Maritime lessor SFL posts preliminary Q2 profit; declares dividend
SFL•Key details
| Metric | Actual | Consensus Estimate |
|---|---|---|
| Q2 Net Income | $34 mln | |
| Q2 Adjusted EBITDA | $130 mln | |
| Q2 Dividend | $0.22 |
Analyst coverage
- The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
- The average consensus recommendation for the oil & gas transportation services peer group is "buy"
- Wall Street's median 12-month price target for SFL Corporation Ltd. is $13.20, about 8% above its August 25 closing price of $12.22
- The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 59 three months ago
