NYSE:NAT Nordic American Tankers (NAT) Stock Price, News & Analysis $2.68 -0.20 (-6.94%) (As of 11/29/2024 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$2.63▼$2.9050-Day Range$2.69▼$3.8252-Week Range$2.63▼$4.64Volume6.16 million shsAverage Volume2.50 million shsMarket Capitalization$559.58 millionP/E Ratio9.24Dividend Yield17.91%Price Target$3.75Consensus 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… ***TODAY ONLY*** Nvidia’s Next AI Play (Ad)Thanks to a specific AI Blueprint … A small handful of companies have already soared as much as 562%, 3,247% and even 6,583%. Now, with a massive recent $1 trillion pivot to data centers, six NEW stocks could be next in line to follow this pattern.Today only, the 2025 AI Blueprint has been revealed … Nordic American Tankers Stock Analysis - MarketRank™See Top Rated MarketRank™ Stocks71st Percentile Overall ScoreNAT MarketRank™: Nordic American Tankers scored higher than 71% of companies evaluated by MarketBeat, and ranked 64th out of 128 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation. Analyst's Opinion3.0 / 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 1 research reports in the past 90 days.Read more about Nordic American Tankers' stock forecast and price target. Earnings and Valuation3.1 / 5Proj. Earnings Growth78.57% Earnings GrowthEarnings for Nordic American Tankers are expected to grow by 78.57% in the coming year, from $0.28 to $0.50 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Nordic American Tankers is 9.24, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 108.95.Price to Earnings Ratio vs. SectorThe P/E ratio of Nordic American Tankers is 9.24, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 17.08.Price to Book Value per Share RatioNordic American Tankers has a P/B Ratio of 1.04. 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 Interest2.0 / 5Short Interest LevelBearish Percentage of Shares Shorted4.66% 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 4.2.Change versus previous monthShort interest in Nordic American Tankers has recently increased by 5.41%, 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 17.91%, 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 165.52%. 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 Shorted4.66% 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 4.2.Change versus previous monthShort interest in Nordic American Tankers has recently increased by 5.41%, indicating that investor sentiment is decreasing significantly. News and Social Media1.9 / 5News Sentiment0.43 News SentimentNordic American Tankers has a news sentiment score of 0.43. 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 0.74 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 15 news articles for Nordic American Tankers this week, compared to 3 articles on an average week.Search InterestOnly 18 people have searched for NAT on MarketBeat in the last 30 days. This is a decrease of -36% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Nordic American Tankers to their MarketBeat watchlist in the last 30 days. This is a decrease of -33% 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 (NYSE:NAT) Sees Large Volume Increase - Here's WhyDecember 1 at 2:23 AM | americanbankingnews.comNordic American Tankers reports Q3 EPS 4c, consensus 6c (earlier)November 29 at 12:19 PM | tipranks.comMedia Is Mocking Elon, But Wait Until They See This DemoElon Musk believes his new AI product will be worth an incredible $9 trillion. But the mainstream media is not buying it.December 1, 2024 | Brownstone Research (Ad)Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - HoldNovember 29 at 11:28 AM | seekingalpha.comNordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are goodNovember 29 at 6:29 AM | globenewswire.comNordic American Tankers Ltd Reports Strong Q3 2024 Performance and Continued Dividend CommitmentNovember 29 at 6:03 AM | quiverquant.comNordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are goodNovember 29 at 5:33 AM | globenewswire.comNordic American Tankers (NYSE:NAT) Reaches New 52-Week Low - Time to Sell?November 29 at 3:43 AM | americanbankingnews.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 stock has decreased by 36.2% and is now trading at $2.68. View the best growth stocks for 2024 here. How were Nordic American Tankers' earnings last quarter? Nordic American Tankers Limited (NYSE:NAT) posted its quarterly earnings data on Tuesday, September, 3rd. The shipping company reported $0.10 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.07 by $0.03. The shipping company earned $66.10 million during the quarter, compared to analyst estimates 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? Top institutional investors of Nordic American Tankers include State Street Corp (1.96%), Two Sigma Advisers LP (1.81%), Allspring Global Investments Holdings LLC (1.57%) and Geode Capital Management LLC (1.18%). 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 Dividend9/26/2024Dividend Payable11/26/2024Today11/30/2024Next 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$3.75 High Stock Price Target$4.00 Low Stock Price Target$3.50 Potential Upside/Downside+39.9%Consensus RatingHold Rating Score (0-4)2.00 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$0.29 Trailing P/E Ratio9.24 Forward P/E Ratio9.57 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 / Sales1.54 Cash Flow$0.68 per share Price / Cash Flow3.97 Book Value$2.58 per share Price / Book1.04Miscellaneous Outstanding Shares208,796,000Free Float202,845,000Market Cap$559.57 million OptionableOptionable Beta-0.21 2025 Gold Forecast: A Perfect Storm for DemandUnlock the timeless value of gold with our exclusive 2025 Gold Forecasting Report. 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