NYSE:NAT Nordic American Tankers - NAT Stock Forecast, Price & News Adding Choose a watchlist: 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 Tankers Limited Please log in to your account or sign up in order to add this asset to your watchlist. $3.08 +0.09 (+3.01%) (As of 01/31/2023 11:39 AM ET) Add Compare Share Share Today's Range$2.96▼$3.0850-Day Range$2.89▼$3.7552-Week Range$1.40▼$3.94Volume693,623 shsAverage Volume2.53 million shsMarket Capitalization$595.86 millionP/E RatioN/ADividend Yield6.69%Price Target$4.50 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media Nordic American Tankers MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside48.0% Upside$4.50 Price TargetShort InterestHealthy4.04% of Shares Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth306.67%From $0.15 to $0.61 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.51 out of 5 starsTransportation Sector33rd out of 125 stocksWater Transportation Industry6th out of 18 stocks 3.5 Analyst's Opinion Consensus RatingNordic American Tankers has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $4.50, Nordic American Tankers has a forecasted upside of 48.0% from its current price of $3.04.Amount of Analyst CoverageNordic American Tankers has only been the subject of 1 research reports in the past 90 days. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.04% of the outstanding shares of Nordic American Tankers have been sold short.Short Interest Ratio / Days to CoverNordic American Tankers has a short interest ratio ("days to cover") of 2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nordic American Tankers has recently decreased by 10.73%, indicating that investor sentiment is improving significantly. Previous Next 2.5 Dividend Strength Dividend LeadershipNordic American Tankers is a leading dividend payer. It pays a dividend yield of 6.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNordic American Tankers has only been increasing its dividend for 1 years.Dividend SustainabilityBased on earnings estimates, Nordic American Tankers will have a dividend payout ratio of 32.79% next year. This indicates that Nordic American Tankers will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NAT. Previous Next 0.0 News and Social Media Coverage Search InterestOnly 13 people have searched for NAT on MarketBeat in the last 30 days. This is a decrease of -7% compared to the previous 30 days.MarketBeat FollowsOnly 5 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is a decrease of -38% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nordic American Tankers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.85% of the stock of Nordic American Tankers is held by insiders.Percentage Held by Institutions40.41% of the stock of Nordic American Tankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tankers are expected to grow by 306.67% in the coming year, from $0.15 to $0.61 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is -13.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is -13.22, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Nordic American Tankers (NYSE:NAT) StockNordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.Read More Receive NAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nordic American Tankers and its competitors with MarketBeat's FREE daily newsletter. Email Address NAT Stock News HeadlinesJanuary 21, 2023 | finance.yahoo.comThose who invested in Nordic American Tankers (NYSE:NAT) a year ago are up 103%January 4, 2023 | thestreet.comNordic American Tankers Stock To Go Ex-dividend Tuesday (NAT)January 31, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.January 4, 2023 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Some reflections at the start of the New YearDecember 31, 2022 | finance.yahoo.comA Nordic American Tankers Limited (NYSE:NAT) insider increased their holdings by 10.0% last yearDecember 16, 2022 | finanznachrichten.deNordic American Tankers Limited: Nordic American Tankers Ltd (NYSE: NAT) - Greetings for the SeasonDecember 16, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Greetings for the SeasonDecember 9, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Update on spot contractsJanuary 31, 2023 | Porter & Company (Ad)The Next Big Crisis Is HereYou just can’t see it yet because it’s NOT a