Nordic American Tankers Ltd. logo

Nordic American Tankers Ltd. (NAT)

Market Closed
18 Jul, 20:00
NYSE NYSE
$
2. 68
-0.05
-1.83%
$
578.08M Market Cap
8.02 P/E Ratio
0.48% Div Yield
1,262,800 Volume
0.52 Eps
$ 2.73
Previous Close
Day Range
2.68 2.75
Year Range
2.13 3.91
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Earnings results expected in 42 days
Nordic American Tankers: Weak Results Offset By Generous Dividend - Hold

Nordic American Tankers: Weak Results Offset By Generous Dividend - Hold

Nordic American Tankers reported disappointing Q1/2025 results, with the company underperforming peers by a wide margin and cash flow from operations turning negative. However, the weak operating performance was offset by a generous $0.07 quarterly cash dividend and persistent insider buying. During the quarter, NAT accelerated its fleet renewal efforts during the quarter, but still has to replace a sizeable number of 20+ year-old vessels sooner rather than later.

Seekingalpha | 1 month ago
Nordic American Tankers: Set Up For Success

Nordic American Tankers: Set Up For Success

Nordic American Tankers (NAT) is a small-cap Suezmax tanker firm with a clean balance sheet and a history of consistent dividends. Despite recent poor share price performance, NAT's earnings are set to improve significantly due to rising Suezmax rates, making it a compelling buy. The supply of oil is increasing while the number of available ships remains fixed, creating a favorable market for NAT.

Seekingalpha | 2 months ago
Nordic American Tankers Provides Steady Dividends With Upside Potential

Nordic American Tankers Provides Steady Dividends With Upside Potential

Nordic American Tankers operates 21 Suezmax oil tankers, has paid dividends for 110 consecutive quarters, and is positioned to benefit from potential global growth. The company has navigated a decade of overcapacity and slow growth, optimizing its fleet and continuing dividends, with insiders buying shares during price declines. Rising geopolitical tensions and underinvestment in new tankers have increased demand for existing fleets, making NAT a strong contrarian investment with a ~10% dividend yield.

Seekingalpha | 3 months ago
Nordic American Tankers: Q4 Preview And 2025 Outlook

Nordic American Tankers: Q4 Preview And 2025 Outlook

Nordic American Tankers' stock has declined by 26% since my last report, trending inline with weaker tanker rates. At current tanker rates, analyst estimates are likely too optimistic for 2025. Using more realistic assumptions, I believe NAT is fairly valued at 10x Fwd P/E. On the plus side, NAT's 6% dividend appears safe given current tanker rates. This could support the stock's valuation.

Seekingalpha | 4 months ago
Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - Hold

Nordic American Tankers: Weak Results And Mediocre Near-Term Prospects - Hold

Nordic American Tankers reported weaker-than-expected Q3/2024 results and cut the quarterly dividend by 67% to $0.04 per share. While seasonal weakness impacted the company's average daily time charter equivalent ("TCE") rate, cash generation remained strong. In the press release, management hinted at near-term fleet expansion plans.

Seekingalpha | 7 months ago
Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates

Nordic American Tankers (NAT) Lags Q3 Earnings and Revenue Estimates

Nordic American Tankers (NAT) came out with quarterly earnings of $0.04 per share, missing the Zacks Consensus Estimate of $0.06 per share. This compares to earnings of $0.04 per share a year ago.

Zacks | 7 months ago
Nordic American Tankers: A 12.9% Dividend Yield And Strong Fundamentals

Nordic American Tankers: A 12.9% Dividend Yield And Strong Fundamentals

Initiating coverage on Nordic American Tankers with a “Buy” rating, expecting 15-20% total returns over the next 12 to 15 months. NAT's strong financial flexibility and healthy credit metrics support its robust 12.9% dividend yield, making it an attractive investment despite recent stock declines. The company's high day rates and low operating costs ensure steady earnings, with industry trends indicating sustained demand and limited supply growth through 2026.

Seekingalpha | 10 months ago
Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold

Nordic American Tankers Q2: Good Quarter But Little Reason For Excitement, Hold

Suezmax tanker pure play Nordic American Tankers Limited reported Q2/2024 results ahead of consensus expectations and declared an unchanged quarterly cash dividend of $0.12 per common share. While results came in ahead of expectations, NAT's average daily time charter equivalent ("TCE") rate underperformed peers by a wide margin again. With charter rates under pressure in recent weeks, investors might have to prepare for a sequential dividend cut.

Seekingalpha | 10 months ago
Nordic American Tankers (NAT) Q2 Earnings and Revenues Surpass Estimates

Nordic American Tankers (NAT) Q2 Earnings and Revenues Surpass Estimates

Nordic American Tankers (NAT) came out with quarterly earnings of $0.10 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.13 per share a year ago.

Zacks | 10 months ago
3 Under-$10 Dividend Stocks With Buy Ratings That Wall Street Loves

3 Under-$10 Dividend Stocks With Buy Ratings That Wall Street Loves

I've always been enthusiastic about the power of dividend stocks to generate wealth over time. You might be surprised to learn that some of the most promising opportunities come with price tags under $10 per share.

Investorplace | 11 months ago
Is the Options Market Predicting a Spike in Nordic American Tankers (NAT) Stock?

Is the Options Market Predicting a Spike in Nordic American Tankers (NAT) Stock?

Investors need to pay close attention to Nordic American Tankers (NAT) stock based on the movements in the options market lately.

Zacks | 0 year ago