PANL
IndustrialsPangaea Logistics Solutions, Ltd. · Marine Shipping · $520M
What is Pangaea Logistics Solutions, Ltd.?
Pangaea Logistics Solutions is a small-cap seaborne dry bulk shipping company serving industrial customers across global trade routes. Founded in 1996 and headquartered in Newport, Rhode Island, the company operates an owned and chartered fleet of dry bulk vessels.
Pangaea generates revenue by transporting dry bulk commodities — including grains, coal, iron ore, bauxite, and cement clinker — for industrial clients worldwide. The company provides end-to-end ocean logistics services, covering cargo loading and discharge, vessel chartering, voyage planning, and technical vessel management. Revenue is tied to freight rates and fleet utilization, making the business sensitive to global commodity demand cycles and shipping market conditions.
Pangaea Logistics Solutions was founded in 1996 and is headquartered in Newport, Rhode Island.
- Seaborne dry bulk cargo transportation
- Vessel chartering and voyage planning
- Cargo loading and discharge management
- Technical vessel management services
- Specialty cargo handling for industrial clients
Is PANL a Good Stock to Buy?
UQS Score rates PANL as Below Average overall.
Among the five pillars, Valuation stands out as Attractive, suggesting the stock may be priced modestly relative to its fundamentals. Growth and Risk both register as Neutral, indicating neither a meaningful expansion tailwind nor an outsized threat profile at this time.
Both the Quality and Moat pillars score Weak, reflecting limited competitive differentiation and below-average business quality metrics typical of commodity-driven shipping operators.
See the exact pillar breakdown and full financial metrics by signing up for a UQS Pro account. Sign up free →
Past performance does not guarantee future results. UQS Score is based on fundamental data and is not a buy/sell recommendation.
Does PANL pay dividends?
Yes — Pangaea Logistics Solutions, Ltd. pays a dividend.
Pangaea Logistics Solutions pays a regular dividend, which is relatively uncommon among small-cap shipping companies. The dividend reflects management's willingness to return capital to shareholders even within a cyclical industry. Investors should note that shipping sector dividends can fluctuate with freight rate cycles and fleet earnings, so reviewing the company's investor relations page for current payout details is advisable.
When does PANL report earnings?
Pangaea Logistics Solutions reports earnings on a quarterly cadence, consistent with US-listed equities.
Results tend to reflect prevailing dry bulk freight market conditions, fleet utilization rates, and voyage costs. As a commodity-linked business, quarterly swings can be meaningful depending on global trade volumes and fuel costs.
For the most recent quarter's results and guidance, visit Pangaea Logistics Solutions' investor relations page directly.
PANL Price History
+130.0% over 5Y
Monthly close, adjusted for stock splits and dividend reinvestment.
What if I invested in Pangaea Logistics Solutions, Ltd.?
Based on Pangaea Logistics Solutions, Ltd.'s historical closing prices, adjusted for stock splits and dividend reinvestment. Past performance does not guarantee future results. This is for informational purposes only and is not financial advice.
PANL Long-term Outlook
With Growth and Risk both rated Neutral, Pangaea's near-term fundamental trajectory appears stable rather than expansionary. The dry bulk shipping sector remains tied to global industrial activity and commodity trade flows, which introduces cyclical variability. The Attractive Valuation label suggests limited downside from current pricing, though the Weak Quality and Moat ratings temper long-term compounding potential.
Growth drivers
- Global demand for dry bulk commodities such as iron ore and grain
- Fleet expansion or chartering activity during favorable freight cycles
- Industrial customer demand across emerging market trade routes
Key risks
- Freight rate volatility driven by global shipping supply-demand imbalances
- Weak moat leaves the business exposed to price competition from larger fleets
- Fuel cost and regulatory pressures on vessel operating economics
PANL vs Peers
Pangaea Logistics operates in a fragmented dry bulk shipping market alongside several other small-cap carriers.
Euroseas focuses on container and dry bulk shipping with a European operating base, giving it a different cargo mix than Pangaea's industrial bulk specialization.
Costamare Bulkers is backed by a larger shipping group, potentially offering greater fleet scale and capital access compared to Pangaea.
Ardmore focuses on product and chemical tankers rather than dry bulk, making it a distinct business model within the broader shipping sector.
Frequently Asked Questions
What does Pangaea Logistics Solutions do?
Pangaea Logistics Solutions provides seaborne dry bulk transportation and logistics services to industrial customers worldwide. The company ships commodities such as grains, coal, iron ore, bauxite, and cement clinker using an owned and chartered fleet of vessels, alongside services like voyage planning and technical vessel management.
Does PANL pay dividends?
Yes, Pangaea Logistics Solutions pays a regular dividend. This is notable for a small-cap shipping company operating in a cyclical industry. Dividend levels can vary with freight market conditions, so checking the company's investor relations page for the current payout is recommended.
When does PANL report earnings?
Pangaea Logistics Solutions reports earnings quarterly, in line with standard US-listed company practice. For the exact schedule and most recent results, visit the company's investor relations page.
Is PANL a good stock to buy?
UQS Score rates PANL as Below Average overall. The Valuation pillar is Attractive, and Growth and Risk are Neutral, but both Quality and Moat are rated Weak. Whether that profile suits your investment approach depends on your risk tolerance and time horizon. The full pillar breakdown is available to UQS Pro members.
Is PANL overvalued?
Based on the UQS Valuation pillar, PANL is rated Attractive, suggesting the stock is not considered overvalued relative to its fundamentals at current levels. However, valuation alone does not determine investment quality — the Weak Quality and Moat ratings are important context.
