Nordic American Tankers stock | 2026 rating, price & analyst opinions

Nordic American Tank...

NYSE:NAT

$ 5,71

+ $0,05 (0,88%)

5,71 $

+$0,05 (0,88%)

End-of-day quote: 03/30/2026

Nordic American Tankers Stock Value

The current analyst recommendation for NYSE:NAT is: Outperform.

Outperform

Nordic American Tankers Company Info

EPS Growth 5Y

38,75%

Market Cap

$1,21 B

Long-Term Debt

$0,39 B

Quarterly earnings

05/30/2026 (E)

Dividend

$0,47

Dividend Yield

8,30%

Founded

1995

Industry

Energy

Country

Bermuda

Website

Nordic American Tankers

ISIN Number

BMG657731060

Website

http://www.nat.bm

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$6,25

9.46%

Last Update: 03/31/2026

Analysts: 2

Highest Price Target $7,50

Average Price Target $6,25

Lowest Price Target $5,00

In the last five quarters, Nordic American Tankers’s Price Target has risen from $2,77 to $3,50 - a 26,35% increase. Two analysts predict that Nordic American Tankers’s share price will increase in the coming year, reaching $6,25. This would represent an increase of 9,46%.

Top growth stocks in the energy sector (5Y.)

What does Nordic American Tankers do?

Nordic American Tankers Limited operates as an international tanker company focusing solely on owning, operating and chartering of Suezmax tankers. Subseqent to December 31, 2024, the company has sold one of its oldest vessels, 2003 build Nordic Apollo, purchased two 2016-build vessels with delivery during the first half of 2025 and declared purchase option for the two 2018-build vessels Nordic Aquarius and Nordic Cygnus. The vessels in the company's fleet are homogenous and interchangeable, w...

Nordic American Tankers Limited operates as an international tanker company focusing solely on owning, operating and chartering of Suezmax tankers.

Subseqent to December 31, 2024, the company has sold one of its oldest vessels, 2003 build Nordic Apollo, purchased two 2016-build vessels with delivery during the first half of 2025 and declared purchase option for the two 2018-build vessels Nordic Aquarius and Nordic Cygnus.

The vessels in the company's fleet are homogenous and interchangeable, which is a business strategy the company refers to as the 'Nordic American System'.

The Nordic American System is transparent and predictable with the key elements of ships, people and capital. Further, the company is a dividend company with the objective of having a strong balance sheet and low General and Administrative costs. Under the Nordic American System, the company is focusing on close customer relationships and serving the Big Oil companies with a top-quality fleet.

All tankers in the company's fleet are Suezmax vessels, which have a carrying capacity of one million barrels of oil.

On February 6, 2025, the company signed a new agreement with Beal Bank/CLMG for a five-year Senior Secured Credit Agreement with new terms, referred to as the Amended and Restated Agreement.

Fleet

The company’s fleet as of December 31, 2024, consisted of 20 Suezmax crude oil tankers, of which the vast majority have been built in South Korea. In 2023, the company have expanded its fleet from 19 to 20 vessels after acquiring the 2016-built vessel, Nordic Hawk. The majority of the company’s vessels are employed in the spot market. The two vessels built in 2022 have been chartered out on six-year time charter agreements that expire in 2028. Further, as of December 31, 2024, the company has one vessel chartered out on a five-year time charter agreement expiring in late 2029 and one vessel on a charter that expires in November 2026. Two vessels are currently on a charter expiring late 2025. Occasionally, the company also charter out vessels in its fleet on shorter term time charter agreements. The vessels in the company’s fleet are considered homogenous and interchangeable as they have approximately the same freight capacity and ability to transport the same type of cargo.

Environmental and Other Regulations in the Shipping Industry

A variety of government and private entities subject the company's vessels to both scheduled and unscheduled inspections. These entities include the local port authorities (applicable national authorities such as the United States Coast Guard ('USCG'), harbor master or equivalent), classification societies, flag state administrations (countries of registry) and charterers, particularly terminal operators. Certain of these entities require the company to obtain permits, licenses, certificates and other authorizations for the operation of the company's vessels.

In September of 1997, the IMO (International Maritime Organization) adopted Annex VI to MARPOL (International Convention for the Prevention of Marine Pollution from Ships) to address air pollution from vessels. Effective May 2005, Annex VI sets limits on sulfur oxide and nitrogen oxide emissions from all commercial vessel exhausts and prohibits 'deliberate emissions' of ozone depleting substances (such as halons and chlorofluorocarbons), emissions of volatile compounds from cargo tanks and the shipboard incineration of specific substances. Annex VI also includes a global cap on the sulfur content of fuel oil and allows for special areas to be established with more stringent controls on sulfur emissions, as explained below. Emissions of 'volatile organic compounds' from certain vessels, and the shipboard incineration (from incinerators installed after January 1, 2000) of certain substances (such as polychlorinated biphenyls, or 'PCBs') are also prohibited.

