Nordic American Tanker Ltd Company Profile (NYSE:NAT)

About Nordic American Tanker Ltd (NYSE:NAT)

Nordic American Tanker Ltd logoNordic American Tankers Limited is an international tanker company. The Company owns approximately 26 vessels, including approximately two new buildings under construction, of approximately 156,000 deadweight tonnage (dwt) each. 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
  • Symbol: NYSE:NAT
  • CUSIP: G6577310
  • Web: www.nat.bm
Capitalization:
  • Market Cap: $717.86 million
  • Outstanding Shares: 101,969,000
Average Prices:
  • 50 Day Moving Avg: $7.84
  • 200 Day Moving Avg: $8.34
  • 52 Week Range: $6.51 - $16.07
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 22.71
  • P/E Growth: 9.39
Sales & Book Value:
  • Annual Revenue: $335.91 million
  • Price / Sales: 2.14
  • Book Value: $8.31 per share
  • Price / Book: 0.85
Dividend:
  • Annual Dividend: $0.80
  • Dividend Yield: 11.4%
Profitability:
  • EBIDTA: $113.6 million
  • Net Margins: 13.88%
  • Return on Equity: 3.71%
  • Return on Assets: 2.51%
Debt:
  • Debt-to-Equity Ratio: 0.47%
  • Current Ratio: 10.24%
  • Quick Ratio: 9.25%
Misc:
  • Average Volume: 1.24 million shs.
  • Beta: 1.2
  • Short Ratio: 13.23
 

Frequently Asked Questions for Nordic American Tanker Ltd (NYSE:NAT)

What is Nordic American Tanker Ltd's stock symbol?

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

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

Nordic American Tanker Ltd declared a quarterly dividend on Thursday, April 20th. Investors of record on Monday, May 22nd will be given a dividend of $0.20 per share on Thursday, June 8th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 11.36%. The ex-dividend date is Thursday, May 18th. View Nordic American Tanker Ltd's Dividend History.

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

Nordic American Tanker Ltd (NYSE:NAT) announced its earnings results on Monday, May, 8th. The company reported ($0.01) EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.03 by $0.04. The business had revenue of $55.20 million for the quarter, compared to analysts' expectations of $55.53 million. Nordic American Tanker Ltd had a return on equity of 3.71% and a net margin of 13.88%. The company's revenue was down 28.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.33 earnings per share. View Nordic American Tanker Ltd's Earnings History.

Where is Nordic American Tanker Ltd's stock going? Where will Nordic American Tanker Ltd's stock price be in 2017?

7 equities research analysts have issued twelve-month target prices for Nordic American Tanker Ltd's stock. Their predictions range from $5.00 to $10.00. On average, they anticipate Nordic American Tanker Ltd's share price to reach $7.50 in the next year. View Analyst Ratings for Nordic American Tanker Ltd.

What are analysts saying about Nordic American Tanker Ltd stock?

Here are some recent quotes from research analysts about Nordic American Tanker Ltd stock:

  • 1. According to Zacks Investment Research, "NORDIC AMERICAN is engaged of acquiring, disposing, owning, leasing, and chartering three double hull Suezmax oil tankers. " (4/26/2017)
  • 2. Maxim Group analysts commented, "We are lowering our rate forecasts and estimates for NAT through 2018." (4/21/2017)

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

Who owns Nordic American Tanker Ltd stock?

Nordic American Tanker Ltd's stock is owned by many different of retail and institutional investors. Top institutional investors include Morgan Stanley (3.20%), Van Den Berg Management I Inc. (1.09%), Global X Management Co. LLC (1.03%), WealthTrust Axiom LLC (0.61%), Vanguard Group Inc. (0.55%) and UBS Group AG (0.45%). View Institutional Ownership Trends for Nordic American Tanker Ltd.

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

Nordic American Tanker Ltd's stock was sold by a variety of institutional investors in the last quarter, including Vanguard Group Inc., Cipher Capital LP, Bank of New York Mellon Corp, Credit Suisse AG, Morgan Stanley, Bank of Montreal Can, TIAA CREF Investment Management LLC and Bank of America Corp DE. View Insider Buying and Selling for Nordic American Tanker Ltd.

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

Nordic American Tanker Ltd's stock was purchased by a variety of institutional investors in the last quarter, including Van Den Berg Management I Inc., Global X Management Co. LLC, Wells Fargo & Company MN, Shelton Capital Management, First Financial Equity Corporation, WealthTrust Axiom LLC, RPG Investment Advisory LLC and Carl Domino Inc. View Insider Buying and Selling for Nordic American Tanker Ltd.

