S&P 500   3,615.81 (-0.62%)
DOW   29,602.27 (-1.03%)
QQQ   297.68 (-0.44%)
AAPL   118.90 (+1.98%)
MSFT   212.38 (-1.32%)
FB   274.25 (-1.28%)
GOOGL   1,752.62 (-1.92%)
AMZN   3,140.80 (-1.71%)
TSLA   577.54 (-1.40%)
NVDA   528.28 (-0.41%)
BABA   265.39 (-4.01%)
CGC   28.76 (-0.83%)
GE   10.30 (-0.96%)
MU   64.72 (+0.76%)
AMD   91.93 (+5.44%)
T   28.90 (-0.45%)
NIO   51.28 (-5.04%)
F   9.09 (+0.00%)
ACB   11.27 (+7.64%)
NFLX   485.90 (-1.11%)
BA   213.24 (-1.51%)
GILD   60.17 (+0.23%)
DIS   147.56 (+0.29%)
S&P 500   3,615.81 (-0.62%)
DOW   29,602.27 (-1.03%)
QQQ   297.68 (-0.44%)
AAPL   118.90 (+1.98%)
MSFT   212.38 (-1.32%)
FB   274.25 (-1.28%)
GOOGL   1,752.62 (-1.92%)
AMZN   3,140.80 (-1.71%)
TSLA   577.54 (-1.40%)
NVDA   528.28 (-0.41%)
BABA   265.39 (-4.01%)
CGC   28.76 (-0.83%)
GE   10.30 (-0.96%)
MU   64.72 (+0.76%)
AMD   91.93 (+5.44%)
T   28.90 (-0.45%)
NIO   51.28 (-5.04%)
F   9.09 (+0.00%)
ACB   11.27 (+7.64%)
NFLX   485.90 (-1.11%)
BA   213.24 (-1.51%)
GILD   60.17 (+0.23%)
DIS   147.56 (+0.29%)
S&P 500   3,615.81 (-0.62%)
DOW   29,602.27 (-1.03%)
QQQ   297.68 (-0.44%)
AAPL   118.90 (+1.98%)
MSFT   212.38 (-1.32%)
FB   274.25 (-1.28%)
GOOGL   1,752.62 (-1.92%)
AMZN   3,140.80 (-1.71%)
TSLA   577.54 (-1.40%)
NVDA   528.28 (-0.41%)
BABA   265.39 (-4.01%)
CGC   28.76 (-0.83%)
GE   10.30 (-0.96%)
MU   64.72 (+0.76%)
AMD   91.93 (+5.44%)
T   28.90 (-0.45%)
NIO   51.28 (-5.04%)
F   9.09 (+0.00%)
ACB   11.27 (+7.64%)
NFLX   485.90 (-1.11%)
BA   213.24 (-1.51%)
GILD   60.17 (+0.23%)
DIS   147.56 (+0.29%)
S&P 500   3,615.81 (-0.62%)
DOW   29,602.27 (-1.03%)
QQQ   297.68 (-0.44%)
AAPL   118.90 (+1.98%)
MSFT   212.38 (-1.32%)
FB   274.25 (-1.28%)
GOOGL   1,752.62 (-1.92%)
AMZN   3,140.80 (-1.71%)
TSLA   577.54 (-1.40%)
NVDA   528.28 (-0.41%)
BABA   265.39 (-4.01%)
CGC   28.76 (-0.83%)
GE   10.30 (-0.96%)
MU   64.72 (+0.76%)
AMD   91.93 (+5.44%)
T   28.90 (-0.45%)
NIO   51.28 (-5.04%)
F   9.09 (+0.00%)
ACB   11.27 (+7.64%)
NFLX   485.90 (-1.11%)
BA   213.24 (-1.51%)
GILD   60.17 (+0.23%)
DIS   147.56 (+0.29%)
Log in
NYSE:NAT

Nordic American Tankers Stock Forecast, Price & News

$3.23
-0.09 (-2.71 %)
(As of 11/30/2020 12:50 PM ET)
Add
Compare
Today's Range
$3.23
Now: $3.23
$3.34
50-Day Range
$2.89
MA: $3.24
$3.67
52-Week Range
$2.30
Now: $3.23
$9.00
Volume39,270 shs
Average Volume5.49 million shs
Market Capitalization$475.91 million
P/E Ratio5.47
Dividend Yield24.10%
Beta0.6
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 23 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. Nordic American Tankers Limited was founded in 1995 and is based in Hamilton, Bermuda.
Read More
Nordic American Tankers logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 1.8Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.67 out of 5 stars


Industry, Sector and Symbol

Industry Water transportation
Sub-IndustryOil & Gas Storage & Transportation
CUSIPG6577310
Phone441-292-7202
Employees20

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$175.45 million
Cash Flow$0.44 per share
Book Value$4.04 per share

Profitability

Net Income$-10,350,000.00

Miscellaneous

Market Cap$475.91 million
Next Earnings Date2/16/2021 (Estimated)
OptionableOptionable
$3.23
-0.09 (-2.71 %)
(As of 11/30/2020 12:50 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.

speech bubbles
speech bubbles











Nordic American Tankers (NYSE:NAT) Frequently Asked Questions

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

Nordic American Tankers' stock was trading at $3.16 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, NAT stock has increased by 2.2% and is now trading at $3.23.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Nordic American Tankers?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tankers in the last year. There are currently 1 sell rating, 1 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."
View analyst ratings for Nordic American Tankers
or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Nordic American Tankers?

