pangaea logistics solutions ltd - PANL

PANL

Close Chg Chg %
7.07 0.08 1.13%

Closed Market

7.15

+0.08 (1.13%)

Volume: 297.30K

Last Updated:

Dec 12, 2025, 4:00 PM EDT

Company Overview: pangaea logistics solutions ltd - PANL

PANL Key Data

Open

$7.13

Day Range

7.08 - 7.29

52 Week Range

3.93 - 7.38

Market Cap

$474.31M

Shares Outstanding

64.97M

Public Float

29.93M

Beta

0.77

Rev. Per Employee

N/A

P/E Ratio

23.90

EPS

$0.30

Yield

424.33%

Dividend

$0.05

EX-DIVIDEND DATE

Dec 1, 2025

SHORT INTEREST

N/A

AVERAGE VOLUME

330.67K

 

PANL Performance

1 Week
 
-0.14%
 
1 Month
 
10.34%
 
3 Months
 
30.00%
 
1 Year
 
33.64%
 
5 Years
 
154.45%
 

PANL Analyst Ratings

  • Sell
  • Under
  • Hold
  • Over
  • Buy
Number of Ratings 2
Full Ratings ➔

About pangaea logistics solutions ltd - PANL

Pangaea Logistics Solutions Ltd. engages in the provision of seaborne dry bulk logistics and transportation services to industrial customers worldwide. The firm services customers that require transportation of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company was founded by Edward Coll, Carl Claus Boggild, and Anthony Laura in 1996 and is headquartered in Newport, RI.

PANL At a Glance

Pangaea Logistics Solutions Ltd.
109 Long Wharf
Newport, Rhode Island 02840
Phone 1-401-846-7790 Revenue 536.54M
Industry Miscellaneous Net Income 28.90M
Sector Miscellaneous 2024 Sales Growth 7.465%
Fiscal Year-end 12 / 2025 Employees 1,070
View SEC Filings

PANL Valuation

P/E Current 23.901
P/E Ratio (with extraordinary items) N/A
P/E Ratio (without extraordinary items) 8.539
Price to Sales Ratio 0.46
Price to Book Ratio 0.814
Price to Cash Flow Ratio 3.65
Enterprise Value to EBITDA 7.665
Enterprise Value to Sales 1.126
Total Debt to Enterprise Value 0.658

PANL Efficiency

Revenue/Employee 501,435.744
Income Per Employee 27,012.507
Receivables Turnover 10.79
Total Asset Turnover 0.654

PANL Liquidity

Current Ratio 1.76
Quick Ratio 1.428
Cash Ratio 0.796

PANL Profitability

Gross Margin 13.62
Operating Margin 9.03
Pretax Margin 6.50
Net Margin 5.387
Return on Assets 3.521
Return on Equity 7.69
Return on Total Capital 3.503
Return on Invested Capital 4.392

PANL Capital Structure

Total Debt to Total Equity 92.883
Total Debt to Total Capital 48.155
Total Debt to Total Assets 42.434
Long-Term Debt to Equity 82.437
Long-Term Debt to Total Capital 42.74
  • Income Statement
  • Balance Sheet
  • Cash Flow Statement

