PANL
Pangaea Logistics Solutions Ltd.
Price Chart
Latest Quote
$7.50
| Previous Close | $7.38 |
| Open | $7.55 |
| Day High | $7.63 |
| Day Low | $7.38 |
| Volume | 692,139 |
Stock Information
| Quarterly Dividend / Yield | $0.20 / 2.67% |
| Shares Outstanding | 65.41M |
| Quarterly Dividend Yield | 2.67% |
| Quarterly Dividend | $0.20 |
| Total Debt | $360.03M |
| Cash Equivalents | $89.74M |
| Revenue | $679.82M |
| Net Income | $34.64M |
| Sector | Industrials |
| Industry | Marine Shipping |
| Market Cap | $490.61M |
| P/E Ratio | 13.89 |
| EPS (TTM) | $0.54 |
| Exchange | NCM |
đ Comprehensive Analysis
Company Data
| Enterprise Value | $806.67M |
| Sales | $679.82M |
| Income | $34.64M |
| Book/sh | $6.74 |
| Cash/sh | $1.37 |
| Employees | 170 |
Financial Ratios
| Quick Ratio | 1.08 |
| Current Ratio | 1.63 |
| Debt/Eq | 73.95 |
Returns & Margins
| ROA | 3.07% |
| ROE | 7.55% |
| Gross Margin | 18.25% |
| Operating Margin | 6.35% |
| Profit Margin | 5.10% |
Ownership
| Insider Ownership | 51.19% |
| Institutional Ownership | 42.13% |
| Insider & Institutional transactions data not available | |
Valuation Ratios
| Forward P/E | 8.49 |
| P/S | 0.72 |
| P/B | 1.11 |
Analyst Data
| Recommendation | none |
| Target Price | $10.85 |
Technical Indicators
| SMA20 | $7.56 |
| SMA50 | $7.66 |
| SMA200 | $6.92 |
| RSI | 46.43 |
| ATR | 0.3271 |
| Shares Float | 25.72M |
| Short Float | 2.76% |
| Short Ratio | 1.48 |
| Volatility | 0.76 |
| Rel Volume | 1.15 |
Performance History
| Week | -2.34% |
| Month | -7.93% |
| Quarter | +11.19% |
| 6 Months | +4.56% |
| YTD | +13.63% |
| Year | +60.78% |
| 3 Years | +36.96% |
| 5 Years | +121.54% |
| 10 Years | +286.35% |
Sign up for free to view detailed scoring breakdown â premium is free during our trial period!
Recent Price History
| Date | Close | Volume |
|---|---|---|
| 2026-06-22 | $7.50 | 708,900 |
| 2026-06-18 | $7.38 | 717,000 |
| 2026-06-17 | $7.46 | 601,300 |
| 2026-06-16 | $7.62 | 574,900 |
| 2026-06-15 | $7.57 | 547,000 |
| 2026-06-12 | $7.68 | 345,800 |
| 2026-06-11 | $7.35 | 382,500 |
| 2026-06-10 | $7.30 | 422,900 |
| 2026-06-09 | $7.31 | 475,900 |
| 2026-06-08 | $7.23 | 392,100 |
| 2026-06-05 | $7.21 | 329,300 |
| 2026-06-04 | $7.27 | 461,400 |
| 2026-06-03 | $7.31 | 599,600 |
| 2026-06-02 | $7.90 | 1,632,100 |
| 2026-06-01 | $7.64 | 621,800 |
| 2026-05-29 | $7.52 | 567,500 |
| 2026-05-28 | $7.63 | 967,300 |
| 2026-05-27 | $8.09 | 613,500 |
| 2026-05-26 | $8.31 | 848,900 |
About Pangaea Logistics Solutions Ltd.
Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers transportation services for various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone; and terminal and stevedoring services. The company also provides cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of 7 vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.
đ° Latest News
Nextpower, Pangaea, and Hudson Technologies Shares Skyrocket, What You Need To Know
StockStory âĸ 2026-06-13T02:29:20ZShould Value Investors Buy Pangaea Logistics Solutions (PANL) Stock?
