Pangaea Logistics Solutions, Ltd. (PANL)

NASDAQ: PANL · IEX Real-Time Price · USD
6.75
-0.09 (-1.32%)
At close: Mar 18, 2024, 4:00 PM
6.74
-0.01 (-0.15%)
After-hours: Mar 18, 2024, 4:56 PM EDT
-1.32%
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]

Industry Marine Shipping
Sector Industrials
Founded 1996
Employees 151
Stock Exchange NASDAQ
Ticker Symbol PANL
Full Company Profile

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 Statements

News

Pangaea Logistics Solutions Ltd. Announces Renewal of Shelf Registration Statement

NEWPORT, R.I., March 15, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

3 days ago - PRNewsWire

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.

5 days ago - PRNewsWire

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...

10 days ago - PRNewsWire

Pangaea Logistics Solutions Ltd. Announces Quarterly Cash Dividend

NEWPORT, R.I. , Feb. 15, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

4 weeks ago - PRNewsWire

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.

4 months ago - PRNewsWire

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...

5 months ago - PRNewsWire

Pangaea Logistics Solutions Ltd. Awarded First Dry Bulk "Silent E" Certification

NEWPORT, R.I. , Oct. 12, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

5 months ago - PRNewsWire

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.

7 months ago - PRNewsWire

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...

8 months ago - PRNewsWire

PANGAEA LOGISTICS SOLUTIONS TO JOIN THE RUSSELL 3000® INDEX

NEWPORT, R.I. , June 26, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

9 months ago - PRNewsWire

Pangaea Logistics Solutions Announces Completion of Port and Terminal Operations Acquisition

NEWPORT, R.I. , June 1, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

10 months ago - PRNewsWire

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.

11 months ago - PRNewsWire

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 ...

11 months ago - PRNewsWire

Pangaea Logistics Solutions Announces Strategic Acquisition of Port and Terminal Operations

NEWPORT, R.I. , May 1, 2023 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

11 months ago - PRNewsWire

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...

11 months ago - PRNewsWire

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.

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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1 year ago - GuruFocus

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.

1 year ago - PRNewsWire

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...

1 year ago - PRNewsWire

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.

1 year ago - PRNewsWire

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.

1 year ago - PRNewsWire

Pangaea Logistics Solutions Ltd. to Report Second Quarter 2022 Results

NEWPORT, R.I., July 26, 2022 /PRNewswire/ -- Pangaea Logistics Solutions Ltd.

1 year ago - PRNewsWire

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 years 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 years ago - PRNewsWire