Pangaea Logistics Solutions, Ltd. – NASDAQ:PANL

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$5.08

+0.19

+3.89%

Market closed

Open in 1 day

-35.32%

month

-35.32%

quarter

-39.70%

year

Market Cap	229.35M
Enterprise value	425.02M

P/E	10.24
EV/Sales	0.81
EV/EBITDA	6.50
Price/Sales	0.43
Price/Book	0.66
PEG ratio	-0.02
EPS	0.76

Revenue	490.34M
EBITDA	80.79M
Income	34.52M
Revenue Q/Q	-7.87%
Revenue Y/Y	-21.12%

Profit margin	4.14%
Oper. margin	8.58%
Gross margin	13.2%
EBIT margin	8.58%
EBITDA margin	16.48%

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10 years history
Forward ratios (Analysts estimates)

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Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL): Profit margin
Jun 2023	118.07M	2.84M	2.41%
Sep 2023	135.61M	18.86M	13.91%
Dec 2023	131.9M	1.13M	0.86%
Mar 2024	104.74M	11.67M	11.14%

Pangaea Logistics Solutions, Ltd. Financials Estimate

Q Y

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL): Analyst Estimates
Mar 2024	104.74M	11.67M	11.14%
Sep 2025	113.8M	25.40M	22.33%
Oct 2025	113.85M	26.30M	23.1%
Dec 2025	92M	12.66M	13.77%

Analysts Price target
Financials & Ratios estimates

Dividends

Paying a dividend greater than earnings.

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL): Payout ratio
Payout ratio	64565.01%

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL): Dividend Yield
2019	6.41%
2020	0.45%
2021	3.33%
2022	5.87%
2023	4.91%

PANL dividends history

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL): Debt to assets
Jun 2023	724572865	363.00M	50.1%
Sep 2023	728593910	351.21M	48.2%
Dec 2023	705179968	334.98M	47.5%
Mar 2024	703305074	323.99M	46.07%

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL): Cash Flow
Jun 2023	2.00M	-32.47M	-14.38M
Sep 2023	16.30M	-1.33M	-11.90M
Dec 2023	23.90M	9.03M	-21.25M
Mar 2024	8.99M	-203.61K	-11.96M

Pangaea Logistics Solutions, Ltd. alternative data

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Pangaea Logistics Solutions, Ltd.
Employees

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL): Employee count
Sep 2023	70
Oct 2023	70
Nov 2023	70
Dec 2023	70
Jan 2024	70
Feb 2024	70
Mar 2024	151
Apr 2024	151
May 2024	151
Jun 2024	151
Jul 2024	151

Pangaea Logistics Solutions, Ltd.
Hedge Funds Holdings Q1 2022

45.53% -0.24%

of PANL is owned by hedge funds

60 +15

hedge funds hold PANL stock

20.34M -214.14K

shares is hold by hedge funds

PANL hedge funds holdings changes

Pangaea Logistics Solutions, Ltd.
Insider Trading

Pangaea Logistics Solutions, Ltd. (NASDAQ:PANL): Insider trades (number of shares)
Period	Buy	Sel
Jun 2023	0	112790
Nov 2023	0	81120
Dec 2023	0	27631

Transaction	Date	Insider	Security	Shares	Price per share	Total value
Sale	12 Dec 2023	ROSENFELD ERIC director director	Common Share $0.0001 Par Value	15,783	$7.35	$116,005
Sale	12 Dec 2023	SGRO DAVID director director	Common Share $0.0001 Par Value	11,848	$7.35	$87,083
Sale	29 Nov 2023	SGRO DAVID director director	Common Share $0.0001 Par Value	1,311	$7.26	$9,518
Sale	29 Nov 2023	ROSENFELD ERIC director director	Common Share $0.0001 Par Value	1,749	$7.26	$12,698
Sale	29 Nov 2023	SGRO DAVID director director	Common Share $0.0001 Par Value	1,311	$7.26	$9,518
Sale	29 Nov 2023	ROSENFELD ERIC director director	Common Share $0.0001 Par Value	1,749	$7.26	$12,698
Sale	24 Nov 2023	SGRO DAVID director director	Common Share $0.0001 Par Value	10,714	$7.09	$75,962
Sale	24 Nov 2023	ROSENFELD ERIC director director	Common Share $0.0001 Par Value	14,286	$7.09	$101,288
Sale	22 Nov 2023	SGRO DAVID director director	Common Share $0.0001 Par Value	10,714	$7.03	$75,319
Sale	22 Nov 2023	ROSENFELD ERIC director director	Common Share $0.0001 Par Value	14,286	$7.03	$100,431

