About Nordic American Tanker (NYSE:NAT)
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
Phone1-441-292-7202
Debt
Debt-to-Equity Ratio0.46%
Current Ratio5.01%
Quick Ratio4.10%
Price-To-Earnings
Trailing P/E Ratio-2.94
Forward P/E Ratio-5.81
P/E GrowthN/A
Sales & Book Value
Annual Sales$154.68 million
Price / Sales1.92
Cash Flow$0.1897 per share
Price / Cash11.02
Book Value$5.92 per share
Price / Book0.35
Profitability
EPS (Most Recent Fiscal Year)($0.71)
Net Income$-75,500,000.00
Net Margins-48.82%
Return on Equity-9.01%
Return on Assets-5.72%
Miscellaneous
Employees19
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 announced a quarterly dividend on Friday, January 26th. Investors of record on Wednesday, February 21st will be paid a dividend of $0.03 per share on Friday, March 9th. This represents a $0.12 annualized dividend and a yield of 5.74%. The ex-dividend date of this dividend is Tuesday, February 20th. View Nordic American Tanker's Dividend History.
How were Nordic American Tanker's earnings last quarter?
Nordic American Tanker Ltd (NYSE:NAT) issued its earnings results on Monday, February, 12th. The shipping company reported ($0.20) earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of ($0.17) by $0.03. The shipping company earned $36.72 million during the quarter, compared to analyst estimates of $45.46 million. Nordic American Tanker had a negative return on equity of 9.01% and a negative net margin of 48.82%. 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 price objectives 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 $2.75 in the next year. 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. " (3/7/2018)
- 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 Golden Ocean Group (GOGL), Teekay Offshore Partners (TOO), GasLog Partners (GLOP), Kenon (KEN), Tidewater (TDW), KNOT Offshore Partners (KNOP), International Seaways (INSW), Hoegh LNG Partners (HMLP), Dynagas LNG Partners (DLNG), Teekay Tankers (TNK), Hornbeck Offshore Services (HOS), Odyssey Marine Exploration (OMEX) and Caspian Services (CSSV).
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?
Media coverage about NAT stock has been trending somewhat positive this week, according to Accern. Accern identifies negative and positive news coverage by monitoring 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 one, with scores closest to one being the most favorable. Nordic American Tanker earned a news impact score of 0.12 on Accern's scale. They also assigned headlines about the shipping company an impact score of 45.04 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future.
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 $2.09.
How big of a company is Nordic American Tanker?
Nordic American Tanker has a market capitalization of $299.56 million and generates $154.68 million in revenue each year. The shipping company earns $-75,500,000.00 in net income (profit) each year or ($0.71) on an earnings per share basis. Nordic American Tanker employs 19 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 1-441-292-7202 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.
Nordic American Tanker (NYSE:NAT) Price Target and Consensus Rating
(How are Consensus Ratings Calculated?) MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
7 Wall Street analysts have issued ratings and price targets for Nordic American Tanker in the last 12 months. Their average twelve-month price target is $2.75, suggesting that the stock has a possible upside of 31.58%. The high price target for NAT is $5.00 and the low price target for NAT is $1.00. There are currently 2 sell ratings, 4 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of "Hold."
| Today | 30 Days Ago | 90 Days Ago | 180 Days Ago |
| Consensus Rating: | Hold | Hold | Hold | Hold |
| Consensus Rating Score: | 1.86 | 1.86 | 1.86 | 1.50 |
| Ratings Breakdown: | 2 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 2 Sell Rating(s)
4 Hold Rating(s)
1 Buy Rating(s)
0 Strong Buy Rating(s) | 3 Sell Rating(s)
3 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s) |
| Consensus Price Target: | $2.75 | $2.75 | $3.60 | $6.10 |
| Price Target Upside: | 31.58% upside | 25.57% upside | 36.88% upside | 22.49% upside |
Nordic American Tanker (NYSE:NAT) Consensus Price Target History
Nordic American Tanker (NYSE:NAT) Analyst Ratings History
Show:
(Data available from 4/24/2016 forward)
Nordic American Tanker (NYSE:NAT) Dividend Information
Nordic American Tanker pays an annual dividend of $0.12 per share, with a dividend yield of 5.74%. NAT's most recent quarterly dividend payment was Friday, March 9. Nordic American Tanker pays out -16.90% of its earnings out as a dividend.
