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 $3.47 -0.28 (-7.47 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$3.26Now: $3.47▼$3.8250-Day Range$2.46MA: $3.19▼$4.7552-Week Range$1.66Now: $3.47▼$5.28Volume4.76 million shsAverage Volume4.98 million shsMarket Capitalization$511.27 millionP/E RatioN/ADividend Yield7.47%Beta0.18 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInstitutional 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™ 3.5 Analyst's Opinion Consensus RatingNordic American Tanker 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 $4.38, Nordic American Tanker has a potential upside of 26.1% from its current price of $3.47.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 317 “outperform” votes. (Add your “outperform” vote.)Underperform VotesNordic American Tanker has received 552 “underperform” votes. (Add your “underperform” vote.)Community SentimentNordic American Tanker has received 63.52% “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 2.5 Dividend Strength Dividend LeadershipNordic American Tanker is a leading dividend payer. It pays a dividend yield of 7.47%, 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 earnings estimates, Nordic American Tanker will have a dividend payout ratio of 35.90 % next year. This indicates that Nordic American Tanker will be able to sustain or increase its 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 Institutions35.74% 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 decrease by 0.00% in the coming year, from $0.78 to $0.78 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tanker is -43.38, 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 Tanker is -43.38, 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 Tanker has a P/B Ratio of 0.83. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.5Community Rank: 1.8Dividend Strength: 2.5Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.89 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 Webhttp://www.nat.bm/ Phone441-292-7202Debt Debt-to-Equity Ratio0.63 Current Ratio2.19 Quick Ratio1.81Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio4.45 P/E GrowthN/A Sales & Book Value Annual Sales$175.45 million Price / Sales2.91 Cash Flow$0.35 per share Price / Cash Flow9.93 Book Value$4.19 per share Price / Book0.83Profitability EPS (Most Recent Fiscal Year)($0.07) Net Income$-10,350,000.00 Net Margins-5.90% Return on Equity-1.76% Return on Assets-1.00%Miscellaneous EmployeesN/A Outstanding Shares147,340,000Market Cap$511.27 million Next Earnings Date5/12/2020 (Estimated) OptionableOptionable 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. NAT Rates by TradingView 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 COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, NAT stock has increased by 9.8% and is now trading at $3.47. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of Nordic American Tanker? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tanker in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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 Tuesday, May 12th 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 quarterly earnings data on Tuesday, February, 18th. The shipping company reported $0.09 EPS for the quarter, missing the Thomson Reuters' consensus estimate of $0.17 by $0.08. The shipping company earned $58.82 million during the quarter, compared to the consensus estimate of $72.97 million. Nordic American Tanker had a negative return on equity of 1.76% and a negative net margin of 5.90%. 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 Wednesday, March 25th. Investors of record on Tuesday, May 26th will be given a dividend of $0.14 per share on Friday, June 5th. This represents a $0.56 annualized dividend and a yield of 16.14%. The ex-dividend date of this dividend is Friday, May 22nd. This is an increase from Nordic American Tanker's previous quarterly dividend of $0.07. View Nordic American Tanker's dividend history. What price target have analysts set for NAT? 2 brokerages have issued 12-month target prices for Nordic American Tanker's shares. Their forecasts range from $4.00 to $4.75. On average, they expect Nordic American Tanker's share price to reach $4.38 in the next twelve months. This suggests a possible upside of 26.1% from the stock's current price. View analysts' price targets for Nordic American Tanker. Has Nordic American Tanker been receiving favorable news coverage? Media coverage about NAT stock has been trending very negative this week, InfoTrie reports. InfoTrie 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 -5 to 5, with scores nearest to five being the most favorable. Nordic American Tanker earned a media sentiment score of -3.3 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the next few days. View the latest news aboutNordic 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), Frontline (FRO), Targa Resources (TRGP), SemGroup (SEMG), Ship Finance International (SFL), Scorpio Tankers (STNG), Golar LNG (GLNG), Teekay Tankers (TNK), Golden Ocean Group (GOGL), Teekay (TK) and GasLog (GLOG). 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 Intrexon (XON), The Gabelli Dividend & Income Trust (GDV), Energy Transfer LP Unit (ET), Marinus Pharmaceuticals (MRNS), Realty Income (O), Ford Motor (F), Centurylink (CTL), Opko Health (OPK), ANNALY CAP MGMT/SH (NLY) and AT&T (T). 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." 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 $3.47. How big of a company is Nordic American Tanker? Nordic American Tanker has a market capitalization of $511.27 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. View additional information about Nordic American Tanker. What is Nordic American Tanker's official website? The official website for Nordic American Tanker is http://www.nat.bm/. How can I contact Nordic American Tanker? Nordic American Tanker's mailing address is LOM BUILDING 27 REID STREET, HAMILTON HM 11 D0, HM 11. The shipping company can be reached via phone at 441-292-7202 or via email at [email protected] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: What are gap-down stocks?
