Nordic American Tankers Limited (NAT)

NYSE: NAT · IEX Real-Time Price · USD
3.95
+0.09 (2.33%)
Sep 22, 2023, 4:00 PM EDT - Market closed
2.33%
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]

Industry Marine Shipping
Sector Industrials
IPO Date Sep 30, 1997
Employees 18
Stock Exchange NYSE
Ticker Symbol NAT
Full Company Profile

Financial Performance

Financial Statements

Analyst 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.

Price Target
$5.5
(39.24% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

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....

25 days ago - GlobeNewsWire

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...

25 days ago - GlobeNewsWire

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...

26 days ago - GlobeNewsWire

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...

4 weeks ago - GlobeNewsWire

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...

Other symbols: CVXVLO
3 months ago - Benzinga

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...

Other symbols: DVNOKE
3 months ago - Benzinga

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 ...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

Other symbols: DVNOKE
5 months ago - Benzinga

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...

Other symbols: DHTEVA
5 months ago - Benzinga

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 ...

Other symbols: DHTFROTNK
6 months ago - FreightWaves

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.

6 months ago - GlobeNewsWire

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).

6 months ago - GlobeNewsWire

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...

Other symbols: FROINSWTNKTNPTRMD
7 months ago - MarketBeat

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.

7 months ago - GlobeNewsWire

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.

7 months ago - GlobeNewsWire

Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call details

Please find Investor Conference call details below and in attachment.

7 months ago - GlobeNewsWire

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.

Other symbols: INSWSTNG
7 months ago - MarketBeat

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.

7 months ago - GlobeNewsWire

Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference Call

Our 4Q 2022 earnings will be released Monday February 27, 2023, before NYSE opening.

7 months ago - GlobeNewsWire

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.

8 months ago - GlobeNewsWire

Nordic American Tankers Ltd (NYSE: NAT) – Greetings for the Season

Friday, December 16, 2022

10 months ago - GlobeNewsWire

Nordic American Tankers Ltd (NYSE: NAT) – Update on spot contracts

Friday, December 9, 2022

10 months ago - GlobeNewsWire