NYSE:NAO - Nordic American Offshore Stock Price, Price Target & More

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$1.12 -0.03 (-2.61 %)
(As of 05/25/2018 04:00 PM ET)
Previous Close$1.12
Today's Range$1.10 - $1.15
52-Week Range$1.02 - $1.60
Volume63,525 shs
Average Volume112,582 shs
Market Capitalization$71.29 million
P/E RatioN/A
Dividend Yield3.48%
Beta-0.02

About Nordic American Offshore (NYSE:NAO)

Nordic American Offshore logoNordic American Offshore Ltd. owns and operates platform supply vessels (PSVs). As of May 2, 2017, it had a fleet of 10 PSVs. The company operates its vessels in the United Kingdom and in the Norwegian sectors of the North Sea. Nordic American Offshore Ltd. was founded in 2013 and is based in Hamilton, Bermuda.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:NAO
CUSIPN/A
Phone473-342-7300

Debt

Debt-to-Equity Ratio0.55
Current Ratio13.24
Quick Ratio12.70

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$16.08 million
Price / Sales4.32
Cash FlowN/A
Price / CashN/A
Book Value$4.01 per share
Price / Book0.28

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$-29,320,000.00
Net Margins-197.21%
Return on Equity-11.81%
Return on Assets-7.65%

Miscellaneous

Employees6
Outstanding Shares61,990,000

Nordic American Offshore (NYSE:NAO) Frequently Asked Questions

What is Nordic American Offshore's stock symbol?

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

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

Nordic American Offshore declared a quarterly dividend on Tuesday, May 15th. Stockholders of record on Friday, May 25th will be given a dividend of $0.01 per share on Friday, June 8th. This represents a $0.04 annualized dividend and a dividend yield of 3.57%. The ex-dividend date of this dividend is Thursday, May 24th. View Nordic American Offshore's Dividend History.

How were Nordic American Offshore's earnings last quarter?

Nordic American Offshore (NYSE:NAO) released its quarterly earnings results on Wednesday, February, 28th. The shipping company reported ($0.14) earnings per share for the quarter. The shipping company had revenue of $3.01 million for the quarter. Nordic American Offshore had a negative net margin of 197.21% and a negative return on equity of 11.81%. View Nordic American Offshore's Earnings History.

When is Nordic American Offshore's next earnings date?

Nordic American Offshore is scheduled to release their next quarterly earnings announcement on Thursday, August, 2nd 2018. View Earnings Estimates for Nordic American Offshore.

Who are some of Nordic American Offshore's key competitors?

Who are Nordic American Offshore's key executives?

Nordic American Offshore's management team includes the folowing people:
  • Mr. Herbjørn Hansson, Exec. Chairman (Age 70)
  • Ms. Marianne Lie, Exec. Vice Chair (Age 56)
  • Mr. Bjørn Giaever, CFO & Sec. (Age 51)
  • Mr. Frithjof Bettum, Sr. VP of Technical Operations (Age 56)
  • Jan H. A. Moller, Head of Investor Relations and Fin. Mang.

Has Nordic American Offshore been receiving favorable news coverage?

Headlines about NAO stock have trended positive this week, according to Accern. Accern identifies positive and negative press coverage by monitoring more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Nordic American Offshore earned a media sentiment score of 0.28 on Accern's scale. They also gave news coverage about the shipping company an impact score of 45.24 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.

How do I buy shares of Nordic American Offshore?

Shares of NAO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Nordic American Offshore's stock price today?

One share of NAO stock can currently be purchased for approximately $1.12.

How big of a company is Nordic American Offshore?

Nordic American Offshore has a market capitalization of $71.29 million and generates $16.08 million in revenue each year. Nordic American Offshore employs 6 workers across the globe.

How can I contact Nordic American Offshore?

