Nordic American Tankers (NAT) Expected to Announce Earnings on Friday

Nordic American Tankers (NYSE:NATGet Free Report) is anticipated to release its Q3 2025 results before the market opens on Friday, November 28th. Analysts expect the company to announce earnings of $0.01 per share and revenue of $52.8880 million for the quarter. Parties can check the company’s upcoming Q3 2025 earningsummary page for the latest details on the call scheduled for Friday, December 5, 2025 at 4:00 PM ET.

Nordic American Tankers (NYSE:NATGet Free Report) last announced its earnings results on Thursday, August 28th. The shipping company reported ($0.02) EPS for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.05). Nordic American Tankers had a return on equity of 2.67% and a net margin of 7.58%.The firm had revenue of $40.15 million during the quarter, compared to the consensus estimate of $53.35 million. On average, analysts expect Nordic American Tankers to post $0 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nordic American Tankers Stock Up 0.1%

NYSE:NAT opened at $3.77 on Thursday. The company’s 50-day simple moving average is $3.49 and its 200-day simple moving average is $3.06. The company has a debt-to-equity ratio of 0.84, a quick ratio of 2.04 and a current ratio of 2.33. Nordic American Tankers has a fifty-two week low of $2.13 and a fifty-two week high of $3.93. The stock has a market capitalization of $797.24 million, a P/E ratio of 53.79 and a beta of -0.36.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on NAT shares. Evercore ISI raised their target price on shares of Nordic American Tankers from $2.50 to $3.00 and gave the company an “in-line” rating in a research note on Tuesday, October 28th. Jefferies Financial Group reissued a “hold” rating and issued a $3.00 price objective on shares of Nordic American Tankers in a research report on Thursday, August 28th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Nordic American Tankers in a research report on Wednesday, October 8th. Finally, Wall Street Zen cut Nordic American Tankers from a “hold” rating to a “sell” rating in a research note on Saturday, November 22nd. Three analysts have rated the stock with a Hold rating, Based on data from MarketBeat.com, Nordic American Tankers presently has an average rating of “Hold” and a consensus price target of $3.00.

Check Out Our Latest Stock Report on Nordic American Tankers

Institutional Trading of Nordic American Tankers

Hedge funds and other institutional investors have recently made changes to their positions in the business. Millennium Management LLC lifted its position in Nordic American Tankers by 108.3% during the third quarter. Millennium Management LLC now owns 2,429,423 shares of the shipping company’s stock valued at $7,628,000 after purchasing an additional 1,263,228 shares during the period. UBS Group AG lifted its holdings in shares of Nordic American Tankers by 83.9% in the 3rd quarter. UBS Group AG now owns 2,277,830 shares of the shipping company’s stock valued at $7,152,000 after buying an additional 1,039,353 shares during the period. Norges Bank purchased a new stake in shares of Nordic American Tankers in the second quarter worth about $1,264,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Nordic American Tankers by 9.9% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 4,754,688 shares of the shipping company’s stock worth $12,505,000 after purchasing an additional 427,769 shares during the period. Finally, Bridgeway Capital Management LLC increased its holdings in Nordic American Tankers by 49.7% in the second quarter. Bridgeway Capital Management LLC now owns 1,268,265 shares of the shipping company’s stock valued at $3,336,000 after buying an additional 421,326 shares in the last quarter. Institutional investors and hedge funds own 44.29% of the company’s stock.

About Nordic American Tankers

(Get Free Report)

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 20 Suezmax crude oil tankers. The company was incorporated in 1995 and is headquartered in Hamilton, Bermuda.

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Earnings History for Nordic American Tankers (NYSE:NAT)

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