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NAT

Nordic American Tankers NYSE:NAT Stock Report

Last Price

US$3.06

Market Cap

US$638.9m

7D

-15.5%

1Y

46.4%

Updated

07 Dec, 2022

Data

Company Financials +
NAT fundamental analysis
Snowflake Score
Valuation2/6
Future Growth4/6
Past Performance0/6
Financial Health1/6
Dividends1/6

NAT Stock Overview

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

Nordic American Tankers Limited Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Nordic American Tankers
Historical stock prices
Current Share PriceUS$3.06
52 Week HighUS$3.94
52 Week LowUS$1.40
Beta0.17
1 Month Change-9.20%
3 Month Change-0.33%
1 Year Change46.41%
3 Year Change-25.91%
5 Year Change15.47%
Change since IPO-83.68%

Recent News & Updates

Rainbows and Unicorns: Nordic American Tankers Limited (NYSE:NAT) Analysts Just Became A Lot More Optimistic

Dec 03
Rainbows and Unicorns: Nordic American Tankers Limited (NYSE:NAT) Analysts Just Became A Lot More Optimistic

Recent updates

Rainbows and Unicorns: Nordic American Tankers Limited (NYSE:NAT) Analysts Just Became A Lot More Optimistic

Dec 03
Rainbows and Unicorns: Nordic American Tankers Limited (NYSE:NAT) Analysts Just Became A Lot More Optimistic

Nordic American Tankers (NYSE:NAT) Is Increasing Its Dividend To $0.05

Nov 13
Nordic American Tankers (NYSE:NAT) Is Increasing Its Dividend To $0.05

Nordic American Tankers (NYSE:NAT) Is Paying Out A Larger Dividend Than Last Year

Sep 02
Nordic American Tankers (NYSE:NAT) Is Paying Out A Larger Dividend Than Last Year

Here's Why Nordic American Tankers (NYSE:NAT) Can Afford Some Debt

Aug 31
Here's Why Nordic American Tankers (NYSE:NAT) Can Afford Some Debt

Is There An Opportunity With Nordic American Tankers Limited's (NYSE:NAT) 29% Undervaluation?

Feb 09
Is There An Opportunity With Nordic American Tankers Limited's (NYSE:NAT) 29% Undervaluation?

Nordic American Tankers' (NYSE:NAT) Dividend Will Be Reduced To US$0.01

Nov 28
Nordic American Tankers' (NYSE:NAT) Dividend Will Be Reduced To US$0.01

Is Nordic American Tankers (NYSE:NAT) Weighed On By Its Debt Load?

Nov 19
Is Nordic American Tankers (NYSE:NAT) Weighed On By Its Debt Load?

Nordic American Tankers' (NYSE:NAT) Returns On Capital Tell Us There Is Reason To Feel Uneasy

Jul 19
Nordic American Tankers' (NYSE:NAT) Returns On Capital Tell Us There Is Reason To Feel Uneasy

How Much Did Nordic American Tankers'(NYSE:NAT) Shareholders Earn From Share Price Movements Over The Last Five Years?

Mar 15
How Much Did Nordic American Tankers'(NYSE:NAT) Shareholders Earn From Share Price Movements Over The Last Five Years?

Is Nordic American Tankers Limited's (NYSE:NAT) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Feb 15
Is Nordic American Tankers Limited's (NYSE:NAT) Recent Stock Performance Influenced By Its Fundamentals In Any Way?

Is Nordic American Tankers Limited's (NYSE:NAT) 4.5% Dividend Worth Your Time?

Jan 26
Is Nordic American Tankers Limited's (NYSE:NAT) 4.5% Dividend Worth Your Time?

Estimating The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)

Jan 08
Estimating The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)

We Wouldn't Rely On Nordic American Tankers's (NYSE:NAT) Statutory Earnings As A Guide

Dec 21
We Wouldn't Rely On Nordic American Tankers's (NYSE:NAT) Statutory Earnings As A Guide

Will Nordic American Tankers' (NYSE:NAT) Growth In ROCE Persist?

Dec 03
Will Nordic American Tankers' (NYSE:NAT) Growth In ROCE Persist?

Shareholder Returns

NATUS Oil and GasUS Market
7D-15.5%-7.0%-3.7%
1Y46.4%44.0%-21.2%

Return vs Industry: NAT exceeded the US Oil and Gas industry which returned 44.8% over the past year.

Return vs Market: NAT exceeded the US Market which returned -20.6% over the past year.

Price Volatility

Is NAT's price volatile compared to industry and market?
NAT volatility
NAT Average Weekly Movement9.9%
Oil and Gas Industry Average Movement7.8%
Market Average Movement7.4%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market3.3%

Stable Share Price: NAT is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 10% a week.

Volatility Over Time: NAT's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199519Herbjorn Hanssonhttps://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 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011.

Nordic American Tankers Limited Fundamentals Summary

How do Nordic American Tankers's earnings and revenue compare to its market cap?
NAT fundamental statistics
Market CapUS$638.92m
Earnings (TTM)-US$93.88m
Revenue (TTM)US$243.93m

2.6x

P/S Ratio

-6.8x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
NAT income statement (TTM)
RevenueUS$243.93m
Cost of RevenueUS$192.71m
Gross ProfitUS$51.22m
Other ExpensesUS$145.10m
Earnings-US$93.88m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)-0.45
Gross Margin21.00%
Net Profit Margin-38.49%
Debt/Equity Ratio64.7%

How did NAT perform over the long term?

See historical performance and comparison

Dividends

1.6%

Current Dividend Yield

-23%

Payout Ratio