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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

$2.58

TTM Dividend Yield

15.50%(+45.81% YoY)

PE Ratio

8.90(-9.28% YoY)

Beta

0.47

Events Calendar

Earnings

Next earnings date:

Feb 28, 2025

Recent quarterly earnings:

Nov 29, 2024

Recent annual earnings:

Feb 29, 2024
Dividend

Next ex-dividend date:

N/A

Recent ex-dividend date:

Dec 17, 2024
Splits

Next split:

N/A

Recent split:

Aug 10, 2017

Analyst ratings

Recent major analysts updates

29 Nov '24 Jefferies
Hold
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

Market Data

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Institutional Ownership

Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more shares in NAT
NAT
globenewswire.com12 December 2024

Thursday, December 12, 2024   Dear Shareholders and Investors,   This is to inform you that I personally and a company owned and guaranteed by me have today bought 100,000 shares in NAT at the price of USD 2.6129 per share.  Following this transaction the Hansson family owns an aggregate of 8,150,000 shares – being the largest private shareholder group in the company.

Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more share in NAT
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more share in NAT
Nordic American Tankers Ltd (NYSE: NAT) – Founder, Chairman & CEO buys more share in NAT
NAT
globenewswire.com04 December 2024

Wednesday, December 4, 2024   Dear Shareholders and Investors, This is to inform you that I personally and a company owned and guaranteed by me have today bought 194,341 shares in NAT at the price of USD 2.7802 per share.  Following this transaction the Hansson family owns an aggregate of 8,000,000 shares – being the largest private shareholder group in the company.

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.com02 December 2024

Monday, December 2, 2024   Dear Shareholders and Investors,   Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 350,000 shares at $2.6471 per share. He is now holding 3,550,000 shares.

Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - Hold
Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - Hold
Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - Hold
NAT
seekingalpha.com29 November 2024

Nordic American Tankers reported weaker-than-expected Q3/2024 results and cut the quarterly dividend by 67% to $0.04 per share. While seasonal weakness impacted the company's average daily time charter equivalent ("TCE") rate, cash generation remained strong. In the press release, management hinted at near-term fleet expansion plans.

Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates
Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates
Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates
NAT
zacks.com29 November 2024

Nordic American Tankers (NAT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.04 per share a year ago.

Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
NAT
globenewswire.com29 November 2024

Friday, November 29, 2024   Dear Shareholders and Investors,   Highlights:  The international profile of NAT is reflected in the fact that during the last five years our ships have loaded & discharged in 68 countries. Ninety day periods offer a short-term snapshot of a company.

Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
Nordic American Tankers Ltd (NYSE: NAT) – Report as per September 30, 2024 – Prospects for our Suezmax tankers are good
NAT
globenewswire.com29 November 2024

Friday, November 29, 2024   Dear Shareholders and Investors,   Highlights:    The international profile of NAT is reflected in the fact that during the last five years our ships have loaded & discharged in 68 countries. Ninety day periods offer a short-term snapshot of a company.

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.

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 $0.04, with an ex-dividend date on 17 December 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 November 2024

When does Nordic American Tankers Limited report earnings?

The next expected earnings date for Nordic American Tankers Limited is 28 February 2025

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