Nordic American Offshore's mailing address is 27 REID STREET, HAMILTON D0, HM 11. The shipping company can be reached via phone at 473-342-7300 or via email at [email protected]


MarketBeat Community Rating for Nordic American Offshore (NAO)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  116 (Vote Outperform)
Underperform Votes:  115 (Vote Underperform)
Total Votes:  231
MarketBeat's community ratings are surveys of what our community members think about Nordic American Offshore and other stocks. Vote "Outperform" if you believe NAO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NAO will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Nordic American Offshore (NYSE:NAO) Analyst Ratings History

DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
(Data available from 5/26/2016 forward)

Earnings

Nordic American Offshore (NYSE:NAO) Earnings History and Estimates Chart

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

Nordic American Offshore (NYSE:NAO) Earnings Estimates

2018 EPS Consensus Estimate: ($0.56)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181($0.14)($0.14)($0.14)
Q2 20181($0.14)($0.14)($0.14)
Q3 20181($0.14)($0.14)($0.14)
Q4 20181($0.14)($0.14)($0.14)
Q1 20191($0.14)($0.14)($0.14)

Nordic American Offshore (NYSE NAO) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
8/1/2018($0.10)N/AView Earnings Details
2/28/2018Q4 2017($0.14)$3.01 millionViewN/AView Earnings Details
11/10/2017Q3 2017($0.09)$5.93 millionViewN/AView Earnings Details
8/3/2017Q2 2017($0.13)($0.11)$3.64 millionViewN/AView Earnings Details
5/2/2017Q1 2017($0.27)($0.25)$2.40 million$3.50 millionViewN/AView Earnings Details
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
(Earnings results data provided by Zacks Investment Research)

Dividends

Nordic American Offshore (NYSE:NAO) Dividend Information

Nordic American Offshore pays an annual dividend of $0.04 per share, with a dividend yield of 3.57%. NAO's next quarterly dividend payment will be made on Friday, June 8.
Next Dividend:6/8/2018
Annual Dividend:$0.04
Dividend Yield:3.57%
Dividend Growth:-61.00% (3 Year Average)
Payout Ratio(s):N/A
Frequency:Quarterly Dividend
Dividend Payments by Quarter for Nordic American Offshore (NYSE:NAO)

Nordic American Offshore (NYSE:NAO) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
5/15/2018Quarterly$0.013.51%5/24/20185/25/20186/8/2018
2/8/2018Quarterly$0.027.27%2/22/20182/23/20183/13/2018
11/10/2017Quarterly$0.0211/24/201711/27/201712/12/2017
8/3/2017Quarterly$0.026.61%8/15/20178/17/20178/31/2017
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$0.08806.74%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

Nordic American Offshore (NYSE NAO) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 15.70%
Insider Trading History for Nordic American Offshore (NYSE:NAO)
Institutional Ownership by Quarter for Nordic American Offshore (NYSE:NAO)

Nordic American Offshore (NYSE NAO) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
12/14/2015Leon G CoopermanMajor ShareholderSell19,200$4.53$86,976.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Nordic American Offshore (NYSE NAO) News Headlines

