Nordic American Offshore Ltd Company Profile (NYSE:NAO)

About Nordic American Offshore Ltd (NYSE:NAO)

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
  • Symbol: NYSE:NAO
  • CUSIP: N/A
  • Web: www.nao.bm
Capitalization:
  • Market Cap: $89.82 million
  • Outstanding Shares: 22,549,000
Average Prices:
  • 50 Day Moving Avg: $1.30
  • 200 Day Moving Avg: $1.15
  • 52 Week Range: $0.80 - $3.90
P/E:
  • Trailing P/E Ratio: N/A
  • P/E Growth: 0.10
Sales & Book Value:
  • Annual Revenue: $14.92 million
  • Price / Sales: 2.22
  • Book Value: $4.27 per share
  • Price / Book: 0.34
Dividend:
  • Annual Dividend: $0.08
  • Dividend Yield: 5.4%
Profitability:
  • EBIDTA: ($13,420,000.00)
  • Net Margins: -249.97%
  • Return on Equity: -13.23%
  • Return on Assets: -8.54%
Debt:
  • Debt-to-Equity Ratio: 0.51%
  • Current Ratio: 13.46%
  • Quick Ratio: 13.11%
Misc:
  • Average Volume: 312,817 shs.
  • Beta: -0.23
  • Short Ratio: 1.51
 

Frequently Asked Questions for Nordic American Offshore Ltd (NYSE:NAO)

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 announced a quarterly dividend on Thursday, August 3rd. Stockholders of record on Thursday, August 17th will be paid a dividend of $0.02 per share on Thursday, August 31st. This represents a $0.08 annualized dividend and a dividend yield of 5.44%. The ex-dividend date is Tuesday, August 15th. View Nordic American Offshore Ltd's Dividend History.

How were Nordic American Offshore Ltd's earnings last quarter?

Nordic American Offshore Ltd (NYSE:NAO) announced its quarterly earnings data on Monday, November, 14th. The company reported ($0.42) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.40) by $0.02. The company had revenue of $3.96 million for the quarter, compared to analyst estimates of $5.40 million. Nordic American Offshore Ltd had a negative return on equity of 13.23% and a negative net margin of 249.97%. During the same quarter in the prior year, the firm posted ($0.13) earnings per share. View Nordic American Offshore Ltd's Earnings History.

When will Nordic American Offshore Ltd make its next earnings announcement?

Nordic American Offshore Ltd is scheduled to release their next quarterly earnings announcement on Monday, November, 13th 2017. View Earnings Estimates for Nordic American Offshore Ltd.

Are investors shorting Nordic American Offshore Ltd?

Nordic American Offshore Ltd saw a decline in short interest in the month of July. As of July 31st, there was short interest totalling 3,211,888 shares, a decline of 3.8% from the July 14th total of 3,340,318 shares. Based on an average daily trading volume, of 122,594 shares, the days-to-cover ratio is presently 26.2 days. Approximately 10.1% of the company's shares are short sold.

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

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 DnB Asset Management AS (36.84%), Shah Capital Management (1.86%), Laurion Capital Management LP (0.98%), WealthTrust Axiom LLC (0.49%), UBS Oconnor LLC (1.06%) and Highland Capital Management LLC (0.16%). View Institutional Ownership Trends for Nordic American Offshore Ltd.

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 UBS Oconnor LLC, Laurion Capital Management LP and WealthTrust Axiom LLC. View Insider Buying and Selling for Nordic American Offshore Ltd.

Who bought Nordic American Offshore Ltd stock? Who is buying Nordic American Offshore Ltd stock?

Nordic American Offshore Ltd's stock was bought by a variety of institutional investors in the last quarter, including Shah Capital Management, DnB Asset Management AS and Highland Capital Management LLC. View Insider Buying and Selling for Nordic American Offshore Ltd.

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.

What is Nordic American Offshore Ltd's stock price today?

One share of Nordic American Offshore Ltd stock can currently be purchased for approximately $1.47.


