3 Top Breakout Stocks to Buy in October With Big Upside
Corsair Gaming, Nordic American Tankers and HireQuest emerge as potential October breakouts, backed by strong gains and proximity to 52-week highs.
Stock Taper 
NAT
$8.21
▼ DOWN 0.12% (-0.01)
KEY STATISTICS
Market Cap$1.74 B
52w High$8.71
52w Low$3.10
Dividend Yield11.67%
FrequencyQuarterly
P/E15.20
Volume5.91M
Shares Out.211.75M
COMPANY
LEADERSHIP
CHIEF EXECUTIVE
Herbjorn Hansson
ABOUT
SECTOR
Industrials
WENT PUBLIC
September 30, 1997
METHOD OF GOING PUBLIC
IPO
FULL TIME EMPLOYEES
18
PRICE TARGET
Target High$4.00
Target Low$3.00
Target Median$3.50
Target Consensus$3.50
UPCOMING EARNINGS
DateNov 27, 2026
DayFriday
Rev. Est.$74.14M
NOV
27
FRI
SPLIT RECORD
| DATE | TYPE | RATIO |
|---|---|---|
| 2014-07-23 | Forward | 507:500 |
ETFS HOLDING THIS STOCK
ETFS HOLDING
62
LISTED HERE
10
RANKED BY POSITION SIZE
INSTITUTIONAL OWNERSHIP
SHARES OWNED
36.82%
HOLDERS
392
TOP 8 OF 392 · RANKED BY POSITION SIZE
PRICE
$8.21 ▼ DOWN 0.12% (−$0.01)About Nordic American Tankers Limited
https://www.nat.bm ↗Nordic American Tankers Limited, based in Bermuda, operates a fleet of 24 Suezmax crude oil tankers worldwide, specializing in acquiring and chartering double-hull tankers since 1995.
INDUSTRY
Marine Shipping
A SERVICE NORDIC AMERICAN TANKERS LIMITED IS KNOWN FOR
Suezmax Crude Oil Tanker Shipping
Nordic American Tankers Limited transports crude oil globally using its fleet of Suezmax tankers on spot and short-term charters, supporting the energy industry's transportation needs.
Nordic American Tankers Limited in 2025
SENTIMENT: + POSITIVE
RESTRUCTURING · Q1-Q2 2025
Nordic American Tankers Undertakes Major Fleet Renewal and Refinancing Program in Early 2025
In the first half of 2025, Nordic American Tankers initiated its most active period of fleet renewal in years, acquiring two modern Suezmax tankers for a total of $132 million and selling two older vessels for $45 million. [1, 6] This strategic move to modernize its fleet was coupled with a new five-year, $150 million senior secured credit agreement, significantly enhancing the company's financial flexibility. [1, 14]
OPERATIONAL · Q1 AND Q2 2025 · PARTIALLY COMPLETED
Nordic American Tankers Accelerates Fleet Modernization with Acquisition of Newer Vessels and Divestiture of Older Tankers in 2025
In a significant strategic move throughout 2025, Nordic American Tankers engaged in a comprehensive fleet renewal program. The company acquired two modern, 2016-built Suezmax tankers and exercised purchase options on two 2018-built vessels, while simultaneously selling off two of its older tankers built in 2003 and 2004. This initiative is aimed at reducing the average age of its fleet to enhance operational efficiency and competitiveness.
Latest News
EARLIER COVERAGE
Contrasting Nordic American Tankers (NYSE:NAT) and Torm (NASDAQ:TRMD)
Nordic American Tankers (NYSE: NAT - Get Free Report) and Torm (NASDAQ: TRMD - Get Free Report) are both energy companies, but which is the better stock? We will contrast the two companies based on the strength of their dividends, profitability, earnings, valuation, analyst recommendations, risk and institutional ownership. Earnings and Valuation This table compares Nordic American
Nordic American Tankers Ltd (NYSE: NAT) - The Hansson family now collectively own 12 million NAT shares
Tuesday October 6, 2026 Dear Shareholders and Investors, I am pleased to inform you that my son, Monaco based Alexander Hansson, Vice-Chairman of NAT has bought 300,000 shares at $8.44 per share, bringing his holding to 6,300,000 shares. Following this transaction, members of the Hansson family collectively own 12 million NAT shares.
Nordic American Tankers CEO on the state of global shipping & freight rates
Nordic American Tankers chairman & CEO Herbjorn Hansson discusses how demand is solidly holding up for the company's ships even as transit risks remain surrounding the Strait of Hormuz and Persian Gulf.
RATINGS SNAPSHOT
Overall rating: B+
Discounted Cash Flow1
Return On Equity5
Return On Assets5
Debt To Equity1
Price To Earnings4
Price To Book2
Overall Score3
MOST RECENT ANALYST GRADES
GRADE SUMMARY
BUY 1
UNDERPERFORM 1
HOLD 1
3 GRADES IN THE LAST 12 MONTHS
SECTORS PEERS
| PEER | PRICE | |
|---|---|---|
 TH | $18.23 | COMPARE |
 SFL | $13.41 | COMPARE |
 GSL | $45.08 | COMPARE |
 GNK | $27.23 | COMPARE |
 NPK | $147.86 | COMPARE |
 MRTN | $12.69 | COMPARE |
 APOG | $41.19 | COMPARE |
 BWMN | $42.78 | COMPARE |
TRADES BY CONGRESS
HOUSE TRADES
Chris Jacobs
Purchase
2022-06-16
INSIDER TRADES
★
DIRECTOR
Hansson Alexander
Purchase · 300.0K shares
2026-10-06
★
OFFICER: CHIEF EXECUTIVE OFFICER
Hansson Herbjorn
Purchase · 100.0K shares
2026-07-10
★
DIRECTOR
Hansson Alexander
Purchase · 145.0K shares
2026-06-25
★
DIRECTOR, OFFICER: CHIEF EXECUTIVE OFFICER
Hansson Herbjorn
Purchase · 100.0K shares
2026-06-03