Pangaea Logistics Solutions (PANL) Financials: Revenue & Earnings
PANL$7.99+0.01 +0.13%
$523.14M
Market Cap
10.71
P/E
6.56
Forward P/E
56
Score
Pangaea Logistics Solutions (PANL) Financials: Revenue & Earnings
PANL price $7.99 +0.01 +0.13%
- Ticker
- PANL
- Price
- $7.99
- Change
- +0.01 +0.13%
- Market cap ?
- $523.14M
- P/E ?
- 10.71
- Forward P/E ?
- 6.56
- Dividend yield ?
- 3.11%
- Beta ?
- 0.81
- Sector
- Industrials
- Industry
- Marine Shipping
- Stocklytics score
- 56
- Value
- 70
- Quality
- 36
- Growth
- 62
Stocklytics score rationale: value 70, quality 36, growth 62.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 238016498 | 385945564 | 372970373 | 412197819 | 382895991 | 718104388 | 699706906 | 499267834 | 536536246 | 632041000 |
Pangaea Logistics Solutions, Ltd., along with its subsidiary companies, offers specialized global seaborne transportation and logistics services for dry bulk commodities to industrial clients. The firm handles a wide variety of dry bulk cargoes, including grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. Its marine logistics offerings encompass cargo…
Fair value
PANL fair value $11.17. Price $7.99. Price is 28% below fair value.
Below fair value, and cheaper than usual. A larger discount than on 82% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Average free cash flow, last three years 23.34M. Growth 17.94%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 8.75% (beta 0.8). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 65.47M. Net debt 269.15M. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the stock's own 10-year median P/E, kept between 8 and 40. Fewer than five years of history uses the sector's typical P/E. Fair value is the average of the cash-flow value and the earnings value when both exist. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-11-05 | — | 0.26 | — | 204.90M |
| 2026-08-10 | 0.26 | 0.24 | 187.10M | 192.76M |
| 2026-05-11 | 0.11 | 0.05 | 170.60M | 165.78M |
| 2026-03-10 | 0.16 | 0.18 | 183.90M | 150.35M |
| 2025-11-06 | 0.17 | 0.03 | 168.67M | 181.75M |
| 2025-08-07 | -0.02 | -0.04 | 156.69M | 159.32M |
| 2025-05-12 | -0.03 | -0.15 | 122.80M | 128.45M |
| 2025-03-13 | 0.16 | -0.06 | 147.17M | 127.27M |
| 2024-11-12 | 0.24 | 0.24 | 153.12M | 142.61M |
| 2024-08-08 | 0.08 | 0.15 | 131.50M | 102.58M |
| 2024-05-09 | 0.14 | 0.09 | 104.75M | 117.47M |
| 2024-03-13 | 0.16 | 0.44 | 131.88M | 114.41M |
| 2023-11-08 | 0.32 | 0.12 | 135.62M | 136.71M |
| 2023-08-09 | 0.10 | 0.13 | 118.08M | 110.01M |
| 2023-05-10 | 0.11 | 0.05 | 113.70M | 119.32M |
| 2023-03-15 | 0.34 | 0.29 | 127.92M | 157.20M |
| 2022-11-10 | 0.52 | 0.51 | 184.48M | 153.09M |
| 2022-08-09 | 0.56 | 0.42 | 195.54M | 175.68M |
| 2022-05-10 | 0.45 | 0.32 | 191.76M | 192.85M |
| 2022-03-16 | 0.56 | 0.42 | 234.56M | 183.14M |
| 2021-11-09 | 0.60 | 0.50 | 213.03M | 153.45M |
| 2021-08-10 | 0.29 | 0.22 | 145.54M | 165.17M |
| 2021-05-11 | 0.09 | 0.07 | 124.97M | 99.42M |
| 2021-03-15 | 0.17 | 0.07 | 112.85M | — |
| 2020-11-11 | 0.19 | 0.22 | 103.77M | — |
| 2020-08-12 | 0.09 | -0.14 | 70.40M | 109.51M |
| 2020-05-13 | -0.09 | -0.02 | 95.88M | 17.98M |
| 2020-03-23 | 0.10 | 0.12 | 130.48M | 118.62M |
| 2019-11-07 | 0.19 | 0.29 | 118.89M | 181.46M |
| 2019-08-12 | 0.09 | 0.17 | 83.29M | 157.33M |
| 2019-05-14 | 0.09 | 0.07 | 79.54M | 61.87M |
| 2019-03-20 | 0.09 | 0.07 | 101.83M | 712.80M |
| 2018-11-08 | 0.19 | 0.20 | 95.34M | 100.36M |
| 2018-08-07 | 0.13 | 0.10 | 96.82M | 74.46M |
| 2018-05-10 | 0.10 | 0.05 | 78.97M | 39.50M |
| 2018-03-21 | 0.09 | 0.10 | 102.19M | 114.44M |
| 2017-11-09 | 0.17 | 0.08 | 107.02M | 74.50M |
| 2017-08-14 | 0.01 | — | 91.42M | — |
| 2017-05-10 | 0.16 | — | 84.46M | — |
| 2017-03-22 | 0.00 | — | 66.33M | — |
Dividends
Yield 3.13%. Payout ratio 28.32%. Frequency Quarterly.
