
NAT Stock Forecast & Price Target
NAT Analyst Ratings
Bulls say
Nordic American Tankers Ltd significantly improved its cash position by almost $80 million through a recent $150 million refinancing, utilizing only $72 million for debt retirement. Despite reporting an earnings loss, the company increased its dividend to $0.10 per share, marking its highest payout since 2Q24 and reflecting a commitment to shareholder returns amidst a challenging earnings environment. Furthermore, expectations for improved realized TCE rates as the company refines its fleet indicate potential for enhanced revenue generation in the future.
Bears say
Nordic American Tankers Ltd's financial performance has raised concerns, particularly highlighted by its realized Time Charter Equivalent (TCE) rate of $26,880 per day, which fell below market expectations. The company reported breakeven earnings per share (EPS), but after excluding a $7.1 million gain from a vessel sale, the adjusted EPS reflected a loss of $0.04, which was below both consensus estimates and the company's prior expectations. Furthermore, challenges such as drydocking have adversely affected the number of revenue days, emphasizing the competitive pressures and operational vulnerabilities within the tanker market.
This aggregate rating is based on analysts' research of Nordic American Tankers and is not a guaranteed prediction by Public.com or investment advice.
NAT Analyst Forecast & Price Prediction
Start investing in NAT
Order type
Buy in
Order amount
Est. shares
0 shares