Nordic American Offshore Ltd Company Profile (NYSE:NAO)

About Nordic American Offshore Ltd

Nordic American Offshore Ltd 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
  • Exchange: NYSE
  • Symbol: NAO
  • CUSIP:
Key Metrics:
  • Previous Close: $2.50
  • 50 Day Moving Average: $2.73
  • 200 Day Moving Average: $3.39
  • 52-Week Range: $2.25 - $5.69
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: -1.59
  • P/E Growth: 0.06
  • Market Cap: $56.37M
  • Outstanding Shares: 22,549,000
  • Beta: 0.32
Profitability:
  • 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%
Additional Links:
Companies Related to Nordic American Offshore Ltd:

Analyst Ratings

Consensus Ratings for Nordic American Offshore Ltd (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 American Offshore Ltd (NYSE:NAO)
Show:
DateFirmActionRatingPrice TargetDetails
5/29/2015Seaport Global SecuritiesInitiated CoverageNeutral$9.00View Rating Details
5/18/2015EuroPacific CanadaDowngradeNeutralView Rating Details
5/14/2015Eurobank EFGDowngradeNeutralView Rating Details
(Data available from 2/19/2015 forward)

Earnings

Earnings History for Nordic American Offshore Ltd (NYSE:NAO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/24/2017        
11/14/20169/30/2016($0.40)($0.42)$6.27 millionViewN/AView Earnings Details
5/12/2016Q1($0.19)($0.30)$7.43 millionViewN/AView Earnings Details
2/4/2016Q415($0.14)($0.19)$8.38 millionViewN/AView Earnings Details
11/9/2015Q315($0.03)($0.13)$11.39 millionViewN/AView Earnings Details
8/4/2015Q215($0.05)($0.02)$10.93 millionViewN/AView Earnings Details
5/13/2015Q115$0.03($0.12)$13.70 millionViewN/AView Earnings Details
2/3/2015$0.18($0.07)$13.90 millionViewN/AView Earnings Details
10/31/2014$0.23$0.18ViewN/AView Earnings Details
8/6/2014$0.25$0.23$15.22 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nordic American Offshore Ltd (NYSE:NAO)
Current Year EPS Consensus Estimate: $-1.49 EPS
Next Year EPS Consensus Estimate: $-1.57 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20163($0.20)($0.12)($0.15)
Q2 20161($0.30)($0.30)($0.30)
Q3 20161($0.30)($0.30)($0.30)
Q4 20161($0.42)($0.42)($0.42)
Q1 20171($0.43)($0.43)($0.43)
Q2 20171($0.43)($0.43)($0.43)
Q3 20171($0.43)($0.43)($0.43)
Q4 20171($0.44)($0.44)($0.44)
Q1 20181($0.44)($0.44)($0.44)
Q2 20181($0.44)($0.44)($0.44)
Q3 20181($0.44)($0.44)($0.44)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nordic American Offshore Ltd (NYSE:NAO)
Annual Dividend:$0.12
Dividend Yield:4.80%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-9.45% (Based on Trailing 12 Months of Earnings)
-8.05% (Based on Current Year Consensus EPS Estimate)
-7.64% (Based on Next Year Consensus EPS Estimate)

Dividend History for Nordic American Offshore Ltd (NYSE:NAO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 History for Nordic American Offshore Ltd (NYSE:NAO)
Institutional Ownership Percentage: 11.40%
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