Safety score 78/100 · Safe. Payout ratio is 28% of earnings. Dividends use most of free cash flow. Dividends were paid in 7 separate years. Yield is 3.1%, in a range that is usually sustainable.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-01 | $0.10 | 2026-09-01 | 2026-09-15 | Quarterly |
| 2026-06-01 | $0.05 | 2026-06-01 | 2026-06-15 | Quarterly |
| 2026-02-27 | $0.05 | 2026-02-27 | 2026-03-13 | Quarterly |
| 2025-12-01 | $0.05 | 2025-12-01 | 2025-12-15 | Quarterly |
| 2025-09-02 | $0.05 | 2025-09-02 | 2025-09-15 | Quarterly |
| 2025-06-02 | $0.05 | 2025-06-02 | 2025-06-16 | Quarterly |
| 2025-02-28 | $0.10 | 2025-02-28 | 2025-03-14 | Quarterly |
| 2024-11-29 | $0.10 | 2024-11-29 | 2024-12-13 | Quarterly |
| 2024-08-30 | $0.10 | 2024-09-02 | 2024-09-16 | Quarterly |
| 2024-05-30 | $0.10 | 2024-05-30 | 2024-06-13 | Quarterly |
| 2024-02-29 | $0.10 | 2024-03-01 | 2024-03-15 | Quarterly |
| 2023-11-30 | $0.10 | 2023-12-01 | 2023-12-15 | Quarterly |
| 2023-08-31 | $0.10 | 2023-09-01 | 2023-09-15 | Quarterly |
| 2023-05-31 | $0.10 | 2023-06-01 | 2023-06-15 | Quarterly |
| 2023-02-28 | $0.10 | 2023-03-01 | 2023-03-15 | Quarterly |
| 2022-11-30 | $0.10 | 2022-12-01 | 2022-12-15 | Quarterly |
| 2022-08-31 | $0.07 | 2022-09-01 | 2022-09-15 | Quarterly |
| 2022-05-31 | $0.07 | 2022-06-01 | 2022-06-15 | Quarterly |
| 2022-02-28 | $0.05 | 2022-03-01 | 2022-03-15 | Quarterly |
| 2021-11-30 | $0.04 | 2021-12-01 | 2021-12-15 | Quarterly |
| 2021-08-31 | $0.04 | 2021-09-01 | 2021-09-15 | Quarterly |
| 2021-05-28 | $0.04 | 2021-06-01 | 2021-06-15 | Quarterly |
| 2021-02-26 | $0.02 | 2021-03-01 | 2021-03-15 | Quarterly |
| 2019-11-20 | $0.04 | 2019-11-21 | 2019-12-03 | Quarterly |
| 2019-08-23 | $0.04 | 2019-08-26 | 2019-09-03 | Quarterly |
| 2019-05-31 | $0.04 | 2019-06-03 | 2019-06-11 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-05-26 | ROSENFELD ERIC | Sell | 100.00K | $8.37 | 837.00K |
| 2026-03-25 | Petersen Mads Rosenber Boye | Buy | 23.71K | — | — |
| 2026-03-25 | Petersen Mads Rosenber Boye | Buy | 23.71K | — | — |
| 2026-03-25 | DelSignore Gianni | Buy | 12.79K | — | — |
| 2026-03-25 | DelSignore Gianni | Buy | 12.79K | — | — |
| 2026-03-25 | Schildt Daniel | Buy | 10.28K | — | — |
| 2026-03-25 | Schildt Daniel | Buy | 10.28K | — | — |
| 2026-03-19 | DelSignore Gianni | Sell | 23.78K | $6.99 | 166.22K |
| 2026-03-18 | Petersen Mads Rosenber Boye | Sell | 19.57K | $7.06 | 138.24K |
| 2026-02-25 | Laura Anthony | Buy | 7.07K | — | — |
| 2026-02-25 | Laura Anthony | Buy | 7.07K | — | — |
| 2026-02-25 | Laura Anthony | Sell | 14.14K | $8.48 | 119.91K |
