Nordic American Tankers Company Profile (NYSE:NAT)

About Nordic American Tankers

Nordic American Tankers logoNordic American Tankers Limited is an international tanker company. The Company owns approximately 30 vessels. The Company's Suezmaxes tankers can carry over one million barrels of oil. The vessels in the Company's fleet are homogenous and interchangeable. The Company's vessels are employed in the spot market. The Company's vessels include Nordic Harrier, Nordic Hawk, Nordic Hunter, Nordic Voyager, Nordic Fighter, Nordic Freedom, Nordic Discovery, Nordic Saturn, Nordic Jupiter, Nordic Moon, Nordic Apollo, Nordic Cosmos, Nordic Sprite, Nordic Mistral, Nordic Passat, Nordic Vega, Nordic Breeze, Nordic Zenith, Nordic Sprinter, Nordic Skier and Nordic Light.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: Oil & Gas Storage & Transportation
  • Exchange: NYSE
  • Symbol: NAT
  • CUSIP: G6577310
Key Metrics:
  • Previous Close: $10.12
  • 50 Day Moving Average: $10.73
  • 200 Day Moving Average: $13.34
  • 52-Week Range: $9.85 - $17.02
  • Trailing P/E Ratio: 9.17
  • Foreward P/E Ratio: 31.63
  • P/E Growth: 0.00
  • Market Cap: $902.12M
  • Outstanding Shares: 89,319,000
  • Beta: 1.21
Profitability:
  • Net Margins: 34.79%
  • Return on Equity: 11.28%
  • Return on Assets: 8.00%
Debt:
  • Debt-to-Equity Ratio: 0.45%
  • Current Ratio: 4.83%
  • Quick Ratio: 4.02%
Additional Links:
Companies Related to Nordic American Tankers:

Analyst Ratings

Consensus Ratings for Nordic American Tankers (NYSE:NAT) (?)
Ratings Breakdown: 2 Sell Ratings, 2 Hold Ratings
Consensus Rating:Hold (Score: 1.50)
Consensus Price Target: $11.00 (8.70% upside)

Analysts' Ratings History for Nordic American Tankers (NYSE:NAT)
Show:
DateFirmActionRatingPrice TargetDetails
9/12/2016Jefferies GroupReiterated RatingSellView Rating Details
8/26/2016Morgan StanleyReiterated RatingEqual Weight$12.00 -> $9.00View Rating Details
6/30/2016ABN AmroDowngradeBuy -> SellView Rating Details
5/4/2016Seaport Global SecuritiesDowngradeBuy -> Neutral$16.00View Rating Details
8/12/2015Eurobank EFGUpgradeBuyView Rating Details
(Data available from 9/29/2014 forward)

Earnings

Earnings History for Nordic American Tankers (NYSE:NAT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
11/10/2016        
8/8/2016Q2$0.13$0.15$60.60 millionViewN/AView Earnings Details
5/9/2016Q1$0.31$0.33$74.98 millionViewN/AView Earnings Details
2/8/2016Q415$0.45$0.34$86.42 million$77.40 millionViewN/AView Earnings Details
11/11/2015Q315$0.27$0.29$66.59 millionViewN/AView Earnings Details
8/10/2015Q215$0.35$0.35$66.91 millionViewN/AView Earnings Details
5/11/2015Q1$0.27$0.34$71.61 millionViewN/AView Earnings Details
2/9/2015Q4$0.08$0.01$49.40 millionViewN/AView Earnings Details
11/10/2014Q314($0.11)$0.01$34.30 million$40.91 millionViewN/AView Earnings Details
10/30/2014($0.09)$0.12$36.03 million$14.30 millionViewN/AView Earnings Details
8/11/2014Q214($0.17)$0.23$25.84 million$22.62 millionViewN/AView Earnings Details
5/12/2014Q114$0.16$0.05$45.13 million$45.02 millionViewN/AView Earnings Details
2/10/2014Q413($0.31)($0.31)$20.36 million$20.44 millionViewN/AView Earnings Details
11/11/2013Q313($0.27)($0.29)$22.71 millionViewN/AView Earnings Details
5/13/2013Q1 2013($0.28)($0.43)$28.77 million$17.27 millionViewN/AView Earnings Details
11/15/2012Q312($0.33)($0.44)ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Nordic American Tankers (NYSE:NAT)
Current Year EPS Consensus Estimate: $0.52 EPS
Next Year EPS Consensus Estimate: $0.32 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.33$0.42$0.38
Q2 20162$0.12$0.18$0.15
Q3 20162($0.16)($0.10)($0.13)
Q4 20162$0.19$0.27$0.23
Q1 20171$0.18$0.18$0.18
Q2 20171$0.17$0.17$0.17
Q3 20171$0.18$0.18$0.18
Q4 20171$0.17$0.17$0.17
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nordic American Tankers (NYSE:NAT)
Annual Dividend:$1.00
Dividend Yield:9.88%
Dividend Growth:4.80% (3 Year Average)
Payout Ratio:90.09% (Based on Trailing 12 Months of Earnings)
192.31% (Based on Current Year Consensus EPS Estimate)
312.50% (Based on Next Year Consensus EPS Estimate)
Track Record:2 Years of Consecutive Dividend Growth

