Nordic American Tankers Limited (NAT)
| Market Cap | 1.69B +148.8% |
| Revenue (ttm) | 371.14M +23.2% |
| Net Income | 123.50M +823.4% |
| EPS | 0.58 +855.0% |
| Shares Out | 211.75M |
| PE Ratio | 13.68 |
| Forward PE | 15.20 |
| Dividend | $0.47 (5.89%) |
| Ex-Dividend Date | Sep 10, 2026 |
| Volume | 1,812,153 |
| Open | 8.09 |
| Previous Close | 7.98 |
| Day's Range | 7.93 - 8.19 |
| 52-Week Range | 3.08 - 8.33 |
| Beta | -0.52 |
| Analysts | Hold |
| Price Target | 6.50 (-18.34%) |
| Earnings Date | Aug 27, 2026 |
About NAT
Nordic American Tankers Limited, a tanker company, owns, operates, and charters double-hull tankers in Bermuda and internationally. As of December 31, 2025, the company fleet consisted of 20 Suezmax crude oil tankers. It serves oil companies, oil traders, and other entities requiring crude oil transportation services. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to American Tankers Limited in June, 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.
Financial Performance
In 2025, Nordic American Tankers's revenue was $292.42 million, a decrease of -16.39% compared to the previous year's $349.74 million. Earnings were $12.27 million, a decrease of -73.69%.
Financial StatementsAnalyst Summary
According to 2 analysts, the average rating for NAT stock is "Hold." The 12-month stock price target is $6.5, which is a decrease of -18.34% from the latest price.
News
Nordic American Tankers Ltd (NYSE: NAT) – 2026 Annual General Meeting of Shareholders (AGM)
Monday, September 28, 2026 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 20,...
Nordic American Tankers Ltd (NYSE: NAT) – the Direction is Up
Wednesday, September 23, 2026 Dear Shareholders and Investors, I am very pleased to inform you that the market conditions for our vessels continue to be exceptionally solid. We expect this development...
Nordic American Tankers Ltd (NYSE: NAT) – Exceptional conditions for our vessels
Tuesday, September 15, 2026 Dear Shareholders and Investors, We are currently experiencing a market for our vessels that is extraordinary. Below is a snapshot of some recent spot fixtures for our ship...
Nordic American Tankers price target raised to $8 from $7.50 at B. Riley
B. Riley raised the firm’s price target on Nordic American Tankers (NAT) to $8 from $7.50 and keeps a Buy rating on the shares. Nordic American Tankers delivered a strong…
Nordic American Tankers Earnings release: Q2 2026
Nordic American Tankers released its Q2 2026 earnings on August 27, 2026, summarizing the period's financial results.
Nordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2026 – The direction of NAT is unquestionably upwards – rates & values are up
Thursday, August 27, 2026 Dear Shareholders and Investors, In our report to you a short while ago, we described how Nordic American Tankers Ltd (NAT) fared this summer. Summary: We succeeded in gettin...
Nordic American Tankers Ltd (NYSE: NAT) – An optimistic summer message from NAT
Thursday, July 23, 2026 To our shareholders and other friends, The market for our ships is exceptionally good, and we believe it will continue at least for a year or two. We have seen geopolitical aff...
Nordic American Tankers Ltd (NYSE: NAT) – Excellent business conditions for NAT
Tuesday, July 14, 2026 To our friends, I was interviewed live yesterday, Monday July 13 by CNBC. The interview is on the link below.
Nordic American Tankers Ltd (NYSE: NAT) – Herbjorn Hansson, increased holding in NAT
Friday, July 10, 2026 Dear Shareholders and Investors, I am pleased to inform you that I have today bought 100,000 shares at $6.03 per share, bringing my holdings in NAT to 5,700,000 shares. Following...
Nordic American Tankers Ltd (NYSE: NAT) – Our ships are out of the Arabian Gulf
Thursday, July 2, 2026 Dear Shareholders and Investors, We have had 3 ships stuck in the Arabian Gulf. The problems started February 28 this year.
