SFL stock: buy or sell?

SFL stock price: $14.10 -0.07% At close on September 20th, 2019

Updated on:
September 20th, 2019

4

Shares of Ship Finance International ended yesterday at $14.10 and stayed constant a neutral -0.07%. With Friday it's been 3 red days in a row.

Ship Finance International Limited owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the United Kingdom, and the Marshall Islands.

Should I buy SFL stock?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

None of our preferred buy setups matches with Ship Finance International stock situation right now, hence this is not a suitable entry point.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean SFL will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Ship Finance International stock a buy?

Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness. At Stocks2.com, we gathered 2 ratings published for SFL stock in the last month.

Is SFL a good stock to buy?
DateAnalyst / BrokerPrevious ratingCurrent rating
2019-1-31Pareto SecuritiesHoldBuy
2019-1-10B. RileyNeutralNeutral

SFL stock analysis

Daily outlook

Ship Finance International shares stayed steady -0.07% to $14.10 yesterday.

Ship Finance International shares stayed stable -0.07% to $14.10 yesterday. On June, SMA100d and SMA200d crossed up triggering a rise of 20.00%. From a daily outlook perspective, SFL is drawing an uptrend of rising tops and rising bottoms. Since its last top on Sep/10 at $14.59, price slid and found support around $13.96. Breaking down under $13.96 would cancel the current uptrend and it might slide further to test lower supports. Note that $14.59 might act as a resistance line. Trading the long side, we should wait to a new breakout over $14.59 to find the next buy point. On August/16 SFL price bounced up over the SMA of 100 days demonstrating to be a significant support for this stock. On September 10th, SFL hit a new all time high, pushing higher than on Sep 9th tops. Check different trading setups that use ATHs as triggers.

SFL stock chart (daily)

Weekly outlook

After climbing for 4 weeks, this week Ship Finance International declined an unpleasant -1.33%, closing at $14.10. By mid August SFL climbed a dazzling 7.24% in just one week.

Ship Finance International stock is trading in the range of its last top and last bottom. Loosing would mean breaking the current uptrend. Breakdowns under last bottom are selling point signals for some trading strategies. Not so far away is the last all-time high Ship Finance International marked last week. Since late May when SMA20w and SMA40w crossed up, SFL price gained $1.72 per share (13.89%). Since price and SMA20w lines crossed up by mid June, SFL climbed $2.27 (19.19%).

SFL stock chart (weekly)

SFL stock price history

SFL IPO was on June 17th, 2004 at $2.79 per share1. Since then, SFL stock grew a 405.40%, with an average of 27.00% per year. If you had invested right after SFL's IPO a $1,000 in SFL stock in 2004, it would worth $4,054.00 today.

1: Adjusted price after possible price splits or reverse-splits.

SFL stock historical price chart

SFL stock reached all-time highs on Sep/10 with a price of $14.59.

SFL stock price target is $11.90

Nobody can reliably foresee how stock prices may evolve in the future. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last 30 days we only found 1 price prediction for Ship Finance International stock:
SFL stock price predictions
DateAnalyst / BrokerActionPrevious targetCurrent targetDiff
2019-1-10B. RileyInitiatesn/a$11.90-
(in average)$0.00$11.900.0%

Financials and fundamental analysis

Earnings date and Earnings per Share

Ship Finance International disappointed analysts on February when it published an Earnings per Share (EPS) of $0.14 when the market consensus was $0.33.
SFL earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.27n/a
2017-Q2-n/a0.21n/a
2017-Q32017-11-220.280.3110.7%
2017-Q42018-02-270.250.24-4.0%
2018-Q12018-05-310.190.2426.3%
2018-Q22018-08-220.240.3129.2%
2018-Q32018-11-200.260.3326.9%
2018-Q42019-02-260.330.14-57.6%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a phenomenal increase of 9.93% to $418.71 million dollars. However, its earnings margin (compared to revenues) eased to 17.58%, that is $73.62 million.

SFL annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$271 M-$89 M32.9%-
2014$248 M-8.30%$123 M49.4%37.67%
2015$407 M63.77%$201 M49.4%63.52%
2016$413 M1.53%$146 M35.5%-27.10%
2017$381 M-7.77%$101 M26.6%-30.87%
2018$419 M9.93%$74 M17.6%-27.26%

Quarterly financial results

Ship Finance International posted $118.57 million in revenues for 2018-Q4, a 6.82% up compared to previous quarter. Reported quarter earnings marked $3.47 M with a profit margin of 2.93%. Profit margin collapsed a -23.86% compared to previous quarter when profit margin was 26.79%. When comparing revenues to same quarter last year, Ship Finance International sales marked an exceptional gain and skyrocketed a 23.38%. Looking back to recent quarterly results, Ship Finance International posted 3 negative quarters in a row.
SFL quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$97 M-$32 M33.3%-
2017-Q2$94 M-2.75%$20 M21.3%-37.70%
2017-Q3$81 M-14.35%$29 M35.6%42.87%
2017-Q4$96 M19.09%$20 M20.9%-30.09%
2018-Q1$92 M-3.91%$25 M26.7%22.75%
2018-Q2$97 M4.81%$16 M16.3%-36.05%
2018-Q3$111 M14.67%$30 M26.8%88.58%
2018-Q4$119 M6.82%$3 M2.9%-88.33%

Ship Finance International ownership

When you are planning to invest in shares of a stock, it's always worth to check its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Ship Finance International, 31.01% of all outstanding shares are owned by its staff.

In case of Ship Finance International stock, 33.08% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for SFL stock account 0.00%, no big difference from last month.

For a better context understanding, the next table shows ownership data compared to other related companies:

SFLASCDHTFROGLNG
Market cap$1.7 B$222.4 M$855.9 M$1.7 B$1.3 B
Total shares119.4 M33.1 M142.4 M189.2 M101.3 M
Float shares80.5 M33.0 M89.8 M74.8 M87.0 M
  - Institutional holdings (%)33.1%95.4%48.5%0.0%86.6%
  - Insider holdings (%)31.0%0.4%43.6%0.0%7.6%
Shares in short selling0.0%0.0%0.0%0.0%0.0%

SFL summary

Friday, September 20th, 2019
Open$14.15
Close$14.10
Day range$14.09 - $14.28
Previous close$14.11
Session gain-0.07%
Average true range$0.26
50d mov avg$13.20
100d mov avg$12.66
200d mov avg$11.99
Daily patternlb03a
Weekly pattern lt06a

Ship Finance International performance

Stocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We selected Ardmore Shipping, DHT, Frontline, Golar LNG, Golden Ocean, Nordic American Tankers, Teekay LNG Partners, Teekay, Teekay Tankers and Teekay Offshore Partners as the bechmarking frame for Ship Finance International stock.
Stock3m6m12m
SFLShip Finance Inte...17.30%22.61%13.99%
ASCArdmore Shipping4.02%22.63%-3.31%
DHT 8.88%35.06%35.06%
FROFrontline7.90%31.34%65.02%
GLNGGolar LNG-21.13%-38.25%-52.60%
GOGLGolden Ocean11.28%18.16%-32.65%
NATNordic American T...-6.51%0.00%-1.95%
TGPTeekay LNG Partne...19.35%9.35%9.58%
TKTeekay47.19%10.40%-29.21%
TNKTeekay Tankers9.48%32.29%23.30%
TOOTeekay Offshore P...1.71%-1.65%-48.71%

Ship Finance International competitors

One check before trading any stock is to review a list of its competitors, in this case for Ship Finance International. We chose 10 companies as Ship Finance International competitors as they are in the same industry or have similar market objectives.