Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) Company Profile (NYSE:NAO)

About Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) logoNordic American Offshore Limited (NAO) operates platform supply vessels (PSV). The Company owns approximately eight vessels. The Company operates in the offshore support vessel market segment. The Company has approximately two vessels under construction. The Company's vessels operate in the North Sea in both the term and spot market. The Company's vessels include NAO Fighter, NAO Prosper, NAO Power, NAO Thunder, NAO Guardian, NAO Protector, NAO Storm and NAO Viking. Each of the Company's vessels has a capacity of approximately 4,200 deadweight tonnage (DWT) and a cargo deck area of approximately 850 square meters. The Company's vessels under construction include NAO Galaxy and NAO Horizon. Remoy Shipping AS and V. Ships Limited provide technical management for the Company's vessels.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NYSE:NAO
  • CUSIP: N/A
  • Web: www.naoffshore.com
Capitalization:
  • Market Cap: $25.93 million
  • Outstanding Shares: 22,549,000
Average Prices:
  • 50 Day Moving Avg: $0.99
  • 200 Day Moving Avg: $2.06
  • 52 Week Range: $0.80 - $5.61
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -2.40
  • P/E Growth: 0.07
Sales & Book Value:
  • Annual Revenue: $16.35 million
  • Price / Sales: 1.59
  • Book Value: $4.43 per share
  • Price / Book: 0.26
Dividend:
  • Annual Dividend: $0.12
  • Dividend Yield: 7.3%
Profitability:
  • EBIDTA: ($13,500,000.00)
  • Net Margins: -130.10%
  • Return on Equity: -10.26%
  • Return on Assets: -7.41%
Debt:
  • Debt-to-Equity Ratio: 0.54%
  • Current Ratio: 2.22%
  • Quick Ratio: 1.89%
Misc:
  • Average Volume: 915,835 shs.
  • Beta: 0.32
  • Short Ratio: 1.51
 

Frequently Asked Questions for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)

What is Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)'s stock symbol?

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAO."

How often does Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) pay dividends? What is the dividend yield for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)?

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) announced a quarterly dividend on Tuesday, May 2nd. Investors of record on Wednesday, May 17th will be paid a dividend of $0.02 per share on Thursday, June 1st. This represents a $0.08 annualized dividend and a yield of 6.96%. The ex-dividend date of this dividend is Monday, May 15th. View Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)'s Dividend History.

How were Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)'s earnings last quarter?

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO) announced its quarterly earnings results on Tuesday, March, 7th. The company reported ($0.48) earnings per share (EPS) for the quarter, missing the Thomson Reuters' consensus estimate of ($0.40) by $0.08. The firm earned $2.37 million during the quarter, compared to the consensus estimate of $3.80 million. Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) had a negative return on equity of 10.26% and a negative net margin of 130.10%. During the same period last year, the firm earned ($0.19) EPS. View Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)'s Earnings History.

When will Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) make its next earnings announcement?

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) is scheduled to release their next quarterly earnings announcement on Wednesday, August, 2nd 2017. View Earnings Estimates for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda).

Are investors shorting Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)?

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) saw a increase in short interest in the month of April. As of April 13th, there was short interest totalling 2,462,469 shares, an increase of 126.4% from the March 31st total of 1,087,685 shares. Based on an average daily volume of 662,038 shares, the days-to-cover ratio is presently 3.7 days. Currently, 6.9% of the company's shares are sold short.

Who are some of Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)'s key competitors?

Who owns Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) stock?

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)'s stock is owned by a number of of institutional and retail investors. Top institutional shareholders include DnB Asset Management AS (35.48%), Laurion Capital Management LP (6.40%), Mackenzie Financial Corp (4.60%), Shah Capital Management (3.51%), WealthTrust Axiom LLC (1.41%) and LMR Partners LLP (1.15%). View Institutional Ownership Trends for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda).

Who sold Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) stock? Who is selling Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) stock?

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)'s stock was sold by a variety of institutional investors in the last quarter, including WealthTrust Axiom LLC. View Insider Buying and Selling for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda).

