Nordic American Tankers Limited Company Profile (NYSE:NAT)

About Nordic American Tankers Limited

Nordic American Tankers Limited 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
  • Exchange: NYSE
  • Symbol: NAT
  • CUSIP: G6577310
Key Metrics:
  • Previous Close: $8.29
  • 50 Day Moving Average: $8.65
  • 200 Day Moving Average: $9.63
  • 52-Week Range: $101,969,000.00 - $7.57
  • Trailing P/E Ratio: 23.49
  • Foreward P/E Ratio: 20.34
  • P/E Growth: 26.26
  • Market Cap: $850.42M
  • Outstanding Shares: 101,969,000
  • Beta: 1.2
Profitability:
  • 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%
Additional Links:
Companies Related to Nordic American Tankers Limited:

Analyst Ratings

Consensus Ratings for Nordic American Tankers Limited (NYSE:NAT) (?)
Ratings Breakdown: 3 Sell Ratings, 5 Hold Ratings
Consensus Rating:Hold (Score: 1.63)
Consensus Price Target: $9.75 (16.91% upside)

Analysts' Ratings History for Nordic American Tankers Limited (NYSE:NAT)
Show:
DateFirmActionRatingPrice TargetDetails
2/7/2017Morgan StanleyLower Price TargetEqual Weight$9.00 -> $8.50View Rating Details
1/13/2017Credit Suisse GroupInitiated CoverageNeutral$9.00View Rating Details
12/20/2016Maxim GroupInitiated CoverageSell$7.00View Rating Details
11/16/2016Wells Fargo & CompanyInitiated CoverageMarket PerformView Rating Details
10/3/2016Clarkson CapitalDowngradeBuy -> Neutral$15.00 -> $10.00View Rating Details
9/12/2016Jefferies Group LLCReiterated RatingSellView 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 2/20/2015 forward)

Earnings

Earnings History for Nordic American Tankers Limited (NYSE:NAT)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/8/2017        
2/6/201712/31/2016$0.01($0.02)$52.49 million$52.54 millionViewListenView Earnings Details
11/10/2016Q316($0.16)($0.08)$38.45 millionViewN/AView Earnings Details
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 Limited (NYSE:NAT)
Current Year EPS Consensus Estimate: $-0.07 EPS
Next Year EPS Consensus Estimate: $0.41 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($0.17)($0.12)($0.15)
Q4 20162($0.02)$0.15$0.07
Q1 20172$0.01$0.06$0.04
Q2 20172($0.15)($0.10)($0.13)
Q3 20172($0.27)($0.07)($0.17)
Q4 20172($0.02)($0.01)($0.02)
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Nordic American Tankers Limited (NYSE:NAT)
Annual Dividend:$0.80
Dividend Yield:9.59%
Dividend Growth:28.90% (3 Year Average)
Payout Ratio:210.53% (Based on Trailing 12 Months of Earnings)
-1,142.86% (Based on Current Year Consensus EPS Estimate)
195.12% (Based on Next Year Consensus EPS Estimate)

