Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
SFL Corporation ( (SFL) ) just unveiled an announcement.
SFL Corporation announced its preliminary financial results for Q4 2024 on February 12, 2025, including a net profit of $20.2 million and a cash dividend of $0.27 per share. The company reported a significant fixed rate charter backlog of approximately $4.3 billion and generated $231.7 million in gross charter hire. Additionally, SFL executed strategic fleet management actions, including the issuance of a $150 million bond and the sale of an older container vessel. The company also highlighted its commitment to growth and sustainability through investments in new vessels and fuel efficiency measures.
More about SFL Corporation
SFL Corporation Ltd. is a maritime infrastructure company that has transitioned from vessel financing to owning and operating a diverse fleet. The company’s primary focus is on maintaining a high standard of fleet management, including fuel efficiency and carbon footprint reduction. SFL serves a wide range of investment-grade end users and has continuously expanded its charter backlog with blue chip customers.
YTD Price Performance: -0.58%
Average Trading Volume: 847,250
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $1.51B
For a thorough assessment of SFL stock, go to TipRanks’ Stock Analysis page.