Zacks âĸ 2026-06-09T13:40:04Z3 Reasons to Avoid PANL and 1 Stock to Buy Instead
StockStory âĸ 2026-06-04T19:17:30Z1 Industrials Stock with Impressive Fundamentals and 2 We Avoid
StockStory âĸ 2026-06-01T20:32:51ZPangaea, Covenant Logistics, and Landstar Shares Skyrocket, What You Need To Know
StockStory âĸ 2026-05-26T22:39:28Z1 Russell 2000 Stock to Own for Decades and 2 Facing Challenges
StockStory âĸ 2026-05-26T10:19:49Z2 Profitable Stocks Worth Your Attention and 1 We Find Risky
StockStory âĸ 2026-05-21T20:12:55ZThe 5 Most Interesting Analyst Questions From Pangaeaâs Q1 Earnings Call
StockStory âĸ 2026-05-20T00:04:55ZPANL Q1 Deep Dive: Logistics Expansion and Operating Leverage Drive Outperformance
StockStory âĸ 2026-05-16T00:20:55ZIs Pangaea Logistics Solutions (PANL) Outperforming Other Transportation Stocks This Year?
Zacks âĸ 2026-05-14T13:40:05ZIncome Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Revenue | ||||
| Reconciled Cost Of Revenue | $563,026,000 | $463,462,000 | $430,131,189 | $570,769,902 |
| Cost Of Revenue | $563,026,000 | $463,462,000 | $430,131,189 | $570,769,902 |
| Total Revenue | $632,041,000 | $536,536,000 | $499,267,834 | $699,706,906 |
| Operating Revenue | $632,041,000 | $536,536,000 | $499,267,834 | $699,706,906 |
| Expenses | ||||
| Interest Expense | $24,006,000 | $20,176,000 | $17,487,697 | $22,421,647 |
| Total Expenses | $594,097,000 | $488,088,000 | $452,912,126 | $590,873,248 |
| Rent Expense Supplemental | $129,735,000 | $130,764,000 | $111,033,537 | $222,332,197 |
| Other Income Expense | $4,597,000 | $475,000 | $-3,902,373 | $-1,836,376 |
| Other Non Operating Income Expenses | $2,952,000 | $1,428,000 | $761,485 | $807,142 |
| Net Non Operating Interest Income Expense | $-22,374,000 | $-17,153,000 | $-13,915,563 | $-21,489,578 |
| Interest Expense Non Operating | $24,006,000 | $20,176,000 | $17,487,697 | $22,421,647 |
| Operating Expense | $31,071,000 | $24,626,000 | $22,780,937 | $20,103,346 |
| General And Administrative Expense | $31,071,000 | $24,626,000 | $22,780,937 | $20,103,346 |
| Income & Earnings | ||||
| Net Income From Continuing Operation Net Minority Interest | $19,369,000 | $28,903,000 | $26,323,300 | $79,491,413 |
| Net Interest Income | $-22,374,000 | $-17,153,000 | $-13,915,563 | $-21,489,578 |
| Interest Income | $1,632,000 | $3,023,000 | $3,572,134 | $932,069 |
| Normalized Income | $18,069,450 | $29,655,870 | $30,007,748 | $81,579,792 |
| Net Income From Continuing And Discontinued Operation | $19,369,000 | $28,903,000 | $26,323,300 | $79,491,413 |
| Total Operating Income As Reported | $40,944,000 | $48,449,000 | $44,617,197 | $105,507,817 |
| Net Income Common Stockholders | $19,369,000 | $28,903,000 | $26,323,300 | $79,491,413 |
| Net Income | $19,369,000 | $28,903,000 | $26,323,300 | $79,491,413 |
| Net Income Including Noncontrolling Interests | $20,167,000 | $31,769,000 | $28,537,772 | $85,507,704 |
| Net Income Continuous Operations | $20,167,000 | $31,770,000 | $28,537,772 | $85,507,704 |
| Pretax Income | $20,167,000 | $31,770,000 | $28,537,772 | $85,507,704 |
