
NAT Stock Forecast & Price Target
NAT Analyst Ratings
Bulls say
Nordic American Tankers Ltd is poised for a favorable outlook due to its strategic fleet renewal initiatives, which are anticipated to enhance earnings power over time. The company's healthy net loan-to-value (LTV) ratio of 25% indicates financial stability, even as it operates a fleet averaging 13 years of age, slightly above the global Suezmax standard. Furthermore, a recent refinancing that increased available cash, alongside a rising dividend from $0.04 to $0.06 per share, reflects a commitment to returning value to shareholders while positioning the company for future growth.
Bears say
Nordic American Tankers Ltd has experienced a decline in earnings, as evidenced by its fourth-quarter EPS of $0.01, which fell short of consensus estimates and reflected a decrease from the previous quarter's EPS of $0.04. The company's EBITDA also disappointed, registering at $22.1 million compared to expectations of $30.1 million and highlighting a broader issue of a softer spot market that has negatively impacted its financial performance. Furthermore, the aging fleet, despite being well-maintained, continues to generate lower rate realizations than the industry average, contributing to a negative outlook for the company's ability to compete effectively in a highly competitive 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
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