Nordic American Tankers Limited (NAT)

NYSE: NAT · IEX Real-Time Price · USD
2.65
+0.01 (0.38%)
Aug 15, 2022 4:00 PM EDT - Market closed
0.38%
Market Cap 534.43M
Revenue (ttm) 191.08M
Net Income (ttm) -171.33M
Shares Out 201.67M
EPS (ttm) -1.01
PE Ratio n/a
Forward PE 48.08
Dividend $0.06 (2.26%)
Ex-Dividend Date Jun 13, 2022
Volume 3,486,397
Open 2.56
Previous Close 2.64
Day's Range 2.48 - 2.66
52-Week Range 1.40 - 3.35
Beta 0.10
Analysts Buy
Price Target 3.03 (+14.3%)
Earnings Date Aug 29, 2022

About NAT

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 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. The company was incorporated in 1995 and is based in Hamilton, Bermuda. [Read more...]

Industry Oil, Gas & Consumable Fuels
IPO Date Sep 30, 1997
CEO Herbjorn Hansson
Employees 19
Stock Exchange NYSE
Ticker Symbol NAT
Full Company Profile

Financial Performance

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for NAT stock is "Buy." The 12-month stock price forecast is 3.03, which is an increase of 14.34% from the latest price.

Price Target
$3.03
(14.34% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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

Below are the latest contracts for our suezmax ships, showing the level of the market.

Nordic American Tankers Ltd (NYSE: NAT) – Contracts

Earnings for our suezmaxes with a cargo capacity of 150,000 tons (one million barrel) are on our website

Has Nordic American Tankers Limited (NAT) Outpaced Other Transportation Stocks This Year?

Here is how Nordic American Tankers (NAT) and Scorpio Tankers (STNG) have performed compared to their sector so far this year.

Nordic American Tankers Ltd (NYSE: NAT) – Market improvements - Some recent contracts

We are seing a strong improvement for our vessels. The fixtures also reflect waiting time.

Nordic American Tankers Ltd (NYSE: NAT) – Two suezmax newbuildings delivered and two long term contracts established

On May 13, 2022, we took delivery of the first of two recent suezmax tanker newbuildings from Samsung shipyard in South Korea. The vessel, which can carry one million barrels of oil, was named Nordic Ha...

Nordic American Tankers Ltd (NYSE: NAT) – Announces the date for its 2022 Annual General Meeting of Shareholders (AGM)

Nordic American Tankers Limited today announced that it has scheduled the 2022 AGM to be held in Monaco on November 17, 2022 at 3 pm, Monaco time.

Nordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson continues to increase his holding of NAT shares

Alexander Hansson, Board Member of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, the NAT Founder, Chairman and CEO, has today bought 115,000 shares in NAT at $ 2.08 per share.

Nordic American Tankers (NAT) Upgraded to Buy: Here's What You Should Know

Nordic American Tankers (NAT) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

Nordic American Tankers (NAT) Reports Q1 Loss, Lags Revenue Estimates

Nordic American Tankers (NAT) delivered earnings and revenue surprises of -27.27% and 28.92%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

5 Growth Stocks to Buy Now

EPS estimates are generally a strong indication of future growth. That's just one part of finding reliable growth stocks.

Other symbols: FROICADPTENSGEN

Why Earnings Season Could Be Great for Nordic American Tankers (NAT)

Nordic American Tankers (NAT) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

Nordic American Tankers (NAT) Expected to Beat Earnings Estimates: Should You Buy?

Nordic American Tankers (NAT) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Why Nordic American Tankers Shares Fell 21.3% Today

Are the good times over for tanker stocks?

Nordic American Tankers Ltd (NYSE: NAT) – Results are out Tuesday May 31 before NYSE opening

This is to advise you that the results for the first quarter of 2022 will be published before NYSE opening May 31, 2022.

Gimme shelter: Shipping stocks still rising amid Wall Street storm

The Nasdaq composite is down 29% since the beginning of the year, the S&P 500 17%, the Dow 12%. And then there's commodity shipping.

Shipping stocks take another beating, sinking by double digits

Monday was a rough day all around on Wall Street but particularly painful for owners of ocean shipping stocks, which fell much more sharply than the broader market. Concerns over China's economy, oil de...

Nordic American Tankers Ltd (NYSE: NAT) – Our Tankers are Busy

Tuesday, May 3, 2022

Nordic American Tankers Ltd (NYSE: NAT) – Delivery of newbuilding

Friday, April 29, 2022

Why Shares of Nordic American Tankers Popped 12.9% on Wednesday

Germany may be cutting off Russian oil, and that's good for tanker stocks today.