PGA Stock Overview Provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. More details
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Pangaea Logistics Solutions, Ltd. Competitors Price History & Performance
Summary of share price highs, lows and changes for Pangaea Logistics Solutions Historical stock prices Current Share Price US$5.35 52 Week High US$8.80 52 Week Low US$4.50 Beta 0.84 1 Month Change 3.88% 3 Month Change -14.40% 1 Year Change -27.21% 3 Year Change 58.28% 5 Year Change 110.63% Change since IPO 82.16%
Recent News & Updates
New minor risk - Share price stability Jan 02
Investor sentiment improves as stock rises 22% Jan 02
Third quarter dividend of US$0.10 announced Nov 18
New minor risk - Profit margin trend Nov 13
Third quarter 2024 earnings released: EPS: US$0.11 (vs US$0.42 in 3Q 2023) Nov 13
Pangaea Logistics Solutions, Ltd. Declares A Quarterly Cash Dividend, Payable on December 13, 2024 Nov 13 See more updates
New minor risk - Share price stability Jan 02
Investor sentiment improves as stock rises 22% Jan 02
Third quarter dividend of US$0.10 announced Nov 18
New minor risk - Profit margin trend Nov 13
Third quarter 2024 earnings released: EPS: US$0.11 (vs US$0.42 in 3Q 2023) Nov 13
Pangaea Logistics Solutions, Ltd. Declares A Quarterly Cash Dividend, Payable on December 13, 2024 Nov 13
Pangaea Logistics Solutions, Ltd. to Report Q3, 2024 Results on Nov 12, 2024 Nov 06
Pangaea Logistics Solutions, Ltd. (NasdaqCM:PANL) agreed to acquire remaining 50% stake in Nordic Bulk Partners LLC from HS Nordic LLC for $17.2 million. Oct 09
Now 20% undervalued after recent price drop Sep 06
Second quarter dividend of US$0.10 announced Aug 19
Second quarter 2024 earnings released: EPS: US$0.081 (vs US$0.064 in 2Q 2023) Aug 09
Pangaea Logistics Solutions, Ltd. Declares Quarterly Cash Dividend, Payable on September 16, 2024 Aug 09
Pangaea Logistics Solutions, Ltd. to Report Q2, 2024 Results on Aug 08, 2024 Aug 01
Pangaea Logistics Solutions, Ltd., Annual General Meeting, Aug 08, 2024 Jun 26
First quarter dividend of US$0.10 announced May 20
Pangaea Logistics Solutions, Ltd. Declares Quarterly Cash Dividend, Payable on June 13, 2024 May 11
First quarter 2024 earnings released: EPS: US$0.26 (vs US$0.078 in 1Q 2023) May 11
Pangaea Logistics Solutions, Ltd. to Report Q1, 2024 Results on May 09, 2024 May 03
Investor sentiment deteriorates as stock falls 16% Mar 22
Pangaea Logistics Solutions, Ltd. has filed a Follow-on Equity Offering in the amount of $25 million. Mar 16 Pangaea Logistics Solutions, Ltd. has filed a Follow-on Equity Offering in the amount of $25 million. Mar 15
Full year 2023 earnings released: EPS: US$0.59 (vs US$1.79 in FY 2022) Mar 15
Pangaea Logistics Solutions, Ltd. to Report Q4, 2023 Results on Mar 13, 2024 Mar 09
Third quarter dividend of US$0.10 announced Feb 26
Pangaea Logistics Solutions Ltd. Declares Quarterly Cash Dividend, Payable on March 15, 2024 Feb 16
Investor sentiment improves as stock rises 17% Jan 22
Upcoming dividend of US$0.10 per share at 5.7% yield Nov 24
Investor sentiment improves as stock rises 16% Nov 16
New major risk - Revenue and earnings growth Nov 12
Third quarter 2023 earnings released: EPS: US$0.42 (vs US$0.42 in 3Q 2022) Nov 09
Pangaea Logistics Solutions, Ltd. Declares Quarterly Cash Dividend, Payable on December 15, 2023 Nov 09
Pangaea Logistics Solutions, Ltd. to Report Q3, 2023 Results on Nov 08, 2023 Oct 31
Upcoming dividend of US$0.10 per share at 7.0% yield Aug 24
New minor risk - Share price stability Aug 14
Now 28% undervalued after recent price drop Aug 11
Second quarter 2023 earnings released: EPS: US$0.064 (vs US$0.56 in 2Q 2022) Aug 10
Pangaea Logistics Solutions, Ltd. Declares Quarterly Cash Dividend, Payable on September 15, 2023 Aug 10
Pangaea Logistics Solutions, Ltd. to Report Q2, 2023 Results on Aug 09, 2023 Jul 29
Pangaea Logistics Solutions, Ltd., Annual General Meeting, Aug 07, 2023 Jun 24
Pangaea Logistics Solutions, Ltd. acquired Marine port terminal operations in Port Everglades/Ft. Lauderdale and Port of Palm Beach, Florida from Host Terminals, Inc. for $7.2 million. Jun 02
Upcoming dividend of US$0.10 per share at 6.8% yield May 24
First quarter 2023 earnings released: EPS: US$0.078 (vs US$0.45 in 1Q 2022) May 12
Pangaea Logistics Solutions, Ltd. Declares Quarterly Dividend, Payable on June 15, 2023 May 12
Pangaea Logistics Solutions, Ltd. to Report Q1, 2023 Results on May 10, 2023 May 04
Investor sentiment improves as stock rises 16% Apr 17
Now 20% undervalued Apr 04
Full year 2022 earnings released: EPS: US$1.79 (vs US$1.53 in FY 2021) Mar 16
Investor sentiment improves as stock rises 15% Feb 27
Upcoming dividend of US$0.10 per share at 6.5% yield Feb 21
Pangaea Logistics Solutions, Ltd. Announces Quarterly Cash Dividend, Payable on March 15, 2023 Feb 16
Upcoming dividend of US$0.10 per share Nov 23
Insufficient new directors Nov 16
Third quarter 2022 earnings released: EPS: US$0.42 (vs US$0.61 in 3Q 2021) Nov 11