| Most Recent Dividend: | 3/9/2018 |
| Annual Dividend: | $0.12 |
| Dividend Yield: | 5.74% |
| Dividend Growth: | -10.50% (3 Year Average) |
| Payout Ratio: | -16.90% (Trailing 12 Months of Earnings)
-33.33% (Based on This Year's Estimates)
1,200.00% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Nordic American Tanker (NYSE:NAT) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 1/26/2018 | Quarterly | $0.03 | 6.19% | 2/20/2018 | 2/21/2018 | 3/9/2018 |
| 10/26/2017 | quarterly | $0.03 | 2.68% | 11/10/2017 | 11/13/2017 | 12/5/2017 |
| 7/21/2017 | Quarterly | $0.15 | 7.27% | 8/10/2017 | 8/14/2017 | 8/31/2017 |
| 4/20/2017 | quarterly | $0.20 | 9.55% | 5/18/2017 | 5/22/2017 | 6/8/2017 |
| 1/23/2017 | Quarterly | $0.20 | 9.21% | 2/8/2017 | 2/10/2017 | 2/24/2017 |
| 10/17/2016 | Quarterly | $0.26 | 10.6% | 10/25/2016 | 10/27/2016 | 11/10/2016 |
| 7/28/2016 | Quarterly | $0.25 | | 8/15/2016 | 8/17/2016 | 8/31/2016 |
| 4/26/2016 | quarterly | $0.43 | 11.52% | 5/10/2016 | 5/12/2016 | 5/27/2016 |
| 1/14/2016 | quarterly | $0.43 | 12.9% | 1/25/2016 | 1/27/2016 | 2/10/2016 |
| 10/15/2015 | quarterly | $0.38 | 9.73% | 10/27/2015 | 10/29/2015 | 11/12/2015 |
| 7/16/2015 | quarterly | $0.40 | 9.63% | 7/27/2015 | 7/29/2015 | 8/12/2015 |
| 4/15/2015 | quarterly | $0.38 | 12.03% | 5/5/2015 | 5/7/2015 | 5/21/2015 |
| 1/9/2015 | quarterly | $0.22 | 7.58% | 1/20/2015 | 1/22/2015 | 2/9/2015 |
| 10/7/2014 | quarterly | $0.14 | 7.12% | 10/20/2014 | 10/22/2014 | 11/5/2014 |
| 7/21/2014 | quarterly | $0.13 | 5.09% | 7/23/2014 | 7/25/2014 | 8/11/2014 |
| 7/11/2014 | quarterly | $0.12 | 5.51% | 7/23/2014 | 7/25/2014 | 8/12/2014 |
| 4/2/2014 | | $0.23 | | 5/13/2014 | 5/15/2014 | 5/27/2014 |
| 4/2/2014 | quarterly | $0.23 | 9.24% | 5/13/2014 | 5/15/2014 | 5/25/2014 |
| 1/27/2014 | quarterly | $0.12 | 4.27% | 2/18/2014 | 2/20/2014 | 3/3/2014 |
| 10/21/2013 | | $0.16 | | 11/26/2013 | 11/29/2013 | 12/11/2013 |
| 10/16/2013 | quarterly | $0.16 | 7.59% | 11/18/2013 | 11/20/2013 | 12/2/2013 |
| 7/9/2013 | quarterly | $0.16 | 7.97% | 7/29/2013 | 7/31/2013 | 8/13/2013 |
| 4/16/2013 | quarterly | $0.16 | 7.03% | 4/26/2013 | 4/30/2013 | 5/14/2013 |
| 1/17/2013 | quarterly | $0.16 | | | 1/30/2013 | 2/13/2013 |
(Data available from 1/1/2013 forward)
Nordic American Tanker (NYSE NAT) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 28.75%
Nordic American Tanker (NYSE NAT) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Nordic American Tanker (NYSE NAT) News Headlines
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Nordic American Tanker (NYSE:NAT) SEC Filings
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Nordic American Tanker (NYSE:NAT) Income Statement, Balance Sheet and Cash Flow Statement
Nordic American Tanker (NYSE NAT) Stock Chart for Tuesday, April, 24, 2018
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