NYSE:NAT Nordic American Tankers (NAT) Stock Price, News & Analysis → Gold Set to EXPLODE! (From Gold Safe Exchange) (Ad) Free NAT Stock Alerts $4.14 -0.01 (-0.24%) (As of 05/10/2024 ET) Add Compare Share Share Today's Range$4.13▼$4.2050-Day Range$3.76▼$4.1652-Week Range$3.44▼$4.83Volume2.40 million shsAverage Volume2.24 million shsMarket Capitalization$865.48 millionP/E Ratio8.82Dividend Yield11.58%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/Downside28.7% Upside$5.33 Price TargetShort InterestHealthy3.20% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment1.00Based on 2 Articles This WeekInsider TradingN/AProj. Earnings GrowthN/ASee 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.3.45 out of 5 starsTransportation Sector50th out of 119 stocksWater Transportation Industry7th out of 18 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.Amount of Analyst CoverageNordic American Tankers has only been the subject of 2 research reports in the past 90 days.Read more about Nordic American Tankers' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted3.20% 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 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nordic American Tankers has recently decreased by 20.67%, indicating that investor sentiment is improving significantly. Previous Next 1.7 Dividend Strength Dividend LeadershipNordic American Tankers is a leading dividend payer. It pays a dividend yield of 12.00%, 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.Read more about Nordic American Tankers' 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 2.2 News and Social Media Coverage News SentimentNordic American Tankers has a news sentiment score of 1.00. 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 higher news sentiment than the 0.47 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Nordic American Tankers this week, compared to 2 articles on an average week.Search InterestOnly 22 people have searched for NAT on MarketBeat in the last 30 days. This is a decrease of -49% compared to the previous 30 days.MarketBeat FollowsOnly 14 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% 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.Read more about Nordic American Tankers' insider trading history. Previous Next 1.3 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tankers are expected to remain at $0.60 per share in the coming year.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 8.82, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.04.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 8.82, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.82.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.61. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Nordic American Tankers' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Gold Safe ExchangeTrump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.Protect your retirement savings from the inevitable devaluation of the dollar… 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 20 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 HeadlinesMay 8, 2024 | investorplace.comMillionaire Blueprint: 3 Stocks Under $5 With Massive Growth Potential by 2028May 2, 2024 | finance.yahoo.comNordic American Tankers Full Year 2023 Earnings: Misses ExpectationsMay 11, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.April 28, 2024 | investorplace.com7 Penny Stocks to Buy on the Dip: April 2024April 24, 2024 | insidermonkey.com5 Extreme Dividend Stocks to Buy NowApril 21, 2024 | msn.com£20k in an ISA? Here’s how I’d aim to generate a ton of passive incomeApril 17, 2024 | finance.yahoo.comNordic American Tankers Limited (NAT)April 17, 2024 | investorplace.com3 Undervalued Penny Dividend Stocks to Buy for 100% ReturnsMay 11, 2024 | Gold Safe Exchange (Ad)Trump’s “Tax Free” Retirement Strategy Since 1924 — over one hundred years — the US dollar has lost nearly 18x its value. In other words, a dollar back then would buy $17.82 worth of goods in today's money. If you're planning on retiring any time soon…This poses a real problem.April 15, 2024 | investorplace.com3 Oil & Gas Penny Stocks That Can Double in 3 QuartersApril 12, 2024 | uk.finance.yahoo.comThis lesser-known stock has a stunning 12.3% dividend yield!April 4, 2024 | msn.comUS Issues Fresh Iran-Related Sanctions Targeting Vessel OwnerApril 4, 2024 | stockhouse.comNordic American Tankers Ltd (NYSE: NAT) - Alexander Hansson buys more NAT sharesApril 4, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Alexander Hansson buys more NAT sharesApril 3, 2024 | msn.com£20,000 in savings? Here’s how I’d aim for lifelong passive incomeMarch 