Pangaea Logistics/PANL

$6.85

1.33%
-
1D1W1MYTD1YMAX

About Pangaea Logistics

Pangaea Logistics Solutions Ltd. is a provider of seaborne drybulk logistics and transportation services as well as terminal and stevedoring services. The Company offers services to a base of industrial customers who require the transportation of a variety of drybulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite and limestone. The Company provides ocean transportation services to clients utilizing an ocean-going fleet of motor vessels (m/v) in the Handymax, Supramax, Ultramax and Panamax and Post-Panamax segments. The Company operates 26 vessels which are wholly owned or partially-owned through joint ventures. The Company provides logistics services and commercially manages its fleet primarily from offices in Newport, Rhode Island, Copenhagen, Denmark and Singapore. Its logistics services and activities include cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management.

Ticker

PANL

Sector

Industrials

Trading on

NASDAQ

Industry

Water Transportation

CEO

Mark Filanowski

Employees

151

Headquarters

Newport, United States

PANL Metrics

BasicAdvanced
$315.84M
Market cap
11.60
P/E ratio
$0.58
EPS
0.84
Beta
$0.40
Dividend rate
5.92%
Dividend yield
$315.84M
0.83894
$9.53
$5.28
308.47K
$0.40
1.821
1.664
65.367
81.644
70.75%
39.843
2.56%
3.93%
8.25%
4.94%
11.596
0.633
0.97
0.99
37.512
5.92%
5.92%
-28.65%
-66.82%
9.25%
30.73%
47.36%

What the Analysts think about PANL

Analyst Ratings

Majority rating from 3 analysts.
Buy

Price Targets

Average projection from 3 analysts.
39.85% upside
High $11.00
Low $8.75
$6.85
Current price
$9.58
Average price target

PANL Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
0.83% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$131.8M
-2.8%
Net income
$1.1M
-94.15%
Profit margin
0.83%
-94.01%

PANL Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 91.06%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.08
$0.06
$0.42
$0.03
-
Expected
$0.06
$0.17
$0.15
$0.34
$0.09
Surprise
25.65%
-64.71%
173.91%
-91.06%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Pangaea Logistics stock?

Pangaea Logistics (PANL) has a market cap of $315.84M as of April 20, 2024.

What is the P/E ratio for Pangaea Logistics stock?

The price to earnings (P/E) ratio for Pangaea Logistics (PANL) stock is 11.6 as of April 20, 2024.

Does Pangaea Logistics stock pay dividends?

Yes, the Pangaea Logistics (PANL) stock pays dividends to shareholders. As of April 20, 2024, the dividend rate is $0.4 and the yield is 5.92%. Pangaea Logistics has a payout ratio of 70.75% on a trailing twelve-month basis.

When is the next Pangaea Logistics dividend payment date?

The next Pangaea Logistics (PANL) dividend payment date is unconfirmed.

What is the beta indicator for Pangaea Logistics?

Pangaea Logistics (PANL) has a beta rating of 0.84. This means that it is less volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 0.5 would mean it moves half as much as the market.

What is the Pangaea Logistics stock price target?

The target price for Pangaea Logistics (PANL) stock is $9.58, which is 39.85% above the current price of $6.85. This is an average based on projections from 3 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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