NYSE:NAT Nordic American Tankers (NAT) Stock Price, News & Analysis $3.60 -0.04 (-1.10%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$3.58▼$3.6550-Day Range$3.47▼$3.9952-Week Range$3.31▼$4.83Volume1.71 million shsAverage Volume2.55 million shsMarket Capitalization$751.67 millionP/E Ratio11.25Dividend Yield13.33%Price Target$4.00 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 Buy2.50 Rating ScoreUpside/Downside11.1% Upside$4.00 Price TargetShort InterestHealthy3.12% of Shares Sold ShortDividend StrengthWeakBased on Four FactorsSustainabilityN/ANews Sentiment0.31Based on 11 Articles This WeekInsider TradingN/AProj. Earnings Growth21.95%From $0.41 to $0.50 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.3.62 out of 5 starsTransportation Sector49th out of 120 stocksWater Transportation Industry11th out of 19 stocks 2.3 Analyst's Opinion Consensus RatingNordic American Tankers has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 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 Shorted3.12% 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 2.9, 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 11.05%, 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 13.26%, 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. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for NAT. Previous Next 3.0 News and Social Media Coverage News SentimentNordic American Tankers has a news sentiment score of 0.31. 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 0.52 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 11 news articles for Nordic American Tankers this week, compared to 3 articles on an average week.Search Interest37 people have searched for NAT on MarketBeat in the last 30 days. This is an increase of 16% compared to the previous 30 days.MarketBeat Follows12 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is an increase of 71% 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 21.95% in the coming year, from $0.41 to $0.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 11.25, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 11.25, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 20.49.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.40. 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 Behind the Markets⭕ [URGENT] Buy Alert just triggeredMy absolute favorite stock just hit a critical "buy now" trigger price.Click here for the ticker >>> 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 HeadlinesSeptember 3, 2024 | seekingalpha.comNordic American Tankers: A 12.9% Dividend Yield And Strong FundamentalsSeptember 3, 2024 | seekingalpha.comNordic American Tankers Q2: Good Quarter But Little Reason For Excitement, HoldSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... September 3, 2024 | americanbankingnews.comNordic American Tankers Limited (NYSE:NAT) to Post FY2024 Earnings of $0.40 Per Share, B. Riley ForecastsSeptember 2, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Investor Conference September 12, 2024August 31, 2024 | americanbankingnews.comNordic American Tankers (NYSE:NAT) Price Target Cut to $4.00August 31, 2024 | americanbankingnews.comJefferies Financial Group Lowers Nordic American Tankers (NYSE:NAT) Price Target to $4.00August 31, 2024 | americanbankingnews.comB. Riley Analysts Lower Earnings Estimates for Nordic American Tankers Limited (NYSE:NAT)September 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 30, 2024 | markets.businessinsider.comEvercore ISI Remains a Hold on Nordic American Tanker (NAT)August 30, 2024 | americanbankingnews.comNordic American Tankers Limited (NYSE:NAT) Plans Quarterly Dividend of $0.12August 29, 2024 | globenewswire.comNordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2024 – A dividend company with good prospectsAugust 28, 2024 | msn.comNordic American Tankers Q2 2024 Earnings PreviewAugust 28, 2024 | msn.comIs Nordic American Tankers Limited (NAT) The Best Dividend Stock Under $5?August 28, 2024 | americanbankingnews.comNordic American Tankers (NAT) Scheduled to Post Quarterly Earnings on ThursdayAugust 14, 2024 | insidermonkey.com10 Best Dividend Stocks with Over 9% Yield According to AnalystsAugust 14, 2024 | msn.comAnalyzing Nordic American Tankers Limited (NAT): A Top Contender Among High-Yield Dividend StocksAugust 14, 2024 | investorplace.com3 Under-$10 Dividend Stocks With Buy Ratings That Wall Street LovesSee 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 7/18 Dividend6/28/2024Dividend Payable7/18/2024Last Earnings9/03/2024Today9/07/2024Next 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) 292-7202Fax441-292-5962Employees18Year 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+11.1%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.32 Trailing P/E Ratio11.25 Forward P/E Ratio8.78 P/E GrowthN/ANet Income$98.71 million Net Margins26.35% Pretax Margin28.42% Return on Equity11.56% Return on Assets7.15% Debt Debt-to-Equity Ratio0.36 Current Ratio0.77 Quick Ratio0.60 Sales & Book Value Annual Sales$365.17 million Price / Sales2.06 Cash Flow$0.70 per share Price / Cash Flow5.13 Book Value$2.58 per share Price / Book1.40Miscellaneous Outstanding Shares208,796,000Free Float202,845,000Market Cap$751.67 million OptionableOptionable Beta-0.19 A Guide To High-Short-Interest StocksMarketBeat's analysts have just released their top five short plays for September 2024. Learn which stocks have the most short interest and how to trade them. 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 Halvard Aas Møller (Age 39)Head of Investor Relations and Financial Manager Erik TomstadExecutive Vice President of CharteringKey CompetitorsGolden Ocean GroupNASDAQ:GOGLTeekay TankersNYSE:TNKSFLNYSE:SFLTeekayNYSE:TKWilliams CompaniesNYSE:WMBView All CompetitorsInstitutional OwnershipCetera Investment AdvisersBought 89,450 shares on 8/22/2024Ownership: 0.131%Truist Financial CorpBought 93,690 shares on 8/21/2024Ownership: 0.045%B. Riley Wealth Advisors Inc.Bought 5,347 shares on 8/19/2024Ownership: 0.008%Magnolia Capital Advisors LLCBought 44,135 shares on 8/16/2024Ownership: 0.021%The Manufacturers Life Insurance Company Sold 122,856 shares on 8/15/2024Ownership: 0.035%View All Institutional Transactions NAT Stock Analysis - Frequently Asked Questions How have NAT shares performed this year? Nordic American Tankers' stock was trading at $4.20 on January 1st, 2024. Since then, NAT shares have decreased by 14.3% and is now trading at $3.60. 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 analysts' consensus estimates of $0.07 by $0.03. The shipping company had revenue of $66.10 million for the quarter, compared to analyst estimates of $54.34 million. Nordic American Tankers had a trailing twelve-month return on equity of 11.56% and a net margin of 26.35%. 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. Who are Nordic American Tankers' major shareholders? Nordic American Tankers' top institutional shareholders include Dimensional Fund Advisors LP (5.56%), Allspring Global Investments Holdings LLC (1.84%), American Century Companies Inc. (1.68%) and Millennium Management LLC (0.62%). 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 Precigen (PGEN), Energy Transfer (ET), The Gabelli Dividend & Income Trust (GDV), Marinus Pharmaceuticals (MRNS), Realty Income (O), Ford Motor (F) and AT&T (T). This page (NYSE:NAT) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersPerfect Crypto Buying Opportunity for 50 CentsWhen cryptos take a hit, the mom and pop investors run for the hills. But the top investors keep buying wit...Crypto 101 Media | SponsoredThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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