NYSE:NATNordic American Tanker Stock Price, Forecast & News Adding Choose a 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 Tanker Ltd Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.52 -0.24 (-5.04 %) (As of 05/28/2020 04:00 PM ET) Add Compare Share Today's Range$4.50Now: $4.52▼$4.8850-Day Range$3.46MA: $4.91▼$7.3452-Week Range$1.66Now: $4.52▼$9.00Volume5.77 million shsAverage Volume8.27 million shsMarket Capitalization$665.98 millionP/E Ratio30.13Dividend Yield11.76%Beta0.52 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 33 Suezmax crude oil tankers. The company was founded in 1995 and is based in Hamilton, Bermuda.Read More Beat the Market (BTM) Rank™ 1.2 Analyst's Opinion Consensus RatingNordic American Tanker has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.38, Nordic American Tanker has a potential downside of 3.2% from its current price of $4.52.Amount of Analyst CoverageNordic American Tanker has only been the subject of 1 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesNordic American Tanker has received 322 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNordic American Tanker has received 557 “underperform” votes. (Add your “underperform” vote.)Community SentimentNordic American Tanker has received 63.37% “underperform” votes from our community.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. Previous Next 1.7 Dividend Strength Dividend LeadershipNordic American Tanker is a leading dividend payer. It pays a dividend yield of 11.76%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNordic American Tanker has only been increasing its dividend for 1 years.Dividend SustainabilityBased on EPS estimates, Nordic American Tanker will have a dividend payout ratio of 86.15 % in the coming year. This indicates that Nordic American Tanker may not be able to sustain their current dividend. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nordic American Tanker insiders have not sold or bought any company stock.Percentage Held by Institutions35.07% of the stock of Nordic American Tanker is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.0 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tanker are expected to decrease by -26.97% in the coming year, from $0.89 to $0.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tanker is 30.13, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 14.93.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tanker is 30.13, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 14.49.Price to Book Value per Share RatioNordic American Tanker has a P/B Ratio of 1.12. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next Analyst Opinion: 1.2Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.13 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNYSE:NAT Previous Symbol CUSIPG6577310 CIK1000177 Webwww.nat.bm Phone441-292-7202Debt Debt-to-Equity Ratio0.63 Current Ratio2.19 Quick Ratio1.81Price-To-Earnings Trailing P/E Ratio30.13 Forward P/E Ratio5.08 P/E GrowthN/A Sales & Book Value Annual Sales$175.45 million Price / Sales3.80 Cash Flow$0.40 per share Price / Cash Flow11.21 Book Value$4.04 per share Price / Book1.12Profitability EPS (Most Recent Fiscal Year)($0.07) Net Income$-10,350,000.00 Net Margins11.32% Return on Equity4.04% Return on Assets2.30%Miscellaneous EmployeesN/A Outstanding Shares147,340,000Market Cap$665.98 million Next Earnings Date8/21/2020 (Estimated) OptionableOptionable NAT Rates by TradingView Receive NAT News and Ratings via Email Sign-up to receive the latest news and ratings for NAT and its competitors with MarketBeat's FREE daily newsletter. Nordic American Tanker (NYSE:NAT) Frequently Asked Questions How has Nordic American Tanker's stock been impacted by COVID-19 (Coronavirus)? Nordic American Tanker's stock was trading at $3.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NAT stock has increased by 43.0% and is now trading at $4.52. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is Nordic American Tanker's next earnings date? Nordic American Tanker is scheduled to release its next quarterly earnings announcement on Friday, August 21st 2020. View our earnings forecast for Nordic American Tanker. How were Nordic American Tanker's earnings last quarter? Nordic American Tanker Ltd (NYSE:NAT) announced its quarterly earnings results on Monday, May, 18th. The shipping company reported $0.27 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.25 by $0.02. The shipping company had revenue of $86.18 million for the quarter, compared to analyst estimates of $81.33 million. Nordic American Tanker had a net margin of 11.32% and a return on equity of 4.04%. View Nordic American Tanker's earnings history. 