Dividend History for Nordic American Tankers (NYSE:NAT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
7/28/2016Quarterly$0.258/15/20168/17/20168/31/2016
4/26/2016quarterly$0.4311.52%5/10/20165/12/20165/27/2016
1/14/2016quarterly$0.4312.9%1/25/20161/27/20162/10/2016
10/15/2015quarterly$0.389.73%10/27/201510/29/201511/12/2015
7/16/2015quarterly$0.409.63%7/27/20157/29/20158/12/2015
4/15/2015quarterly$0.3812.03%5/5/20155/7/20155/21/2015
1/9/2015quarterly$0.227.58%1/20/20151/22/20152/9/2015
10/7/2014quarterly$0.147.12%10/20/201410/22/201411/5/2014
7/21/2014quarterly$0.135.09%7/23/20147/25/20148/11/2014
7/11/2014quarterly$0.125.51%7/23/20147/25/20148/12/2014
4/2/2014$0.235/13/20145/15/20145/27/2014
4/2/2014quarterly$0.239.24%5/13/20145/15/20145/25/2014
1/27/2014quarterly$0.124.27%2/18/20142/20/20143/3/2014
10/21/2013$0.1611/26/201311/29/201312/11/2013
10/16/2013quarterly$0.167.59%11/18/201311/20/201312/2/2013
7/9/2013quarterly$0.167.97%7/29/20137/31/20138/13/2013
4/16/2013quarterly$0.167.03%4/26/20134/30/20135/14/2013
1/17/2013quarterly$0.161/30/20132/13/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Nordic American Tankers (NYSE:NAT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Nordic American Tankers (NYSE:NAT)
DateHeadline
marketrealist.com logoRussia Dominates as China’s Crude Oil Exporter: The Impact (NYSE:NAT)
marketrealist.com - September 29 at 11:27 AM
publicnow.com logoPress release from Nordic American Tankers (NYSE:NAT): Nordic American Offshore (NYSE:NAO) - Increased ownership by the Hansson family (NYSE:NAT)
www.publicnow.com - September 28 at 6:03 PM
News IconWorth Watching Stocks Intraday Alert: Oasis Petroleum Inc. (NYSE:OAS), Nordic American Tanker Ltd (NYSE:NAT) - NYSE Journal (press release) (NYSE:NAT)
stockznews.com - September 28 at 11:21 AM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) Announces Pricing of Public Offering - Yahoo Finance (NYSE:NAT)
finance.yahoo.com - September 28 at 11:21 AM
News IconActive Stocks in 'How' and 'Why'- Nordic American Tankers (NYSE:NAT), Kite Pharma (NASDAQ:KITE), Amgen ... - Seneca Globe (NYSE:NAT)
www.senecaglobe.com - September 27 at 10:54 AM
globenewswire.com logoNordic American Tankers Limited (NYSE:NAT) Announces Public Offering - GlobeNewswire (press release) (NYSE:NAT)
globenewswire.com - September 27 at 10:54 AM
publicnow.com logoNordic American Tankers Limited (NYSE:NAT) Announces Pricing of Public Offering (NYSE:NAT)
www.publicnow.com - September 27 at 10:54 AM
insidermonkey.com logoWhy Investors Are Buzzing About Williams Companies, Twitter, Walt Disney, and Two More Today (NYSE:NAT)
www.insidermonkey.com - September 27 at 10:54 AM
News IconNordic American Tankers Limited (NYSE:NAT) Announces Public ... - EconoTimes (NYSE:NAT)
www.econotimes.com - September 26 at 6:22 PM
publicnow.com logoNordic American Tankers Limited (NYSE:NAT) Announces Public Offering (NYSE:NAT)
www.publicnow.com - September 26 at 6:22 PM
feeds.reuters.com logoBRIEF-Nordic American Tankers announces public offering (NYSE:NAT)