Dividend History for Nordic American Tankers Limited (NYSE:NAT)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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 Tankers Limited (NYSE:NAT)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Nordic American Tankers Limited (NYSE:NAT)
DateHeadline
News IconDividend Growth of Nordic American Tankers Limited(NAT) - Highland Mirror (NYSE:NAT)
www.highlandmirror.com - February 18 at 5:58 PM
News IconNordic American Tankers Limited (NYSE:NAT) Price Target ... - Transcript Daily (NYSE:NAT)
transcriptdaily.com - February 11 at 6:51 PM
News IconNordic American Tankers Limited (NYSE:NAT) shows weekly volitility of 3.19% - The Newburgh Press (NYSE:NAT)
newburghpress.com - February 10 at 5:49 AM
finance.yahoo.com logoEdited Transcript of NAT earnings conference call or presentation 7-Feb-17 1:00pm GMT (NYSE:NAT)
finance.yahoo.com - February 8 at 1:24 AM
News IconNordic American Tankers Limited (NYSE:NAT) Equity Price Target Fixed At $8.5 - Transcript Daily (NYSE:NAT)
transcriptdaily.com - February 7 at 8:21 PM
News IconNordic American Tankers Limited (NYSE:NAT) has 1 year Price Target of $8.33 - The Newburgh Press (NYSE:NAT)
newburghpress.com - February 7 at 8:21 PM
seekingalpha.com logoNordic American Tankers's (NAT) CEO Herbjørn Hansson on Q4 2016 Results - Earnings Call Transcript - Seeking Alpha (NYSE:NAT)
seekingalpha.com - February 7 at 8:21 PM
News IconPerformance Analysis of Nordic American Tankers Limited (NYSE:NAT) - The Oracle Examiner (NYSE:NAT)
oracleexaminer.com - February 7 at 3:19 PM
finance.yahoo.com logoNordic American Tankers posts 4Q loss - Yahoo Finance - Yahoo Finance (NYSE:NAT)
finance.yahoo.com - February 7 at 3:19 PM
nasdaq.com logoNordic American Tankers Limited (NAT) Ex-Dividend Date Scheduled for February 08, 2017 - Nasdaq (NYSE:NAT)
www.nasdaq.com - February 7 at 9:28 AM
biz.yahoo.com logoNordic American Tanker Ltd Earnings Call scheduled for 8:00 am ET today (NYSE:NAT)
biz.yahoo.com - February 7 at 9:28 AM
News IconNordic American Tankers performed very well during 4Q2016 and so far is doing even better in 1Q2017 (NYSE:NAT)
www.hellenicshippingnews.com - February 6 at 6:51 PM
News IconNordic American Tankers in the red (NYSE:NAT)
www.shippingherald.com - February 6 at 6:51 PM
News IconWill Nordic American Tankers Limited’s (NAT) Earnings Grow Over The Next Year? (NYSE:NAT)
simplywall.st - February 6 at 6:51 PM
realistinvestor.com logoResearch Analysts Set Nordic American Tankers Limited (NYSE:NAT) Price Target at $8.5 (NYSE:NAT)
www.realistinvestor.com - February 6 at 6:51 PM
us.rd.yahoo.com logoNordic American Tankers' 4Q2016 Report (NYSE:NAT) - NAT performed very well during 4Q2016 and so far is doing even better in 1Q2017, Cash dividend declared for the 78th time since the autumn of 1997. (NYSE:NAT)
us.rd.yahoo.com - February 6 at 9:41 AM
sg.finance.yahoo.com logoNordic American Tankers posts 4Q loss (NYSE:NAT)
sg.finance.yahoo.com - February 6 at 9:41 AM
biz.yahoo.com logoQ4 2016 Nordic American Tanker Ltd Earnings Release - Before Market Open (NYSE:NAT)
biz.yahoo.com - February 6 at 9:41 AM
News IconNordic American Tankers Limited (NYSE:NAT) 52 Week low stands at 7.57 - The Newburgh Press (NYSE:NAT)
newburghpress.com - February 4 at 6:43 PM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) - Telephone Conference for Shareholders, Investors and Analysts - February 7, at 8 am US Eastern time. (NYSE:NAT)
finance.yahoo.com - February 2 at 7:37 PM
marketrealist.com logoCitigroup Downgraded Navios Maritime Midstream Partners (NYSE:NAT)
marketrealist.com - January 31 at 7:42 PM
News IconBullish Target Of Nordic American Tankers Limited (NYSE:NAT) At $11 - Stock Observer (NYSE:NAT)
www.thestockobserver.com - January 30 at 12:17 AM
globenewswire.com logoNordic American Tankers Limited (NYSE:NAT) - Telephone Conference for Shareholders, Investors and Analysts ... - GlobeNewswire (press release) (NYSE:NAT)
globenewswire.com - January 28 at 2:17 AM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) - Telephone Conference for Shareholders, Investors and Analysts - February 7 at 8:00am US EST. Strong markets for the large NAT fleet. (NYSE:NAT)
finance.yahoo.com - January 28 at 2:17 AM
