Research Analysts Set Expectations for NAT Q3 Earnings

Nordic American Tankers Limited (NYSE:NAT) – Analysts at B. Riley lifted their Q3 2025 earnings per share (EPS) estimates for Nordic American Tankers in a note issued to investors on Thursday, October 16th. B. Riley analyst L. Burke now expects that the shipping company will earn $0.00 per share for the quarter, up from their prior forecast of ($0.01). The consensus estimate for Nordic American Tankers’ current full-year earnings is $0.24 per share. B. Riley also issued estimates for Nordic American Tankers’ FY2025 earnings at $0.03 EPS.

Other equities research analysts also recently issued research reports about the company. Wall Street Zen downgraded Nordic American Tankers from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. Weiss Ratings reiterated a “hold (c)” rating on shares of Nordic American Tankers in a research report on Wednesday, October 8th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a $3.00 price objective on shares of Nordic American Tankers in a research report on Thursday, August 28th. Two analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $3.00.

Nordic American Tankers Stock Performance

NAT opened at $3.55 on Monday. The company has a market capitalization of $750.65 million, a price-to-earnings ratio of 50.64 and a beta of -0.31. The company has a debt-to-equity ratio of 0.84, a current ratio of 2.33 and a quick ratio of 2.04. Nordic American Tankers has a 1-year low of $2.13 and a 1-year high of $3.59. The business has a 50 day moving average price of $3.17 and a two-hundred day moving average price of $2.84.

Nordic American Tankers (NYSE:NAT) last released its earnings results on Thursday, August 28th. The shipping company reported ($0.02) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). The firm had revenue of $40.15 million during the quarter, compared to analyst estimates of $53.35 million. Nordic American Tankers had a return on equity of 2.67% and a net margin of 7.58%.

Institutional Trading of Nordic American Tankers

A number of hedge funds have recently modified their holdings of the business. SBI Securities Co. Ltd. lifted its holdings in shares of Nordic American Tankers by 8.3% in the second quarter. SBI Securities Co. Ltd. now owns 44,932 shares of the shipping company’s stock valued at $118,000 after purchasing an additional 3,445 shares in the last quarter. Russell Investments Group Ltd. lifted its holdings in shares of Nordic American Tankers by 19.4% in the first quarter. Russell Investments Group Ltd. now owns 23,886 shares of the shipping company’s stock valued at $59,000 after purchasing an additional 3,875 shares in the last quarter. Sequoia Financial Advisors LLC lifted its holdings in shares of Nordic American Tankers by 33.7% in the second quarter. Sequoia Financial Advisors LLC now owns 15,865 shares of the shipping company’s stock valued at $42,000 after purchasing an additional 3,998 shares in the last quarter. Prospera Financial Services Inc lifted its holdings in shares of Nordic American Tankers by 21.4% in the second quarter. Prospera Financial Services Inc now owns 24,680 shares of the shipping company’s stock valued at $65,000 after purchasing an additional 4,343 shares in the last quarter. Finally, Osaic Holdings Inc. lifted its holdings in shares of Nordic American Tankers by 3.2% in the second quarter. Osaic Holdings Inc. now owns 164,701 shares of the shipping company’s stock valued at $433,000 after purchasing an additional 5,133 shares in the last quarter. Hedge funds and other institutional investors own 44.29% of the company’s stock.

Nordic American Tankers Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 29th. Stockholders of record on Friday, September 12th were issued a $0.10 dividend. The ex-dividend date was Friday, September 12th. This is an increase from Nordic American Tankers’s previous quarterly dividend of $0.07. This represents a $0.40 dividend on an annualized basis and a dividend yield of 11.3%. Nordic American Tankers’s dividend payout ratio is currently 571.43%.

About Nordic American Tankers

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.