How does PANL compare to its competitors?
Pangaea competes with other small-cap shipping operators including Euroseas, Costamare Bulkers, and Ardmore Shipping. Each carrier differs in fleet composition, cargo focus, and geographic reach. Pangaea's industrial dry bulk specialization and regular dividend distinguish it within this peer group.
What is PANL's market cap bracket?
Pangaea Logistics Solutions is classified as a small-cap company. This places it among smaller publicly traded shipping operators, which typically carry higher liquidity risk and greater sensitivity to sector cycles than large-cap peers.
Who founded Pangaea Logistics Solutions?
Pangaea Logistics Solutions was founded in 1996. For detailed founding history and leadership background, the company's official website and SEC filings are the most reliable sources.
Is PANL a long-term quality stock?
As a long-term quality indicator, UQS rates PANL as Below Average, with Weak scores on both Quality and Moat pillars. These ratings suggest limited durable competitive advantage, which is a key consideration for long-term holding decisions. Pro members can access the complete analysis.
What is the main competitive advantage of Pangaea Logistics?
Pangaea's focus on specialty dry bulk cargoes and end-to-end logistics services — including technical vessel management — provides some operational differentiation. However, the UQS Moat pillar rates this advantage as Weak, reflecting the commoditized nature of bulk shipping competition.
What sector does PANL belong to?
Pangaea Logistics Solutions belongs to the Industrials sector, specifically within marine transportation and dry bulk shipping. The sector is cyclical, with performance closely tied to global trade volumes, commodity demand, and freight rate environments.
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Pro Analysis
PANL — Score History
| Date | UQS | Quality | Moat | Growth | Risk | Value | Change |
|---|---|---|---|---|---|---|---|
| May 13, 2026 | 51.4 | 42.1 | 10.0 | 62.1 | 73.0 | 99.7 | +7.1 |
| Apr 26, 2026 | 44.3 | 35.5 | 10.0 | 58.4 | 41.7 | 100.0 | 0.0 |
| Apr 19, 2026 | 44.3 | 35.5 | 10.0 | 58.4 | 41.7 | 99.8 | 0.0 |
| Apr 2, 2026 | 44.3 | 35.5 | 10.0 | 58.4 | 41.7 | 100.0 | — |
PANL — Pillar Breakdown
Quality
— 42.0/100 (25%)Pangaea Logistics Solutions, Ltd. has average quality metrics, with room for improvement in margins or capital efficiency.
How effectively capital is deployed to generate returns.
Profitability relative to shareholders' equity.
Ability to convert revenue into operating profit.
Bottom-line profit as a share of revenue.
Asset productivity — how much gross profit each dollar of assets generates.
Free cash flow relative to market value.
Growth
— 63.3/100 (20%)Pangaea Logistics Solutions, Ltd. demonstrates healthy growth trends across revenue and earnings.
Revenue trajectory over the last twelve months.
Compound annual revenue growth rate over 3 years.
Year-over-year earnings per share growth.
Analyst consensus for future revenue growth.
Analyst consensus for future earnings growth.
Risk
— 38.6/100 (15%)Pangaea Logistics Solutions, Ltd. has some risk factors including moderate leverage or solvency concerns.
Debt levels relative to earnings capacity.
Total debt relative to shareholder equity.
Short-term liquidity — ability to pay near-term obligations.
Earnings capacity relative to interest payments.
Valuation
— 97.7/100 (15%)Pangaea Logistics Solutions, Ltd. appears attractively valued relative to its earnings, cash flows, and sector peers.
Inverse of forward P/E — higher yield means cheaper stock.
How many years of FCF the market cap represents.
P/E relative to earnings growth — lower is more attractive.
Enterprise value multiple relative to sector median.
Moat
— 10/100 (25%)Pangaea Logistics Solutions, Ltd. operates in a highly competitive environment with limited sustainable advantages. The Moat pillar evaluates competitive advantages across five dimensions: Switching Costs, Network Effects, Cost Advantage, Intangible Assets, and Scale & Ecosystem. Sign in to customize moat ratings for PANL.
Score Composition
Financial Data
More Stock Analysis
How is the PANL UQS Score Calculated?
The UQS (Unified Quality Score) for Pangaea Logistics Solutions, Ltd. is calculated using a proprietary 6-pillar framework with 29 financial metrics. Each pillar evaluates a different dimension on a 0–100 scale, then combines into a single weighted score. Scoring thresholds are calibrated per sector. Momentum is an optional Pro toggle — without it, you get the 5-pillar / 25-metric core shown below.
Quality (25%) measures profitability and capital efficiency — ROIC, ROE, margins, GP/Assets, and FCF Yield.
Moat (25%) assesses Pangaea Logistics Solutions, Ltd.'s competitive advantages across switching costs, network effects, cost advantages, intangible assets, and ecosystem scale.
Growth (20%) tracks revenue trajectory and earnings momentum, combining historical results with analyst forward estimates.
Risk (15%) is inversely scored — lower leverage and strong balance sheet health result in higher scores.
Valuation (15%) measures whether Pangaea Logistics Solutions, Ltd. is fairly priced using earnings yield, price-to-FCF, PEG ratio, and EV/EBITDA relative to sector peers.
Six investor-inspired presets are available, each with different pillar weights: Balanced, Buffett, Munger, Lynch, Cathie Wood, and Graham. The public score shown here uses the Balanced preset. Learn more in our FAQ.