Added to YB: 2026-01-21
Pitch date: 2026-01-19
PANL [bullish]
Pangaea Logistics Solutions Ltd.
+35.79%
current return
Author Info
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Company Info
Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide.
Market Cap
$551.0M
Pitch Price
$6.65
Price Target
9.00 (-0%)
Dividend
2.36%
EV/EBITDA
11.57
P/E
31.72
EV/Sales
1.49
Sector
Marine Transportation
Category
growth
Pangaea Logistics: The owner of the ice routes
PANL: Ice-class dry bulk shipper w/ 50% Arctic fleet dominance, Q3 TCE $15.56 (+10% vs Baltic indices), revenue $168.7M (+10.2% YoY), EBITDA $28.9M (+20.3% YoY). Added 15 handysize vessels, +51% sailing days. Tampa port expansion 2026. Analyst PT $9 (~30% upside). $0.05 quarterly dividend.
Read full article (2 min)