Analysts Estimate Report : What to Look Out for Ship Finance International Stock Forecast, Price & News (NYSE:SFL)

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Earnings results for Ship Finance International Stock Forecast, Price & News (NYSE:SFL)

Estimate Momentum measures change in analyst sentiment over time and may be an indicator of future price movements. The Change in Consensus chart shows the current, 1 week ago, and 1 month ago consensus earnings per share (EPS*) forecasts. For the fiscal quarter endingJun 2020 , the consensus EPS* forecast has remained the same over the past week at 0.17 and remained the same over the past month at 0.17. none raised and none lowered their forecast. For the fiscal year ending Dec 2020 , the consensus EPS* forecast has remained the same over the past week at 0.86 and remained the same over the past month at 0.86 . none raised and none lowered their forecast.

Ship Finance International last announced its quarterly earnings results on May 20th, 2020. The shipping company reported $0.24 EPS for the quarter, topping analysts’ consensus estimates of $0.22 by $0.02. The business had revenue of $121.90 million for the quarter, compared to analyst estimates of $119.86 million. Ship Finance International has generated $1.09 earnings per share over the last year. Ship Finance International has not formally confirmed its next earnings publication date, but the company’s estimated earnings date is Tuesday, August 18th, 2020 based off prior year’s report dates.

Analyst Opinion on Ship Finance International Stock Forecast, Price & News (NYSE:SFL)

5 Wall Street analysts have issued ratings and price targets for Ship Finance International in the last 12 months. Their average twelve-month price target is $11.54, predicting that the stock has a possible upside of 21.22%. The high price target for SFL is $14.70 and the low price target for SFL is $9.00. There are currently 4 hold ratings and 1 buy rating for the stock, resulting in a consensus rating of “Hold.”

Ship Finance International has received a consensus rating of Hold. The company’s average rating score is 2.20, and is based on 1 buy rating, 4 hold ratings, and no sell ratings. According to analysts’ consensus price target of $11.54, Ship Finance International has a forecasted upside of 21.2% from its current price of $9.52. Ship Finance International has only been the subject of 2 research reports in the past 90 days.

Dividend Strength: Ship Finance International Stock Forecast, Price & News (NYSE:SFL)

Ship Finance International is a leading dividend payer. It pays a dividend yield of 10.68%, putting its dividend yield in the top 25% of dividend-paying stocks. Ship Finance International does not have a long track record of dividend growth. The dividend payout ratio of Ship Finance International is 91.74%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, Ship Finance International will have a dividend payout ratio of 136.99% in the coming year. This indicates that Ship Finance International may not be able to sustain their current dividend.

Insiders buying/selling: Ship Finance International Stock Forecast, Price & News (NYSE:SFL)

In the past three months, Ship Finance International insiders have not sold or bought any company stock. Only 28.85% of the stock of Ship Finance International is held by institutions.

Earnings and Valuation of Ship Finance International Stock Forecast, Price & News (NYSE:SFL

Earnings for Ship Finance International are expected to decrease by -15.12% in the coming year, from $0.86 to $0.73 per share. The P/E ratio of Ship Finance International is -32.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. The P/E ratio of Ship Finance International is -32.83, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings. Ship Finance International has a P/B Ratio of 1.03. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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