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

Nordic American Tankers (NYSE:NAT) is anticipated to post its Q2 2026 results before the market opens on Thursday, August 27th. Analysts expect Nordic American Tankers to announce earnings of $0.2467 per share and revenue of $97.1360 million for the quarter. Individuals may review the information 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 announced its quarterly earnings results on Thursday, May 28th. The shipping company reported $0.17 EPS for the quarter, beating analysts’ consensus estimates of $0.16 by $0.01. Nordic American Tankers had a return on equity of 9.16% and a net margin of 24.19%.The company had revenue of $77.51 million during the quarter, compared to analyst estimates 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 Stock Performance

NYSE:NAT opened at $6.91 on Wednesday. The company has a market cap of $1.46 billion, a price-to-earnings ratio of 25.57 and a beta of -0.57. Nordic American Tankers has a 1 year low of $2.96 and a 1 year high of $7.20. The stock’s 50 day simple moving average is $6.29 and its two-hundred day simple moving average is $5.73. The company has a debt-to-equity ratio of 0.83, a current ratio of 3.00 and a quick ratio of 2.75.

Institutional Investors Weigh In On Nordic American Tankers

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. AQR Capital Management LLC boosted its holdings in shares of Nordic American Tankers by 269.8% in the 1st quarter. AQR Capital Management LLC now owns 129,546 shares of the shipping company’s stock worth $319,000 after purchasing an additional 94,514 shares during the period. Dynamic Technology Lab Private Ltd boosted its stake in Nordic American Tankers by 298.7% during the first quarter. Dynamic Technology Lab Private Ltd now owns 68,325 shares of the shipping company’s stock worth $168,000 after buying an additional 51,187 shares during the period. Empowered Funds LLC boosted its stake in Nordic American Tankers by 8.9% during the first quarter. Empowered Funds LLC now owns 221,939 shares of the shipping company’s stock worth $546,000 after buying an additional 18,222 shares during the period. Jane Street Group LLC increased its position in Nordic American Tankers by 22.6% during the first quarter. Jane Street Group LLC now owns 428,298 shares of the shipping company’s stock valued at $1,054,000 after acquiring an additional 78,948 shares during the last quarter. Finally, Envestnet Asset Management Inc. increased its position in Nordic American Tankers by 74.7% during the second quarter. Envestnet Asset Management Inc. now owns 38,719 shares of the shipping company’s stock valued at $102,000 after acquiring an additional 16,560 shares during the last quarter. 44.29% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Separately, Wall Street Zen lowered shares of 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 company. Based on data from MarketBeat.com, Nordic American Tankers presently has a consensus rating of “Reduce” and a consensus target price of $4.00.

About Nordic American Tankers

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.