Nordic American Tankers (NYSE:NAT) Issues Earnings Results

Posted by Francis Steltz on May 30th, 2026

Nordic American Tankers (NYSE:NAT – Get Free Report) released its earnings results on Thursday. The shipping company reported $0.17 earnings per share for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01, Zacks reports. The firm had revenue of $77.51 million for the quarter, compared to analysts’ expectations of $80.64 million. Nordic American Tankers had a net margin of 24.19% and a return on equity of 9.12%.

Nordic American Tankers Stock Performance

NYSE NAT opened at $5.14 on Friday. Nordic American Tankers has a 1 year low of $2.55 and a 1 year high of $6.34. The company has a debt-to-equity ratio of 0.87, a current ratio of 2.24 and a quick ratio of 1.94. The stock has a market capitalization of $1.09 billion, a PE ratio of 19.04 and a beta of -0.54. The company’s 50 day simple moving average is $5.67 and its two-hundred day simple moving average is $4.69.

Nordic American Tankers Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th will be paid a $0.22 dividend. The ex-dividend date is Wednesday, June 10th. This represents a $0.88 annualized dividend and a yield of 17.1%. This is a boost from Nordic American Tankers’s previous quarterly dividend of $0.17. Nordic American Tankers’s dividend payout ratio is currently 971.43%.

Institutional Trading of Nordic American Tankers

Several institutional investors and hedge funds have recently bought and sold shares of NAT. Cerity Partners LLC grew its holdings in shares of Nordic American Tankers by 4.7% during the 4th quarter. Cerity Partners LLC now owns 54,470 shares of the shipping company’s stock valued at $187,000 after purchasing an additional 2,449 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in shares of Nordic American Tankers by 8.3% during the 4th quarter. Mercer Global Advisors Inc. ADV now owns 44,606 shares of the shipping company’s stock valued at $153,000 after purchasing an additional 3,433 shares during the last quarter. Franklin Resources Inc. grew its holdings in shares of Nordic American Tankers by 15.9% during the 3rd quarter. Franklin Resources Inc. now owns 27,236 shares of the shipping company’s stock valued at $86,000 after purchasing an additional 3,735 shares during the last quarter. Focus Partners Wealth grew its holdings in shares of Nordic American Tankers by 30.5% during the 3rd quarter. Focus Partners Wealth now owns 18,924 shares of the shipping company’s stock valued at $59,000 after purchasing an additional 4,424 shares during the last quarter. Finally, Osaic Holdings Inc. grew its holdings in shares of Nordic American Tankers by 3.2% during the 2nd quarter. Osaic Holdings Inc. now owns 164,701 shares of the shipping company’s stock valued at $433,000 after purchasing an additional 5,133 shares during the last quarter. 44.29% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently commented on NAT shares. Wall Street Zen upgraded shares of Nordic American Tankers from a “hold” rating to a “buy” rating in a research note on Saturday. Evercore cut shares of Nordic American Tankers from an “in-line” rating to an “underperform” rating and set a $4.50 price target on the stock. in a research note on Tuesday, April 21st. Two investment analysts have rated the stock with a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $4.00.

Read Our Latest Stock Report on NAT

More Nordic American Tankers News

Here are the key news stories impacting Nordic American Tankers this week:

Positive Sentiment: Nordic American Tankers said Vice-Chairman Alexander Hansson bought 300,000 shares at $5.16 each, lifting his holdings to 5,855,000 shares and the Hansson family’s stake to 11,355,000 shares, or 5.4% of outstanding shares. Insider buying can signal management confidence in the company’s outlook. Article Title
Positive Sentiment: The company also raised its quarterly dividend to $0.22 per share from $0.17, a 29.4% increase, signaling stronger cash generation and a more attractive yield for income-focused investors.
Positive Sentiment: NAT reported quarterly earnings of $0.17 per share, topping analyst expectations, and management said market conditions are now the best in decades for the tanker business, which supports a constructive outlook for rates and profitability. Article Title
Neutral Sentiment: A separate earnings snapshot reiterated the quarter’s results and the dividend announcement, reinforcing the same upbeat narrative without adding much new information. Article Title
Negative Sentiment: Revenue for the quarter came in below estimates, so while earnings beat expectations, the top line was softer than analysts had forecast.

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.