feeds.benzinga.com logoNordic American Tankers Limited (NYSE:NAT) - Telephone Conference for Shareholders, Investors and Analysts – February 7 at 8:00am US EST. Strong markets for the large NAT fleet. (NYSE:NAT)
feeds.benzinga.com - January 27 at 6:42 AM
News IconNordic American Tankers Limited (NYSE:NAT) (NYSE:NAT)
larampadinapoli.com - January 26 at 10:52 PM
marketrealist.com logoWeek 3: Crude Tanker Industry Overview (NYSE:NAT)
marketrealist.com - January 26 at 10:52 PM
News IconThe Brokers Set Expectations for Nordic American Tankers Limited's FY2016 Earnings (NAT) (NYSE:NAT)
flapship.com - January 26 at 1:22 AM
News IconNordic American Tankers Limited (NYSE:NAT) Stock Price Target Given At $8.5 - Transcript Daily (NYSE:NAT)
transcriptdaily.com - January 25 at 8:19 PM
News IconStock Backsliding Ahead of the Bell: Nordic American Tankers Limited (NYSE:NAT) - Aiken Advocate (NYSE:NAT)
aikenadvocate.com - January 24 at 7:12 AM
News IconShares Hitting The Skids, Bounding Lower Mid-Day: Nordic American Tankers Limited (NYSE:NAT) - Wall Street Beacon (NYSE:NAT)
wsbeacon.com - January 24 at 7:12 AM
seekingalpha.com logoNordic American Tanker maintained a Sell at Maxim after dividend cut (NYSE:NAT)
seekingalpha.com - January 23 at 7:03 PM
realistinvestor.com logoMean Rating Of Nordic American Tankers Limited (NYSE:NAT) At $3.43 (NYSE:NAT)
www.realistinvestor.com - January 23 at 7:03 PM
streetinsider.com logoNordic American Tanker (NAT) Declares $0.20 Quarterly Dividend; 8.5% Yield (NYSE:NAT)
www.streetinsider.com - January 23 at 9:57 AM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) – Declaration of Dividend for the 78th consecutive quarter since the autumn of 1997. (NYSE:NAT)
finance.yahoo.com - January 23 at 9:57 AM
finance.yahoo.com logoNordic American Tankers Limited (NYSE:NAT) - Declaration of Dividend for the 78th consecutive quarter since the autumn of 1997. (NYSE:NAT)
finance.yahoo.com - January 23 at 9:57 AM
finance.yahoo.com logo7:58 am Nordic American Tanker lowers quarterly dividend to $0.20/share from $0.26/share (NYSE:NAT)
finance.yahoo.com - January 23 at 9:57 AM
News IconNordic American Tankers Limited (NYSE:NAT) Price Target Predicted At $8.5 - Transcript Daily (NYSE:NAT)
transcriptdaily.com - January 22 at 4:36 AM
News IconWall Street Holds Inauguration Gains, How Did This Stock Fare: Nordic American Tankers Limited (NYSE:NAT) - Wall Street Beacon (NYSE:NAT)
wsbeacon.com - January 22 at 4:36 AM
finance.yahoo.com logoOptions Traders Expect Huge Moves in Nordic American Tankers (NAT) Stock (NYSE:NAT)
finance.yahoo.com - January 19 at 10:43 PM
capitalcube.com logoNordic American Tankers Ltd. breached its 50 day moving average in a Bullish Manner : NAT-US : January 18, 2017 (NYSE:NAT)
www.capitalcube.com - January 18 at 7:47 AM
News IconNordic American Tankers Limited (NYSE:NAT) Rating Fixed At 3.43 - Stock Observer (NYSE:NAT)
www.thestockobserver.com - January 15 at 6:19 PM
News IconImpact Score Of Nordic American Tankers Limited (NYSE:NAT) At 77 - Stock Observer (NYSE:NAT)
www.thestockobserver.com - January 14 at 1:07 AM
News IconNordic American Tanker Ltd (NAT) is Initiated by Credit Suisse to Neutral - Highland Mirror (NYSE:NAT)
www.highlandmirror.com - January 14 at 1:07 AM
News IconNordic American Tankers Limited (NAT) stock starts with "Neutral" rating in note to investors by Credit Suisse Group - BNB Daily (blog) (NYSE:NAT)
www.baseball-news-blog.com - January 14 at 1:07 AM
us.rd.yahoo.com logoCoverage initiated on Nordic American Tanker by Credit Suisse (NYSE:NAT)
us.rd.yahoo.com - January 13 at 8:05 PM
News IconNordic American Tankers Limited (NYSE:NAT) News Impact Score At 100 - Stock Observer (NYSE:NAT)
www.thestockobserver.com - January 11 at 7:20 PM
realistinvestor.com logoNordic American Tankers Limited (NYSE:NAT) Mean Rating At $3.43 - RealistInvestor.com (NYSE:NAT)
www.realistinvestor.com - January 11 at 7:20 PM
prnewswire.com logoResearch Reports on Shipping Equities -- DryShips, Nordic American Tankers, Teekay Tankers, and Golar LNG - PR Newswire (press release) (NYSE:NAT)
www.prnewswire.com - January 11 at 7:20 PM
realistinvestor.com logoNordic American Tankers Limited (NYSE:NAT) Mean Rating At $3.43 (NYSE:NAT)
www.realistinvestor.com - January 9 at 7:28 PM

