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Nordic American Tankers Limited (NAT)

USD6.33 +0.24 (+3.86%)
BM NYSE Industrials Marine Shipping
Address LOM Building HM 11
Hamilton, BM
CEO Herbjorn Hansson
Website nat.bm
IPO 1997-09-30
CIK 1000177 ISIN BMG657731060

Explore sections of this company profile

Also trades on London Stock Exchange · 0UC0.L (USD) New York Stock Exchange · NAT (USD)
Description

Founded in 1995 and headquartered in Hamilton, Bermuda, Nordic American Tankers Limited (NAT) is a shipping enterprise focused on the acquisition and chartering of double-hull tanker vessels. The company's operations extend internationally as well as within Bermuda, and it currently manages a fleet of 24 Suezmax-class crude oil tankers. In June 2011, the firm changed its name to Nordic American Tankers Limited, having previously operated as Nordic American Tanker Shipping Limited.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
USD6.33 +0.24 (+3.86%)
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Volume Profile
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Liquidity & share structure
Average Volume
4M
Beta
-0.54
Float Shares
200.55M
Free Float %
94.7%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
+2.28% -3.56% -7.71% -10.12% +41.48% +49.71% +90.04% +46.72% +36.97% -66.49% -72.53%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (19 ratings, all time) Hold
Price Targets & DCF
Current price
6.33
Low 3.00 -52.6%
Consensus 3.50 -44.7%
Median 3.50 -44.7%
High 4.00 -36.8%
DCF (Unlevered) 0.67 -89.3%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 50% Bullish
Rating 2026-05 Change
Strong Buy 0 0
Buy 1 0
Hold 0 -1
Sell 1 0
Strong Sell 0 0
Price Target Summary
Period # Analysts Avg Target
Last Month
Last Quarter
Last Year 1
3.00
-52.6%
All Time 5
4.30
-32.0%
Quality scores
Altman Z-Score
2.28
Grey zone
Piotroski F-Score
5 / 9
Average
MOAT Score
2 / 10
No MOAT
Composite Rating
C+
Overall Score
2 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
2 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
1 / 5
Low
P/Book Score
3 / 5
Medium
Operational MOAT
✗ Below peers
  • Revenue growth Marine Shipping: +2.8%
    -16.4% Q1'26: +64.3% (vs Q1'25)
  • EPS growth Marine Shipping: -1.4%
    -73.6% Q1'26: +1,000.0% (vs Q1'25)
  • FCF margin FCF growth · Marine Shipping: +26.4%
    -2.3% Q1'26: +27.9% (vs Q1'25)
  • EBIT margin Marine Shipping: +23.2%
    +9.9% Q1'26: +36.0% (vs Q1'25)
  • ROIC Marine Shipping: +6.9%
    +3.5% Q1'26: +19.4% (vs Q1'25)
  • Share dilution Marine Shipping: +0.0%
    +0.9% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Marine Shipping: 1.05×
    4.89× Q1'26: 1.98× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (-0.52) × ERP
WACC = 72% × Ke + 28% × Kd (8.4%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 0.67 Current price: 6.33