feeds.reuters.com - September 26 at 5:27 PM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) Announcement of move to Bermuda (NYSE:NAT)
finance.yahoo.com - September 26 at 10:59 AM
investornewswire.com logoBullish Target For Nordic American Tankers Limited (NYSE:NAT) At $14 - Investor Newswire (NYSE:NAT)
www.investornewswire.com - September 24 at 5:47 PM
mysmartrend.com logoNordic American Tanker Shipping Shares Down 23.7% Since SmarTrend's Sell Call (NAT) (NYSE:NAT)
www.mysmartrend.com - September 20 at 11:33 AM
capitalcube.com logoETF’s with exposure to Nordic American Tankers Ltd. : September 16, 2016 (NYSE:NAT)
www.capitalcube.com - September 16 at 6:05 PM
thestreet.com logoCramer: The IEA's Influence Is Driving Me Crazy (NYSE:NAT)
realmoney.thestreet.com - September 14 at 10:37 AM
News IconPost Earnings Coverage as Tsakos Bottom Line Surprises Market (NYSE:NAT)
news.investornetwork.com - September 14 at 10:37 AM
marketrealist.com logoEverything You Need to Know about Tsakos’s Dividends (NYSE:NAT)
marketrealist.com - September 14 at 10:37 AM
mysmartrend.com logoNordic American Tanker Shipping Shares Down 24.7% Since SmarTrend's Sell Call (NAT) (NYSE:NAT)
www.mysmartrend.com - September 12 at 6:03 PM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) - Newbuilding suezmax tanker delivered, bolstering earnings potential. - Yahoo Finance (NYSE:NAT)
finance.yahoo.com - September 10 at 5:43 PM
News IconSuezmax Delivered to Nordic American Tankers (NYSE:NAT)
www.marinelink.com - September 8 at 6:04 PM
News IconNAT Expands Fleet with New Tanker (NYSE:NAT)
worldmaritimenews.com - September 8 at 10:08 AM
News IconNordic American Tankers Limited (NYSE:NAT) – Newbuilding suezmax tanker delivered, bolstering earnings potential (NYSE:NAT)
www.hellenicshippingnews.com - September 8 at 10:08 AM
finance.yahoo.com logo3:54 am Nordic American Tanker takes delivery of the Nordic Star; to be employed immediately (NYSE:NAT)
finance.yahoo.com - September 8 at 10:08 AM
publicnow.com logoNordic American Tankers Limited (NYSE:NAT) - Newbuilding suezmax tanker delivered, bolstering earnings potential. (NYSE:NAT)
www.publicnow.com - September 8 at 10:08 AM
News IconGulf Navigation Settles Debt with Nordic American Tankers (NYSE:NAT)
worldmaritimenews.com - September 6 at 11:01 AM
News IconNAT Names 2 New Tankers in South Korea (NYSE:NAT)
www.marinelink.com - August 31 at 11:23 AM
wsj.com logoNordic American Tankers Ltd. (NYSE:NAT)
quotes.wsj.com - August 31 at 11:23 AM
News IconNordic American Tankers Names Two New Suezmaxes (NYSE:NAT)
worldmaritimenews.com - August 31 at 11:23 AM
marketrealist.com logoDecoding the Fall in Crude Tanker Rates (NYSE:NAT)
marketrealist.com - August 31 at 11:23 AM
News IconStock Gapping Up Before the Bell: Nordic American Tankers Limited (NYSE:NAT) - Post News (NYSE:NAT)
www.kentuckypostnews.com - August 30 at 6:22 PM
News IconShares Holding Above Moving Averages: Nordic American Tankers Limited (NYSE:NAT) - Post News (NYSE:NAT)
