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

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

Nordic American Tanker declared 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 1.81%. The ex-dividend date is Wednesday, December 4th. View Nordic American Tanker's Dividend History.

Nordic American Tanker Ltd (NYSE:NAT) released its quarterly earnings results on Monday, November, 25th. The shipping company reported ($0.10) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.06) by $0.04. The shipping company earned $32.35 million during 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.

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

3 analysts have issued 12 month price objectives for Nordic American Tanker's stock. Their forecasts range from $1.00 to $4.75. On average, they expect Nordic American Tanker's stock price to reach $3.25 in the next year. This suggests that the stock has a possible downside of 26.5%. View Analyst Price Targets 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.

Media coverage about NAT stock has been trending negative on Wednesday, InfoTrie reports. The research firm ranks the sentiment of press coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Nordic American Tanker earned a coverage optimism score of -2.2 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View News Stories for Nordic American Tanker.

Nordic American Tanker saw a decrease in short interest during the month of December. As of December 13th, there was short interest totalling 4,010,000 shares, a decrease of 8.2% from the November 28th total of 4,370,000 shares. Based on an average daily trading volume, of 3,910,000 shares, the short-interest ratio is presently 1.0 days. Currently, 2.9% of the shares of the company are sold short. View Nordic American Tanker's Current Options Chain.

Some companies that are related to Nordic American Tanker include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Scorpio Tankers (STNG), Ship Finance International (SFL), Golar LNG (GLNG), SemGroup (SEMG), Golden Ocean Group (GOGL), Teekay Tankers (TNK), GasLog (GLOG) and Teekay (TK).

Based on aggregate information from My MarketBeat watchlists, some companies that other Nordic American Tanker investors own include Intrexon (XON), The Gabelli Dividend & Income Trust (GDV), Energy Transfer LP Unit (ET), Marinus Pharmaceuticals (MRNS), Realty Income (O), Ford Motor (F), Centurylink (CTL), Opko Health (OPK), ANNALY CAP MGMT/SH (NLY) and AT&T (T).

Nordic American Tanker's stock is owned by many different of institutional and retail investors. Top institutional shareholders include Greylin Investment Mangement Inc. (1.59%).

NAT stock was acquired by a variety of institutional investors in the last quarter, including Greylin Investment Mangement Inc..

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.

One share of NAT stock can currently be purchased for approximately $4.42.

Nordic American Tanker has a market capitalization of $627.51 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.

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

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]