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2005
actual
Dec 2006
actual
Dec 2007
actual
Dec 2008
actual
Dec 2009
actual
Dec 2010
actual
Dec 2011
actual
Dec 2012
actual
Dec 2013
actual
Dec 2014
actual
Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
1 Rev. Ana.
1 EPS Ana.
Dec 2027
1 Rev. Ana.
1 EPS Ana.
Dec 2028
1 Rev. Ana.
1 EPS Ana.
Dec 2029
1 Rev. Ana.
1 EPS Ana.
Revenue
117.11M
est: 124.10M (-5.6%)
175.52M
est: 165.56M (+6.0%)
186.99M
est: 241.63M (-22.6%)
228.00M
est: 253.77M (-10.2%)
124.37M
est: 123.15M (+1.0%)
126.42M
est: 215.48M (-41.3%)
94.79M
est: 82.76M (+14.5%)
130.68M
est: 74.09M (+76.4%)
243.66M
est: 161.76M (+50.6%)
351.05M
est: 936.70M (-62.5%)
445.74M
est: 295.70M (+50.7%)
357.45M
est: 236.11M (+51.4%)
297.14M
est: 155.26M (+91.4%)
289.02M
est: 128.86M (+124.3%)
317.22M
est: 190.74M (+66.3%)
354.62M
est: 239.58M (+48.0%)
195.76M
est: 71.35M (+174.4%)
339.34M
est: 176.12M (+92.7%)
391.69M
est: 364.25M (+7.5%)
349.74M
est: 232.35M (+50.5%)
292.42M
est: 196.70M (+48.7%)
311.33M
301.98M – 320.67M
+58.3% YoY
234.43M
227.39M – 241.46M
-24.7% YoY
202.39M
196.32M – 208.47M
-13.7% YoY
518.93M
503.36M – 534.50M
+156.4% YoY
EBITDA
68.02M
est: 78.62M (-13.5%)
103.50M
est: 75.68M (+36.8%)
96.77M
est: 88.53M (+9.3%)
170.52M
est: 181.30M (-5.9%)
57.84M
est: 63.15M (-8.4%)
63.71M
est: 83.85M (-24.0%)
-5.54M
est: 310.4K (-1,885.5%)
1.88M
est: -9.64M (+119.5%)
-19.48M
est: -30.93M (+37.0%)
79.22M
est: 8.66M (+814.9%)
210.82M
est: 108.92M (+93.5%)
144.45M
est: -56.14M (+357.3%)
-74.67M
est: -129.15M (+42.2%)
22.41M
est: 48.80M (-54.1%)
96.23M
est: 53.82M (+78.8%)
149.25M
est: 84.91M (+75.8%)
-24.69M
est: -77.98M (+68.3%)
92.60M
est: -86.70M (+206.8%)
180.73M
est: 93.72M (+92.8%)
133.52M
est: 59.79M (+123.3%)
86.73M
est: 50.61M (+71.4%)
80.10M
77.70M – 82.51M
+58.3% YoY
60.32M
58.51M – 62.13M
-24.7% YoY
52.08M
50.51M – 53.64M
-13.7% YoY
133.52M
129.51M – 137.53M
+156.4% YoY
EBIT
49.77M
est: 54.90M (-9.3%)
73.84M
est: 54.48M (+35.6%)
53.89M
est: 42.16M (+27.8%)
122.24M
est: 115.69M (+5.7%)
2.81M
est: 7.73M (-63.7%)
1.16M
est: -31.67M (+103.7%)
-70.17M
est: -53.23M (-31.8%)
-67.34M
est: -59.64M (-12.9%)
-93.85M
est: -66.51M (-41.1%)
-1.31M
est: 2.77M (-147.2%)
128.21M
est: 114.13M (+12.3%)
53.56M
est: 59.05M (-9.3%)
-175.34M
est: -130.41M (-34.5%)
-38.28M
est: -4.61M (-730.4%)
32.27M
est: 16.40M (+96.7%)
81.42M
est: 68.50M (+18.9%)
-93.05M
est: -77.56M (-20.0%)
42.18M
est: -86.27M (+148.9%)
129.33M
est: 21.82M (+492.6%)
77.37M
est: 13.92M (+455.8%)
28.99M
est: 11.78M (+146.0%)
18.65M
18.09M – 19.21M
+58.3% YoY
14.04M
13.62M – 14.47M
-24.7% YoY
12.13M
11.76M – 12.49M
-13.7% YoY
31.09M
30.16M – 32.02M
+156.4% YoY
Net Income
46.32M
est: 49.34M (-6.1%)
67.39M
est: 52.06M (+29.5%)
44.21M
est: 41.82M (+5.7%)
118.84M
est: 127.52M (-6.8%)
1.01M
est: 6.52M (-84.5%)
-809.0K
est: -34.60M (+97.7%)
-72.30M
est: -54.13M (-33.6%)
-73.19M
est: -64.37M (-13.7%)
-105.42M
est: -75.47M (-39.7%)
-13.17M
est: -9.76M (-34.9%)
114.63M
est: 103.27M (+11.0%)
-4.46M
est: -112.79M (+96.0%)
-204.97M
est: -174.03M (-17.8%)
-95.31M
est: -138.89M (+31.4%)
-10.35M
est: 9.71M (-206.6%)
50.03M
est: 40.46M (+23.7%)
