SFL Corporation Ltd which can be found using ticker (SFL) have now 5 confirmed analysts covering the stock with the consensus suggesting a rating of ‘Buy’. The range between the high target price and low target price is between 16 and 11 calculating the mean target price we have $12.64. Now with the previous closing price of $9.35 and the analysts are correct then we can expect a percentage increase in value of 35.2%. It’s also worth noting that there is a 50 day moving average of $9.77 while the 200 day moving average is $9.88. The company has a market capitalization of $1,175m. You can visit the company’s website by visiting: https://www.sflcorp.com
The potential market cap would be $1,589m based on the market consensus.
SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, chemical transportation, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2022, the company owned 10 crude oil tankers, 15 dry bulk carriers, 32 container vessels, three car carriers, one jack-up drilling rig, one ultra-deepwater drilling unit, two chemical tankers, and six oil product tankers. It primarily operates in Bermuda, Cyprus, Liberia, Norway, Singapore, the United Kingdom, and the Marshall Islands. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. SFL Corporation Ltd. was incorporated in 2003 and is headquartered in Hamilton, Bermuda.
The company has a dividend yield of 10.36% with the ex dividend date set at 14-3-2023 (DMY).
Other points of data to note are a P/E ratio of 6.06, revenue per share of 5.24 and a 4.48% return on assets.
