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Pangaea Logistics/$PANL

1D1W1M3M6MYTD1Y5YMAX

About Pangaea Logistics

Pangaea Logistics Solutions Ltd and its subsidiaries collectively, Pangaea or the Company, provide seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. Pangaea utilizes its logistics expertise to service a broad base of industrial customers who require the transportation of a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The Company's operating segments include the shipping segment: The Company's operating segments include the shipping segment and six terminal and stevedoring operating segments. The company operates in the USA, Germany, Canada, Singapore, the United Kingdom, and other countries, with maximum from the USA and others.
Ticker
$PANL
Sector
Mobility
Primary listing
NASDAQ
Employees
170

PANL Metrics

BasicAdvanced
$483M
10.16
$0.73
0.78
$0.25
5.43%

What the Analysts think about PANL

Analyst ratings (Buy, Hold, Sell) for Pangaea Logistics stock.
Analyst projections of the future price of Pangaea Logistics stock.

Bulls say / Bears say

Pangaea returned to profit in Q2 2026: revenue rose 19% year on year and adjusted EBITDA more than doubled. TCE rates increased 50% and beat relevant Baltic benchmarks by 10%, showing it can earn a premium in a stronger market. (SEC)
Trading momentum carried into Q3: by the August earnings call, Pangaea had booked 4,873 shipping days at a TCE of $20,258 per day. Management also expects its ice-class fleet’s Arctic summer season to support stronger utilisation and earnings. (The Motley Fool)
The expanding port and terminal business adds a steadier source of revenue alongside shipping. Tampa joined recent operations at Aransas and Lake Charles, and management expects these newer sites to contribute about $3 million of incremental annual EBITDA. (The Motley Fool)
Earnings remain exposed to the dry-bulk cycle: freight rates depend on cargo demand and vessel supply, and the company warns that results fluctuate with market conditions and seasonality. Q2’s revenue growth was mainly rate-driven, so a weaker freight market could quickly reverse the improvement. (SEC)
Higher activity is bringing cost pressure that could limit profit growth. In Q2, charter-hire expense rose 24% year on year and general and administrative costs rose 25%, including higher incentive pay and headcount. (The Motley Fool)
The balance sheet faces sizeable near-term cash demands: Pangaea reported about $352 million of debt and finance leases, expects to refinance a $24 million joint-venture balloon payment, and forecast $14 million for nine vessel drydockings and surveys in the second half of 2026. (The Motley Fool, SEC)
Data summarised monthly by Lightyear AI. Last updated on 2 Nov 2026.

PANL Financial Performance

Revenues and expenses
Income statement
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
Net income
Profit margin

PANL Earnings Performance

Company profitability
Earnings per share
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
Expected
Surprise

Funds containing PANL

Funds
Fund name
Fund size
$PANL weighting
SPDR Russell 2000 US Small Cap€R2US
$5.3B0.01%
SPDR Russell 2000 US Small Cap£R2SC
$5.3B0.01%
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