-119.42M
est: -101.68M (-17.4%)
15.10M
est: 119.76M (-87.4%)
98.71M
est: 61.65M (+60.1%)
46.64M
est: 60.14M (-22.4%)
12.27M
est: 23.82M (-48.5%)
150.87M
144.99M – 156.76M
+533.3% YoY
65.11M
62.57M – 67.65M
-56.8% YoY
41.29M
39.68M – 42.90M
-36.6% YoY
86.58M
83.21M – 89.96M
+109.7% YoY
SGA
8.49M
est: 12.13M (-30.0%)
12.75M
est: 10.55M (+20.8%)
12.13M
est: 21.71M (-44.1%)
12.78M
est: 14.04M (-9.0%)
14.82M
est: 17.65M (-16.1%)
15.98M
est: 34.19M (-53.3%)
15.39M
est: 12.60M (+22.2%)
14.70M
est: 13.93M (+5.5%)
12.76M
est: 10.09M (+26.4%)
14.86M
est: 20.19M (-26.4%)
9.79M
est: 9.09M (+7.7%)
12.30M
est: 17.58M (-30.1%)
12.58M
est: 17.71M (-29.0%)
12.73M
est: 22.98M (-44.6%)
13.48M
est: 12.42M (+8.5%)
17.59M
est: 15.90M (+10.6%)
15.62M
est: 13.96M (+11.9%)
18.80M
est: 15.29M (+22.9%)
22.89M
est: 27.30M (-16.2%)
28.83M
est: 17.42M (+65.5%)
28.87M
est: 14.74M (+95.8%)
23.34M
22.64M – 24.04M
+58.3% YoY
17.57M
17.04M – 18.10M
-24.7% YoY
15.17M
14.72M – 15.63M
-13.7% YoY
38.90M
37.73M – 40.06M
+156.4% YoY
EPS
3.03
est: 3.73 (-18.8%)
3.14
est: 3.84 (-18.2%)
1.56
est: 2.08 (-24.8%)
3.63
est: 4.26 (-14.8%)
0.03
est: 0.43 (-92.9%)
-0.02
est: 0.52 (-103.3%)
-1.53
est: -0.75 (-104.0%)
-1.39
est: -0.84 (-65.5%)
-1.64
est: -0.87 (-89.6%)
-0.15
est: 0.03 (-600.0%)
1.29
est: 1.52 (-15.2%)
-0.05
est: 0.33 (-115.2%)
-0.73
est: -0.67 (-9.0%)
-0.67
est: -0.50 (-34.5%)
-0.07
est: 0.05 (-258.1%)
0.34
est: 0.36 (-5.8%)
-0.74
est: -0.65 (-14.5%)
0.07
est: 0.09 (-20.2%)
0.47
est: 0.30 (+59.2%)
0.22
est: 0.28 (-22.5%)
0.06
est: 0.11 (-48.4%)
0.71
0.68 – 0.74
+533.3% YoY
0.31
0.30 – 0.32
-56.8% YoY
0.20
0.19 – 0.20
-36.6% YoY
0.41
0.39 – 0.42
+109.7% YoY
Recent Grade Changes (3M)
Date Firm Previous New Grade Action
2026-04-22 Evercore ISI Group In Line Underperform Downgrade
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-28 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-27 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-26 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-22 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-21 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-20 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-19 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-18 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-15 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-14 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-13 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-12 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-11 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-05-08 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-07 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-06 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-05 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-04 B- 2/5 3/5 2/5 3/5 1/5 1/5 4/5
2026-05-01 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-04-30 C+ 2/5 3/5 2/5 3/5 1/5 1/5 3/5