Who bought Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) stock? Who is buying Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) stock?

Nordic Amern Offshore Ltd Ordinary Shares (Bermuda)'s stock was acquired by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Laurion Capital Management LP, Mackenzie Financial Corp, Shah Capital Management and LMR Partners LLP. View Insider Buying and Selling for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda).

How do I buy Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) stock?

Shares of Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) stock cost?

One share of Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) stock can currently be purchased for approximately $1.15.

Analyst Ratings

Consensus Ratings for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO) (?)
Ratings Breakdown: No ratings tracked in the last 12 months.
Consensus Rating:N/A (Score: NaN)
Consensus Price Target: N/A

Analysts' Ratings History for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/29/2015Seaport Global SecuritiesInitiated CoverageNeutral$9.00N/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Earnings by Quarter for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Earnings History by Quarter for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/2/2017        
3/7/2017Q4($0.40)($0.48)$3.80 million$2.37 millionViewN/AView Earnings Details
11/14/20169/30/2016($0.40)($0.42)$5.40 million$3.96 millionViewN/AView Earnings Details
8/4/2016Q2($0.26)($0.36)$7.79 million$5.07 millionViewN/AView Earnings Details
5/12/2016Q1($0.19)($0.30)$6.20 million$4.85 millionViewN/AView Earnings Details
2/4/2016Q415($0.14)($0.19)$7.60 million$6.68 millionViewN/AView Earnings Details
11/9/2015Q315($0.03)($0.13)$10.50 million$7.95 millionViewN/AView Earnings Details
8/4/2015Q215($0.05)($0.02)$10.70 million$11.28 millionViewN/AView Earnings Details
5/13/2015Q115($0.02)($0.12)$13.70 million$8.93 millionViewN/AView Earnings Details
2/3/2015Q4 2014$0.19($0.05)$13.90 million$9.89 millionViewN/AView Earnings Details
10/30/2014Q3 2014$0.23$0.18$17.00 million$14.31 millionViewN/AView Earnings Details
8/6/2014Q2 2014$0.26$0.23$15.00 million$14.61 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
2017 EPS Consensus Estimate: ($0.72)
2018 EPS Consensus Estimate: ($0.60)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.27)($0.27)($0.27)
Q2 20171($0.15)($0.15)($0.15)
Q3 20171($0.15)($0.15)($0.15)
Q4 20171($0.15)($0.15)($0.15)
Q1 20181($0.15)($0.15)($0.15)
Q2 20181($0.15)($0.15)($0.15)
Q3 20181($0.15)($0.15)($0.15)
Q4 20181($0.15)($0.15)($0.15)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Next Dividend:6/1/2017
Annual Dividend:$0.12
Dividend Yield:10.43%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-9.45% (Trailing 12 Months of Earnings)
-20.69% (Based on This Year's Estimates)
-25.00% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)

