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NYSE:NAT

Nordic American Tankers Stock Forecast, Price & News

$1.83
-0.15 (-7.58%)
(As of 12/1/2021 12:30 PM ET)
Add
Compare
Today's Range
$1.83
$1.96
50-Day Range
$1.85
$2.88
52-Week Range
$1.79
$4.05
Volume
65,363 shs
Average Volume
2.93 million shs
Market Capitalization
$314.69 million
P/E Ratio
N/A
Dividend Yield
2.16%
Beta
0.42
30 days | 90 days | 365 days | Advanced Chart
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Nordic American Tankers logo

About Nordic American Tankers

Nordic American Tankers Ltd. operates as an international tanker company. It owns and operates Suezmax crude oil tankers. The company was founded by Herbjorn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda.

Headlines

Nordic American Tankers (NYSE:NAT) Price Target Cut to $2.25
November 24, 2021 |  americanbankingnews.com
What Wall Street expects from Nordic American Tankers's earnings
November 24, 2021 |  markets.businessinsider.com
See More Headlines

Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
G6577310
Employees
20
Year Founded
N/A

Sales & Book Value

Annual Sales
$233.53 million
Cash Flow
$0.67 per share
Book Value
$3.96 per share

Profitability

Net Income
$50.03 million
Net Margins
-103.66%
Pretax Margin
N/A

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$314.69 million
Optionable
Optionable

Company Calendar

Last Earnings
8/29/2021
Ex-Dividend
9/23/2021
Dividend Payable
10/14/2021
Today
12/01/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/25/2022

MarketRank

Overall MarketRank

1.74 out of 5 stars

Transportation Sector

111th out of 172 stocks

Water Transportation Industry

18th out of 25 stocks

Analyst Opinion: 3.2Community Rank: 3.5Dividend Strength: 0.8Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












Nordic American Tankers (NYSE:NAT) Frequently Asked Questions

Is Nordic American Tankers a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tankers in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Nordic American Tankers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NAT, but not buy additional shares or sell existing shares.
View analyst ratings for Nordic American Tankers
or view top-rated stocks.

How has Nordic American Tankers' stock been impacted by Coronavirus?

Nordic American Tankers' stock was trading at $3.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, NAT stock has decreased by 42.1% and is now trading at $1.83.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Nordic American Tankers?

Nordic American Tankers saw a decline in short interest in the month of October. As of October 15th, there was short interest totaling 4,690,000 shares, a decline of 18.9% from the September 30th total of 5,780,000 shares. Based on an average trading volume of 2,460,000 shares, the short-interest ratio is currently 1.9 days.
View Nordic American Tankers' Short Interest
.

When is Nordic American Tankers' next earnings date?

Nordic American Tankers is scheduled to release its next quarterly earnings announcement on Friday, February 25th 2022.
View our earnings forecast for Nordic American Tankers
.

How were Nordic American Tankers' earnings last quarter?

Nordic American Tankers Limited (NYSE:NAT) posted its quarterly earnings results on Sunday, August, 29th. The shipping company reported ($0.18) earnings per share for the quarter, missing the consensus estimate of ($0.17) by $0.01. The shipping company earned $16.75 million during the quarter, compared to analyst estimates of $19.04 million. Nordic American Tankers had a negative trailing twelve-month return on equity of 15.60% and a negative net margin of 103.66%.
View Nordic American Tankers' earnings history
.

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

Nordic American Tankers announced a quarterly dividend on Friday, November 26th. Shareholders of record on Tuesday, December 7th will be given a dividend of $0.01 per share on Tuesday, December 21st. This represents a $0.04 dividend on an annualized basis and a yield of 2.19%. The ex-dividend date of this dividend is Monday, December 6th.
View Nordic American Tankers' dividend history
.

Is Nordic American Tankers a good dividend stock?

Nordic American Tankers pays an annual dividend of $0.04 per share and currently has a dividend yield of 2.16%.
View Nordic American Tankers' dividend history.

What price target have analysts set for NAT?

3 brokerages have issued 12 month price targets for Nordic American Tankers' stock. Their forecasts range from $2.25 to $5.00. On average, they expect Nordic American Tankers' share price to reach $3.33 in the next twelve months. This suggests a possible upside of 82.1% from the stock's current price.
View analysts' price targets for Nordic American Tankers
or view top-rated stocks among Wall Street analysts.

Who are Nordic American Tankers' key executives?

Nordic American Tankers' management team includes the following people:
  • Herbjørn Hansson, Chairman, President & Chief Executive Officer
  • Bjørn Giæver, Chief Financial Officer & Secretary

What is Ignacio Miras Massaguer's approval rating as Nordic American Tankers' CEO?

3 employees have rated Nordic American Tankers CEO Ignacio Miras Massaguer on Glassdoor.com. Ignacio Miras Massaguer has an approval rating of 68% among Nordic American Tankers' employees.

What other stocks do shareholders of Nordic American Tankers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nordic American Tankers investors own include Precigen (PGEN), Energy Transfer (ET), The Gabelli Dividend & Income Trust (GDV), Marinus Pharmaceuticals (MRNS), Realty Income (O), Ford Motor (F), AT&T (T), OPKO Health (OPK), Lumen Technologies (LUMN) and Annaly Capital Management (NLY).

What is Nordic American Tankers' stock symbol?

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

Who are Nordic American Tankers' major shareholders?

Nordic American Tankers' stock is owned by many different institutional and retail investors. Top institutional investors include BlackRock Inc. (5.39%), Morgan Stanley (2.88%), Millennium Management LLC (1.06%), Geode Capital Management LLC (0.88%), Dimensional Fund Advisors LP (0.83%) and Greylin Investment Mangement Inc. (0.62%).

Which institutional investors are selling Nordic American Tankers stock?

NAT stock was sold by a variety of institutional investors in the last quarter, including Greylin Investment Mangement Inc., Dimensional Fund Advisors LP, Schroder Investment Management Group, BlackRock Inc., The Manufacturers Life Insurance Company , California State Teachers Retirement System, Goldman Sachs Group Inc., and WealthTrust Axiom LLC.

Which institutional investors are buying Nordic American Tankers stock?

NAT stock was acquired by a variety of institutional investors in the last quarter, including Millennium Management LLC, Russell Investments Group Ltd., Citadel Advisors LLC, Morgan Stanley, Franklin Resources Inc., SG Americas Securities LLC, Commonwealth Equity Services LLC, and SeaCrest Wealth Management LLC.

How do I buy shares of Nordic American Tankers?

Shares of NAT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Nordic American Tankers' stock price today?

One share of NAT stock can currently be purchased for approximately $1.83.

How much money does Nordic American Tankers make?

Nordic American Tankers has a market capitalization of $314.69 million and generates $233.53 million in revenue each year. The shipping company earns $50.03 million in net income (profit) each year or ($0.60) on an earnings per share basis.

How many employees does Nordic American Tankers have?

Nordic American Tankers employs 20 workers across the globe.

What is Nordic American Tankers' official website?

The official website for Nordic American Tankers is www.nat.bm.

Where are Nordic American Tankers' headquarters?

Nordic American Tankers is headquartered at 27 REID STREET, HAMILTON D0, HM 11.

How can I contact Nordic American Tankers?

Nordic American Tankers' mailing address is 27 REID STREET, HAMILTON D0, HM 11. The shipping company can be reached via phone at (441) 292-7202, via email at www.nat.bm, or via fax at 441-292-5962.


This page was last updated on 12/1/2021 by MarketBeat.com Staff

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