutions this week, compared to 2 articles on an average week.Search InterestOnly 2 people have searched for PANL on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Pangaea Logistics Solutions to their MarketBeat watchlist in the last 30 days. This is a decrease of -67% compared to the previous 30 days. Company Ownership3.3 / 5Insider TradingN/A Insider Buying vs. Insider SellingIn the past three months, Pangaea Logistics Solutions insiders have not sold or bought any company stock.Percentage Held by Insiders23.39% 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. 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 HeadlinesPangaea Logistics Solutions (NASDAQ:PANL) Lowered to "Hold" at StockNews.comOctober 29 at 3:36 AM | americanbankingnews.comEarth's mantle is split into two halves thanks to supercontinent PangaeaOctober 27 at 8:19 AM | msn.comMan who Predicted Trump 2016 Win: “Prepare for Election Meltdown”Former advisor to the CIA, the Pentagon and the White House Jim Rickards went on multiple TV news programs… A predicted Trump would win. You won’t believe what he’s predicting now.October 29, 2024 | Paradigm Press (Ad)Pangaea Logistics: Share Dilution On The Horizon (Rating Downgrade)October 24, 2024 | seekingalpha.comPangaea Logistics Solutions (NASDAQ:PANL) Stock Rating Upgraded by StockNews.comOctober 20, 2024 | americanbankingnews.comPangaea Logistics Solutions Ltd (PANL) Q2 2024 Earnings Call Highlights: Navigating Market ...October 9, 2024 | uk.finance.yahoo.comPangaea Logistics Solns (NASDAQ:PANL) Stock, Short Interest ReportOctober 8, 2024 | benzinga.comPangaea Logistics to purchase equity ownership of Nordic Bulk PartnersOctober 8, 2024 | msn.comSee More Headlines PANL Stock Analysis - Frequently Asked Questions How have PANL shares performed this year? Pangaea Logistics Solutions' stock was trading at $8.24 at the beginning of 2024. Since then, PANL stock has decreased by 24.5% and is now trading at $6.22. View the best growth stocks for 2024 here. How were Pangaea Logistics Solutions' earnings last quarter? Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL) announced its quarterly earnings data on Thursday, August, 8th. The shipping company reported $0.10 earnings per share for the quarter, missing the consensus estimate of $0.15 by $0.05. The shipping company had revenue of $131.50 million for the quarter, compared to analysts' expectations of $98.09 million. Pangaea Logistics Solutions had a trailing twelve-month return on equity of 8.76% and a net margin of 7.02%. Who are Pangaea Logistics Solutions' major shareholders? Pangaea Logistics Solutions' top institutional shareholders include Lakewood Asset Management LLC (0.08%), SG Americas Securities LLC (0.08%) and Wealth Enhancement Advisory Services LLC (0.03%). 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. What other stocks do shareholders of Pangaea Logistics Solutions own? Based on aggregate information from My MarketBeat watchlists, some other companies that Pangaea Logistics Solutions investors own include Scilex (SCLX), Rigetti Computing (RGTI), NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), Arista Networks (ANET) and Novo Nordisk A/S (NVO). Company Calendar Last Earnings8/08/2024Ex-Dividend for 9/16 Dividend8/30/2024Dividend Payable9/16/2024Today10/28/2024Next Earnings (Estimated)11/13/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryTransportation Current SymbolNASDAQ:PANL CUSIPN/A CIK1005284 Webwww.pangaeals.com Phone(401) 846-7790Fax401-846-1520Employees570Year 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+64.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$0.78 Trailing P/E Ratio7.97 Forward P/E Ratio8.18 P/E GrowthN/ANet Income$26.32 million Net Margins7.02% Pretax Margin7.75% Return on Equity8.76% Return on Assets4.66% Debt Debt-to-Equity Ratio0.57 Current Ratio2.16 Quick Ratio1.82 Sales & Book Value Annual Sales$499.27 million Price / Sales0.58 Cash Flow$1.33 per share Price / Cash Flow4.66 Book Value$7.97 per share Price / Book0.78Miscellaneous Outstanding Shares46,900,000Free Float35,932,000Market Cap$291.72 million OptionableOptionable Beta0.86 Social Links 20 High-Yield Dividend Stocks that Could Ruin Your RetirementAlmost everyone loves strong dividend-paying stocks, but high yields can signal danger. Discover 20 high-yield dividend stocks paying an unsustainably large percentage of their earnings. Enter your email to get this report and avoid a high-yield dividend trap.Get This Free Report This page (NASDAQ:PANL) was last updated on 10/29/2024 by MarketBeat.com Staff From Our Partnerstop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)AI was by far the biggest tech investing trend right now. 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