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: $10.55
  • 50 Day Moving Average: $12.62
  • 200 Day Moving Average: $13.81
  • Trailing P/E Ratio: 9.58
  • Foreward P/E Ratio: 15.51
  • P/E Growth: 0.00
  • Market Cap: $942.32M
  • Outstanding Shares: 89,319,000
  • Beta: 1.23
Additional Links:
Companies Related to Nordic American Tankers:

Analyst Ratings

Consensus Ratings for Nordic American Tankers (NYSE:NAT) (?)
Ratings Breakdown: 2 Sell Ratings, 1 Hold Rating
Consensus Rating:Sell (Score: 1.33)
Consensus Price Target: $12.00 (13.74% upside)

Analysts' Ratings History for Nordic American Tankers (NYSE:NAT)
Show:
DateFirmActionRatingPrice TargetDetails
7/27/2016Jefferies GroupSet Price TargetUnderperform$10.00 -> $8.00View 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
9/18/2014Clarkson CapitalInitiated CoverageBuyView Rating Details
(Data available from 8/25/2014 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: $0.85 EPS
Next Year EPS Consensus Estimate: $0.68 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($0.13)($0.10)($0.12)
Q4 20162$0.22$0.88$0.55
Q1 20171$0.21$0.21$0.21
Q2 20171$0.20$0.20$0.20
Q3 20171$0.20$0.20$0.20
Q4 20171$0.19$0.19$0.19
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nordic American Tankers (NYSE:NAT)
Annual Dividend:$1.00
Dividend Yield:9.48%
Payout Ratio:90.09% (Based on Trailing 12 Months of Earnings)
117.65% (Based on Current Year Consensus EPS Estimate)
147.06% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:4.80% (3 Year Average)