PANL insider trading transactions

Pangaea Logistics Solutions, Ltd.
Earnings Call Transcripts

Quarter	Transcript
Q1 2024 10 May 2024	Q1 2024 Earnings Call Transcript
Q4 2023 14 Mar 2024	Q4 2023 Earnings Call Transcript
Q3 2023 9 Nov 2023	Q3 2023 Earnings Call Transcript
Q2 2023 10 Aug 2023	Q2 2023 Earnings Call Transcript

PANL earnings call transcripts

Pangaea Logistics Solutions, Ltd.
Executives

Insider	Age	Since	Compensation
Mr. Mark L. Filanowski (1954) Chief Executive Officer, Chief Operating Officer & Director	71		$528,570
Mr. Gianni Del Signore (1983) Chief Financial Officer & Sec.	42		$401,060

Pangaea Logistics Solutions, Ltd.
Latest News

Wednesday, 13 November 2024
17:26	Pangaea Logistics Solutions, Ltd. (PANL) Q3 2024 Earnings Call Transcript	seekingalpha.com
Tuesday, 12 November 2024
19:41	Pangaea Logistics (PANL) Meets Q3 Earnings Estimates	zacks.com
17:00	Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended September 30, 2024	prnewswire.com
Tuesday, 5 November 2024
16:30	PANGAEA LOGISTICS SOLUTIONS ANNOUNCES THIRD QUARTER 2024 CONFERENCE CALL DATE	prnewswire.com
Monday, 7 October 2024
16:30	Pangaea Logistics Solutions Announces Agreement to Purchase Third Party Equity Ownership of Nordic Bulk Partners	prnewswire.com
Monday, 23 September 2024
22:44	Pangaea Logistics Solutions Expands Into Handysize Bulk Carrier Segment, Buy	seekingalpha.com
16:05	Pangaea Logistics Solutions and M.T. Maritime Management Announce Agreement to Combine Fleets of Dry Bulk Vessels in All-Stock Transaction	prnewswire.com
Thursday, 22 August 2024
09:11	69 All Star And Graham Value Stocks; 49 Fit To Buy In August	seekingalpha.com
Monday, 12 August 2024
07:55	Pangaea Logistics Solutions: Upgrading On Improved Near-Term Outlook And Discounted Valuation	seekingalpha.com
Thursday, 8 August 2024
19:45	Pangaea Logistics (PANL) Tops Q2 Earnings and Revenue Estimates	zacks.com
16:30	Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended June 30, 2024	prnewswire.com
Wednesday, 31 July 2024
17:50	PANGAEA LOGISTICS SOLUTIONS ANNOUNCES SECOND QUARTER 2024 CONFERENCE CALL DATE	prnewswire.com
Friday, 10 May 2024
09:24	Pangaea Logistics Solutions, Ltd. (PANL) Q1 2024 Earnings Call Transcript	seekingalpha.com
Thursday, 9 May 2024
16:45	Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2024	prnewswire.com
Thursday, 2 May 2024
17:00	PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FIRST QUARTER 2024 CONFERENCE CALL DATE	PRNewsWire
Thursday, 28 March 2024
01:07	Pangaea Logistics: Despite The Discouraging Q4 2023 Results, It Is Still A Buy	Seeking Alpha
Monday, 11 March 2024
13:26	What's in Store for Pangaea Logistics (PANL) in Q4 Earnings?	Zacks Investment Research
Friday, 8 March 2024
10:46	Is Pangaea Logistics Solutions (PANL) Stock Undervalued Right Now?	Zacks Investment Research
07:00	PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 CONFERENCE CALL DATE	PRNewsWire
Wednesday, 28 February 2024
07:37	Grab These 4 High Earnings Yield Value Stocks Right Away	Zacks Investment Research
Wednesday, 21 February 2024
10:46	Is Pangaea Logistics Solutions (PANL) a Great Value Stock Right Now?	Zacks Investment Research
Monday, 5 February 2024
09:06	5 Stocks With Recent Price Strength to Enhance Your Portfolio	Zacks Investment Research
Wednesday, 31 January 2024
10:41	Are Transportation Stocks Lagging Pangaea Logistics Solutions (PANL) This Year?	Zacks Investment Research
Monday, 22 January 2024
13:02	Pangaea Logistics (PANL) Is Up 8.92% in One Week: What You Should Know	Zacks Investment Research
09:51	Recent Price Trend in Pangaea Logistics (PANL) is Your Friend, Here's Why	Zacks Investment Research
Friday, 5 January 2024
22:38	Pangaea Logistics: Curios Shipping Stock With An Attractive Yield	Seeking Alpha
Friday, 22 December 2023
10:33	Pangaea Logistics (PANL) is on the Move, Here's Why the Trend Could be Sustainable	Zacks Investment Research
Monday, 11 December 2023
11:18	Should Value Investors Buy Pangaea Logistics Solutions (PANL) Stock?	Zacks Investment Research
Tuesday, 5 December 2023
10:32	Recent Price Trend in Pangaea Logistics (PANL) is Your Friend, Here's Why	Zacks Investment Research
Wednesday, 22 November 2023
13:32	Pangaea Logistics (PANL) is a Great Momentum Stock: Should You Buy?	Zacks Investment Research

