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NYSE:NATNordic American Tanker Stock Price, Forecast & News

+0.21 (+4.69 %)
(As of 08/13/2020 04:00 PM ET)
Today's Range
Now: $4.69
50-Day Range
MA: $4.34
52-Week Range
Now: $4.69
Volume3.60 million shs
Average Volume6.87 million shs
Market Capitalization$691.02 million
P/E Ratio31.27
Dividend Yield11.94%
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.
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Beat the Market (BTM) Rank

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

Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation



Sales & Book Value

Annual Sales$175.45 million
Cash Flow$0.41 per share
Book Value$4.04 per share


Net Income$-10,350,000.00


Market Cap$691.02 million
Next Earnings Date8/21/2020 (Estimated)
+0.21 (+4.69 %)
(As of 08/13/2020 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Nordic American Tanker (NYSE:NAT) Frequently Asked Questions

How has Nordic American Tanker's stock price been impacted by Coronavirus (COVID-19)?

Nordic American Tanker's stock was trading at $3.16 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, NAT shares have increased by 48.4% and is now trading at $4.69.
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 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 data on Monday, May, 18th. The shipping company reported $0.27 EPS for the quarter, topping analysts' consensus estimates of $0.25 by $0.02. The shipping company earned $86.18 million during the quarter, compared to the consensus estimate 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 given a dividend of $0.20 per share on Friday, September 4th. This represents a $0.80 annualized dividend and a yield of 17.06%. The ex-dividend date of this dividend 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 stock. Their forecasts range from $4.00 to $4.75. On average, they anticipate Nordic American Tanker's share price to reach $4.38 in the next year. This suggests that the stock has a possible downside of 6.7%.
View analysts' price targets for Nordic American Tanker

Has Nordic American Tanker been receiving favorable news coverage?

News coverage about NAT stock has been trending negative this week, InfoTrie Sentiment Analysis reports. The research group rates the sentiment of media coverage by reviewing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Nordic American Tanker earned a media sentiment score of -2.4 on InfoTrie's scale. They also assigned headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the company's share price in the near future.
View the latest news about Nordic American Tanker

Are investors shorting Nordic American Tanker?

Nordic American Tanker saw a increase in short interest in April. As of April 30th, there was short interest totaling 18,790,000 shares, an increase of 365.1% from the April 15th total of 4,040,000 shares. Based on an average daily volume of 10,090,000 shares, the days-to-cover ratio is currently 1.9 days.
View Nordic American Tanker's Short Interest

Who are some of Nordic American Tanker's key 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), Chesapeake Energy (CHKAQ), Chesapeake Energy (CHKAQ), Realty Income (O), Ford Motor (F), AT&T (T) and Opko Health (OPK).

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 Chartering
  • Mr. 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 many different institutional and retail investors. Top institutional shareholders include Greylin Investment Mangement Inc. (1.94%), WealthTrust Axiom LLC (0.38%), Bank of New York Mellon Corp (0.30%), California Public Employees Retirement System (0.22%), Prudential PLC (0.21%) and Goldman Sachs Group Inc. (0.11%).

Which institutional 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., Raymond James Financial Services Advisors Inc., WealthTrust Axiom LLC, Principal Financial Group Inc., Bank of New York Mellon Corp, US Bancorp DE, Commonwealth Equity Services LLC, and Dupont Capital Management Corp.

Which institutional investors are buying Nordic American Tanker stock?

NAT stock was purchased by a variety of institutional investors in the last quarter, including Greylin Investment Mangement Inc., Prudential PLC, Virtu Financial LLC, IFP Advisors Inc, Golden State Wealth Management LLC, Navellier & Associates Inc, Sigma Planning Corp, and Grantham Mayo Van Otterloo & Co. 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 $4.69.

How big of a company is Nordic American Tanker?

Nordic American Tanker has a market capitalization of $691.02 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 8/14/2020 by MarketBeat.com Staff

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