2026-04-29 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-28 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-27 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-24 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-23 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-22 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-21 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-20 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-17 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-16 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5
2026-04-15 B- 2/5 3/5 2/5 4/5 1/5 1/5 3/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
-49.36M
OE per share TTM
-0.23
Owner's Yield
-4.53%
Maintenance CapEx ratio
220.55%
Maint CapEx / Avg PPE
245.0%

Ownership Overview

Ownership breakdown
At a glance
Institutional holders
249
Total invested
610.60M
Insider transactions (90d)
1
Beneficial owners (>5%)
8
Beneficial owners (>5%)
# Reporting person Amount owned % of class Sole voting Shared voting Sole dispositive Shared dispositive Type Citizenship Filing date SEC filing
1 30-0447847 12.13M 5.80% 11.91M 12.13M IA Delaware 2024-10-31
2 Morgan Stanley 5.34M 3.70% 631.0K 5.34M HC, CO Delaware. 2019-02-12
3 04-2683227 1.29M 2.45% 672.6K IA Massachusetts 2013-02-14
4 Gabelli Funds, LLC 316.0K 1.55% 7.00M 7.42M IA, CO Delaware 2019-02-08
5 13-3174112 263.5K 2.70% 6.6K 263.5K BD New York 2005-07-11
6 Abigail P. Johnson 251.0K 2.59% 251.0K IN United States of America 2000-06-05
7 Edward C. Johnson 3d 251.0K 2.59% 251.0K IN United States of America 2000-06-05
8 Fidelity International Limited 251.0K 2.59% 251.0K 251.0K HC Bermuda 2000-06-05

Institutional Activity (13F)

Institutional ownership trend From To
13F snapshot — 2026 Q1
Investors holding
249
+25 vs prev Q
New positions
50
Closed positions
28
Increased
135
Reduced
66
Put/Call ratio
0.34
Calls held
1.78M
Puts held
601.0K
Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 1.02M +1.0M (+100.0%) 3.52B +3.5B (+100.0%) 0.48% +0.484 pp 3.32% +3.316 pp USD3.44 +0.0% 1 qtrs NEW
2 NVERSES CAPITAL, LLC 88.8K +88.8K (+100.0%) 305.41M +305.4M (+100.0%) 0.04% +0.042 pp 0.68% +0.684 pp USD3.44 +0.0% 1 qtrs NEW
3 BLACKROCK, INC. 11.92M -98.0K (-0.8%) 41.00M +3.3M (+8.7%) 5.63% -0.047 pp 0.00% +0.000 pp USD3.65 -5.8% 6 qtrs
4 DIMENSIONAL FUND ADVISORS LP 11.73M +354.0K (+3.1%) 40.35M +4.6M (+13.0%) 5.54% +0.167 pp 0.01% +0.001 pp USD3.73 -7.8% 51 qtrs
5 AMERIPRISE FINANCIAL INC 6.56M +6.4M (+5,483.1%) 22.56M +22.2M (+6,016.5%) 3.10% +3.041 pp 0.01% +0.005 pp USD3.44 +0.0% 8 qtrs
6 MORGAN STANLEY 6.05M +108.9K (+1.8%) 20.83M +2.2M (+11.6%) 2.86% +0.051 pp 0.00% +0.000 pp USD4.01 -14.2% 51 qtrs
7 AMERICAN CENTURY COMPANIES INC 5.86M +603.8K (+11.5%) 20.17M +3.7M (+22.1%) 2.77% +0.285 pp 0.01% +0.002 pp USD3.61 -4.7% 22 qtrs
8 MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. 5.56M +432.9K (+8.4%) 19.12M +3.0M (+18.8%) 2.62% +0.204 pp 0.03% +0.003 pp USD3.25 +5.8% 7 qtrs
9 STATE STREET CORP 4.22M -3.6K (-0.1%) 14.50M +1.3M (+9.5%) 1.99% -0.002 pp 0.00% +0.000 pp USD4.80 -28.3% 51 qtrs
10 CENTERBOOK PARTNERS LP 3.70M +1.9M (+110.1%) 12.73M +7.2M (+130.2%) 1.75% +0.916 pp 0.62% +0.349 pp USD3.32 +3.6% 7 qtrs
11 GOLDMAN SACHS GROUP INC 3.69M -1.5M (-29.2%) 12.68M -3.7M (-22.5%) 1.74% -0.719 pp 0.00% 0.000 pp USD3.24 +6.2% 73 qtrs