Latest Headlines for Nordic American Offshore Ltd (NYSE:NAO)
DateHeadline
News IconStock Estimates & Analysts Take on Nordic American Offshore Ltd (NYSE:NAO) - Midway Monitor (NYSE:NAO)
midwaymonitor.com - February 9 at 5:40 AM
News IconMA Watch on Shares of Nordic American Offshore Ltd. (NAO) - Sherwood Daily (NYSE:NAO)
sherwooddaily.com - February 3 at 5:40 AM
News IconNordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) Just Reaches 52-Week Low? (NYSE:NAO)
randolphguide.com - February 2 at 7:37 PM
News IconNewsworthy Wonder Stock: Penny Stock Investors Looking at Nordic American Offshore Ltd. (NYSE:NAO) - Nelson Research (NYSE:NAO)
nelsonobserver.com - February 1 at 12:44 AM
News IconAt the Focal Point, Checking in on Nordic American Offshore Ltd. (NYSE:NAO) - Prospect Journal (NYSE:NAO)
prospectjournal.com - January 31 at 7:42 PM
News IconNear-Term, Can This Stock Move the Needle: Nordic American Offshore Ltd. (NYSE:NAO) - Prospect Journal (NYSE:NAO)
prospectjournal.com - January 31 at 12:26 AM
News IconIs This Stock Capable of a Bull Run: Nordic American Offshore Ltd. (NYSE:NAO) - Nelson Research (NYSE:NAO)
nelsonobserver.com - January 30 at 7:25 PM
News IconNarrowing in on Trading Indicators for Nordic American Offshore Ltd. (NAO) - Sherwood Daily (NYSE:NAO)
sherwooddaily.com - January 30 at 7:25 PM
News IconAre Analysts Predicting a Near-Term Upswing For Nordic American Offshore Ltd (NYSE:NAO)? - Wall Street Beacon (NYSE:NAO)
wsbeacon.com - January 30 at 7:25 PM
News IconNordic American Offshore Ltd (NYSE:NAO) Under Analyst Spotlight ... - UK Market News (NYSE:NAO)
www.ukmarketnews.co.uk - January 28 at 2:17 AM
News IconWilliams %R, RSI, and ADX Update for Nordic American Offshore Ltd. (NAO) - Sherwood Daily (NYSE:NAO)
sherwooddaily.com - January 26 at 10:48 PM
News IconCan This Stock Pick Up Any Momentum: Nordic American Offshore Ltd. (NYSE:NAO) - Prospect Journal (NYSE:NAO)
prospectjournal.com - January 25 at 8:17 PM
News IconWatching the Charts on Nordic American Offshore Ltd. (NAO) - Sherwood Daily (NYSE:NAO)
sherwooddaily.com - January 25 at 8:17 PM
News IconEnlivened Volatility Spotted in Shares of Nordic American Offshore Ltd. (NYSE:NAO) - Wall Street Beacon (NYSE:NAO)
wsbeacon.com - January 25 at 8:17 PM
investornewswire.com logoStrong Sell Recommendations Of Nordic American Offshore Ltd (NYSE:NAO) At 0 - Investor Newswire (NYSE:NAO)
www.investornewswire.com - January 25 at 5:36 AM
News IconCCI Focus on Shares of Nordic American Offshore Ltd. (NAO) - Sherwood Daily (NYSE:NAO)
sherwooddaily.com - January 25 at 5:36 AM
News IconEarnings in Full Force, Analysts Take Aim at Nordic American Offshore Ltd (NYSE:NAO) - Wall Street Beacon (NYSE:NAO)
wsbeacon.com - January 25 at 5:36 AM
News IconCalling all Bargain Hunters: Stock Update on Nordic American Offshore Ltd. (NYSE:NAO) - Prospect Journal (NYSE:NAO)
prospectjournal.com - January 24 at 12:04 AM
News IconShares Hitting The Skids, Bounding Lower Mid-Day: Nordic American Offshore Ltd. (NYSE:NAO) - Wall Street Beacon (NYSE:NAO)
wsbeacon.com - January 24 at 12:04 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Nordic American Offshore Ltd. (NYSE:NAO) - Wall Street Beacon (NYSE:NAO)
wsbeacon.com - January 23 at 9:57 AM
News IconTrump Sworn In as S&P Declined, How Did this Stock Perform This Week: Nordic American Offshore Ltd. (NYSE:NAO) - Aiken Advocate (NYSE:NAO)
aikenadvocate.com - January 22 at 4:36 AM
News IconTrading Watch: ADX and CCI Review for Nordic American Offshore Ltd. (NAO) - Sherwood Daily (NYSE:NAO)
sherwooddaily.com - January 18 at 7:20 PM
investornewswire.com logoNordic American Offshore Ltd (NYSE:NAO) Strong Sell Recommendations At 0 - Investor Newswire (NYSE:NAO)
www.investornewswire.com - January 18 at 7:47 AM
News IconTracking CCI Levels on Shares of Nordic American Offshore Ltd. (NAO) - Sherwood Daily (NYSE:NAO)
sherwooddaily.com - January 17 at 7:05 PM
News IconIs Nordic American Offshore Ltd's (NAO) Balance Sheet Strong Enough To Weather A Storm? - Simply Wall St (NYSE:NAO)
