B. Riley Issues Positive Estimate for NAT Earnings

Key Points

• B. Riley has raised their Q3 2025 EPS estimate for Nordic American Tankers to $0.00, improving from a prior estimate of ($0.01).
• The company reported a recent quarterly loss of ($0.02) EPS, missing analyst expectations by ($0.05) in earnings results issued on August 28th.
• Nordic American Tankers recently increased its quarterly dividend to $0.10 from $0.07, representing an annualized yield of 11.5%.

Nordic American Tankers Limited (NYSE:NAT - Free Report) - Stock analysts at B. Riley boosted their Q3 2025 EPS estimates for shares of Nordic American Tankers in a research note issued on Thursday, October 16th. B. Riley analyst L. Burke now forecasts that the shipping company will post earnings per share of $0.00 for the quarter, up from their prior 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' FY2025 earnings at $0.03 EPS.

Nordic American Tankers (NYSE:NAT - Get Free Report) last issued its earnings results on Thursday, August 28th. The shipping company reported ($0.02) EPS for the quarter, missing analysts' consensus estimates of $0.03 by ($0.05). Nordic American Tankers had a return on equity of 2.67% and a net margin of 7.58%.The firm had revenue of $40.15 million for the quarter, compared to analysts' expectations of $53.35 million.

Several other brokerages have also issued reports on NAT. Weiss Ratings reaffirmed a "hold (c)" rating on shares of Nordic American Tankers in a report on Wednesday, October 8th. Wall Street Zen downgraded Nordic American Tankers from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Finally, Jefferies Financial Group reiterated a "hold" rating and set a $3.00 price target on shares of Nordic American Tankers in a research report on Thursday, August 28th. Two analysts have rated the stock with a Hold rating, According to MarketBeat.com, Nordic American Tankers has an average rating of "Hold" and a consensus price target of $3.00.

Nordic American Tankers Price Performance

NAT stock opened at $3.49 on Monday. Nordic American Tankers has a 1 year low of $2.13 and a 1 year high of $3.60. The business's 50-day moving average is $3.16 and its two-hundred day moving average is $2.83. The firm has a market capitalization of $739.01 million, a P/E ratio of 49.86 and a beta of -0.31. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.33 and a quick ratio of 2.04.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in Nordic American Tankers by 61.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,326,919 shares of the shipping company's stock worth $10,644,000 after buying an additional 1,648,496 shares during the last quarter. CenterBook Partners LP grew its stake in shares of Nordic American Tankers by 88.0% in the 1st quarter. CenterBook Partners LP now owns 3,135,619 shares of the shipping company's stock worth $7,714,000 after purchasing an additional 1,467,916 shares during the last quarter. Nuveen LLC bought a new stake in shares of Nordic American Tankers in the 1st quarter worth approximately $3,150,000. American Century Companies Inc. boosted its holdings in 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 worth $11,055,000 after buying an additional 554,368 shares in the last quarter. Finally, Norges Bank acquired a new position in Nordic American Tankers in the second quarter worth approximately $1,264,000. Institutional investors own 44.29% of the company's stock.

Nordic American Tankers Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, September 29th. Investors of record on Friday, September 12th were issued a $0.10 dividend. This is an increase from Nordic American Tankers's previous quarterly dividend of $0.07. This represents a $0.40 dividend on an annualized basis and a yield of 11.5%. The ex-dividend date of this dividend was Friday, September 12th. Nordic American Tankers's dividend payout ratio (DPR) is currently 571.43%.

Nordic American Tankers Company Profile

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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