The closing price of SFL Corporation Ltd. (NYSE: SFL) was $8.56 for the day, down -1.83% from the previous closing price of $8.72. In other words, the price has decreased by -$0.16 from its previous closing price. On the day, 870555 shares were traded. SFL stock price reached its highest trading level at $8.75 during the session, while it also had its lowest trading level at $8.52.
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Our analysis of SFL’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.30 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 2.45 whereas as Long-Term Debt/Eq ratio is at 1.56.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SFL now has a Market Capitalization of 1.11B and an Enterprise Value of 3.50B. As of this moment, SFL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 5.69, and their Forward P/E ratio for the next fiscal year is 9.32. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.80 while its Price-to-Book (P/B) ratio in mrq is 0.99. Its current Enterprise Value per Revenue stands at 5.42 whereas that against EBITDA is 7.45.
Stock Price History:
Over the past 52 weeks, SFL has reached a high of $11.60, while it has fallen to a 52-week low of $8.43. The 50-Day Moving Average of the stock is 9.08, while the 200-Day Moving Average is calculated to be 9.77.
SFL traded an average of 919.39K shares per day over the past three months and 1.24M shares per day over the past ten days. A total of 126.80M shares are outstanding, with a floating share count of 104.74M. Insiders hold about 43.40% of the company’s shares, while institutions hold 34.60% stake in the company. Shares short for SFL as of Apr 27, 2023 were 2.28M with a Short Ratio of 1.77M, compared to 2.38M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.80% and a Short% of Float of 2.26%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.94, SFL has a forward annual dividend rate of 0.96. Against a Trailing Annual Dividend Yield of 10.78%, it implies a Forward Annual Dividend Yield of 10.92%. The stock’s 5-year Average Dividend Yield is 10.54.
The firm’s stock currently is rated by 4 analysts. On average, analysts expect EPS of $0.12 for the current quarter, with a high estimate of $0.2 and a low estimate of $0.04, while EPS last year was $0.45. The consensus estimate for the next quarter is $0.18, with high estimates of $0.28 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.9 and $0.26 for the fiscal current year, implying an average EPS of $0.68. EPS for the following year is $1.16, with 4 analysts recommending between $1.54 and $0.61.
It is expected that $90B in revenue will be generated in the current quarter, according to 3 analysts. It ranges from a high estimate of $184.7M to a low estimate of $167M. As of the current estimate, SFL Corporation Ltd.’s year-ago sales were $153.3M, an estimated increase of 14.70% from the year-ago figure. For the next quarter, 3 analysts are estimating revenue of $195.23M, an increase of 17.00% over than the figure of $14.70% in the same quarter last year. There is a high estimate of $198M for the next quarter, whereas the lowest estimate is $191.7M.
A total of 4 analysts have provided revenue estimates for SFL’s current fiscal year. The highest revenue estimate was $796M, while the lowest revenue estimate was $724.96M, resulting in an average revenue estimate of $749.56M. In the same quarter a year ago, actual revenue was $670.39M, up 11.80% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $828.9M in the next fiscal year. The high estimate is $867M and the low estimate is $769.6M. The average revenue growth estimate for next year is up 10.60% from the average revenue estimate for this year.