Nordic American Tankers (NYSE:NAT) versus Global Ship Lease (NYSE:GSL) Financial Survey

Nordic American Tankers (NYSE:NATGet Free Report) and Global Ship Lease (NYSE:GSLGet Free Report) are both small-cap transportation companies, but which is the superior investment? We will contrast the two companies based on the strength of their valuation, dividends, profitability, risk, earnings, analyst recommendations and institutional ownership.

Insider & Institutional Ownership

44.3% of Nordic American Tankers shares are owned by institutional investors. Comparatively, 50.1% of Global Ship Lease shares are owned by institutional investors. 2.9% of Nordic American Tankers shares are owned by insiders. Comparatively, 7.4% of Global Ship Lease shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Nordic American Tankers and Global Ship Lease, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nordic American Tankers 1 2 0 0 1.67
Global Ship Lease 0 1 3 1 3.00

Nordic American Tankers currently has a consensus target price of $4.00, indicating a potential downside of 25.09%. Global Ship Lease has a consensus target price of $46.50, indicating a potential upside of 23.70%. Given Global Ship Lease’s stronger consensus rating and higher probable upside, analysts clearly believe Global Ship Lease is more favorable than Nordic American Tankers.

Profitability

This table compares Nordic American Tankers and Global Ship Lease’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Nordic American Tankers 6.39% 2.47% 1.28%
Global Ship Lease 50.01% 21.59% 13.63%

Valuation & Earnings

This table compares Nordic American Tankers and Global Ship Lease”s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Nordic American Tankers $182.54 million 6.19 $12.27 million $0.07 76.29
Global Ship Lease $766.45 million 1.76 $416.45 million $10.53 3.57

Global Ship Lease has higher revenue and earnings than Nordic American Tankers. Global Ship Lease is trading at a lower price-to-earnings ratio than Nordic American Tankers, indicating that it is currently the more affordable of the two stocks.

Risk & Volatility

Nordic American Tankers has a beta of -0.54, suggesting that its stock price is 154% less volatile than the S&P 500. Comparatively, Global Ship Lease has a beta of 0.96, suggesting that its stock price is 4% less volatile than the S&P 500.

Dividends

Nordic American Tankers pays an annual dividend of $0.68 per share and has a dividend yield of 12.7%. Global Ship Lease pays an annual dividend of $2.50 per share and has a dividend yield of 6.7%. Nordic American Tankers pays out 971.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Global Ship Lease pays out 23.7% of its earnings in the form of a dividend. Nordic American Tankers has increased its dividend for 1 consecutive years and Global Ship Lease has increased its dividend for 2 consecutive years.

Summary

Global Ship Lease beats Nordic American Tankers on 15 of the 18 factors compared between the two stocks.

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.

About Global Ship Lease

(Get Free Report)

Global Ship Lease, Inc., together with its subsidiaries, engages in owning and chartering of containerships under fixed-rate charters to container shipping companies worldwide. As of March 11, 2024, it owned 68 mid-sized and smaller containerships, ranging from 2,207 to 11,040 twenty-foot equivalent unit (TEU), with an aggregate capacity of 375,406 TEU. The company was founded in 2007 and is based in Athens, Greece.

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