MarketBeat Community Rating for Nordic American Offshore Ltd (NYSE NAO)
Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  51 (Vote Outperform)
Underperform Votes:  75 (Vote Underperform)
Total Votes:  126
MarketBeat's community ratings are surveys of what our community members think about Nordic American Offshore Ltd and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Nordic American Offshore Ltd (NYSE:NAO) (How are Consensus Ratings Calculated?)
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:
No equities research coverage for this company has been tracked by MarketBeat.com

Earnings

Earnings History for Nordic American Offshore Ltd (NYSE:NAO)
Earnings by Quarter for Nordic American Offshore Ltd (NYSE:NAO)
Earnings History by Quarter for Nordic American Offshore Ltd (NYSE NAO)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/13/2017N/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
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nordic American Offshore Ltd (NYSE:NAO)
2017 EPS Consensus Estimate: ($0.69)
2018 EPS Consensus Estimate: ($0.56)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171($0.27)($0.27)($0.27)
Q2 20171($0.14)($0.14)($0.14)
Q3 20171($0.14)($0.14)($0.14)
Q4 20171($0.14)($0.14)($0.14)
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)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nordic American Offshore Ltd (NYSE:NAO)
Most Recent Dividend:8/31/2017
Annual Dividend:$0.08
Dividend Yield:5.44%
Dividend Growth:0.00% (3 Year Average)
Payout Ratio:-6.35% (Trailing 12 Months of Earnings)
Dividend Payments by Quarter for Nordic American Offshore Ltd (NYSE:NAO)

