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 $4.54 +0.04 (+0.89 %) (As of 08/7/2020 04:00 PM ET) Add Compare Share Today's Range$4.41Now: $4.54▼$4.5550-Day Range$4.05MA: $4.32▼$4.6352-Week Range$1.66Now: $4.54▼$9.00Volume2.24 million shsAverage Volume6.95 million shsMarket Capitalization$668.92 millionP/E Ratio30.27Dividend Yield12.44%Beta0.48 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 3.6% from its current price of $4.54.Amount of Analyst CoverageNordic American Tanker has received no research coverage 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 560 “underperform” votes. (Add your “underperform” vote.)Community SentimentNordic American Tanker has received 63.49% “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 12.44%, 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 Institutions35.03% 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 0.6 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tanker are expected to grow by 10.17% in the coming year, from $0.59 to $0.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tanker is 30.27, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 18.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tanker is 30.27, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 19.89.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: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.25 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 Ratio0.59 Current Ratio1.89 Quick Ratio1.65Price-To-Earnings Trailing P/E Ratio30.27 Forward P/E Ratio7.69 P/E GrowthN/A Sales & Book Value Annual Sales$175.45 million Price / Sales3.81 Cash Flow$0.40 per share Price / Cash Flow11.42 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 Equity4.01% Return on Assets2.29%Miscellaneous EmployeesN/A Outstanding Shares147,340,000Market Cap$668.92 million Next Earnings Date8/21/2020 (Estimated) OptionableOptionable $4.54 +0.04 (+0.89 %) (As of 08/7/2020 04:00 PM ET) 30 days | 90 days | 365 days | Advanced Chart 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 reached pandemic status according to the World Health Organization. Since then, NAT shares have increased by 43.7% and is now trading at $4.54. 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) issued its quarterly earnings results on Monday, May, 18th. The shipping company reported $0.27 EPS for the quarter, beating analysts' consensus estimates of $0.25 by $0.02. The shipping company earned $86.18 million during the quarter, compared to analyst estimates of $81.33 million. Nordic American Tanker had a return on equity of 4.01% and a net margin of 11.32%. 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 declared a quarterly dividend on Thursday, May 21st. Stockholders 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 yield of 17.62%. The ex-dividend date is Thursday, August 27th. This is a boost 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 analysts have issued 1 year price targets for Nordic American Tanker's shares. Their forecasts range from $4.00 to $4.75. On average, they anticipate Nordic American Tanker's stock price to reach $4.38 in the next year. This suggests that the stock has a possible downside of 3.6%. View analysts' price targets for Nordic American Tanker. Has Nordic American Tanker been receiving favorable news coverage? Media headlines about NAT stock have been trending very negative this week, InfoTrie Sentiment Analysis reports. The research firm identifies positive and negative press coverage by analyzing more than six thousand news and blog sources in real-time. 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 -3.4 on InfoTrie's scale. They also gave news articles about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the stock's share price in the next several days. View the latest news about Nordic 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), Golar LNG (GLNG), Scorpio Tankers (STNG), Golden Ocean Group (GOGL), Teekay Tankers (TNK), GasLog (GLOG) and Teekay (TK). 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 retail and institutional investors. Top institutional investors include WealthTrust Axiom LLC (0.38%), Prudential PLC (0.21%), IFP Advisors Inc (0.10%), Magnolia Capital Advisors LLC (0.06%), Coastal Investment Advisors Inc. (0.06%) and SG Americas Securities LLC (0.05%). Which institutional investors are selling Nordic American Tanker stock? NAT stock was sold by a variety of institutional investors in the last quarter, including Raymond James Financial Services Advisors Inc., WealthTrust Axiom LLC, Principal Financial Group Inc., US Bancorp DE, Dupont Capital Management Corp, and Coastal Investment Advisors Inc.. Which institutional investors are buying Nordic American Tanker stock? NAT stock was acquired by a variety of institutional investors in the last quarter, including Prudential PLC, IFP Advisors Inc, Sigma Planning Corp, SG Americas Securities LLC, Creative Planning, ProShare Advisors LLC, Pettinga Financial Advisors LLC, and Nisa Investment Advisors LLC. 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 $4.54. How big of a company is Nordic American Tanker? Nordic American Tanker has a market capitalization of $668.92 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 8/7/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 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 top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. 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