Nordic American Tankers (NYSE:NAT – Get Free Report) is projected to announce its Q3 2025 results before the market opens on Friday, November 28th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $52.8880 million for the quarter. Parties can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Friday, December 5, 2025 at 4:00 PM ET.
Nordic American Tankers (NYSE:NAT – Get Free Report) last announced its earnings results on Thursday, August 28th. The shipping company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). Nordic American Tankers had a net margin of 7.58% and a return on equity of 2.67%. The business had revenue of $40.15 million for the quarter, compared to analysts’ expectations of $53.35 million. On average, analysts expect Nordic American Tankers to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.
Nordic American Tankers Price Performance
Shares of Nordic American Tankers stock opened at $3.76 on Wednesday. The stock has a market cap of $795.13 million, a P/E ratio of 53.64 and a beta of -0.36. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.04 and a current ratio of 2.33. The stock’s fifty day moving average is $3.48 and its 200 day moving average is $3.06. Nordic American Tankers has a one year low of $2.13 and a one year high of $3.93.
Nordic American Tankers Increases Dividend
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the stock. Ausdal Financial Partners Inc. purchased a new position in Nordic American Tankers in the 3rd quarter valued at about $53,000. Focus Partners Wealth grew its position in Nordic American Tankers by 30.5% in the third quarter. Focus Partners Wealth now owns 18,924 shares of the shipping company’s stock worth $59,000 after acquiring an additional 4,424 shares during the period. BNP Paribas Financial Markets increased its position in shares of Nordic American Tankers by 68.9% during the 2nd quarter. BNP Paribas Financial Markets now owns 19,890 shares of the shipping company’s stock worth $52,000 after purchasing an additional 8,114 shares during the last quarter. CIBC Bancorp USA Inc. purchased a new stake in shares of Nordic American Tankers in the 3rd quarter valued at approximately $69,000. Finally, Franklin Resources Inc. raised its position in Nordic American Tankers by 41.2% in the second quarter. Franklin Resources Inc. now owns 23,501 shares of the shipping company’s stock valued at $62,000 after purchasing an additional 6,854 shares during the period. 44.29% of the stock is owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
A number of brokerages recently commented on NAT. Wall Street Zen lowered Nordic American Tankers from a “hold” rating to a “sell” rating in a research note on Saturday. Jefferies Financial Group restated a “hold” rating and set a $3.00 target price on shares of Nordic American Tankers in a research report on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nordic American Tankers in a research note on Wednesday, October 8th. Finally, Evercore ISI upped their target price on Nordic American Tankers from $2.50 to $3.00 and gave the stock an “in-line” rating in a report on Tuesday, October 28th. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target of $3.00.
Read Our Latest Report on Nordic American Tankers
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.
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