NAT Stock Overview
A tanker company, acquires and charters double-hull tankers in Bermuda and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
My Notes
Capture your thoughts, links and company narrative
Nordic American Tankers Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$2.44 |
| 52 Week High | US$4.65 |
| 52 Week Low | US$2.41 |
| Beta | -0.31 |
| 1 Month Change | -17.85% |
| 3 Month Change | -33.52% |
| 1 Year Change | -46.26% |
| 3 Year Change | 36.31% |
| 5 Year Change | -49.38% |
| Change since IPO | -86.99% |
Recent News & Updates
Recent updates
Nordic American Tankers: Limited Downside Protection To Weaknesses In The Suezmax Market
Dec 10Nordic American Tankers: When Double-Digit Dividend Yields Are Not Enough (Rating Downgrade)
Sep 13Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold
Sep 02Nordic American: No Catalysts To Get Constructive
Aug 11These 4 Measures Indicate That Nordic American Tankers (NYSE:NAT) Is Using Debt Extensively
Jul 29
Some Shareholders Feeling Restless Over Nordic American Tankers Limited's (NYSE:NAT) P/S Ratio
May 30Nordic American Tankers: Bet On A Strong Suezmax Market For Dividend Seekers
Mar 28Unpleasant Surprises Could Be In Store For Nordic American Tankers Limited's (NYSE:NAT) Shares
Feb 24Nordic American Tankers: Suezmax Pure Play For Income-Minded Investors
Feb 08Nordic American Tankers - Prime Beneficiary Of Red Sea Chaos - Buy
Jan 02A Look At The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)
Dec 16Nordic American: Risk And Reward More Balanced; Downgrade To Hold
Dec 04Nordic American Tankers (NYSE:NAT) Has A Pretty Healthy Balance Sheet
Oct 26Nordic American Tankers: Seasonality Likely To Result In Lower Q3 Dividend - Hold
Sep 18Insight Into Nordic American Tankers Q2-2023 Upcoming Earnings
Jul 31Does Nordic American Tankers (NYSE:NAT) Have A Healthy Balance Sheet?
Jul 25The Price Is Right For Nordic American Tankers Limited (NYSE:NAT)
Apr 18There's Been No Shortage Of Growth Recently For Nordic American Tankers' (NYSE:NAT) Returns On Capital
Mar 24Is Nordic American Tankers (NYSE:NAT) A Risky Investment?
Mar 06Nordic American Tankers Q4 2022 Earnings Preview
Feb 24Nordic American Tankers: A Perfect Market To Dispose Of Old Vessels At Massive Gains
Feb 03Rainbows and Unicorns: Nordic American Tankers Limited (NYSE:NAT) Analysts Just Became A Lot More Optimistic
Dec 03Nordic American Tankers (NYSE:NAT) Is Increasing Its Dividend To $0.05
Nov 13Nordic American Tankers boosts dividend by ~67% to $0.05/share
Nov 10Nordic American Tankers goes ex-dividend tomorrow
Sep 13Nordic American Tankers (NYSE:NAT) Is Paying Out A Larger Dividend Than Last Year
Sep 02Here's Why Nordic American Tankers (NYSE:NAT) Can Afford Some Debt
Aug 31Nordic American Tankers GAAP EPS of -$0.02 beats by $0.02, revenue of $34.75M beats by $4.57M
Aug 30Nordic American Tankers: Tanker Markets Heating Up
Jul 20Nordic American Tankers announces delivery of new vessels and long term contracts for two vessels
Jun 29Nordic American Tankers: 'F' Earnings Rating
May 19Shareholder Returns
| NAT | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -7.6% | -5.1% | -2.4% |
| 1Y | -46.3% | 2.6% | 23.3% |
Return vs Industry: NAT underperformed the US Oil and Gas industry which returned 2.6% over the past year.
Return vs Market: NAT underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| NAT volatility | |
|---|---|
| NAT Average Weekly Movement | 4.3% |
| Oil and Gas Industry Average Movement | 5.4% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
Stable Share Price: NAT has not had significant price volatility in the past 3 months compared to the US market.
Volatility Over Time: NAT's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1995 | 17 | Herbjorn Hansson | www.nat.bm |
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.
Nordic American Tankers Limited Fundamentals Summary
| NAT fundamental statistics | |
|---|---|
| Market cap | US$509.46m |
| Earnings (TTM) | US$62.85m |
| Revenue (TTM) | US$367.47m |
8.1x
P/E Ratio1.4x
P/S RatioIs NAT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NAT income statement (TTM) | |
|---|---|
| Revenue | US$367.47m |
| Cost of Revenue | US$193.13m |
| Gross Profit | US$174.34m |
| Other Expenses | US$111.49m |
| Earnings | US$62.85m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 0.30 |
| Gross Margin | 47.44% |
| Net Profit Margin | 17.10% |
| Debt/Equity Ratio | 54.4% |
How did NAT perform over the long term?
See historical performance and comparisonDividends
18.9%
Current Dividend Yield133%
Payout RatioDoes NAT pay a reliable dividends?
See NAT dividend history and benchmarks| Nordic American Tankers dividend dates | |
|---|---|
| Ex Dividend Date | Dec 17 2024 |
| Dividend Pay Date | Jan 16 2025 |
| Days until Ex dividend | 5 days |
| Days until Dividend pay date | 25 days |
Does NAT pay a reliable dividends?
See NAT dividend history and benchmarksCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:14 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Nordic American Tankers Limited is covered by 27 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anders Rosenlund | ABG Sundal Collier |
| Glenn Lodden | ABN AMRO Bank N.V. |
| Liam Burke | B. Riley Securities, Inc. |