SFL (SFL) Stock Price, News & Analysis

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for SFL in the last year. 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.
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3 equities research analysts have issued 1 year price objectives for SFL's stock. Their SFL share price targets range from $10.00 to $16.00. On average, they predict the company's share price to reach $12.33 in the next twelve months. This suggests that the stock has a possible downside of 13.5%.
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SFL's stock was trading at $11.28 at the beginning of 2024. Since then, SFL shares have increased by 26.3% and is now trading at $14.25.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 15th 2024.
View our SFL earnings forecast.

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

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 7.58%. 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.

SFL (NYSE:SFL) pays an annual dividend of $1.04 per share and currently has a dividend yield of 7.43%. 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 107.22%. Payout ratios above 75% are not desirable because they may not be sustainable.
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), Global SuperDividend US ETF (DIV), U.S. Global Sea to Sky Cargo ETF (SEA) and SonicShares Global Shipping ETF (BOAT).EA Bridgeway Omni Small-Cap Value ETF (BSVO).

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's stock is owned by many different institutional and retail investors. Top institutional investors 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%).
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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.
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