| Special Income Charges | $3,000,000 | $0 | $-1,738,511 | $-3,325,841 |
| Interest Income Non Operating | $1,632,000 | $3,023,000 | $3,572,134 | $932,069 |
| Operating Income | $37,944,000 | $48,448,000 | $46,355,708 | $108,833,658 |
| Gross Profit | $69,015,000 | $73,074,000 | $69,136,645 | $128,937,004 |
| Per Share | ||||
| Diluted EPS | $0.30 | $0.63 | $0.58 | $1.76 |
| Basic EPS | $0.30 | $0.64 | $0.59 | $1.79 |
| Other | ||||
| Tax Effect Of Unusual Items | $345,450 | $-200,130 | $-979,410 | $-555,139 |
| Tax Rate For Calcs | $0 | $0 | $0 | $0 |
| Normalized EBITDA (Bullshit earnings) | $85,003,000 | $83,275,000 | $80,759,722 | $140,062,679 |
| Total Unusual Items | $1,645,000 | $-953,000 | $-4,663,858 | $-2,643,518 |
| Total Unusual Items Excluding Goodwill | $1,645,000 | $-953,000 | $-4,663,858 | $-2,643,518 |
| Reconciled Depreciation | $42,475,000 | $30,376,000 | $30,070,395 | $29,489,810 |
| EBITDA (Bullshit earnings) | $86,648,000 | $82,322,000 | $76,095,864 | $137,419,161 |
| EBIT | $44,173,000 | $51,946,000 | $46,025,469 | $107,929,351 |
| Diluted Average Shares | $64,703,473 | $46,046,044 | $45,475,453 | $45,059,587 |
| Basic Average Shares | $63,802,958 | $45,391,855 | $44,773,899 | $44,398,987 |
| Diluted NI Availto Com Stockholders | $19,369,000 | $28,903,000 | $26,323,300 | $79,491,413 |
| Minority Interests | $-798,000 | $-2,866,000 | $-2,214,472 | $-6,016,291 |
| Gain On Sale Of Ppe | $3,000,000 | $0 | $-1,738,511 | $-318,032 |
| Gain On Sale Of Security | $-1,355,000 | $-953,000 | $-2,925,347 | $682,323 |
| Selling General And Administration | $31,071,000 | $24,626,000 | $22,780,937 | $20,103,346 |
| Other Gand A | $31,071,000 | $24,626,000 | $22,780,937 | $20,103,346 |
| Impairment Of Capital Assets | - | - | $0 | $3,007,809 |
Balance Sheet (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Assets | ||||
| Net Tangible Assets | $425,653,000 | $423,707,000 | $319,004,130 | $314,226,062 |
| Total Assets | $928,096,000 | $936,457,000 | $705,179,968 | $748,241,470 |
| Total Non Current Assets | $712,322,000 | $744,464,000 | $513,354,089 | $525,730,448 |
| Other Non Current Assets | $270,000 | - | - | - |
| Goodwill And Other Intangible Assets | $3,681,000 | $4,114,000 | $4,881,863 | $0 |
| Other Intangible Assets | $576,000 | $1,009,000 | $1,777,063 | - |
| Current Assets | $215,776,000 | $191,994,000 | $191,825,879 | $222,511,022 |
| Other Current Assets | $4,889,000 | $4,438,000 | $5,845,309 | $4,143,757 |
| Hedging Assets Current | $524,000 | $2,047,000 | $3,384,137 | $4,892,144 |
| Restricted Cash | $572,000 | $3,268,000 | $3,751,257 | $3,239,947 |
| Prepaid Assets | $11,310,000 | $12,865,000 | $9,581,947 | $8,269,483 |
| Inventory | $28,389,000 | $32,848,000 | $16,556,266 | $29,104,436 |
| Receivables | $67,038,000 | $49,723,000 | $53,669,097 | $44,476,649 |
| Other Receivables | $11,184,000 | $7,352,000 | $5,777,596 | $7,721,500 |
| Accounts Receivable | $55,854,000 | $42,371,000 | $47,891,501 | $36,755,149 |
| Allowance For Doubtful Accounts Receivable | $-6,017,000 | $-5,493,000 | $-5,657,837 | $-4,367,848 |