12 GEODE CAPITAL MANAGEMENT, LLC 2.51M -51.2K (-2.0%) 8.62M +591.4K (+7.4%) 1.18% -0.024 pp 0.00% +0.000 pp USD3.48 -1.1% 53 qtrs
13 MILLENNIUM MANAGEMENT LLC 2.35M -75.5K (-3.1%) 8.10M +468.9K (+6.1%) 1.11% -0.036 pp 0.00% +0.000 pp USD3.12 +10.3% 20 qtrs
14 UBS GROUP AG 1.93M -348.5K (-15.3%) 6.64M -515.5K (-7.2%) 0.91% -0.165 pp 0.00% +0.000 pp USD3.00 +14.7% 45 qtrs
15 BRIDGEWAY CAPITAL MANAGEMENT, LLC 1.49M +139.1K (+10.3%) 5.13M +884.1K (+20.8%) 0.70% +0.066 pp 0.11% +0.017 pp USD2.66 +29.3% 5 qtrs
16 VANGUARD GROUP INC 1.45M +238.1K (+19.7%) 4.97M +1.2M (+31.2%) 0.68% +0.112 pp 0.00% +0.000 pp USD4.27 -19.4% 75 qtrs
17 PHILIP JAMES WEALTH MANGEMENT, LLC 1.32M -874.0 (-0.1%) 4.53M +392.4K (+9.5%) 0.62% 0.000 pp 0.52% +0.042 pp USD3.49 -1.4% 6 qtrs
18 TUDOR INVESTMENT CORP ET AL 1.27M +382.3K (+43.0%) 4.37M +1.6M (+56.7%) 0.60% +0.181 pp 0.01% +0.003 pp USD2.89 +19.0% 3 qtrs
19 NORTHERN TRUST CORP 1.12M -161.7K (-12.6%) 3.85M -171.6K (-4.3%) 0.53% -0.076 pp 0.00% +0.000 pp USD5.03 -31.6% 51 qtrs
20 AQR CAPITAL MANAGEMENT LLC 1.09M +19.1K (+1.8%) 3.75M +386.6K (+11.5%) 0.51% +0.009 pp 0.00% 0.000 pp USD2.77 +24.2% 13 qtrs
21 EMPOWERED FUNDS, LLC 883.0K +155.8K (+21.4%) 3.04M +754.0K (+33.0%) 0.42% +0.074 pp 0.02% +0.001 pp USD2.79 +23.3% 5 qtrs
22 JANE STREET GROUP, LLC 866.6K +499.9K (+136.3%) 2.98M +1.8M (+158.9%) 0.41% +0.236 pp 0.00% +0.000 pp USD3.31 +3.9% 30 qtrs
23 TWO SIGMA INVESTMENTS, LP 684.7K -308.9K (-31.1%) 2.36M -764.5K (-24.5%) 0.32% -0.146 pp 0.00% -0.001 pp USD3.24 +6.2% 16 qtrs
24 O'SHAUGHNESSY ASSET MANAGEMENT, LLC 642.5K +7.9K (+1.2%) 2.21M +217.6K (+10.9%) 0.30% +0.004 pp 0.01% +0.001 pp USD2.69 +27.9% 3 qtrs
25 RENAISSANCE TECHNOLOGIES LLC 641.4K -415.7K (-39.3%) 2.21M -1.1M (-33.5%) 0.30% -0.196 pp 0.00% -0.001 pp USD3.21 +7.2% 10 qtrs
26 COMMONWEALTH EQUITY SERVICES, LLC 616.4K +43.5K (+7.6%) 2.12M +321.3K (+17.9%) 0.29% +0.021 pp 0.00% +0.001 pp USD3.38 +1.8% 8 qtrs
27 CASTLEKNIGHT MANAGEMENT LP 600.0K -1.1M (-64.7%) 2.06M -3.3M (-61.3%) 0.28% -0.520 pp 0.05% -0.060 pp USD3.14 +9.6% 2 qtrs
28 BANK OF NEW YORK MELLON CORP 546.1K -16.4K (-2.9%) 1.88M +112.2K (+6.4%) 0.26% -0.008 pp 0.00% +0.000 pp USD6.16 -44.2% 66 qtrs
29 WEALTHTRUST AXIOM LLC 519.7K -30.4K (-5.5%) 1.79M +60.4K (+3.5%) 0.25% -0.014 pp 0.46% -0.003 pp USD6.41 -46.3% 65 qtrs
30 CHARLES SCHWAB INVESTMENT MANAGEMENT INC 515.4K +463.0 (+0.1%) 1.77M +156.1K (+9.7%) 0.24% +0.000 pp 0.00% +0.000 pp USD3.11 +10.6% 74 qtrs
31 MARINER, LLC 467.6K +14.8K (+3.3%) 1.61M +186.8K (+13.1%) 0.22% +0.007 pp 0.00% +0.000 pp USD2.87 +19.9% 14 qtrs
32 SUSQUEHANNA INTERNATIONAL GROUP, LLP 467.1K -130.1K (-21.8%) 1.61M -268.4K (-14.3%) 0.22% -0.061 pp 0.00% +0.000 pp USD2.81 +22.4% 51 qtrs
33 NUVEEN, LLC 451.9K -13.8K (-3.0%) 1.55M +92.4K (+6.3%) 0.21% -0.007 pp 0.00% +0.000 pp USD2.46 +39.8% 4 qtrs
34 SILVER OAK SECURITIES, INCORPORATED 434.7K +959.0 (+0.2%) 1.49M +124.7K (+9.2%) 0.21% +0.000 pp 0.10% -0.002 pp USD3.14 +9.6% 2 qtrs
35 RHUMBLINE ADVISERS 424.8K -57.4K (-11.9%) 1.46M -52.7K (-3.5%) 0.20% -0.027 pp 0.00% +0.000 pp USD3.77 -8.8% 51 qtrs
36 BANK OF AMERICA CORP /DE/ 357.5K +172.8K (+93.5%) 1.23M +649.7K (+112.0%) 0.17% +0.082 pp 0.00% +0.000 pp USD3.06 +12.4% 52 qtrs
