NAT - Nordic American Tankers Limited

NYSE - NYSE Delayed Price. Currency in USD
2.04
-0.02 (-0.97%)
At close: 4:02PM EDT
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Previous Close2.06
Open2.06
Bid0.00 x 800
Ask0.00 x 1800
Day's Range2.02 - 2.11
52 Week Range1.82 - 5.84
Volume990,173
Avg. Volume1,314,079
Market Cap289.619M
Beta0.64
PE Ratio (TTM)N/A
EPS (TTM)-1.93
Earnings DateAug 6, 2018 - Aug 13, 2018
Forward Dividend & Yield0.04 (1.45%)
Ex-Dividend Date2018-05-23
1y Target Est3.34
Trade prices are not sourced from all markets
  • Nordic American Tankers (NAT) Reports Q2 Loss, Misses Revenue Estimates
    Zacks2 days ago

    Nordic American Tankers (NAT) Reports Q2 Loss, Misses Revenue Estimates

    Nordic American Tankers (NAT) delivered earnings and revenue surprises of -14.29% and -5.48%, respectively, for the quarter ended June 2018. Do the numbers hold clues to what lies ahead for the stock?

  • Associated Press2 days ago

    Nordic American Tankers: 2Q Earnings Snapshot

    On a per-share basis, the Hamilton, Bermuda-based company said it had a loss of 19 cents. Losses, adjusted for asset impairment costs and non-recurring costs, were 16 cents per share. The results did not ...

  • GlobeNewswire3 days ago

    Nordic American Tankers (NYSE: NAT) - The 2nd Quarter 2018 report - A busy quarter

    On July 25, 2018, we announced our 84th consecutive quarterly dividend ($0.02 per share). The time charter equivalent for our vessels during 2Q2018 was $10,500 per day per ship. On July 10, 2018 we took delivery of the first of our three newbuild Suezmax vessels from Samsung in South Korea.

  • GlobeNewswire3 days ago

    Nordic American Tankers (NYSE: NAT) - The 2nd Quarter 2018 report - A busy quarter

    On July 25, 2018, we announced our 84th consecutive quarterly dividend ($0.02 per share). The time charter equivalent for our vessels during 2Q2018 was $10,500 per day per ship. On July 10, 2018 we took delivery of the first of our three newbuild Suezmax vessels from Samsung in South Korea.

  • Investors Should Be Cautious Of Nordic American Tankers Limited’s (NYSE:NAT) 1.74% Dividend
    Simply Wall St.3 days ago

    Investors Should Be Cautious Of Nordic American Tankers Limited’s (NYSE:NAT) 1.74% Dividend

    Dividends play a key role in compounding returns over time and can form a large part of our portfolio return. In the past 10 years Nordic American Tankers Limited (NYSE:NAT)Read More...

  • Evercore Downgraded DHT and Revised Companies’ Target Prices
    Market Realist16 days ago

    Evercore Downgraded DHT and Revised Companies’ Target Prices

    In week 30, the week ending July 27, Evercore downgraded one crude tanker company and revised other companies’ target prices.

  • Bunker Fuel Prices and Crude Oil Prices Fell in Week 30
    Market Realist16 days ago

    Bunker Fuel Prices and Crude Oil Prices Fell in Week 30

    Previously in this series, we saw that crude tanker stocks gave mixed returns in week 30—the week ending July 27. However, VLCC (very large crude carrier) and Aframax rates rose. In this part, we’ll see how bunker fuel prices fared last week.

  • VLCC Rates Rose, Suezmax Rates Fell in Week 30
    Market Realist17 days ago

    VLCC Rates Rose, Suezmax Rates Fell in Week 30

    According to Weber’s weekly report, VLCCs (very large crude carriers) maintained the demand strength in week 30 along with the tight availability of units. The VLCC rates rose in the week ending July 27.

  • How Did the Crude Tanker Industry Fare in Week 30?
    Market Realist17 days ago

    How Did the Crude Tanker Industry Fare in Week 30?

    When assessing the crude tanker industry, it’s important to look at the BDTI (Baltic Dirty Tanker Index). In week 30, the week ending July 27, the BDTI rose to 759 from 723. The BDTI has risen ~8.4% in 2018. Investors should compare the BDTI’s YoY (year-over-year) performance because the industry is seasonal. At the same time last year, the index was 16% higher at ~648. In week 30, the BDTI fell by 21 points.

  • Analyzing China’s Auto Sales in June
    Market Realist18 days ago

    Analyzing China’s Auto Sales in June

    China released its June auto sales data on July 11. In June, China’s automobile sales rose 4.8% YoY (year-over-year) to 2.27 million. In May, China’s vehicle sales rose 9.6%, while its sales in April rose 11.5%. China’s automobile sales rebounded steadily after they fell more than 11% in February. Automobile sales are a key indicator for assessing China’s economic (FXI) health.

  • ACCESSWIRE18 days ago

    Free Technical Research on Nordic American Tankers and Three More Shipping Equities

    On Friday, July 27, 2018, the NASDAQ Composite, the Dow Jones Industrial Average, and the S&P 500 edged lower at the closing bell. All sectors ended Friday's trading session in bearish territories. Taking into consideration last Friday's market sentiment, WallStEquities.com assessed the following Shipping equities this morning: Golar LNG Partners L.P. (NASDAQ: GMLP), Nordic American Tankers Ltd (NYSE: NAT), Overseas Shipholding Group Inc. (NYSE: OSG), and Teekay Corp. (NYSE: TK).

