NYSE:NAT Nordic American Tanker Stock Forecast, Price & 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 $3.52 -0.16 (-4.35 %) (As of 09/23/2020 12:00 AM ET) Add Compare Share Today's Range$3.50Now: $3.52▼$3.7450-Day Range$3.64MA: $4.17▼$4.6952-Week Range$1.90Now: $3.52▼$9.00Volume3.53 million shsAverage Volume6.36 million shsMarket Capitalization$518.64 millionP/E Ratio5.97Dividend Yield21.74%Beta0.42 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial 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™ 2.2 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 forecasted upside of 24.3% from its current price of $3.52.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 562 “underperform” votes. (Add your “underperform” vote.)Community SentimentNordic American Tanker has received 63.57% “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 21.74%, 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 121.21% in the coming year. This indicates that Nordic American Tanker may not be able to sustain their current dividend. Previous Next 0.0 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 InstitutionsOnly 28.51% of the stock of Nordic American Tanker is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tanker are expected to remain at $0.66 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tanker is 5.97, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.85.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tanker is 5.97, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.47.Price to Book Value per Share RatioNordic American Tanker has a P/B Ratio of 0.87. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.2Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.50 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 Ratio0.50 Current Ratio1.80 Quick Ratio1.65Price-To-Earnings Trailing P/E Ratio5.97 Forward P/E Ratio5.33 P/E GrowthN/A Sales & Book Value Annual Sales$175.45 million Price / Sales2.96 Cash Flow$0.34 per share Price / Cash Flow10.43 Book Value$4.04 per share Price / Book0.87Profitability EPS (Most Recent Fiscal Year)($0.07) Net Income$-10,350,000.00 Net Margins32.35% Return on Equity14.59% Return on Assets8.48%Miscellaneous EmployeesN/A Outstanding Shares147,340,000Market Cap$518.64 million Next Earnings Date11/23/2020 (Estimated) OptionableOptionable $3.52 -0.16 (-4.35 %) (As of 09/23/2020 12:00 AM 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 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 (WHO). Since then, NAT shares have increased by 11.4% and is now trading at $3.52. View which stocks have been most impacted by COVID-19. 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 Monday, November 23rd 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 earnings results on Monday, August, 17th. The shipping company reported $0.33 earnings per share for the quarter, topping the consensus estimate of $0.28 by $0.05. Nordic American Tanker had a return on equity of 14.59% and a net margin of 32.35%. 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 22.73%. The ex-dividend date of this dividend 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 brokers have issued twelve-month target prices for Nordic American Tanker's stock. Their forecasts range from $4.00 to $4.75. On average, they expect Nordic American Tanker's stock price to reach $4.38 in the next twelve months. This suggests a possible upside of 24.3% from the stock's current price. View analysts' price targets for Nordic American Tanker. Are investors shorting Nordic American Tanker? Nordic American Tanker saw a increase in short interest in August. As of August 31st, there was short interest totaling 16,910,000 shares, an increase of 21.5% from the August 15th total of 13,920,000 shares. Based on an average daily trading volume, of 3,870,000 shares, the days-to-cover ratio is currently 4.4 days. View Nordic American Tanker's Short Interest. 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), Golar LNG (GLNG), Ship Finance International (SFL), 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), Energy Transfer LP Unit (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 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 variety of retail and institutional investors. Top institutional investors include Greylin Investment Mangement Inc. (1.94%), Charles Schwab Investment Management Inc. (1.02%), Nuveen Asset Management LLC (0.45%), WealthTrust Axiom LLC (0.38%), Bank of New York Mellon Corp (0.30%) and California Public Employees Retirement System (0.22%). Which major investors are selling Nordic American Tanker stock? NAT stock was sold by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., AQR Capital Management LLC, Raymond James Financial Services Advisors Inc., WealthTrust Axiom LLC, Principal Financial Group Inc., Principal Financial Group Inc., Bank of New York Mellon Corp, and US Bancorp DE. Which major investors are buying Nordic American Tanker stock? NAT stock was acquired by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Greylin Investment Mangement Inc., Prudential PLC, Virtu Financial LLC, IFP Advisors Inc, Sei Investments Co., Golden State Wealth Management LLC, and Navellier & Associates 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 $3.52. How big of a company is Nordic American Tanker? Nordic American Tanker has a market capitalization of $518.64 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 9/24/2020 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. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
