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After finishing at $7.53 in the prior trading day, SFL Corporation Ltd (NYSE: SFL) closed at $7.63, up 1.33%. In other words, the price has increased by $1.33 from its previous closing price. On the day, 1.65 million shares were traded. SFL stock price reached its highest trading level at $7.65 during the session, while it also had its lowest trading level at $7.49.
Ratios:
Our goal is to gain a better understanding of SFL by taking a closer look at its different ratios. 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 2.79 whereas as Long-Term Debt/Eq ratio is at 1.97.
On August 18, 2023, Pareto Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $11.
DNB Markets Downgraded its Buy to Hold on November 09, 2021, while the target price for the stock was maintained at $8.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 07 ’24 when Olesen Aksel bought 43,708 shares for $11.73 per share.
Valuation Measures:
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 1018098816 and an Enterprise Value of 3679127296. As of this moment, SFL’s Price-to-Earnings (P/E) ratio for their current fiscal year is 29.26, and their Forward P/E ratio for the next fiscal year is 30.52. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.17 while its Price-to-Book (P/B) ratio in mrq is 1.09. Its current Enterprise Value per Revenue stands at 4.316 whereas that against EBITDA is 7.577.
Stock Price History:
The Beta on a monthly basis for SFL is 0.51, which has changed by -0.35695988 over the last 52 weeks, in comparison to a change of 0.17342639 over the same period for the S&P500. Over the past 52 weeks, SFL has reached a high of $11.85, while it has fallen to a 52-week low of $6.78. The 50-Day Moving Average of the stock is -9.99%, while the 200-Day Moving Average is calculated to be -14.37%.
Shares Statistics:
The stock has traded on average 1.29M shares per day over the past 3-months and 1345870 shares per day over the last 10 days, according to various share statistics. A total of 144.50M shares are outstanding, with a floating share count of 95.37M. Insiders hold about 28.16% of the company’s shares, while institutions hold 33.83% stake in the company. Shares short for SFL as of 1757894400 were 5105971 with a Short Ratio of 3.96, compared to 1755216000 on 3482912. Therefore, it implies a Short% of Shares Outstanding of 5105971 and a Short% of Float of 4.78.
Dividends & Splits
In the trailing 12 months, SFL’s forward annual dividend rate was 1.01, compared to 1.01 this year. Against a Trailing Annual Dividend Yield of 0.13413014. The stock’s 5-year Average Dividend Yield is 9.72.
Earnings Estimates
A comprehensive evaluation of SFL Corporation Ltd (SFL) is underway, with the input of 3.0 analysts contributing to its current rating.The consensus estimate for the next quarter is $0.0, with high estimates of $0.09 and low estimates of -$0.08.
Analysts are recommending an EPS of between $0.16 and -$0.19 for the fiscal current year, implying an average EPS of -$0.03. EPS for the following year is $0.36, with 3.0 analysts recommending between $0.62 and -$0.12.
Revenue Estimates
2 analysts predict $173.6M in revenue for. The current quarter. It ranges from a high estimate of $175.6M to a low estimate of $171.6M. As of. The current estimate, SFL Corporation Ltd’s year-ago sales were $255.32MFor the next quarter, 2 analysts are estimating revenue of $172.45M. There is a high estimate of $177.8M for the next quarter, whereas the lowest estimate is $167.1M.
A total of 2 analysts have provided revenue estimates for SFL’s current fiscal year. The highest revenue estimate was $732.7M, while the lowest revenue estimate was $718.1M, resulting in an average revenue estimate of $725.4M. In the same quarter a year ago, actual revenue was $904.4MBased on 3 analysts’ estimates, the company’s revenue will be $763.94M in the next fiscal year. The high estimate is $831.33M and the low estimate is $714.5M.
