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Pangaea Logistics SolutionsNASDAQ: PANL

Profile

Country:

United States

IPO:

19 December 2013

Next earnings report:

08 November 2024

Last dividends:

30 August 2024

Next dividends:

N/A
$291.73 M
-34%vs. 3y high
34%vs. sector
-50%vs. 3y high
14%vs. sector
-35%vs. 3y high
26%vs. sector
-34%vs. 3y high
24%vs. sector

Price

after hours | Fri, 01 Nov 2024 22:35:00 GMT
$6.22-$0.20(-3.12%)
$131.50 M$141.33 M
$131.50 M$3.68 M

Analysts recommendations

Institutional Ownership

PANL Latest News

Pangaea Logistics Solutions Expands Into Handysize Bulk Carrier Segment, Buy
seekingalpha.com23 September 2024 Sentiment: POSITIVE

Pangaea Logistics Solutions ("Pangaea") has agreed to acquire 15 handysize drybulk carriers for approximately $295 million including related debt in an all-stock transaction. The transaction will increase the company's owned fleet by almost 60% to 41 vessels and reduce loan-to-value to slightly below 40%. The company's shares will be valued at $10.20 in the transaction, a 55% premium to current market prices.

Pangaea Logistics Solutions: Upgrading On Improved Near-Term Outlook And Discounted Valuation
seekingalpha.com12 August 2024 Sentiment: POSITIVE

Pangaea Logistics Solutions reported better-than-expected Q2/2024 results, with both the company's top- and bottom-line results coming in ahead of consensus estimates. That said, adjusted EBITDA margin of 12.8% dropped to its lowest level in recent years as Pangaea's chartered-in fleet was running at a loss. With preliminary Q3 daily time charter equivalent rates up and charter-in rates down by more than 10% sequentially, Pangaea should report vastly improved third-quarter results.

Pangaea Logistics (PANL) Tops Q2 Earnings and Revenue Estimates
zacks.com08 August 2024 Sentiment: POSITIVE

Pangaea Logistics (PANL) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.01 per share. This compares to earnings of $0.10 per share a year ago.

Pangaea Logistics Solutions Ltd. Reports Financial Results for the Quarter Ended June 30, 2024
prnewswire.com08 August 2024 Sentiment: NEUTRAL

NEWPORT, RI, Aug. 8, 2024 /PRNewswire/ -- Pangaea Logistics Solutions Ltd. ("Pangaea" or the "Company") (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, announced today its results for the three months ended June 30, 2024.

PANGAEA LOGISTICS SOLUTIONS ANNOUNCES SECOND QUARTER 2024 CONFERENCE CALL DATE
prnewswire.com31 July 2024 Sentiment: POSITIVE

NEWPORT, R.I. , July 31, 2024 /PRNewswire/ -- Pangaea Logistics Solutions (Nasdaq: PANL, or "the Company"), a global provider of comprehensive maritime logistics solutions, today announced that it will issue second quarter 2024 results after the market closes on Thursday, August 8, 2024.

Pangaea Logistics: Despite The Discouraging Q4 2023 Results, It Is Still A Buy
Seeking Alpha28 March 2024 Sentiment: POSITIVE

Pangea Logistics reported disappointing FY23 results, causing a sell-off, but the panic was an overreaction, presenting a buying opportunity. The company has $99 million cash, $68 million long-term debt, and $264 million total debt (including $143 million lease agreements). PANL offers attractive dividends with a 5.9% TTM yield and a payout ratio of 57.9%.

What's in Store for Pangaea Logistics (PANL) in Q4 Earnings?
Zacks Investment Research11 March 2024 Sentiment: NEGATIVE

Supply-chain disruptions are likely to have hurt Pangaea Logistics' (PANL) performance in Q4.

Is Pangaea Logistics Solutions (PANL) a Great Value Stock Right Now?
Zacks Investment Research21 February 2024 Sentiment: POSITIVE

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 value, growth, and momentum trends to underscore strong picks.

Are Transportation Stocks Lagging Pangaea Logistics Solutions (PANL) This Year?
Zacks Investment Research31 January 2024 Sentiment: NEUTRAL

Here is how Pangaea Logistics (PANL) and ZIM Integrated Shipping Services (ZIM) have performed compared to their sector so far this year.

Pangaea Logistics (PANL) Is Up 8.92% in One Week: What You Should Know
Zacks Investment Research22 January 2024 Sentiment: POSITIVE

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

  • 1(current)

What type of business is Pangaea Logistics Solutions?

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 is headquartered in Newport, Rhode Island.

What sector is Pangaea Logistics Solutions in?

Pangaea Logistics Solutions is in the Industrials sector

What industry is Pangaea Logistics Solutions in?

Pangaea Logistics Solutions is in the Marine Shipping industry

What country is Pangaea Logistics Solutions from?

Pangaea Logistics Solutions is headquartered in United States

When did Pangaea Logistics Solutions go public?

Pangaea Logistics Solutions initial public offering (IPO) was on 19 December 2013

What is Pangaea Logistics Solutions website?

https://www.pangaeals.com

Is Pangaea Logistics Solutions in the S&P 500?

No, Pangaea Logistics Solutions is not included in the S&P 500 index

Is Pangaea Logistics Solutions in the NASDAQ 100?

No, Pangaea Logistics Solutions is not included in the NASDAQ 100 index

Is Pangaea Logistics Solutions in the Dow Jones?

No, Pangaea Logistics Solutions is not included in the Dow Jones index

When was Pangaea Logistics Solutions the previous earnings report?

No data

When does Pangaea Logistics Solutions earnings report?

The next expected earnings date for Pangaea Logistics Solutions is 08 November 2024