| Gross Accounts Receivable | $61,871,000 | $47,864,000 | $53,549,338 | $41,122,997 |
| Cash Cash Equivalents And Short Term Investments | $103,054,000 | $86,805,000 | $99,037,866 | $128,384,606 |
| Cash And Cash Equivalents | $103,054,000 | $86,805,000 | $99,037,866 | $128,384,606 |
| Cash Equivalents | $27,828,000 | $43,443,000 | $48,762,505 | $79,689,361 |
| Cash Financial | $75,226,000 | $43,362,000 | $50,275,361 | $48,695,245 |
| Debt | ||||
| Net Debt | $11,013,000 | $42,492,000 | $160,169 | - |
| Total Debt | $152,434,000 | $167,842,000 | $264,435,026 | $299,481,283 |
| Long Term Debt And Capital Lease Obligation | $105,552,000 | $123,155,000 | $211,713,176 | $267,333,678 |
| Long Term Debt | $97,157,000 | $112,721,000 | $68,446,309 | $98,819,739 |
| Current Debt And Capital Lease Obligation | $46,882,000 | $44,687,000 | $52,721,850 | $32,147,605 |
| Current Debt | $16,910,000 | $16,576,000 | $30,751,726 | $15,782,530 |
| Other Current Borrowings | $16,910,000 | $16,576,000 | $30,751,726 | $15,782,530 |
| Liabilities | ||||
| Total Liabilities Net Minority Interest | $453,359,000 | $461,793,000 | $334,984,035 | $379,519,940 |
| Total Non Current Liabilities Net Minority Interest | $325,325,000 | $352,685,000 | $229,649,716 | $287,308,068 |
| Other Non Current Liabilities | $219,773,000 | $229,530,000 | $17,936,540 | $19,974,390 |
| Current Liabilities | $128,034,000 | $109,108,000 | $105,334,319 | $92,211,872 |
| Other Current Liabilities | $9,420,000 | $8,885,000 | $4,393,533 | $6,526,725 |
| Current Deferred Liabilities | $24,891,000 | $15,447,000 | $15,629,886 | $20,883,958 |
| Payables And Accrued Expenses | $43,050,000 | $36,429,000 | $32,589,050 | $32,653,584 |
| Payables | $24,161,000 | $27,629,000 | $15,536,715 | $19,943,570 |
| Other Payable | $7,829,000 | $10,420,000 | $8,112,701 | $9,337,941 |
| Dividends Payable | $1,198,000 | $1,211,000 | $1,146,321 | $626,178 |
| Accounts Payable | $14,328,000 | $14,817,000 | $6,277,693 | $9,979,451 |
| Current Notes Payable | - | - | - | $0 |
| Equity | ||||
| Common Stock Equity | $429,334,000 | $427,821,000 | $323,885,993 | $314,226,062 |
| Total Equity Gross Minority Interest | $474,737,000 | $474,664,000 | $370,195,933 | $368,721,530 |
| Stockholders Equity | $429,334,000 | $427,821,000 | $323,885,993 | $314,226,062 |
| Retained Earnings | $172,255,000 | $169,155,000 | $159,026,799 | $151,327,392 |
| Long Term Equity Investment | $2,552,000 | $2,651,000 | $2,893,723 | $4,787,471 |
| Investments In Other Ventures Under Equity Method | $2,552,000 | $2,651,000 | $2,893,723 | $4,787,471 |
| Other | ||||
| Ordinary Shares Number | $64,973,988 | $64,961,433 | $46,466,622 | $45,898,395 |
| Share Issued | $64,973,988 | $64,961,433 | $46,466,622 | $45,898,395 |
| Tangible Book Value | $425,653,000 | $423,707,000 | $319,004,130 | $314,226,062 |
| Invested Capital | $543,401,000 | $557,118,000 | $423,084,028 | $428,828,331 |
| Working Capital | $87,742,000 | $82,886,000 | $86,491,560 | $130,299,150 |
| Capital Lease Obligations | $38,367,000 | $38,545,000 | $165,236,991 | $184,879,014 |
