NYSE:NAT Nordic American Tankers (NAT) Stock Price, News & Analysis → Bombshell 2024 election documentary (From Porter & Company) (Ad) Free NAT Stock Alerts $3.92 +0.01 (+0.26%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$3.90▼$3.9650-Day Range$3.86▼$4.4952-Week Range$3.26▼$4.83Volume1.80 million shsAverage Volume3.25 million shsMarket Capitalization$818.50 millionP/E Ratio8.34Dividend Yield12.24%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/Downside36.1% Upside$5.33 Price TargetShort InterestHealthy4.06% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-4.76%From $0.63 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.2.25 out of 5 starsTransportation Sector79th out of 117 stocksWater Transportation Industry12th out of 19 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 36.1% from its current price of $3.92.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 Shorted4.06% 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 2.6, 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 14.93%, indicating that investor sentiment is decreasing significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipNordic American Tankers is a leading dividend payer. It pays a dividend yield of 12.28%, 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 102.13%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Nordic American Tankers will have a dividend payout ratio of 80.00% in the coming year. This indicates that Nordic American Tankers may not be able to sustain their current 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 0.6 News and Social Media Coverage Search InterestOnly 43 people have searched for NAT on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat Follows17 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 31% 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 Institutions44.29% 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 1.3 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tankers are expected to decrease by -4.76% in the coming year, from $0.63 to $0.60 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 8.34, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.11.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 8.34, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.46.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.52. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyBombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.All the facts are here. About Nordic American Tankers Stock (NYSE: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 NAT Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart NAT Stock News HeadlinesMarch 29, 2024 | msn.comNordic American Tankers Stock (NYSE:NAT): This Hidden Gem Yields 12.2%March 18, 2024 | investorplace.com3 Oil & Gas Penny Stocks That Could Gush 100% Gains by 2025March 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 18, 2024 | finance.yahoo.comDoes Nordic American Tankers (NYSE:NAT) Deserve A Spot On Your Watchlist?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 29, 2024 | Porter & Company (Ad)Bombshell 2024 election documentary 2024: America’s Last Election New documentary reveals why this could be America’s Last Election… and how the elites’ plan threatens to reset the entire U.S. economy, along with your 401(k), bank, and stock portfolio.March 14, 2024 | msn.comNavigator Holdings declares $0.05 dividendMarch 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 PicksSee 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 Earnings3/01/2024Ex-Dividend for 4/10 Dividend3/19/2024Today3/29/2024Dividend 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+36.1%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio8.34 Forward P/E Ratio6.22 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 / Sales3.12 Cash Flow$0.72 per share Price / Cash Flow5.44 Book Value$2.58 per share Price / Book1.52Miscellaneous Outstanding Shares208,800,000Free Float202,845,000Market Cap$818.50 million OptionableOptionable Beta-0.10 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsGolar LNGNASDAQ:GLNGTeekay TankersNYSE:TNKGolden Ocean GroupNASDAQ:GOGLCoolNYSE:CLCOInternational SeawaysNYSE:INSWView All CompetitorsInstitutional OwnershipQuadrature Capital LtdSold 179,600 shares on 3/25/2024Ownership: 0.076%Vanguard 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%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 equities research analysts have issued "buy," "hold," and "sell" ratings for Nordic American Tankers in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities 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 brokers have issued twelve-month price objectives for Nordic American Tankers' shares. Their NAT share price targets range from $4.50 to $6.00. On average, they expect the company's stock price to reach $5.33 in the next twelve months. This suggests a possible upside of 36.1% 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 stock has decreased by 6.7% and is now trading at $3.92. View the best growth stocks for 2024 here. Are investors shorting Nordic American Tankers? Nordic American Tankers saw a increase in short interest during the month of 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 trading volume of 3,360,000 shares, the short-interest ratio is presently 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) posted its earnings results on Friday, March, 1st. The shipping company reported $0.08 earnings per share 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 analysts' expectations of $68.90 million. Nordic American Tankers had a trailing twelve-month return on equity of 18.12% and a net margin of 37.65%. During the same period in the previous year, the business earned $0.17 EPS. How often does Nordic American Tankers pay dividends? What is the dividend yield for Nordic American Tankers? Nordic American Tankers announced a quarterly dividend on Thursday, February 29th. Shareholders 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 12.24%. The ex-dividend date is Tuesday, March 19th. This is a positive change 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 $0.48 per share and currently has a dividend yield of 12.28%. 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 102.13%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, NAT will have a dividend payout ratio of 80.00% in the coming year. This indicates that the company may not be able to sustain their current 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 a number of institutional and retail investors. Top institutional investors 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 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeYour Money is Not SafeAmerican AlternativeGrab Your Free Bitcoin Today!Crypto Swap ProfitsMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceTop Project Outperforms BTC in 2023…Crypto 101 MediaThe ONE AI Sock to own now. (It’s not Nvidia.)Weiss Ratings“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryForget Bitcoin. 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