Nordic American Tankers Ltd (NYSE:NAT) Financial O…
From Financial Modeling Prep: 2025-06-03 08:00:00
Nordic American Tankers Ltd (NAT) is a key player in the oil shipping industry, known for its efficient Suezmax tankers. Analysts forecast an EPS of $0.01 and revenue of $43.9 million for NAT’s upcoming quarterly earnings, crucial for assessing financial health and performance.
CEO Herbjorn Hansson’s purchase of 100,000 shares at $2.70 each signals strong insider confidence in NAT’s future prospects, increasing the Hansson family’s holdings to 9.4 million shares. Insider buying is viewed positively by investors as a sign of faith in the company’s direction.
NAT’s financial metrics paint a picture of solid financial health and operational efficiency. With a P/E ratio of 12.23, debt-to-equity ratio of 0.53, and earnings yield of 8.18%, NAT demonstrates strong market valuation and financial stability. The company’s current ratio of 1.65 indicates good liquidity and ability to cover short-term liabilities.
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