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The closing price of Nordic American Tankers Ltd (NYSE: NAT) was $3.67 for the day, down -0.81% from the previous closing price of $3.7. In other words, the price has decreased by -$0.81 from its previous closing price. On the day, 2.65 million shares were traded. NAT stock price reached its highest trading level at $3.74 during the session, while it also had its lowest trading level at $3.65.
Ratios:
Our analysis of NAT’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 2.33. In the meantime, Its Debt-to-Equity ratio is 0.91 whereas as Long-Term Debt/Eq ratio is at 0.84.
On September 06, 2022, Jefferies Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $3 to $4.
On July 21, 2022, Jefferies started tracking the stock assigning a Hold rating and target price of $3.Jefferies initiated its Hold rating on July 21, 2022, with a $3 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NAT now has a Market Capitalization of 777124928 and an Enterprise Value of 1124935936. As of this moment, Nordic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.52, and their Forward P/E ratio for the next fiscal year is 13.26. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 8.66. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.70 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 3.735 whereas that against EBITDA is 13.545.
Stock Price History:
The Beta on a monthly basis for NAT is -0.34, which has changed by 0.13271606 over the last 52 weeks, in comparison to a change of 0.19088471 over the same period for the S&P500. Over the past 52 weeks, NAT has reached a high of $3.78, while it has fallen to a 52-week low of $2.13. The 50-Day Moving Average of the stock is 11.79%, while the 200-Day Moving Average is calculated to be 30.63%.
Shares Statistics:
NAT traded an average of 2.45M shares per day over the past three months and 2794040 shares per day over the past ten days. A total of 211.75M shares are outstanding, with a floating share count of 211.75M. Insiders hold about 0.00% of the company’s shares, while institutions hold 39.68% stake in the company. Shares short for NAT as of 1760486400 were 14224466 with a Short Ratio of 5.82, compared to 1757894400 on 13497481. Therefore, it implies a Short% of Shares Outstanding of 14224466 and a Short% of Float of 7.0199996.
Dividends & Splits
With its trailing 12-month dividend rate of 0.27, NAT has a forward annual dividend rate of 0.27. Against a Trailing Annual Dividend Yield of 0.072972976. The stock’s 5-year Average Dividend Yield is 9.09. The current Payout Ratio is 180.02% for NAT, which recently paid a dividend on 2025-06-12 with an ex-dividend date of 2025-09-12. Stock splits for the company last occurred on 2017-08-10 when the company split stock in a 1008:1000 ratio.
Earnings Estimates
. The current market rating for Nordic American Tankers Ltd (NAT) reflects the collective analysis of 2.0 analysts closely monitoring its performance.The consensus estimate for the next quarter is $0.08, with high estimates of $0.11 and low estimates of $0.05.
Analysts are recommending an EPS of between $0.11 and $0.03 for the fiscal current year, implying an average EPS of $0.07. EPS for the following year is $0.24, with 3.0 analysts recommending between $0.28 and $0.17.
Revenue Estimates
It is expected that $90B in revenue will be generated in. The current quarter, according to 2 analysts. It ranges from a high estimate of $53.46M to a low estimate of $52.31M. As of. The current estimate, Nordic American Tankers Ltd’s year-ago sales were $52.04MFor the next quarter, 2 analysts are estimating revenue of $63.73M. There is a high estimate of $63.73M for the next quarter, whereas the lowest estimate is $63.73M.
A total of 1 analysts have provided revenue estimates for NAT’s current fiscal year. The highest revenue estimate was $194.14M, while the lowest revenue estimate was $194.14M, resulting in an average revenue estimate of $194.14M. In the same quarter a year ago, actual revenue was $225.1MBased on 2 analysts’ estimates, the company’s revenue will be $245.79M in the next fiscal year. The high estimate is $250.5M and the low estimate is $241.09M.