Annual Financials for Pangaea Logistics Solutions Ltd - PANL

Collapse All in section
All values USD millions. 2021 2022 2023 2024 5-year trend
Sales/Revenue
718.10M 699.71M 499.27M 536.54M
Sales Growth
+87.55% -2.56% -28.65% +7.46%
Cost of Goods Sold (COGS) incl D&A
620.27M 570.77M 430.13M 463.46M
COGS excluding D&A
- - - -
-
Depreciation & Amortization Expense
22.97M 29.49M 30.07M 30.38M
Depreciation
22.97M 29.49M 30.07M 30.38M
Amortization of Intangibles
- - - -
-
COGS Growth
+79.92% -7.98% -24.64% +7.75%
Gross Income
97.84M 128.94M 69.14M 73.08M
Gross Income Growth
+156.50% +31.79% -46.38% +5.70%
Gross Profit Margin
+13.62% +18.43% +13.85% +13.62%
2021 2022 2023 2024 5-year trend
SG&A Expense
18.97M 20.10M 22.78M 24.63M
Research & Development
- - - -
-
Other SG&A
18.97M 20.10M 22.78M 24.63M
SGA Growth
+19.17% +5.99% +13.32% +8.10%
Other Operating Expense
- - - -
-
Unusual Expense
(3.89M) 2.33M 2.93M 953.04K
EBIT after Unusual Expense
82.76M 106.51M 43.43M 47.50M
Non Operating Income/Expense
1.13M 489.11K 2.60M 4.45M
Non-Operating Interest Income
- - 3.57M 3.02M
-
Equity in Earnings of Affiliates
- - - -
-
Interest Expense
10.33M 14.77M 17.03M 17.07M
Interest Expense Growth
+31.90% +43.01% +15.25% +0.28%
Gross Interest Expense
10.33M 14.77M 17.03M 17.07M
Interest Capitalized
- - - -
-
Pretax Income
73.56M 92.23M 29.00M 34.87M
Pretax Income Growth
+479.56% +25.38% -68.56% +20.25%
Pretax Margin
+10.24% +13.18% +5.81% +6.50%
Income Tax
- - - -
-
Income Tax - Current - Domestic
- - - -
-
Income Tax - Current - Foreign
- - - -
-
Income Tax - Deferred - Domestic
- - - -
-
Income Tax - Deferred - Foreign
- - - -
-
Income Tax Credits
- - - -
-
Equity in Earnings of Affiliates
- - - -
-
Other After Tax Income (Expense)
- - - -
-
Consolidated Net Income
73.56M 92.23M 29.00M 34.87M
Minority Interest Expense
6.33M 12.73M 2.68M 5.97M
Net Income
67.23M 79.49M 26.32M 28.90M
Net Income Growth
+492.19% +18.24% -66.89% +9.80%
Net Margin Growth
+9.36% +11.36% +5.27% +5.39%
Extraordinaries & Discontinued Operations
- - - -
-
Discontinued Operations
- - - -
-
Net Income After Extraordinaries
67.23M 79.49M 26.32M 28.90M
Preferred Dividends
- - - -
-
Net Income Available to Common
67.23M 79.49M 26.32M 28.90M
EPS (Basic)
1.528 1.7904 0.5879 0.6368
EPS (Basic) Growth
+484.32% +17.17% -67.16% +8.32%
Basic Shares Outstanding
44.00M 44.40M 44.77M 45.39M
EPS (Diluted)
1.499 1.7641 0.5788 0.6277
EPS (Diluted) Growth
+478.54% +17.69% -67.19% +8.45%
Diluted Shares Outstanding
44.85M 45.06M 45.48M 46.05M
EBITDA
101.85M 138.32M 76.43M 78.82M
EBITDA Growth
+159.26% +35.82% -44.75% +3.14%
EBITDA Margin
+14.18% +19.77% +15.31% +14.69%

Snapshot

Average Recommendation BUY Average Target Price 8.75
Number of Ratings 2 Current Quarters Estimate 0.232
FY Report Date 12 / 2025 Current Year's Estimate 0.35
Last Quarter’s Earnings 0.17 Median PE on CY Estimate N/A
Year Ago Earnings 0.65 Next Fiscal Year Estimate 0.758
Median PE on Next FY Estimate N/A

Earnings Per Share

This Quarter Next Quarter This Fiscal Next Fiscal
# of Estimates 2 1 2 2
Mean Estimate 0.23 0.17 0.35 0.76
High Estimates 0.28 0.17 0.40 1.13
Low Estimate 0.18 0.17 0.30 0.39
Coefficient of Variance 31.51 N/A 20.12 68.66

Analysts Recommendations

Current 1 Month Ago 3 Months Ago
BUY 2 3 2
OVERWEIGHT 0 0 0
HOLD 0 0 0
UNDERWEIGHT 0 0 0
SELL 0 0 0
MEAN Buy Buy Buy

Insider Actions for Pangaea Logistics Solutions Ltd - PANL

Date Name Shares Transaction Value
Apr 9, 2025 Strategic Shipping, Inc. 18,379,342 Open market or private purchase of non-derivative security Non-derivative transaction at $4.06 per share 74,620,128.52
Apr 9, 2025 Strategic Shipping, Inc. 18,429,342 Open market or private purchase of non-derivative security Non-derivative transaction at $4.14 per share 76,297,475.88
Apr 9, 2025 Strategic Shipping, Inc. 18,504,342 Open market or private purchase of non-derivative security Non-derivative transaction at $4.16 per share 76,978,062.72
Feb 21, 2025 Karen H. Beachy Director 67,670 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.2 per share 351,884.00
Feb 21, 2025 Daniel Schildt Chief Strategic Officer 7,500 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.3 per share 39,750.00
Feb 20, 2025 Mark Lewis Filanowski Chief Executive Officer; Director 480,679 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2025 Richard T. du Moulin Director 266,118 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.2 per share 1,383,813.60
Feb 20, 2025 Eric Stuart Rosenfeld Director 622,694 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.2 per share 3,238,008.80
Feb 20, 2025 David D. Sgro Director 347,660 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.2 per share 1,807,832.00
Feb 20, 2025 Carl Claus Boggild Director 8,365,270 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.2 per share 43,499,404.00
Feb 20, 2025 Gary Scott Vogel Director 23,077 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.2 per share 120,000.40
Feb 20, 2025 Anthony Laura Director 23,077 Grant, award or other acq pursuant to Rule 16b-3(d) Non-derivative transaction at $5.2 per share 120,000.40
Feb 20, 2025 Mads Rosenberg Boye Petersen Chief Operating Officer 699,588 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00
Feb 20, 2025 Gianni Del Signore Chief Financial Officer 402,447 Grant, award or other acq pursuant to Rule 16b-3(d) 0.00

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