Nordic American Tankers (NAT) Projected to Post Earnings on Thursday

Key Points

• Nordic American Tankers is expected to report Q2 2026 results before market open on August 27. Analysts forecast earnings of $0.23 per share on revenue of approximately $97.1 million.
• The company’s previous quarter exceeded EPS expectations, reporting $0.17 versus the $0.16 consensus, but revenue of $77.5 million fell short of estimates.
• NAT raised its quarterly dividend to $0.22, implying an annualized yield of about 12.5%, although its payout ratio is elevated at 325.93%. Analysts remain cautious, with a consensus “Reduce” rating and a $4.00 target price.

Nordic American Tankers (NYSE:NAT - Get Free Report) is expected to be announcing its Q2 2026 results before the market opens on Thursday, August 27th. Analysts expect Nordic American Tankers to announce earnings of $0.23 per share and revenue of $97.1360 million for the quarter. Parties are encouraged to explore the company's upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, August 27, 2026 at 4:00 PM ET.

Nordic American Tankers (NYSE:NAT - Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The shipping company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of $0.16 by $0.01. The firm had revenue of $77.51 million for the quarter, compared to the consensus estimate of $81.86 million. Nordic American Tankers had a net margin of 24.19% and a return on equity of 9.16%. On average, analysts expect Nordic American Tankers to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nordic American Tankers Price Performance

Shares of NAT stock opened at $7.02 on Thursday. The firm has a market cap of $1.49 billion, a P/E ratio of 26.00 and a beta of -0.57. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.00 and a quick ratio of 2.75. Nordic American Tankers has a 1-year low of $2.85 and a 1-year high of $7.10. The firm has a fifty day moving average of $6.17 and a two-hundred day moving average of $5.65.

Nordic American Tankers Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Investors of record on Wednesday, June 10th were issued a $0.22 dividend. This is an increase from Nordic American Tankers's previous quarterly dividend of $0.17. This represents a $0.88 annualized dividend and a yield of 12.5%. The ex-dividend date of this dividend was Wednesday, June 10th. Nordic American Tankers's dividend payout ratio is presently 325.93%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered Nordic American Tankers from a "strong-buy" rating to a "buy" rating in a research report on Sunday, July 26th. Two investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $4.00.

Institutional Trading of Nordic American Tankers

Hedge funds have recently made changes to their positions in the stock. Virtu Financial LLC bought a new stake in Nordic American Tankers in the third quarter valued at $131,000. Mercer Global Advisors Inc. ADV boosted its holdings in shares of Nordic American Tankers by 23.3% during the third quarter. Mercer Global Advisors Inc. ADV now owns 41,173 shares of the shipping company's stock valued at $129,000 after acquiring an additional 7,791 shares during the period. BNP Paribas Financial Markets grew its position in shares of Nordic American Tankers by 103.9% during the third quarter. BNP Paribas Financial Markets now owns 40,553 shares of the shipping company's stock worth $127,000 after acquiring an additional 20,663 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Nordic American Tankers by 18.3% during the fourth quarter. Franklin Resources Inc. now owns 32,228 shares of the shipping company's stock worth $111,000 after acquiring an additional 4,992 shares during the last quarter. Finally, Cerity Partners LLC increased its holdings in shares of Nordic American Tankers by 54.2% in the 2nd quarter. Cerity Partners LLC now owns 34,043 shares of the shipping company's stock worth $90,000 after acquiring an additional 11,971 shares during the period. Institutional investors own 44.29% of the company's stock.

Nordic American Tankers Company Profile

Nordic American Tankers Limited is a Bermuda-based shipping company specializing in the ownership and operation of Suezmax crude oil tankers. The company’s fleet is employed on the spot and period charter markets, transporting crude oil across major global trade routes. By focusing on commercially flexible employment strategies, Nordic American Tankers seeks to optimize vessel utilization and generate stable income for shareholders.

Founded in 1995 and headquartered in Hamilton, Bermuda, Nordic American Tankers maintains technical and commercial management arrangements through established ship-management partners.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source