Pangaea Logistics Solutions Ltd. (PANL)

NASDAQ: PANL · IEX Real-Time Price · USD
6.58
0.38 (6.13%)
May 25, 2022 4:00 PM EDT - Market closed
Market Cap302.72M
Revenue (ttm)784.89M
Net Income (ttm)81.54M
Shares Out46.01M
EPS (ttm)1.82
PE Ratio3.62
Forward PEn/a
Dividend$0.25 (3.72%)
Ex-Dividend DateMay 31, 2022
Volume735,360
Open6.20
Previous Close6.20
Day's Range6.00 - 6.65
52-Week Range3.42 - 6.68
Beta0.60
AnalystsBuy
Price Target7.31 (+11.1%)
Earnings DateMay 10, 2022

About PANL

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. P...

IndustryMarine
Founded1996
Employees70
Stock ExchangeNASDAQ
Ticker SymbolPANL
Full Company Profile

Financial Performance

In 2021, PANL's revenue was $718.10 million, an increase of 87.55% compared to the previous year's $382.90 million. Earnings were $67.23 million, an increase of 492.19%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for PANL stock is "Buy." The 12-month stock price forecast is 7.31, which is an increase of 11.09% from the latest price.

Price Target
$7.31
(11.09% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The 7 Best Retirement Stocks to Buy Right Now

Don't expect to find a lot of sexy growth stocks now. Look to solid income and solid growth you can invest in like these retirement stocks.

1 day ago - InvestorPlace

Pangaea Logistics Solutions Ltd. (PANL) Soars to 52-Week High, Time to Cash Out?

Pangaea Logistics (PANL) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

1 day ago - Zacks Investment Research

Bet on These 3 Low-Beta Stocks to Sail Through a Choppy Market

It is imperative to build a portfolio of low-beta stocks to combat a choppy market. Chesapeake (CHK), Renewable Energy (REGI) and Pangaea Logistics (PANL) are well poised to gain.

Other symbols:CHKREGI
1 day ago - Zacks Investment Research

5 Small Hidden Gems Flying High Despite Market's Bloodbath

We have narrowed our search to five small cap stocks that have provided double digit returns year to date. These : HDSN, SBOW, PANL, IPI and CVEO.

Other symbols:CVEOHDSNIPISBOW
1 day ago - Zacks Investment Research

3 Low P/E Stocks Displaying Attractive Earnings Growth

All three companies sport the highly coveted Zacks Rank #1 (Strong Buy), have solid dividend yields, low forward earnings multiples, and strong projected earnings growth.

Other symbols:DACTTE
5 days ago - Zacks Investment Research

Are You Looking for a Top Momentum Pick? Why Pangaea Logistics (PANL) is a Great Choice

Does Pangaea Logistics (PANL) have what it takes to be a top stock pick for momentum investors? Let's find out.

5 days ago - Zacks Investment Research

5 Stocks With Recent Price Strength Amid Severe Market Downturn

Investors target stocks that are witnessing a bullish run. Some of the stocks seeing price strength are GFF, HDSN, ULH, PANL and HURN.

Other symbols:GFFHDSNHURNULH
5 days ago - Zacks Investment Research

Here's What Is Driving Shipping Stocks Right Now

Shipping stocks are really hot right now.

Other symbols:GLOP
1 week ago - Zacks Investment Research

Best Momentum Stocks to Buy for May 16th

BBSI, DDS and PANL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on May 16, 2022.

Other symbols:BBSIDDS
1 week ago - Zacks Investment Research

Best Value Stocks to Buy for May 16th

PANL, WSM, and FNKO made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 16, 2022.

Other symbols:FNKOWSM
1 week ago - Zacks Investment Research

New Strong Buy Stocks for May 16th

DDS, PANL, SOI, WSM, and FNKO have been added to the Zacks Rank #1 (Strong Buy) List on May 16, 2022.

Other symbols:DDSFNKOSOIWSM
1 week ago - Zacks Investment Research

Should Value Investors Buy Pangaea Logistics Solutions (PANL) Stock?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 weeks ago - Zacks Investment Research

Pangaea Logistics (PANL) Beats Q1 Earnings Estimates

Pangaea Logistics (PANL) delivered earnings and revenue surprises of 9.38% and 0.56%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

2 weeks ago - Zacks Investment Research

Pangaea Logistics Solutions Ltd. Reports Record Financial Results for the Quarter Ended March 31, 2022

NEWPORT, R.I. , May 10, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

2 weeks ago - PRNewsWire

Pangaea Logistics Solutions Ltd. Hires New Vice President of Business Development - Ports & Logistics

NEWPORT, R.I. , May 9, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

2 weeks ago - PRNewsWire

What's in Store for Pangaea Logistics (PANL) in Q1 Earnings?

High fuel costs are likely to have hurt Pangaea Logistics' (PANL) Q1 bottom-line performance.

3 weeks ago - Zacks Investment Research

Best Value Stocks to Buy for May 4th

PANL, GASS, and PATK made it to the Zacks Rank #1 (Strong Buy) value stocks list on May 4, 2022.

Other symbols:GASSPATK
3 weeks ago - Zacks Investment Research

Best Income Stocks to Buy for May 4th

UVE, BKE, and PANL made it to the Zacks Rank #1 (Strong Buy) income stocks list on May 4, 2022.

Other symbols:BKEUVE
3 weeks ago - Zacks Investment Research

Pangaea Logistics Solutions Ltd. to Report First Quarter 2022 Results

NEWPORT, R.I. , May 3, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

3 weeks ago - PRNewsWire

Are Investors Undervaluing Pangaea Logistics Solutions (PANL) Right Now?

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 month ago - Zacks Investment Research

Why Transportation Stocks Are Still Attractive

MATX, NPNYY, PANL, R, USAK are strong buys in a sector that still remains hot.

Other symbols:MATXRUSAK
1 month ago - Zacks Investment Research

Pangaea Logistics (PANL) Could Find Support Soon, Here's Why You Should Buy the Stock Now

After losing some value lately, a hammer chart pattern has been formed for Pangaea Logistics (PANL), indicating that the stock has found support. This, combined with an upward trend in earnings estimate...

1 month ago - Zacks Investment Research

Pangaea Logistics Solutions Ltd. Appoints Karen H.

NEWPORT, R.I. , March 29, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

1 month ago - PRNewsWire

Buy These 4 Low-Beta Stocks to Combat the Choppy Market

It is imperative to build a portfolio of low-beta stocks to sail through a choppy market. Meridian (VIVO), OP Bancorp (OPBK), ICU Medical (ICUI) and Pangaea Logistics (PANL) are well poised to gain.

Other symbols:ICUIOPBKVIVO
2 months ago - Zacks Investment Research

Pangaea Logistics (PANL) Q4 Earnings and Revenues Top Estimates

Pangaea Logistics (PANL) delivered earnings and revenue surprises of 33.33% and 23.56%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research