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NYSE: NAT
Nordic American Tankers Ltd Stock Forecast, Predictions & Price Target

Analyst price target for NAT

Based on 2 analysts offering 12 month price targets for Nordic American Tankers Ltd.
Min Forecast
$4.50+19.36%
Avg Forecast
$5.00+32.63%
Max Forecast
$5.50+45.89%

Should I buy or sell NAT stock?

Based on 2 analysts offering ratings for Nordic American Tankers Ltd.
Buy
Strong Buy
1 analysts 50%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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NAT stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
lockedlocked$00.00+00.00%2024-02-29
lockedlocked$00.00+00.00%2024-02-29

1 of 1

Forecast return on equity

Is NAT forecast to generate an efficient return?

Forecast return on assets

Is NAT forecast to generate an efficient return on assets?

NAT revenue forecast

What is NAT's revenue in the next 2 years based on estimates from 1 analyst?
Avg 1 year Forecast
$254.8M-24.93%
Avg 2 year Forecast
$277.5M-18.22%
NAT's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

NAT revenue growth forecast

How is NAT forecast to perform vs Marine Shipping companies and vs the US market?
Company
-24.93%
Industry
3.31%
Market
13.58%
NAT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
NAT's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

NAT vs Shipping Stocks

TickerPricePrice TargetUp/downsideConsensus
NAT$3.77$5.00+32.63%Buy
GSL$21.20$25.00+17.92%Strong Buy
GNK$20.28$21.00+3.55%Strong Buy
CPLP$16.93$22.50+32.90%Strong Buy
ASC$15.59$20.50+31.49%Strong Buy

Nordic American Tankers Stock Forecast FAQ

Is Nordic American Tankers Stock a good buy in 2024, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: NAT) stock is to Buy NAT stock.

Out of 2 analysts, 1 (50%) are recommending NAT as a Strong Buy, 0 (0%) are recommending NAT as a Buy, 1 (50%) are recommending NAT as a Hold, 0 (0%) are recommending NAT as a Sell, and 0 (0%) are recommending NAT as a Strong Sell.

If you're new to stock investing, here's how to buy Nordic American Tankers stock.

What is NAT's revenue growth forecast for 2024-2025?

(NYSE: NAT) Nordic American Tankers's forecast annual revenue growth rate of -24.93% is not forecast to beat the US Marine Shipping industry's average forecast revenue growth rate of 3.31%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 13.58%.

Nordic American Tankers's revenue in 2024 is $339,340,000.On average, 1 Wall Street analysts forecast NAT's revenue for 2024 to be $53,190,894,109, with the lowest NAT revenue forecast at $53,190,894,109, and the highest NAT revenue forecast at $53,190,894,109.

In 2025, NAT is forecast to generate $57,943,101,174 in revenue, with the lowest revenue forecast at $57,943,101,174 and the highest revenue forecast at $57,943,101,174.

What is NAT's forecast return on assets (ROA) for 2024-2025?

(NYSE: NAT) forecast ROA is N/A, which is lower than the forecast US Marine Shipping industry average of 0.91%.

What is NAT's Price Target?

According to 2 Wall Street analysts that have issued a 1 year NAT price target, the average NAT price target is $5.00, with the highest NAT stock price forecast at $5.50 and the lowest NAT stock price forecast at $4.50.

On average, Wall Street analysts predict that Nordic American Tankers's share price could reach $5.00 by Feb 28, 2025. The average Nordic American Tankers stock price prediction forecasts a potential upside of 32.63% from the current NAT share price of $3.77.

What is NAT's forecast return on equity (ROE) for 2024-2025?

(NYSE: NAT) forecast ROE is N/A, which is considered weak.
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