Wall Street analysts have given Nordic American Tankers a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's winning trading ideas this year have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Nordic American Tankers wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Nordic American Tankers' next earnings date?

Nordic American Tankers is scheduled to release its next quarterly earnings announcement on Tuesday, February 16th 2021.
View our earnings forecast for Nordic American Tankers
.

How were Nordic American Tankers' earnings last quarter?

Nordic American Tankers Limited (NYSE:NAT) issued its quarterly earnings results on Tuesday, November, 17th. The shipping company reported ($0.07) EPS for the quarter, missing the Zacks' consensus estimate of ($0.03) by $0.04. The shipping company earned $37.29 million during the quarter, compared to the consensus estimate of $38.55 million. Nordic American Tankers had a net margin of 32.35% and a return on equity of 14.59%.
View Nordic American Tankers' earnings history
.

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

Nordic American Tankers announced a quarterly dividend on Tuesday, November 17th. Stockholders of record on Wednesday, December 2nd will be paid a dividend of $0.04 per share on Tuesday, December 15th. This represents a $0.16 annualized dividend and a yield of 4.95%. The ex-dividend date of this dividend is Tuesday, December 1st.
View Nordic American Tankers' dividend history
.

What price target have analysts set for NAT?

3 brokers have issued 1-year price targets for Nordic American Tankers' stock. Their forecasts range from $3.50 to $4.75. On average, they anticipate Nordic American Tankers' share price to reach $4.13 in the next twelve months. This suggests a possible upside of 27.7% from the stock's current price.
View analysts' price targets for Nordic American Tankers
.

Are investors shorting Nordic American Tankers?

Nordic American Tankers saw a decrease in short interest in October. As of October 30th, there was short interest totaling 9,680,000 shares, a decrease of 18.9% from the October 15th total of 11,930,000 shares. Based on an average daily volume of 2,800,000 shares, the days-to-cover ratio is presently 3.5 days.
View Nordic American Tankers' Short Interest
.

Who are some of Nordic American Tankers' key competitors?

What other stocks do shareholders of Nordic American Tankers own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Nordic American Tankers investors own include Precigen (PGEN), Energy Transfer (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 Capital Management (NLY).

Who are Nordic American Tankers' key executives?

Nordic American Tankers' management team includes the following people:
  • Mr. Herbjørn Hansson, Founder, Chairman, Pres & CEO (Age 72)
  • Mr. Bjørn Giaever, CFO & Sec. (Age 53)
  • Mr. Jan H. A. Møller, Head of Investor Relations and Financial Mang. (Age 35)
  • Erik Tomstad, Exec. VP of Chartering

What is Nordic American Tankers' stock symbol?

Nordic American Tankers trades on the New York Stock Exchange (NYSE) under the ticker symbol "NAT."

Who are Nordic American Tankers' major shareholders?

Nordic American Tankers' stock is owned by a variety of retail and institutional investors. Top institutional investors include BlackRock Inc. (5.36%), Morgan Stanley (3.40%), Greylin Investment Mangement Inc. (1.92%), State Street Corp (1.88%), Wells Fargo & Company MN (1.67%) and Arrowstreet Capital Limited Partnership (1.42%).

Which institutional investors are selling Nordic American Tankers stock?

NAT stock was sold by a variety of institutional investors in the last quarter, including Charles Schwab Investment Management Inc., Sei Investments Co., State Street Corp, IFP Advisors Inc, Magnolia Capital Advisors LLC, BlackRock Inc., Morgan Stanley, and AQR Capital Management LLC.

Which institutional investors are buying Nordic American Tankers stock?

NAT stock was purchased by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Arrowstreet Capital Limited Partnership, Avantax Advisory Services Inc., JPMorgan Chase & Co., KBC Group NV, Squarepoint Ops LLC, Paloma Partners Management Co, and Aigen Investment Management LP.

How do I buy shares of Nordic American Tankers?

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 Tankers' stock price today?

One share of NAT stock can currently be purchased for approximately $3.23.

How big of a company is Nordic American Tankers?

Nordic American Tankers has a market capitalization of $475.91 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. Nordic American Tankers employs 20 workers across the globe.

What is Nordic American Tankers' official website?

The official website for Nordic American Tankers is www.nat.bm.

How can I contact Nordic American Tankers?

Nordic American Tankers' 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 11/30/2020 by MarketBeat.com Staff

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.