Ship Finance International Limited (NYSE:SFL) has earned an average rating of “Hold” from the six ratings firms that are covering the firm, MarketBeat.com reports. One analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is $15.00.

SFL has been the topic of a number of research reports. Zacks Investment Research raised shares of Ship Finance International from a “sell” rating to a “hold” rating in a research note on Saturday, August 26th. Clarkson Capital raised shares of Ship Finance International from a “neutral” rating to a “buy” rating in a research note on Tuesday, October 17th.

Ship Finance International (SFL) opened at $15.25 on Wednesday. Ship Finance International has a one year low of $12.30 and a one year high of $16.10. The company has a quick ratio of 0.82, a current ratio of 0.82 and a debt-to-equity ratio of 1.13. The firm has a market cap of $1,430.00, a price-to-earnings ratio of 11.54 and a beta of 1.41.

Ship Finance International (NYSE:SFL) last posted its quarterly earnings results on Wednesday, November 22nd. The shipping company reported $0.31 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.27 by $0.04. Ship Finance International had a net margin of 28.66% and a return on equity of 11.02%. The business had revenue of $93.67 million for the quarter, compared to the consensus estimate of $97.50 million. research analysts predict that Ship Finance International will post 1.24 EPS for the current fiscal year.

The business also recently declared a quarterly dividend, which will be paid on Friday, December 29th. Stockholders of record on Monday, December 11th will be paid a $0.35 dividend. This represents a $1.40 dividend on an annualized basis and a dividend yield of 9.18%. The ex-dividend date is Friday, December 8th. Ship Finance International’s dividend payout ratio (DPR) is presently 127.27%.

Several hedge funds and other institutional investors have recently bought and sold shares of SFL. Principal Financial Group Inc. bought a new stake in Ship Finance International in the third quarter worth $154,000. Raymond James Financial Services Advisors Inc. bought a new stake in Ship Finance International in the second quarter worth $145,000. Stifel Financial Corp boosted its holdings in Ship Finance International by 2.1% in the second quarter. Stifel Financial Corp now owns 11,019 shares of the shipping company’s stock worth $150,000 after purchasing an additional 226 shares in the last quarter. BB&T Securities LLC bought a new stake in Ship Finance International in the third quarter worth $172,000. Finally, Geneva Advisors LLC boosted its holdings in Ship Finance International by 3.2% in the second quarter. Geneva Advisors LLC now owns 12,735 shares of the shipping company’s stock worth $173,000 after purchasing an additional 400 shares in the last quarter. 33.43% of the stock is currently owned by institutional investors and hedge funds.

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About Ship Finance International

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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