NYSE:NAT - Nordic American Tanker Stock Price, Price Target & More

Nordic American Tanker trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAT."

Nordic American Tanker announced a quarterly dividend on Friday, April 27th. Shareholders of record on Thursday, May 24th will be paid a dividend of $0.01 per share on Tuesday, June 12th. This represents a $0.04 dividend on an annualized basis and a yield of 1.67%. The ex-dividend date is Wednesday, May 23rd. View Nordic American Tanker's Dividend History.

Nordic American Tanker Ltd (NYSE:NAT) issued its earnings results on Wednesday, May, 16th. The shipping company reported ($0.13) EPS for the quarter, beating the Zacks' consensus estimate of ($0.20) by $0.07. The shipping company had revenue of $29.62 million for the quarter, compared to analysts' expectations of $31.25 million. Nordic American Tanker had a negative net margin of 70.33% and a negative return on equity of 12.23%. View Nordic American Tanker's Earnings History.

Nordic American Tanker is scheduled to release their next quarterly earnings announcement on Monday, December, 17th 2018. View Earnings Estimates for Nordic American Tanker.

5 analysts have issued 1-year target prices for Nordic American Tanker's stock. Their forecasts range from $1.00 to $3.00. On average, they anticipate Nordic American Tanker's stock price to reach $2.30 in the next year. This suggests that the stock has a possible downside of 3.8%. View Analyst Ratings for Nordic American Tanker.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tanker in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Some companies that are related to Nordic American Tanker include Teekay Lng Partners, L.P. Common Stock (TGP), Golden Ocean Group (GOGL), Golar LNG Partners (GMLP), Teekay Offshore Partners (TOO), GasLog Partners LP Unit (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 EuroDry (EDRY).

Media coverage about NAT stock has trended somewhat negative this week, Accern Sentiment reports. The research group identifies negative and positive news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Nordic American Tanker earned a media sentiment score of -0.02 on Accern's scale. They also assigned press coverage about the shipping company an impact score of 46.89 out of 100, indicating that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near future.

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.

One share of NAT stock can currently be purchased for approximately $2.39.

Nordic American Tanker has a market capitalization of $339.31 million and generates $154.68 million in revenue each year. The shipping company earns $-204,960,000.00 in net income (profit) each year or ($0.71) on an earnings per share basis. Nordic American Tanker employs 21 workers across the globe.

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 441-292-7202 or via email at [email protected]