| 2026-02-20 | DU MOULIN RICHARD T | Buy | 14.15K | $8.48 | 120.00K |
| 2026-02-18 | ROSENFELD ERIC | Buy | 14.15K | $8.48 | 120.00K |
| 2026-02-18 | Leand Paul M. Jr. | Buy | 14.15K | $8.48 | 120.00K |
| 2026-02-18 | DAVIS EUGENE I | Buy | 14.15K | $8.48 | 120.00K |
| 2026-02-18 | Vogel Gary | Buy | 14.15K | $8.48 | 120.00K |
| 2026-02-18 | Beachy Karen H | Buy | 14.15K | $8.48 | 120.00K |
| 2026-02-18 | Laura Anthony | Buy | 14.15K | $8.48 | 120.00K |
| 2026-02-18 | Boggild Carl Claus | Buy | 14.15K | $8.48 | 120.00K |
| 2026-02-18 | Sgro David | Buy | 14.15K | $8.48 | 120.00K |
| 2026-01-05 | FILANOWSKI MARK L | Other | 0 | — | — |
| 2025-12-18 | DAVIS EUGENE I | Other | 0 | — | — |
| 2025-11-26 | Leand Paul M. Jr. | Other | 0 | — | — |
| 2025-06-16 | Strategic Shipping Inc. | Buy | 39.52K | $4.63 | 183.00K |
| 2025-06-16 | Tan Christina | Other | 0 | — | — |
| 2025-06-05 | Strategic Shipping Inc. | Buy | 5.92K | $4.49 | 26.57K |
| 2025-06-03 | Strategic Shipping Inc. | Buy | 25.50K | $4.48 | 114.24K |
| 2025-06-03 | Tan Christina | Other | 0 | — | — |
| 2025-06-02 | Strategic Shipping Inc. | Buy | 50.00K | $4.44 | 222.00K |
| 2025-05-30 | Strategic Shipping Inc. | Buy | 19.20K | $4.49 | 86.23K |
| 2025-05-29 | Strategic Shipping Inc. | Buy | 3.62K | $4.49 | 16.25K |
| 2025-05-22 | Beachy Karen H | Sell | 11.00K | $4.54 | 49.94K |
| 2025-05-21 | FILANOWSKI MARK L | Buy | 20.00K | $4.75 | 94.90K |
| 2025-05-20 | Strategic Shipping Inc. | Buy | 23.55K | $4.43 | 104.31K |
| 2025-05-19 | Strategic Shipping Inc. | Buy | 17.38K | $4.36 | 75.79K |
| 2025-05-16 | Strategic Shipping Inc. | Buy | 16.97K | $4.35 | 73.80K |
| 2025-05-15 | Strategic Shipping Inc. | Buy | 75.00K | $4.29 | 321.75K |
| 2025-04-11 | Strategic Shipping Inc. | Buy | 6.50K | $4.24 | 27.58K |
| 2025-04-10 | Strategic Shipping Inc. | Buy | 75.00K | $4.24 | 318.00K |
| 2025-04-09 | Strategic Shipping Inc. | Buy | 7.81K | $4.10 | 32.01K |
| 2025-04-08 | Strategic Shipping Inc. | Buy | 75.00K | $4.16 | 312.00K |
| 2025-04-07 | Strategic Shipping Inc. | Buy | 50.00K | $4.14 | 207.00K |
| 2025-04-04 | Tan Christina | Other | 0 | — | — |
| 2025-04-04 | Strategic Shipping Inc. | Buy | 20.00K | $4.06 | 81.20K |
| 2025-02-28 | Laura Anthony | Buy | 11.54K | — | — |
| 2025-02-28 | Laura Anthony | Buy | 11.54K | — | — |
| 2025-02-28 | Laura Anthony | Sell | 23.09K | $5.20 | 120.06K |
| 2025-02-19 | Beachy Karen H | Buy | 23.08K | $5.20 | 120.00K |
| 2025-02-19 | Laura Anthony | Buy | 23.08K | $5.20 | 120.00K |
| 2025-02-19 | ROSENFELD ERIC | Buy | 23.08K | $5.20 | 120.00K |
| 2025-02-19 | DU MOULIN RICHARD T | Buy | 23.08K | $5.20 | 120.00K |
