SFL Corporation Ltd (NYSE:SFL) price on Friday, May 02, rose 1.47% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $8.28.
A look at the stock’s price movement, the close in the last trading session was $8.16, moving within a range at $8.09 and $8.3307. The beta value (5-Year monthly) was 0.624 while the PE ratio in trailing twelve months stood at 8.19. Turning to its 52-week performance, $14.62 and $6.78 were the 52-week high and 52-week low respectively. Overall, SFL moved 0.49% over the past month.
SFL Corporation Ltd’s market cap currently stands at around $1.21 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-11. The company has a Forward Dividend ratio of 1.08, with its dividend yield at 13.04%. As such, investors might be keen on an upside in the stock’s price ahead of the scheduled earnings report.
Analysts have a consensus estimate of 183.92M for the company’s revenue for the quarter, with a low and high estimate of 177.4M and 191.7M respectively. The average forecast suggests down to a -19.71% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 735.02M, representing a -18.73% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that SFL is a 50% Sell. On the other hand, the stock is on average a 50% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
4 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 2 analyst(s) rate the stock as a Hold, 2 recommend SFL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
SFL’s current price about 6.57% and 0.52% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 55.78, while 7-day volatility ratio is 2.49% and 4.39% in the 30-day chart. Further, SFL Corporation Ltd (SFL) has a beta value of 0.55, and an average true range (ATR) of 0.29. Analysts have given the company’s stock an average 52-week price target of $14.5, forecast between a low of $13 and high of $16. Looking at the price targets, the low is -57.0% off current price level while to achieve the yearly target high, price needs to move -93.24%. Nonetheless, investors will most likely welcome a -75.12% jump to $14.5 which is the analysts’ median price.
If we refocus on SFL Corporation Ltd (NYSE:SFL), historical trading data shows that trading volumes averaged 1.03 over the past 10 days and 1.42 million over the past 3 months. The company’s latest data on shares outstanding shows there are 145.71 million shares.
The 28.10% of SFL Corporation Ltd’s shares are in the hands of company insiders while institutional holders own 32.30% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 3.76 million on 2025-04-15, giving us a short ratio of 2.5. The data shows that as of 2025-04-15 short interest in SFL Corporation Ltd (SFL) stood at 347.99999999999994 of shares outstanding, with shares short rising to 3.03 million registered in 2025-03-14. Current price change has pushed the stock -18.98% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the SFL stock continues to rise going into the next quarter.
