Pangaea Logistics Solutions, Ltd. (PANL)

Market Cap	280.01M
Revenue (ttm)	521.24M
Net Income (ttm)	21.60M
Shares Out	46.90M
EPS (ttm)	0.47
PE Ratio	12.63
Forward PE	8.49
Dividend	$0.40 (6.70%)
Ex-Dividend Date	Aug 30, 2024

Volume	116,405
Open	6.03
Previous Close	6.05
Day's Range	5.92 - 6.04
52-Week Range	5.92 - 9.53
Beta	0.87
Analysts	Strong Buy
Price Target	n/a
Earnings Date	Nov 12, 2024

About 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...

• Industry: Marine Shipping
• Sector: Industrials
• Founded: 1996
• Employees: 151
• Stock Exchange: NASDAQ
• Ticker Symbol: PANL
• Website: https://www.pangaeals.com

Financial Performance

In 2023, PANL's revenue was $499.27 million, a decrease of -28.65% compared to the previous year's $699.71 million. Earnings were $26.32 million, a decrease of -66.89%.