Alert: New Earnings Report (11/8/23)-SFL Corp Ltd (NYSE: SFL).


SFL Corp Ltd (NYSE: SFL) has reported E.P.S. of $0.23 for its third fiscal quarter (ending September 30) versus $0.39 for the same period a year ago — a decline of -41%. However, this result exceeded the consensus estimate of $0.18 by $0.05. For the latest four quarters through September 30, E.P.S. were $0.79 compared to $1.85 a year ago — a decline of -57%.


Recent Price Action

SFL Corp Ltd (NYSE: SFL) stock declined modestly by -0.7% on 11/8/23. The stock closed at $10.90. The stock has been exceptionally strong relative to the market over the last nine months and is unchanged during the last week.

Current PriceTarget Research Rating

With future capital returns forecasted to be above the cost of capital, SFL is expected to continue to be an important Value Builder.

SFL has a current Value Trend Rating of B (Positive). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. SFL has a neutral Appreciation Score of 57 but a good Power Rating of 83, triggering the Positive Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.

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