Nordic American Tankers Limited (NAT)
| Market Cap | 489.90M |
| Revenue (ttm) | 317.22M |
| Net Income (ttm) | -10.35M |
| Shares Out | 142.57M |
| EPS (ttm) | 0.62 |
| PE Ratio | 5.16 |
| Forward PE | n/a |
| Dividend | $0.45 |
| Dividend Yield | 14.06% |
| Trading Day | February 25 |
| Last Price | $3.20 |
| Previous Close | $3.33 |
| Change ($) | -0.13 |
| Change (%) | -3.90% |
| Day's Open | 3.34 |
| Day's Range | 3.20 - 3.45 |
| Day's Volume | 3,926,317 |
| 52-Week Range | 2.10 - 8.23 |
Nordic American Tankers (NAT) has moved higher as of late, but there could definitely be trouble on the horizon for this company.
The shares of several shipping companies are trading higher on Friday amid a spike in overseas shipping stocks. There is no company-specific news.
When it comes to the stock market, sometimes the baby gets thrown out with the bathwater. This means if a particular sector or industry is weak, even the stocks of good companies may go lower.
Nordic American Tankers has a better dividend history than their peers, although that is a rather low bar to jump since oil tanker companies are fundamentally unattractive. Even after reducing...
December 21, 2020
December 18, 2020.
Here are 5 stocks added to the Zacks Rank #5 (Strong Sell) List today
These are the shipping stocks with the best value, fastest growth, and most momentum for Q1 2021.
December 10, 2020
These are the oil tanker stocks with the best value, fastest growth, and best performance for Q1 2021.
Nordic American Tankers (NAT) delivered earnings and revenue surprises of -16.67% and -3.26%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead f...
Nordic American Tankers (NAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
November 16, 2020
Investors often focus on major market averages, but they may be missing out on hot penny stocks. Keep these seven on your radar.
We receive many comments and questions regarding the market for our suezmaxes (25 suezmaxes including 2 newbuildings for 2022 delivery).
November 3, 2020
Chinese water torture is defined as “a painful process in which cold water is slowly dripped onto the scalp, forehead or face for a prolonged period of time, allegedly making the restrained vi...
October 16, 2020
October 16, 2020
These are the oil tanker stocks with the best value, growth, and most momentum for Q4 2020.
These are the shipping stocks are the best for value, fastest growth, and performance for Q4 2020.
Containers have wrestled the ocean-shipping headlines away from tankers and bulkers as stratospheric China-to-California box rates approach $4,000 per forty-foot equivalent unit (FEU).
September 23, 2020
Let's see if Nordic American Tankers (NAT) stock is a good choice for value-oriented investors right now from multiple angles.
Clear Dividend Policy A Winner For Nordic American Tankers
The following companies may attract the attention of dividend investors, as their stocks are granting more than the S&P 500 index, which is the benchmark for the U.S.
August 20, 2020 A conference call will be held at 08:00 am US Eastern Time Wednesday August 26, 2020.
NAT published Q2 and first half 2020 results, and has shown outstanding growth to net income, EBITDA and net revenue.
In looking at NAT’s report, it would appear that they reached this virtuous point—the point at which a company is truly playing with the house’s money—at a faster pace, and possibly in the fi...
Nordic American Tankers (NAT) delivered earnings and revenue surprises of 17.86% and 6.34%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the ...
Shares of Nordic American Tankers (NYSE:NAT) rose 3.5% in pre-market trading after the company reported Q2 results.
Nordic American Tankers (NAT) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Nordic American Tankers (NYSE: NAT) announces its next round of earnings this Monday, August 17.
Coronavirus-induced weak voyage revenues are likely to have dented Nordic American Tankers' (NAT) Q2 performance.
Tanker stocks have a "tree falls in empty woods and no one hears it" problem. They have a compelling longer-term pitch — almost no newbuild contracts, a giant plus for rates — but buyers are l...
Final Trades: JPMorgan, Goldman Sachs, Paychex & more
The "Halftime Report" traders give their top picks to watch for the second half.
The tanker sector refuses to follow its script. Rates were supposed to keep on sinking into the summer.
We receive questions about potential US sanctions involving tankers trading on Iran & Venezuela. What would this mean for NAT?
Top Ranked Income Stocks to Buy for June 18th 2020
We regularly comment on geopolitical events with relevance to NAT. Such events include trade negotiations between China and the US, OPEC-actions, Covid-19 pandemic, Middle East tensions and s...
Investors need to pay close attention to Nordic American Tankers (NAT) stock based on the movements in the options market lately.
About NAT
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 23 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. Nordic American Tankers Limited was founded in 1995 and is based in Hamilton, Bermuda.
| Industry Marine Shipping | IPO Date Sep 30, 1997 |
| CEO Herbjorn Hansson | Employees 20 |
| Stock Exchange NYSE | Ticker Symbol NAT |
Financial Performance
In 2019, NAT's revenue was $317.22 million, an increase of 9.76% compared to the previous year's $289.02 million. Losses were -$10.35 million, -89.14% less than in 2018.
Analyst Forecasts
According to 5 analysts, the average rating for NAT stock is "Buy." The 12-month stock price forecast is 5.50, which is an increase of 71.88% from the latest price.