Nordic American Tanker downgraded by Jefferies with a new price target
$NAT
Marine Transportation
Consumer Discretionary
Jefferies downgraded Nordic American Tanker from Buy to Hold and set a new price target of $4.00
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 9/12/2024 | $4.00 | Buy → Hold | Jefferies |
| 9/6/2022 | $3.00 → $4.00 | Hold → Buy | Jefferies |
| 7/21/2022 | $3.00 | Hold | Jefferies |
| 4/27/2022 | $2.00 → $2.50 | Hold | Jefferies |
| 11/26/2021 | $2.75 → $2.25 | Hold | Jefferies |
| 11/24/2021 | $2.75 → $2.25 | Hold | Jefferies |
| 8/31/2021 | $6.00 → $5.00 | Buy | B. Riley Securities |
Monday, November 4, 2024 Dear Shareholders and Investors, We would note that we don't expect there will be a noticeable immediate impact on Nordic American Tankers irrespective of who is the winner/looser in the upcoming presidential election. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd.
Tuesday, October 22, 2024 Dear Shareholders and Investors, Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, has today bought 50,000 shares in NAT at $3.4851 per share. Following these transactions, Monaco based Alexander Hansson privately owns 3,200,000 shares in NAT. As in the past, the Hansson family is
Thursday, October 17, 2024 Dear Shareholders and Investors, Alexander Hansson, Non-Executive Vice Chairman of Nordic American Tankers Ltd (NAT) and son of Herbjorn Hansson, Founder, Chairman & CEO, has today bought 50,000 shares in NAT at $3.59 per share. Following these transactions, Monaco based Alexander Hansson privately owns 3,150,000 shares in NAT. As in the past, the Hansson family is the largest private shareholder group in the company. For contacts, please see at
Jefferies downgraded Nordic American Tanker from Buy to Hold and set a new price target of $4.00
Jefferies upgraded Nordic American Tanker from Hold to Buy and set a new price target of $4.00 from $3.00 previously
Jefferies initiated coverage of Nordic American Tanker with a rating of Hold and set a new price target of $3.00
Nordic American Tankers Limited (NYSE:NAT) shares are trading lower after it reported the first-quarter FY24 net voyage revenue of $60.572 million, missed the consensus of $76.562 million. The company’s average time charter equivalent (TCE) for its fleet came in at $33,570 per day per ship in the quarter. NAT reported a net operating income of $23.063 million, compared to $54.676 million in the same quarter a year ago. Adjusted EBITDA stood at $37.056 million vs. $67.668 million a year ago. EPS for the quarter was $0.07, missing the consensus of $0.11. Nordic American Tankers’ operating cash flow totaled $37.589 million for the three months ended March 31. As of March-end, NAT
Jefferies analyst Omar Nokta maintains Nordic American Tankers (NYSE:NAT) with a Buy and lowers the price target from $5.5 to $5.
6-K - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
6-K - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
6-K - NORDIC AMERICAN TANKERS Ltd (0001000177) (Filer)
SC 13G - NORDIC AMERICAN TANKERS Ltd (0001000177) (Subject)
SC 13G/A - NORDIC AMERICAN TANKERS Ltd (0001000177) (Subject)
Thursday, November 16, 2023 Dear Shareholders and Investors, Nordic American Tankers Limited (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") today, on November 16, 2023 in Monaco. We experienced a record turnout this year and all resolutions were approved and adopted at the Meeting: Election of Herbjorn Hansson, Jim Kelly, Alexander Hansson and Jenny Chu to serve as Directors of the Board.Approval of the appointment of KPMG as the Company's independent auditors. We are in
Thursday, November 17, 2022 Dear Shareholders and Investors, Nordic American Tankers Limited (the "Company") (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") on November 17, 2022 in Monaco. The following resolutions were approved and adopted at the Meeting: Election of Herbjorn Hansson, Jim Kelly, Alexander Hansson and Jenny Chu to serve as Directors of the Board.Approval of the appointment of KMPG as the Company's independent auditors. Sincerely, Herbjorn HanssonFounder, Chai
Monday, July 19, 2021 Dear Shareholders and Investors, Nordic American Tankers Limited (the "Company") (NYSE:NAT) conducted its Annual General Meeting of Shareholders (the "Meeting") on July 19, 2021, in Monaco. The following resolutions were approved and adopted at the Meeting: Election of the four nominees to the Board of Directors. Approval of the appointment of KPMG AS as the Company's independent auditors. Sincerely, Herbjorn HanssonFounder, Chairman & CEO Nordic American Tankers Ltd. www.nat.bm CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING STATEMENTS M
Wednesday, September 11, 2024 Dear Shareholders and Investors, On September 2nd, 2024, we advised Shareholders and Investors that a Conference call would take place Thursday, September 12th. Conference Call timing: Date: Thursday September 12, 2024 Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Webcast URL: To join via webcast click on the link below and follow the instructions: https://edge.media-server.com/mmc/p/ntj8raco Dial-In numbers: Dial in to the Conference using one of the numbers below, closest
Monday, September 2, 2024 Dear Shareholders and Investors, Thursday September 12, 2024, we will host an Investor Conference Call with the main objective of providing an update on Nordic American Tankers Ltd, including prospects going forward. Time: 8 AM US Eastern Standard Time (EST) / 2 PM Central European Time (CET) Dial-in details to be provided later. Sincerely, Herbjorn HanssonFounder, Chairman & CEO
Thursday, August 29, 2024 Dear Shareholders and Investors, Highlights: Ninety day periods offer a short-term snapshot of a company. However, it is more important to view the long-term picture. The direction of NAT is unquestionably upward, with further room to grow. For the second quarter of 2024, NAT produced a net profit of $21.6 million, which is a substantial improvement compared with the previous quarter (1Q24) with a net Profit of $15.1 million. The dividend for the se