Nordic American Tankers Limited NAT
- Market cap
- $1.6B
- P/E
- 13.1×
Follow NAT
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.51 | 2.45 | 1.82 | 1.66 | 2.30 | 1.65 | 1.40 | 2.83 | 2.41 | 2.13 |
Analyst estimates 2026–2028 Powerpack |
Low Price
|
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| 16.05 | 9.32 | 3.47 | 5.17 | 9.00 | 4.05 | 3.94 | 4.83 | 4.64 | 3.93 |
High Price
|
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| 19 | 21 | 20 | 20 | 20 | 19 | 18 | 17 | 15 | 18 |
Employees
|
|||
| 19 | 14 | 14 | 16 | 18 | 10 | 19 | 23 | 23 | 16 |
Revenue/Emp
|
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| 357 | 297 | 289 | 317 | 355 | 196 | 339 | 392 | 350 | 292 |
Revenue
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|||
| 42.30% | 22.55% | 15.08% | 34.49% | 46.99% | (0.09%) | 31.06% | 51.62% | 46.40% | 39.53% |
Gross Margin
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| 42 | (196) | (88) | (10) | 50 | (171) | 15 | 99 | 47 | 12 |
EBT
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| 11.83% | (66.11%) | (30.30%) | (3.24%) | 14.13% | (87.49%) | 4.46% | 25.23% | 13.33% | 4.21% |
EBT Margin
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| (4) | (205) | (95) | (10) | 50 | (171) | 15 | 99 | 47 | 12 |
Net Income
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| 92 | 102 | 76 | 68 | 72 | 71 | 54 | 53 | 57 | 58 |
Depreciation
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| 3.86 | 2.86 | 2.04 | 2.23 | 2.38 | 1.20 | 1.68 | 1.88 | 1.67 | 1.38 |
Revenue/Sh
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| (0.05) | (1.97) | (0.67) | (0.07) | 0.34 | (1.05) | 0.07 | 0.47 | 0.22 | 0.06 |
Earnings/Sh
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| 1.38 | 0.31 | (0.11) | 0.37 | 0.74 | (0.27) | 0.12 | 0.67 | 0.61 | 0.09 |
Cash Flow/Sh
|
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| (1.50) | (0.36) | 0.60 | (0.02) | (0.12) | (0.02) | (0.07) | (0.35) | (0.01) | (0.41) |
Capex/Sh
|
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| (0.11) | (0.06) | 0.48 | 0.35 | 0.62 | (0.29) | 0.05 | 0.32 | 0.60 | (0.32) |
Free CF/Sh
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| 9.41 | 6.85 | 4.24 | 4.18 | 4.01 | 3.07 | 2.67 | 2.58 | 2.43 | 2.10 |
Book Value/Sh
|
|||
| 93 | 104 | 142 | 143 | 149 | 163 | 202 | 209 | 209 | 212 |
Shares
|
|||
| 0.00 | 0.00 | 0.00 | 0.00 | 8.68 | 0.00 | 49.67 | 9.13 | 11.59 | 52.12 |
PE Ratio
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| 2.20 | 0.84 | 0.98 | 2.21 | 1.15 | 1.40 | 1.77 | 2.29 | 1.50 | 2.49 |
PS Ratio
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| 0.90 | 0.30 | 0.47 | 1.18 | 0.74 | 0.55 | 1.12 | 1.66 | 1.03 | 1.64 |
PB Ratio
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| 3.21 | 2.14 | 2.32 | 3.27 | 1.92 | 2.81 | 2.49 | 2.97 | 2.14 | 3.78 |
EV/Sales
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| (108.36) | (23.30) | 9.78 | 20.62 | 7.92 | (11.50) | 86.28 | 17.70 | 5.96 | (16.30) |
EV/FCF
|
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| 128 | 32 | (16) | 53 | 111 | (44) | 24 | 139 | 128 | 20 |
Op' Cash Flow
|
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| (138) | (38) | 85 | (3) | (18) | (3) | (14) | (74) | (3) | (88) |
Capex
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| (11) | (6) | 69 | 50 | 93 | (48) | 10 | 66 | 126 | (68) |
FCF
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| 142 | 102 | 77 | 70 | 60 | 39 | 70 | 38 | 39 | 83 |
Working Cap'
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| 443 | 389 | 437 | 399 | 357 | 321 | 306 | 302 | 270 | 424 |
Total Debt
|
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| 361 | 330 | 387 | 336 | 295 | 276 | 243 | 268 | 225 | 378 |
Net Debt
|
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| 871 | 711 | 602 | 595 | 599 | 498 | 540 | 538 | 509 | 446 |
Sh' Equity
|
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| (0.34%) | (16.46%) | (8.62%) | (0.98%) | 4.99% | (18.77%) | 1.74% | 11.22% | 5.50% | 1.43% |
ROA
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| 2.71% | (10.54%) | (2.44%) | 2.14% | 5.68% | (11.66%) | 2.86% | 9.91% | 6.58% | 3.52% |
ROIC
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| (0.51%) | (25.91%) | (14.52%) | (1.73%) | 8.38% | (31.23%) | 2.91% | 18.31% | 8.91% | 2.57% |
ROE
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Nordic American Tankers Limited peers in Oil & Gas Midstream
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| GLP Global Partners LP | $1.6B | 9.6× | Compare |
| FLNG Flex LNG Ltd. | $1.7B | 16.3× | Compare |
| PBT Permian Basin Royalty Trust | $1.6B | 96.4× | Compare |
| GEL Genesis Energy, L.P. | $1.8B | 74.6× | Compare |
| Company | Market cap | P/E | Compare |
|---|---|---|---|
| NVGS Navigator Holdings Ltd. | $1.4B | 10.5× | Compare |
| TEN Tsakos Energy Navigation Ltd | $1.4B | 7.5× | Compare |
| NGL NGL Energy Partners LP | $1.9B | 0.0× | Compare |
| TK Teekay Corporation Ltd. | $1.2B | 9.4× | Compare |
Nordic American Tankers Limited (NAT) key facts
- Nordic American Tankers Limited (NAT) is an Oil & Gas Midstream company in the Energy sector, listed on the New York Stock Exchange.
