Nordic American Tankers/NAT

$3.83

-0.52%
-
1D1W1MYTD1YMAX

About Nordic American Tankers

Nordic American Tankers Limited is an international tanker company focusing solely on owning, operating and chartering of Suezmax tankers. The Company has a fleet of approximately 19 Suezmax crude oil tankers. Its Suezmax vessels has a carrying capacity of one million barrels of oil. The Company's tankers operating in the spot market are chartered for a single voyage. The vessels in the Company's fleet are homogenous and interchangeable as they have approximately the same freight capacity and ability to transport the same type of cargo. Its vessels include Nordic Pollux, Nordic Apollo, Nordic Luna, Nordic Castor, Nordic Freedom, Nordic Sprinter, Nordic Skier, Nordic Vega, Nordic Light, Nordic Cross, Nordic Breeze, Nordic Zenith, Nordic Star, Nordic Space, Nordic Aquarius, Nordic Cygnus, Nordic Tellus, Nordic Hunter and Nordic Harrier.

Ticker

NAT

Sector

Energy

Trading on

NYSE

Industry

Water Transportation

CEO

Herbjorn Hansson

Employees

18

Headquarters

Hamilton, Bermuda
Website
www.nat.bm

NAT Metrics

BasicAdvanced
$799.69M
Market cap
8.10
P/E ratio
$0.47
EPS
-0.09
Beta
$0.49
Dividend rate
12.01%
Dividend yield
$799.69M
-0.08585
$4.83
$3.26
2.9M
$0.49
1.545
1.103
50.101
56.027
103.65%
4.28%
11.22%
18.31%
12.22%
8.101
3.05
1.486
1.486
7.19%
12.79%
12.01%
-22.74%
589.36%
-9.58%
12.15%
2.88%

What the Analysts think about NAT

Analyst Ratings

Majority rating from 6 analysts.
Buy

Price Targets

Average projection from 6 analysts.
61.88% upside
High $11.00
Low $4.50
$3.83
Current price
$6.20
Average price target

NAT Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
29.56% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$59.2M
23.33%
Net income
$17.5M
136.49%
Profit margin
29.56%
91.82%

NAT Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 38.34%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$0.22
$0.13
$0.04
$0.08
-
Expected
$0.20
$0.13
$0.05
$0.13
$0.11
Surprise
8.51%
-1.89%
-13.98%
-38.34%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Nordic American Tankers stock?

Nordic American Tankers (NAT) has a market cap of $799.69M as of April 18, 2024.

What is the P/E ratio for Nordic American Tankers stock?

The price to earnings (P/E) ratio for Nordic American Tankers (NAT) stock is 8.1 as of April 18, 2024.

Does Nordic American Tankers stock pay dividends?

Yes, the Nordic American Tankers (NAT) stock pays dividends to shareholders. As of April 18, 2024, the dividend rate is $0.49 and the yield is 12.01%. Nordic American Tankers has a payout ratio of 103.65% on a trailing twelve-month basis.

When is the next Nordic American Tankers dividend payment date?

The next Nordic American Tankers (NAT) dividend payment date is unconfirmed.

What is the beta indicator for Nordic American Tankers?

Nordic American Tankers (NAT) has a beta rating of -0.09. This means that it has an inverse relation to market volatility.

What is the Nordic American Tankers stock price target?

The target price for Nordic American Tankers (NAT) stock is $6.2, which is 63.59% above the current price of $3.79. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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