NYSE:NAT Nordic American Tankers (NAT) Stock Price, News & Analysis $3.57 +0.03 (+0.85%) (As of 10/17/2024 ET) Add Compare Share Share Stock Analysis Stock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends About Nordic American Tankers Stock (NYSE:NAT) 30 days 90 days 365 days Advanced Chart View Price History Chart DataSkip Price History Chart Get NAT alerts:Sign Up Key Stats Today's Range$3.53▼$3.5950-Day Range$3.50▼$3.8252-Week Range$3.31▼$4.83Volume2.53 million shsAverage Volume2.50 million shsMarket Capitalization$745.40 millionP/E Ratio12.31Dividend Yield13.45%Price Target$4.00Consensus RatingHold Company OverviewNordic 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… Don’t Buy Another Stock Until Reading This… (Ad)Buying stocks in today's market is a gamble… Unless you're using the right proven strategy! During my upcoming FREE intro to investing online event, my team will be revealing the strategies I've developed over the past 37 years on Wall Street…Click here to claim your seat at my Intro to Investing class now! Nordic American Tankers Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks62nd Percentile Overall ScoreNAT MarketRank™: Nordic American Tankers scored higher than 62% of companies evaluated by MarketBeat, and ranked 80th out of 124 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion2.0 / 5Analyst RatingHold Consensus RatingNordic American Tankers has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, 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. Earnings and Valuation3.1 / 5Proj. Earnings Growth31.58% Earnings GrowthEarnings for Nordic American Tankers are expected to grow by 31.58% in the coming year, from $0.38 to $0.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 12.31, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.86.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 12.31, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.18.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.38. 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. Short Interest3.0 / 5Short Interest LevelHealthy Percentage of Shares Shorted3.76% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nordic American Tankers has recently increased by 9.02%, indicating that investor sentiment is decreasing significantly. Dividend1.7 / 5Dividend StrengthWeak Dividend LeadershipNordic American Tankers is a leading dividend payer. It pays a dividend yield of 13.11%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthNordic American Tankers does not have a long track record of dividend growth.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 96.00% 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. Sustainability and ESGN/AEnvironmental ScoreN/A Percentage of Shares Shorted3.76% 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 3.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Nordic American Tankers has recently increased by 9.02%, indicating that investor sentiment is decreasing significantly. News and Social Media2.0 / 5News Sentiment0.58 News SentimentNordic American Tankers has a news sentiment score of 0.58. 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 news sentiment score is similar to the average news sentiment of Transportation companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Nordic American Tankers this week, compared to 3 articles on an average week.Search Interest31 people have searched for NAT on MarketBeat in the last 30 days. This is an increase of 3% compared to the previous 30 days.MarketBeat FollowsOnly 6 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Company Ownership0.8 / 5Insider TradingN/A 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. 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 NAT Stock News HeadlinesNordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more sharesOctober 17 at 9:36 AM | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Long term contract with a major energy companyOctober 15 at 6:36 AM | globenewswire.comCrypto’s next big bull run?Juan Villaverde may be America’s top crypto expert. And he says something big is coming for crypto – on November 5. Just a day after the American election, Juan believes crypto could start a massive run up …October 18, 2024 | Weiss Ratings (Ad)Nordic American Tankers (NYSE:NAT) Stock, Short Interest ReportOctober 5, 2024 | benzinga.comDo Options Traders Know Something About Nordic American Tankers (NAT) Stock We Don't?October 3, 2024 | finance.yahoo.comNordic American Tankers Limited - 2024 Annual General Meeting of Shareholders (AGM)September 23, 2024 | finanznachrichten.deNordic American Tankers Ltd (NYSE: NAT) – 2024 Annual General Meeting of Shareholders (AGM)September 23, 2024 | globenewswire.comJefferies Downgrades Nordic American Tankers (NAT)September 13, 2024 | msn.comSee More Headlines NAT Stock Analysis - Frequently Asked Questions How have NAT shares performed this year? Nordic American Tankers' stock was trading at $4.20 at the start of the year. Since then, NAT shares have decreased by 15.0% and is now trading at $3.57. View the best growth stocks for 2024 here. How were Nordic American Tankers' earnings last quarter? Nordic American Tankers Limited (NYSE:NAT) announced its quarterly earnings results on Tuesday, September, 3rd. The shipping company reported $0.10 EPS for the quarter, beating the consensus estimate of $0.07 by $0.03. The shipping company earned $66.10 million during the quarter, compared to analysts' expectations of $54.34 million. Nordic American Tankers had a net margin of 26.35% and a trailing twelve-month return on equity of 11.60%. Who are Nordic American Tankers' major shareholders? Nordic American Tankers' top institutional investors include SeaCrest Wealth Management LLC (0.24%), SG Americas Securities LLC (0.03%), Creative Planning (0.02%) and Simplicity Wealth LLC (0.01%). 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. What other stocks do shareholders of Nordic American Tankers own? Based on aggregate information from My MarketBeat watchlists, some other companies that Nordic American Tankers investors own include Scilex (SCLX), Rigetti Computing (RGTI), Pfizer (PFE), Energy Transfer (ET), Meta Platforms (META), NVIDIA (NVDA) and Precigen (PGEN). Company Calendar Last Earnings9/03/2024Ex-Dividend for 11/26 Dividend9/26/2024Today10/17/2024Dividend Payable11/26/2024Next Earnings (Estimated)12/04/2024Fiscal 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) 292-7202Fax441-292-5962Employees17Year FoundedN/APrice Target and Rating Average Stock Price Target$4.00 High Stock Price Target$4.00 Low Stock Price Target$4.00 Potential Upside/Downside+12.0%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.32 Trailing P/E Ratio12.31 Forward P/E Ratio9.39 P/E GrowthN/ANet Income$98.71 million Net Margins26.35% Pretax Margin26.40% Return on Equity11.60% Return on Assets7.15% Debt Debt-to-Equity Ratio0.36 Current Ratio0.79 Quick Ratio0.63 Sales & Book Value Annual Sales$364.25 million Price / Sales2.05 Cash Flow$0.71 per share Price / Cash Flow5.03 Book Value$2.58 per share Price / Book1.38Miscellaneous Outstanding Shares208,796,000Free Float202,845,000Market Cap$745.40 million OptionableOptionable Beta-0.20 A Beginner's Guide to Investing in CannabisUnlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. 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