Nordic American Tankers is a marine shipping business based in the US. Nordic American Tankers shares (NAT) are listed on the NYSE and all prices are listed in US Dollars. Nordic American Tankers employs 17 staff and has a trailing 12-month revenue of around $365.2 million.
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| Latest market close | $3.73 |
|---|---|
| 52-week range | $3.35 - $4.49 |
| 50-day moving average | $4.02 |
| 200-day moving average | $4.14 |
| Wall St. target price | $6.20 |
| PE ratio | 11.6875 |
| Dividend yield | $0.43 (12.83%) |
| Earnings per share (TTM) | $0.32 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $3.73 from 2024-07-25
| 1 week (2024-07-19) | -0.27% |
|---|---|
| 1 month (2024-06-26) | -10.77% |
| 3 months (2024-04-26) | -6.05% |
| 6 months (2024-01-26) | -16.93% |
| 1 year (2023-07-26) | -8.58% |
|---|---|
| 2 years (2022-07-26) | 51.01% |
| 3 years (2021-07-26) | 40.75% |
| 5 years (2019-07-26) | 102.55% |
Valuing Nordic American Tankers stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Nordic American Tankers's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Nordic American Tankers's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 12x. In other words, Nordic American Tankers shares trade at around 12x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Nordic American Tankers's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $149.1 million.
The EBITDA is a measure of a Nordic American Tankers's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $365.2 million |
|---|---|
| Operating margin TTM | 38.08% |
| Gross profit TTM | $105.4 million |
| Return on assets TTM | 6.95% |
| Return on equity TTM | 12.33% |
| Profit margin | 18.31% |
| Book value | $2.53 |
| Market Capitalization | $780.9 million |
TTM: trailing 12 months
Dividend payout ratio: 134.38% of net profits
Recently Nordic American Tankers has paid out, on average, around 134.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 12.83% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Nordic American Tankers shareholders could enjoy a 12.83% return on their shares, in the form of dividend payments. In Nordic American Tankers's case, that would currently equate to about $0.43 per share.
Nordic American Tankers's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Nordic American Tankers's most recent dividend payout was on 17 July 2024. The latest dividend was paid out to all shareholders who bought their shares by 27 June 2024 (the "ex-dividend date").
Nordic American Tankers's shares were split on a 1008:1000 basis on 9 August 2017. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 1008 shares. This wouldn't directly have changed the overall worth of your Nordic American Tankers shares – just the quantity. However, indirectly, the new 0.8% lower share price could have impacted the market appetite for Nordic American Tankers shares which in turn could have impacted Nordic American Tankers's share price.
Over the last 12 months, Nordic American Tankers's shares have ranged in value from as little as $3.3457 up to $4.485. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Nordic American Tankers's is -0.173. This would suggest that Nordic American Tankers's shares have been inversely-correlated to the average (for this exchange) – so when the broader market trended up or down, Nordic American Tankers has bucked the trend.
Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 20 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda. .
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