Nordic American Tankers Limited (NAT)
| Market Cap | 824.74M |
| Revenue (ttm) | 339.34M |
| Net Income (ttm) | 15.10M |
| Shares Out | 208.80M |
| EPS (ttm) | 0.07 |
| PE Ratio | 6.81 |
| Forward PE | 48.08 |
| Dividend | $0.52 (13.17%) |
| Ex-Dividend Date | Sep 13, 2023 |
| Volume | 2,483,298 |
| Open | 3.86 |
| Previous Close | 3.86 |
| Day's Range | 3.86 - 3.99 |
| 52-Week Range | 2.47 - 4.65 |
| Beta | 0.16 |
| Analysts | Strong Buy |
| Price Target | 5.50 (+39.24%) |
| Earnings Date | Aug 28, 2023 |
About NAT
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 19 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda. [Read more]
Financial Performance
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for NAT stock is "Strong Buy." The 12-month stock price forecast is $5.5, which is an increase of 39.24% from the latest price.
News
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more share in NAT (repeat)
Tuesday, August 29, 2023 Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 50,000 shares in NAT at the price of USD 4....
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT
Tuesday, August 29, 2023 Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 50,000 shares in NAT at the price of US...
Nordic American Tankers Ltd (NYSE: NAT) – Report June 30, 2023 - First half 2023 – The direction of NAT is up
Monday, August 28, 2023 Dear Shareholders and Investors, Please see HIGHLIGHTS and the enclosed report for first half of 2023. Highlights: The net income for the first half of 2023 is i...
Nordic American Tankers Ltd (NYSE: NAT) – Earnings Release Timing
Wednesday, August 23, 2023 Dear Shareholders and Investors, Our first half 2023 earnings report will be released on Monday August 28, 2023 before NYSE opening. Sincerely, Herbjorn HanssonFounder, C...
Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 3% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
These 3 Energy Stocks Delivering High-Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Nordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson buys more NAT shares
REPEAT Tuesday, May 23, 2023 Dear Shareholders and Investors, Alexander Hansson, Board Member of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has ...
Nordic American Tankers Ltd (NYSE: NAT) – Report March 31, 2023 (First quarter 2023) – History in the making!
Monday, May 22, 2023 Dear Shareholders and Investors, Highlights: The average Time Charter Equivalent (TCE) for our spot vessels (15) during the first quarter of 2023 came in at $60,0...
Nordic American Tankers Ltd (NYSE: NAT) – Announces first quarter 2023 earnings release date, Monday May 22, 2023
Tuesday, May 16, 2023 Dear Shareholders and Investors, Our first quarter 2023 earnings report will be released on Monday May 22, 2023 before NYSE opening. Sincerely, Herbjorn HanssonFounder, Chairma...
Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 6% Dividend Yields
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks Delivering High-Dividend Yields - DHT Holdings (NYSE:DHT), Enviva (NYSE:EVA)
During times of turbulence and uncertainty in the markets, many investors turn to dividend-yielding stocks. These are often companies that have high free cash flows and reward shareholders with a high...
OPEC+ throws tanker shipping a curveball, shaking confidence
“In classic Murphy's Law fashion, shipping seems prone to misfortune,” lamented Stifel analyst Ben Nolan in the wake of Sunday's surprise OPEC+ production cuts. “Things could not have been going more ...
Nordic American Tankers Ltd (NYSE: NAT) – Dividend paid 102 consecutive quarters
Please find enclosed a table illustrating the dividend declared over 102 consecutive quarters. The dividend policy is a priority for NAT and will remain so.
Nordic American Tankers Ltd (NYSE: NAT) – Update on important questions
There is nervousness in the stock markets. This nervousness does not impact Nordic American Tankers Ltd (NAT).
Oil Tankers In Buy Range After Breaking Out Of Bases
When it comes to oil transportation, pipeline companies are attractive due to high yield and stable price performance, but tanker stocks have moved into technical leadership since the start of the yea...
Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call audio replay and transcript available
On Tuesday, March 7, 2023, we held an Investor Conference Call about Nordic American Tankers Ltd.
Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call - audio replay and transcript available
Yesterday, Tuesday March 7, 2023, we held an Investor Conference Call about Nordic American Tankers Ltd.
Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call details
Please find Investor Conference call details below and in attachment.
Oil Tankers Boost Dividends, See Continued Robust Business In '23
Oil tankers have been on an uptrend for the past year, with no real signs of slowing down. In one of the latest developments, Nordic American Tanker Ltd.
Nordic American Tankers Ltd (NYSE: NAT) – Report December 31, 2022 (Fourth quarter & full year 2022) - Rates & Dividends are up
The 4Q 2022 Net result is more than $50 million better than the same quarter 2021. The direction of NAT is unquestionably upwards.
Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call
Our 4Q 2022 earnings will be released Monday February 27, 2023, before NYSE opening.
Nordic American Tankers Ltd (NYSE: NAT) – Announces fourth quarter and full year 2022 earnings release date, Monday February 27, 2023
Our fourth quarter and full year 2022 earnings report will be released on Monday February 27, 2023, before NYSE opening.
Nordic American Tankers Ltd (NYSE: NAT) – Some reflections at the start of the New Year
Wednesday, January 4, 2023
Nordic American Tankers Ltd (NYSE: NAT) – Greetings for the Season
Friday, December 16, 2022
Nordic American Tankers Ltd (NYSE: NAT) – Update on spot contracts
Friday, December 9, 2022