Frequently Asked Questions (FAQ)

What's the price of Pangaea Logistics Solutions, Ltd. stock today?

One share of Pangaea Logistics Solutions, Ltd. stock can currently be purchased for approximately $5.08.
When is Pangaea Logistics Solutions, Ltd.'s next earnings date?

Unfortunately, Pangaea Logistics Solutions, Ltd.'s (PANL) next earnings date is currently unknown.
Does Pangaea Logistics Solutions, Ltd. pay dividends?

Yes, Pangaea Logistics Solutions, Ltd. pays dividends and its trailing 12-month yield is 8.18% with 64565% payout ratio.It means that the company is paying a dividend greater than earnings. The last Pangaea Logistics Solutions, Ltd. stock dividend of $0.04 was paid on 15 Dec 2021.
How much money does Pangaea Logistics Solutions, Ltd. make?

Pangaea Logistics Solutions, Ltd. has a market capitalization of 229.35M and it's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 28.65% to 499.27M US dollars.
What is Pangaea Logistics Solutions, Ltd.'s stock symbol?

Pangaea Logistics Solutions, Ltd. is traded on the NASDAQ under the ticker symbol "PANL".
What is Pangaea Logistics Solutions, Ltd.'s primary industry?

Company operates in the Industrials sector and Marine Shipping industry.
How do i buy shares of Pangaea Logistics Solutions, Ltd.?

Shares of Pangaea Logistics Solutions, Ltd. 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.
Who are Pangaea Logistics Solutions, Ltd.'s key executives?
Pangaea Logistics Solutions, Ltd.'s management team includes the following people:
- Mr. Mark L. Filanowski Chief Executive Officer, Chief Operating Officer & Director(age: 71, pay: $528,570)
- Mr. Gianni Del Signore Chief Financial Officer & Sec.(age: 42, pay: $401,060)
How many employees does Pangaea Logistics Solutions, Ltd. have?

As Jul 2024, Pangaea Logistics Solutions, Ltd. employs 151 workers.
When Pangaea Logistics Solutions, Ltd. went public?

Pangaea Logistics Solutions, Ltd. is publicly traded company for more then 11 years since IPO on 19 Dec 2013.
What is Pangaea Logistics Solutions, Ltd.'s official website?

The official website for Pangaea Logistics Solutions, Ltd. is pangaeals.com.
Where are Pangaea Logistics Solutions, Ltd.'s headquarters?

Pangaea Logistics Solutions, Ltd. is headquartered at 109 Long Wharf, Newport, RI.
How can i contact Pangaea Logistics Solutions, Ltd.?

Pangaea Logistics Solutions, Ltd.'s mailing address is 109 Long Wharf, Newport, RI and company can be reached via phone at +40 18467790.

Pangaea Logistics Solutions, Ltd.

pangaeals.com

Exchange:

NASDAQ

Full time employees:

151

Industry:

Marine Shipping

Sector:

Industrials

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, such as 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. As of March 16, 2022, the company owned and operated a fleet of 25 vessels. Pangaea Logistics Solutions, Ltd. was founded in 1996 and is based in Newport, Rhode Island.

+40 18467790

109 Long Wharf
Newport, RI 02840

CIK: 0001606909
ISIN: BMG6891L1054
CUSIP: G6891L105