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 |
Nordic American Tankers Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$3.00 |
| 52 Week High | US$4.65 |
| 52 Week Low | US$2.95 |
| Beta | -0.23 |
| 11 Month Change | -14.77% |
| 3 Month Change | -15.73% |
| 1 Year Change | -32.13% |
| 33 Year Change | 56.25% |
| 5 Year Change | -16.43% |
| Change since IPO | -84.00% |
Recent News & Updates
Recent updates
Nordic 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 19Nordic American Tankers: More Green Shoots Emerge Right As War Breaks Out
Mar 01Shareholder Returns
| NAT | US Oil and Gas | US Market | |
|---|---|---|---|
| 7D | -2.6% | 1.6% | -1.2% |
| 1Y | -32.1% | 14.9% | 30.4% |
Return vs Industry: NAT underperformed the US Oil and Gas industry which returned 14.9% over the past year.
Return vs Market: NAT underperformed the US Market which returned 30.4% over the past year.
Price Volatility
| NAT volatility | |
|---|---|
| NAT Average Weekly Movement | 3.8% |
| Oil and Gas Industry Average Movement | 5.3% |
| Market Average Movement | 6.2% |
| 10% most volatile stocks in US Market | 15.5% |
| 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$636.83m |
| Earnings (TTM) | US$61.65m |
| Revenue (TTM) | US$364.25m |
10.2x
P/E Ratio1.7x
P/S RatioIs NAT overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| NAT income statement (TTM) | |
|---|---|
| Revenue | US$364.25m |
| Cost of Revenue | US$192.74m |
| Gross Profit | US$171.51m |
| Other Expenses | US$109.85m |
| Earnings | US$61.65m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
Nov 29, 2024
| Earnings per share (EPS) | 0.30 |
| Gross Margin | 47.08% |
| Net Profit Margin | 16.93% |
| Debt/Equity Ratio | 54.3% |
How did NAT perform over the long term?
See historical performance and comparisonDividends
15.3%
Current Dividend Yield142%
Payout RatioDoes NAT pay a reliable dividends?
See NAT dividend history and benchmarks| Nordic American Tankers dividend dates | |
|---|---|
| Ex Dividend Date | Sep 26 2024 |
| Dividend Pay Date | Nov 26 2024 |
| Days until Ex dividend | 56 days |
| Days until Dividend pay date | 5 days |
Does NAT pay a reliable dividends?
See NAT dividend history and benchmarks