Nordic American Tankers Limited (NYSE:NAT - Free Report) - B. Riley decreased their Q3 2025 earnings per share estimates for Nordic American Tankers in a report released on Thursday, August 28th. B. Riley analyst L. Burke now forecasts that the shipping company will post earnings of ($0.01) per share for the quarter, down from their prior forecast of $0.02. 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' Q4 2025 earnings at $0.05 EPS, FY2025 earnings at $0.02 EPS and FY2026 earnings at $0.17 EPS.
Nordic American Tankers (NYSE:NAT - Get Free Report) last released its quarterly earnings data on Thursday, August 28th. The shipping company reported ($0.02) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.03 by ($0.05). The firm had revenue of $40.15 million for the quarter, compared to the consensus estimate of $53.35 million. Nordic American Tankers had a net margin of 7.58% and a return on equity of 2.64%.
NAT has been the topic of a number of other reports. Jefferies Financial Group restated a "hold" rating and set a $3.00 price objective on shares of Nordic American Tankers in a research report on Thursday, August 28th. Wall Street Zen cut Nordic American Tankers from a "hold" rating to a "sell" rating in a research report on Saturday, July 26th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, Nordic American Tankers currently has an average rating of "Hold" and an average price target of $3.00.
Read Our Latest Analysis on Nordic American Tankers
Nordic American Tankers Stock Performance
Shares of NAT traded up $0.09 on Friday, reaching $3.20. 1,044,249 shares of the stock traded hands, compared to its average volume of 2,505,753. The firm has a market cap of $676.54 million, a price-to-earnings ratio of 45.64 and a beta of -0.22. The company has a debt-to-equity ratio of 0.53, a current ratio of 1.54 and a quick ratio of 1.34. Nordic American Tankers has a 12 month low of $2.13 and a 12 month high of $3.83. The stock's 50-day moving average price is $2.82 and its 200-day moving average price is $2.66.
Nordic American Tankers Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Monday, September 29th. Shareholders of record on Friday, September 12th will be given a $0.10 dividend. This represents a $0.40 dividend on an annualized basis and a yield of 12.5%. This is a positive change from Nordic American Tankers's previous quarterly dividend of $0.07. The ex-dividend date is Friday, September 12th. Nordic American Tankers's dividend payout ratio (DPR) is currently 400.00%.
Institutional Trading of Nordic American Tankers
A number of large investors have recently bought and sold shares of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in shares of Nordic American Tankers by 61.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,326,919 shares of the shipping company's stock worth $10,644,000 after purchasing an additional 1,648,496 shares during the last quarter. CenterBook Partners LP lifted its stake in shares of Nordic American Tankers by 88.0% during the first quarter. CenterBook Partners LP now owns 3,135,619 shares of the shipping company's stock valued at $7,714,000 after acquiring an additional 1,467,916 shares during the period. Nuveen LLC acquired a new position in shares of Nordic American Tankers during the first quarter valued at $3,150,000. Bridgeway Capital Management LLC acquired a new position in shares of Nordic American Tankers during the fourth quarter valued at $2,072,000. Finally, American Century Companies Inc. lifted its stake in shares of Nordic American Tankers by 15.2% during the second quarter. American Century Companies Inc. now owns 4,203,395 shares of the shipping company's stock valued at $11,055,000 after acquiring an additional 554,368 shares during the period. 44.29% of the stock is currently 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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