NYSE:NAT Nordic American Tankers (NAT) Stock Price, News & Analysis $3.64 -0.08 (-2.15%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$3.61▼$3.7450-Day Range$3.65▼$4.3552-Week Range$3.61▼$4.83Volume4.90 million shsAverage Volume2.67 million shsMarket Capitalization$761.08 millionP/E Ratio11.39Dividend Yield13.17%Price Target$5.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Nordic American Tankers alerts: Email Address Nordic American Tankers MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside41.7% Upside$5.17 Price TargetShort InterestHealthy3.33% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.53Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth31.71%From $0.41 to $0.54 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.13 out of 5 starsTransportation Sector32nd out of 120 stocksWater Transportation Industry7th out of 17 stocks 3.3 Analyst's Opinion Consensus RatingNordic American Tankers has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Amount of Analyst CoverageNordic American Tankers has only been the subject of 1 research reports in the past 90 days.Read more about Nordic American Tankers' stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.33% of the outstanding shares of Nordic American Tankers have been sold short.Short Interest Ratio / Days to CoverNordic American Tankers has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nordic American Tankers has recently increased by 21.04%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipNordic American Tankers is a leading dividend payer. It pays a dividend yield of 12.83%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNordic American Tankers does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Nordic American Tankers is 150.00%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Nordic American Tankers will have a dividend payout ratio of 88.89% in the coming year. This indicates that Nordic American Tankers may not be able to sustain their current dividend.Read more about Nordic American Tankers' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NAT. Previous Next 3.6 News and Social Media Coverage News SentimentNordic American Tankers has a news sentiment score of 0.53. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Nordic American Tankers this week, compared to 2 articles on an average week.Search Interest27 people have searched for NAT on MarketBeat in the last 30 days. This is an increase of 4% compared to the previous 30 days.MarketBeat Follows14 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 17% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nordic American Tankers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.85% of the stock of Nordic American Tankers is held by insiders.Percentage Held by Institutions44.29% of the stock of Nordic American Tankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Nordic American Tankers' insider trading history. Previous Next 3.1 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tankers are expected to grow by 31.71% in the coming year, from $0.41 to $0.54 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 11.38, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 11.38, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.35.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.41. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Nordic American Tankers' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad MarketBeatWe just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.Start Your Risk-Free Trial Here About Nordic American Tankers Stock (NYSE:NAT)Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 20 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.Read More NAT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NAT Stock News HeadlinesJuly 25 at 2:25 PM | ca.finance.yahoo.comNAT Jan 2025 4.500 putJuly 19, 2024 | investorplace.com7 Undervalued Stocks to Buy With a Dividend Yield of Over 7%July 26, 2024 | WealthPress (Ad)New trading system called MSFT, NVDA & MSFTLook 2023 kind of sucked from a trading standpoint… Despite the market finishing 24% higher…. Just seven stocks did all of the work… Unless you were holding or actively trading those 7 stocks, your trading year probably wasn’t as fruitful as you had hoped… According to my research, my new trading system would have spotted all seven of the “Magnificent stocks” MONTHS before they reached the highs they are trading at today.July 10, 2024 | insidermonkey.comNordic American Tankers Limited (NAT): Are Hedge Funds Bullish on This High Yield Dividend Stock?July 6, 2024 | investorplace.com3 Penny Stocks That Could Turn $10K Into $100K in 3 YearsJune 18, 2024 | investorplace.com3 High-Yield Heavyweights to Anchor Your Portfolio for the Long HaulMay 30, 2024 | seekingalpha.comNordic American Tankers: Downgrading On Disappointing Q1 And Lack Of GuidanceMay 30, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more sharesJuly 26, 2024 | WealthPress (Ad)This TSLA short trade is on a nine win hot streakMost Tesla Shareholders are disappointed in the stock's performance in 2024. 