banking, financial, or economic crisis… it’s far worse and threatens every dollar in your retirement account.December 6, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call Transcript availableDecember 4, 2022 | finance.yahoo.comNordic American Tankers Third Quarter 2022 Earnings: EPS: US$0.048 (vs US$0.27 loss in 3Q 2021)November 30, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Report September 30, 2022 (Third quarter 2022) - Good times for our Suezmax tankers. Increased dividends expected.November 29, 2022 | seekingalpha.comNordic American Tankers Q3 2022 Earnings PreviewNovember 29, 2022 | msn.comA Preview Of Nordic American Tankers's EarningsNovember 28, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Investor Conference CallNovember 17, 2022 | finanznachrichten.deNordic American Tankers Limited: Nordic American Tankers Ltd (NYSE: NAT) - Announces Results of its 2022 Annual General Meeting of ShareholdersNovember 17, 2022 | finance.yahoo.comNordic American Tankers (NYSE:NAT) Is Paying Out A Larger Dividend Than Last YearNovember 17, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Announces Results of its 2022 Annual General Meeting of ShareholdersNovember 15, 2022 | finance.yahoo.comNavigator Holdings (NVGS) Lags Q3 Earnings and Revenue EstimatesNovember 10, 2022 | finanznachrichten.deNordic American Tankers Limited: Nordic American Tankers Ltd (NYSE: NAT) - 3Q 2022 dividend announcementNovember 10, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – 3Q 2022 dividend announcementOctober 31, 2022 | finance.yahoo.comBest Income Stocks to Buy for October 31stOctober 24, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) - Last fixturesOctober 7, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – 2022 Annual General Meeting of Shareholders (AGM)October 6, 2022 | nasdaq.comAre Transportation Stocks Lagging Nordic American Tankers Limited (NAT) This Year?October 1, 2022 | finanznachrichten.deNordic American Tankers Limited: Nordic American Tankers Ltd (NYSE: NAT) - Sale of Suezmax tanker (2003 built)September 29, 2022 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Sale of Suezmax tanker (2003 built)See More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive NAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nordic American Tankers and its competitors with MarketBeat's FREE daily newsletter. Email Address NAT Company Calendar Last Earnings11/30/2022Ex-Dividend for 12/20 Dividend12/05/2022Dividend Payable12/20/2022Today1/31/2023Next Earnings (Estimated)2/24/2023Fiscal Year End12/31/2023Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation SectorTransportation Current SymbolNYSE:NAT CUSIPG6577310 CIK1000177 Webwww.nat.bm Phone(441) 292-7202Fax441-292-5962Employees20Year FoundedN/APrice Target and Rating Average Stock Price Forecast$4.50 High Stock Price Forecast$4.50 Low Stock Price Forecast$4.50 Forecasted Upside/Downside+46.1%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)($0.23) Trailing P/E RatioN/A Forward P/E Ratio20.53 P/E GrowthN/ANet Income$-171,330,000.00 Net Margins-34.90% Pretax Margin-78.00% Return on Equity-8.40% Return on Assets-4.85% Debt Debt-to-Equity Ratio0.56 Current Ratio1.79 Quick Ratio1.46 Sales & Book Value Annual Sales$67.50 million Price / Sales8.83 Cash FlowN/A Price / Cash FlowN/A Book Value$2.75 per share Price / Book1.12Miscellaneous Outstanding Shares193,460,000Free Float187,945,000Market Cap$595.86 million OptionableOptionable Beta0.24 Key ExecutivesMr. Herbjorn Hansson (Age 75)Founder, Chairman, Pres & CEO Mr. Bjorn Giaever (Age 56)Exec. VP, CFO & Sec. Mr. Jan H. A. Møller (Age 38)Head of Investor Relations and Financial Mang. Erik TomstadExec. VP of CharteringKey CompetitorsTeekay TankersNYSE:TNKGolden Ocean GroupNASDAQ:GOGLGasLog PartnersNYSE:GLOPHöegh LNG PartnersNYSE:HMLPKNOT Offshore PartnersNYSE:KNOPView All CompetitorsInsiders & InstitutionsNew York State Common Retirement FundBought 35,181 shares on 1/30/2023Ownership: 0.074%Allspring Global Investments Holdings LLCSold 299,452 shares on 1/23/2023Ownership: 2.205%Bank of New York Mellon CorpBought 86,460 shares on 12/8/2022Ownership: 0.295%Toroso Investments LLCSold 6,831 shares on 11/23/2022Ownership: 0.019%B. Riley Wealth Advisors Inc.Bought 11,359 shares on 11/22/2022Ownership: 0.006%View All Institutional Transactions NAT Stock - Frequently Asked Questions Should I buy or sell Nordic American Tankers stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tankers in the last year. There are currently 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" NAT shares. View NAT analyst ratings or view top-rated stocks. What is Nordic American Tankers' stock price forecast for 2023? 