How do I buy Nordic American Tanker Ltd stock?

Shares of Nordic American Tanker 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 Tanker Ltd stock cost?

One share of Nordic American Tanker Ltd stock can currently be purchased for approximately $7.04.

Analyst Ratings

Consensus Ratings for Nordic American Tanker Ltd (NYSE:NAT) (?)
Ratings Breakdown: 3 Sell Ratings, 4 Hold Ratings
Consensus Rating:Hold (Score: 1.57)
Consensus Price Target: $7.50 (6.53% upside)

Analysts' Ratings History for Nordic American Tanker Ltd (NYSE:NAT)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/15/2017Maxim GroupLower Price TargetSell$6.00 -> $5.00LowView Rating Details
5/8/2017Jefferies Group LLCReiterated RatingSell$7.00 -> $5.00HighView Rating Details
2/22/2017Credit Suisse Group AGReiterated RatingNeutralN/AView Rating Details
2/7/2017Morgan StanleyLower Price TargetEqual Weight$9.00 -> $8.50N/AView Rating Details
11/16/2016Wells Fargo & CoInitiated CoverageMarket PerformN/AView Rating Details
10/3/2016Clarkson CapitalDowngradeBuy -> Neutral$15.00 -> $10.00N/AView Rating Details
6/30/2016ABN AmroDowngradeBuy -> SellN/AView Rating Details
5/4/2016Seaport Global SecuritiesDowngradeBuy -> Neutral$16.00N/AView Rating Details
8/12/2015Eurobank EFGUpgradeBuyN/AView Rating Details
(Data available from 5/23/2015 forward)

Earnings

Earnings History for Nordic American Tanker Ltd (NYSE:NAT)
Earnings by Quarter for Nordic American Tanker Ltd (NYSE:NAT)
Earnings History by Quarter for Nordic American Tanker Ltd (NYSE:NAT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/20173/31/2017$0.03($0.01)$55.53 million$55.20 millionViewN/AView Earnings Details
2/6/201712/31/2016$0.01($0.02)$52.49 million$52.54 millionViewListenView Earnings Details
11/10/2016Q316($0.15)($0.08)$39.54 million$45.86 millionViewN/AView Earnings Details
8/8/2016Q2$0.13$0.15$62.73 million$61.65 millionViewN/AView Earnings Details
5/9/2016Q1$0.31$0.33$78.08 million$76.73 millionViewN/AView Earnings Details
2/8/2016Q415$0.46$0.34$86.42 million$77.40 millionViewN/AView Earnings Details
11/11/2015Q315$0.27$0.29$69.92 million$66.67 millionViewN/AView Earnings Details
8/10/2015Q215$0.35$0.35$69.85 million$73.46 millionViewN/AView Earnings Details
5/11/2015Q1$0.27$0.34$73.06 million$69.56 millionViewN/AView Earnings Details
2/9/2015Q4$0.09$0.01$48.58 million$43.07 millionViewN/AView Earnings Details
11/10/2014Q314($0.06)$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)($0.19)$25.84 million$22.62 millionViewN/AView Earnings Details
5/12/2014Q114$0.15$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 Tanker Ltd (NYSE:NAT)
2017 EPS Consensus Estimate: ($0.33)
2018 EPS Consensus Estimate: $0.42
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.01$0.01$0.01
Q2 20172($0.18)($0.11)($0.15)
Q3 20172($0.27)($0.08)($0.18)
Q4 20172($0.02)($0.01)($0.02)
Q1 20181$0.08$0.08$0.08
Q2 20181$0.09$0.09$0.09
Q3 20181$0.13$0.13$0.13
Q4 20181$0.12$0.12$0.12
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nordic American Tanker Ltd (NYSE:NAT)
Next Dividend:6/8/2017
Annual Dividend:$0.80
Dividend Yield:11.36%
Dividend Growth:28.90% (3 Year Average)
Payout Ratio:210.53% (Trailing 12 Months of Earnings)
-470.59% (Based on This Year's Estimates)
258.06% (Based on Next Year's Estimates)
Dividend Payments by Quarter for Nordic American Tanker Ltd (NYSE:NAT)

