S&P 500   4,544.90
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S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
pixel
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
pixel
S&P 500   4,544.90
DOW   35,677.02
QQQ   374.10
pixel
NYSE:NAT

Nordic American Tankers Stock Forecast, Price & News

$2.39
-0.02 (-0.83 %)
(As of 10/22/2021 04:00 PM ET)
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Today's Range
$2.36
$2.42
50-Day Range
$2.10
$2.88
52-Week Range
$2.08
$4.05
Volume1.68 million shs
Average Volume2.95 million shs
Market Capitalization$410.99 million
P/E RatioN/A
Dividend Yield1.65%
Beta0.58
30 days | 90 days | 365 days | Advanced Chart
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Nordic American Tankers logo

About Nordic American Tankers

Nordic American Tankers Ltd. operates as an international tanker company. It owns and operates Suezmax crude oil tankers. The company was founded by Herbjorn Hansson on June 12, 1995 and is headquartered in Hamilton, Bermuda.

Headlines

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Industry, Sector and Symbol

Industry
Water transportation
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
G6577310
Employees
20
Year Founded
N/A

Sales & Book Value

Annual Sales
$233.53 million
Cash Flow
$0.82 per share
Book Value
$3.96 per share

Profitability

Net Income
$50.03 million
Net Margins
-103.66%

Debt

Price-To-Earnings

Miscellaneous

Market Cap
$410.99 million
Next Earnings Date
11/16/2021 (Estimated)
Optionable
Optionable

MarketRank

Overall MarketRank

1.91 out of 5 stars

Transportation Sector

96th out of 172 stocks

Water Transportation Industry

14th out of 25 stocks

Analyst Opinion: 3.2Community Rank: 3.5Dividend Strength: 1.7Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -












Nordic American Tankers (NYSE:NAT) Frequently Asked Questions

Is Nordic American Tankers a buy right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tankers in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" Nordic American Tankers stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in NAT, but not buy additional shares or sell existing shares.
View analyst ratings for Nordic American Tankers
or view top-rated stocks.

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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Nordic American Tankers wasn't one of them. MarketBeat thinks these five companies 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, November 16th 2021.
View our earnings forecast for Nordic American Tankers
.

How were Nordic American Tankers' earnings last quarter?

Nordic American Tankers Limited (NYSE:NAT) posted its earnings results on Sunday, August, 29th. The shipping company reported ($0.18) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.17) by $0.01. The shipping company had revenue of $16.75 million for the quarter, compared to the consensus estimate of $19.04 million. Nordic American Tankers had a negative trailing twelve-month return on equity of 15.60% and a negative net margin of 103.66%.
View Nordic American Tankers' earnings history
.

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

Nordic American Tankers' stock was trading at $3.16 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, NAT shares have decreased by 24.4% and is now trading at $2.39.
View which stocks have been most impacted by COVID-19
.

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, August 31st. Shareholders of record on Friday, September 24th will be given a dividend of $0.01 per share on Thursday, October 14th. This represents a $0.04 dividend on an annualized basis and a dividend yield of 1.67%. The ex-dividend date of this dividend is Thursday, September 23rd.
View Nordic American Tankers' dividend history
.

Is Nordic American Tankers a good dividend stock?

Nordic American Tankers pays an annual dividend of $0.04 per share and currently has a dividend yield of 1.65%. The dividend payout ratio of Nordic American Tankers is 11.76%. This payout ratio is at a healthy, sustainable level, below 75%. Based on EPS estimates, Nordic American Tankers will have a dividend payout ratio of 80.00% in the coming year. This indicates that Nordic American Tankers may not be able to sustain their current dividend.
View Nordic American Tankers' dividend history.

What price target have analysts set for NAT?

3 brokers have issued 12 month target prices for Nordic American Tankers' stock. Their forecasts range from $2.75 to $5.00. On average, they expect Nordic American Tankers' stock price to reach $3.83 in the next twelve months. This suggests a possible upside of 60.4% from the stock's current price.
View analysts' price targets for Nordic American Tankers
or view top-rated stocks among Wall Street analysts.

Who are Nordic American Tankers' key executives?

Nordic American Tankers' management team includes the following people:
  • Herbjørn Hansson, Chairman, President & Chief Executive Officer
  • Bjørn Giæver, Chief Financial Officer & Secretary

What is Ignacio Miras Massaguer's approval rating as Nordic American Tankers' CEO?

3 employees have rated Nordic American Tankers CEO Ignacio Miras Massaguer on Glassdoor.com. Ignacio Miras Massaguer has an approval rating of 68% among Nordic American Tankers' employees.

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).

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 shareholders include Greylin Investment Mangement Inc. (0.62%), WealthTrust Axiom LLC (0.27%), Spire Wealth Management (0.04%) and Kestra Advisory Services LLC (0.01%).

Which major investors are selling Nordic American Tankers stock?

NAT stock was sold by a variety of institutional investors in the last quarter, including Greylin Investment Mangement Inc., WealthTrust Axiom LLC, and Spire Wealth Management.

Which major investors are buying Nordic American Tankers stock?

NAT stock was acquired by a variety of institutional investors in the last quarter, including Kestra Advisory Services LLC.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Nordic American Tankers' stock price today?

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

How much money does Nordic American Tankers make?

Nordic American Tankers has a market capitalization of $410.99 million and generates $233.53 million in revenue each year. The shipping company earns $50.03 million in net income (profit) each year or $0.34 on an earnings per share basis.

How many employees does Nordic American Tankers have?

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.

Where are Nordic American Tankers' headquarters?

Nordic American Tankers is headquartered at 27 REID STREET, HAMILTON D0, HM 11.

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 10/24/2021 by MarketBeat.com Staff

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