| 2025-02-19 | Sgro David | Buy | 23.08K | $5.20 | 120.00K |
| 2025-02-19 | Boggild Carl Claus | Buy | 23.08K | $5.20 | 120.00K |
| 2025-02-19 | Vogel Gary | Buy | 23.08K | $5.20 | 120.00K |
| 2025-02-19 | Tan Christina | Buy | 23.08K | $5.20 | 120.00K |
| 2025-02-18 | Schildt Daniel | Buy | 7.50K | $5.30 | 39.75K |
| 2025-02-18 | Petersen Mads Rosenber Boye | Buy | 49.04K | — | — |
| 2025-02-18 | FILANOWSKI MARK L | Buy | 84.61K | — | — |
| 2025-02-18 | DelSignore Gianni | Buy | 40.38K | — | — |
| 2025-01-20 | Schildt Daniel | Other | 0 | — | — |
| 2025-01-20 | Vogel Gary | Other | 0 | — | — |
| 2025-01-20 | Tan Christina | Other | 0 | — | — |
| 2025-01-20 | Tan Christina | Other | 0 | — | — |
| 2024-12-30 | Strategic Shipping Inc. | Other | 0 | — | — |
| 2024-11-21 | FILANOWSKI MARK L | Sell | 6.00K | — | — |
| 2024-11-21 | FILANOWSKI MARK L | Buy | 3.00K | — | — |
| 2024-11-21 | FILANOWSKI MARK L | Buy | 3.00K | — | — |
| 2024-03-19 | FILANOWSKI MARK L | Buy | 57.39K | — | — |
| 2024-03-19 | DelSignore Gianni | Buy | 28.69K | — | — |
| 2024-03-19 | Petersen Mads Rosenber Boye | Buy | 32.28K | — | — |
| 2024-02-16 | ROSENFELD ERIC | Buy | 14.10K | $8.51 | 120.00K |
| 2024-02-16 | Beachy Karen H | Buy | 14.10K | $8.51 | 120.00K |
| 2024-02-16 | Sgro David | Buy | 14.10K | $8.51 | 120.00K |
| 2024-02-16 | Laura Anthony | Buy | 14.10K | $8.51 | 120.00K |
| 2024-02-16 | Boggild Carl Claus | Buy | 14.10K | $8.51 | 120.00K |
| 2024-02-16 | DU MOULIN RICHARD T | Buy | 14.10K | $8.51 | 120.00K |
| 2023-12-12 | ROSENFELD ERIC | Sell | 15.78K | $7.35 | 116.01K |
| 2023-12-12 | Sgro David | Sell | 11.85K | $7.35 | 87.08K |
| 2023-11-29 | Sgro David | Sell | 1.31K | $7.26 | 9.52K |
| 2023-11-29 | ROSENFELD ERIC | Sell | 1.75K | $7.26 | 12.70K |
| 2023-11-29 | ROSENFELD ERIC | Sell | 1.75K | $7.26 | 12.70K |
| 2023-11-29 | Sgro David | Sell | 1.31K | $7.26 | 9.52K |
| 2023-11-28 | FILANOWSKI MARK L | Buy | 2.25K | — | — |
| 2023-11-27 | Sgro David | Sell | 5.98K | $7.30 | 43.67K |
| 2023-11-27 | ROSENFELD ERIC | Sell | 7.99K | $7.30 | 58.30K |
| 2023-11-27 | ROSENFELD ERIC | Sell | 7.98K | $7.30 | 58.27K |
| 2023-11-27 | Sgro David | Sell | 5.99K | $7.30 | 43.70K |
| 2023-11-27 | FILANOWSKI MARK L | Sell | 4.50K | — | — |
| 2023-11-27 | FILANOWSKI MARK L | Buy | 2.25K | — | — |
| 2023-11-24 | Sgro David | Sell | 10.71K | $7.09 | 75.96K |
| 2023-11-24 | ROSENFELD ERIC | Sell | 14.29K | $7.09 | 101.29K |
| 2023-11-22 | Sgro David | Sell | 10.71K | $7.03 | 75.32K |
| 2023-11-22 | ROSENFELD ERIC | Sell | 14.29K | $7.03 | 100.43K |
| 2023-11-21 | Sgro David | Sell | 10.71K | $7.02 | 75.21K |