  • China’s June Data Impact the Crude Tanker Industry
    Market Realist21 days ago

    China’s June Data Impact the Crude Tanker Industry

    China (FXI) released its key economic data for June—import and export data, auto sales data, and the manufacturing index. The data help investors assess the crude oil tanker industry’s outlook.

  • Navios Maritime Midstream Partners: Q2 2018 Highlights
    Market Realist21 days ago

    Navios Maritime Midstream Partners: Q2 2018 Highlights

    Navios Maritime Midstream Partners (NAP) released its second-quarter results today. NAP reported $14.7 million in EBITDA and $4.3 million in net income in Q2 2018. This month, NAP received a proposal from Navios Maritime Acquisition (NNA) in which NNA would acquire publicly held common shares of NAP in a stock-for-unit exchange.

  • Morgan Stanley Revised NAT and DHT’s Target Prices
    Market Realist22 days ago

    Morgan Stanley Revised NAT and DHT’s Target Prices

    In week 29 (week ending July 20), Morgan Stanley revised the target prices for crude tanker companies.

  • Where Did Bunker Fuel Prices Head in Week 29?
    Market Realist23 days ago

    Where Did Bunker Fuel Prices Head in Week 29?

    Previously in this series, we saw that crude tanker stocks fell in week 29 (week ending July 20). However, VLCC (very large crude carrier) and Suezmax rates rose. In this part, we’ll see how bunker fuel prices fared last week.

  • VLCC and Suezmax Rates Rose in Week 29
    Market Realist23 days ago

    VLCC and Suezmax Rates Rose in Week 29

    According to Weber’s weekly report, the VLCC (very large crude carrier) demand was stronger in week 29, which led to a rebound in VLCC rates. In week 29, 27 VLCC fixtures were observed in the Middle East market—two less than the previous week. In the West Africa market, the weekly fixtures rose to 11, which was a YTD (year-to-date) high.

  • GlobeNewswire23 days ago

    Nordic American Tankers Limited (NYSE: NAT) - Financial Calendar & Dividend Declaration and ship sales concluded

    This is the 84th consecutive quarterly dividend declaration since the autumn of 1997. Matters discussed in this press release may constitute forward-looking statements.  The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

  • GlobeNewswire23 days ago

    Nordic American Tankers Limited (NYSE: NAT) - Financial Calendar & Dividend Declaration and ship sales concluded

    This is the 84th consecutive quarterly dividend declaration since the autumn of 1997. Matters discussed in this press release may constitute forward-looking statements.  The Private Securities Litigation Reform Act of 1995 provides safe harbor protections for forward-looking statements in order to encourage companies to provide prospective information about their business. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements, which are other than statements of historical facts.

  • Analysts’ Recommendations for Crude Tanker Stocks
    Market Realist29 days ago

    Analysts’ Recommendations for Crude Tanker Stocks

    In Week 28, analysts made no target price revisions or recommendation changes for crude tanker companies. Of the six analysts covering Nordic American Tankers (NAT), ~67% are neutral, recommending “hold,” while 33% are bearish, recommending “sell.” Their consensus target price of $2.45 implies a 6.56% downside to NAT’s current price of $2.43. Of the six analysts covering Frontline (FRO), 33% are bullish, recommending “buy,” ~33% are neutral, and 34% are bearish. Their consensus target price of $5.32 implies a 2.5% upside to FRO’s current price of $5.21.

  • A Look at Bunker Fuel Prices Last Week
    Market Realist29 days ago

    A Look at Bunker Fuel Prices Last Week

    Previously in this series, we saw that crude tanker stocks fell in Week 28 (ended July 13), along with VLCC (very large crude carrier) and Suezmax rates. In this part, we’ll see how bunker fuel prices fared last week.

  • Tsakos Energy Navigation: Analysts’ Views before Q2 2018 Results
    Market Realistlast month

    Tsakos Energy Navigation: Analysts’ Views before Q2 2018 Results

    Tsakos Energy Navigation (TNP) is one of the analysts’ favorite crude tanker companies. According to Reuters, the consensus rating for Tsakos Energy Navigation is 2, which means a “buy.” The company has had a consensus “buy” rating for more than a year.

  • Analysts Recommend a ‘Hold’ on Navios Maritime Midstream Partners
    Market Realistlast month

    Analysts Recommend a ‘Hold’ on Navios Maritime Midstream Partners

    According to Reuters, the consensus rating for Navios Maritime Midstream Partners (NAP) is 3, which indicates a “hold.” Below are the consensus ratings for other crude oil tanker companies on a scale of 1 (strong buy) to 5 (strong sell): Nordic American Tankers (NAT): 3.33 or a “hold” Frontline (FRO): 3.0 or a “buy” Teekay Tankers (TNK): 2.38 or a “buy” Euronav (EURN): 2.0 or a “buy”

  • Buy These Oil Tanker Stocks to Play the Production Surge
    Zackslast month

    Buy These Oil Tanker Stocks to Play the Production Surge

    Large supplies of crude in the United States have enabled companies to increasingly ship more of those volumes to foreign markets.

  • GlobeNewswirelast month

    Nordic American Tankers Limited (NYSE: NAT) - New vessel delivered to NAT today - impacting earnings capacity positively

    Hamilton, Bermuda, July 10, 2018 Dear shareholders, We have previously advised you of the new buildings coming from Samsung shipbuilding in South Korea in 2018, the first one now in July. The second ship ...

  • GlobeNewswirelast month

    Nordic American Tankers Limited (NYSE: NAT) - New vessel delivered to NAT today - impacting earnings capacity positively

    Hamilton, Bermuda, July 10, 2018. We have previously advised you of the new buildings coming from Samsung shipbuilding in South Korea in 2018, the first one now in July. The second ship is scheduled for ...