SFL - SFL Stock Forecast, Price & News

2 Wall Street 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 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 twelve-month price objectives for SFL's stock. Their SFL share price forecasts range from $12.00 to $12.00. On average, they expect the company's stock price to reach $12.00 in the next year. This suggests a possible upside of 27.0% 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 at the beginning of 2023. Since then, SFL shares have increased by 2.5% and is now trading at $9.45.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, May 11th 2023.
View our SFL earnings forecast.

SFL Co. Ltd. (NYSE:SFL) posted its quarterly earnings results on Wednesday, November, 10th. The shipping company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The shipping company had revenue of $135.45 million for the quarter, compared to the consensus estimate of $124.72 million. SFL had a net margin of 30.25% and a trailing twelve-month return on equity of 14.48%. During the same period in the prior year, the firm posted $0.21 earnings per share.

SFL announced a quarterly dividend on Wednesday, February 15th. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.24 per share on Thursday, March 30th. This represents a $0.96 annualized dividend and a yield of 10.16%. The ex-dividend date of this dividend is Tuesday, March 14th. This is an increase from the stock's previous quarterly dividend of $0.23.
Read our dividend analysis for SFL.

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

SFL (NYSE:SFL) pays an annual dividend of $0.96 per share and currently has a dividend yield of 10.55%. 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 60.38%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SFL will have a dividend payout ratio of 73.28% next year. This indicates that the company will be able to sustain or increase its dividend.
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 number of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.75%), LSV Asset Management (1.77%), Arrowstreet Capital Limited Partnership (1.24%), Renaissance Technologies LLC (0.94%), American Century Companies Inc. (0.81%) and Geode Capital Management LLC (0.75%).
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 $9.45.

SFL (NYSE:SFL) has a market capitalization of $1.31 billion and generates $670.39 million in revenue each year. The shipping company earns $202.77 million in net income (profit) each year or $1.59 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.