Industrials sector | Marine Shipping industry
| Price | $6.79 |
|---|---|
| Shares Outstanding | 65.32M |
| All-Time Low | $1.60 |
| 52-Week Low | $3.93 |
| Net Cash / Share | $0 |
|---|---|
| Net Current Assets / Share | $-3.91 |
| Net Tangible Assets / Share | $7.11 |
| Shares Outstanding Ave Change (Annual) | 12.51% |
| Shares Δ YoY | 39.8% |
| Avg CA Burn (Annual %) | 2.42% (as of 2-20-2026) |
| Avg CA Burn (Quarterly %) | 2.41% (as of 2-20-2026) |
| Max Earning Power / Share | $4.27 |
|---|---|
| Adjusted Earning Power |
$1.79
adjustedEarningPower = (Net Income / EP_MULTIPLIER) / Shares Outstanding
|
| Non-Cash Charges to Market Cap |
2.29%
nonCashChargeToMKTCAP = Non-Cash Charges / Market Capitalization
|
| Avg EBITDA (5Y) | 100.7M (as of 2-20-2026) |
| Avg EBITDA (5Q) | 19.9M (as of 2-20-2026) |
| Avg Net Income (5Y) | 50.5M (as of 2-20-2026) |
| Avg Net Income (5Q) | 4.2M (as of 2-20-2026) |
| Dividend indicators | Value | Date |
|---|---|---|
| Current Dividend Streak | Yes | 2-20-2026 |
| Consecutive Years Paid | 5 years | 2-20-2026 |
| Pays Dividend | Yes | 2-20-2026 |
| Dividend Type | common | 2-20-2026 |
| Dividend Payout / Share | $0.05 | 2-20-2026 |
| Last Dividend Date | 12-14-25 | |
| Income indicators | Value | Date |
|---|---|---|
| EBITDA Positive | Yes | 2-20-2026 |
| Net Income Positive | Yes | 2-20-2026 |
| Current Dividend Streak | Yes | 2-20-2026 |
Pick a metric to view its history table and chart.
Formula: Tangible Book Value / shares from balance statements. Includes 5 quarterly + 4 annual.
Chart plots one TBV / Share point per report date (duplicate same-date annual/quarterly rows are merged).
| Report Date | Period | TBV / Share | Tangible Book Value | Shares Used |
|---|---|---|---|---|
| 2025-09-30 | Quarterly | $6.39 | 416.5M ($416,479,333) | 65.2M (65,176,619) |
| 2025-06-30 | Quarterly | $6.28 | 410.5M ($410,468,999) | 65.4M (65,377,137) |
| 2025-03-31 | Quarterly | $6.35 | 416.8M ($416,804,017) | 65.6M (65,621,562) |
| 2024-12-31 | Quarterly | $6.52 | 423.7M ($423,708,150) | 65M (64,961,433) |
| 2024-12-31 | Annual | $6.52 | 423.7M ($423,708,150) | 65M (64,961,433) |
| 2024-09-30 | Quarterly | $7.00 | 328.3M ($328,348,402) | 46.9M (46,902,091) |
| 2023-12-31 | Annual | $6.87 | 319M ($319,004,130) | 46.5M (46,466,622) |
| 2022-12-31 | Annual | $6.85 | 314.2M ($314,226,062) | 45.9M (45,898,395) |
| 2021-12-31 | Annual | $5.42 | 247.2M ($247,202,217) | 45.6M (45,617,840) |
Revenue from income statements. Includes 4 annual.
Chart plots one annual Revenue point per report date.
| Report Date | Revenue |
|---|---|
| 2024-12-31 | 536.5M ($536,536,246) |
| 2023-12-31 | 499.3M ($499,267,834) |
| 2022-12-31 | 699.7M ($699,706,906) |
| 2021-12-31 | 718.1M ($718,104,388) |
Historical cash dividends per share from Yahoo ex-dividend dates.
| Date | Dividend / Share |
|---|---|
| 2025-12-01 | $0.05 |
| 2025-09-02 | $0.05 |
| 2025-06-02 | $0.05 |
| 2025-02-28 | $0.1 |
| 2024-11-29 | $0.1 |
| Date | Dividend / Share |
|---|---|
| 2024-08-30 | $0.1 |
| 2024-05-30 | $0.1 |
| 2024-02-29 | $0.1 |
| 2023-11-30 | $0.1 |
| 2023-08-31 | $0.1 |
| 2023-05-31 | $0.1 |
| 2023-02-28 | $0.1 |
| 2022-11-30 | $0.1 |
| 2022-08-31 | $0.075 |
| 2022-05-31 | $0.075 |
| 2022-02-28 | $0.05 |
| 2021-11-30 | $0.035 |
| 2021-08-31 | $0.035 |
| 2021-05-28 | $0.035 |
| 2021-02-26 | $0.02 |
| 2019-11-20 | $0.035 |
| 2019-08-23 | $0.035 |
| 2019-05-31 | $0.035 |
| Date | Shares Outstanding | Delta |
|---|---|---|
| 2026-03-20 | 65,318,647 | +344,959 |
| 2025-11-12 | 64,973,688 | -202,931 |
| 2025-11-10 | 65,176,619 | -65,292 |
| 2025-09-17 | 65,241,911 | +11 |
| 2025-08-14 | 65,241,900 | -135,200 |
| 2025-08-13 | 65,377,100 | -244,500 |
Latest short-interest change: 722,683 shares (2.05% of float) | Days to cover: 1.07
| Date | Short Interest | Delta | Δ % |
|---|---|---|---|
| 2026-03-12 | 722,683 shares | +70,191 | +10.76% |
| 2026-02-27 | 652,492 shares | -46,925 | -6.71% |
| 2026-02-11 | 699,417 shares | +224,183 | +47.17% |
Volume/ratio use shares outstanding as of the event date (frozen).
| Date | Volume | Shares Outstanding | Volume / Shares | Price |
|---|---|---|---|---|
| No interesting volume events | ||||
Pangaea Logistics Solutions Ltd., together with its subsidiaries, provides seaborne dry bulk logistics and transportation services to industrial customers worldwide. It offers transportation services for various dry bulk cargoes, such as grains, coal, iron ore, pig iron, hot briquetted iron, bauxite, alumina, cement clinker, dolomite, and limestone; and terminal and stevedoring services. The company also provides cargo loading, cargo discharge, port and terminal operations, vessel chartering, voyage planning, and technical vessel management. It owns and operates a fleet of 41 vessels. The company was founded in 1996 and is headquartered in Newport, Rhode Island.