simplywall.st - January 17 at 7:05 PM
investornewswire.com logoNordic American Offshore Ltd (NYSE:NAO) Strong Sell Recommendations At {RATING_CNT_STRONG_SELLS:378}} - Investor Newswire (NYSE:NAO)
www.investornewswire.com - January 11 at 5:40 AM
News IconKeen Investors Taking a Look at Nordic American Offshore Ltd. (NYSE:NAO) - Prospect Journal (NYSE:NAO)
prospectjournal.com - January 10 at 9:02 AM
investornewswire.com logoCan Shares Of Nordic American Offshore Ltd (NYSE:NAO) Hit $6.5? - Investor Newswire (NYSE:NAO)
www.investornewswire.com - January 5 at 12:33 AM
News IconWhat You Must Know About Nordic American Offshore Ltd's (NAO) Financial Strength? - Simply Wall St (NYSE:NAO)
simplywall.st - January 5 at 12:33 AM
News IconWhat You Must Know About Nordic American Offshore Ltd’s (NAO) Financial Strength? (NYSE:NAO)
simplywall.st - January 3 at 10:42 AM
investornewswire.com logoNordic American Offshore Ltd (NYSE:NAO) Strong Buy Recommendations At 1 - Investor Newswire (NYSE:NAO)
www.investornewswire.com - December 27 at 6:39 PM
News IconPeering into Recent Action from Nordic American Offshore Ltd. (NYSE:NAO) - Prospect Journal (NYSE:NAO)
prospectjournal.com - December 24 at 9:09 AM
4-traders.com logoNordic American Offshore : Plans $0.03 Dividend (NYSE:NAO)
www.4-traders.com - December 19 at 9:55 AM
investorplace.com logoBiggest Movers in Transportation Stocks Now – JBLU FRO EURN SAVE - Investorplace.com (NYSE:NAO)
investorplace.com - December 14 at 12:09 AM
News IconTrading Radar: Checking Technicals for Nordic American Offshore Ltd. (NAO) - Yankee Analysts (NYSE:NAO)
yankeeanalysts.com - December 14 at 12:09 AM
News IconTechnical Study: Following Indicators for Nordic American Offshore Ltd. (NAO) - Yankee Analysts (NYSE:NAO)
yankeeanalysts.com - December 11 at 9:50 AM
investornewswire.com logoBuy Calls Of Nordic American Offshore Ltd (NYSE:NAO) At 0 - Investor Newswire (NYSE:NAO)
www.investornewswire.com - November 30 at 6:53 PM
News IconRSI Review on Shares of Nordic American Offshore Ltd. (NAO) - Yankee Analysts (NYSE:NAO)
yankeeanalysts.com - November 30 at 6:53 PM
capitalcube.com logoNordic American Offshore Ltd. :NAO-US: Earnings Analysis: Q3, 2016 By the Numbers : November 29, 2016 (NYSE:NAO)
www.capitalcube.com - November 29 at 2:38 PM
News IconNordic American Offshore Ltd (NYSE:NAO) Under Analyst Spotlight - UK Market News (NYSE:NAO)
www.ukmarketnews.co.uk - November 24 at 6:25 PM
News IconPenny Stock Spotlight: Focusing on Nordic American Offshore Ltd. (NYSE:NAO) - Duncan Research (NYSE:NAO)
www.duncanindependent.com - November 24 at 6:25 PM
News IconTechnical Trading Review on Shares of Nordic American Offshore Ltd. (NAO) - MicroCap Wired (NYSE:NAO)
www.microcapwired.com - November 22 at 6:30 PM
News IconWonder Stock Alert: Investors Curious About Nordic American Offshore Ltd. (NYSE:NAO) - Duncan Research (NYSE:NAO)
www.duncanindependent.com - November 22 at 6:30 PM
News IconPre-Market Alert as Shares Shuffle Downward: Nordic American Offshore Ltd. (NYSE:NAO) - CSZ News (NYSE:NAO)
cincysportszone.com - November 22 at 10:36 AM
investorplace.com logoBiggest Movers in Transportation Stocks Now - DRYS GLBS DCIX HOS - Investorplace.com (NYSE:NAO)
investorplace.com - November 21 at 6:52 PM
News IconPenny Stock Making Waves: Investors Keen on Nordic American Offshore Ltd. (NYSE:NAO) - Duncan Research (NYSE:NAO)
www.duncanindependent.com - November 21 at 6:51 PM
News IconShare Focus: Checking the Indicators on Nordic American Offshore Ltd. (NAO) - MicroCap Wired (NYSE:NAO)
www.microcapwired.com - November 20 at 6:07 PM
News IconRSI, CCI, and ADX Levels in View for Nordic American Offshore Ltd. (NAO) - MicroCap Wired (NYSE:NAO)
www.microcapwired.com - November 19 at 8:58 AM
News IconPenny Stock Focus: Narrowing the Lens On Nordic American Offshore Ltd. (NYSE:NAO) - Duncan Research (NYSE:NAO)
www.duncanindependent.com - November 19 at 8:58 AM
publicnow.com logo3rd Quarter 2016 Result (NYSE:NAO)
www.publicnow.com - November 19 at 8:58 AM

