Nordic American Tankers Limited (NAT): Price and Financial Metrics
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 8.49% of US stocks have a lower such ratio.
- The ratio of debt to operating expenses for NORDIC AMERICAN TANKERS Ltd is higher than it is for about 81.93% of US stocks.
- Revenue growth over the past 12 months for NORDIC AMERICAN TANKERS Ltd comes in at -28.83%, a number that bests only 12.79% of the US stocks we're tracking.
- Stocks that are quantitatively similar to NAT, based on their financial statements, market capitalization, and price volatility, are PXS, TNK, NVGS, TNP, 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 >
NAT Price/Volume Stats
| Current price | $3.20 | 52-week high | $9.00 |
| Prev. close | $3.20 | 52-week low | $2.30 |
| Day low | $3.20 | Volume | 3,095,531 |
| Day high | $3.38 | Avg. volume | 3,951,280 |
| 50-day MA | $3.12 | Dividend yield | 5% |
| 200-day MA | $3.74 | Market Cap | 471.49M |
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 Price | DCF Fair Value Target: | Forecasted Gain: |
| $3.20 | $1.49 | -50% |
Below please find a table outlining a discounted cash flow forecast for NAT, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that NORDIC AMERICAN TANKERS Ltd ranked in the 37th 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 stock's equity weight, or the proportion of capital from equity relative to debt, is 51. Notably, its equity weight is greater than merely 20.06% of US equities in the Industrials sector yielding a positive free cash flow.
- Its compound free cash flow growth rate, as measured over the past 4.07 years, is 0% -- higher than merely 23.99% of stocks in our DCF forecasting set.
- NORDIC AMERICAN TANKERS Ltd's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 23.27% of US stocks with positive free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -51% |
| 1% | -50% |
| 2% | -50% |
| 3% | -50% |
| 4% | -49% |
| 5% | -49% |
Want more companies with a valuation profile/forecast similar to that of NORDIC AMERICAN TANKERS Ltd? See KTOS, UNP, AZZ, CR, and FSS.
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.
Nordic American Tankers CEO purchases company sharesNordic American Tankers ([[NAT]] +8.4%) notified that the company concluded a spot contract at ~$20K/day and another spot contract at ~$15K/day. Last week, the comparable number was about $4K/day; operating costs are covered at $8K/day.NAT CEO Herbjorn Hansson bought 50K shares at $3.13; CEO and his son Alexander Hansson are the largest shareholders of... |
Nordic American Tankers Ltd (NYSE: NAT) – Ships makes the world go - Stocks News FeedJanuary 19, 2021 Dear Shareholders and Investors, Information provided by the New York listed Nordic American Tankers Ltd. The below 2 minutes video by BIMCO is illustrating the importance of the seagoing transportation business. 90% of the world trade is carried by ships. Stock Market Shirts | Stock Trading Mugs | Stock Trader Decor |… Read More »Nordic American Tankers Ltd (NYSE: NAT) – Ships makes the world go |
Nordic American Tankers Ltd (NYSE: NAT) – Ships makes the world goJanuary 19, 2021 Dear Shareholders and Investors, Information provided by the New York listed Nordic American Tankers Ltd. The below 2 minutes video by BIMCO is illustrating the importance of the seagoing transportation business. 90% of the world trade is carried by ships. BIMCO, an assosiation of shipping companies, is based in Copenhagen, Denmark. https://www.bimco.org/ShipsMakeTheWorldGo Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS 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... |
Nordic American Tankers Ltd (NYSE: NAT) – Low/decreasing oil price and political uncertainty are good for our Suezmax tankersDecember 21, 2020 Dear Shareholders and Investors, Last week we commented on the strong economic development in Asia. This is a contrast to the uncertainties elsewhere in the world. Regional imbalances in demand, combined with a decreasing price of oil that we now see, stimulate transportation of oil that our Suezmax tankers carry. This is all good for our tankers. Sincerely, Herbjorn HanssonFounder, Chairman & CEONordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTSMatters 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... |
Nordic American Tankers Ltd (NYSE: NAT) – Announces Results of its 2020 Annual General Meeting of ShareholdersDecember 18, 2020. Nordic American Tankers Limited (the "Company") (NYSE: NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") on December 18, 2020, in Monaco. The following resolutions were approved and adopted at the Meeting: 1. Election of the five nominees to the Board of Directors. 2. Approval of the appointment of KPMG AS as the Company's independent auditors. CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTSMatters 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 state... |
NAT Price Returns
| 1-mo | 8.11% |
| 3-mo | 1.59% |
| 6-mo | -13.35% |
| 1-year | 10.10% |
| 3-year | 74.48% |
| 5-year | -66.16% |
| YTD | 8.47% |
| 2020 | -32.82% |
| 2019 | 156.48% |
| 2018 | -16.12% |
| 2017 | -68.10% |
| 2016 | -39.84% |
NAT Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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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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