Dividend History by Quarter for Nordic American Offshore Ltd (NYSE NAO)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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$0.096.74%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 American Offshore Ltd (NYSE:NAO)
Institutional Ownership Percentage: 26.67%
Insider Trades by Quarter for Nordic American Offshore Ltd (NYSE:NAO)
Institutional Ownership by Quarter for Nordic American Offshore Ltd (NYSE:NAO)
Insider Trades by Quarter for Nordic American Offshore Ltd (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 American Offshore Ltd (NYSE:NAO)
Latest Headlines for Nordic American Offshore Ltd (NYSE:NAO)
Source:
DateHeadline
finance.yahoo.com logoNordic 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
americanbankingnews.com logoCritical Contrast: Nordic American Offshore (NAO) versus Overseas Shipholding Group (OSG)
www.americanbankingnews.com - September 9 at 2:09 PM
globenewswire.com logoNordic American Offshore Ltd. (NYSE: NAO) - New CFO appointed for NAT and NAO. - GlobeNewswire (press release)
globenewswire.com - September 3 at 1:00 AM
reuters.com logoBRIEF-Nordic American Offshore: New CFO appointed for NAT and NAO - Reuters
www.reuters.com - September 3 at 1:00 AM
streetinsider.com logoNordic American Tankers (NAT) / Nordic American Offshore (NAO) Appoint Bjem Glaever as New CFI
www.streetinsider.com - September 2 at 7:59 PM
reuters.com logoBRIEF-Nordic American Offshore: New CFO appointed for NAT and NAO
www.reuters.com - September 2 at 6:35 AM
seekingalpha.com logoNordic American Tanker, Nordic American Offshore name Giaever as CFO
seekingalpha.com - September 2 at 6:35 AM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE: NAO) - New CFO appointed for NAT and NAO.
finance.yahoo.com - September 2 at 6:34 AM
finance.yahoo.com logoETFs with exposure to Nordic American Offshore Ltd. : August 25, 2017
finance.yahoo.com - August 26 at 7:35 AM
americanbankingnews.com logoNordic American Offshore Ltd (NAO) Short Interest Update
www.americanbankingnews.com - August 22 at 11:10 PM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - Improved Market Conditions.
finance.yahoo.com - August 21 at 8:14 PM
finance.yahoo.com logoNordic American Offshore Ltd. :NAO-US: Earnings Analysis: Q2, 2017 By the Numbers : August 16, 2017
finance.yahoo.com - August 17 at 6:02 AM
americanbankingnews.com logoEagle Bulk Shipping (EGLE) versus Nordic American Offshore (NAO) Critical Review
www.americanbankingnews.com - August 16 at 12:22 AM
americanbankingnews.com logoCritical Analysis: Nordic American Offshore (NAO) and Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK)
www.americanbankingnews.com - August 15 at 4:10 PM
thestreet.com logoNordic American Offshore About To Put More Money In Your Pocket (NAO)
www.thestreet.com - August 12 at 6:09 AM
nasdaq.com logoNordic American Tankers Limited (NYSE:NAT) - 2Q2017 Earnings Report. NAT is a strong company with focus on ... - Nasdaq
www.nasdaq.com - August 9 at 2:28 AM
americanbankingnews.com logoZacks: Analysts Anticipate Nordic American Offshore Ltd (NYSE:NAO) to Announce -$0.13 EPS
www.americanbankingnews.com - August 7 at 6:20 PM
americanbankingnews.com logoNordic American Offshore Ltd (NYSE:NAO) to Issue $0.02 Quarterly Dividend
www.americanbankingnews.com - August 4 at 11:54 AM
nasdaq.com logoNordic American Offshore Ltd. (NYSE:NAO) - 2Q2017 Dividend and Earnings Report. NAO is in a solid financial ... - Nasdaq
www.nasdaq.com - August 3 at 6:09 AM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) - 2Q2017 Dividend and Earnings Report. NAO is in a solid financial condition.
finance.yahoo.com - August 3 at 6:09 AM
finance.yahoo.com logoNordic American reports 2Q loss
finance.yahoo.com - August 3 at 6:09 AM
americanbankingnews.com logoHead-To-Head Contrast: Euronav NV (EURN) vs. Nordic American Offshore (NAO)
www.americanbankingnews.com - July 28 at 8:25 PM
americanbankingnews.com logoCritical Comparison: Eagle Bulk Shipping (EGLE) vs. Nordic American Offshore (NAO)
www.americanbankingnews.com - July 27 at 10:33 PM
americanbankingnews.com logoCritical Comparison: Genco Shipping & Trading Limited Warrants Expiring 12/31/2021 (GNK) vs. Nordic American Offshore (NYSE:NAO)
www.americanbankingnews.com - July 22 at 10:25 AM
nasdaq.com logoNordic American Offshore (NYSE:NAO) - Press release from Nordic American Tankers Limited. - Nasdaq
www.nasdaq.com - July 22 at 6:47 AM
finance.yahoo.com logoNordic American Offshore (NYSE:NAO) - Press release from Nordic American Tankers Limited.
finance.yahoo.com - July 22 at 6:47 AM
americanbankingnews.com logoHead to Head Analysis: Nordic American Offshore (NAO) versus Euronav NV (EURN)
www.americanbankingnews.com - July 18 at 9:40 AM
reuters.com logoBRIEF-Nordic American Offshore on Tradewinds article says NAO has no discussions with SEC
www.reuters.com - July 13 at 7:10 AM
feeds.benzinga.com logoNordic American Offshore Ltd. (NYSE:NAO) - comments to an article in Tradewinds
feeds.benzinga.com - July 13 at 5:34 AM
feeds.benzinga.com logoNordic American Offshore Ltd. (NYSE:NAO) - the immediate Hansson family increases its holding in NAO to 10.8%.
feeds.benzinga.com - July 12 at 12:44 PM
americanbankingnews.com logoNordic American Offshore Ltd (NYSE:NAO) Downgraded to "Hold" at Zacks Investment Research
www.americanbankingnews.com - July 9 at 10:58 PM
americanbankingnews.com logoMatson (MATX) versus Nordic American Offshore (NAO) Head-To-Head Review
www.americanbankingnews.com - June 29 at 7:50 AM
americanbankingnews.com logoZacks Investment Research Upgrades Nordic American Offshore Ltd (NAO) to Buy
www.americanbankingnews.com - June 24 at 7:10 AM
americanbankingnews.com logoSeaport Global Securities Weighs in on Nordic American Offshore Ltd's Q2 2017 Earnings (NAO)
www.americanbankingnews.com - June 23 at 7:52 AM
americanbankingnews.com logoSeaport Global Securities Comments on Nordic American Offshore Ltd's Q1 2019 Earnings (NAO)
www.americanbankingnews.com - June 22 at 2:32 PM
finance.yahoo.com logoWill Nordic American Offshore (NAO) Continue to Surge Higher?
finance.yahoo.com - June 7 at 8:50 AM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) Announces receipt of notices from the NYSE which have been corrected
finance.yahoo.com - June 6 at 9:06 AM
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

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Chart

Nordic American Offshore Ltd (NAO) Chart for Wednesday, September, 20, 2017

This page was last updated on 9/20/2017 by MarketBeat.com Staff