www.kentuckypostnews.com - August 30 at 6:22 PM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) - Delivery of ships - Yahoo Finance (NYSE:NAT)
finance.yahoo.com - August 30 at 6:22 PM
globenewswire.com logoNordic American Tankers Limited (NYSE:NAT) – Letter to shareholders from the ... (NYSE:NAT)
globenewswire.com - August 30 at 9:41 AM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) – Delivery of ships (NYSE:NAT)
finance.yahoo.com - August 30 at 9:41 AM
publicnow.com logoNordic American Tankers Limited (NYSE:NAT) - Delivery of ships (NYSE:NAT)
www.publicnow.com - August 30 at 9:41 AM
capitalcube.com logoETF’s with exposure to Nordic American Tankers Ltd. : August 29, 2016 (NYSE:NAT)
www.capitalcube.com - August 29 at 6:11 PM
News IconNordic American Tankers Ltd. (NYSE: NAT) Stock Rating Reiterated at Morgan Stanley - BNB Daily (blog) (NYSE:NAT)
www.baseball-news-blog.com - August 29 at 10:51 AM
mysmartrend.com logoNordic American Tanker Shipping Down 26.7% Since SmarTrend Downtrend Call (NAT) (NYSE:NAT)
www.mysmartrend.com - August 26 at 9:25 AM
prnewswire.com logoTechnical Roundup on Shipping Stocks -- Nordic American Tankers, Frontline, Navios Maritime, and Capital Product ... - PR Newswire (press release) (NYSE:NAT)
www.prnewswire.com - August 25 at 11:29 AM
marketrealist.com logoWhere Do Analysts See Frontline’s Earnings in Upcoming Quarters? (NYSE:NAT)
marketrealist.com - August 25 at 11:29 AM
seekingalpha.com logoThe Response To The Open Letter From The Management Of Nordic American Tankers (NYSE:NAT)
seekingalpha.com - August 24 at 6:08 PM
seekingalpha.com logoThe Response To The Open Letter From The Management Of Nordic American Tankers - Seeking Alpha (NYSE:NAT)
seekingalpha.com - August 24 at 9:28 AM
News IconCorrections Corp Of America (NYSE:CXW) & Nordic American Tanker (NYSE:NAT) Watch List - Money News (press release) (NYSE:NAT)
www.newsismoney.com - August 23 at 10:48 AM
nasdaq.com logoNordic American Tankers Limited (NYSE:NAT) the Chairman & CEO ... - Nasdaq (NYSE:NAT)
www.nasdaq.com - August 23 at 10:48 AM
seekingalpha.com logoNordic American Tankers responds to SA article (NYSE:NAT)
seekingalpha.com - August 20 at 10:26 AM
nasdaq.com logoNordic American Tankers Limited (NYSE:NAT) Our reaction to an article in Seeking Alpha. (NYSE:NAT)
www.nasdaq.com - August 20 at 10:26 AM
globenewswire.com logoNordic American Tankers Limited (NYSE:NAT) Our reaction to an article in Seeking Alpha. - GlobeNewswire (press release) (NYSE:NAT)
globenewswire.com - August 19 at 6:17 PM
mysmartrend.com logoNordic American Tanker Shipping Has Returned 20.3% Since SmarTrend Recommendation (NAT) (NYSE:NAT)
www.mysmartrend.com - August 18 at 6:30 PM
4-traders.com logoNordic American Tankers Limited (NYSE:NAT) the Chairman & CEO and his family increase its holding in NAT (NYSE:NAT)
www.4-traders.com - August 18 at 6:30 PM

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Nordic American Tankers (NYSE:NAT) Chart for Thursday, September, 29, 2016


Last Updated on 9/29/2016 by MarketBeat.com Staff