SFL (SFL) Stock Forecast, Price & News

2 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 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.

2 analysts have issued 1 year price targets for SFL's shares. Their SFL share price forecasts range from $12.00 to $12.00. On average, they predict the company's share price to reach $12.00 in the next year. This suggests a possible upside of 37.5% from the stock's current price.
View analysts price targets for SFL or view top-rated stocks among Wall Street analysts.

SFL's stock was trading at $9.22 on January 1st, 2023. Since then, SFL shares have decreased by 5.3% and is now trading at $8.73.
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SFL saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 1,770,000 shares, a decrease of 22.4% from the April 30th total of 2,280,000 shares. Based on an average daily trading volume, of 919,600 shares, the days-to-cover ratio is currently 1.9 days. Approximately 1.7% of the company's shares are short sold.
View SFL's Short Interest.

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 16th 2023.
View our SFL earnings forecast.

SFL Co. Ltd. (NYSE:SFL) posted its quarterly earnings data on Wednesday, November, 10th. The shipping company reported $0.26 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.24 by $0.02. The shipping company had revenue of $135.45 million for the quarter, compared to analyst estimates of $124.72 million. SFL had a net margin of 23.45% and a trailing twelve-month return on equity of 11.29%. During the same quarter in the previous year, the company earned $0.21 earnings per share.

SFL declared a quarterly dividend on Monday, May 15th. Stockholders of record on Friday, June 16th will be given a dividend of $0.24 per share on Friday, June 30th. This represents a $0.96 dividend on an annualized basis and a yield of 11.00%. The ex-dividend date of this dividend is Thursday, June 15th.
Read our dividend analysis for SFL.

ETFs with the largest weight of SFL (NYSE:SFL) stock in their portfolio include Timothy Plan Market Neutral ETF (TPMN), BNY Mellon Global Infrastructure Income ETF (BKGI), SonicShares Global Shipping ETF (BOAT), Avantis U.S. Small Cap Value ETF (AVUV), Vanguard US Multifactor ETF (VFMF), Invesco FTSE RAFI US 1500 Small-Mid ETF (PRFZ), SPDR S&P International Small Cap ETF (GWX).Pacer Industrials and Logistics ETF (SHPP).

SFL (NYSE:SFL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 11.00%. 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 75.59%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for SFL.

Based on aggregate information from My MarketBeat watchlists, some companies that other SFL investors own include Energy Transfer (ET), AT&T (T), New Residential Investment (NRZ), Esperion Therapeutics (ESPR), Ford Motor (F), Frontier Communications (FTR), Pfizer (PFE), Frontline (FRO), Annaly Capital Management (NLY) and Main Street Capital (MAIN).

SFL trades on the New York Stock Exchange (NYSE) under the ticker symbol "SFL."

SFL's stock is owned by a variety of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (5.37%), BlackRock Inc. (4.24%), Bank of New York Mellon Corp (2.83%), LSV Asset Management (1.68%), State Street Corp (1.53%) and Renaissance Technologies LLC (1.01%).
View institutional ownership trends.

Shares of SFL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of SFL stock can currently be purchased for approximately $8.73.

SFL (NYSE:SFL) has a market capitalization of $1.21 billion and generates $670.39 million in revenue each year. The shipping company earns $202.77 million in net income (profit) each year or $1.27 on an earnings per share basis.

SFL's mailing address is 14 PAR-LA-VILLE ROAD, HAMILTON D0, HM 08. The official website for the company is www.sflcorp.com. The shipping company can be reached via phone at (441) 295-9500, via email at ir@shipfinance.no, or via fax at 1-441-295-3494.