02 June, 2017
Nordic American Tankers Limited on 05/08/2017 reported its EPS as $0.15 with the analysts projecting the EPS of the stock as $0.13. OMERS ADMINISTRATION Corp acquired a new stake in Nordic American Tanker during the third quarter worth about $130,000. Raymond James Financial Services Advisors Inc. increased its position in shares of Nordic American Tanker by 7.9% in the fourth quarter.
According to the Recommendation Trends of the stock polled by Finviz, the company has a consensus recommendation of 3.6 out of the scale from 1 to 5 where 1 stands for Buy and 5 means Sell. Finally, Airain ltd acquired a new position in shares of Nordic American Tanker during the first quarter worth approximately $126,000. Guggenheim Capital LLC now owns 533,046 shares of the shipping company's stock worth $4,477,000 after buying an additional 110,172 shares during the period. Metropolitan Life Insurance Co. Van Den Berg Management I Inc. owned 1.09% of Nordic American Tanker at the end of the most recent quarter. The shipping company reported ($0.01) EPS for the quarter, missing the consensus estimate of $0.03 by $0.04.
Currently, the market capitalization of Nordic American Tankers Limited (NAT) is 607.74 Million.
Turning to Public Joint-Stock Company Mobile TeleSystems (NYSE:MBT), its shares were trading at $8.81 a retreat of $-0.36, on the trading floor. The company has a 50 day moving average of $7.49 and a 200-day moving average of $8.25. NY increased its position in shares of Nordic American Tanker by 9.8% in the fourth quarter.
The share price of Nordic American Tankers Limited (NYSE:NAT) was up +5.49% during the last trading session, with a day high of 6.02. The company beat the analyst EPS Estimate with the difference of $0.02.
01/16/2015 - Nordic American Tankers Limited had its "equal weight" rating reiterated by analysts at Evercore ISI. The firm had revenue of $55.20 million for the quarter, compared to the consensus estimate of $55.53 million. Nordic American Tanker's revenue was down 28.0% compared to the same quarter a year ago.
Stock is now moving with a negative distance from the 200 day simple moving average of approximately -32.21%, and has a poor year to date (YTD) performance of -29.05% which means the stock is constantly subtracting to its value from the previous fiscal year end price. Shareholders of record on Monday, May 22nd will be paid a $0.20 dividend. The ex-dividend date of this dividend is Thursday, May 18th. This represents a $0.80 annualized dividend and a yield of 13.42%. Nordic American Tanker's dividend payout ratio (DPR) is presently 210.53%. Nordic American Tanker has a 1-year low of $5.47 and a 1-year high of $16.07. If you are reading this news story on another site, it was illegally copied and reposted in violation of USA and worldwide trademark & copyright laws. The correct version of this article can be viewed at https://transcriptdaily.com/2017/05/31/teachers-advisors-llc-has-1-38-million-stake-in-nordic-american-tanker-ltd-nat.html.
NAT has been the topic of several recent research reports. The rating was downgraded by Jefferies to "Underperform" on Tuesday, May 10. Jefferies Group LLC reaffirmed a "sell" rating and issued a $5.00 price objective (down from $7.00) on shares of Nordic American Tanker in a report on Monday. The firm has "Sell" rating given on Monday, May 8 by Maxim Group.
While having a peek at profitability ratios Nordic American Tanker Shipping Ltd (NYSE:NAT) has trailing twelve month gross margin at 42.3%, its trailing twelve month operating margin stands at 14.9% whereas its trailing twelve month net profit margin spots at -2.3%. The stock has "Underperform" rating by Jefferies on Wednesday, July 27. Four investment analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the stock. Below is a list of Nordic American Tanker Ltd (NYSE:NAT) latest ratings and price target changes.
Nordic American Tankers Limited is an global tanker company. The Firm owns approximately 26 vessels, including approximately two new buildings under construction, of approximately 156,000 deadweight tonnage each. The Company's Suezmaxes tankers can carry over one million barrels of oil.
