NYSE:NAT Nordic American Tankers (NAT) Stock Price, News & Analysis → Executive Order To Wipe Out Your Bank Accounts (From Oasis Gold) (Ad) Free NAT Stock Alerts $4.04 -0.06 (-1.46%) (As of 06/7/2024 08:52 PM ET) Add Compare Share Share Today's Range$4.02▼$4.1150-Day Range$3.76▼$4.3552-Week Range$3.45▼$4.83Volume1.33 million shsAverage Volume2.77 million shsMarket Capitalization$843.55 millionP/E Ratio12.63Dividend Yield11.88%Price Target$5.17 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Nordic American Tankers alerts: Email Address Nordic American Tankers MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside27.9% Upside$5.17 Price TargetShort InterestHealthy2.94% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth17.02%From $0.47 to $0.55 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.4.23 out of 5 starsTransportation Sector31st out of 109 stocksWater Transportation Industry5th out of 15 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 1 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 Shorted2.94% 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 2.3, 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 8.08%, 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 11.88%, 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 150.00%. 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 87.27% 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 2.8 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 0.81 average news sentiment score of Transportation companies.Search Interest33 people have searched for NAT on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days.MarketBeat FollowsOnly 12 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is a decrease of -8% 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 3.1 Earnings and Valuation Earnings GrowthEarnings for Nordic American Tankers are expected to grow by 17.02% in the coming year, from $0.47 to $0.55 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 12.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.31.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 12.63, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 18.06.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.57. 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 Oasis GoldExecutive Order To Wipe Out Your Bank AccountsDon't wait until it's too late. The digital dollar is nearing the end of its trial period, and the window of opportunity to protect your interests is closing fast.Click Here To Get Your FREE Guide Now! 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 HeadlinesJune 1, 2024 | americanbankingnews.comB. Riley Brokers Boost Earnings Estimates for Nordic American Tankers Limited (NYSE:NAT)May 31, 2024 | americanbankingnews.comNordic American Tankers (NYSE:NAT) Shares Gap Down After Analyst DowngradeMay 31, 2024 | americanbankingnews.comStockNews.com Upgrades Nordic American Tankers (NYSE:NAT) to "Hold"May 31, 2024 | americanbankingnews.comNordic American Tankers (NYSE:NAT) Price Target Cut to $5.00May 31, 2024 | americanbankingnews.comNordic American Tankers Limited (NYSE:NAT) to Post FY2024 Earnings of $0.39 Per Share, B. Riley ForecastsMay 30, 2024 | seekingalpha.comNordic American Tankers: Downgrading On Disappointing Q1 And Lack Of GuidanceMay 30, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more sharesMay 29, 2024 | msn.comNordic American Tankers declares $0.12 dividendMay 29, 2024 | markets.businessinsider.comNordic American Tankers Faces Rough Seas: Q1 Revenue Misses Estimates Amid Fleet ExpansionMay 29, 2024 | msn.comNAT Stock Earnings: Nordic American Tankers Misses EPS, Misses Revenue for Q1 2024May 29, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Report as per March 31, 2024 – Dividend is a top priority.May 28, 2024 | markets.businessinsider.comNordic American Tankers earnings: here's what Wall Street expectsMay 25, 2024 | fool.co.ukNYSE:NAT (Nordic American Tankers Limited)May 22, 2024 | finance.yahoo.comInvestors in Nordic American Tankers (NYSE:NAT) have seen solid returns of 174% over the past five yearsMay 14, 2024 | finanznachrichten.deNordic American Tankers Limited - 1Q 2024 Earnings ReportMay 14, 2024 | finance.yahoo.comIs Nordic American Tankers Ltd (NYSE:NAT) the Best High-Dividend Penny Stock to Buy Now?May 14, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – 1Q 2024 Earnings ReportMay 14, 2024 | investorplace.com3 Under-$10 Energy Stocks That Can Double in 2025May 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 ExpectationsApril 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% ReturnsSee 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 Payable4/10/2024Today6/09/2024Ex-Dividend for 7/18 Dividend6/28/2024Dividend Payable7/18/2024Next Earnings (Estimated)8/26/2024Fiscal 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$5.17 High Stock Price Target$6.00 Low Stock Price Target$4.50 Potential Upside/Downside+27.9%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$0.32 Trailing P/E Ratio12.63 Forward P/E Ratio8.60 P/E GrowthN/ANet Income$98.71 million Net Margins28.37% Pretax Margin28.42% Return on Equity12.43% Return on Assets7.71% Debt Debt-to-Equity Ratio0.36 Current Ratio0.77 Quick Ratio0.60 Sales & Book Value Annual Sales$262.18 million Price / Sales3.22 Cash Flow$0.73 per share Price / Cash Flow5.57 Book Value$2.58 per share Price / Book1.57Miscellaneous Outstanding Shares208,800,000Free Float202,845,000Market Cap$843.55 million OptionableOptionable Beta-0.12 Investing Strategies To Help Grow Your Retirement IncomeNeed to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.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 CompetitorsGolar LNGNASDAQ:GLNGGolden Ocean GroupNASDAQ:GOGLTeekay TankersNYSE:TNKSFLNYSE:SFLTeekayNYSE:TKView All CompetitorsInstitutional OwnershipTidal Investments LLCBought 15,053 shares on 5/17/2024Ownership: 0.046%California State Teachers Retirement SystemSold 13,142 shares on 5/16/2024Ownership: 0.010%B. Riley Wealth Advisors Inc.Bought 10,677 shares on 5/16/2024Ownership: 0.005%Price T Rowe Associates Inc. MDBought 8,985 shares on 5/15/2024Ownership: 0.028%Quadrature Capital LtdSold 143,838 shares on 5/15/2024Ownership: 0.007%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 year. 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 analysts have issued 12 month price objectives for Nordic American Tankers' stock. Their NAT share price targets range from $4.50 to $6.00. On average, they expect the company's share price to reach $5.17 in the next year. This suggests a possible upside of 27.9% 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 beginning of 2024. Since then, NAT stock has decreased by 3.8% and is now trading at $4.04. View the best growth stocks for 2024 here. Are investors shorting Nordic American Tankers? Nordic American Tankers saw a drop in short interest during the month of April. As of April 30th, there was short interest totaling 6,680,000 shares, a drop of 20.7% from the April 15th total of 8,420,000 shares. Based on an average daily volume of 2,640,000 shares, the days-to-cover 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, August 26th 2024. View our NAT earnings forecast. How were Nordic American Tankers' earnings last quarter? Nordic American Tankers Limited (NYSE:NAT) posted its quarterly 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 12.43% and a net margin of 28.37%. During the same quarter in the previous year, the company 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 announced a quarterly dividend on Wednesday, May 29th. Stockholders of record on Friday, June 28th will be paid a dividend of $0.12 per share on Thursday, July 18th. This represents a $0.48 dividend on an annualized basis and a yield of 11.88%. The ex-dividend date is Friday, June 28th. 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 11.88%. 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 150.00%. 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 87.27% 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).SonicShares Global Shipping ETF (BOAT). 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 variety of retail and institutional investors. Top institutional shareholders 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 6/10/2024 by MarketBeat.com Staff From Our PartnersWrite this ticker symbol down…A megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredAlert: Your Bank is Dying – Act Now or Lose Everything!Get your free information kit NOW, before it’s too late. 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