NYSE:NAO - Nordic American Offshore Stock Price, News, & Analysis

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$3.38 -0.03 (-0.88 %)
(As of 02/17/2019 04:00 PM ET)
Previous Close$3.38
Today's Range$3.31 - $3.5333
52-Week Range$2.90 - $13.00
Volume22,133 shs
Average Volume23,753 shs
Market Capitalization$20.95 million
P/E RatioN/A
Dividend Yield8.80%
Beta-0.06
Nordic American Offshore Ltd. owns and operates platform supply vessels (PSVs). As of December 31, 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
CUSIPN/A
Phone473-342-7300

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$16.08 million
Book Value$40.05 per share

Profitability

Net Income$-29,320,000.00
Net Margins-211.28%

Miscellaneous

EmployeesN/A
Market Cap$20.95 million
OptionableOptionable

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 $0.10 per share on Friday, June 8th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 11.83%. The ex-dividend date of this dividend is Thursday, May 24th. This is an increase from Nordic American Offshore's previous quarterly dividend of $0.02. View Nordic American Offshore's Dividend History.

When did Nordic American Offshore's stock split? How did Nordic American Offshore's stock split work?

Nordic American Offshore's stock reverse split on Monday, January 28th 2019. The 1-10 reverse split was announced on Wednesday, January 23rd 2019. The number of shares owned by shareholders was adjusted after the closing bell on Friday, January 25th 2019. An investor that had 100 shares of Nordic American Offshore stock prior to the reverse split would have 10 shares after the split.

How were Nordic American Offshore's earnings last quarter?

Nordic American Offshore Ltd (NYSE:NAO) issued its quarterly earnings results on Monday, November, 14th. The shipping company reported ($4.20) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($4.00) by $0.20. The shipping company earned $3.96 million during the quarter, compared to analysts' expectations of $5.40 million. Nordic American Offshore had a negative return on equity of 13.89% and a negative net margin of 211.28%. During the same period last year, the company earned ($1.30) earnings per share. 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 Wednesday, February 27th 2019. View Earnings Estimates for Nordic American Offshore.

Has Nordic American Offshore been receiving favorable news coverage?

Media stories about NAO stock have trended negative on Sunday, according to InfoTrie Sentiment. The research group identifies positive and negative press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nordic American Offshore earned a coverage optimism score of -2.8 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the stock's share price in the near term.

Are investors shorting Nordic American Offshore?

Nordic American Offshore saw a drop in short interest during the month of January. As of January 31st, there was short interest totalling 180,274 shares, a drop of 88.8% from the January 15th total of 1,615,455 shares. Based on an average trading volume of 39,731 shares, the days-to-cover ratio is currently 4.5 days. Currently, 4.8% of the company's shares are sold short. View Nordic American Offshore's Current Options Chain.

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. Emanuele A. Lauro, CEO & Chairman (Age 40)
  • Mr. Robert L. Bugbee, Pres & Director (Age 59)
  • Mr. Bjørn Giaever, CFO & Sec. (Age 52)
  • Mr. Cameron Mackey, Chief Operating Officer (Age 51)
  • Mr. Frithjof Bettum, Sr. VP of Technical Operations (Age 57)

Who are Nordic American Offshore's major shareholders?

Nordic American Offshore's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Mackenzie Financial Corp (155.92%), Pzena Investment Management LLC (14.50%), WealthTrust Axiom LLC (4.07%) and Wedbush Securities Inc. (0.94%). View Institutional Ownership Trends for Nordic American Offshore.

Which major investors are selling Nordic American Offshore stock?

NAO stock was sold by a variety of institutional investors in the last quarter, including Pzena Investment Management LLC, WealthTrust Axiom LLC and Wedbush Securities Inc.. View Insider Buying and Selling for Nordic American Offshore.

Which major investors are buying Nordic American Offshore stock?

NAO stock was purchased by a variety of institutional investors in the last quarter, including Mackenzie Financial Corp. View Insider Buying and Selling for Nordic American Offshore.

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 $3.38.

How big of a company is Nordic American Offshore?

Nordic American Offshore has a market capitalization of $20.95 million and generates $16.08 million in revenue each year.

What is Nordic American Offshore's official website?

The official website for Nordic American Offshore is http://www.nao.bm.

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 (NYSE NAO)

Community Ranking:  2.3 out of 5 (star star)
Outperform Votes:  141 (Vote Outperform)
Underperform Votes:  168 (Vote Underperform)
Total Votes:  309
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.
This page was last updated on 2/17/2019 by MarketBeat.com Staff

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