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Nordic American Tankers Ltd (NYSE: NAT) closed the day trading at $3.65 up 0.27% from the previous closing price of $3.64. In other words, the price has increased by $0.27 from its previous closing price. On the day, 3.38 million shares were traded. NAT stock price reached its highest trading level at $3.685 during the session, while it also had its lowest trading level at $3.6.
Ratios:
For a better understanding of NAT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.50 and its Current Ratio is at 1.95. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.86.
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 772889920 and an Enterprise Value of 1138358912. As of this moment, Nordic’s Price-to-Earnings (P/E) ratio for their current fiscal year is 405.56, and their Forward P/E ratio for the next fiscal year is 12.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 65.62. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.75 while its Price-to-Book (P/B) ratio in mrq is 1.68. Its current Enterprise Value per Revenue stands at 3.861 whereas that against EBITDA is 15.234.
Stock Price History:
The Beta on a monthly basis for NAT is -0.45, which has changed by 0.31294966 over the last 52 weeks, in comparison to a change of 0.12607694 over the same period for the S&P500. Over the past 52 weeks, NAT has reached a high of $3.93, while it has fallen to a 52-week low of $2.13. The 50-Day Moving Average of the stock is 4.14%, while the 200-Day Moving Average is calculated to be 25.36%.
Shares Statistics:
Over the past 3-months, NAT traded about 2.71M shares per day on average, while over the past 10 days, NAT traded about 3306290 shares per day. 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 43.05% stake in the company. Shares short for NAT as of 1763078400 were 13599306 with a Short Ratio of 5.01, compared to 1760486400 on 14224466. Therefore, it implies a Short% of Shares Outstanding of 13599306 and a Short% of Float of 6.710000000000001.
Dividends & Splits
NAT’s forward annual dividend rate is 0.27, up from 0.36 a year ago. Against a Trailing Annual Dividend Yield of 0.0989011. The stock’s 5-year Average Dividend Yield is 8.87. The current Payout Ratio is 180.02% for NAT, which recently paid a dividend on 2025-06-12 with an ex-dividend date of 2025-12-08. Stock splits for the company last occurred on 2017-08-10 when the company split stock in a 1008:1000 ratio.
Earnings Estimates
The dynamic stock of Nordic American Tankers Ltd (NAT) is currently being evaluated by a team of 3.0 analysts, each contributing to its current rating.The consensus estimate for the next quarter is $0.1, with high estimates of $0.1 and low estimates of $0.1.
Analysts are recommending an EPS of between $0.06 and $0.04 for the fiscal current year, implying an average EPS of $0.05. EPS for the following year is $0.25, with 3.0 analysts recommending between $0.28 and $0.21.
Revenue Estimates
3 analysts predict $71.87M in revenue for. The current quarter. It ranges from a high estimate of $74.9M to a low estimate of $69.43M. As of. The current estimate, Nordic American Tankers Ltd’s year-ago sales were $46.39M
A total of 3 analysts have provided revenue estimates for NAT’s current fiscal year. The highest revenue estimate was $198.7M, while the lowest revenue estimate was $193.22M, resulting in an average revenue estimate of $195.66M. In the same quarter a year ago, actual revenue was $225.1MBased on 3 analysts’ estimates, the company’s revenue will be $249.16M in the next fiscal year. The high estimate is $255.9M and the low estimate is $241.09M.