Dividend History by Quarter for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/2/2017Quarterly$0.025/15/20175/17/20176/1/2017
3/7/2017Quarterly$0.023/17/20173/21/20174/5/2017
11/14/2016Quarterly$0.033.93%11/21/201611/23/201612/7/2016
8/5/2016quarterly$0.054.59%8/15/20168/17/20169/6/2016
4/27/2016quarterly$0.096.74%5/10/20165/12/20165/27/2016
1/26/2016quarterly$0.1214.93%2/3/20162/5/20162/22/2016
10/15/2015quarterly$0.158.84%10/26/201510/28/201511/11/2015
7/21/2015quarterly$0.178.97%8/3/20158/5/20158/19/2015
4/29/2015quarterly$0.177.19%5/12/20155/14/20155/28/2015
10/20/2014quarterly$0.4511/7/201411/21/2014
8/1/2014quarterly$0.459.85%8/14/20148/18/20148/29/2014
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading and Institutional Ownership History for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Institutional Ownership Percentage: 11.40%
Insider Trades by Quarter for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Institutional Ownership by Quarter for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Insider Trades by Quarter for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/14/2015Leon G CoopermanMajor ShareholderSell19,200$4.53$86,976.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Headline Trends for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Latest Headlines for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NYSE:NAO)
Source:
DateHeadline
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - the Executive Chairman and his family increase its holding in NAO.
finance.yahoo.com - May 10 at 12:10 PM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - Updated Record Date for 1Q2017 Dividend
finance.yahoo.com - May 9 at 11:36 AM
finance.yahoo.com logoNordic American Offshore Ltd. :NAO-US: Earnings Analysis: Q1, 2017 By the Numbers : May 9, 2017
finance.yahoo.com - May 9 at 11:36 AM
americanbankingnews.com logoNordic Amern Offshore Ltd Ordinary Shares (Bermuda) (nao) Declares Quarterly Dividend of $0.02
www.americanbankingnews.com - May 3 at 7:52 PM
marketbeat.com logoNordic American reports 1Q loss
marketbeat.com - May 3 at 10:45 AM
americanbankingnews.com logoNordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Earning Positive News Coverage, Analysis Finds
www.americanbankingnews.com - May 2 at 8:44 PM
americanbankingnews.com logoShort Interest in Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Increases By 126.4%
www.americanbankingnews.com - May 2 at 7:02 AM
americanbankingnews.com logoNordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Given Daily News Sentiment Score of 0.22
www.americanbankingnews.com - April 28 at 12:25 AM
finance.yahoo.com logoNordic American Offshore Ltd. :NAO-US: Earnings Analysis: Q4, 2016 By the Numbers : April 27, 2017
finance.yahoo.com - April 27 at 7:16 PM
americanbankingnews.com logoNordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Receiving Somewhat Positive News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 24 at 9:32 PM
americanbankingnews.com logoQ1 2017 EPS Estimates for Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Raised by Analyst
www.americanbankingnews.com - April 24 at 7:22 AM
americanbankingnews.com logoNordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Receives Media Impact Rating of -0.06
www.americanbankingnews.com - April 20 at 3:49 PM
americanbankingnews.com logoNordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Sees Significant Increase in Short Interest
www.americanbankingnews.com - April 18 at 7:21 AM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - Letter to Shareholders from the Executive Chairman.
finance.yahoo.com - April 7 at 11:23 AM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - Organizational update
finance.yahoo.com - April 3 at 9:54 AM
americanbankingnews.com logoShort Interest in Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Decreases By 45.1%
www.americanbankingnews.com - March 31 at 10:10 AM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - the Executive Chairman and his family increase its holding in NAO
finance.yahoo.com - March 31 at 9:24 AM
finance.yahoo.com logoNAO : Summary for Nordic Amern Offshore Ltd Ordin - Yahoo Finance
finance.yahoo.com - March 10 at 9:39 AM
americanbankingnews.com logoNordic Amern Offshore Ltd Ordinary Shares (Bermuda) (nao) Plans $0.02 Quarterly Dividend
www.americanbankingnews.com - March 8 at 8:32 PM
biz.yahoo.com logoQ4 2016 Nordic American Offshore Ltd Earnings Release - Before Market Open
biz.yahoo.com - March 7 at 10:12 AM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - Correction to Financial Calendar Published Yesterday
finance.yahoo.com - February 26 at 8:58 AM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - Financial Calendar
finance.yahoo.com - February 25 at 6:22 PM
marketwatch.com logoNordic American Offshore's stock plunges after big stock offering prices at deep discount
www.marketwatch.com - February 24 at 4:08 PM
finance.yahoo.com logo8:29 am Nordic American Offshore prices 40,000,000 common shares (upsized from 33,333,333 mln) at a public offering price of $1.25/share
finance.yahoo.com - February 24 at 9:14 AM
us.rd.yahoo.com logo4:04 pm Nordic American Offshore commences public offering of 33,333,333 common share; also intends to grant the underwriters a 30-day option to purchase 5,000,000 additional common shares
us.rd.yahoo.com - February 23 at 6:47 PM
investorplace.com logoBiggest Movers in Transportation Stocks Now – JBLU FRO EURN SAVE - Investorplace.com
investorplace.com - December 14 at 12:09 AM

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Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff