NYSE:NAT Nordic American Tankers (NAT) Stock Price, News & Analysis → The world’s greatest investment (From Porter & Company) (Ad) Free NAT Stock Alerts $4.04 -0.02 (-0.49%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$4.00▼$4.0750-Day Range$4.02▼$4.4952-Week Range$3.26▼$4.83Volume4.29 million shsAverage Volume3.21 million shsMarket Capitalization$842.51 millionP/E Ratio8.59Dividend Yield5.95%Price Target$5.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Nordic American Tankers alerts: Email Address Nordic American Tankers MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside32.2% Upside$5.33 Price TargetShort InterestHealthy3.53% of Shares Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.24Based on 10 Articles This WeekInsider TradingN/AProj. Earnings Growth9.09%From $0.55 to $0.60 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.05 out of 5 starsTransportation Sector44th out of 120 stocksWater Transportation Industry6th out of 20 stocks 3.3 Analyst's Opinion Consensus RatingNordic American Tankers has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $5.33, Nordic American Tankers has a forecasted upside of 32.2% from its current price of $4.04.Amount of Analyst CoverageNordic American Tankers has only been the subject of 2 research reports in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.53% of the outstanding shares of Nordic American Tankers have been sold short.Short Interest Ratio / Days to CoverNordic American Tankers has a short interest ratio ("days to cover") of 2.2, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nordic American Tankers has recently increased by 21.82%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipNordic American Tankers is a leading dividend payer. It pays a dividend yield of 5.91%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNordic American Tankers has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of Nordic American Tankers is 51.06%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Nordic American Tankers will have a dividend payout ratio of 40.00% next year. This indicates that Nordic American Tankers will be able to sustain or increase its dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NAT. Previous Next 2.9 News and Social Media Coverage News SentimentNordic American Tankers has a news sentiment score of 0.24. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 10 news articles for Nordic American Tankers this week, compared to 2 articles on an average week.Search Interest46 people have searched for NAT on MarketBeat in the last 30 days. This is an increase of 7% compared to the previous 30 days.MarketBeat Follows24 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Nordic American Tankers insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 2.85% of the stock of Nordic American Tankers is held by insiders.Percentage Held by Institutions42.98% of the stock of Nordic American Tankers is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tankers are expected to grow by 9.09% in the coming year, from $0.55 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 8.59, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 152.71.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 8.59, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 16.96.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.56. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. 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The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.Read More NAT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NAT Stock News HeadlinesMarch 18, 2024 | investorplace.com3 Oil & Gas Penny Stocks That Could Gush 100% Gains by 2025March 18, 2024 | finance.yahoo.comDoes Nordic American Tankers (NYSE:NAT) Deserve A Spot On Your Watchlist?March 19, 2024 | InvestorPlace (Ad)They said crypto was dead. It went up 100X.Bitcoin’s haters are out again. Despite the price doubling in the last six months alone… That hasn’t stopped the experts from piling on. Warren Buffett’s right-hand man Charlie Munger called crypto investors “idiots” in one of his last interviews. JPMorgan CEO Jamie Dimon, recently called Bitcoin a “pet rock” and “a hyped-up fraud.” But when it comes to cryptos, these are exactly the people you shouldn’t listen to. They’ve predicted crypto’s demise for years.March 16, 2024 | ca.finance.yahoo.comNAT Oct 2024 7.000 putMarch 16, 2024 | ca.finance.yahoo.comNAT Jul 2024 5.500 callMarch 16, 2024 | ca.finance.yahoo.comNAT May 2024 2.500 callMarch 15, 2024 | msn.comAn 11.9% yield and surging earnings: could this be the best dividend stock?March 14, 2024 | msn.comNavigator Holdings declares $0.05 dividendMarch 19, 2024 | Crypto 101 Media (Ad)Altcoin FRENZY Alert…Bitcoin recently crossed the highest price in its 15-year history… Less than 2 years after one of the most vicious crypto market meltdowns we've ever seen! Bitcoin's BOOM also sent shockwaves through the altcoin market, with select coins seeing HUGE moves in a matter of days… Like Fetch.ai, that gained over 350% in just the last 30 days… March 12, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT sharesMarch 7, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – A snapshot of the present market conditionsMarch 5, 2024 | investorplace.com3 Under-$10 Stocks With Sky-High Dividend ReturnsMarch 4, 2024 | finanznachrichten.deNordic American Tankers Limited - Alexander Hansson buys more NAT sharesMarch 4, 2024 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT sharesMarch 4, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT sharesMarch 3, 2024 | finance.yahoo.comEarnings Miss: Nordic American Tankers Limited Missed EPS By 10% And Analysts Are Revising Their ForecastsFebruary 29, 2024 | benzinga.comRecap: Nordic American Tankers Q4 EarningsFebruary 29, 2024 | msn.comNordic American Tankers doubles dividend to $0.12February 29, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Report as per December 31, 2023 – Dividend is up and solid prospects going forwardFebruary 28, 2024 | benzinga.comThese 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)February 28, 2024 | morningstar.comNordic American Tankers LtdFebruary 26, 2024 | investorplace.comThe 3 Best Dividend Stocks Under $10 to Buy NowFebruary 23, 2024 | ca.finance.yahoo.comPregnant Jenna Dewan Levels Up Maternity Style in Chic Black Bodycon Dress for “Watch What Happens Live”February 22, 2024 | ca.finance.yahoo.comNAT Mar 2024 8.000 callFebruary 22, 2024 | finance.yahoo.comNordic American Tankers' (NYSE:NAT) Returns On Capital Are Heading HigherFebruary 22, 2024 | finance.yahoo.comGoldman Sachs Penny Stocks: Top 12 Stock PicksFebruary 15, 2024 | finance.yahoo.comNordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO outlines the international reach of the NAT operationsSee More Headlines Receive NAT Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Nordic American Tankers and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 1/17 Dividend12/19/2023Dividend Payable1/17/2024Last Earnings3/01/2024Today3/18/2024Ex-Dividend for 4/10 Dividend3/19/2024Dividend Payable4/10/2024Next Earnings (Estimated)5/27/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Water transportation Sub-IndustryOil & Gas Storage & Transportation Current SymbolNYSE:NAT CUSIPG6577310 CIK1000177 Webwww.nat.bm Phone(441) 292-7202Fax441-292-5962Employees18Year FoundedN/APrice Target and Rating Average Stock Price Target$5.33 High Stock Price Target$6.00 Low Stock Price Target$4.50 Potential Upside/Downside+32.2%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio8.59 Forward P/E Ratio7.34 P/E GrowthN/ANet Income$98.71 million Net Margins37.65% Pretax Margin37.65% Return on Equity18.12% Return on Assets11.41% Debt Debt-to-Equity Ratio0.50 Current Ratio1.55 Quick Ratio1.10 Sales & Book Value Annual Sales$262.18 million Price / Sales3.21 Cash Flow$0.71 per share Price / Cash Flow5.65 Book Value$2.58 per share Price / Book1.56Miscellaneous Outstanding Shares208,800,000Free Float202,845,000Market Cap$842.51 million OptionableOptionable Beta-0.10 The 10 Best AI Stocks to Own in 2024Wondering where to start (or end) with AI stocks? These 10 simple stocks can help investors build long-term wealth as artificial intelligence continues to grow into the future.Get This Free Report Key ExecutivesMr. Herbjorn Hansson (Age 76)Founder, Chairman, President & CEO Mr. Bjorn Giaever (Age 57)Executive VP, CFO & Secretary Mr. Jan H. A. Møller (Age 39)Head of Investor Relations and Financial Manager Erik TomstadExecutive Vice President of CharteringKey CompetitorsTeekay TankersNYSE:TNKCoolNYSE:CLCOFLEX LNGNYSE:FLNGInternational SeawaysNYSE:INSWAir Transport Services GroupNASDAQ:ATSGView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 154,104 shares on 3/11/2024Ownership: 0.674%Fisher Asset Management LLCBought 20,489 shares on 3/5/2024Ownership: 0.010%Goldman Sachs Group Inc.Bought 221,478 shares on 3/1/2024Ownership: 3.604%GSA Capital Partners LLPSold 20,037 shares on 2/16/2024Ownership: 0.156%Price T Rowe Associates Inc. MDBought 2,389 shares on 2/16/2024Ownership: 0.024%View All Institutional Transactions NAT Stock Analysis - Frequently Asked Questions Should I buy or sell Nordic American Tankers stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tankers in the last twelve months. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" NAT shares. View NAT analyst ratings or view top-rated stocks. What is Nordic American Tankers' stock price target for 2024? 3 Wall Street analysts have issued 1-year price objectives for Nordic American Tankers' shares. Their NAT share price targets range from $4.50 to $6.00. On average, they anticipate the company's share price to reach $5.33 in the next year. This suggests a possible upside of 32.2% from the stock's current price. View analysts price targets for NAT or view top-rated stocks among Wall Street analysts. How have NAT shares performed in 2024? Nordic American Tankers' stock was trading at $4.20 at the start of the year. Since then, NAT shares have decreased by 3.9% and is now trading at $4.0350. View the best growth stocks for 2024 here. Are investors shorting Nordic American Tankers? Nordic American Tankers saw a increase in short interest in February. As of February 29th, there was short interest totaling 7,370,000 shares, an increase of 21.8% from the February 14th total of 6,050,000 shares. Based on an average daily trading volume, of 3,360,000 shares, the short-interest ratio is currently 2.2 days. View Nordic American Tankers' Short Interest. When is Nordic American Tankers' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 27th 2024. View our NAT earnings forecast. How were Nordic American Tankers' earnings last quarter? Nordic American Tankers Limited (NYSE:NAT) issued its quarterly earnings results on Friday, March, 1st. The shipping company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.14 by $0.06. The shipping company had revenue of $59.25 million for the quarter, compared to analyst estimates of $68.90 million. Nordic American Tankers had a net margin of 37.65% and a trailing twelve-month return on equity of 18.12%. During the same quarter last year, the firm posted $0.17 earnings per share. How often does Nordic American Tankers pay dividends? What is the dividend yield for Nordic American Tankers? Nordic American Tankers declared a quarterly dividend on Thursday, February 29th. Stockholders of record on Wednesday, March 20th will be given a dividend of $0.12 per share on Wednesday, April 10th. This represents a $0.48 annualized dividend and a yield of 11.90%. The ex-dividend date is Tuesday, March 19th. This is an increase from the stock's previous quarterly dividend of $0.06. Read our dividend analysis for NAT. Is Nordic American Tankers a good dividend stock? Nordic American Tankers (NYSE:NAT) pays an annual dividend of $0.24 per share and currently has a dividend yield of 5.91%. NAT has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company does not yet have a strong track record of dividend growth. The dividend payout ratio is 51.06%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, NAT will have a dividend payout ratio of 40.00% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for NAT. What ETF holds Nordic American Tankers' stock? SonicShares Global Shipping ETF holds 40,417 shares of NAT stock, representing 0.91% of its portfolio. What is Ignacio Miras Massaguer's approval rating as Nordic American Tankers' CEO? 3 employees have rated Nordic American Tankers Chief Executive Officer Ignacio Miras Massaguer on Glassdoor.com. Ignacio Miras Massaguer has an approval rating of 68% among the company's employees. What other stocks do shareholders of Nordic American Tankers own? Based on aggregate information from My MarketBeat watchlists, some companies that other Nordic American Tankers investors own include Precigen (PGEN), Energy Transfer (ET), The Gabelli Dividend & Income Trust (GDV), Marinus Pharmaceuticals (MRNS), Realty Income (O), Ford Motor (F), AT&T (T), OPKO Health (OPK), Lumen Technologies (LUMN) and Annaly Capital Management (NLY). Who are Nordic American Tankers' major shareholders? Nordic American Tankers' stock is owned by many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.93%), Goldman Sachs Group Inc. (3.60%), Goldman Sachs Group Inc. (3.60%), Allspring Global Investments Holdings LLC (1.94%), Northern Trust Corp (0.70%) and Vanguard Group Inc. (0.67%). How do I buy shares of Nordic American Tankers? Shares of NAT stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:NAT) was last updated on 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressAltcoin FRENZY Alert…Crypto 101 MediaThe AI Bottleneck No One is Talking AboutThe Bull ReportThe world’s greatest investmentPorter & CompanyMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading Academy Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Nordic American Tankers Limited Please log in to your account or sign up in order to add this asset to your watchlist. 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