37 BARCLAYS PLC 319.8K +51.7K (+19.3%) 1.10M +116.2K (+11.8%) 0.15% +0.024 pp 0.00% +0.000 pp USD3.26 +5.5% 51 qtrs
38 QUANTBOT TECHNOLOGIES LP 319.6K +204.3K (+177.2%) 1.10M +737.5K (+203.7%) 0.15% +0.097 pp 0.04% +0.027 pp USD3.34 +3.0% 8 qtrs
39 CETERA INVESTMENT ADVISERS 309.8K -11.1K (-3.5%) 1.07M +58.0K (+5.8%) 0.15% -0.005 pp 0.00% +0.000 pp USD3.82 -9.9% 14 qtrs
40 STIFEL FINANCIAL CORP 283.8K -145.0 (-0.1%) 976.3K +84.7K (+9.5%) 0.13% 0.000 pp 0.00% +0.000 pp USD3.59 -4.2% 16 qtrs
41 CITIGROUP INC 275.9K +255.5K (+1,251.9%) 949.0K +884.9K (+1,381.0%) 0.13% +0.121 pp 0.00% +0.000 pp USD3.45 -0.3% 88 qtrs
42 TWO SIGMA ADVISERS, LP 254.2K -1.5M (-85.2%) 874.4K -4.5M (-83.8%) 0.12% -0.690 pp 0.00% -0.009 pp USD3.50 -1.7% 14 qtrs
43 WELLS FARGO & COMPANY/MN 245.9K +71.9K (+41.3%) 846.0K +299.7K (+54.8%) 0.12% +0.034 pp 0.00% +0.000 pp USD3.64 -5.5% 57 qtrs
44 INVESCO LTD. 214.3K -1.7K (-0.8%) 737.1K +58.9K (+8.7%) 0.10% -0.001 pp 0.00% +0.000 pp USD3.70 -7.0% 57 qtrs
45 RATHBONES GROUP PLC 206.0K +— (+0.0%) 708.5K +61.8K (+9.6%) 0.10% +0.000 pp 0.00% +0.000 pp USD3.86 -10.9% 8 qtrs
46 ALLIANCEBERNSTEIN L.P. 197.4K +— (+0.0%) 679.1K +59.2K (+9.6%) 0.09% +0.000 pp 0.00% +0.000 pp USD5.73 -40.0% 61 qtrs
47 HIGHTOWER ADVISORS, LLC 191.8K -207.0 (-0.1%) 659.9K +56.9K (+9.4%) 0.09% 0.000 pp 0.00% +0.000 pp USD3.05 +12.8% 18 qtrs
48 MML INVESTORS SERVICES, LLC 184.4K +16.8K (+10.0%) 634.5K +108.0K (+20.5%) 0.09% +0.008 pp 0.00% +0.000 pp USD2.91 +18.2% 17 qtrs
49 ETHIC INC. 181.9K -22.9K (-11.2%) 625.6K -17.4K (-2.7%) 0.09% -0.011 pp 0.01% -0.001 pp USD3.04 +13.2% 16 qtrs
50 POINT72 ASSET MANAGEMENT, L.P. 179.8K +179.8K (+100.0%) 618.5K +618.5K (+100.0%) 0.08% +0.085 pp 0.00% +0.001 pp USD3.44 +0.0% 1 qtrs NEW
51 ADVISOR GROUP HOLDINGS, INC. 167.9K -773.0 (-0.5%) 577.7K +52.1K (+9.9%) 0.08% 0.000 pp 0.00% +0.000 pp USD3.66 -6.0% 24 qtrs
52 JPMORGAN CHASE & CO 154.2K -11.1K (-6.7%) 530.4K +11.3K (+2.2%) 0.07% -0.005 pp 0.00% +0.000 pp USD2.91 +18.2% 44 qtrs
53 VERITION FUND MANAGEMENT LLC 151.0K +— (+0.0%) 519.6K +45.3K (+9.6%) 0.07% +0.000 pp 0.00% +0.000 pp USD2.55 +34.9% 8 qtrs
54 CAPTRUST FINANCIAL ADVISORS 145.3K +419.0 (+0.3%) 499.7K +44.9K (+9.9%) 0.07% +0.000 pp 0.00% +0.000 pp USD2.02 +70.3% 23 qtrs
55 CREATIVE PLANNING 142.2K -4.6K (-3.1%) 489.1K +28.3K (+6.2%) 0.07% -0.002 pp 0.00% +0.000 pp USD2.84 +21.1% 23 qtrs
56 IEQ CAPITAL, LLC 137.2K -4.7K (-3.3%) 471.9K +26.5K (+6.0%) 0.06% -0.002 pp 0.00% +0.000 pp USD2.71 +26.9% 4 qtrs
57 DEUTSCHE BANK AG\ 137.1K +13.8K (+11.2%) 471.7K +84.6K (+21.9%) 0.06% +0.007 pp 0.00% +0.000 pp USD3.27 +5.2% 50 qtrs
58 BOOTHBAY FUND MANAGEMENT, LLC 122.3K +122.3K (+100.0%) 420.9K +420.9K (+100.0%) 0.06% +0.058 pp 0.01% +0.006 pp USD3.44 +0.0% 1 qtrs NEW
59 PRICE T ROWE ASSOCIATES INC /MD/ 119.8K +11.2K (+10.3%) 413.0K +71.0K (+20.8%) 0.06% +0.005 pp 0.00% +0.000 pp USD3.09 +11.3% 23 qtrs
60 LOS ANGELES CAPITAL MANAGEMENT LLC 107.3K +— (+0.0%) 393.7K +56.9K (+16.9%) 0.05% +0.000 pp 0.00% +0.000 pp USD3.00 +14.7% 3 qtrs
61 VICTORY CAPITAL MANAGEMENT INC 111.7K +3.9K (+3.6%) 384.2K +45.7K (+13.5%) 0.05% +0.002 pp 0.00% +0.000 pp USD2.67 +28.8% 12 qtrs
