Nordic American Tankers Limited, a tanker company, engages in acquiring and chartering double-hull tankers worldwide. 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
SymbolNYSE:NAT
CUSIPG6577310
Phone441-292-7202
Debt
Debt-to-Equity Ratio0.56
Current Ratio4.97
Quick Ratio3.82
Price-To-Earnings
Trailing P/E Ratio-4.21
Forward P/E Ratio-7.48
P/E GrowthN/A
Sales & Book Value
Annual Sales$154.68 million
Price / Sales2.74
Cash Flow$0.2205 per share
Price / Cash13.56
Book Value$5.01 per share
Price / Book0.60
Profitability
EPS (Most Recent Fiscal Year)($0.71)
Net Income$-204,960,000.00
Net Margins-70.33%
Return on Equity-12.23%
Return on Assets-7.59%
Miscellaneous
Employees21
Outstanding Shares141,970,000
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 declared a quarterly dividend on Friday, April 27th. Stockholders of record on Thursday, May 24th will be paid a dividend of $0.01 per share on Tuesday, June 12th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.34%. The ex-dividend date of this dividend is Wednesday, May 23rd. View Nordic American Tanker's Dividend History.
How were Nordic American Tanker's earnings last quarter?
Nordic American Tanker Ltd (NYSE:NAT) announced its quarterly earnings data on Wednesday, May, 16th. The shipping company reported ($0.13) EPS for the quarter, topping the Thomson Reuters' consensus estimate of ($0.20) by $0.07. Nordic American Tanker had a negative return on equity of 12.23% and a negative net margin of 70.33%. View Nordic American Tanker's Earnings History.
When is Nordic American Tanker's next earnings date?
What price target have analysts set for NAT?
7 equities research analysts have issued 12 month target prices 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 $2.7083 in the next twelve months. View Analyst Ratings for Nordic American Tanker.
What are Wall Street analysts saying about Nordic American Tanker stock?
Here are some recent quotes from research analysts about Nordic American Tanker stock:
- 1. According to Zacks Investment Research, "NORDIC AMERICAN is engaged of acquiring, disposing, owning, leasing, and chartering three double hull Suezmax oil tankers. " (4/25/2018)
- 2. Maxim Group analysts commented, "NAT reported 4Q17 results which were ahead of our estimates, but below the consensus forecasts, and remained depressed. The beat was mainly attributable to a higher TCE rate of $13,800 per vessel/day versus our estimate of $10,500 per vessel/day." (2/12/2018)
Who are some of Nordic American Tanker's key competitors?
Some companies that are related to Nordic American Tanker include GasLog (GLOG), Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (GLOP), Kenon (KEN), KNOT Offshore Partners (KNOP), Tidewater (TDW), International Seaways (INSW), Hoegh LNG Partners (HMLP), Teekay Tankers (TNK), Dynagas LNG Partners (DLNG), Hornbeck Offshore Services (HOS) and Odyssey Marine Exploration (OMEX).
Who are Nordic American Tanker's key executives?
Nordic American Tanker's management team includes the folowing people:
- Mr. Herbjørn Hansson, Founder, Chairman, CEO, Pres and CEO of Scandic American Shipping (Age 70)
- Mr. Bjørn Giaever, Chief Financial Officer (Age 51)
- Mr. Jan H. A. Møller, Head of Investor Relations and Financial Mang. (Age 33)
- Erik Tomstad, Exec. VP of Chartering
- Mr. Paal Stenberg, VP ? Technical Operations and Vetting (Age 46)
Has Nordic American Tanker been receiving favorable news coverage?
News stories about NAT stock have trended somewhat positive on Sunday, Accern Sentiment reports. The research group ranks the sentiment of press coverage by reviewing more than twenty million news and blog sources in real time. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Nordic American Tanker earned a media sentiment score of 0.05 on Accern's scale. They also gave media headlines about the shipping company an impact score of 46.66 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near term.
Who are Nordic American Tanker's major shareholders?
Nordic American Tanker's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (4.59%), City Financial Investment Co Ltd (1.41%), City Financial Investment Co Ltd (1.41%), Guggenheim Capital LLC (1.07%), Northern Trust Corp (0.83%) and Schwab Charles Investment Management Inc. (0.75%). View Institutional Ownership Trends for Nordic American Tanker.
Which major investors are buying Nordic American Tanker stock?
NAT stock was acquired by a variety of institutional investors in the last quarter, including City Financial Investment Co Ltd, City Financial Investment Co Ltd, BlackRock Inc., Susquehanna Fundamental Investments LLC, Guggenheim Capital LLC, Schwab Charles Investment Management Inc., Wells Fargo & Company MN and Arnhold LLC. View Insider Buying and Selling for Nordic American Tanker.
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, Scottrade, Fidelity and Charles Schwab.
What is Nordic American Tanker's stock price today?
One share of NAT stock can currently be purchased for approximately $2.99.
How big of a company is Nordic American Tanker?
Nordic American Tanker has a market capitalization of $387.58 million and generates $154.68 million in revenue each year. The shipping company earns $-204,960,000.00 in net income (profit) each year or ($0.71) on an earnings per share basis. Nordic American Tanker employs 21 workers across the globe.
How can I contact Nordic American Tanker?
Nordic American Tanker's mailing address is LOM BUILDING 27 REID STREET, HAMILTON 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 (NAT)
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.