Source:
DateHeadline
Nordic American Offshore Plans Quarterly Dividend of $0.01 (NAO)Nordic American Offshore Plans Quarterly Dividend of $0.01 (NAO)
www.americanbankingnews.com - May 19 at 10:50 AM
Nordic American Offshore: North Sea Improvements Do Not Bring UpsideNordic American Offshore: North Sea Improvements Do Not Bring Upside
seekingalpha.com - May 19 at 8:22 AM
Nordic American: 1Q Earnings SnapshotNordic American: 1Q Earnings Snapshot
finance.yahoo.com - May 16 at 5:57 PM
Nordic American Tankers Limited: Nordic American Tankers (NYSE:NAT) - The 1st Quarter 2018 report - Dividend is a priority - Solid prospectsNordic American Tankers Limited: Nordic American Tankers (NYSE:NAT) - The 1st Quarter 2018 report - Dividend is a priority - Solid prospects
www.finanznachrichten.de - May 16 at 8:25 AM
Nordic American Offshore Ltd. (NYSE:NAO) - 1Q2018 Earnings Report - Dividend important - Improved market conditionsNordic American Offshore Ltd. (NYSE:NAO) - 1Q2018 Earnings Report - Dividend important - Improved market conditions
finance.yahoo.com - May 15 at 8:02 AM
Nordic American Offshore misses by $0.02Nordic American Offshore misses by $0.02
seekingalpha.com - May 15 at 7:40 AM
Nordic American Offshore Ltd (NYSE:NAO): What’s The Analyst Consensus Outlook?Nordic American Offshore Ltd (NYSE:NAO): What’s The Analyst Consensus Outlook?
finance.yahoo.com - May 14 at 5:35 PM
Nordic American Offshore (NAO) Set to Announce Quarterly Earnings on MondayNordic American Offshore (NAO) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - May 12 at 8:14 PM
Nordic American Offshore (NAO) Upgraded at ValuEngineNordic American Offshore (NAO) Upgraded at ValuEngine
www.americanbankingnews.com - May 5 at 1:13 AM
What Is Nordic American Offshore Ltd’s (NYSE:NAO) Share Price Doing?What Is Nordic American Offshore Ltd’s (NYSE:NAO) Share Price Doing?
finance.yahoo.com - April 27 at 8:02 AM
Nordic American Offshore (NAO) to Release Earnings on MondayNordic American Offshore (NAO) to Release Earnings on Monday
www.americanbankingnews.com - April 23 at 5:02 AM
Does Nordic American Offshore Ltd’s (NYSE:NAO) Past Performance Indicate A Stronger Future?Does Nordic American Offshore Ltd’s (NYSE:NAO) Past Performance Indicate A Stronger Future?
finance.yahoo.com - April 19 at 8:15 AM
Contrasting Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) & Safe Bulkers (SB)Contrasting Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) (NAO) & Safe Bulkers (SB)
www.americanbankingnews.com - April 18 at 3:20 AM
Nordic American Offshore Ltd (NYSE:NAO): Ex-Dividend Is Coming In 3 Days, Should You Buy?Nordic American Offshore Ltd (NYSE:NAO): Ex-Dividend Is Coming In 3 Days, Should You Buy?
finance.yahoo.com - February 18 at 5:46 PM
Nordic American Tankers (NYSE:NAT) - The 4th Quarter 2017 report - Operational cashflow was $11.9m higher in 4Q than in 3Q2017 - Prospects are good - Dividend is a priorityNordic American Tankers (NYSE:NAT) - The 4th Quarter 2017 report - Operational cashflow was $11.9m higher in 4Q than in 3Q2017 - Prospects are good - Dividend is a priority
finance.yahoo.com - February 12 at 7:39 AM
Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) Declares Quarterly Dividend of $0.02 (NAO)Nordic Amern Offshore Ltd Ordinary Shares (Bermuda) Declares Quarterly Dividend of $0.02 (NAO)
www.americanbankingnews.com - February 9 at 6:16 PM
Nordic American Tankers Limited (NYSE:NAT) - Information from Nordic American Offshore (NYSE:NAO)Nordic American Tankers Limited (NYSE:NAT) - Information from Nordic American Offshore (NYSE:NAO)
finance.yahoo.com - February 8 at 3:30 PM
Nordic American Offshore Ltd. (NYSE:NAO) - 4Q2017 Earnings Report - Dividend declared - 3 modern PSVs reactivated and will resume tradingNordic American Offshore Ltd. (NYSE:NAO) - 4Q2017 Earnings Report - Dividend declared - 3 modern PSVs reactivated and will resume trading
