We are no longer providing equity research coverage on Paragon Shipping PRGN . We provide broad coverage of more than 1,700 companies across 91 industry groups, and adjust our coverage as necessary based on client demand and investor interest.
We are placing Paragon Shipping PRGN under review as we transfer coverage to a new analyst .
Dry-bulk ship owner Paragon PRGN reported second-quarter earnings Aug. 11 that tracked our expectations. With its fleet entirely set on fixed-rate contracts
On Tuesday, Paragon Shipping PRGN reported first-quarter results that generally met our expectations. Although the firm posted lower revenue growth than we had
and the structure is not unlike recent maneuvers by fellow dry-bulk ship owners TBS International TBSI and Paragon Shipping PRGN . Although Excel faces higher interest costs in connection with its updated debt agreements, we're encouraged
Paragon Shipping PRGN reported fourth-quarter results Wednesday that reflected its solid contract coverage. With revenue and profitability relatively
universe (DryShips DRYS, Diana Shipping DSX, Eagle EGLE, Excel EXM, Genco GNK, Navios NM, Navios Partners NMM, Paragon PRGN , and Star Bulk SBLK) under review to re-examine our industrywide pricing assumptions. Although we believe that rates will
its dividend in order to hoard cash. Looking at the rest of our coverage universe, we think Excel Maritime EXM and Paragon PRGN may need to follow its counterparts and amend their debt facilities. Although the firms hadn't yet violated these covenants
Paragon Shipping PRGN reported solid third-quarter results on Wednesday that highlight the continued success of its fixed-rate rental agreements
value estimates of several of the companies we cover (DryShips DRYS, Eagle EGLE, Excel EXM, Genco GNK Navios NM, Paragon PRGN , and TBS TBSI). Our long-term view of these firms remains in tact, but a principal crux of our thesis rested upon the prudent