Nordic American Tankers Ltd (NYSE: NAT) – Vice Chairman Alexander Hansson increases his NAT shareholding to 6 million shares
Thursday, June 25, 2026 Dear Shareholders and Investors, We are pleased to inform you that Monaco based Alexander Hansson, Vice-Chairman of NAT has bought 145,000 shares at $6.44 per share, bringing...
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO, Herbjorn Hansson purchases more shares in NAT
Wednesday, June 3, 2026 Dear Shareholders and Investors, I am pleased to inform you that I, Founder, Chairman & CEO, has today bought 100,000 shares at $5.26 per share, bringing my holdings in NAT to ...
Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson purchase more shares in NAT
Friday, May 29, 2026 Dear Shareholders and Investors, We are pleased to advice that Alexander Hansson, Vice-Chairman of NAT has bought 300,000 shares at $5.16 per share, bringing his holdings to 5,8...
Nordic American Tankers Ltd (NYSE: NAT) – the situation in the Middle East
Friday, May 29, 2026 Dear Shareholders and Investors, Comments on the Arabian Gulf/Hormuz situation can be found on our home page www.nat.bm by scrolling down on the front page, to the "In the news" s...
Nordic American Tankers Earnings release: Q1 2026
Nordic American Tankers released its Q1 2026 earnings on May 27, 2026, summarizing the period's financial results.
Nordic American Tankers Ltd (NYSE: NAT) – Recent contracts in a solid market
Friday, May 15, 2026 Dear Shareholders and Investors, Below is information related to contracts that have been concluded recently. Please note that the $ numbers and periods are approximations.
Nordic American Tankers downgraded to Underperform from In Line at Evercore ISI
Evercore ISI downgraded Nordic American Tankers (NAT) to Underperform from In Line.
Evercore downgrades Nordic American Tankers to Sell on war disruption
Evercore ISI analyst Jonathan Chappell downgraded Nordic American Tankers (NAT) to Underperform from In Line with a price target of $4.50, down from $5. The Iran War and Strait of…
Nordic American Tankers CEO: The strait will open 'sooner than later' due to international pressure
Herbjorn Hansson, CEO of Nordic American Tankers, joins 'Power Lunch' to discuss the fate of the Strait of Hormuz, how the conflict is affecting global markets, and more.
Nordic American Tankers CEO on Strait of Hormuz closure: 'We should be fine in a few weeks'
Herbjorn Hansson, CEO of Nordic American Tankers, joins 'Squawk on the Street' to discuss shipping uncertainties related to the Iran war.
Nordic American Tankers says Q1 expected to be much better than Q4
In a letter to shareholders, the company said, “The present situation is tumultuous, leading to very strong results. The first quarter of 2026 is expected to be much better than…
Nordic American Tankers Ltd (NYSE: NAT) – A tumultuous situation creates strong results
Monday, March 23, 2026 Dear Shareholders and Investors, The present situation is tumultuous, leading to very strong results. The first quarter of 2026 is expected to be much better than the last qua...
Nordic American Tankers to sell 2005 built ship for $40M
In a letter to investors, CEO Herbjorn Hansson wrote, ” This is to advise you that we have entered into an agreement to sell a 2005 built ship, at a…
Nordic American Tankers Ltd (NYSE: NAT) – A 2005 built vessel has been sold
Tuesday, March 17, 2026 Dear Shareholders and Investors, This is to advise you that we have entered into an agreement to sell a 2005 built ship, at a price of about USD 40 million. We expect that our...
Nordic American Tankers Ltd (NYSE: NAT) – The Hansson family purchase more shares in NAT
Tuesday, March 3, 2026 Dear Shareholders and Investors, I am pleased to disclose that I, as the Founder, Chairman & CEO of NAT, today have bought 200,000 shares at $5.7016 per share, bringing my total...