finance.yahoo.com - February 8 at 7:30 AM
How Financially Strong Is Nordic American Offshore Ltd (NYSE:NAO)?How Financially Strong Is Nordic American Offshore Ltd (NYSE:NAO)?
finance.yahoo.com - February 1 at 7:40 AM
Nordic American Offshore Ltd. (NYSE:NAO) Results of Annual General Meeting of Shareholders - GlobeNewswire (press release)Nordic American Offshore Ltd. (NYSE:NAO) Results of Annual General Meeting of Shareholders - GlobeNewswire (press release)
globenewswire.com - December 20 at 9:42 AM
Should Your Next Investment In The Energy Industry Be In Nordic American Offshore Ltd (NYSE:NAO)?Should Your Next Investment In The Energy Industry Be In Nordic American Offshore Ltd (NYSE:NAO)?
finance.yahoo.com - December 18 at 5:10 PM
Nordic American Offshore Ltd. (NYSE:NAO) Results of Annual General Meeting of ShareholdersNordic American Offshore Ltd. (NYSE:NAO) Results of Annual General Meeting of Shareholders
finance.yahoo.com - December 18 at 9:57 AM
Was Nordic American Offshore Ltd’s (NAO) EPS Decline A Part Of Broader Industry Downturn?Was Nordic American Offshore Ltd’s (NAO) EPS Decline A Part Of Broader Industry Downturn?
finance.yahoo.com - December 4 at 9:35 AM
Nordic American Offshore Ltd. :NAO-US: Earnings Analysis: Q3, 2017 By the Numbers : November 21, 2017Nordic American Offshore Ltd. :NAO-US: Earnings Analysis: Q3, 2017 By the Numbers : November 21, 2017
finance.yahoo.com - November 22 at 6:03 AM
Contrasting Nordic American Offshore (NAO) & Paragon Shipping (PRGNF)Contrasting Nordic American Offshore (NAO) & Paragon Shipping (PRGNF)
www.americanbankingnews.com - November 19 at 5:06 PM
Nordic American Offshore Ltd to Issue Quarterly Dividend of $0.02 (NAO)Nordic American Offshore Ltd to Issue Quarterly Dividend of $0.02 (NAO)
www.americanbankingnews.com - November 19 at 8:28 AM
Analyzing Nordic American Offshore (NAO) & Paragon Shipping (PRGNF)Analyzing Nordic American Offshore (NAO) & Paragon Shipping (PRGNF)
www.americanbankingnews.com - November 18 at 9:14 AM
Should You Be Concerned About Nordic American Offshore Ltd’s (NAO) Shareholders?Should You Be Concerned About Nordic American Offshore Ltd’s (NAO) Shareholders?
finance.yahoo.com - November 12 at 9:57 AM
Nordic American reports 3Q lossNordic American reports 3Q loss
finance.yahoo.com - November 12 at 9:56 AM
Nordic American Offshore Ltd. (NYSE:NAO) - 3Q2017 Dividend and Earnings Report. NAO is in a solid financial condition.Nordic American Offshore Ltd. (NYSE:NAO) - 3Q2017 Dividend and Earnings Report. NAO is in a solid financial condition.
feeds.benzinga.com - November 10 at 7:55 AM
Nordic American Offshore Ltd. (NYSE:NAO) Announces the Date for its 2017 Annual General Meeting of Shareholders - NasdaqNordic American Offshore Ltd. (NYSE:NAO) Announces the Date for its 2017 Annual General Meeting of Shareholders - Nasdaq
www.nasdaq.com - November 9 at 7:00 AM
Nordic American Offshore Ltd. (NYSE:NAO) Announces the Date for its 2017 Annual General Meeting of ShareholdersNordic American Offshore Ltd. (NYSE:NAO) Announces the Date for its 2017 Annual General Meeting of Shareholders
finance.yahoo.com - November 9 at 7:00 AM
Nordic American Offshore Ltd (NAO) Scheduled to Post Quarterly Earnings on MondayNordic American Offshore Ltd (NAO) Scheduled to Post Quarterly Earnings on Monday
www.americanbankingnews.com - November 6 at 6:02 AM
Nordic American Tankers (NYSE:NAT) - The 3rd Quarter 2017 report - GlobeNewswire (press release)Nordic American Tankers (NYSE:NAT) - The 3rd Quarter 2017 report - GlobeNewswire (press release)
globenewswire.com - November 5 at 6:34 AM
Nordic American Tankers Limited: Nordic American Tankers (NYSE:NAT) - The 3rd Quarter 2017 reportNordic American Tankers Limited: Nordic American Tankers (NYSE:NAT) - The 3rd Quarter 2017 report
