Nordic American Tankers (NAT) Projected to Release Earnings on Thursday

Nordic American Tankers (NYSE:NAT) is expected to issue its Q2 2026 results before the market opens on Thursday, August 27th. Analysts expect the company to post earnings of $0.2467 per share and revenue of $97.1360 million for the quarter. Individuals can find conference call details on the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, September 3, 2026 at 4:00 PM ET.

Nordic American Tankers (NYSE:NAT) last issued its earnings results on Thursday, May 28th. The shipping company reported $0.17 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.16 by $0.01. Nordic American Tankers had a net margin of 24.19% and a return on equity of 9.16%. The firm had revenue of $77.51 million during the quarter, compared to analysts’ expectations of $81.86 million. On average, analysts expect Nordic American Tankers to post $1 EPS for the current fiscal year and $0 EPS for the next fiscal year.

Nordic American Tankers Price Performance

NYSE:NAT opened at $6.99 on Tuesday. Nordic American Tankers has a one year low of $2.96 and a one year high of $7.20. The company has a debt-to-equity ratio of 0.83, a quick ratio of 2.75 and a current ratio of 3.00. The firm has a market cap of $1.48 billion, a price-to-earnings ratio of 25.88 and a beta of -0.57. The firm’s fifty day moving average is $6.26 and its two-hundred day moving average is $5.71.

Nordic American Tankers Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 24th. Shareholders of record on Wednesday, June 10th were paid a dividend of $0.22 per share. This represents a $0.88 dividend on an annualized basis and a dividend yield of 12.6%. The ex-dividend date was Wednesday, June 10th. This is an increase from Nordic American Tankers’s previous quarterly dividend of $0.17. Nordic American Tankers’s dividend payout ratio (DPR) is 325.93%.

Wall Street Analysts Forecast Growth

Separately, Wall Street Zen cut Nordic American Tankers from a “strong-buy” rating to a “buy” rating in a report on Sunday, July 26th. Two equities research analysts have rated the stock with a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $4.00.

Institutional Investors Weigh In On Nordic American Tankers

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Stokes Family Office LLC acquired a new position in shares of Nordic American Tankers in the 4th quarter valued at $37,000. Parkside Financial Bank & Trust boosted its holdings in Nordic American Tankers by 2,800.0% during the fourth quarter. Parkside Financial Bank & Trust now owns 10,875 shares of the shipping company’s stock worth $37,000 after buying an additional 10,500 shares in the last quarter. SmartHarvest Portfolios LLC acquired a new stake in Nordic American Tankers during the fourth quarter valued at $40,000. Cibc World Markets Corp acquired a new stake in Nordic American Tankers during the fourth quarter valued at $47,000. Finally, BNP Paribas Financial Markets increased its holdings in Nordic American Tankers by 68.9% in the second quarter. BNP Paribas Financial Markets now owns 19,890 shares of the shipping company’s stock valued at $52,000 after buying an additional 8,114 shares in the last quarter. Institutional investors and hedge funds own 44.29% of the company’s stock.

Nordic American Tankers Company Profile

Nordic American Tankers Limited is a Bermuda-based shipping company specializing in the ownership and operation of Suezmax crude oil tankers. The company’s fleet is employed on the spot and period charter markets, transporting crude oil across major global trade routes. By focusing on commercially flexible employment strategies, Nordic American Tankers seeks to optimize vessel utilization and generate stable income for shareholders.

Founded in 1995 and headquartered in Hamilton, Bermuda, Nordic American Tankers maintains technical and commercial management arrangements through established ship-management partners.