
NAT Stock Forecast & Price Target
NAT Analyst Ratings
Bulls say
Nordic American Tankers Ltd. has strengthened its cash position significantly through a $150 million refinancing of its Beal Bank facility, increasing its cash reserves by nearly $80 million. Despite reporting an earnings loss, the company has raised its dividend to $0.10 per share, reflecting its commitment to shareholder returns, which represents the highest payout since the second quarter of 2024. Furthermore, expectations of improved realized time charter equivalent (TCE) rates, as the company continues to refine its fleet, contribute positively to the overall outlook for the stock.
Bears say
Nordic American Tankers Ltd reported a realized TCE of $26,880 per day, which fell short of expectations, indicating weaker revenue generation capabilities in a highly competitive market. The company experienced an adjusted EPS loss of $0.04, missing consensus estimates of $0.05, primarily due to adverse impacts from drydockings affecting revenue days. Additionally, while the breakeven EPS was reported, the reliance on a $7.1 million sale gain underscores the vulnerabilities in operational performance, further contributing to a negative outlook on the stock.
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
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