NYSE:NAT Nordic American Tankers - NAT Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Nordic American Tankers Limited Please log in to your account or sign up in order to add this asset to your watchlist. $4.03 -0.07 (-1.71%) (As of 03/23/2023 12:00 AM ET) Add Compare Share Share Today's Range$4.00▼$4.2350-Day Range$2.89▼$4.5452-Week Range$1.74▼$4.65Volume2.36 million shsAverage Volume3.63 million shsMarket Capitalization$779.64 millionP/E Ratio67.17Dividend Yield14.89%Price Target$5.25 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Nordic American Tankers MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside30.3% Upside$5.25 Price TargetShort InterestHealthy3.60% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.38Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-18.18%From $0.55 to $0.45 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.19 out of 5 starsTransportation Sector66th out of 123 stocksWater Transportation Industry10th out of 19 stocks 3.5 Analyst's Opinion Consensus RatingNordic American Tankers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.25, Nordic American Tankers has a forecasted upside of 30.3% from its current price of $4.03.Amount of Analyst CoverageNordic American Tankers has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.60% 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 2, 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 0.43%, indicating that investor sentiment is decreasing. Previous Next 1.7 Dividend Strength Dividend LeadershipNordic American Tankers is a leading dividend payer. It pays a dividend yield of 15.46%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNordic American Tankers has only been increasing its dividend for 2 years.Dividend CoverageThe dividend payout ratio of Nordic American Tankers is 1,000.00%. 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 133.33% in the coming year. This indicates that Nordic American Tankers may not be able to sustain their current 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 2.4 News and Social Media Coverage News SentimentNordic American Tankers has a news sentiment score of 0.38. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Nordic American Tankers this week, compared to 3 articles on an average week.Search InterestOnly 32 people have searched for NAT on MarketBeat in the last 30 days. This is a decrease of -6% compared to the previous 30 days.MarketBeat Follows12 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 71% 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 Institutions40.41% 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. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tankers are expected to decrease by -18.18% in the coming year, from $0.55 to $0.45 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 67.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 67.17, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 33.89.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.44. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nordic American Tankers (NYSE:NAT) StockNordic American Tankers Ltd. operates as an international tanker company. It owns and operates Suezmax crude oil tankers. The company was founded by Herbjorn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda.Read More 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 NAT Stock News HeadlinesMarch 9, 2023 | marketbeat.comOil Tankers In Buy Range After Breaking Out Of Bases (NAT)Several oil tanker stocks are in buy range, or close to it, as the war in Ukraine and high crude prices are contributing to high earnings for tanker companies.March 3, 2023 | marketbeat.comOil Tankers Boost Dividends, See Continued Robust Business In '23Oil tankers are trending higher due to short supply and high demand. Nordic American Tanker and International Seaways recently boosted shareholder payouts.March 24, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 23, 2023 | americanbankingnews.comBrokers Offer Predictions for Nordic American Tankers Limited's FY2023 Earnings (NYSE:NAT)March 22, 2023 | finance.yahoo.comNordic American Tankers Limited (NYSE:NAT) Is Going Strong But Fundamentals Appear To Be Mixed : Is There A Clear Direction For The Stock?March 20, 2023 | finanznachrichten.deNordic American Tankers Limited: Nordic American Tankers Ltd (NYSE: NAT) - Update on important questionsMarch 20, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Update on important questionsMarch 13, 2023 | msn.comNordic American Tankers' Debt OverviewMarch 24, 2023 | Behind the Markets (Ad)Buy THIS stock before Taiwan is attacked... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.March 9, 2023 | finanznachrichten.deNordic American Tankers Limited: Nordic American Tankers Ltd (NYSE: NAT) - Investor Conference Call audio replay and transcript availableMarch 9, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call audio replay and transcript availableMarch 8, 2023 | finanznachrichten.deNordic American Tankers Limited: Nordic American Tankers Ltd (NYSE: NAT) - Investor Conference Call - audio replay and transcript availableMarch 8, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call - audio replay and transcript availableMarch 6, 2023 | finance.yahoo.comEstimating The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)March 6, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call detailsMarch 4, 2023 | benzinga.comNordic American Tankers Stock (NYSE:NAT), Trade IdeasMarch 1, 2023 | msn.comNordic American Tanker (NAT) Declares $0.15 DividendFebruary 28, 2023 | finanznachrichten.deNordic American Tankers Limited: Nordic American Tankers Ltd (NYSE: NAT) - Board Member Alexander Hansson buys more NAT sharesFebruary 28, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson buys more NAT sharesFebruary 27, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Report December 31, 2022 (Fourth quarter & full year 2022) - Rates & Dividends are upFebruary 23, 2023 | finance.yahoo.comIs a Surprise Coming for Nordic American Tankers (NAT) This Earnings Season?February 17, 2023 | finance.yahoo.comNordic American Tankers Limited's (NYSE:NAT) market cap touched US$787m last week, benefiting both individual investors who own 56% as well as institutionsFebruary 10, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Announces fourth quarter and full year 2022 earnings release date, Monday February 27, 2023February 3, 2023 | seekingalpha.comNordic American Tankers: A Perfect Market To Dispose Of Old Vessels At Massive GainsJanuary 21, 2023 | finance.yahoo.comThose who invested in Nordic American Tankers (NYSE:NAT) a year ago are up 103%January 4, 2023 | thestreet.comNordic American Tankers Stock To Go Ex-dividend Tuesday (NAT)January 4, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Some reflections at the start of the New YearSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart 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 NAT Company Calendar Last Earnings2/27/2023Ex-Dividend for 3/28 Dividend3/13/2023Today3/23/2023Dividend Payable3/28/2023Next Earnings (Estimated)5/30/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNYSE:NAT CUSIPG6577310 CIK1000177 Webwww.nat.bm Phone(441) 292-7202Fax441-292-5962Employees20Year FoundedN/APrice Target and Rating Average Stock Price Forecast$5.25 High Stock Price Forecast$5.50 Low Stock Price Forecast$5.00 Forecasted Upside/Downside+30.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.06 Trailing P/E Ratio67.17 Forward P/E Ratio7.33 P/E GrowthN/ANet Income$15.10 million Net Margins8.95% Pretax Margin8.94% Return on Equity2.96% Return on Assets1.73% Debt Debt-to-Equity Ratio0.49 Current Ratio1.96 Quick Ratio1.61 Sales & Book Value Annual Sales$168.82 million Price / Sales4.62 Cash Flow$0.35 per share Price / Cash Flow11.46 Book Value$2.79 per share Price / Book1.44Miscellaneous Outstanding Shares193,460,000Free Float187,945,000Market Cap$779.64 million OptionableOptionable Beta0.14 Key ExecutivesHerbjørn HanssonChairman, President & Chief Executive OfficerBjørn GiæverChief Financial Officer & SecretaryErik TomstadExecutive Vice President-CharteringKey CompetitorsGolden Ocean GroupNASDAQ:GOGLGolar LNGNASDAQ:GLNGGasLog PartnersNYSE:GLOPFLEX LNGNYSE:FLNGInternational SeawaysNYSE:INSWView All CompetitorsInstitutional OwnershipAlliancebernstein L.P.Bought 41,800 shares on 2/16/2023Ownership: 0.104%State of WyomingBought 63,727 shares on 2/16/2023Ownership: 0.033%CreativeOne Wealth LLCBought 30,495 shares on 2/16/2023Ownership: 0.016%Mariner LLCSold 3,247 shares on 2/15/2023Ownership: 0.019%Squarepoint Ops LLCBought 3,392 shares on 2/15/2023Ownership: 0.017%View All Institutional Transactions NAT Stock - Frequently Asked Questions Should I buy or sell Nordic American Tankers stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tankers in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" NAT shares. View NAT analyst ratings or view top-rated stocks. What is Nordic American Tankers' stock price forecast for 2023? 