Nordic American Tankers Limited (NAT)

NYSE: NAT · Real-Time Price · USD
2.740
+0.030 (1.11%)
Jun 10, 2025, 4:00 PM - Market closed
1.11%
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]

Sector Energy
IPO Date Sep 30, 1997
Employees 15
Stock Exchange NYSE
Ticker Symbol NAT
Full Company Profile

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 Statements

Analyst 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.

Price Target
$3.5
(27.74% upside)
Analyst Consensus: Hold
Stock Forecasts

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...

10 hours ago - Seeking Alpha

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 $...

6 days ago - GlobeNewsWire

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...

8 days ago - GlobeNewsWire

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.

11 days ago - GlobeNewsWire

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.

13 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

5 weeks ago - Seeking Alpha

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.

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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 ...

2 months ago - Seeking Alpha

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...

3 months ago - GlobeNewsWire

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...

3 months ago - GlobeNewsWire

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 ...

3 months ago - Seeking Alpha

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.

4 months ago - GlobeNewsWire

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.

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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 ...

6 months ago - GlobeNewsWire

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...

6 months ago - Seeking Alpha

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...

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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 ...

8 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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...

9 months ago - GlobeNewsWire

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 ...

10 months ago - Seeking Alpha