62 ELLEVEST, INC. 108.7K +12.5K (+13.0%) 374.0K +71.8K (+23.8%) 0.05% +0.006 pp 0.05% +0.009 pp USD3.04 +13.2% 19 qtrs
63 BNP PARIBAS ARBITRAGE, SNC 104.5K +63.9K (+157.6%) 359.3K +232.0K (+182.2%) 0.05% +0.030 pp 0.00% +0.000 pp USD3.37 +2.1% 51 qtrs
64 GRAHAM CAPITAL MANAGEMENT, L.P. 95.2K -72.2K (-43.1%) 327.3K -198.0K (-37.7%) 0.04% -0.034 pp 0.01% -0.001 pp USD2.82 +22.0% 3 qtrs
65 METLIFE INVESTMENT MANAGEMENT, LLC 93.8K -16.7K (-15.1%) 322.6K -24.4K (-7.0%) 0.04% -0.008 pp 0.00% 0.000 pp USD2.84 +21.1% 33 qtrs
66 INTECH INVESTMENT MANAGEMENT LLC 88.7K -271.0 (-0.3%) 305.0K +25.8K (+9.2%) 0.04% 0.000 pp 0.00% +0.000 pp USD3.23 +6.5% 6 qtrs
67 KMG FIDUCIARY PARTNERS, LLC 86.7K +86.7K (+100.0%) 298.3K +298.3K (+100.0%) 0.04% +0.041 pp 0.02% +0.021 pp USD3.44 +0.0% 1 qtrs NEW
68 LPL FINANCIAL LLC 80.3K +1.8K (+2.3%) 276.2K +29.7K (+12.1%) 0.04% +0.001 pp 0.00% +0.000 pp USD4.02 -14.4% 51 qtrs
69 CAPTION MANAGEMENT, LLC 80.0K +55.0K (+220.0%) 275.2K +196.7K (+250.6%) 0.04% +0.026 pp 0.00% +0.001 pp USD3.35 +2.7% 2 qtrs
70 CLEAR STREET MARKETS LLC 77.8K +77.5K (+25,833.3%) 267.6K +266.7K (+28,311.0%) 0.04% +0.037 pp 0.03% +0.035 pp USD3.44 +0.0% 13 qtrs
71 QUADRANT CAPITAL GROUP LLC 74.0K +1.2K (+1.6%) 254.7K +25.9K (+11.3%) 0.04% +0.001 pp 0.01% +0.000 pp USD2.91 +18.2% 18 qtrs
72 GROUP ONE TRADING, L.P. 70.6K -275.5K (-79.6%) 243.0K -844.0K (-77.6%) 0.03% -0.130 pp 0.00% -0.002 pp USD2.74 +25.5% 5 qtrs
73 GSA CAPITAL PARTNERS LLP 63.6K -220.2K (-77.6%) 219.0K -672.0K (-75.4%) 0.03% -0.104 pp 0.02% -0.055 pp USD2.64 +30.3% 16 qtrs
74 BALYASNY ASSET MANAGEMENT L.P. 63.5K -435.7K (-87.3%) 218.4K -1.3M (-86.1%) 0.03% -0.206 pp 0.00% -0.002 pp USD2.93 +17.4% 9 qtrs
75 CITADEL ADVISORS LLC 62.4K -97.1K (-60.9%) 214.7K -286.2K (-57.1%) 0.03% -0.046 pp 0.00% +0.000 pp USD2.92 +17.8% 38 qtrs
76 NEW YORK STATE COMMON RETIREMENT FUND 60.7K +— (+0.0%) 208.9K +18.2K (+9.6%) 0.03% +0.000 pp 0.00% +0.000 pp USD5.61 -38.7% 43 qtrs
77 MANUFACTURERS LIFE INSURANCE COMPANY, THE 60.6K -9.0K (-13.0%) 208.5K -10.1K (-4.6%) 0.03% -0.004 pp 0.00% +0.000 pp USD3.66 -6.0% 29 qtrs
78 STATE OF ALASKA, DEPARTMENT OF REVENUE 60.7K +52.9K (+681.3%) 208.0K +184.0K (+766.7%) 0.03% +0.025 pp 0.00% +0.002 pp USD3.40 +1.2% 2 qtrs
79 WALLEYE CAPITAL LLC 60.3K +60.3K (+100.0%) 207.3K +207.3K (+100.0%) 0.03% +0.029 pp 0.00% +0.001 pp USD3.44 +0.0% 1 qtrs NEW
80 STATE BOARD OF ADMINISTRATION OF FLORIDA RETIREMENT SYSTEM 58.6K +— (+0.0%) 201.6K +17.6K (+9.6%) 0.03% +0.000 pp 0.00% +0.000 pp USD4.45 -22.7% 51 qtrs
81 RAYMOND JAMES FINANCIAL INC 58.5K +31.8K (+118.9%) 201.1K +117.3K (+139.8%) 0.03% +0.015 pp 0.00% +0.000 pp USD3.03 +13.5% 5 qtrs
82 CWM, LLC 55.3K -96.0 (-0.2%) 190.0K +16.0K (+9.2%) 0.03% +0.000 pp 0.00% +0.000 pp USD2.87 +19.9% 17 qtrs
83 ENTRYPOINT CAPITAL, LLC 54.9K +24.9K (+83.2%) 188.7K +94.7K (+100.7%) 0.03% +0.012 pp 0.07% +0.037 pp USD3.02 +13.9% 3 qtrs
84 CERITY PARTNERS LLC 54.5K +2.4K (+4.7%) 187.4K +24.0K (+14.7%) 0.03% +0.001 pp 0.00% +0.000 pp USD3.22 +6.8% 8 qtrs
85 POLICE & FIREMEN'S RETIREMENT SYSTEM OF NEW JERSEY 51.0K -10.1K (-16.5%) 175.4K -16.4K (-8.6%) 0.02% -0.005 pp 0.00% 0.000 pp USD2.64 +30.3% 5 qtrs
