Pangaea Logistics Solutions (PANL) Projected to Post Earnings on Thursday

Pangaea Logistics Solutions (NASDAQ:PANL) is expected to post its Q1 2025 quarterly earnings results before the market opens on Thursday, May 8th. Analysts expect the company to announce earnings of ($0.09) per share and revenue of $130.37 million for the quarter.

Pangaea Logistics Solutions Stock Performance

NASDAQ PANL opened at $4.14 on Tuesday. The firm has a 50-day moving average price of $4.63 and a two-hundred day moving average price of $5.27. Pangaea Logistics Solutions has a 12-month low of $3.93 and a 12-month high of $8.32. The company has a market capitalization of $271.70 million, a P/E ratio of 8.81 and a beta of 0.63. The company has a quick ratio of 1.77, a current ratio of 2.05 and a debt-to-equity ratio of 0.72.

Pangaea Logistics Solutions Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, March 14th. Investors of record on Friday, February 28th were paid a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 9.66%. The ex-dividend date of this dividend was Friday, February 28th. Pangaea Logistics Solutions’s dividend payout ratio (DPR) is currently 64.52%.

Analyst Upgrades and Downgrades

Separately, StockNews.com raised Pangaea Logistics Solutions from a “sell” rating to a “hold” rating in a research note on Tuesday, March 25th.

About Pangaea Logistics Solutions

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.