B. Riley lifts target for Nordic American Tankers stock to USD 10.00

Published on 10/15/2026 at 19:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

August 27 earnings reached USD 0.32 per share versus USD 0.30 expected. Nordic American Tankers stock costs EUR 7.01 on October 15, 2026, down 4.20 percent on NYSE.

Analyst target and cash return

B. Riley Financial raised its target to USD 10.00 on October 5, 2026.
August 27, 2026 quarterly earnings per share reached USD 0.32 versus USD 0.30 expected.
Nordic American Tankers stock costs EUR 7.01 at Lang & Schwarz on October 15, 2026 at 7:34 p.m. CEST, down 4.20 percent on the NYSE.
The stock carries a P/E ratio of 13.51 and a dividend yield of 9.62 percent.

NAT, BMG657731060, Illustration mit AI erstellt.

B. Riley Financial raised its Nordic American Tankers target from USD 8.00 to USD 10.00 on October 5, 2026, putting the new target 27.06 percent above the NYSE price of USD 7.87 at 1:38 p.m. EDT on October 15, 2026, as reported by MarketBeat. Nordic American Tankers stock was at EUR 7.01 at Lang & Schwarz on October 15, 2026 at 7:34 p.m. CEST, down 4.20 percent on the NYSE for the session.

Quarterly earnings beat expectations

Nordic American Tankers reported adjusted quarterly earnings per share of USD 0.32 for the quarter reported on August 27, 2026, versus a consensus estimate of USD 0.30. Revenue reached USD 79.30 million, below the USD 84.18 million estimate, according to MarketBeat. The split between earnings and revenue matters because the share-price move did not track the quarter's earnings beat alone.

Stock position on October 15

The NYSE quote was USD 7.87 at 1:38 p.m. EDT, with a session range of USD 7.75 to USD 8.17 and volume of 4,267,184 shares. The 52-week range was USD 3.29 to USD 8.88, leaving the price 11.37 percent below the high. The euro quotation remained distinct from the home-market quote and is used for the German investor perspective.

Valuation and dividend yield

Nordic American Tankers had a market capitalization of USD 1.7 billion and a P/E ratio of 13.51 on October 15, 2026. Its trailing dividend yield was 9.62 percent, while average volume stood at 4,228,206 shares. The company operates Suezmax crude-oil tankers from Bermuda and internationally.

Comparison with peers

NAT: minus 4.20 percent, P/E 13.51, market capitalization USD 1.7 billion
Scorpio Tankers (NYSE, USD): minus 2.84 percent, P/E 5.26, market capitalization USD 4.2 billion
DHT Holdings (NYSE, USD): minus 4.25 percent, P/E 8.12, market capitalization USD 3.9 billion

Euro quote after hours

The Lang & Schwarz quotation places the stock below the USD 10.00 analyst target while the NYSE session was down 4.20 percent. The company remains tied to tanker rates, fleet utilization and shareholder distributions, with the latest quarterly dividend reported at USD 0.27 per share on September 24, 2026.

Nordic American Tankers stock costs EUR 7.01 at Lang & Schwarz on October 15, 2026 at 7:34 p.m. CEST, down 4.20 percent on the NYSE versus the prior close of October 14, 2026. The further course of trading is shown by the continuously updated real-time quote of Nordic American Tankers stock.