Under Chapter IX of the SOLAS Convention (International Convention for the Safety of Life at Sea of 1974), or the International Safety Management Code for the Safe Operation of Ships and for Pollution Prevention (the 'ISM Code'), the company's operations are also subject to environmental standards and requirements.

All of the company's vessels are in possession of a CLC (International Convention on Civil Liability for Oil Pollution Damage of 1969) State issued certificate attesting that the required insurance coverage is in force.

The company has obtained Anti-fouling System Certificates for all of the company's vessels that are subject to the Anti-fouling Convention.

Both the United States (U.S.) Oil Pollution Act of 1990 (OPA) and the Comprehensive Environmental Response, Compensation, and Liability Act (CERCLA) impact the company's operations.

The company complies with the USCG's financial responsibility regulations by providing applicable certificates of financial responsibility.

The EPA and the USCG (the United States Coast Guard) have also enacted rules relating to ballast water discharge, compliance with which requires the installation of equipment on the company's vessels to treat ballast water before it is discharged or the implementation of other port facility disposal arrangements or procedures at potentially substantial costs, and/or otherwise restrict the company's vessels from entering the U.S. Waters.

History

The company was founded in 1995. The company was incorporated in 1995. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in 2011.

Nordic American Tankers Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry:** Seaborne transportation of crude oil **TOP 3 Markets:** 1. **USA:** approximately 40% 2. **China:** approximately 25% 3. **Europe:** approximately 20% Nordic American Tankers Limited (NAT) generates its revenues mainly from the seaborne transportation of crude oil. The compa...

At which locations are the company’s products manufactured?

**Production:** Nordic American Tankers Limited (NYSE:NAT) does not produce physical products. Nordic American Tankers Limited is a shipping company specializing in operating crude oil tankers. The company owns and operates a fleet of Suezmax tankers primarily used for transporting crude oil. As a...

What strategy does Nordic American Tankers pursue for future growth?

**Fleet Expansion:** 10 new ships by 2026 **Cost Reduction:** 5% reduction in operating costs (2025) **Dividend Policy:** Maintain constant dividend payments Nordic American Tankers Limited (NAT) pursues a growth strategy based on expanding its fleet. The company plans to put ten new ships in...

Which raw materials are imported and from which countries?

**Main commodity:** Crude oil **Countries of origin:** Saudi Arabia, Russia, United Arab Emirates, Nigeria Nordic American Tankers Limited (NYSE:NAT) is a company specializing in the transportation of crude oil. The main commodities transported by the company are various types of crude oil. These...

How strong is the company’s competitive advantage?

**Fleet strength:** 24 Suezmax tankers (2026) **Market share:** Approx. 3% in the Suezmax segment (estimated, 2026) **Dividend yield:** 8.5% (2026) Nordic American Tankers Limited (NAT) has a moderate competitive advantage in the Suezmax tanker segment. The company benefits from a specialized f...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 35% (estimated, 2026) **Insider Buys/Sells:** No significant transactions in the last year (estimated, 2026) The institutional investor share in Nordic American Tankers Limited is approximately 35%. This indicates a moderate interest from institutional investors,...

What percentage market share does Nordic American Tankers have?

**Market share of Nordic American Tankers Limited (NAT):** Estimated 3-5% (2026) **Top competitors and their market shares:** 1. **Frontline Ltd. (NYSE:FRO):** 7-10% 2. **Euronav NV (NYSE:EURN):** 6-9% 3. **Teekay Tankers Ltd. (NYSE:TNK):** 5-8% 4. **DHT Holdings, Inc. (NYSE:DHT):** 4-6% 5. **Scorp...

Is Nordic American Tankers stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **Fleet Utilization:** 92% (2025) **Dividend Yield:** 9.0% (2025) Nordic American Tankers Limited recorded a revenue growth of 8.5% in 2025, attributed to high demand for tanker services and efficient fleet utilization of 92%. This utilization indicates that the comp...

Does Nordic American Tankers pay a dividend – and how reliable is the payout?

**Dividend yield:** Estimated around 8% (2026) **Dividend history:** Fluctuating, dependent on market conditions Nordic American Tankers Limited (NYSE:NAT) is known for its dividend payments, which, however, heavily depend on market conditions and oil transportation prices. NAT's dividend yi...

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Nordic American Tankers Stock Value

Nordic American Tankers Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Nordic American Tankers do?

Nordic American Tankers Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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Explore

Nordic American Tankers Stock Value

Nordic American Tankers Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the energy sector (5Y.)

What does Nordic American Tankers do?

Nordic American Tankers Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.