SFL Corporation Ltd (NYSE: SFL) is -10.96% lower on its value in year-to-date trading and has touched a low of $9.08 and a high of $14.62 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The SFL stock was last observed hovering at around $9.11 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $9.10, the stock is -10.42% and -11.44% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.43 million and changing -0.11% at the moment leaves the stock -21.57% off its SMA200. SFL registered -30.96% loss for a year compared to 6-month loss of -21.89%.
The stock witnessed a -12.50% gain in the last 1 month and extending the period to 3 months gives it a -16.44%, and is -4.61% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 2.57% over the week and 2.91% over the month.
SFL Corporation Ltd (SFL) has around 21 employees, a market worth around $1.22B and $904.40M in sales. Current P/E ratio is 9.00 and Fwd P/E is 26.28. Profit margin for the company is 14.45%. Distance from 52-week low is 0.22% and -37.76% from its 52-week high. The company has generated returns on investments over the last 12 months (3.98%).
The EPS is expected to shrink by -102.22% this year
The shares outstanding are 133.94M, and float is at 99.35M with Short Float at 1.98%.
The top institutional shareholder in the company is DIMENSIONAL FUND ADVISORS LP with over 9.0 million shares valued at $$124.86 million. The investor’s holdings represent 7.1528 of the SFL Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.05 million shares valued at $$83.91 million to account for 4.8069 of the shares outstanding. The other top investors are AMERICAN CENTURY COMPANIES INC which holds 2.8 million shares representing 2.2265 and valued at over $$38.91 million, while STATE STREET CORP holds 1.6088 of the shares totaling 2.02 million with a market value of $$28.08 million.