Social

What is Nordic American Offshore Ltd's stock symbol?

Nordic American Offshore Ltd trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAO."

How often does Nordic American Offshore Ltd pay dividends? What is the dividend yield for Nordic American Offshore Ltd?

Nordic American Offshore Ltd declared a quarterly dividend on Monday, November 14th. Investors of record on Wednesday, November 23rd will be given a dividend of $0.03 per share on Wednesday, December 7th. This represents a $0.12 annualized dividend and a dividend yield of 4.80%. The ex-dividend date of this dividend is Monday, November 21st.

When will Nordic American Offshore Ltd announce their earnings?

Nordic American Offshore Ltd is scheduled to release their next quarterly earnings announcement on Friday, February, 24th 2017.

Who owns Nordic American Offshore Ltd stock?

Nordic American Offshore Ltd's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Renaissance Technologies LLC (0.56%).

Who sold Nordic American Offshore Ltd stock? Who is selling Nordic American Offshore Ltd stock?

Nordic American Offshore Ltd's stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC.

How do I buy Nordic American Offshore Ltd stock?

Shares of Nordic American Offshore Ltd 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 American Offshore Ltd stock cost?

One share of Nordic American Offshore Ltd stock can currently be purchased for approximately $2.50.

Nordic American Offshore Ltd (NYSE:NAO) Chart for Sunday, February, 19, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Nordic American Offshore Ltd (NYSE:NAO)

Earnings History Chart

Earnings by Quarter for Nordic American Offshore Ltd (NYSE:NAO)

Dividend History Chart

Dividend Payments by Quarter for Nordic American Offshore Ltd (NYSE:NAO)

Last Updated on 2/19/2017 by MarketBeat.com Staff