Nordic American Tankers Limited (NAT): Price and Financial Metrics


Nordic American Tankers Limited (NAT)

Today's Latest Price: $3.32 USD

0.06 (-1.78%)

Updated Nov 27 5:00pm

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Overall POWR Rating


POWR Components:

 Trade Grade  Buy & Hold Grade  Peer Grade  Industry Rank


Industry Rank:

Ranked of 46 in Shipping

See all "A" rated Strong Buy stocks

NAT Stock Summary

  • Of note is the ratio of NORDIC AMERICAN TANKERS Ltd's sales and general administrative expense to its total operating expenses; only 8.69% of US stocks have a lower such ratio.
  • For NAT, its debt to operating expenses ratio is greater than that reported by 82.13% of US equities we're observing.
  • Revenue growth over the past 12 months for NORDIC AMERICAN TANKERS Ltd comes in at -28.83%, a number that bests merely 12.11% of the US stocks we're tracking.
  • If you're looking for stocks that are quantitatively similar to NORDIC AMERICAN TANKERS Ltd, a group of peers worth examining would be CRK, NVGS, TNK, CMRE, and DHC.
  • Visit NAT's SEC page to see the company's official filings. To visit the company's web site, go to www.nat.bm.

NAT Stock Price Chart Interactive Chart >

Price chart for NAT

NAT Price/Volume Stats

Current price $3.32 52-week high $9.00
Prev. close $3.38 52-week low $2.30
Day low $3.30 Volume 1,316,442
Day high $3.41 Avg. volume 5,514,949
50-day MA $3.34 Dividend yield 24.1%
200-day MA $4.00 Market Cap 489.17M

Nordic American Tankers Limited (NAT) Company Bio


Nordic American Partners Limited engages in acquiring and chartering double-hull tankers. The company was founded in 1995 and is based in Hamilton, Bermuda.

NAT Price Forecast Based on DCF Valuation

Current PriceDCF Fair Value Target: Forecasted Gain:
$3.32$1.69 -49%

The table below illustrates the output of a discounted cash flow forecast using a variety of scenarios for NORDIC AMERICAN TANKERS Ltd. To summarize, we found that NORDIC AMERICAN TANKERS Ltd ranked in the 31th percentile in terms of potential gain offered. We should note, though, that the most conservative analysis suggests this stock will yield negative results -- and thus may be a potential short opportunity. The most interesting components of our discounted cash flow analysis for NORDIC AMERICAN TANKERS Ltd ended up being:

  • The company's compound free cash flow growth rate over the past 4.07 years comes in at 0%; that's greater than only 24.27% of US stocks we're applying DCF forecasting to.
  • NORDIC AMERICAN TANKERS Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than just 24.24% of US stocks with positive free cash flow.
  • The weighted average cost of capital for the company is 11. This value is greater than 78.97% stocks in the Industrials sector that generate free cash flow.


Terminal Growth Rate in Free Cash FlowReturn Relative to Current Share Price
0%-50%
1%-50%
2%-49%
3%-49%
4%-48%
5%-48%

For other companies in the Industrials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as NAT, try CAT, GD, UNP, CTAS, and NDSN.


NAT Latest News Stream


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Latest NAT News From Around the Web

Below are the latest news stories about NORDIC AMERICAN TANKERS Ltd that investors may wish to consider to help them evaluate NAT as an investment opportunity.

Tanker Rates Have Plummeted And Likely To Remain Depressed Through 2021

Tanker rates for Very Large Crude Carriers (VLCCs) are highly sensitive to oil transportation volumes, which in turn, are a function of global oil production and consumption. And so it follows that the lower the demand for oil, the lower the demand for tankers. However, a special case developed in...

Robert Boslego on Seeking Alpha | September 9, 2020

Clear Dividend Policy A Winner For Nordic American Tankers

Nordic American Tankers (NAT) is the most popular tanker stock, commanding superior stock valuations because of its long dividend history. But its capacity to declare generous dividends has been curtailed by debt covenants from its February 2019 Credit Facility with Beal Bank. This may be a blessing in disguise, because...

Lambros Papaeconomou on Seeking Alpha | September 1, 2020

Recap: Nordic American Tankers Q2 Earnings

Shares of Nordic American Tankers (NYSE:NAT) rose 3.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share …

Benzinga | August 17, 2020

Earnings Preview: Nordic American Tankers

Nordic American Tankers (NYSE: NAT) announces its next round of earnings this Monday, August 17. Here is Benzinga's everything-that-matters guide …

Benzinga | August 14, 2020

Shipping Stock Pickers Turn Down The Volume — Way Down

Tanker stocks have a "tree falls in empty woods and no one hears it" problem. They have a compelling longer-term pitch — almost no newbuild contracts, a giant plus for rates — but buyers are looking elsewhere.A new FreightWaves analysis reveals the extent of the slide in trading value and volumes for tanker and dry bulk shares.Tanker stock daily trading values The number of shares traded per day is one indicator of investor interest. To account for widely divergent share prices, the data can be analyzed in terms of dollar value.FreightWaves used data from Yahoo Finance and NASDAQ on the number of shares traded per day, multiplied by the average of the daily high and low price to estimate daily trading value.Data was compiled over a one-year period (July 22, 2019-July 21, 2020)...

Yahoo | July 22, 2020

Read More 'NAT' Stories Here

NAT Price Returns

1-mo 14.09%
3-mo -23.85%
6-mo -22.30%
1-year 2.05%
3-year -0.97%
5-year -67.94%
YTD -25.34%
2019 156.48%
2018 -16.12%
2017 -68.10%
2016 -39.84%
2015 70.54%

NAT Dividends

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Continue Researching NAT

Want to see what other sources are saying about NORDIC AMERICAN TANKERS Ltd's financials and stock price? Try the links below:

NORDIC AMERICAN TANKERS Ltd (NAT) Stock Price | Nasdaq
NORDIC AMERICAN TANKERS Ltd (NAT) Stock Quote, History and News - Yahoo Finance
NORDIC AMERICAN TANKERS Ltd (NAT) Stock Price and Basic Information | MarketWatch


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