News headlines about Ship Finance International Limited (NYSE:SFL) have trended positive on Friday, Alpha One Sentiment reports. The research firm, a service of Accern, rates the sentiment of media coverage by reviewing more than twenty million blog and news sources in real-time. Alpha One ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Ship Finance International Limited earned a news sentiment score of 0.31 on Alpha One’s scale. Alpha One also assigned media stories about the shipping company an impact score of 59 out of 100, indicating that recent media coverage is somewhat likely to have an effect on the stock’s share price in the near future.
These are some of the media stories that may have effected Alpha One Sentiment’s scoring:
- Deliverance of Ownership on Performance of: CEMEX (NYSE:CX), Ship Finance International (NYSE:SFL) – Wallstreet Investorplace (wallstreetinvestorplace.com)
- Ship Finance International Ltd. : SFL-US: Dividend Analysis : June 16th, 2017 (record date) : By the numbers : June 16, 2017 (finance.yahoo.com)
- SFL – Announces Call of NOK Denominated Bonds due 2017 – Nasdaq (nasdaq.com)
- Ship Finance International to present at Seeking Alpha’s Maritime Investment Forum (seekingalpha.com)
- Ship Finance International : SFL – Announces Call of NOK Denominated Bonds due 2017 (4-traders.com)
Several brokerages recently weighed in on SFL. BidaskClub upgraded shares of Ship Finance International Limited from a “strong sell” rating to a “sell” rating in a report on Tuesday. Jefferies Group LLC upgraded shares of Ship Finance International Limited to a “hold” rating and set a $15.00 price objective on the stock in a report on Monday, June 5th. Zacks Investment Research lowered shares of Ship Finance International Limited from a “buy” rating to a “hold” rating in a report on Saturday, March 4th. Finally, ValuEngine downgraded shares of Ship Finance International Limited from a “buy” rating to a “hold” rating in a research note on Friday, June 2nd. One investment analyst has rated the stock with a sell rating, five have issued a hold rating and one has issued a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $15.67.
Shares of Ship Finance International Limited (NYSE SFL) traded up 0.79% during midday trading on Friday, reaching $12.75. 1,357,594 shares of the company’s stock traded hands. Ship Finance International Limited has a 52-week low of $12.07 and a 52-week high of $16.10. The stock has a market cap of $1.19 billion, a P/E ratio of 9.05 and a beta of 1.37. The stock has a 50-day moving average price of $13.71 and a 200-day moving average price of $14.42.
Ship Finance International Limited (NYSE:SFL) last released its earnings results on Tuesday, May 30th. The shipping company reported $0.35 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.32 by $0.03. Ship Finance International Limited had a net margin of 33.62% and a return on equity of 12.65%. The company had revenue of $96.88 million for the quarter, compared to the consensus estimate of $102.70 million. Analysts forecast that Ship Finance International Limited will post $0.94 earnings per share for the current year.
The business also recently announced a quarterly dividend, which will be paid on Friday, June 30th. Investors of record on Friday, June 16th will be given a dividend of $0.45 per share. The ex-dividend date of this dividend is Wednesday, June 14th. This represents a $1.80 dividend on an annualized basis and a dividend yield of 14.12%. Ship Finance International Limited’s payout ratio is presently 125.88%.
Ship Finance International Limited Company Profile
Ship Finance International Limited is a holding, and international ship owning and chartering company. The Company is engaged in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. Its assets consist of approximately 20 oil tankers, over 20 dry bulk carriers, approximately 20 container vessels, including a newbuilding, two car carriers, two jack-up drilling rigs, two ultra-deepwater drilling units, five offshore supply vessels, two chemical tankers and two newbuilding oil product tankers.
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