Nordic American Tankers (NYSE:NAT) Reaches New 1-Year High – Should You Buy?

09 Apr 2026, 06:38 by Jessica Moore · The Cerbat Gem

Nordic American Tankers Limited (NYSE:NAT – Get Free Report) reached a new 52-week high on Tuesday . The company traded as high as $6.34 and last traded at $6.13, with a volume of 764600 shares. The stock had previously closed at $6.18.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c+)” rating on shares of Nordic American Tankers in a report on Monday, December 29th. Wall Street Zen upgraded Nordic American Tankers from a “sell” rating to a “hold” rating in a report on Saturday, January 17th. Three analysts have rated the stock with a Hold rating, According to data from MarketBeat, Nordic American Tankers presently has an average rating of “Hold” and an average target price of $3.25.

Check Out Our Latest Stock Analysis on NAT

Nordic American Tankers Trading Up 0.9%

The firm has a market capitalization of $1.27 billion, a PE ratio of 85.66 and a beta of -0.52. The company has a current ratio of 2.24, a quick ratio of 1.94 and a debt-to-equity ratio of 0.87. The business has a fifty day moving average price of $5.17 and a two-hundred day moving average price of $4.14.

Nordic American Tankers (NYSE:NAT – Get Free Report) last posted its earnings results on Friday, February 27th. The shipping company reported $0.06 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.09 by ($0.03). Nordic American Tankers had a return on equity of 2.47% and a net margin of 6.39%.The firm had revenue of $58.76 million for the quarter, compared to analyst estimates of $69.43 million. Analysts expect that Nordic American Tankers Limited will post 0.24 EPS for the current fiscal year.

Nordic American Tankers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 24th. Investors of record on Tuesday, March 10th were paid a dividend of $0.17 per share. This represents a $0.68 annualized dividend and a yield of 11.3%. The ex-dividend date of this dividend was Tuesday, March 10th. This is a positive change from Nordic American Tankers’s previous quarterly dividend of $0.13. Nordic American Tankers’s dividend payout ratio is currently 971.43%.

Hedge Funds Weigh In On Nordic American Tankers

Several hedge funds have recently bought and sold shares of NAT. Vanguard Personalized Indexing Management LLC acquired a new position in Nordic American Tankers during the 3rd quarter worth about $32,000. BlueStem Wealth Partners LLC acquired a new position in Nordic American Tankers during the 3rd quarter worth about $32,000. HBK Sorce Advisory LLC acquired a new position in Nordic American Tankers during the 3rd quarter worth about $33,000. Torren Management LLC acquired a new position in Nordic American Tankers during the 4th quarter worth about $34,000. Finally, Caprock Group LLC acquired a new position in Nordic American Tankers during the 3rd quarter worth about $36,000. Institutional investors and hedge funds own 44.29% of the company’s stock.

Nordic American Tankers Company Profile

(Get Free Report)

Nordic American Tankers Limited is a Bermuda-based shipping company specializing in the ownership and operation of Suezmax crude oil tankers. The company’s fleet is employed on the spot and period charter markets, transporting crude oil across major global trade routes. By focusing on commercially flexible employment strategies, Nordic American Tankers seeks to optimize vessel utilization and generate stable income for shareholders.