Nordic American Tankers Limited (NAT)

Market Cap	506.33M
Revenue (ttm)	367.47M
Net Income (ttm)	62.85M
Shares Out	208.80M
EPS (ttm)	0.30
PE Ratio	8.28
Forward PE	5.77
Dividend	$0.40 (16.50%)
Ex-Dividend Date	Dec 17, 2024

Volume	38,473
Open	2.465
Previous Close	2.470
Day's Range	2.410 - 2.490
52-Week Range	2.410 - 4.640
Beta	-0.31
Analysts	Hold
Price Target	3.75 (+54.64%)
Earnings Date	Nov 29, 2024

About NAT

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 20 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.

• Industry: Oil & Gas Midstream
• Sector: Energy
• IPO Date: Sep 30, 1997
• Employees: 17
• Stock Exchange: NYSE
• Ticker Symbol: NAT
• Website: https://www.nat.bm

Financial Performance

In 2023, Nordic American Tankers's revenue was $391.69 million, an increase of 15.43% compared to the previous year's $339.34 million. Earnings were $98.71 million, an increase of 553.67%.

Analyst Forecast

According to 2 analysts, the average rating for NAT stock is "Hold." The 12-month stock price forecast is $3.75, which is an increase of 54.64% from the latest price.

Price Target

$3.75

(54.64% upside)

Analyst Consensus: Hold