Nordic American Tankers Limited (NAT)
| Market Cap | 796.56M |
| Revenue (ttm) | 339.34M |
| Net Income (ttm) | 15.10M |
| Shares Out | 208.80M |
| EPS (ttm) | 0.07 |
| PE Ratio | 8.06 |
| Forward PE | 48.08 |
| Dividend | $0.46 (12.06%) |
| Ex-Dividend Date | Mar 19, 2024 |
| Volume | 860,230 |
| Open | 3.760 |
| Previous Close | 3.790 |
| Day's Range | 3.735 - 3.820 |
| 52-Week Range | 3.260 - 4.830 |
| Beta | -0.10 |
| Analysts | Strong Buy |
| Price Target | 5.33 (+39.71%) |
| Earnings Date | May 20, 2024 |
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 3 analysts, the average rating for NAT stock is "Strong Buy." The 12-month stock price forecast is $5.33, which is an increase of 39.71% from the latest price.
News
Nordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT shares
Thursday, April 4, 2024 Dear Shareholders and Investors, Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, h...
Wall Street's Most Accurate Analysts Say Buy These 3 Energy Stocks With Over 5% Dividend Yields - Ardmore Shipping (NYSE:ASC), Kimbell Royalty Partners (NYSE:KRP)
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) – A snapshot of the present market conditions
Thursday, March 7, 2024 Dear Shareholders and Investors, We have recently concluded the following fixtures: Nordic Castor (2004) was fixed to a Far Eastern Major for a voyage from Arabian Gulf to ...
Nordic American Tankers Ltd (NYSE: NAT) – Report as per December 31, 2023 – Dividend is up and solid prospects going forward
Thursday, February 29, 2024 Dear Shareholders and Investors, Highlights: In 2023, the Net Voyage Revenue for Nordic American Tankers Ltd (NAT) totaled $262.2 million. This is a remarkabl...
These 3 Energy Stocks With Over 5% Dividend Yields Are Recommended By Wall Street's Most Accurate Analysts - Nordic American Tankers (NYSE:NAT), Kinetik Holdings (NYSE:KNTK)
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) – Founder, Chairman & CEO outlines the international reach of the NAT operations
Thursday, February 15, 2024 Dear Shareholders and Investors, We have just published an article on our web page www.nat.bm under the heading "In the News". Please visit our web page www.nat.bm.
These seven tanker stocks are set for upside amid Red Sea disruption, says Evercore
A number of tanker stocks are well positioned to benefit from the fallout from the disruption to Red Sea shipping caused by the Houthi attacks on cargo ships, according to Evercore ISI.
Diverting ships around Africa will impact China to U.S. shipping times: Nordic American Tankers CEO
Herbjorn Hansson, Nordic American Tankers CEO, joins 'Closing Bell Overtime' to discuss rising risks in the Red Sea for shipping.
Nordic American Tankers Ltd (NYSE: NAT) – Greetings for the Season
Thursday, December 14, 2023 Dear Shareholders and Investors, As we are approaching the end of the year, we enjoy a solid market, the best we have seen for decades. The last year has once again pro...
Correction: Nordic American Tankers Ltd (NYSE: NAT) – Board Member Alexander Hansson buys more NAT shares
Thursday, November 30, 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, ha...
Nordic American Tankers Ltd (NYSE: NAT) –
Thursday, November 30, 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, ha...
Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2023 – The direction is up in a strong market
Wednesday, November 29, 2023 Dear Shareholders and Investors, Highlights: For decades, the experience is that uncertain times create demand for our ships. We see that there is a scarc...
Nordic American Tankers Ltd (NYSE: NAT) – Announces Results of its 2023 Annual General Meeting of Shareholders
Thursday, November 16, 2023 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") today, on November 16, ...
Nordic American Tankers Ltd (NYSE: NAT) – Most recent market fixtures for our ships
Tuesday, November 14, 2023 Dear Shareholders and Investors, Below are the 6 most recent spot fixtures, showing the level of the market for our suezmax ships. All numbers are approximations.
Nordic American Tankers Ltd (NYSE: NAT) – A Dividend Company
Wednesday, October 25, 2023 Dear Shareholders and Investors, NAT is in an excellent position. Our most recent fixtures, all to major oil companies, are in the range of $40,000 to $70,000 per day.
Nordic American Tankers Ltd (NYSE: NAT) – Purchase of suezmax tanker - increasing the NAT fleet to 20 ships
Thursday October 19, 2023 Dear Shareholders and investors, NAT is pleased to announce that today we entered into a purchase agreement for a suezmax tanker. The vessel was built by a yard in South ...
Nordic American Tankers Ltd (NYSE: NAT) – 2023 Annual General Meeting of Shareholders (AGM)
Monday, October 2, 2023 Dear Shareholders and Investors, Please be informed that the date of the Annual General Meeting (AGM) in Nordic American Tankers Limited (NAT) has been set to November 16, ...
Nordic American Tankers Ltd (NYSE: NAT) – The market is good for our ships
Friday, September 29, 2023 Dear Shareholders and Investors, Please see our web page www.nat.bm and scroll down to "In the News" for a read on our latest topic; The market is good for our ships. ...
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...
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...