Pangaea Logistics Solutions, Ltd. Declares Quarterly Cash Dividend, Payable on December 15, 2022 Nov 10
Pangaea Logistics Solutions, Ltd. to Report Q3, 2022 Results on Nov 09, 2022 Nov 03
Upcoming dividend of US$0.075 per share Aug 24
Second quarter 2022 earnings released: EPS: US$0.56 (vs US$0.44 in 2Q 2021) Aug 11
Pangaea Logistics Solutions, Ltd. Declares Quarterly Cash Dividend, Payable on September 15, 2022 Aug 10
Pangaea Logistics Solutions, Ltd. to Report Q2, 2022 Results on Aug 09, 2022 Jul 28
Pangaea Logistics Solutions, Ltd., Annual General Meeting, Aug 05, 2022 Jun 23
Upcoming dividend of US$0.075 per share May 24
Investor sentiment improved over the past week May 18
First quarter 2022 earnings released: EPS: US$0.45 (vs US$0.13 in 1Q 2021) May 12 Pangaea Logistics Solutions, Ltd. Reports Impairment of Vessels for the Three Months Ended March 31, 2022
Pangaea Logistics Solutions, Ltd. to Report Q1, 2022 Results on May 10, 2022 May 04
Insufficient new directors Apr 27
Investor sentiment deteriorated over the past week Apr 06
Pangaea Logistics Solutions Appoints Karen H. Beachy to its Board of Directors Mar 30
Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat Mar 19
Pangaea Logistics Solutions, Ltd. Announces Appointment of New COO Mads Boye Petersen Feb 24
Upcoming dividend of US$0.05 per share Feb 22
Pangaea Logistics Solutions Ltd. Announces Quarterly Cash Dividend, Payable on March 15, 2022 Feb 17
Insufficient new directors Dec 05
Upcoming dividend of US$0.035 per share Nov 23
Third quarter 2021 earnings released: EPS US$0.61 (vs US$0.17 in 3Q 2020) Nov 12
Investor sentiment deteriorated over the past week Sep 22
Investor sentiment improved over the past week Sep 07
Upcoming dividend of US$0.035 per share Aug 24
Second quarter 2021 earnings released: EPS US$0.44 (vs US$0.069 in 2Q 2020) Aug 12 Pangaea Logistics Solutions, Ltd.(NasdaqCM:PANL) dropped from Russell 3000E Value Index
Investor sentiment improved over the past week Jun 16
Upcoming dividend of US$0.035 per share May 21
First quarter 2021 earnings released: EPS US$0.13 (vs US$0.16 loss in 1Q 2020) May 13
Pangaea Logistics Solutions Ltd. Declares Quarterly Cash Dividend, Payable on June 15, 2021 May 12
Investor sentiment improved over the past week Apr 28
Full year 2020 earnings released: EPS US$0.26 (vs US$0.27 in FY 2019) Mar 17 Shareholder Returns PGA DE Shipping DE Market 7D 17.8% 3.5% 0.7% 1Y -27.2% -14.6% 8.4%
See full shareholder returns
Return vs Market: PGA underperformed the German Market which returned 8.4% over the past year.
Price Volatility Is PGA's price volatile compared to industry and market? PGA volatility PGA Average Weekly Movement 5.9% Shipping Industry Average Movement 5.3% Market Average Movement 4.9% 10% most volatile stocks in DE Market 12.0% 10% least volatile stocks in DE Market 2.4%
Stable Share Price: PGA has not had significant price volatility in the past 3 months compared to the German market.
Volatility Over Time: PGA's weekly volatility (6%) has been stable over the past year.
About the Company Pangaea Logistics Solutions, Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone. The company’s ocean logistics services comprise cargo loading, cargo discharge, vessel chartering, voyage planning, and technical vessel management.
Show more Pangaea Logistics Solutions, Ltd. Fundamentals Summary How do Pangaea Logistics Solutions's earnings and revenue compare to its market cap? PGA fundamental statistics Market cap €257.57m Earnings (TTM ) €21.04m Revenue (TTM ) €507.53m
Earnings & Revenue Key profitability statistics from the latest earnings report (TTM) PGA income statement (TTM ) Revenue US$521.24m Cost of Revenue US$422.32m Gross Profit US$98.91m Other Expenses US$77.31m Earnings US$21.60m
Dividends
7.1% Current Dividend Yield
Company Analysis and Financial Data Status Data Last Updated (UTC time) Company Analysis 2025/01/03 12:26 End of Day Share Price 2025/01/02 00:00 Earnings 2024/09/30 Annual Earnings 2023/12/31
Data Sources The data used in our company analysis is from S&P Global Market Intelligence LLC . The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
Package Data Timeframe Example US Source * Company Financials 10 years Income statement Cash flow statement Balance sheet Analyst Consensus Estimates +3 years Forecast financials Analyst price targets Market Prices 30 years Stock prices Dividends, Splits and Actions Ownership 10 years Top shareholders Insider trading Management 10 years Leadership team Board of directors Key Developments 10 years
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here .
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Analyst Sources Pangaea Logistics Solutions, Ltd. is covered by 4 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
Analyst Institution Charles Fratt Alliance Global Partners Liam Burke B. Riley Securities, Inc. Øystein Vaagen Fearnley Securities
Show 1 more analysts 