| Total Capitalization | $526,491,000 | $540,542,000 | $392,332,302 | $413,045,801 |
| Minority Interest | $45,403,000 | $46,843,000 | $46,309,940 | $54,495,468 |
| Additional Paid In Capital | $257,072,000 | $258,660,000 | $164,854,546 | $162,894,080 |
| Capital Stock | $7,000 | $6,000 | $4,648 | $4,590 |
| Common Stock | $7,000 | $6,000 | $4,648 | $4,590 |
| Long Term Capital Lease Obligation | $8,395,000 | $10,434,000 | $143,266,867 | $168,513,939 |
| Current Deferred Revenue | $24,891,000 | $15,447,000 | $15,629,886 | $20,883,958 |
| Current Capital Lease Obligation | $29,972,000 | $28,111,000 | $21,970,124 | $16,365,075 |
| Pensionand Other Post Retirement Benefit Plans Current | $3,791,000 | $3,660,000 | - | - |
| Current Accrued Expenses | $18,889,000 | $8,800,000 | $17,052,335 | $12,710,014 |
| Dueto Related Parties Current | $806,000 | $1,181,000 | - | - |
| Investments And Advances | $3,985,000 | $3,752,000 | $3,813,232 | $5,284,127 |
| Other Investments | $1,433,000 | $1,101,000 | $919,509 | $496,656 |
| Goodwill | $3,105,000 | $3,105,000 | $3,104,800 | $0 |
| Net PPE | $704,386,000 | $736,598,000 | $504,658,994 | $520,446,321 |
| Accumulated Depreciation | $-192,665,000 | $-162,650,000 | $-137,554,637 | $-120,984,322 |
| Gross PPE | $897,051,000 | $899,248,000 | $642,213,631 | $641,430,643 |
| Other Properties | $30,271,000 | $21,547,000 | $18,408,282 | $15,409,851 |
| Machinery Furniture Equipment | $8,249,000 | $4,308,000 | $4,147,346 | $2,311,076 |
| Properties | $3,236,000 | $3,003,000 | $2,571,585 | $2,541,085 |
| Preferred Stock | - | $0 | $0 | $0 |
| Construction In Progress | - | - | - | $0 |
Cash Flow Statement (Annual)
| Metric | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 |
|---|---|---|---|---|
| Free Cash Flow | ||||
| Free Cash Flow | $47,239,000 | $-3,741,000 | $26,523,233 | $98,407,466 |
| Operating Activities | ||||
| Operating Cash Flow | $53,726,000 | $65,691,000 | $53,787,277 | $134,801,400 |
| Cash Flow From Continuing Operating Activities | $53,727,000 | $65,692,000 | $53,787,277 | $134,801,400 |
| Operating Gains Losses | $-4,597,000 | $-757,000 | $3,979,388 | $-1,171,433 |
| Investing Activities | ||||
| Capital Expenditure | $-6,487,000 | $-69,432,000 | $-27,264,044 | $-36,393,934 |
| Investing Cash Flow | $11,411,000 | $-67,694,000 | $-15,982,325 | $-28,509,096 |
| Cash Flow From Continuing Investing Activities | $11,411,000 | $-67,694,000 | $-15,982,325 | $-28,509,096 |
| Financing Activities | ||||
| Repurchase Of Capital Stock | $-2,999,000 | $0 | - | - |
| Financing Cash Flow | $-48,619,000 | $-10,230,000 | $-67,151,692 | $-34,116,600 |
| Cash Flow From Continuing Financing Activities | $-48,618,000 | $-10,230,000 | $-67,151,692 | $-34,116,600 |
| Net Other Financing Charges | $-2,536,000 | $-25,417,000 | $-12,900,000 | $-12,516,544 |
| Cash Dividends Paid | $-16,303,000 | $-18,710,000 | $-18,103,750 | $-13,414,984 |
| Common Stock Dividend Paid | $-16,303,000 | $-18,710,000 | $-18,103,750 | $-13,414,984 |
| Net Common Stock Issuance | $-2,999,000 | $0 | - | - |
| Dividends Received Cfi | $4,135,000 | $1,910,000 | $1,637,500 | $0 |
