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Nordic American Tankers Limited (NAT) Stock

Profile

Sector:

Energy

Country:

Bermuda

IPO:

30 September 1997

Indexes:

Not included

Description:

Nordic American Tankers Limited is an international tanker company that specializes in owning and operating Suezmax oil tankers. The company was founded by Herbjørn Hansson on June 12, 1995, and its headquarters are located in Hamilton, Bermuda.

Key Details

Price

$2.96

TTM Dividend Yield

14.19%(+30.90% YoY)

Annual Revenue

$391.69 M(+15.43% YoY)

Annual EPS

$0.47(+571.43% YoY)

PE Ratio

10.21(+29.08% YoY)

Beta

0.49

Events Calendar

Earnings

Next earnings date:

Nov 29, 2024

Recent quarterly earnings:

Aug 29, 2024

Recent annual earnings:

Feb 29, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Sept 26, 2024
Splits

Next split:

N/A

Recent split:

Aug 10, 2017

Analyst ratings

Recent major analysts updates

14 Nov '24 Jefferies
Hold
12 Sept '24 Jefferies
Hold
30 Aug '24 Evercore ISI Group
In-Line
29 Aug '24 Jefferies
Buy
29 May '24 Jefferies
Buy
29 Feb '24 Jefferies
Buy
29 Feb '24 Evercore ISI Group
In-Line
29 Aug '23 B. Riley Securities
Buy
22 May '23 Jefferies
Buy
28 Feb '23 B. Riley Securities
Buy

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Institutional Ownership

Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NAT
Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NAT
Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NAT
NAT
globenewswire.com04 November 2024

Repeat   Monday, November 4, 2024   Dear Shareholders and Investors, We would note that we don't expect there will be a noticeable immediate impact on Nordic American Tankers irrespective of who is the winner in the upcoming presidential election.   Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.

Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NAT
Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NAT
Nordic American Tankers Ltd (NYSE: NAT) – Result from US presidential election has no impact on NAT
NAT
globenewswire.com04 November 2024

Monday, November 4, 2024   Dear Shareholders and Investors, We would note that we don't expect there will be a noticeable immediate impact on Nordic American Tankers irrespective of who is the winner/looser in the upcoming presidential election. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.

Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
NAT
globenewswire.com22 October 2024

Tuesday, October 22, 2024   Dear Shareholders and Investors,   Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, has today bought 50,000 shares in NAT at $3.4851 per share. Following these transactions, Monaco based Alexander Hansson privately owns 3,200,000 shares in NAT.

Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
NAT
globenewswire.com17 October 2024

Thursday, October 17, 2024   Dear Shareholders and Investors,   Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, has today bought 50,000 shares in NAT at $3.59 per share. Following these transactions, Monaco based Alexander Hansson privately owns 3,150,000 shares in NAT.

Nordic American Tankers Ltd (NYSE: NAT) – Shareholder/Investor conference Thursday September 12, 2024
Nordic American Tankers Ltd (NYSE: NAT) – Shareholder/Investor conference Thursday September 12, 2024
Nordic American Tankers Ltd (NYSE: NAT) – Shareholder/Investor conference Thursday September 12, 2024
NAT
globenewswire.com11 September 2024

Wednesday, September 11, 2024   Dear Shareholders and Investors, On September 2nd, 2024, we advised Shareholders and Investors that a Conference call would take place Thursday, September 12th. Conference Call timing: Date: Thursday September 12, 2024 Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Webcast URL: To join via webcast click on the link below and follow the instructions: https://edge.media-server.com/mmc/p/ntj8raco Dial-In numbers: Dial in to the Conference using one of the numbers below, closest to your location.

Nordic American Tankers: A 12.9% Dividend Yield And Strong Fundamentals
Nordic American Tankers: A 12.9% Dividend Yield And Strong Fundamentals
Nordic American Tankers: A 12.9% Dividend Yield And Strong Fundamentals
NAT
seekingalpha.com03 September 2024

Initiating coverage on Nordic American Tankers with a “Buy” rating, expecting 15-20% total returns over the next 12 to 15 months. NAT's strong financial flexibility and healthy credit metrics support its robust 12.9% dividend yield, making it an attractive investment despite recent stock declines. The company's high day rates and low operating costs ensure steady earnings, with industry trends indicating sustained demand and limited supply growth through 2026.

Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold
Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold
Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold
NAT
seekingalpha.com02 September 2024

Suezmax tanker pure play Nordic American Tankers Limited reported Q2/2024 results ahead of consensus expectations and declared an unchanged quarterly cash dividend of $0.12 per common share. While results came in ahead of expectations, NAT's average daily time charter equivalent ("TCE") rate underperformed peers by a wide margin again. With charter rates under pressure in recent weeks, investors might have to prepare for a sequential dividend cut.

Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference September 12, 2024
Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference September 12, 2024
Nordic American Tankers Ltd (NYSE: NAT) – Investor Conference September 12, 2024
NAT
globenewswire.com02 September 2024

Monday, September 2, 2024 Dear Shareholders and Investors, Thursday September 12, 2024, we will host an Investor Conference Call with the main objective of providing an update on Nordic American Tankers Ltd, including prospects going forward. Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Dial-in details to be provided later.

Nordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2024 – A dividend company with good prospects
Nordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2024 – A dividend company with good prospects
Nordic American Tankers Ltd (NYSE: NAT) – Report as per June 30, 2024 – A dividend company with good prospects
NAT
globenewswire.com29 August 2024

Thursday, August 29, 2024   Dear Shareholders and Investors, Highlights:    Ninety day periods offer a short-term snapshot of a company. However, it is more important to view the long-term picture.

3 Under-$10 Dividend Stocks With Buy Ratings That Wall Street Loves
3 Under-$10 Dividend Stocks With Buy Ratings That Wall Street Loves
3 Under-$10 Dividend Stocks With Buy Ratings That Wall Street Loves
NAT
investorplace.com14 August 2024

I've always been enthusiastic about the power of dividend stocks to generate wealth over time. You might be surprised to learn that some of the most promising opportunities come with price tags under $10 per share.

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FAQ

  • What is the primary business of Nordic American Tankers Limited?
  • What is the ticker symbol for Nordic American Tankers Limited?
  • Does Nordic American Tankers Limited pay dividends?
  • What sector is Nordic American Tankers Limited in?
  • What industry is Nordic American Tankers Limited in?
  • What country is Nordic American Tankers Limited based in?
  • When did Nordic American Tankers Limited go public?
  • Is Nordic American Tankers Limited in the S&P 500?
  • Is Nordic American Tankers Limited in the NASDAQ 100?
  • Is Nordic American Tankers Limited in the Dow Jones?
  • When was Nordic American Tankers Limited's last earnings report?
  • When does Nordic American Tankers Limited report earnings?
  • Should I buy Nordic American Tankers Limited stock now?

What is the primary business of Nordic American Tankers Limited?

Nordic American Tankers Limited is an international tanker company that specializes in owning and operating Suezmax oil tankers. The company was founded by Herbjørn Hansson on June 12, 1995, and its headquarters are located in Hamilton, Bermuda.

What is the ticker symbol for Nordic American Tankers Limited?

The ticker symbol for Nordic American Tankers Limited is NYSE:NAT

Does Nordic American Tankers Limited pay dividends?

Yes, Nordic American Tankers Limited pays dividends. The last payment was $0.12, with an ex-dividend date on 26 September 2024

What sector is Nordic American Tankers Limited in?

Nordic American Tankers Limited is in the Energy sector

What industry is Nordic American Tankers Limited in?

Nordic American Tankers Limited is in the Oil & Gas Midstream industry

What country is Nordic American Tankers Limited based in?

Nordic American Tankers Limited is headquartered in Bermuda

When did Nordic American Tankers Limited go public?

Nordic American Tankers Limited's initial public offering (IPO) was on 30 September 1997

Is Nordic American Tankers Limited in the S&P 500?

No, Nordic American Tankers Limited is not included in the S&P 500 index

Is Nordic American Tankers Limited in the NASDAQ 100?

No, Nordic American Tankers Limited is not included in the NASDAQ 100 index

Is Nordic American Tankers Limited in the Dow Jones?

No, Nordic American Tankers Limited is not included in the Dow Jones index

When was Nordic American Tankers Limited's last earnings report?

Nordic American Tankers Limited's most recent earnings report was on 29 August 2024

When does Nordic American Tankers Limited report earnings?

The next expected earnings date for Nordic American Tankers Limited is 29 November 2024

Should I buy Nordic American Tankers Limited stock now?

As of today, analysts generally recommend a 'Buy' rating. However, it's important to do your own research and consider your financial situation before making any investment decisions