NYSE:NAT - Nordic American Tanker Stock Price, Price Target & More

Sign in or create an account to add this stock to your watchlist.
$2.39 -0.02 (-0.83 %)
(As of 07/22/2018 10:42 AM ET)
Previous Close$2.39
Today's Range$2.3550 - $2.45
52-Week Range$1.82 - $6.07
Volume1.03 million shs
Average Volume1.37 million shs
Market Capitalization$339.31 million
P/E Ratio-3.37
Dividend Yield1.67%
Beta0.78
Nordic American Tanker logoNordic 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.

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.

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
SectorTransportation
SymbolNYSE:NAT
CUSIPG6577310
Phone441-292-7202

Debt

Debt-to-Equity Ratio0.56
Current Ratio4.97
Quick Ratio3.82

Price-To-Earnings

Trailing P/E Ratio-3.37
Forward P/E Ratio-6.13
P/E GrowthN/A

Sales & Book Value

Annual Sales$154.68 million
Price / Sales2.19
Cash Flow$0.2013 per share
Price / Cash11.87
Book Value$5.01 per share
Price / Book0.48

Profitability

EPS (Most Recent Fiscal Year)($0.71)
Net Income$-204,960,000.00
Net Margins-70.33%
Return on Equity-12.23%
Return on Assets-7.59%

Miscellaneous

Employees21
Outstanding Shares141,970,000
Market Cap$339.31

Nordic American Tanker (NYSE:NAT) Frequently Asked Questions

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 often does Nordic American Tanker pay dividends? What is the dividend yield for Nordic American Tanker?

Nordic American Tanker declared a quarterly dividend on Friday, April 27th. Stockholders of record on Thursday, May 24th will be given a dividend of $0.01 per share on Tuesday, June 12th. This represents a $0.04 annualized dividend and a dividend yield of 1.67%. The ex-dividend date of this dividend is Wednesday, May 23rd. View Nordic American Tanker's Dividend History.

How were Nordic American Tanker's earnings last quarter?

Nordic American Tanker Ltd (NYSE:NAT) announced its quarterly earnings data on Wednesday, May, 16th. The shipping company reported ($0.13) earnings per share for the quarter, beating analysts' consensus estimates of ($0.20) by $0.07. The shipping company had revenue of $29.62 million for the quarter, compared to analyst estimates of $31.25 million. Nordic American Tanker had a negative return on equity of 12.23% and a negative net margin of 70.33%. View Nordic American Tanker's Earnings History.

When is Nordic American Tanker's next earnings date?

Nordic American Tanker is scheduled to release their next quarterly earnings announcement on Monday, December, 17th 2018. View Earnings Estimates for Nordic American Tanker.

What price target have analysts set for NAT?

5 equities research analysts have issued twelve-month target prices for Nordic American Tanker's shares. Their forecasts range from $1.00 to $3.00. On average, they anticipate Nordic American Tanker's stock price to reach $2.30 in the next year. This suggests that the stock has a possible downside of 3.8%. View Analyst Ratings for Nordic American Tanker.

What is the consensus analysts' recommendation for Nordic American Tanker?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tanker in the last year. There are currently 1 sell rating, 3 hold ratings and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

What are Wall Street analysts saying about Nordic American Tanker stock?

Here are some recent quotes from research analysts about Nordic American Tanker stock:
  • 1. According to Zacks Investment Research, "NORDIC AMERICAN is engaged of acquiring, disposing, owning, leasing, and chartering three double hull Suezmax oil tankers. " (6/26/2018)
  • 2. Maxim Group analysts commented, "NAT reported 4Q17 results which were ahead of our estimates, but below the consensus forecasts, and remained depressed. The beat was mainly attributable to a higher TCE rate of $13,800 per vessel/day versus our estimate of $10,500 per vessel/day." (2/12/2018)

Who are some of Nordic American Tanker's key competitors?

Who are Nordic American Tanker's key executives?

Nordic American Tanker's management team includes the folowing people:
  • Mr. Herbjørn Hansson, Founder, Chairman, Pres & CEO (Age 70)
  • Mr. Bjørn Giaever, CFO & Sec. (Age 51)
  • Mr. Jan H. A. Møller, Head of Investor Relations and Financial Mang. (Age 33)
  • Erik Tomstad, Exec. VP of Chartering
  • Mr. Paal Stenberg, VP ? Technical Operations and Vetting (Age 46)

Has Nordic American Tanker been receiving favorable news coverage?

Media headlines about NAT stock have trended somewhat positive recently, Accern Sentiment Analysis reports. Accern rates the sentiment of media coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Nordic American Tanker earned a news sentiment score of 0.12 on Accern's scale. They also gave news articles about the shipping company an impact score of 44.19 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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, Scottrade, Fidelity and Charles Schwab.

What is Nordic American Tanker's stock price today?

One share of NAT stock can currently be purchased for approximately $2.39.

How big of a company is Nordic American Tanker?

Nordic American Tanker has a market capitalization of $339.31 million and generates $154.68 million in revenue each year. The shipping company earns $-204,960,000.00 in net income (profit) each year or ($0.71) on an earnings per share basis. Nordic American Tanker employs 21 workers across the globe.

How can I contact Nordic American Tanker?

Nordic American Tanker's mailing address is LOM BUILDING 27 REID STREET, HAMILTON D0, HM 11. The shipping company can be reached via phone at 441-292-7202 or via email at [email protected]


MarketBeat Community Rating for Nordic American Tanker (NYSE NAT)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  205 (Vote Outperform)
Underperform Votes:  399 (Vote Underperform)
Total Votes:  604
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.
This page was last updated on 7/22/2018 by MarketBeat.com Staff

Featured Article: How Short Selling Works

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.