Dividend History by Quarter for Nordic American Tanker Ltd (NYSE:NAT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/20/2017quarterly$0.209.55%5/18/20175/22/20176/8/2017
1/23/2017Quarterly$0.209.21%2/8/20172/10/20172/24/2017
10/17/2016Quarterly$0.2610.6%10/25/201610/27/201611/10/2016
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 Tanker Ltd (NYSE:NAT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Nordic American Tanker Ltd (NYSE:NAT)
Latest Headlines for Nordic American Tanker Ltd (NYSE:NAT)
Source:
DateHeadline
nasdaq.com logoNordic American Tankers Limited (NAT) Ex-Dividend Date Scheduled for May 18, 2017 - Nasdaq
www.nasdaq.com - May 18 at 8:16 AM
americanbankingnews.com logo$43.04 Million in Sales Expected for Nordic American Tanker Ltd (NAT) This Quarter
www.americanbankingnews.com - May 17 at 12:00 PM
finance.yahoo.com logoETFs with exposure to Nordic American Tankers Ltd. : May 16, 2017
finance.yahoo.com - May 16 at 6:29 PM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - May 15 at 11:22 AM
finance.yahoo.com logoJefferies Cut Nordic American Tankers’ Target Price
finance.yahoo.com - May 15 at 10:15 AM
americanbankingnews.com logoZacks: Brokerages Expect Nordic American Tanker Ltd (NAT) Will Post Earnings of -$0.06 Per Share
www.americanbankingnews.com - May 15 at 10:06 AM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Expected to Post FY2017 Earnings of ($0.50) Per Share
www.americanbankingnews.com - May 11 at 11:12 AM
americanbankingnews.com logoSeaport Global Securities Comments on Nordic American Tanker Ltd's Q2 2017 Earnings (NAT)
www.americanbankingnews.com - May 11 at 8:10 AM
finance.yahoo.com logoNordic American Tankers Ltd. :NAT-US: Earnings Analysis: Q1, 2017 By the Numbers : May 10, 2017
finance.yahoo.com - May 10 at 12:10 PM
finance.yahoo.com logoPress release from Nordic American Tankers (NYSE:NAT): Nordic American Offshore (NYSE:NAO) - Increased ownership by the Hansson family
finance.yahoo.com - May 9 at 6:23 PM
streetinsider.com logoNordic American Tanker Shipping Ltd. (NAT) PT Lowered to $5 at Jefferies
www.streetinsider.com - May 9 at 11:37 AM
americanbankingnews.com logoSeaport Global Securities Weighs in on Nordic American Tanker Ltd's FY2018 Earnings (NAT)
www.americanbankingnews.com - May 9 at 11:28 AM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Downgraded by Vetr Inc. to "Buy"
www.americanbankingnews.com - May 9 at 12:39 AM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Downgraded by Vetr Inc.
www.americanbankingnews.com - May 9 at 12:18 AM
americanbankingnews.com logoNordic American Tanker's (NAT) "Sell" Rating Reiterated at Jefferies Group LLC
www.americanbankingnews.com - May 8 at 10:16 PM
finanznachrichten.de logoNordic American Tankers Limited: Nordic American Tankers (NYSE:NAT) - Repeat of Earlier Message of Today
www.finanznachrichten.de - May 8 at 6:14 PM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Announces Quarterly Earnings Results, Misses Estimates By $0.02 EPS
www.americanbankingnews.com - May 8 at 2:32 PM
feeds.benzinga.com logoNordic American Tankers (NYSE:NAT) - Repeat of Earlier Message of Today
feeds.benzinga.com - May 8 at 2:01 PM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Price Target Cut to $5.00
www.americanbankingnews.com - May 8 at 12:56 PM
marketbeat.com logoNordic American Tankers posts 1Q loss
marketbeat.com - May 8 at 8:58 AM
seekingalpha.com logoNordic American Tankers misses by $0.06, misses on revenue
seekingalpha.com - May 8 at 7:31 AM
feeds.benzinga.com logoNordic American Tankers' 1Q2017 Report (NYSE:NAT) - The Company is in a solid financial position with a strong cashflow.
feeds.benzinga.com - May 8 at 3:19 AM
nasdaq.com logo5 Shipping Stocks Likely to Beat Estimates in Q1 Earnings - Nasdaq
www.nasdaq.com - May 6 at 12:03 AM
seekingalpha.com logoIs Nordic American Tankers In Trouble?
seekingalpha.com - May 5 at 7:03 PM
