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 Tuesday, February 18th. Shareholders of record on Monday, March 2nd will be paid a dividend of $0.07 per share on Monday, March 16th. This represents a $0.28 dividend on an annualized basis and a dividend yield of 9.66%. The ex-dividend date is Friday, February 28th. This is an increase from Nordic American Tanker's previous quarterly dividend of $0.02. View Nordic American Tanker's Dividend History.

Nordic American Tanker Ltd (NYSE:NAT) announced its quarterly earnings data on Tuesday, February, 18th. The shipping company reported $0.09 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by $0.08. The shipping company earned $58.82 million during the quarter, compared to analyst estimates of $72.97 million. Nordic American Tanker had a negative net margin of 5.90% and a negative return on equity of 1.77%. View Nordic American Tanker's Earnings History.

Nordic American Tanker is scheduled to release their next quarterly earnings announcement on Tuesday, May 12th 2020. View Earnings Estimates for Nordic American Tanker.

2 analysts have issued 1-year target prices for Nordic American Tanker's stock. Their forecasts range from $4.00 to $4.75. On average, they anticipate Nordic American Tanker's share price to reach $4.38 in the next twelve months. This suggests a possible upside of 50.9% from the stock's current price. View Analyst Price Targets for Nordic American Tanker.

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

Headlines about NAT stock have been trending extremely negative on Wednesday, according to InfoTrie Sentiment Analysis. 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 publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Nordic American Tanker earned a media sentiment score of -5.0 on InfoTrie's scale. They also assigned news articles 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 company's share price in the near term. View News Stories for Nordic American Tanker.

Some companies that are related to Nordic American Tanker include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Ship Finance International (SFL), Frontline (FRO), SemGroup (SEMG), Golar LNG (GLNG), Scorpio Tankers (STNG), Golden Ocean Group (GOGL), GasLog (GLOG), Teekay Tankers (TNK) 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 a variety of of retail and institutional investors. Top institutional investors include State Street Corp (1.95%), Greylin Investment Mangement Inc. (1.59%), Prudential Financial Inc. (0.95%), Geode Capital Management LLC (0.87%), EAM Global Investors LLC (0.79%) and EAM Investors LLC (0.57%).

NAT stock was sold by a variety of institutional investors in the last quarter, including Advisor Group Inc., SG Americas Securities LLC, Bank of America Corp DE, First Allied Advisory Services Inc. and Principal Financial Group Inc..

NAT stock was acquired by a variety of institutional investors in the last quarter, including Prudential Financial Inc., EAM Global Investors LLC, EAM Investors LLC, Public Sector Pension Investment Board, Man Group plc, Acadian Asset Management LLC, Hodges Capital Management Inc. and 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 $2.90.

Nordic American Tanker has a market capitalization of $411.71 million and generates $175.45 million in revenue each year. The shipping company earns $-10,350,000.00 in net income (profit) each year or ($0.07) 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]