Nordic American Tankers (NYSE:NAT) Hits New 12-Month High – Time to Buy?

Posted by Geri Gentry on Aug 20th, 2026

Nordic American Tankers Limited (NYSE:NAT – Get Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $7.10 and last traded at $7.0210, with a volume of 2612567 shares trading hands. The stock had previously closed at $6.93.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen lowered Nordic American Tankers from a “strong-buy” rating to a “buy” rating in a research report on Sunday, July 26th. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Nordic American Tankers has a consensus rating of “Reduce” and an average target price of $4.00.

Read Our Latest Research Report on NAT

Nordic American Tankers Price Performance

The company has a 50 day simple moving average of $6.17 and a 200-day simple moving average of $5.65. The stock has a market cap of $1.49 billion, a price-to-earnings ratio of 26.00 and a beta of -0.57. The company has a current ratio of 3.00, a quick ratio of 2.75 and a debt-to-equity ratio of 0.83.

Nordic American Tankers (NYSE:NAT – Get Free Report) last posted its quarterly earnings data on Thursday, May 28th. The shipping company reported $0.17 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.01. The company had revenue of $77.51 million during the quarter, compared to analysts’ expectations of $81.86 million. Nordic American Tankers had a return on equity of 9.16% and a net margin of 24.19%. Research analysts expect that Nordic American Tankers Limited will post 0.58 EPS for the current year.

Nordic American Tankers Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were paid a $0.22 dividend. This represents a $0.88 annualized dividend and a yield of 12.5%. The ex-dividend date was Wednesday, June 10th. This is a positive change from Nordic American Tankers’s previous quarterly dividend of $0.17. Nordic American Tankers’s dividend payout ratio (DPR) is presently 325.93%.

Hedge Funds Weigh In On Nordic American Tankers

Large investors have recently bought and sold shares of the company. Public Employees Retirement System of Ohio acquired a new stake in shares of Nordic American Tankers in the second quarter valued at approximately $30,000. FNY Investment Advisers LLC acquired a new position in Nordic American Tankers during the second quarter worth $32,000. Torren Management LLC acquired a new position in Nordic American Tankers during the fourth quarter worth $34,000. ROI Financial Advisors LLC bought a new position in Nordic American Tankers in the fourth quarter valued at $36,000. Finally, Parkside Financial Bank & Trust grew its position in Nordic American Tankers by 2,800.0% in the fourth quarter. Parkside Financial Bank & Trust now owns 10,875 shares of the shipping company’s stock valued at $37,000 after purchasing an additional 10,500 shares in the last quarter. 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.

Founded in 1995 and headquartered in Hamilton, Bermuda, Nordic American Tankers maintains technical and commercial management arrangements through established ship-management partners.