Nordic American TankerNAT
NAT
About: Nordic American Tankers Ltd owns and operates double hull crude oil tankers. It is an international tanker company that owns double-hull Suezmax tankers. It operates vessels in the spot market or on spot market-related charters pursuant to cooperative arrangements with third parties. The company's fleet consists of crude oil tankers, and all of its vessels are employed in the spot market. The company has only one type of vessel - Suezmax crude oil tankers. It operates in markets that are very competitive and based mainly on supply and demand.
Employees: 17
0
Funds holding %
of 7,425 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)
135% more call options, than puts
Call options by funds: $5.48M | Put options by funds: $2.33M
65% more first-time investments, than exits
New positions opened: 38 | Existing positions closed: 23
55% more repeat investments, than reductions
Existing positions increased: 82 | Existing positions reduced: 53
6% more funds holding
Funds holding: 194 [Q3] → 205 (+11) [Q4]
1.05% less ownership
Funds ownership: 39.7% [Q3] → 38.65% (-1.05%) [Q4]
34% less capital invested
Capital invested by funds: $305M [Q3] → $202M (-$103M) [Q4]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$3
17%
upside
Avg. target
$3
17%
upside
High target
$3
17%
upside
1 analyst rating
0 positive
0%
1 neutral
100%
0 negative
0%
Jefferies Omar Nokta 7% 1-year accuracy 4 / 56 met price target | 17%upside $3 | Hold Maintained | 28 Feb 2025 |
Financial journalist opinion
Based on 4 articles about NAT published over the past 30 days
Neutral
GlobeNewsWire
3 weeks ago
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Tuesday, April 8, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 150,000 shares at $2.40 per share. Yesterday he purchased 100,000 shares at $2.19.
Neutral
GlobeNewsWire
3 weeks ago
Nordic American Tankers Ltd (NYSE: NAT) – The Hansson family buys more shares
Monday, April 7, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.19 per share. He is now holding 4,400,000 shares.
Neutral
GlobeNewsWire
3 weeks ago
Nordic American Tankers Ltd (NYSE: NAT) – For shareholders/investors
Monday, April 7, 2025 Dear Shareholders and Investors, I wish personally to reassure our shareholders/investors that Nordic American is in a very strong position. In these volatile markets we have maneuvered conservatively, creating an upwards path for NAT.
Positive
Seeking Alpha
3 weeks ago
Nordic American Tankers Provides Steady Dividends With Upside Potential
Nordic American Tankers operates 21 Suezmax oil tankers, has paid dividends for 110 consecutive quarters, and is positioned to benefit from potential global growth. The company has navigated a decade of overcapacity and slow growth, optimizing its fleet and continuing dividends, with insiders buying shares during price declines. Rising geopolitical tensions and underinvestment in new tankers have increased demand for existing fleets, making NAT a strong contrarian investment with a ~10% dividend yield.
Neutral
GlobeNewsWire
1 month ago
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Tuesday, March 18, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.6368 per share. He is now holding 4,300,000 shares.
Neutral
GlobeNewsWire
1 month ago
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Friday, March 14, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.4975 per share. He is now holding 4,200,000 shares.
Neutral
GlobeNewsWire
1 month ago
Nordic American Tankers Ltd (NYSE: NAT) – The NAT fleet is expanding, providing room for continued dividend payments
Friday, March 14, 2025 Dear Shareholders and Investors, As previously communicated, we recently acquired a Sungdong (South-Korea) built suezmax tanker from a first-class owner. The vessel is expected to be delivered to NAT at the end of this month (March 2025).
Neutral
GlobeNewsWire
1 month ago
Nordic American Tankers Ltd (NYSE: NAT) – Non-Executive Vice Chairman of NAT, Alexander Hansson buys more shares
Tuesday, March 4, 2025 Dear Shareholders and Investors, Non-Executive Vice Chairman of NAT, Alexander Hansson, has today bought 100,000 shares at $2.45 per share. He is now holding 4,100,000 shares.
Neutral
GlobeNewsWire
2 months ago
Nordic American Tankers Ltd (NYSE: NAT) – Report as per December 31, 2024 – The direction is upwards. Dividend payments continue and are 6 cents this quarter
Friday, February 28, 2025 Dear Shareholders and Investors, Ninety day periods offer a short-term snapshot of a company, but it is more instructive to look at the bigger, longer-term picture. The direction of NAT is unquestionably upwards as we create room for profitable growth.
Positive
Seeking Alpha
2 months ago
Nordic American Tankers: Q4 Preview And 2025 Outlook
Nordic American Tankers' stock has declined by 26% since my last report, trending inline with weaker tanker rates. At current tanker rates, analyst estimates are likely too optimistic for 2025. Using more realistic assumptions, I believe NAT is fairly valued at 10x Fwd P/E. On the plus side, NAT's 6% dividend appears safe given current tanker rates. This could support the stock's valuation.
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