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 Thursday, May 21st. Investors of record on Friday, August 28th will be paid a dividend of $0.20 per share on Friday, September 4th. This represents a $0.80 dividend on an annualized basis and a dividend yield of 17.70%. The ex-dividend date is Thursday, August 27th. This is a positive change from Nordic American Tanker's previous quarterly dividend of $0.14. View Nordic American Tanker's dividend history. What price target have analysts set for NAT? 3 Wall Street analysts have issued 12-month 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 that the stock has a possible downside of 3.2%. View analysts' price targets for Nordic American Tanker. Has Nordic American Tanker been receiving favorable news coverage? News articles about NAT stock have trended very negative this week, according to InfoTrie Sentiment. The research firm rates the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Nordic American Tanker earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View the latest news aboutNordic American Tanker. Who are some of Nordic American Tanker's key competitors? Some companies that are related to Nordic American Tanker include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Ship Finance International (SFL), SemGroup (SEMG), Scorpio Tankers (STNG), Golar LNG (GLNG), Teekay Tankers (TNK), Golden Ocean Group (GOGL), Teekay (TK) and GasLog (GLOG). View all competitors. What other stocks do shareholders of Nordic American Tanker own? Based on aggregate information from My MarketBeat watchlists, some companies that other Nordic American Tanker investors own include Precigen (PGEN), The Gabelli Dividend & Income Trust (GDV), Energy Transfer LP Unit (ET), Marinus Pharmaceuticals (MRNS), Realty Income (O), Ford Motor (F), AT&T (T), Centurylink (CTL), Opko Health (OPK) and ANNALY CAP MGMT/SH (NLY). Who are Nordic American Tanker's key executives? Nordic American Tanker's management team includes the following people: Mr. Herbjørn Hansson, Founder, Chairman, Pres & CEO (Age 71)Mr. Bjørn Giaever, Exec. VP & CFO (Age 52)Mr. Jan H. A. Møller, Head of Investor Relations and Financial Mang. (Age 34)Erik Tomstad, Exec. VP of CharteringMr. Jan Erik Langangen, Advisor & Director (Age 69) What is Nordic American Tanker's stock symbol? Nordic American Tanker trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAT." Who are Nordic American Tanker's major shareholders? Nordic American Tanker's stock is owned by a number of institutional and retail investors. Top institutional shareholders include BlackRock Inc. (5.49%), Morgan Stanley (3.57%), Morgan Stanley (3.57%), State Street Corp (1.86%), Geode Capital Management LLC (0.76%) and WealthTrust Axiom LLC (0.63%). Which major investors are selling Nordic American Tanker stock? NAT stock was sold by a variety of institutional investors in the last quarter, including EAM Global Investors LLC, Hodges Capital Management Inc., Two Sigma Investments LP, EAM Investors LLC, Tudor Investment Corp Et Al, Invesco Ltd., Parametric Portfolio Associates LLC, and Morgan Stanley. Which major investors are buying Nordic American Tanker stock? NAT stock was bought by a variety of institutional investors in the last quarter, including UBS Group AG, AQR Capital Management LLC, JPMorgan Chase & Co., Schroder Investment Management Group, Two Sigma Advisers LP, Advisor Group Holdings Inc., Nuveen Asset Management LLC, and Principal Financial Group Inc.. 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, Robinhood, Fidelity, and Charles Schwab. What is Nordic American Tanker's stock price today? One share of NAT stock can currently be purchased for approximately $4.52. How big of a company is Nordic American Tanker? Nordic American Tanker has a market capitalization of $665.98 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. What is Nordic American Tanker's official website? The official website for Nordic American Tanker is www.nat.bm. How can I contact Nordic American Tanker? Nordic American Tanker's mailing address is 27 REID STREET, HAMILTON D0, HM 11. The shipping company can be reached via phone at 441-292-7202 or via email at www.nat.bm. This page was last updated on 5/28/2020 by MarketBeat.com Staff
