Nordic American Tankers Limited (NAT)
| Market Cap | 1.19B +123.6% |
| Revenue (ttm) | 292.42M -16.4% |
| Net Income | 12.27M -73.7% |
| EPS | 0.06 -73.7% |
| Shares Out | 211.75M |
| PE Ratio | 96.64 |
| Forward PE | 7.57 |
| Dividend | $0.47 (8.39%) |
| Ex-Dividend Date | Mar 10, 2026 |
| Volume | 4,017,035 |
| Open | 5.87 |
| Previous Close | 5.83 |
| Day's Range | 5.51 - 5.88 |
| 52-Week Range | 2.55 - 6.34 |
| Beta | -0.52 |
| Analysts | Sell |
| Price Target | 4.00 (-28.57%) |
| Earnings Date | May 29, 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 "Sell." The 12-month stock price target is $4.0, which is a decrease of -28.57% from the latest price.
News
Unusually active option classes on open May 4th
Unusual total active option classes on open include: Nano Dimension (NNDM), Xerox (XRX), Nordic American Tankers (NAT), 21Vianet (VNET), GameStop (GME), Poet Technologies (POET), Churchill Capital Cor...
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 call volume above normal and directionally bullish
Bullish option flow detected in Nordic American Tankers (NAT) with 1,889 calls trading, 1.1x expected, and implied vol increasing over 2 points to 59.71%. Apr-26 6 calls and Oct-26 7…
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...
Nordic American Tankers price target raised to $7.50 from $5 at B. Riley
B. Riley analyst Liam Burke raised the firm’s price target on Nordic American Tankers (NAT) to $7.50 from $5 and keeps a Buy rating on the shares. Published first on…
Nordic American Tankers Ltd (NYSE: NAT) – Report as per December 31, 2025 – Full speed ahead
Thursday, February 26, 2026 Dear Shareholders and Investors, Ninety day periods offer a short-term snapshot. A more meaningful analysis must contain a longer-term picture.
Nordic American Tankers management to meet virtually with B. Riley
Virtual Meeting to be held on March 3-4 hosted by B. Riley.
Nordic American Tankers announces 2003-built vessel sold for $25M
CEO Herbjorn Hansson said, “I am pleased to announce that we have entered into a sales agreement for a 2003-built suezmax tanker. The sales price of the ship is $25…
Nordic American Tankers Ltd (NYSE: NAT) – A 2003-built vessel sold for $25 million
Monday, February 9, 2026 Dear Shareholders and Investors, I am pleased to announce that we have entered into a sales agreement for a 2003-built suezmax tanker. The sales price of the ship is $25 milli...
Nordic American Tankers CEO says NAT is in ‘a solid position’
In a letter to shareholders, CEO Herbjorn Hansson said, “I am pleased to inform you that the following transactions have been carried through: The earlier announced preliminary agreements for the…
Nordic American Tankers Ltd (NYSE: NAT) – Important transactions in a strong market. Solid prospects
Friday, January 16, 2026 Dear Shareholders and Investors, I am pleased to inform you that the following transactions have been carried through: The earlier announced preliminary agreements for the con...
Hansson family surpasses 5% ownership in Nordic American Tankers
In a shareholder letter, CEO Herbjorn Hansson said, “I am pleased to disclose that I, as the Founder, Chairman & CEO of NAT, today have bought 200,000 shares at $3.50…
Nordic American Tankers Ltd (NYSE: NAT) – Mandatory notification - The Hansson family purchase more shares and passes 5% ownership in NAT
Monday, December 22, 2025 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 $3.50 per share, bringing my to...
Nordic American Tankers to sell two suezmax tankers for $50M
Nordic American Tankers (NAT) has entered into firm agreements to sell two suezmax tankers at a net price of $50M for both vessels. The vessels are expected to be delivered…
Nordic American Tankers Ltd (NYSE: NAT) – Sale of two Suezmax tankers and contracting of two newbuildings
Thursday, December 18, 2025 Dear Shareholders and Investors, NAT has today entered into firm agreements to sell two suezmax tankers (2004 and 2005-built) at a net price of $50 million for both vesse...
Nordic American Tankers comments on ‘strong’ market, Venezuela matters
The company said, “Below are the recent spot fixtures, showing the strong level of the market for our suezmax vessels. There is a scarcity of vessels, producing room for the…
Nordic American Tankers Ltd (NYSE: NAT) – Comments on strong market and on Venezuela matters
Friday, December 12, 2025 Dear Shareholders and Investors, Below are the recent spot fixtures, showing the strong level of the market for our suezmax vessels. There is a scarcity of vessels, produc...