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Nordic American Tankers Limited

NAT

Last
$8.47
Day
-1.3%
1y
+160.0%
5y
+208.6%
52w
-1.5%
SPY YTD
+13.3%
XLE
+42.9%
Earnings
2026-11-2748d
EMA 21
7.98
EMA 50
7.42
EMA 200
5.95
20d high
-1.5%
5y high
-1.5%
5y range
98th
Website · 18 employees · Bermuda

Positions held

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Add it to see shares, cost, and P&L here.

Score
59
Hold
swing
Signal
Strong Buy
Target
$9.67
Stop
$8.04
Stop distance
5.1%
Target vs last
+14.2%

Bull / bear case

Site-generated summary from fundamentals, news, and score — not investment advice. As of 2026-10-08.

Bull case
  • Nordic American Tankers Limited is well-positioned in the oil and gas midstream sector, benefiting from a favorable industry cycle as global demand for energy transportation increases.
  • In the latest quarter, NAT reported a revenue increase of 2% compared to the prior quarter, reaching $79 million.
  • The company's operating margin expanded significantly to 70.4%, showcasing its strong operational efficiency.
Bear case
  • Despite its strengths, NAT has a high debt-to-equity ratio of 85.123, which raises concerns about financial stability.
  • The trailing P/E ratio of 14.17 indicates that the stock may be overvalued compared to its earnings potential.
  • In 2025, NAT's net income was only $12.271 million, highlighting challenges in profitability amidst fluctuating revenues.

Fundamentals

Market cap$1.82BEnterprise value$2.09BTrailing P/E14.54Forward P/E18.86
PEG1.21Price / book3.80Beta-0.52Dividend yield12.59%
Revenue growth97.5%Earnings growth—Gross margin53.2%Operating margin51.9%
Profit margin33.3%ROE25.7%ROA7.2%Debt / equity0.85
Current ratio3.27Free cash flow$72.57MAnalyst recommendationholdMean target$7.50
52w high$8.7152w low$3.10

Quarterly

2026-Q22026-Q12025-Q42025-Q32025-Q22025-Q1
Revenue$79.3M$77.5M$168M$45.7M$40.2M—
Op margin70.4%51.8%12.6%14.8%1.1%—
Net income$68.3M$46.3M$11.7M-$2.8M-$0.9M—
Gross margin64.0%61.5%16.9%30.3%17.0%—
Gross profit$50.7M$47.6M$28.3M$13.8M$6.8M—
Operating income$55.8M$40.2M$21.2M$6.8M$0.4M—
  • Revenue +2% vs prior quarter ($79M vs $78M).
  • Gross margin 64% (was 61.5% prior quarter).
  • Operating margin expanded to 70.4%.

Yearly (6y)

20252024202320222021
Revenue$292M$350M$392M$339M—
Op margin15.9%22.1%32.7%12.3%—
Net income$12.3M$46.6M$98.7M$15.1M—
Gross margin19.6%30.3%38.5%16.2%—
Gross profit$57.1M$106M$151M$55.0M—
Operating income$46.3M$77.3M$128M$41.9M—
Headline scan

No flags

• No distress or material-risk keywords in recent headlines (keyword scan only — not a guarantee).

News

NAT · daily+12.0% over 13 sessions
Close EMA21 EMA50 EMA200
7.297.668.048.418.782026-092026-092026-092026-092026-102026-102026-10
Quarterly · revenue, net income, margins
Revenue Net income Gross margin Op margin
-$3M$40M$83M$125M$168M0%35%70%2025-Q22025-Q32025-Q42026-Q12026-Q2