Nordic American Tankers Stock Forecast, Price & News

Nordic American Tankers (NYSE:NAT) Frequently Asked Questions

Is Nordic American Tankers a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tankers in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Nordic American Tankers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NAT, but not buy additional shares or sell existing shares.
View analyst ratings for Nordic American Tankers or view top-rated stocks.

What stocks does MarketBeat like better than Nordic American Tankers?

Wall Street analysts have given Nordic American Tankers a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nordic American Tankers wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Nordic American Tankers?

Nordic American Tankers saw a decline in short interest in the month of August. As of August 13th, there was short interest totaling 5,660,000 shares, a decline of 17.3% from the July 29th total of 6,840,000 shares. Based on an average trading volume of 2,150,000 shares, the days-to-cover ratio is presently 2.6 days. Currently, 3.8% of the company's shares are sold short.
View Nordic American Tankers' Short Interest.

When is Nordic American Tankers' next earnings date?

Nordic American Tankers is scheduled to release its next quarterly earnings announcement on Tuesday, November 16th 2021.
View our earnings forecast for Nordic American Tankers.

How were Nordic American Tankers' earnings last quarter?

Nordic American Tankers Limited (NYSE:NAT) issued its quarterly earnings results on Sunday, August, 29th. The shipping company reported ($0.18) EPS for the quarter, missing the Thomson Reuters' consensus estimate of ($0.17) by $0.01. The shipping company earned $16.75 million during the quarter, compared to analysts' expectations of $19.04 million. Nordic American Tankers had a negative net margin of 103.66% and a negative trailing twelve-month return on equity of 15.60%.
View Nordic American Tankers' earnings history.

How has Nordic American Tankers' stock been impacted by Coronavirus?

Nordic American Tankers' stock was trading at $3.16 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, NAT shares have decreased by 19.3% and is now trading at $2.55.
View which stocks have been most impacted by COVID-19.

How often does Nordic American Tankers pay dividends? What is the dividend yield for Nordic American Tankers?

Nordic American Tankers announced a quarterly dividend on Tuesday, August 31st. Stockholders of record on Friday, September 24th will be given a dividend of $0.01 per share on Thursday, October 14th. This represents a $0.04 annualized dividend and a dividend yield of 1.57%. The ex-dividend date is Thursday, September 23rd.
View Nordic American Tankers' dividend history.

Is Nordic American Tankers a good dividend stock?

Nordic American Tankers pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.73%. The dividend payout ratio of Nordic American Tankers is 11.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Nordic American Tankers will have a dividend payout ratio of 80.00% in the coming year. This indicates that Nordic American Tankers may not be able to sustain their current dividend.
View Nordic American Tankers' dividend history.

What price target have analysts set for NAT?

3 analysts have issued 12-month price targets for Nordic American Tankers' stock. Their forecasts range from $2.75 to $5.00. On average, they anticipate Nordic American Tankers' share price to reach $3.83 in the next year. This suggests a possible upside of 50.3% from the stock's current price.
View analysts' price targets for Nordic American Tankers or view top-rated stocks among Wall Street analysts.

Who are Nordic American Tankers' key executives?

Nordic American Tankers' management team includes the following people:

• Herbjørn Hansson, Chairman, President & Chief Executive Officer
• Bjørn Giæver, Chief Financial Officer & Secretary

What is Ignacio Miras Massaguer's approval rating as Nordic American Tankers' CEO?

3 employees have rated Nordic American Tankers CEO Ignacio Miras Massaguer on Glassdoor.com. Ignacio Miras Massaguer has an approval rating of 68% among Nordic American Tankers' employees.

Who are some of Nordic American Tankers' key competitors?

Some companies that are related to Nordic American Tankers include Kinder Morgan (KMI), The Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Golden Ocean Group (GOGL), Golar LNG (GLNG), SFL (SFL), Scorpio Tankers (STNG), Teekay Tankers (TNK) and Teekay (TK).
View all of NAT's competitors.

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 a number of institutional and retail investors. Top institutional investors include Morgan Stanley (3.18%), Morgan Stanley (3.18%), Wells Fargo & Company MN (3.06%), JPMorgan Chase & Co. (2.25%), State Street Corp (1.70%) and Dimensional Fund Advisors LP (1.27%).

Which major investors are selling Nordic American Tankers stock?

NAT stock was sold by a variety of institutional investors in the last quarter, including QS Investors LLC, State Street Corp, Balyasny Asset Management LLC, Citigroup Inc., BNP Paribas Arbitrage SA, Bank of America Corp DE, Sei Investments Co., and Bank of Montreal Can.

Which major investors are buying Nordic American Tankers stock?

NAT stock was bought by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., Millennium Management LLC, Edgestream Partners L.P., Susquehanna Fundamental Investments LLC, Wells Fargo & Company MN, Group One Trading L.P., Citadel Advisors LLC, and Charles Schwab Investment Management Inc..

How do I buy shares of Nordic American Tankers?

Shares of NAT 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 $2.55.

How much money does Nordic American Tankers make?

Nordic American Tankers has a market capitalization of $386.19 million and generates $233.53 million in revenue each year. The shipping company earns $50.03 million in net income (profit) each year or $0.34 on an earnings per share basis.

How many employees does Nordic American Tankers have?

Nordic American Tankers employs 20 workers across the globe.

What is Nordic American Tankers' official website?

The official website for Nordic American Tankers is www.nat.bm.

Where are Nordic American Tankers' headquarters?

Nordic American Tankers is headquartered at 27 REID STREET, HAMILTON D0, HM 11.

How can I contact Nordic American Tankers?

Nordic American Tankers' 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.