| Other | ||||
| Repayment Of Debt | $-45,486,000 | $-55,253,000 | $-36,020,659 | $-31,277,174 |
| Issuance Of Debt | $18,705,000 | $89,150,000 | $0 | $23,500,000 |
| Interest Paid Supplemental Data | $24,315,000 | $17,983,000 | $18,850,078 | $14,906,972 |
| End Cash Position | $103,324,000 | $86,805,000 | $99,037,866 | $128,384,606 |
| Beginning Cash Position | $86,805,000 | $99,038,000 | $128,384,606 | $56,208,902 |
| Changes In Cash | $16,519,000 | $-12,233,000 | $-29,346,740 | $72,175,704 |
| Common Stock Payments | $-2,999,000 | $0 | - | - |
| Net Issuance Payments Of Debt | $-26,781,000 | $33,897,000 | $-36,020,659 | $-7,777,174 |
| Net Long Term Debt Issuance | $-26,781,000 | $33,897,000 | $-36,020,659 | $-7,777,174 |
| Long Term Debt Payments | $-45,486,000 | $-55,253,000 | $-36,020,659 | $-31,277,174 |
| Long Term Debt Issuance | $18,705,000 | $89,150,000 | $0 | $23,500,000 |
| Net Business Purchase And Sale | $-3,433,000 | $-172,000 | $-7,627,270 | $-515,162 |
| Purchase Of Business | $-3,433,000 | $-172,000 | $-7,627,270 | $-515,162 |
| Net PPE Purchase And Sale | $10,709,000 | $-69,432,000 | $-9,992,555 | $-27,993,934 |
| Sale Of PPE | $17,196,000 | $0 | $17,271,489 | $8,400,000 |
| Purchase Of PPE | $-6,487,000 | $-69,432,000 | $-27,264,044 | $-36,393,934 |
| Change In Working Capital | $6,156,000 | $1,624,000 | $-11,202,956 | $11,996,277 |
| Change In Other Working Capital | $9,444,000 | $-182,000 | $-5,254,072 | $-11,321,354 |
| Change In Payables And Accrued Expense | $7,471,000 | $11,839,000 | $-4,079,047 | $-8,939,313 |
| Change In Payable | $7,471,000 | $11,839,000 | $-4,079,047 | $-8,939,313 |
| Change In Account Payable | $7,471,000 | $11,839,000 | $-4,079,047 | $-8,939,313 |
| Change In Prepaid Assets | $-194,000 | $-2,689,000 | $-342,776 | $19,086,893 |
| Change In Inventory | $4,459,000 | $-11,030,000 | $12,548,170 | $-1,956,676 |
| Change In Receivables | $-15,024,000 | $3,686,000 | $-14,075,231 | $15,126,727 |
| Changes In Account Receivables | $-15,024,000 | $3,686,000 | $-14,075,231 | $15,126,727 |
| Other Non Cash Items | $-16,126,000 | $-1,944,000 | $-2,624,008 | $1,826,118 |
| Stock Based Compensation | $4,111,000 | $2,788,000 | $2,087,807 | $1,767,726 |
| Provisionand Write Offof Assets | $1,540,000 | $1,835,000 | $2,938,879 | $2,377,389 |
| Depreciation Amortization Depletion | $42,475,000 | $30,376,000 | $30,070,395 | $29,489,810 |
| Depreciation And Amortization | $42,475,000 | $30,376,000 | $30,070,395 | $29,489,810 |
| Earnings Losses From Equity Investments | $-2,952,000 | $-1,710,000 | $-684,470 | $-807,142 |
| Gain Loss On Investment Securities | $1,355,000 | $953,000 | $2,925,347 | $-682,323 |
| Gain Loss On Sale Of PPE | $-3,000,000 | $0 | $1,738,511 | $318,032 |
| Net Income From Continuing Operations | $20,167,000 | $31,769,000 | $28,537,772 | $85,507,704 |
| Proceeds From Stock Option Exercised | - | $0 | $-127,283 | $-407,898 |
| Asset Impairment Charge | - | - | $0 | $3,007,809 |
| Net Investment Purchase And Sale | - | - | - | - |
| Purchase Of Investment | - | - | - | - |