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 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 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 sharesSee 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 Last Earnings3/01/2024Ex-Dividend for 4/10 Dividend3/19/2024Dividend Payable4/10/2024Today5/10/2024Next 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+28.7%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.47 Trailing P/E Ratio8.82 Forward P/E Ratio6.91 P/E GrowthN/ANet Income$98.71 million Net Margins37.65% Pretax Margin25.23% 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$391.69 million Price / Sales2.21 Cash Flow$0.76 per share Price / Cash Flow5.47 Book Value$2.58 per share Price / Book1.61Miscellaneous Outstanding Shares208,796,000Free Float202,845,000Market Cap$865.46 million OptionableOptionable Beta-0.09 Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.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 Halvard Aas Møller (Age 39)Head of Investor Relations and Financial Manager Erik TomstadExecutive Vice President of CharteringKey CompetitorsTeekay TankersNYSE:TNKGolar LNGNASDAQ:GLNGGolden Ocean GroupNASDAQ:GOGLCoolNYSE:CLCOInternational SeawaysNYSE:INSWView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 275,707 shares on 5/10/2024Ownership: 0.806%Prevail Innovative Wealth Advisors LLCBought 623,153 shares on 5/10/2024Ownership: 0.298%State Board of Administration of Florida Retirement SystemSold 6,852 shares on 5/9/2024Ownership: 0.028%Russell Investments Group Ltd.Bought 618,690 shares on 5/8/2024Ownership: 0.297%ProShare Advisors LLCBought 2,904 shares on 5/8/2024Ownership: 0.018%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 twelve months. 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 brokerages have issued 1-year price objectives for Nordic American Tankers' stock. Their NAT share price targets range from $4.50 to $6.00. On average, they predict the company's share price to reach $5.33 in the next year. This suggests a possible upside of 28.7% 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 on January 1st, 2024. Since then, NAT stock has decreased by 1.3% and is now trading at $4.1450. View the best growth stocks for 2024 here. Are investors shorting Nordic American Tankers? Nordic American Tankers saw a decline in short interest in April. As of April 30th, there was short interest totaling 6,680,000 shares, a decline of 20.7% from the April 15th total of 8,420,000 shares. Based on an average trading volume of 2,640,000 shares, the short-interest ratio is currently 2.5 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) announced its earnings results on Friday, March, 1st. The shipping company reported $0.08 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.14 by $0.06. The shipping company earned $59.25 million during the quarter, compared to analyst estimates 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 quarter in the prior year, the business posted $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. Stockholders of record on Wednesday, March 20th will be paid a dividend of $0.12 per share on Wednesday, April 10th. This represents a $0.48 dividend on an annualized basis and a yield of 11.58%. The ex-dividend date of this dividend is Tuesday, March 19th. This is a boost 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 12.00%. 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 ETFs hold Nordic American Tankers' stock? ETFs with the largest weight of Nordic American Tankers (NYSE:NAT) stock in their portfolio include Invesco Oil & Gas Services ETF (PXJ) and SonicShares Global Shipping ETF (BOAT).Arch Indices VOI Absolute Income ETF (VWI). 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 investors include Allspring Global Investments Holdings LLC (1.93%), Allspring Global Investments Holdings LLC (1.93%), Vanguard Group Inc. (0.81%), Greylin Investment Management Inc (0.51%), Significant Wealth Partners LLC (0.38%) and Prevail Innovative Wealth Advisors LLC (0.30%). 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 5/11/2024 by MarketBeat.com Staff From Our PartnersA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsThe Crypto 9-5 Escape PlanCrypto 101 MediaDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsThe 2024 Gold Rush: Unleashing Market PotentialPriority GoldThe A.I. story nobody is telling you (Read ASAP)TradeSmithTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeGlobal crypto currency reset (41 major banks signed up)Stansberry ResearchCollapse of the Petrodollar Colonial Metals 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. 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