Pangaea Logistics Solutions, Ltd. (PANL)
Market Cap | 315.01M |
Revenue (ttm) | 499.27M |
Net Income (ttm) | 26.32M |
Shares Out | 46.72M |
EPS (ttm) | 0.58 |
PE Ratio | 11.64 |
Forward PE | 6.53 |
Dividend | $0.40 (5.93%) |
Ex-Dividend Date | Feb 29, 2024 |
Volume | 475,899 |
Open | 6.78 |
Previous Close | 6.84 |
Day's Range | 6.69 - 6.95 |
52-Week Range | 5.06 - 9.53 |
Beta | 0.87 |
Analysts | Hold |
Price Target | n/a |
Earnings Date | Mar 13, 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... [Read more]
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%.
Financial StatementsNews
Pangaea Logistics Solutions Ltd. Announces Renewal of Shelf Registration Statement
NEWPORT, R.I., March 15, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Three Months and Year Ended December 31, 2023
NEWPORT, R.I. , March 13, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2023 CONFERENCE CALL DATE
NEWPORT, R.I. , March 8, 2024 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it wil...
Pangaea Logistics Solutions Ltd. Announces Quarterly Cash Dividend
NEWPORT, R.I. , Feb. 15, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended September 30, 2023
NEWPORT, R.I. , Nov. 8, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES THIRD QUARTER 2023 CONFERENCE CALL DATE
NEWPORT, R.I. , Oct. 30, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL) (or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it wi...
Pangaea Logistics Solutions Ltd. Awarded First Dry Bulk "Silent E" Certification
NEWPORT, R.I. , Oct. 12, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended June 30, 2023
NEWPORT, R.I. , Aug. 9, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES SECOND QUARTER 2023 CONFERENCE CALL DATE
NEWPORT, R.I. , July 27, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it wil...
PANGAEA LOGISTICS SOLUTIONS TO JOIN THE RUSSELL 3000® INDEX
NEWPORT, R.I. , June 26, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Announces Completion of Port and Terminal Operations Acquisition
NEWPORT, R.I. , June 1, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended March 31, 2023
NEWPORT, R.I. , May 10, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FIRST QUARTER 2023 CONFERENCE CALL DATE
NEWPORT, R.I. , May 3, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it will ...
Pangaea Logistics Solutions Announces Strategic Acquisition of Port and Terminal Operations
NEWPORT, R.I. , May 1, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. Adds Capacity with the Acquisition of Dry Bulk Vessel
Bulk Prudence will be the 25th owned vessel in Pangaea's global fleet Pangaea expects to take delivery of the Bulk Prudence in the second quarter 2023 NEWPORT, R.I. , April 26, 2023 /PRNewswire/ -- Pa...
Pangaea Logistics Solutions Ltd. Reports Record Financial Results for the Three Months and Year Ended December 31, 2022
NEWPORT, R.I. , March 15, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES FOURTH QUARTER AND FULL YEAR 2022 CONFERENCE CALL DATE
NEWPORT, R.I. , March 6, 2023 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it wil...
Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended September 30, 2022
NEWPORT, R.I. , Nov. 9, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
PANGAEA LOGISTICS SOLUTIONS ANNOUNCES THIRD QUARTER 2022 CONFERENCE CALL AND WEBCAST DATE
NEWPORT, R.I. , Nov. 2, 2022 /PRNewswire/ -- Pangaea Logistics Solutions (NASDAQ: PANL), a global provider of comprehensive maritime logistics solutions, today announced that it will issue third quar...
Pangaea Logistics Solutions Ltd. Announces Purchase of Vessel
Addition of Ultramax Brings Owned Fleet to 25 Ships NEWPORT, R.I. , Aug. 23, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. Reports Record Financial Results for the Quarter Ended June 30, 2022
NEWPORT, R.I. , Aug. 9, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd. to Report Second Quarter 2022 Results
NEWPORT, R.I., July 26, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.
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.
Pangaea Logistics Solutions Ltd. Hires New Vice President of Business Development - Ports & Logistics
NEWPORT, R.I. , May 9, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.