Nordic American Tankers Limited (NAT)
| Market Cap | 580.20M |
| Revenue (ttm) | 327.12M |
| Net Income (ttm) | 35.83M |
| Shares Out | 211.75M |
| EPS (ttm) | 0.17 |
| PE Ratio | 16.32 |
| Forward PE | 9.90 |
| Dividend | $0.29 (10.58%) |
| Ex-Dividend Date | Jun 12, 2025 |
| Volume | 2,349,018 |
| Open | 2.730 |
| Previous Close | 2.710 |
| Day's Range | 2.710 - 2.750 |
| 52-Week Range | 2.130 - 4.230 |
| Beta | -0.20 |
| Analysts | Hold |
| Price Target | 3.50 (+27.74%) |
| Earnings Date | Jun 17, 2025 |
About NAT
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. The company operates a fleet of 20 Suezmax crude oil tankers. The company was incorporated in 1995 and is based in Hamilton, Bermuda. [Read more]
Financial Performance
In 2024, Nordic American Tankers's revenue was $349.74 million, a decrease of -10.71% compared to the previous year's $391.69 million. Earnings were $46.64 million, a decrease of -52.75%.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for NAT stock is "Hold." The 12-month stock price forecast is $3.5, which is an increase of 27.74% from the latest price.
News
Nordic American Tankers: Weak Results Offset By Generous Dividend - Hold
Nordic American Tankers reported disappointing Q1/2025 results, with the company underperforming peers by a wide margin and cash flow from operations turning negative. However, the weak operating perf...
Nordic American Tankers Ltd (NYSE: NAT) – The Hansson family continues to buy more NAT shares
Wednesday, June 4, 2025 Dear Shareholders and Investors, Founder, Chairman & CEO, Herbjorn Hansson, and his son, Vice Chairman, Alexander Hansson, have today each bought 100,000 shares in NAT at $...
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT
Monday, June 2, 2025 Dear Shareholders and Investors, Founder, Chairman & CEO, Herbjorn Hansson, has today bought 100.000 shares at $2.70 per share. Following this transaction, the Hansson family o...
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Friday, May 30, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.60 per share. He is now holding 4,650,000 shares.
Nordic American Tankers Ltd (NYSE: NAT) – Report as per March 31, 2025 – The path points upward
Thursday, May 29, 2025 Dear Shareholders and Investors, Ninety day periods offer a short-term snapshot of a company. However, a meaningful analysis must contain a bigger, longer-term picture.
Nordic American Tankers Ltd (NYSE: NAT) – The company is in an active phase of development
Friday, May 9, 2025 Dear Shareholders and Investors, The first months of 2025 since the end of 2024 has been the most active period in Nordic American (NAT) for several years. The path forward is up...
Nordic American Tankers: Set Up For Success
Nordic American Tankers (NAT) is a small-cap Suezmax tanker firm with a clean balance sheet and a history of consistent dividends. Despite recent poor share price performance, NAT's earnings are set t...
Nordic American Tankers Ltd (NYSE: NAT) – The Hansson family buys more shares
Monday, April 7, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.19 per share. He is now holding 4,400,000 shares.
Nordic American Tankers Ltd (NYSE: NAT) – For shareholders/investors
Monday, April 7, 2025 Dear Shareholders and Investors, I wish personally to reassure our shareholders/investors that Nordic American is in a very strong position. In these volatile markets we have m...
Nordic American Tankers Provides Steady Dividends With Upside Potential
Nordic American Tankers operates 21 Suezmax oil tankers, has paid dividends for 110 consecutive quarters, and is positioned to benefit from potential global growth. The company has navigated a decade ...
Nordic American Tankers Ltd (NYSE: NAT) – The NAT fleet is expanding, providing room for continued dividend payments
Friday, March 14, 2025 Dear Shareholders and Investors, As previously communicated, we recently acquired a Sungdong (South-Korea) built suezmax tanker from a first-class owner. The vessel is expecte...
Nordic American Tankers Ltd (NYSE: NAT) – Report as per December 31, 2024 – The direction is upwards. Dividend payments continue and are 6 cents this quarter
Friday, February 28, 2025 Dear Shareholders and Investors, Ninety day periods offer a short-term snapshot of a company, but it is more instructive to look at the bigger, longer-term picture. The dir...
Nordic American Tankers: Q4 Preview And 2025 Outlook
Nordic American Tankers' stock has declined by 26% since my last report, trending inline with weaker tanker rates. At current tanker rates, analyst estimates are likely too optimistic for 2025. Using ...
Nordic American Tankers Ltd (NYSE: NAT) –
REPEAT Wednesday, February 5, 2025 Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.
Nordic American Tankers Ltd (NYSE: NAT) – An active period going forward
Wednesday, February 5, 2025 Dear Shareholders and Investors, A major project for 2025 is to renew and grow our fleet. We plan to buy two or three ships and to sell two or three.
Nordic American Tankers Ltd (NYSE: NAT) – An active period involving several transactions
Wednesday, January 22, 2025 Dear Shareholders and Investors, In the recent past, NAT has carried through several transactions, reflecting a very active period. NAT has declared the purchase option f...
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more share in NAT
Wednesday, December 4, 2024 Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 194,341 shares in NAT at the price of ...
Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - Hold
Nordic American Tankers reported weaker-than-expected Q3/2024 results and cut the quarterly dividend by 67% to $0.04 per share. While seasonal weakness impacted the company's average daily time charte...
Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
Friday, November 29, 2024 Dear Shareholders and Investors, Highlights: The international profile of NAT is reflected in the fact that during the last five years our ships have loaded & discharged...
Nordic American Tankers Ltd (NYSE: NAT) – Announces Results of its 2024 Annual General Meeting of Shareholders
Monday, November 25, 2024 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the “Meeting”) Thursday, November 21, 2024 i...
Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NAT
Repeat Monday, November 4, 2024 Dear Shareholders and Investors, We would note that we don't expect there will be a noticeable immediate impact on Nordic American Tankers irrespective of who is th...
Nordic American Tankers Ltd (NYSE: NAT) – Long term contract with a major energy company
Tuesday, October 15, 2024 Dear Shareholders and Investors, NYSE listed Nordic American Tankers Ltd (NAT) is pleased to announce a five-year time charter contract with a major international energy ...
Nordic American Tankers Ltd (NYSE: NAT) – 2024 Annual General Meeting of Shareholders (AGM)
Monday, September 23, 2024 Dear Shareholders and Investors, Please be informed that the date of the Annual General Meeting (AGM) in Nordic American Tankers Limited (NAT) has been set to November 2...
Nordic American Tankers Ltd (NYSE: NAT) – Shareholder/Investor conference Thursday September 12, 2024
Wednesday, September 11, 2024 Dear Shareholders and Investors, On September 2nd, 2024, we advised Shareholders and Investors that a Conference call would take place Thursday, September 12th. Confere...
Nordic American Tankers: A 12.9% Dividend Yield And Strong Fundamentals
Initiating coverage on Nordic American Tankers with a “Buy” rating, expecting 15-20% total returns over the next 12 to 15 months. NAT's strong financial flexibility and healthy credit metrics support ...