NYSE:NAT - Nordic American Tanker Stock Price, Forecast & News

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

Nordic American Tanker declared a quarterly dividend on Monday, November 25th. Shareholders of record on Thursday, December 5th will be paid a dividend of $0.02 per share on Wednesday, December 18th. This represents a $0.08 dividend on an annualized basis and a yield of 1.96%. The ex-dividend date of this dividend is Wednesday, December 4th. View Nordic American Tanker's Dividend History.

Nordic American Tanker Ltd (NYSE:NAT) posted its earnings results on Monday, November, 25th. The shipping company reported ($0.10) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.06) by $0.04. The shipping company had revenue of $32.35 million for the quarter, compared to analyst estimates of $45.03 million. Nordic American Tanker had a negative net margin of 20.86% and a negative return on equity of 5.14%. View Nordic American Tanker's Earnings History.

Nordic American Tanker is scheduled to release their next quarterly earnings announcement on Tuesday, February 18th 2020. View Earnings Estimates for Nordic American Tanker.

3 analysts have issued 12 month target prices for Nordic American Tanker's stock. Their forecasts range from $1.00 to $4.75. On average, they anticipate Nordic American Tanker's stock price to reach $3.25 in the next year. This suggests that the stock has a possible downside of 20.5%. View Analyst Price Targets for 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.

Headlines about NAT stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. The research group rates the sentiment of press coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Nordic American Tanker earned a news impact score of 1.2 on InfoTrie's scale. They also gave headlines about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the immediate future. View News Stories for Nordic American Tanker.

Nordic American Tanker saw a drop in short interest during the month of December. As of December 13th, there was short interest totalling 4,010,000 shares, a drop of 8.2% from the November 28th total of 4,370,000 shares. Based on an average trading volume of 3,910,000 shares, the days-to-cover ratio is currently 1.0 days. Currently, 2.9% of the shares of the company are sold short. View Nordic American Tanker's Current Options Chain.

Some companies that are related to Nordic American Tanker include Kinder Morgan (KMI), Williams Companies (WMB), Cheniere Energy (LNG), Targa Resources (TRGP), Frontline (FRO), Scorpio Tankers (STNG), Ship Finance International (SFL), Golar LNG (GLNG), SemGroup (SEMG), Teekay Tankers (TNK), Golden Ocean Group (GOGL), GasLog (GLOG) and Teekay (TK).

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).

Nordic American Tanker's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Greylin Investment Mangement Inc. (1.59%).

NAT stock was purchased by a variety of institutional investors in the last quarter, including Greylin Investment Mangement Inc..

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.

One share of NAT stock can currently be purchased for approximately $4.09.

Nordic American Tanker has a market capitalization of $580.66 million and generates $124 million in revenue each year. The shipping company earns $-95,310,000.00 in net income (profit) each year or ($0.61) on an earnings per share basis. View Additional Information About Nordic American Tanker.

The official website for Nordic American Tanker is http://www.nat.bm/.

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]