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 brokerages have issued 12 month price objectives 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 26.3% 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 start of the year. Since then, SFL shares have increased by 3.0% and is now trading at $9.50.
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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) released its quarterly earnings results on Wednesday, November, 10th. The shipping company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The shipping company earned $135.45 million during the quarter, compared to the consensus estimate of $124.72 million. SFL had a trailing twelve-month return on equity of 14.48% and a net margin of 30.25%. During the same quarter in the previous year, the business earned $0.21 earnings per share.

SFL announced a quarterly dividend on Wednesday, February 15th. Investors of record on Wednesday, March 15th will be paid a dividend of $0.24 per share on Thursday, March 30th. This represents a $0.96 dividend on an annualized basis and a dividend yield of 10.11%. The ex-dividend date of this dividend is Tuesday, March 14th. This is a positive change 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 10.20%. 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."

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 $9.50.

SFL (NYSE:SFL) has a market capitalization of $1.32 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.