finance.yahoo.com logoShould You Buy Nordic American Tankers (NAT) Ahead of Earnings?
finance.yahoo.com - May 5 at 7:03 PM
finance.yahoo.com logoETFs with exposure to Nordic American Tankers Ltd. : May 5, 2017
finance.yahoo.com - May 5 at 7:03 PM
nasdaq.com logoNordic American Tankers Limited (NYSE:NAT) - An Update - Nasdaq
www.nasdaq.com - May 4 at 6:50 PM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) - An Update
finance.yahoo.com - May 4 at 6:50 PM
finance.yahoo.com logoNordic American Tankers Ltd. :NAT-US: Earnings Analysis: Q4, 2016 By the Numbers : May 4, 2017
finance.yahoo.com - May 4 at 6:50 PM
finance.yahoo.com logo5 Shipping Stocks Likely to Beat Estimates in Q1 Earnings
finance.yahoo.com - May 4 at 6:50 PM
americanbankingnews.com logoPositive News Coverage Extremely Likely to Impact Nordic American Tanker (NAT) Stock Price
www.americanbankingnews.com - May 4 at 2:26 PM
finance.yahoo.com logoNordic American Tankers Ltd. breached its 50 day moving average in a Bearish Manner : NAT-US : May 4, 2017
finance.yahoo.com - May 4 at 11:29 AM
globenewswire.com logoNordic American Offshore Ltd. (NYSE:NAO) - 1Q2017 Dividend and Earnings Report - GlobeNewswire (press release)
globenewswire.com - May 3 at 8:16 AM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) - Announcement of filing of its 2016 Annual report on Form 20-F.
finance.yahoo.com - May 2 at 7:55 PM
feeds.benzinga.com logoNordic American Offshore Ltd. (NYSE:NAO) - 1Q2017 Dividend and Earnings Report
feeds.benzinga.com - May 2 at 7:43 AM
americanbankingnews.com logoZacks: Analysts Expect Nordic American Tanker Ltd (NAT) Will Announce Quarterly Sales of $58.31 Million
www.americanbankingnews.com - April 26 at 12:13 PM
americanbankingnews.com logoNordic American Tanker Ltd Expected to Earn Q2 2017 Earnings of ($0.18) Per Share (NAT)
www.americanbankingnews.com - April 26 at 10:04 AM
americanbankingnews.com logoNordic American Tanker (NAT) Receiving Somewhat Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 24 at 9:14 PM
finance.yahoo.com logoChina’s Oil Imports Hit Record High, Benefiting Crude Tankers
finance.yahoo.com - April 24 at 5:49 PM
americanbankingnews.com logo Analysts Expect Nordic American Tanker Ltd (NAT) to Announce $0.06 Earnings Per Share
www.americanbankingnews.com - April 24 at 4:20 PM
forbes.com logoArnold Van Den Berg Buys 3 More Industrial Stocks in 1st Quarter
www.forbes.com - April 21 at 6:38 PM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Earns "Sell" Rating from Maxim Group
www.americanbankingnews.com - April 21 at 9:19 AM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Plans $0.20 Quarterly Dividend
www.americanbankingnews.com - April 20 at 7:08 PM
nasdaq.com logoNordic American Tankers Limited (NYSE:NAT) - Declaration of dividend for the ...
www.nasdaq.com - April 19 at 10:22 AM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) - Declaration of dividend for the 79th consecutive quarter since the autumn of 1997. The dividend for 1Q 2017 - $0.20 per share - is the same as for 4Q2016.
finance.yahoo.com - April 19 at 10:22 AM
seekingalpha.com logoNordic American Tankers declares $0.20 dividend
seekingalpha.com - April 19 at 6:40 AM
americanbankingnews.com logoNordic American Tanker Ltd (NAT) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - April 18 at 12:26 PM
bizjournals.com logoResearch Reports on Shipping Equities -- Top Ships, Golar LNG, Nordic American, and Seaspan
www.bizjournals.com - April 18 at 10:14 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Very Likely to Impact Nordic American Tanker (NAT) Share Price
www.americanbankingnews.com - April 18 at 12:57 AM
finance.yahoo.com logoUS Crude Exports Reached a Record High
finance.yahoo.com - April 17 at 5:58 PM

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Chart

Nordic American Tanker Ltd (NAT) Chart for Tuesday, May, 23, 2017

This page was last updated on 5/23/2017 by MarketBeat.com Staff