2 equities research analysts have issued 12-month price targets for Nordic American Tankers' shares. Their NAT share price forecasts range from $4.50 to $4.50. On average, they anticipate the company's share price to reach $4.50 in the next year. This suggests a possible upside of 50.5% from the stock's current price. View analysts price targets for NAT or view top-rated stocks among Wall Street analysts. How have NAT shares performed in 2023? Nordic American Tankers' stock was trading at $3.06 at the beginning of the year. Since then, NAT stock has decreased by 2.3% and is now trading at $2.99. View the best growth stocks for 2023 here. Are investors shorting Nordic American Tankers? Nordic American Tankers saw a decrease in short interest in the month of December. As of December 15th, there was short interest totaling 7,660,000 shares, a decrease of 18.0% from the November 30th total of 9,340,000 shares. Based on an average trading volume of 4,790,000 shares, the short-interest ratio is currently 1.6 days. View Nordic American Tankers' Short Interest. When is Nordic American Tankers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, February 24th 2023. View our NAT earnings forecast. How were Nordic American Tankers' earnings last quarter? Nordic American Tankers Limited (NYSE:NAT) issued its quarterly earnings data on Wednesday, November, 30th. The shipping company reported $0.05 earnings per share (EPS) for the quarter. The shipping company had revenue of $47.38 million for the quarter, compared to the consensus estimate of $44.61 million. Nordic American Tankers had a negative trailing twelve-month return on equity of 8.40% and a negative net margin of 34.90%. How often does Nordic American Tankers pay dividends? What is the dividend yield for Nordic American Tankers? Nordic American Tankers declared a quarterly dividend on Thursday, November 10th. Shareholders of record on Tuesday, December 6th will be given a dividend of $0.05 per share on Tuesday, December 20th. This represents a $0.20 dividend on an annualized basis and a yield of 6.69%. The ex-dividend date of this dividend is Monday, December 5th. This is a positive change from the stock's previous quarterly dividend of $0.03. Read our dividend analysis for NAT. Is Nordic American Tankers a good dividend stock? Nordic American Tankers (NYSE:NAT) pays an annual dividend of $0.20 per share and currently has a dividend yield of 6.69%. NAT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. Read our dividend analysis for NAT. What is Ignacio Miras Massaguer's approval rating as Nordic American Tankers' CEO? 3 employees have rated Nordic American Tankers Chief Executive Officer Ignacio Miras Massaguer on Glassdoor.com. Ignacio Miras Massaguer has an approval rating of 68% among the company's employees. 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 many different retail and institutional investors. Top institutional investors include Allspring Global Investments Holdings LLC (2.21%), New York State Common Retirement Fund (0.07%) and Concourse Financial Group Securities Inc. (0.00%). How do I buy shares of Nordic American Tankers? Shares of NAT stock 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 $2.99. How much money does Nordic American Tankers make? Nordic American Tankers (NYSE:NAT) has a market capitalization of $578.45 million and generates $67.50 million in revenue each year. The shipping company earns $-171,330,000.00 in net income (profit) each year or ($0.23) on an earnings per share basis. How can I contact Nordic American Tankers? Nordic American Tankers' mailing address is 27 REID STREET, HAMILTON D0, HM 11. The official website for the company is www.nat.bm. The shipping company can be reached via phone at (441) 292-7202, via email at www.nat.bm, or via fax at 441-292-5962. This page (NYSE:NAT) was last updated on 1/31/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. 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