Nordic American Tankers Limited

Nordic American Tankers Limitedverified

NAT

Price:

$3.6

Market Cap:

$751.67M

Nordic American Tankers Limited, a tanker company, acquires and charters double-hull tankers in Bermuda and internationally. It operates a fleet of 24 Suezmax crude oil tankers. The company was formerly known as Nordic American Tanker Shipping Limited and changed its name to Nordic American Tankers Limited in June 2011. The company was incorporated in 1995 and is based in Hamilton, Bermuda.[Read more]

Industry

Marine Shipping

IPO Date

1997-09-30

Stock Exchange

NYSE

Ticker

NAT

The ROE as of September 2024 (TTM) for Nordic American Tankers Limited (NAT) is 12.43%

According to Nordic American Tankers Limited’s latest financial reports and current stock price. The company's current ROE is 12.43%. This represents a change of 302.14% compared to the average of 3.09% of the last 4 quarters.

Nordic American Tankers Limited (NAT) Historical ROE (quarterly & annually)

How has NAT ROE performed in the past?

The mean historical ROE of Nordic American Tankers Limited over the last ten years is -0.77%. The current 12.43% ROE has changed -1704.03% with respect to the historical average. Over the past ten years (40 quarters), NAT's ROE was at its highest in in the March 2023 quarter at 8.44%. The ROE was at its lowest in in the September 2021 quarter at -8.15%.

Quarterly (TTM)
Annual

Average

-0.77%

Median

-0.98%

Minimum

-21.72%

Maximum

18.34%

Nordic American Tankers Limited (NAT) ROE by Quarter and Year

Discovering the peaks and valleys of Nordic American Tankers Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 1.66%

Maximum Annual ROE = 18.34%

Minimum Annual Increase = -996.34%

Minimum Annual ROE = -21.72%

Quarterly (TTM)
Annual
YearROEChange
202318.34%555.71%
20222.80%-112.88%
2021-21.72%-360.08%
20208.35%-577.06%
2019-1.75%-88.94%
2018-15.83%76.22%
2017-8.98%1.66%
2016-0.51%-103.93%
201513.02%-996.34%
2014-1.45%-88.22%

Nordic American Tankers Limited (NAT) Average ROE

How has NAT ROE performed in the past?

The current ROE of Nordic American Tankers Limited (NAT) is greater than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

-0.19%

5-year avg

1.20%

10-year avg

-0.77%

Nordic American Tankers Limited (NAT) ROE vs. Peers

How is NAT’s ROE compared to its peers?

Nordic American Tankers Limited’s ROE is less than Genco Shipping & Trading Limited (1.66%), less than Golden Ocean Group Limited (11.17%), less than Eagle Bulk Shipping Inc. (3.70%), less than Star Bulk Carriers Corp. (13.86%), greater than OceanPal Inc. (-14.26%), less than Navios Maritime Holdings Inc. (45.71%), less than Danaos Corporation (18.64%), less than Costamare Inc. (15.37%), less than Global Ship Lease, Inc. (27.02%), less than Euroseas Ltd. (42.25%), less than Diana Shipping Inc. (3.26%),

Build a custom stock screener for Nordic American Tankers Limited (NAT) and other stocks

One of the best ways to find valuable stocks to invest in is to build a custom made screener in your Excel or Google Sheets spreadsheet. This allows you to compare thousands of companies like Nordic American Tankers Limited using the financials and key metrics that matter to you in a single view.

The easiest way to set this up is to use the Wisesheets add-on and set your spreadsheet like this:

Custom stock screener in Wisesheets

Covering all these metrics from financial, data, dividend data, key metrics and more you can get all the data you want for over 50+ exchanges worldwide.

Get your free trial here.

Nordic American Tankers Limited (NAT) and other stocks custom spreadsheet templates

The easiest way to analyze a company like Nordic American Tankers Limited or any others is to create a spreadsheet model that automatically retrieves all of the stock data you need.

Using Wisesheets you can set up a spreadsheet model like this with simple spreadsheet formulas. If you change the ticker you can get all of the data automatically updated for you.

Custom stock templates in Wisesheets

Whether you need live data, historical price data, financials, dividend data, key metrics, analyst estimates, or anything else...Wisesheets has you covered.

Frequently asked questions❓

What is the ROE?

How can you use the ROE?

What is Nordic American Tankers Limited's ROE?

How is the ROE calculated for Nordic American Tankers Limited (NAT)?

What is the highest ROE for Nordic American Tankers Limited (NAT)?

What is the 3-year average ROE for Nordic American Tankers Limited (NAT)?

What is the 5-year average ROE for Nordic American Tankers Limited (NAT)?

How does the current ROE for Nordic American Tankers Limited (NAT) compare to its historical average?