| 2023-11-21 | ROSENFELD ERIC | Sell | 14.29K | $7.02 | 100.29K |
| 2023-06-29 | Sgro David | Sell | 10.26K | $6.75 | 69.23K |
| 2023-06-29 | Sgro David | Sell | 10.24K | $6.75 | 69.05K |
| 2023-06-29 | ROSENFELD ERIC | Sell | 54.74K | $6.75 | 369.23K |
| 2023-06-28 | Sgro David | Sell | 1.40K | $6.60 | 9.24K |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 162, holders +15 vs prior quarter. Ownership 43.67%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| DIMENSIONAL FUND ADVISORS LP | 3.16M | 275.12K | +9.54% | 20.54M |
| BLACKROCK, INC. | 2.84M | 597.24K | +26.62% | 18.47M |
| ROCKLAND TRUST CO | 1.28M | -3.48M | -73.09% | 8.34M |
| HILLSDALE INVESTMENT MANAGEMENT INC. | 1.19M | 1.19M | New | 7.70M |
| TWO SIGMA INVESTMENTS, LP | 983.94K | 347.06K | +54.49% | 6.40M |
| GEODE CAPITAL MANAGEMENT, LLC | 948.26K | 160.44K | +20.37% | 6.17M |
| ACADIAN ASSET MANAGEMENT LLC | 913.76K | 138.15K | +17.81% | 5.93M |
| CABLE CAR CAPITAL, LP | 870.00K | 0 | 0.00% | 5.66M |
| QUBE RESEARCH & TECHNOLOGIES LTD | 858.82K | 487.96K | +131.58% | 5.58M |
| BRIDGEWAY CAPITAL MANAGEMENT, LLC | 741.14K | 31.69K | +4.47% | 4.82M |
| NUVEEN, LLC | 728.53K | 352.24K | +93.61% | 4.74M |
| RENAISSANCE TECHNOLOGIES LLC | 714.39K | -31.71K | -4.25% | 4.64M |
| ALGERT GLOBAL LLC | 688.55K | 487.32K | +242.16% | 4.48M |
| STATE STREET CORP | 670.58K | 58.25K | +9.51% | 4.36M |
| MILLENNIUM MANAGEMENT LLC | 655.36K | -178.69K | -21.42% | 4.26M |
| CITADEL ADVISORS LLC | 492.97K | 17.10K | +3.59% | 3.20M |
| EMPOWERED FUNDS, LLC | 444.84K | 31.69K | +7.67% | 2.89M |
| AQR CAPITAL MANAGEMENT LLC | 411.24K | 278.04K | +208.76% | 2.67M |
| POINT72 ASSET MANAGEMENT, L.P. | 407.36K | -143.56K | -26.06% | 2.65M |
| JPMORGAN CHASE & CO | 388.94K | 15.20K | +4.07% | 2.64M |
| VANGUARD CAPITAL MANAGEMENT LLC | 389.32K | 19.38K | +5.24% | 2.53M |
| LOS ANGELES CAPITAL MANAGEMENT LLC | 326.74K | 158.34K | +94.02% | 2.12M |
| MAN GROUP PLC | 313.56K | 60.93K | +24.12% | 2.04M |
| VICTORY CAPITAL MANAGEMENT INC | 301.71K | 70.33K | +30.40% | 1.96M |
| SQUAREPOINT OPS LLC | 300.40K | -23.90K | -7.37% | 1.95M |
Earnings and financials
Pangaea Logistics Solutions, Ltd. (PANL) trades at $7.99, with a market cap of $523.14M and a trailing P/E of 10.71. Revenue below is the annual history on file. It describes what the business has already reported. It is not a forecast and it is not a recommendation.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 238016498 | 385945564 | 372970373 | 412197819 | 382895991 | 718104388 | 699706906 | 499267834 | 536536246 | 632041000 |
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