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Nordic American Tankers NYSE:NAT Stock Report

Last Price

US$4.14

Market Cap

US$864.4m

7D

-3.3%

1Y

17.3%

Updated

03 Jun, 2024

Data

Company Financials +

Nordic American Tankers Limited

NYSE:NAT Stock Report

Market Cap: US$864.4m

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$4.14
52 Week HighUS$4.83
52 Week LowUS$3.44
Beta-0.091
1 Month Change4.28%
3 Month Change2.99%
1 Year Change17.28%
3 Year Change17.28%
5 Year Change102.94%
Change since IPO-77.92%

Recent News & Updates

Some Shareholders Feeling Restless Over Nordic American Tankers Limited's (NYSE:NAT) P/S Ratio

May 30
Some Shareholders Feeling Restless Over Nordic American Tankers Limited's (NYSE:NAT) P/S Ratio

Recent updates

Some Shareholders Feeling Restless Over Nordic American Tankers Limited's (NYSE:NAT) P/S Ratio

May 30
Some Shareholders Feeling Restless Over Nordic American Tankers Limited's (NYSE:NAT) P/S Ratio

Nordic American Tankers: Bet On A Strong Suezmax Market For Dividend Seekers

Mar 28

Unpleasant Surprises Could Be In Store For Nordic American Tankers Limited's (NYSE:NAT) Shares

Feb 24
Unpleasant Surprises Could Be In Store For Nordic American Tankers Limited's (NYSE:NAT) Shares

Nordic American Tankers: Suezmax Pure Play For Income-Minded Investors

Feb 08

Nordic American Tankers - Prime Beneficiary Of Red Sea Chaos - Buy

Jan 02

A Look At The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)

Dec 16
A Look At The Fair Value Of Nordic American Tankers Limited (NYSE:NAT)

Nordic American: Risk And Reward More Balanced; Downgrade To Hold

Dec 04

Nordic American Tankers (NYSE:NAT) Has A Pretty Healthy Balance Sheet

Oct 26
Nordic American Tankers (NYSE:NAT) Has A Pretty Healthy Balance Sheet

Nordic American Tankers: Seasonality Likely To Result In Lower Q3 Dividend - Hold

Sep 18

Insight Into Nordic American Tankers Q2-2023 Upcoming Earnings

Jul 31

Does Nordic American Tankers (NYSE:NAT) Have A Healthy Balance Sheet?

Jul 25
Does Nordic American Tankers (NYSE:NAT) Have A Healthy Balance Sheet?

The Price Is Right For Nordic American Tankers Limited (NYSE:NAT)

Apr 18
The Price Is Right For Nordic American Tankers Limited (NYSE:NAT)

There's Been No Shortage Of Growth Recently For Nordic American Tankers' (NYSE:NAT) Returns On Capital

Mar 24
There's Been No Shortage Of Growth Recently For Nordic American Tankers' (NYSE:NAT) Returns On Capital

Is Nordic American Tankers (NYSE:NAT) A Risky Investment?

Mar 06
Is Nordic American Tankers (NYSE:NAT) A Risky Investment?

Nordic American Tankers Q4 2022 Earnings Preview

Feb 24

Nordic American Tankers: A Perfect Market To Dispose Of Old Vessels At Massive Gains

Feb 03

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 boosts dividend by ~67% to $0.05/share

Nov 10

Nordic American Tankers goes ex-dividend tomorrow

Sep 13

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

Nordic American Tankers GAAP EPS of -$0.02 beats by $0.02, revenue of $34.75M beats by $4.57M

Aug 30

Nordic American Tankers: Tanker Markets Heating Up

Jul 20

Nordic American Tankers announces delivery of new vessels and long term contracts for two vessels

Jun 29

Nordic American Tankers: 'F' Earnings Rating

May 19

Nordic American Tankers: More Green Shoots Emerge Right As War Breaks Out

Mar 01

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: Green Shoots Overshadowed By New Omicron Risks

Dec 05

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: Survival Coming Down To The Wire, May Not Last Another Quarter

Sep 04

Shareholder Returns

NATUS Oil and GasUS Market
7D-3.3%1.9%-0.6%
1Y17.3%18.0%22.5%

Return vs Industry: NAT matched the US Oil and Gas industry which returned 17.4% over the past year.

Return vs Market: NAT underperformed the US Market which returned 22.2% over the past year.

Price Volatility

Is NAT's price volatile compared to industry and market?
NAT volatility
NAT Average Weekly Movement4.6%
Oil and Gas Industry Average Movement4.6%
Market Average Movement5.8%
10% most volatile stocks in US Market15.7%
10% least volatile stocks in US Market2.9%

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

Volatility Over Time: NAT's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
199517Herbjorn Hanssonwww.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?
NAT fundamental statistics
Market capUS$864.42m
Earnings (TTM)US$66.86m
Revenue (TTM)US$365.17m

12.9x

P/E Ratio

2.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
NAT income statement (TTM)
RevenueUS$365.17m
Cost of RevenueUS$191.07m
Gross ProfitUS$174.09m
Other ExpensesUS$107.24m
EarningsUS$66.86m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)0.32
Gross Margin47.67%
Net Profit Margin18.31%
Debt/Equity Ratio55.5%

How did NAT perform over the long term?

See historical performance and comparison

Dividends

11.1%

Current Dividend Yield

134%

Payout Ratio

Does NAT pay a reliable dividends?

See NAT dividend history and benchmarks
When do you need to buy NAT by to receive an upcoming dividend?
Nordic American Tankers dividend dates
Ex Dividend DateJun 28 2024
Dividend Pay DateJul 18 2024
Days until Ex dividend24 days
Days until Dividend pay date44 days

Does NAT pay a reliable dividends?

See NAT dividend history and benchmarks
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