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

Nordic American Tankers (NYSE:NAT) will likely be releasing its Q1 2026 results before the market opens on Thursday, June 4th. Analysts expect Nordic American Tankers to post earnings of $0.16 per share and revenue of $81.8560 million for the quarter. Interested persons may visit the the company’s upcoming Q1 2026 earning results page for the latest details on the call scheduled for Friday, June 5, 2026 at 4:00 PM ET.

Nordic American Tankers (NYSE:NAT) last issued its quarterly earnings results on Friday, February 27th. The shipping company reported $0.06 earnings per share for the quarter, missing analysts’ consensus estimates of $0.09 by ($0.03). Nordic American Tankers had a return on equity of 2.47% and a net margin of 6.39%.The business had revenue of $58.76 million for the quarter, compared to analyst estimates of $69.43 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 Performance

Shares of Nordic American Tankers stock opened at $5.22 on Thursday. The company has a current ratio of 2.24, a quick ratio of 1.94 and a debt-to-equity ratio of 0.87. The business has a 50-day moving average price of $5.68 and a two-hundred day moving average price of $4.68. Nordic American Tankers has a 1-year low of $2.55 and a 1-year high of $6.34. The company has a market cap of $1.11 billion, a P/E ratio of 74.64 and a beta of -0.54.

Wall Street Analyst Weigh In

Separately, Evercore downgraded Nordic American Tankers from an “in-line” rating to an “underperform” rating and set a $4.50 price target for the company. in a report on Tuesday, April 21st. Two research analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Nordic American Tankers has a consensus rating of “Reduce” and a consensus target price of $4.00.

Institutional Trading of Nordic American Tankers

Several large investors have recently made changes to their positions in the company. Cerity Partners LLC grew its stake in shares of Nordic American Tankers by 4.7% in the 4th quarter. Cerity Partners LLC now owns 54,470 shares of the shipping company’s stock valued at $187,000 after buying an additional 2,449 shares during the period. Mercer Global Advisors Inc. ADV grew its stake in shares of Nordic American Tankers by 8.3% in the 4th quarter. Mercer Global Advisors Inc. ADV now owns 44,606 shares of the shipping company’s stock valued at $153,000 after buying an additional 3,433 shares during the period. Franklin Resources Inc. grew its stake in shares of Nordic American Tankers by 15.9% in the 3rd quarter. Franklin Resources Inc. now owns 27,236 shares of the shipping company’s stock valued at $86,000 after buying an additional 3,735 shares during the period. Focus Partners Wealth grew its stake in shares of Nordic American Tankers by 30.5% in the 3rd quarter. Focus Partners Wealth now owns 18,924 shares of the shipping company’s stock valued at $59,000 after buying an additional 4,424 shares during the period. Finally, Osaic Holdings Inc. grew its stake in shares of Nordic American Tankers by 3.2% in the 2nd quarter. Osaic Holdings Inc. now owns 164,701 shares of the shipping company’s stock valued at $433,000 after buying an additional 5,133 shares during the period. 44.29% of the stock is currently owned by institutional investors and hedge funds.

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.