Nat stock price forecast the nat stock price forecast for

The nat stock price forecast for mid-2024 points to potential gains if geopolitical tensions sustain premium freight rates, with analysts eyeing $4.25 as a short-term target for NAT holders. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Long-term trends in book value, coupled with sizable dividend payments, suggest the company's management appears to be prioritizing shareholder returns rather than long-term re-investment and growth. This is reflected by the company's declining book value, falling from $22 in 2009 to just $2.5 in 2025. During the period, Nordic American paid out $15 in dividends. While Nordic American occasionally sells older vessels to enhance financial flexibility, the pace of fleet renewal is slow and does not fully offset this decline. This indicates that a long-term buy and hold investor would have lost money over the past 15 year period. Earnings preview in the nat stock price forecast anticipates revenue in line or beating consensus, driven by long-haul voyages and competitive positioning in the Atlantic trade routes.