B. Riley Cuts Earnings Estimates for Nordic American Tankers

Nordic American Tankers Limited (NYSE:NAT) – Equities researchers at B. Riley dropped their Q3 2025 earnings per share (EPS) estimates for Nordic American Tankers in a research report issued on Thursday, August 28th. B. Riley analyst L. Burke now expects that the shipping company will post earnings of ($0.01) per share for the quarter, down from their previous forecast of $0.02. 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’ Q4 2025 earnings at $0.05 EPS, FY2025 earnings at $0.02 EPS and FY2026 earnings at $0.17 EPS.

Nordic American Tankers (NYSE:NAT) last posted its earnings results on Thursday, August 28th. The shipping company reported ($0.02) EPS for the quarter, missing the consensus estimate of $0.03 by ($0.05). Nordic American Tankers had a return on equity of 7.01% and a net margin of 17.70%.

NAT has been the topic of a number of other reports. Jefferies Financial Group reissued a “hold” rating and set a $3.00 price objective on shares of Nordic American Tankers in a report on Thursday. Wall Street Zen downgraded Nordic American Tankers from a “hold” rating to a “sell” rating in a research report on Saturday, July 26th. Two investment analysts have rated the stock with a Hold rating, According to MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $3.50.

Nordic American Tankers Price Performance

Nordic American Tankers stock opened at $2.99 on Friday. The business has a 50-day simple moving average of $2.79 and a 200 day simple moving average of $2.65. Nordic American Tankers has a 52 week low of $2.13 and a 52 week high of $3.83. The company has a quick ratio of 1.34, a current ratio of 1.54 and a debt-to-equity ratio of 0.53. The stock has a market cap of $632.07 million, a price-to-earnings ratio of 17.56 and a beta of -0.22.

Institutional Investors Weigh In On Nordic American Tankers

Institutional investors have recently bought and sold shares of the stock. Wealth Enhancement Advisory Services LLC boosted its holdings in Nordic American Tankers by 49.2% during the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 25,258 shares of the shipping company’s stock valued at $62,000 after acquiring an additional 8,326 shares during the period. CenterBook Partners LP boosted its holdings in Nordic American Tankers by 88.0% during the 1st quarter. CenterBook Partners LP now owns 3,135,619 shares of the shipping company’s stock valued at $7,714,000 after acquiring an additional 1,467,916 shares during the period. Bridgeway Capital Management LLC purchased a new stake in Nordic American Tankers during the 4th quarter valued at about $2,072,000. Raymond James Financial Inc. purchased a new stake in Nordic American Tankers during the 4th quarter valued at about $94,000. Finally, Millennium Management LLC boosted its holdings in Nordic American Tankers by 9.9% during the 4th quarter. Millennium Management LLC now owns 673,097 shares of the shipping company’s stock valued at $1,683,000 after acquiring an additional 60,391 shares during the period. 44.29% of the stock is currently owned by hedge funds and other institutional investors.

Nordic American Tankers Company Profile

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.