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NYSE:SFL

SFL (SFL) Stock Price, News & Analysis

$14.37
+0.04 (+0.28%)
(As of 12:39 PM ET)
Today's Range
$14.31
$14.62
50-Day Range
$12.47
$14.34
52-Week Range
$8.52
$14.62
Volume
409,975 shs
Average Volume
716,980 shs
Market Capitalization
$1.99 billion
P/E Ratio
14.81
Dividend Yield
7.52%
Price Target
$12.33

SFL MarketRank™ Stock Analysis

Analyst Rating
Hold
2.33 Rating Score
Upside/​Downside
14.9% Downside
$12.33 Price Target
Short Interest
Healthy
1.59% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.52mentions of SFL in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
N/A

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.70 out of 5 stars

Transportation Sector

103rd out of 114 stocks

Deep Sea Foreign Transportation Of Freight Industry

26th out of 27 stocks

SFL stock logo

About SFL Stock (NYSE:SFL)

SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2023, the company owned seven crude oil carriers, six oil product tankers, 15 dry bulk carriers, 32 container vessels, one jack-up drilling rig, one ultra-deepwater drilling rig, and five car carriers. It primarily operates in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was founded in 2003 and is based in Hamilton, Bermuda.

SFL Stock Price History

SFL Stock News Headlines

16-story hotel proposed in Downtown Raleigh
BTIG Research Boosts SFL (NYSE:SFL) Price Target to $16.00
SFL Corporation: SFL - First Quarter 2024 Results
SFL - First Quarter 2024 Results Presentation
SFL - First Quarter 2024 Results
SFL - 2024 AGM Results Notification
SFL – First-Quarter 2024 Financial Information
SFL buys chemical tanker duo for charter to Stolt Tankers
SFL - Notice of exercise of call option
See More Headlines
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Company Calendar

Last Earnings
8/17/2023
Ex-Dividend for 3/28 Dividend
3/14/2024
Dividend Payable
3/28/2024
Today
5/21/2024
Ex-Dividend for 6/26 Dividend
5/24/2024
Dividend Payable
6/26/2024
Next Earnings (Estimated)
8/15/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
Oil & Gas Storage & Transportation
CUSIP
G8107510
Employees
21
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$12.33
High Stock Price Target
$16.00
Low Stock Price Target
$10.00
Potential Upside/Downside
-13.9%
Consensus Rating
Hold
Rating Score (0-4)
2.33
Research Coverage
3 Analysts

Profitability

Net Income
$83.94 million
Pretax Margin
11.60%

Debt

Sales & Book Value

Annual Sales
$752.29 million
Cash Flow
$2.25 per share
Book Value
$7.50 per share

Miscellaneous

Free Float
N/A
Market Cap
$1.99 billion
Optionable
Optionable
Beta
0.65
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Key Executives

  • Mr. Ole Bjarte HjertakerMr. Ole Bjarte Hjertaker (Age 57)
    CEO of SFL Management AS & Director
  • Mr. Aksel C. Olesen (Age 48)
    Chief Financial Officer of SFL Management AS
  • Mr. Trym Otto Sjølie
    Chief Operating Officer
  • Ms. Thecla Panagides
    Chief Accounting Officer
  • Mr. Marius Furuly
    Vice President of Finance & Investor Relations
  • Ms. Jannicke Eilertsen
    Compliance Officer
  • Mr. Mikkel Storm Weum
    Senior Vice President of Business Development
  • Mr. André Reppen (Age 42)
    Senior VP & Chief Treasurer of SFL Management AS
  • Mr. James Ayers (Age 42)
    Company Secretary

SFL Stock Analysis - Frequently Asked Questions

Should I buy or sell SFL stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SFL in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" SFL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in SFL, but not buy additional shares or sell existing shares.
View SFL analyst ratings
or view top-rated stocks.

What is SFL's stock price target for 2024?

3 analysts have issued 1-year price objectives for SFL's shares. Their SFL share price targets range from $10.00 to $16.00. On average, they anticipate the company's stock price to reach $12.33 in the next year. This suggests that the stock has a possible downside of 14.9%.
View analysts price targets for SFL
or view top-rated stocks among Wall Street analysts.

How have SFL shares performed in 2024?

SFL's stock was trading at $11.28 at the beginning of 2024. Since then, SFL stock has increased by 28.5% and is now trading at $14.50.
View the best growth stocks for 2024 here
.

When is SFL's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024.
View our SFL earnings forecast
.

How were SFL's earnings last quarter?

SFL Co. Ltd. (NYSE:SFL) released its quarterly earnings results on Thursday, August, 17th. The shipping company reported $0.07 earnings per share for the quarter, beating the consensus estimate of $0.04 by $0.03. The shipping company had revenue of $164.60 million for the quarter, compared to analyst estimates of $170.44 million. SFL had a net margin of 15.21% and a trailing twelve-month return on equity of 11.48%. The company's revenue for the quarter was up 7.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.45 earnings per share.

How often does SFL pay dividends? What is the dividend yield for SFL?

SFL announced a quarterly dividend on Tuesday, May 14th. Stockholders of record on Tuesday, May 28th will be paid a dividend of $0.27 per share on Wednesday, June 26th. This represents a $1.08 dividend on an annualized basis and a yield of 7.45%. The ex-dividend date is Friday, May 24th. This is an increase from the stock's previous quarterly dividend of $0.26.
Read our dividend analysis for SFL
.

Is SFL a good dividend stock?

SFL (NYSE:SFL) pays an annual dividend of $1.08 per share and currently has a dividend yield of 7.32%. SFL has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The company has been increasing its dividend for 3 consecutive year(s), indicating that it does not yet have a strong track record of dividend growth. The dividend payout ratio is 111.34%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SFL.

What other stocks do shareholders of SFL own?
Who are SFL's major shareholders?

SFL's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Bridgeway Capital Management LLC (1.00%), Vanguard Group Inc. (0.97%), Russell Investments Group Ltd. (0.77%), Empowered Funds LLC (0.45%), Doheny Asset Management CA (0.19%) and Acadian Asset Management LLC (0.09%).
View institutional ownership trends
.

How do I buy shares of SFL?

Shares of SFL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NYSE:SFL) was last updated on 5/21/2024 by MarketBeat.com Staff

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