- Nordic American Tankers Limited’s revenue for fiscal 2025 (year ended December 2025) was $292.4 million, down 16.4% from fiscal 2024.
- Net income was $12.3 million, or $0.06 per share (basic), a net margin of 4.20%.
- As of September 25, 2026, NAT traded at $7.72, a market capitalization of $1.6 billion.
- At that price the stock trades at 13.1× trailing-twelve-month earnings and 4.2× sales.
- Nordic American Tankers Limited pays an annual dividend of $0.52 per share, a yield of 10.1%, with a payout ratio of 65.5%.
- Return on equity was 2.57% and debt-to-equity 0.85.
Nordic American Tankers Limited (NAT) Latest News
25 Sep
Nordic American Tankers Limited (NAT) has a Momentum Style Score of A and a Zacks Rank of #2 Buy. NAT rose 10.59% in the last week, 13.31% over the past month versus the Transportation - Shipping industry at 0.83%. The stock also gained 31.84% in the last quarter and 138.63% over the last year, outperforming the S&P 500's 4.91% quarterly rise and 17.28% annual gain. The 20-day average trading volume is about 4.82 million shares. On the earnings front, revisions increased the current-year estimate from $0.63 to $0.78, with upward revisions for the next year and no downward revisions. With a Buy rating and strong momentum, NAT is highlighted as a near-term pick with upside potential. Upward earnings revisions and bullish momentum could moderately boost near-term sentiment and NAT's stock performance.
23 Sep
Nordic American Tankers reports market conditions for its fleet remain exceptionally solid with persistently high freight rates expected to continue. It says NAT operations are unaffected by Strait of Hormuz disruptions and that ton-mile transportation remains the essential metric. A lower oil price is viewed as advantageous provided safe transport and sustained demand for NAT ships. The company highlights strong relationships with the largest oil companies and confidence in its crews and vessels. Further information is available at www.nat.bm. Signed by Herbjorn Hansson, Founder, Chairman & CEO. Solid market conditions and strong oil-company relationships signal a moderate, positive influence on NAT's near- to mid-term outlook.
15 Sep
Nordic American Tankers Ltd benefits from exceptional conditions for its vessels. Exceptional vessel conditions signal strong tanker market demand that can lift NAT earnings and stock performance.
10 Sep
Nordic American Tankers Limited evaluates its dividend policy and sustainability amid tanker market conditions and fleet performance. Dividend reviews can shift short-term investor sentiment and stock valuation for NAT without major strategic overhaul.
28 Aug
Nordic American Tankers reports strong Q2 profits and release of Gulf tankers, prompting reassessment of its bull case amid improved operational and financial metrics. Q2 profit strength and Gulf tanker releases point to moderate effects on NAT financials and sentiment without guaranteed long-term trajectory shifts.
27 Aug
Nordic American Tankers reports as of June 30, 2026 that the company's direction is upwards with rising rates and values. Upward movement in rates and values directly boosts NAT's core tanker revenues and asset base.
NAT rebounds with profits, but questions persist on whether its valuation is justified given market conditions and sector dynamics. Profit rebound raises valuation questions that may moderately shift NAT investor sentiment without major operational changes.
25 Aug
Napatech AS Q2 2026 earnings show revenue up 55% fueled by AI demand. 55% revenue surge tied to AI signals major positive shift in results and outlook.
