With 0.72 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.84 million shares. During the session, the Marine Shipping company that operates in wider Industrials sector, reached to the highest price of $11.025 whereas the lowest price it dropped to was $10.765. The 52-week range on SFL shows that it touched its highest point at $14.62 and its lowest point at $10.01 during that stretch. It currently has a 1-year price target of $12.95. With its current market cap of 1.62 billion, SFL has annualized dividend of $1.05 while the current yield stands at 9.55%. SFL paid its most recent dividend on 1726012800, while the ex-dividend date for that was 1734048000. Beta for the stock currently stands at 0.73.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of SFL was up-trending over the past week, with a rise of 5.77%, but this was up by 1.20% over a month. Three-month performance dropped to -5.26% while six-month performance fell -22.33%. The stock lost -1.61% in the past year, while it has lost -2.57% so far this year. For the next quarter, that number is 0.16. This implies an EPS growth rate of 67.80% for this year and -47.60% for next year. EPS is expected to decline by -7.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -0.94%.
Float and Shares Shorts:
At present, 137.47 million SFL shares are outstanding with a float of 108.07 million shares on hand for trading. On 2024-10-31, short shares totaled 1.21 million, which was 89.99999999999999 higher than short shares on 1727654400. In addition to Mr. Ole Bjarte Hjertaker as the firm’s CEO of SFL Management AS & Director, Mr. Aksel C. Olesen serves as its Chief Financial Officer of SFL Management AS.
Institutional Ownership:
Through their ownership of 0.36054 of SFL’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, SFL reported revenue of $253246000.0 and operating income of $94139000.0. The EBITDA in the recently reported quarter was $161598000.0 and diluted EPS was $0.34.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for SFL since 4 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 2 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With SFL analysts setting a high price target of 16.0 and a low target of 10.8, the average target price over the next 12 months is 12.95. Based on these targets, SFL could surge 45.59% to reach the target high and fall by -1.73% to reach the target low. Reaching the average price target will result in a growth of 17.83% from current levels.
Analysts have provided yearly estimates in a range of $1.0734 being high and $0.90898 being low. For SFL, this leads to a yearly average estimate of $1.02151. The surprise factor in the prior quarter was $0. Based on analyst estimates, the high estimate for the next quarter is $0.11 and the low estimate is $0.04. The average estimate for the next quarter is thus $0.07.