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Just see for yourself.May 29, 2024 | msn.comNordic American Tankers declares $0.12 dividendMay 29, 2024 | markets.businessinsider.comNordic American Tankers Faces Rough Seas: Q1 Revenue Misses Estimates Amid Fleet ExpansionMay 29, 2024 | msn.comNAT Stock Earnings: Nordic American Tankers Misses EPS, Misses Revenue for Q1 2024May 29, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Report as per March 31, 2024 – Dividend is a top priority.May 28, 2024 | markets.businessinsider.comNordic American Tankers earnings: here's what Wall Street expectsMay 25, 2024 | fool.co.ukNYSE:NAT (Nordic American Tankers Limited)May 22, 2024 | finance.yahoo.comInvestors in Nordic American Tankers (NYSE:NAT) have seen solid returns of 174% over the past five yearsMay 14, 2024 | finanznachrichten.deNordic American Tankers Limited - 1Q 2024 Earnings ReportMay 14, 2024 | finance.yahoo.comIs Nordic American Tankers Ltd (NYSE:NAT) the Best High-Dividend Penny Stock to Buy Now?See More Headlines Receive NAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nordic American Tankers and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/29/2024Ex-Dividend for 7/18 Dividend6/28/2024Dividend Payable7/18/2024Today7/26/2024Next Earnings (Estimated)8/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation Current SymbolNYSE:NAT CUSIPG6577310 CIK1000177 Webwww.nat.bm Phone(441) 292-7202Fax441-292-5962Employees18Year FoundedN/APrice Target and Rating Average Stock Price Target$5.17 High Stock Price Target$6.00 Low Stock Price Target$4.50 Potential Upside/Downside+41.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.32 Trailing P/E Ratio11.38 Forward P/E Ratio8.88 P/E GrowthN/ANet Income$98.71 million Net Margins28.37% Pretax Margin28.42% Return on Equity12.43% Return on Assets7.71% Debt Debt-to-Equity Ratio0.36 Current Ratio0.77 Quick Ratio0.60 Sales & Book Value Annual Sales$262.18 million Price / Sales2.90 Cash Flow$0.71 per share Price / Cash Flow5.15 Book Value$2.58 per share Price / Book1.41Miscellaneous Outstanding Shares208,800,000Free Float202,845,000Market Cap$760.03 million OptionableOptionable Beta-0.17 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Herbjorn Hansson (Age 76)Founder, Chairman, President & CEO Mr. Bjorn Giaever (Age 57)Executive VP, CFO & Secretary Mr. Jan Halvard Aas Møller (Age 39)Head of Investor Relations and Financial Manager Erik TomstadExecutive Vice President of CharteringKey CompetitorsGolden Ocean GroupNASDAQ:GOGLTeekay TankersNYSE:TNKSFLNYSE:SFLTeekayNYSE:TKWilliams CompaniesNYSE:WMBView All CompetitorsInstitutional OwnershipAllspring Global Investments Holdings LLCSold 188,175 shares on 7/26/2024Ownership: 1.837%Bank of New York Mellon CorpBought 67,009 shares on 7/26/2024Ownership: 0.332%Summit Securities Group LLCBought 5,200 shares on 7/26/2024Ownership: 0.000%SeaCrest Wealth Management LLCSold 21,000 shares on 7/22/2024Ownership: 0.246%Nisa Investment Advisors LLCSold 20,858 shares on 7/20/2024Ownership: 0.024%View All Institutional Transactions NAT Stock Analysis - Frequently Asked Questions How have NAT shares performed this year? Nordic American Tankers' stock was trading at $4.20 at the start of the year. Since then, NAT shares have decreased by 13.2% and is now trading at $3.6450. View the best growth stocks for 2024 here. How were Nordic American Tankers' earnings last quarter? Nordic American Tankers Limited (NYSE:NAT) announced its earnings results on Wednesday, May, 29th. The shipping company reported $0.07 EPS for the quarter, missing analysts' consensus estimates of $0.11 by $0.04. The shipping company earned $60.57 million during the quarter, compared to analyst estimates of $66.19 million. Nordic American Tankers had a net margin of 28.37% and a trailing twelve-month return on equity of 12.43%. What is Ignacio Miras Massaguer's approval rating as Nordic American Tankers' CEO? 3 employees have rated Nordic American Tankers Chief Executive Officer Ignacio Miras Massaguer on Glassdoor.com. Ignacio Miras Massaguer has an approval rating of 68% among the company's employees. Who are Nordic American Tankers' major shareholders? Nordic American Tankers' top institutional shareholders include Allspring Global Investments Holdings LLC (1.84%), Greylin Investment Management Inc (0.52%), Bank of New York Mellon Corp (0.33%) and SeaCrest Wealth Management LLC (0.25%). How do I buy shares of Nordic American Tankers? Shares of NAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Nordic American Tankers own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and AT&T (T). 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