NAT | Complete Nordic American Tankers Ltd. stock news by MarketWatch. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. 1 suggested the stock as a Hold whereas 4 see the stock as a Buy. Saudi Arabia saw an opportunity to rebalance the global oil market and started an all-out production push to take market share from everyone else. As of May 18 when Nordic American reported its first-quarter results, the company had already booked 75% of the available trading days -- time not already contracted -- for the second quarter, at an average of $50,000 per day per ship. … Since it began trading on U.S. exchanges in 1997, it has climbed to a peak of nearly triple its debut price, but has since dropped back to almost 76% below it. Export data to Excel for your own analysis.View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Want to see which stocks are moving? Latest Reports. Data may be intentionally delayed pursuant to supplier requirements.There is no more news available.Copyright 2020 FactSet Research Systems Inc. All rights reserved. View which stocks are hot on social media with MarketBeat's trending stocks report.Nordic American Tanker has only been increasing its dividend for 1 years.In the past three months, Nordic American Tanker insiders have not sold or bought any company stock.Identify stocks that meet your criteria using seven unique stock screeners. This year revenue growth is estimated to rise 68% from the last financial year’s standing.In the face of being in the red today for losing -3.84%, in the last five days NAT remained trading in the green while hitting it’s week-highest on Wednesday, Jul 29 when the stock touched $4.59-4 price level, adding 4.58% to its value on the day. Analysts have been projecting $1.4 as a low price target for the stock while placing it at a high target of $8. Company posted $30.65 Million and $35.18 Million of sales in current and next quarters respectively a year earlier. The shipping company can be reached via phone at 441-292-7202 or via email at www.nat.bm.Nordic American Tanker has only been the subject of 1 research reports in the past 90 days.The P/E ratio of Nordic American Tanker is 29.07, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 16.95.Earnings for Nordic American Tanker are expected to grow by 10.17% in the coming year, from $0.59 to $0.65 per share.One share of NAT stock can currently be purchased for approximately $4.36.Nordic American Tanker has a market capitalization of $642.40 million and generates $175.45 million in revenue each year. The vessels are about 12 years old on average; 10 were built after 2009, and 13 were built between 2000 and 2009. With an annual yield of 12.28%, the share has a forward dividend of 0.56 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 10.53%.The second largest institutional holder is Morgan Stanley, which was holding about 5.27 Million shares on March 30, 2020.
It operates a fleet of 33 Suezmax crude oil tankers. In 2020, company’s earnings growth rate is likely to be around 89.2% while estimates for its earnings growth in next 5 years are of 5%For Nordic American Tankers Limited (NAT), analysts’ consensus is at an average recommendation of Overweight while assigning it a mean rating of 2.3. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Nordic American Tanker has received a consensus rating of Hold.
And 5 analysts are in estimates of company making revenue of $74.68 Million in the next quarter that will end in September 01, 2020. Still, the dividend has done some heavy lifting, generating total returns of 175% for anyone who has owned shares since 1997.So going forward, my expectation that this tiger won't change its spots. As of April 29, 2020, the former fund manager was holding 2998876 shares of worth $18.05 Million or 2.04% of the total outstanding shares. The company's average rating score is 2.33, and is based on 2 buy ratings, no hold ratings, and 1 sell rating.According to analysts' consensus price target of $4.38, Nordic American Tanker has a potential upside of 0.3% from its current price of $4.36.You have already added five stocks to your watchlist.