Should you buy Nordic American tankers (Nat) stock?

Nordic American Tankers is currently sporting a Zacks Rank of #1 (Strong Buy). Over the past 90 days, the Zacks Consensus Estimate for NAT's full-year earnings has moved 71.8% higher. This signals that analyst sentiment is improving and the stock's earnings outlook is more positive.

Who owns Nordic American Tankers Limited stock?

Nearly 1. 90% of Nordic American Tankers Limited’s shares belong to company insiders and institutional investors own 38. 10% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 10. 76 million shares as on Oct 13, 2022, resulting in a short ratio of 1. 69.

What is the price target for Nordic American tankers?

The 5 analysts offering price forecasts for Nordic American Tankers have a median target of 4.80, with a high estimate of 5.50 and a low estimate of 4.00. The median estimate represents a 88.02 difference from the last price of 4.23. *The average price target includes all analyst analysis, not just the most recent analysis presented in the chart.