Social

What is Nordic American Tankers Limited's stock symbol?

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

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

Nordic American Tankers Limited declared a quarterly dividend on Monday, January 23rd. Stockholders of record on Friday, February 10th will be given a dividend of $0.20 per share on Friday, February 24th. This represents a $0.80 annualized dividend and a dividend yield of 9.59%. The ex-dividend date is Wednesday, February 8th.

Where is Nordic American Tankers Limited's stock going? Where will Nordic American Tankers Limited's stock price be in 2017?

8 brokers have issued 12 month target prices for Nordic American Tankers Limited's stock. Their forecasts range from $7.00 to $16.00. On average, they expect Nordic American Tankers Limited's stock price to reach $9.75 in the next year.

When will Nordic American Tankers Limited announce their earnings?

Nordic American Tankers Limited is scheduled to release their next quarterly earnings announcement on Monday, May, 8th 2017.

Who owns Nordic American Tankers Limited stock?

Nordic American Tankers Limited's stock is owned by many different of retail and institutional investors. Top institutional shareholders include State Street Corp (1.59%), Allianz Asset Management AG (0.89%), Cipher Capital LP (0.58%), Guggenheim Capital LLC (0.52%), Dimensional Fund Advisors LP (0.40%) and Shelton Capital Management (0.10%).

Who sold Nordic American Tankers Limited stock? Who is selling Nordic American Tankers Limited stock?

Nordic American Tankers Limited's stock was sold by a variety of institutional investors in the last quarter, including Allianz Asset Management AG, Cipher Capital LP, Private Advisor Group LLC, Dimensional Fund Advisors LP and Baird Financial Group Inc..

Who bought Nordic American Tankers Limited stock? Who is buying Nordic American Tankers Limited stock?

Nordic American Tankers Limited's stock was acquired by a variety of institutional investors in the last quarter, including State Street Corp, Guggenheim Capital LLC, Smith Moore & CO., Bayesian Capital Management LP, Metropolitan Life Insurance Co. NY and Raymond James Financial Services Advisors Inc..

How do I buy Nordic American Tankers Limited stock?

Shares of Nordic American Tankers Limited 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 Tankers Limited stock cost?

One share of Nordic American Tankers Limited stock can currently be purchased for approximately $8.34.

Nordic American Tankers Limited (NYSE:NAT) Chart for Monday, February, 20, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Nordic American Tankers Limited (NYSE:NAT)

Earnings History Chart

Earnings by Quarter for Nordic American Tankers Limited (NYSE:NAT)

Dividend History Chart

Dividend Payments by Quarter for Nordic American Tankers Limited (NYSE:NAT)

Last Updated on 2/20/2017 by MarketBeat.com Staff