23 Jul
Nordic American Tankers Ltd issues an optimistic summer message on its operations and outlook. Optimistic company message can moderately lift investor sentiment and near-term stock performance.
14 Jul
Oil tanker stocks including Nordic American Tankers are positioned for gains after President Trump's reversal on plans to impose tolls for passage through the Strait of Hormuz. Policy shift on Hormuz tolls can alter tanker routing costs and near-term sentiment for NAT shares.
Nordic American Tankers Ltd experiences excellent business conditions. Excellent business conditions point to improved operational results and market positioning for Nordic American Tankers Limited.
2 Jul
Nordic American Tankers Ltd states its ships are out of the Arabian Gulf. Fleet exit from key oil shipping region may shift NAT routes and near-term earnings.
25 Jun
Crude tanker market strength signals further upside potential for ECO with positive implications for Nordic American Tankers Limited operations and performance. Positive crude tanker market dynamics directly support higher earnings potential and improved investor sentiment for NAT.
30 May
Analysts substantially upgraded forecasts for Nordic American Tankers Limited (NAT). Upgraded analyst forecasts may moderately affect Nordic American Tankers Limited's market performance.
29 May
Middle East geopolitical tensions are disrupting oil shipping routes and tanker demand, with direct effects on Nordic American Tankers' operations, vessel utilization and freight rates. Middle East instability drives oil tanker rates and routes that form NAT's core business.
28 May
Nordic American Tankers Ltd reports continued prosperity as of March 31 2026 raises its dividend and notes the best market conditions in several decades. Strong results and optimal market conditions signal major positive shifts in NAT financial trajectory and investor sentiment.
Nordic American Tankers Limited (NAT) surpassed Q1 earnings estimates. Q1 earnings beat offers moderate positive signal for NAT financials and near-term sentiment.
22 May
Nordic American Tankers secures multiple high-margin tanker charters that may positively reshape its investment profile and future earnings outlook. High-margin charters directly increase NAT revenue and strengthen its competitive positioning in the tanker market.
15 May
Nordic American Tankers Ltd (NYSE: NAT) secures recent contracts in a solid market. Recent contracts enhance revenue prospects in a favorable market but do not fundamentally transform NAT's trajectory.
13 Apr
Chaotic conditions generate increased transportation work for Nordic American Tankers Ltd (NYSE: NAT). Chaotic market conditions boost NAT's tanker demand and workload, significantly enhancing future performance and investor sentiment.
8 Apr
Nordic American Tankers Limited (NAT) is reporting financial numbers that are raising eyebrows, signaling unusual developments in its performance amid the tanker market. Unusual numbers suggest moderately noticeable influence on NAT's financial performance and investor sentiment.
4 Apr
Oil prices spiked 12% in one day. Nordic American Tankers Limited (NAT) emerges as the surprise stock to buy today. 12% oil price surge drives higher tanker demand and freight rates, significantly boosting NAT's revenue and market performance.
26 Mar
Nordic American Tankers Limited (NAT) faces valuation reassessment after completing a fleet sale and securing a new fixed-rate charter, potentially stabilizing revenue amid market shifts. Fleet sale and new fixed-rate charter constitute major strategic moves that could significantly reshape NAT's financial position and market trajectory.
Nordic American Tankers Limited (NAT) executes asset sale and secures key contract, positioning company for accelerated growth and improved valuation. Asset sale and new contract represent major strategic actions enhancing NAT's growth prospects and valuation.
23 Mar
Nordic American Tankers Ltd (NYSE: NAT) achieves strong results amid a tumultuous situation. Strong results emerging from a tumultuous situation indicate significant positive impact on NAT's future performance and investor sentiment.
9 Mar
Nordic American Tankers Limited (NAT) returns to profitability fueled by robust ship demand. Return to profitability amid strong ship demand signals major positive shift in financial performance and market dynamics for NAT.
4 Mar
Nordic American Tankers Limited (NAT) stock rises sharply after supertanker rates hit record highs, boosting the company's outlook in a favorable market shift. Record supertanker rate surge directly improves NAT's revenue prospects and drives positive stock momentum.
Nordic American Tankers Limited (NAT) faces valuation review amid insider buying activity, strong earnings results, and continued dividend payments signaling investor confidence. Insider buying, earnings strength, and ongoing dividends moderately boost NAT's investor sentiment and short-term market performance.
Nordic American Tankers (NAT) insiders are buying shares amid steady dividend payments, signaling the company's true capital priorities. Insider buying and steady dividends demonstrate management confidence, likely influencing investor sentiment and NAT's valuation moderately.
3 Mar
The Hansson family purchased additional shares in Nordic American Tankers Limited (NYSE: NAT), signaling increased confidence in the company. Hansson family buying more shares indicates insider confidence, potentially boosting market sentiment and stock performance moderately.