Nordic American Tankers (LSE:0UC0) - Stock Price, News & Analysis

0UC0 Stock Overview

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally.

About the company

0UC0 fundamental analysis
Snowflake Score
Valuation	3/6
Future Growth	1/6
Past Performance	5/6
Financial Health	4/6
Dividends	2/6

Rewards

Price-To-Earnings ratio (8.8x) is below the UK market (16.8x)

Earnings are forecast to grow 12.4% per year

Earnings grew by 553.7% over the past year

Analysts in good agreement that stock price will rise by 30.1%

Risk Analysis

Dividend of 11.08% is not well covered by earnings or cash flows

Has a high level of debt

Nordic American Tankers Limited Competitors

NWF Group

AIM:NWF

UK£107.8m

Diversified Energy

LSE:DEC

UK£528.0m

Seplat Energy

LSE:SEPL

UK£923.9m

Serica Energy

AIM:SQZ

UK£717.4m

Price History & Performance

Summary of all time highs, changes and price drops for Nordic American Tankers
Historical stock prices
Current Share Price	US$4.09
52 Week High	US$4.82
52 Week Low	US$3.44
Beta	-0.091
1 Month Change	4.87%
3 Month Change	-1.92%
1 Year Change	12.98%
3 Year Change	23.19%
5 Year Change	52.61%
Change since IPO	63.60%

Recent updates

Shareholder Returns

	0UC0	GB Oil and Gas	GB Market
7D	3.4%	0.3%	2.3%
1Y	13.0%	14.9%	5.6%

Return vs Industry: 0UC0 underperformed the UK Oil and Gas industry which returned 14.9% over the past year.

Return vs Market: 0UC0 exceeded the UK Market which returned 5.6% over the past year.

Price Volatility

Is 0UC0's price volatile compared to industry and market?
0UC0 volatility
0UC0 Average Weekly Movement	3.5%
Oil and Gas Industry Average Movement	7.1%
Market Average Movement	4.8%
10% most volatile stocks in GB Market	11.3%
10% least volatile stocks in GB Market	2.7%

Stable Share Price: 0UC0 has not had significant price volatility in the past 3 months.

Volatility Over Time: 0UC0'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

How do Nordic American Tankers's earnings and revenue compare to its market cap?
0UC0 fundamental statistics
Market cap	US$866.51m
Earnings (TTM)	US$98.71m
Revenue (TTM)	US$391.69m

8.8x

P/E Ratio

2.2x

P/S Ratio

Is 0UC0 overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
0UC0 income statement (TTM)
Revenue	US$391.69m
Cost of Revenue	US$189.51m
Gross Profit	US$202.18m
Other Expenses	US$103.47m
Earnings	US$98.71m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)	0.47
Gross Margin	51.62%
Net Profit Margin	25.20%
Debt/Equity Ratio	56.0%

How did 0UC0 perform over the long term?

See historical performance and comparison

Dividends

11.1%

Current Dividend Yield

97%

Payout Ratio

0UC0 Stock Overview

Rewards

Risk Analysis

Nordic American Tankers Limited Competitors

AIM:NWF

UK£107.8m

LSE:DEC

UK£528.0m

LSE:SEPL

UK£923.9m

AIM:SQZ

UK£717.4m

Price History & Performance

Recent News & Updates

Full year 2023 earnings released: EPS: US$0.47 (vs US$0.075 in FY 2022)

Upcoming dividend of US$0.12 per share

Nordic American Tankers Limited Announces Dividend for the Fourth Quarter of 2023, Payable April 10, 2024

Full year 2023 earnings released: EPS: US$0.47 (vs US$0.075 in FY 2022)

Nordic American Tankers Limited to Report Q4, 2023 Results on Feb 29, 2024

Investor sentiment improves as stock rises 15%

Recent updates

Full year 2023 earnings released: EPS: US$0.47 (vs US$0.075 in FY 2022)

Upcoming dividend of US$0.12 per share

Nordic American Tankers Limited Announces Dividend for the Fourth Quarter of 2023, Payable April 10, 2024

Full year 2023 earnings released: EPS: US$0.47 (vs US$0.075 in FY 2022)

