Ship Finance International Limited (NYSE:SFL) is set to issue its quarterly earnings data before the market opens on Wednesday, November 22nd. Analysts expect the company to announce earnings of $0.27 per share for the quarter.
Ship Finance International Limited (NYSE:SFL) last issued its quarterly earnings results on Wednesday, August 30th. The shipping company reported $0.30 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.28 by $0.02. The firm had revenue of $94.22 million for the quarter, compared to analyst estimates of $95.70 million. Ship Finance International Limited had a return on equity of 11.26% and a net margin of 29.59%. On average, analysts expect Ship Finance International Limited to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.
Ship Finance International Limited (NYSE:SFL) remained flat at $$15.00 during midday trading on Friday. The company’s stock had a trading volume of 648,497 shares, compared to its average volume of 900,683. The company has a market cap of $1,520.00, a price-to-earnings ratio of 10.84 and a beta of 1.40. Ship Finance International Limited has a 52 week low of $12.30 and a 52 week high of $16.10.
A number of equities analysts have weighed in on SFL shares. Zacks Investment Research raised Ship Finance International Limited from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Clarkson Capital raised Ship Finance International Limited from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 17th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of $16.00.
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About Ship Finance International Limited
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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