86 RUSSELL INVESTMENTS GROUP, LTD. 50.4K -1.2K (-2.4%) 173.5K +11.3K (+6.9%) 0.02% -0.001 pp 0.00% +0.000 pp USD2.99 +15.1% 14 qtrs
87 UMB BANK, N.A. 50.0K +50.0K (+100.0%) 172.0K +172.0K (+100.0%) 0.02% +0.024 pp 0.00% +0.002 pp USD3.44 +0.0% 1 qtrs NEW
88 SG AMERICAS SECURITIES, LLC 48.9K +21.7K (+80.0%) 168.0K +83.0K (+97.6%) 0.02% +0.010 pp 0.00% 0.000 pp USD3.60 -4.4% 8 qtrs
89 XTX TOPCO LTD 46.6K +46.6K (+100.0%) 160.4K +160.4K (+100.0%) 0.02% +0.022 pp 0.00% +0.004 pp USD3.44 +0.0% 1 qtrs NEW
90 APOLLON WEALTH MANAGEMENT, LLC 45.6K -1.0K (-2.2%) 156.9K +10.5K (+7.1%) 0.02% -0.001 pp 0.00% +0.000 pp USD3.38 +1.8% 13 qtrs
91 WEALTH ENHANCEMENT ADVISORY SERVICES, LLC 45.1K -5.8K (-11.4%) 155.5K -9.4K (-5.7%) 0.02% -0.003 pp 0.00% +0.000 pp USD3.20 +7.5% 10 qtrs
92 MERCER GLOBAL ADVISORS INC /ADV 44.6K +3.4K (+8.3%) 153.4K +24.2K (+18.7%) 0.02% +0.002 pp 0.00% +0.000 pp USD3.18 +8.2% 15 qtrs
93 BALLENTINE PARTNERS, LLC 44.4K -1.3K (-2.9%) 152.7K +9.1K (+6.4%) 0.02% -0.001 pp 0.00% +0.000 pp USD2.83 +21.6% 7 qtrs
94 BARON WEALTH MANAGEMENT LLC 43.6K +1.4K (+3.3%) 149.9K +17.4K (+13.2%) 0.02% +0.001 pp 0.05% +0.002 pp USD2.72 +26.5% 3 qtrs
95 WALLEYE TRADING LLC 40.1K -3.2K (-7.3%) 137.8K +2.1K (+1.5%) 0.02% -0.002 pp 0.00% +0.000 pp USD2.81 +22.4% 6 qtrs
96 VOYA INVESTMENT MANAGEMENT LLC 39.9K +— (+0.0%) 137.1K +12.0K (+9.6%) 0.02% +0.000 pp 0.00% +0.000 pp USD4.65 -26.0% 51 qtrs
Ownership breakdown by holder

Insider Activity

Insider Activity — Latest Quarter
Ratio by transactions
0.00
Bearish
Buys
1
Sells
0
Shares acquired
300.0K
Shares disposed
Cash buys
Cash sales
Net activity
+300,000
Insider buys vs sells (history) From To
Recent insider transactions From To
Date Person Role Transaction A/D Security Shares Price Value Owned after D/I Filing
2026-05-29 Hansson Alexander Director A-Award A Common Stock 300,000 5.16 1.55M 5,855,000 D
2026-03-18 Kelly James Jim Director Common Shares 0 0.00 85,000 D
2026-03-18 Hansson Herbjorn Director / Officer Common Shares 0 0.00 5,500,000 D
2026-03-18 Hansson Alexander Director Common Shares 0 0.00 5,555,000 D
2026-03-18 Giaever Bjoern Officer Common Shares 0 0.00 60,000 D
2026-03-18 Chu Jenny Director 0 0.00 0

Executive team

Top executives
EBIT / Employee
1.93M
Shares Outstanding
211.75M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings
Filing date Form type Filing
2026-05-29 4
2026-04-29 20-F
2026-04-23 3
2026-04-09 3
2026-04-09 3
2026-04-09 3
2026-03-24 3
2026-03-02 6-K
2025-11-28 6-K
2025-11-24 6-K

Executive team

NameTitleCompensationGender
Bjorn Giaever Executive Vice President, Chief Financial Officer & Secretary male
Erik Tomstad Executive Vice President of Chartering
Herbjorn Hansson Founder, Chairman, President & Chief Executive Officer male
ESG Rating
B-
MARINE SHIPPING
Rank: 37 out of 39
2025
E (Environmental)
55.6 / 61.4
Company / Sector avg.
S (Social)
54.8 / 63.0
Company / Sector avg.
G (Governance)
59.7 / 68.2
Company / Sector avg.
ESG Total
56.7 / 64.2
Company / Sector avg.
ESG Score History MARINE SHIPPING
Benchmark vs Sector
Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits