Nordic American Tankers Limited (NYSE:NAT - Free Report) - Equities research analysts at B. Riley decreased their Q2 2025 earnings per share estimates for Nordic American Tankers in a note issued to investors on Thursday, May 29th. B. Riley analyst L. Burke now forecasts that the shipping company will earn $0.00 per share for the quarter, down from their previous estimate of $0.01. The consensus estimate for Nordic American Tankers' current full-year earnings is $0.24 per share. B. Riley also issued estimates for Nordic American Tankers' Q3 2025 earnings at $0.02 EPS, Q4 2025 earnings at $0.08 EPS, FY2025 earnings at $0.08 EPS and FY2026 earnings at $0.27 EPS.
Nordic American Tankers (NYSE:NAT - Get Free Report) last released its quarterly earnings data on Wednesday, March 5th. The shipping company reported $0.01 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.02). Nordic American Tankers had a net margin of 26.41% and a return on equity of 11.95%. The business had revenue of $46.39 million during the quarter, compared to analyst estimates of $51.38 million.
A number of other research firms have also commented on NAT. Wall Street Zen lowered Nordic American Tankers from a "hold" rating to a "sell" rating in a research note on Friday. Jefferies Financial Group reaffirmed a "hold" rating and set a $3.00 target price on shares of Nordic American Tankers in a report on Thursday.
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Nordic American Tankers Stock Performance
Shares of NAT traded up $0.08 during mid-day trading on Friday, reaching $2.64. The company's stock had a trading volume of 2,439,681 shares, compared to its average volume of 2,524,317. The stock has a market cap of $559.02 million, a P/E ratio of 9.10 and a beta of -0.27. The company has a current ratio of 0.73, a quick ratio of 0.56 and a debt-to-equity ratio of 0.36. Nordic American Tankers has a 1-year low of $2.13 and a 1-year high of $4.23. The business has a 50-day simple moving average of $2.54 and a two-hundred day simple moving average of $2.62.
Nordic American Tankers Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 12th will be issued a dividend of $0.07 per share. The ex-dividend date is Thursday, June 12th. This is an increase from Nordic American Tankers's previous quarterly dividend of $0.06. This represents a $0.28 annualized dividend and a yield of 10.61%. Nordic American Tankers's payout ratio is presently 109.09%.
Institutional Inflows and Outflows
Several hedge funds have recently made changes to their positions in NAT. SG Americas Securities LLC raised its position in shares of Nordic American Tankers by 8.4% in the 4th quarter. SG Americas Securities LLC now owns 75,107 shares of the shipping company's stock worth $188,000 after acquiring an additional 5,811 shares in the last quarter. Realta Investment Advisors bought a new position in shares of Nordic American Tankers in the 4th quarter worth about $67,000. Apollon Wealth Management LLC raised its position in shares of Nordic American Tankers by 22.5% in the 4th quarter. Apollon Wealth Management LLC now owns 150,666 shares of the shipping company's stock worth $377,000 after acquiring an additional 27,675 shares in the last quarter. Empowered Funds LLC bought a new position in shares of Nordic American Tankers in the 4th quarter worth about $509,000. Finally, Rhumbline Advisers raised its position in shares of Nordic American Tankers by 1.1% in the 4th quarter. Rhumbline Advisers now owns 483,457 shares of the shipping company's stock worth $1,209,000 after acquiring an additional 5,439 shares in the last quarter. 44.29% of the stock is owned by institutional investors.
About Nordic American Tankers
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Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 20 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.
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