Nordic American Tankers Limited to Report Q4, 2023 Results on Feb 29, 2024

Investor sentiment improves as stock rises 15%

Upcoming dividend of US$0.06 per share at 16% yield

Third quarter 2023 earnings released: EPS: US$0.036 (vs US$0.048 in 3Q 2022)

Nordic American Tankers Limited Announces Dividend for the Third Quarter of 2023, Payable on January 17, 2023

Investor sentiment improves as stock rises 15%

Nordic American Tankers Limited, Annual General Meeting, Nov 16, 2023

Second quarter 2023 earnings released: EPS: US$0.13 (vs US$0.02 loss in 2Q 2022)

Upcoming dividend of US$0.13 per share at 16% yield

Nordic American Tankers Limited Announces Dividend for the Second Quarter of 2023, Payable on October 5, 2023

Nordic American Tankers Limited Declares Dividend for the Second Quarter of 2023, Payable on October 5, 2023

Second quarter 2023 earnings released: EPS: US$0.13 (vs US$0.02 loss in 2Q 2022)

Nordic American Tankers Limited to Report First Half, 2023 Results on Aug 28, 2023

Upcoming dividend of US$0.15 per share at 17% yield

Nordic American Tankers Limited Declares Dividend for the First Quarter of 2023, Payable on July 6, 2023

Investor sentiment improves as stock rises 16%

Now 22% undervalued after recent price drop

Nordic American Tankers Limited to Report Q1, 2023 Results on May 22, 2023

Full year 2022 earnings released: EPS: US$0.075 (vs US$1.05 loss in FY 2021)

Now 22% undervalued

Now 26% undervalued

Nordic American Tankers Limited to Report Q4, 2022 Results on Feb 10, 2023

Nordic American Tankers Limited Expects Increase Dividend for the Fourth Quarter of 2022

Third quarter 2022 earnings released: EPS: US$0.048 (vs US$0.27 loss in 3Q 2021)

Upcoming dividend of US$0.05 per share

Less than half of directors are independent

Nordic American Tankers Limited Declares Dividend Payment for the Third Quarter of 2022, Payable on October 12, 2022

Nordic American Tankers Limited to Report Q3, 2022 Results on Nov 30, 2022

Second quarter 2022 earnings released: US$0.02 loss per share (vs US$0.18 loss in 2Q 2021)

Upcoming dividend of US$0.03 per share

Nordic American Tankers Limited Declares Dividend Payment for the Second Quarter of 2022, Payable on October 12, 2022

Second quarter 2022 earnings released: US$0.02 loss per share (vs US$0.18 loss in 2Q 2021)

Less than half of directors are independent

Nordic American Tankers Limited to Report Q2, 2022 Results on Aug 30, 2022

Nordic American Tankers Limited, Annual General Meeting, Nov 17, 2022

Nordic American Tankers Limited Announces Cash Dividend for First Quarter of 2022, Payable on July 6, 2022

Nordic American Tankers Limited to Report Q1, 2022 Results on May 31, 2022

Nordic American Tankers Limited announced delayed 20-F filing

Less than half of directors are independent

Nordic American Tankers Limited Announces Resignation of Doug Penick from Board

Upcoming dividend of US$0.01 per share

Nordic American Tankers Limited Announces Cash Dividend for the Fourth Quarter of 2021, Payable on March 30, 2022

Full year 2021 earnings: EPS in line with expectations, revenues disappoint

Now 23% undervalued after recent price drop

Now 21% undervalued after recent price drop

Third quarter 2021 earnings: EPS in line with expectations, revenues disappoint

Second quarter 2021 earnings released: US$0.18 loss per share (vs US$0.33 profit in 2Q 2020)

Upcoming dividend of US$0.01 per share

Second quarter 2021 earnings released: US$0.18 loss per share (vs US$0.33 profit in 2Q 2020)

Nordic American Tankers Limited Announces Cash Dividend for the First Quarter of 2021, Payable on or About June 18, 2021

First quarter 2021 earnings released: US$0.17 loss per share (vs US$0.27 profit in 1Q 2020)

Full year 2020 earnings released: EPS US$0.34 (vs US$0.073 loss in FY 2019)

Full year 2020 earnings released: EPS US$0.34 (vs US$0.073 loss in FY 2019)

Revenue misses expectations

Investor sentiment improved over the past week