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
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
News IconNordic American Tanker Ltd (NYSE:NAT) & Prospect Capital (NASDAQ:PSEC) Trader’s Watch List (NYSE:NAT)
www.newsismoney.com - August 18 at 6:30 PM
thestreet.com logoRelative Strength Alert For Nordic American Tankers (NYSE:NAT)
www.thestreet.com - August 17 at 6:35 PM
seekingalpha.com logoHansson family increases stake in Nordic American Tankers (NYSE:NAT)
seekingalpha.com - August 17 at 6:35 PM
publicnow.com logoNordic American Tankers Limited (NYSE :NAT) the Chairman & CEO and his family increase its holding in NAT (NYSE:NAT)
www.publicnow.com - August 17 at 6:35 PM
capitalcube.com logoETF’s with exposure to Nordic American Tankers Ltd. : August 17, 2016 (NYSE:NAT)
www.capitalcube.com - August 17 at 6:35 PM
capitalcube.com logoNordic American Tankers Ltd. :NAT-US: Earnings Analysis: Q2, 2016 By the Numbers : August 16, 2016 (NYSE:NAT)
www.capitalcube.com - August 16 at 6:30 PM
forbes.com logoNAT Added as Top 10 Energy Dividend Stock With 8.45% Yield (NYSE:NAT)
www.forbes.com - August 16 at 7:40 AM
4-traders.com logoNORDIC AMERICAN TANKER LTD : ex-dividend day (NYSE:NAT)
www.4-traders.com - August 15 at 8:35 AM
seekingalpha.com logoNordic American Tankers Is Heading Into A Perfect Storm (NYSE:NAT)
seekingalpha.com - August 15 at 8:35 AM
nasdaq.com logoNordic American Tankers Limited (NAT) Ex-Dividend Date Scheduled for (NYSE:NAT)
www.nasdaq.com - August 12 at 9:36 AM
forbes.com logoEx-Dividend Reminder: Bemis, Nordic American Tankers and Marathon Oil (NYSE:NAT)
www.forbes.com - August 11 at 10:40 AM
marketrealist.com logoWeek 31: Crude Tanker Rate Free Fall Continues (NYSE:NAT)
marketrealist.com - August 11 at 9:33 AM
News IconNordic American Tankers (NYSE:NAT) – strengthened organization (NYSE:NAT)
www.hellenicshippingnews.com - August 10 at 6:48 PM
News IconGrosland Joins NAT as VP (NYSE:NAT)
www.marinelink.com - August 10 at 9:28 AM
publicnow.com logoNordic American Tankers (NYSE:NAT) - strengthened organization. (NYSE:NAT)
www.publicnow.com - August 10 at 9:28 AM
News IconNordic American Tankers Expects Improvement (NYSE:NAT)
www.marinelink.com - August 9 at 9:33 AM
finance.yahoo.com logoThe shipping indicator (NYSE:NAT)
finance.yahoo.com - August 8 at 6:35 PM
News IconNorway's Nordic American Tankers hopeful of higher Suezmax rates in H2 (NYSE:NAT)
www.platts.com - August 8 at 11:02 AM
streetinsider.com logoNordic American Tanker (NAT) Declares $0.25 Quarterly Dividend; 8.3% Yield (NYSE:NAT)
www.streetinsider.com - August 8 at 11:02 AM
News IconNAT) - The NAT 30 unit fleet has a substantial earnings capacity. Technical quality is at the top. Cash dividend declared for the 76th time. (NYSE:NAT)
andhranews.net - August 8 at 11:02 AM
publicnow.com logoNordic American Tankers' 2Q2016 Report (NYSE:NAT) - The NAT 30 unit fleet has a substantial earnings capacity. Technical quality is at the top. Cash dividend declared for the 76th time. (NYSE:NAT)
www.publicnow.com - August 8 at 11:02 AM
iii.co.uk logoNORDIC AMERICAN TANKERS (NYSE:NAT)
www.iii.co.uk - August 7 at 10:31 AM
News IconPress release from Nordic American Tankers (NYSE:NAT) – information from Nordic American Offshore Ltd. - Marine Log (NYSE:NAT)
www.marinelog.com - August 5 at 6:32 PM
finance.yahoo.com logoShipping Stocks' Earnings Slated for Aug 8: NAT, NVGS & TDW (NYSE:NAT)
finance.yahoo.com - August 5 at 9:28 AM
sg.finance.yahoo.com logoNordic American Tankers posts 2Q loss (NYSE:NAT)
sg.finance.yahoo.com - August 4 at 6:45 PM
finance.yahoo.com logoNordic American Offshore posts 2Q loss (NYSE:NAT)
finance.yahoo.com - August 4 at 6:45 PM
finance.yahoo.com logoNordic American Offshore Ltd. (NYSE:NAO) 2Q2016 Dividend and Earnings Report – we see opportunities. (NYSE:NAT)
finance.yahoo.com - August 4 at 9:33 AM
finance.yahoo.com logoPress release from Nordic American Tankers (NYSE:NAT) – information from Nordic American Offshore Ltd. (NYSE:NAT)
finance.yahoo.com - August 4 at 9:33 AM
finance.yahoo.com logoPress release from Nordic American Tankers (NYSE:NAT) - information from Nordic American Offshore Ltd. (NYSE:NAT)
finance.yahoo.com - August 4 at 9:33 AM
tradecalls.org logoJefferies Maintains Nordic American Tanker Ltd to Underperform with Price Target $8.00 - Trade Calls (NYSE:NAT)
www.tradecalls.org - August 3 at 6:44 PM
streetupdates.com logoAnalysts Trends to Watch: Nordic American Tankers Limited (NYSE ... - Street Updates (NYSE:NAT)
www.streetupdates.com - August 2 at 6:41 PM
tradecalls.org logoWealthtrust Axiom Lowers stake in Nordic American Tanker Ltd ... - Trade Calls (NYSE:NAT)
www.tradecalls.org - August 2 at 6:41 PM
News IconGener8 Maritime Inc versus Nordic American Tankers Limited Head to Head Compare - Hellenic Shipping News Worldwide (NYSE:NAT)
www.hellenicshippingnews.com - August 1 at 6:07 PM
streetupdates.com logoNoticeable Buzzers: J.C. Penney Company, Inc. Holding Company (NYSE:JCP) , Nordic American Tankers Limited ... - Street Updates (NYSE:NAT)
www.streetupdates.com - July 29 at 6:31 PM
globenewswire.com logoNordic American Tankers Limited (NYSE:NAT) – Declaration of Dividend for the 76th consecutive quarter. Solid results ... - GlobeNewswire (press release) (NYSE:NAT)
globenewswire.com - July 29 at 6:31 PM
News IconEarnings Trends of the Stocks: Nordic American Tankers Limited (NYSE:NAT), Amicus Therapeutics, Inc. (NASDAQ ... - News Oracle (NYSE:NAT)
www.newsoracle.com - July 29 at 6:31 PM
nasdaq.com logoNordic American Tankers Limited (NYSE:NAT) – Declaration of Dividend for the 76th consecutive quarter. Solid results in the second quarter. (NYSE:NAT)
www.nasdaq.com - July 28 at 9:34 AM
finance.yahoo.com logo6:05 am Nordic American Tanker lowers quarterly dividend to $0.25/share from $0.43/share (NYSE:NAT)
finance.yahoo.com - July 28 at 6:05 AM
publicnow.com logoNordic American Tankers Limited (NYSE:NAT) - Declaration of Dividend for the 76th consecutive quarter. Solid results in the second quarter. (NYSE:NAT)
www.publicnow.com - July 28 at 5:38 AM
nasdaq.com logoNAT Stock Crowded With Sellers (NYSE:NAT)
www.nasdaq.com - July 27 at 6:41 PM
News IconGasLog Ltd. versus Nordic American Tankers Limited Head to Head Compare - Hellenic Shipping News Worldwide (NYSE:NAT)
www.hellenicshippingnews.com - July 22 at 9:21 AM

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Nordic American Tankers (NYSE:NAT) Chart for Thursday, August, 25, 2016


Last Updated on 8/25/2016 by MarketBeat.com Staff