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NYSE:NAT - Nordic American Tanker Stock Price, Forecast & News

$4.07
-0.04 (-0.97 %)
(As of 12/16/2019 03:18 AM ET)
Today's Range
$4.04
Now: $4.07
$4.14
50-Day Range
$3.28
MA: $3.67
$4.16
52-Week Range
$1.66
Now: $4.07
$4.47
Volume3.87 million shs
Average Volume2.53 million shs
Market Capitalization$577.82 million
P/E RatioN/A
Dividend Yield1.95%
Beta0.72
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 33 Suezmax crude oil tankers. The company was founded in 1995 and is based in Hamilton, Bermuda.

Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
CUSIPG6577310
Phone441-292-7202

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$124 million
Book Value$4.24 per share

Profitability

Net Income$-95,310,000.00

Miscellaneous

EmployeesN/A
Market Cap$577.82 million
Next Earnings Date2/18/2020 (Estimated)
OptionableOptionable

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Nordic American Tanker (NYSE:NAT) Frequently Asked Questions

What is Nordic American Tanker's stock symbol?

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

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

Nordic American Tanker announced a quarterly dividend on Monday, November 25th. Investors of record on Thursday, December 5th will be given a dividend of $0.02 per share on Wednesday, December 18th. This represents a $0.08 annualized dividend and a yield of 1.97%. The ex-dividend date of this dividend is Wednesday, December 4th. View Nordic American Tanker's Dividend History.

How were Nordic American Tanker's earnings last quarter?

Nordic American Tanker Ltd (NYSE:NAT) issued its quarterly earnings data on Monday, November, 25th. The shipping company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.04. The shipping company had revenue of $32.35 million for the quarter, compared to the consensus estimate of $45.03 million. Nordic American Tanker had a negative return on equity of 5.14% and a negative net margin of 20.86%. View Nordic American Tanker's Earnings History.

When is Nordic American Tanker's next earnings date?

Nordic American Tanker is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Nordic American Tanker.

What price target have analysts set for NAT?

3 equities research analysts have issued 1 year price targets for Nordic American Tanker's shares. Their forecasts range from $1.00 to $5.00. On average, they anticipate Nordic American Tanker's stock price to reach $3.33 in the next twelve months. This suggests that the stock has a possible downside of 18.1%. View Analyst Price Targets for Nordic American Tanker.

What is the consensus analysts' recommendation for Nordic American Tanker?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tanker in the last year. There are currently 1 sell rating and 2 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Nordic American Tanker.

Has Nordic American Tanker been receiving favorable news coverage?

News headlines about NAT stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nordic American Tanker earned a media sentiment score of -1.6 on InfoTrie's scale. They also assigned news stories about the shipping company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Nordic American Tanker.

Are investors shorting Nordic American Tanker?

Nordic American Tanker saw a increase in short interest during the month of November. As of November 29th, there was short interest totalling 4,370,000 shares, an increase of 9.5% from the November 14th total of 3,990,000 shares. Based on an average trading volume of 3,550,000 shares, the short-interest ratio is currently 1.2 days. Currently, 3.2% of the company's shares are short sold. View Nordic American Tanker's Current Options Chain.

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

What other stocks do shareholders of Nordic American Tanker own?

Who are Nordic American Tanker's key executives?

Nordic American Tanker's management team includes the folowing people:
  • Mr. Herbjørn Hansson, Founder, Chairman, Pres & CEO (Age 71)
  • Mr. Bjørn Giaever, Exec. VP & CFO (Age 52)
  • Mr. Jan H. A. Møller, Head of Investor Relations and Financial Mang. (Age 34)
  • Erik Tomstad, Exec. VP of Chartering
  • Mr. Jan Erik Langangen, Advisor & Director (Age 69)

Who are Nordic American Tanker's major shareholders?

Nordic American Tanker's stock is owned by a variety of of institutional and retail investors. Top institutional investors include State Street Corp (1.91%), Greylin Investment Mangement Inc. (1.31%), WealthTrust Axiom LLC (0.72%), Millennium Management LLC (0.22%), Rhumbline Advisers (0.15%) and SG Americas Securities LLC (0.13%).

Which major investors are selling Nordic American Tanker stock?

NAT stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, Greylin Investment Mangement Inc. and Coastal Investment Advisors Inc..

Which major investors are buying Nordic American Tanker stock?

NAT stock was acquired by a variety of institutional investors in the last quarter, including SG Americas Securities LLC, State Street Corp, Virtu Financial LLC, WealthTrust Axiom LLC, Squarepoint Ops LLC, Rhumbline Advisers, Man Group plc and Moors & Cabot Inc..

How do I buy shares of Nordic American Tanker?

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

What is Nordic American Tanker's stock price today?

One share of NAT stock can currently be purchased for approximately $4.07.

How big of a company is Nordic American Tanker?

Nordic American Tanker has a market capitalization of $577.82 million and generates $124 million in revenue each year. The shipping company earns $-95,310,000.00 in net income (profit) each year or ($0.61) on an earnings per share basis. View Additional Information About Nordic American Tanker.

What is Nordic American Tanker's official website?

The official website for Nordic American Tanker is http://www.nat.bm/.

How can I contact Nordic American Tanker?

Nordic American Tanker's mailing address is LOM BUILDING 27 REID STREET, HAMILTON HM 11 D0, HM 11. The shipping company can be reached via phone at 441-292-7202 or via email at [email protected]


MarketBeat Community Rating for Nordic American Tanker (NYSE NAT)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  289 (Vote Outperform)
Underperform Votes:  530 (Vote Underperform)
Total Votes:  819
MarketBeat's community ratings are surveys of what our community members think about Nordic American Tanker and other stocks. Vote "Outperform" if you believe NAT will outperform the S&P 500 over the long term. Vote "Underperform" if you believe NAT will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/16/2019 by MarketBeat.com Staff

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