3 Wall Street research analysts have issued 12 month price objectives for Nordic American Tankers' shares. Their NAT share price forecasts range from $5.00 to $5.50. On average, they anticipate the company's share price to reach $5.25 in the next year. This suggests a possible upside of 30.3% from the stock's current price. View analysts price targets for NAT or view top-rated stocks among Wall Street analysts. How have NAT shares performed in 2023? Nordic American Tankers' stock was trading at $3.06 at the beginning of the year. Since then, NAT shares have increased by 31.7% and is now trading at $4.03. View the best growth stocks for 2023 here. When is Nordic American Tankers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Tuesday, May 30th 2023. View our NAT earnings forecast. How were Nordic American Tankers' earnings last quarter? Nordic American Tankers Limited (NYSE:NAT) issued its quarterly earnings results on Monday, February, 27th. The shipping company reported $0.17 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.22 by $0.05. The shipping company had revenue of $71.10 million for the quarter, compared to analyst estimates of $83.48 million. Nordic American Tankers had a trailing twelve-month return on equity of 2.96% and a net margin of 8.95%. During the same quarter in the prior year, the company earned ($0.12) earnings per share. How often does Nordic American Tankers pay dividends? What is the dividend yield for Nordic American Tankers? Nordic American Tankers declared a quarterly dividend on Monday, February 27th. Shareholders of record on Tuesday, March 14th will be given a dividend of $0.15 per share on Tuesday, March 28th. This represents a $0.60 annualized dividend and a dividend yield of 14.89%. The ex-dividend date of this dividend is Monday, March 13th. This is an increase from the stock's previous quarterly dividend of $0.05. Read our dividend analysis for NAT. What ETFs hold Nordic American Tankers' stock? ETFs with the largest weight of Nordic American Tankers (NYSE:NAT) stock in their portfolio include SonicShares Global Shipping ETF (BOAT), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ) and iShares Micro-Cap ETF (IWC) and Is Nordic American Tankers a good dividend stock? Nordic American Tankers (NYSE:NAT) pays an annual dividend of $0.60 per share and currently has a dividend yield of 15.46%. NAT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 2 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 1,000.00%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NAT will have a dividend payout ratio of 133.33% in the coming year. This indicates that the company may not be able to sustain their current dividend. Read our dividend analysis for NAT. 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. What other stocks do shareholders of Nordic American Tankers own? Based on aggregate information from My MarketBeat watchlists, some companies that other 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), AT&T (T), OPKO Health (OPK), Lumen Technologies (LUMN) and Annaly Capital Management (NLY). What is Nordic American Tankers' stock symbol? Nordic American Tankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAT." Who are Nordic American Tankers' major shareholders? Nordic American Tankers' stock is owned by many different institutional and retail investors. Top institutional shareholders include Millennium Management LLC (3.86%), Morgan Stanley (3.51%), Allspring Global Investments Holdings LLC (2.21%), Dimensional Fund Advisors LP (1.85%), JPMorgan Chase & Co. (1.58%) and Two Sigma Investments LP (1.48%). 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Nordic American Tankers' stock price today? One share of NAT stock can currently be purchased for approximately $4.03. How much money does Nordic American Tankers make? Nordic American Tankers (NYSE:NAT) has a market capitalization of $779.64 million and generates $168.82 million in revenue each year. The shipping company earns $15.10 million in net income (profit) each year or $0.06 on an earnings per share basis. How can I contact Nordic American Tankers? Nordic American Tankers' mailing address is 27 REID STREET, HAMILTON D0, HM 11. The official website for the company is www.nat.bm. The shipping company can be reached via phone at (441) 292-7202, via email at www.nat.bm, or via fax at 441-292-5962. This page (NYSE:NAT) was last updated on 3/24/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. 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