As of close of business last night, SFL Corporation Ltd’s stock clocked out at $13.12, up 0.31% from its previous closing price of $13.08. In other words, the price has increased by $+0.04 from its previous closing price. On the day, 548022 shares were traded.
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Ratios:
To gain a deeper understanding of SFL’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.43 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.93. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.30. In the meantime, Its Debt-to-Equity ratio is 2.47 whereas as Long-Term Debt/Eq ratio is at 1.65.
On November 09, 2021, DNB Markets Downgraded its rating to Hold which previously was Buy but kept the price unchanged to $8.
Jefferies Upgraded its Hold to Buy on August 19, 2021, while the target price for the stock was maintained at $9.
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 1.80B and an Enterprise Value of 4.20B. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.40 while its Price-to-Book (P/B) ratio in mrq is 1.74. Its current Enterprise Value per Revenue stands at 5.58 whereas that against EBITDA is 9.01.
Stock Price History:
Over the past 52 weeks, SFL has reached a high of $13.74, while it has fallen to a 52-week low of $8.43. The 50-Day Moving Average of the stock is 12.74, while the 200-Day Moving Average is calculated to be 11.19.
Shares Statistics:
It appears that SFL traded 778.22K shares on average per day over the past three months and 679.72k shares per day over the past ten days. A total of 137.47M shares are outstanding, with a floating share count of 96.34M. Insiders hold about 29.94% of the company’s shares, while institutions hold 29.18% stake in the company. Shares short for SFL as of Mar 15, 2024 were 1.94M with a Short Ratio of 2.50, compared to 1.45M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.41% and a Short% of Float of 1.74%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.99, SFL has a forward annual dividend rate of 0.99. Against a Trailing Annual Dividend Yield of 7.57%, it implies a Forward Annual Dividend Yield of 7.93%. The stock’s 5-year Average Dividend Yield is 10.22.
Earnings Estimates
As of right now, 2 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.26 for the current quarter, with a high estimate of $0.3 and a low estimate of $0.23, while EPS last year was $0.11. The consensus estimate for the next quarter is $0.04, with high estimates of $0.09 and low estimates of -$0.01.
Analysts are recommending an EPS of between $1.19 and $0 for the fiscal current year, implying an average EPS of $0.79. EPS for the following year is $0.75, with 4 analysts recommending between $1.17 and $0.
Revenue Estimates
In the current quarter, 2 analysts expect revenue to total $213.6M. It ranges from a high estimate of $220M to a low estimate of $207.2M. As of the current estimate, SFL Corporation Ltd’s year-ago sales were $168.07M, an estimated increase of 27.10% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $187.65M, an increase of 7.10% less than the figure of $27.10% in the same quarter last year. There is a high estimate of $192.3M for the next quarter, whereas the lowest estimate is $183M.
A total of 4 analysts have provided revenue estimates for SFL’s current fiscal year. The highest revenue estimate was $928M, while the lowest revenue estimate was $838.7M, resulting in an average revenue estimate of $875.92M. In the same quarter a year ago, actual revenue was $752.29M, up 16.40% from the average estimate. Based on 4 analysts’ estimates, the company’s revenue will be $824.02M in the next fiscal year. The high estimate is $858M and the low estimate is $774M. The average revenue growth estimate for next year is down -5.90% from the average revenue estimate for this year.