www.finanznachrichten.de - November 4 at 7:09 AM
Nordic American Tankers (NYSE:NAT) - The 3rd Quarter 2017 reportNordic American Tankers (NYSE:NAT) - The 3rd Quarter 2017 report
www.nasdaq.com - November 4 at 7:09 AM
Nordic American Offshore (NAO) versus Box Ships (TEU) Head to Head AnalysisNordic American Offshore (NAO) versus Box Ships (TEU) Head to Head Analysis
www.americanbankingnews.com - November 4 at 5:38 AM
Are Nordic American Offshore Ltd’s (NAO) Interest Costs Too High?Are Nordic American Offshore Ltd’s (NAO) Interest Costs Too High?
finance.yahoo.com - October 31 at 6:44 AM
Nordic American Offshore Ltd. (NYSE:NAO) - Financial Calendar - GlobeNewswire (press release)Nordic American Offshore Ltd. (NYSE:NAO) - Financial Calendar - GlobeNewswire (press release)
globenewswire.com - October 27 at 8:20 AM
Nordic American Offshore Ltd. (NYSE:NAO) - Financial CalendarNordic American Offshore Ltd. (NYSE:NAO) - Financial Calendar
feeds.benzinga.com - October 27 at 6:40 AM
BRIEF-EXECUTIVE CHAIRMAN, FAMILY INCREASE HOLDING IN NORDIC AMERICAN OFFSHORE - ReutersBRIEF-EXECUTIVE CHAIRMAN, FAMILY INCREASE HOLDING IN NORDIC AMERICAN OFFSHORE - Reuters
www.reuters.com - October 5 at 10:26 AM
Nordic American Offshore Ltd. (NYSE:NAO) - the Executive Chairman and his family increase its holding in NAO.Nordic American Offshore Ltd. (NYSE:NAO) - the Executive Chairman and his family increase its holding in NAO.
finance.yahoo.com - October 5 at 10:26 AM
Nordic American Offshore Ltd (NAO) Short Interest Down 28.8% in SeptemberNordic American Offshore Ltd (NAO) Short Interest Down 28.8% in September
www.americanbankingnews.com - October 4 at 3:02 AM
Nordic American Offshore (NYSE:NAO) - New CFO for NAO and Nordic American Tankers Limited (NAT) to join October 16, 2017Nordic American Offshore (NYSE:NAO) - New CFO for NAO and Nordic American Tankers Limited (NAT) to join October 16, 2017
finance.yahoo.com - September 13 at 6:54 AM
Critical Contrast: Nordic American Offshore (NAO) versus Overseas Shipholding Group (OSG)Critical Contrast: Nordic American Offshore (NAO) versus Overseas Shipholding Group (OSG)
www.americanbankingnews.com - September 9 at 2:09 PM
Nordic American Offshore Ltd. (NYSE: NAO) - New CFO appointed for NAT and NAO. - GlobeNewswire (press release)Nordic American Offshore Ltd. (NYSE: NAO) - New CFO appointed for NAT and NAO. - GlobeNewswire (press release)
globenewswire.com - September 3 at 1:00 AM
BRIEF-Nordic American Offshore: New CFO appointed for NAT and NAO - ReutersBRIEF-Nordic American Offshore: New CFO appointed for NAT and NAO - Reuters
www.reuters.com - September 3 at 1:00 AM
Nordic American Tankers (NAT) / Nordic American Offshore (NAO) Appoint Bjem Glaever as New CFINordic American Tankers (NAT) / Nordic American Offshore (NAO) Appoint Bjem Glaever as New CFI
www.streetinsider.com - September 2 at 7:59 PM
BRIEF-Nordic American Offshore: New CFO appointed for NAT and NAOBRIEF-Nordic American Offshore: New CFO appointed for NAT and NAO
www.reuters.com - September 2 at 6:35 AM
Nordic American Tanker, Nordic American Offshore name Giaever as CFONordic American Tanker, Nordic American Offshore name Giaever as CFO
seekingalpha.com - September 2 at 6:35 AM

SEC Filings

Nordic American Offshore (NYSE:NAO) SEC Filings

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Social Media

Financials

Nordic American Offshore (NYSE:NAO) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Nordic American Offshore (NYSE NAO) Stock Chart for Saturday, May, 26, 2018

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This page was last updated on 5/26/2018 by MarketBeat.com Staff

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