SFL Corporation Ltd logo

SFL Corporation Ltd(SFL)

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ADVISORIES YOU CAN VERIFY
QUALITY SIGNAL RECENCY
4-STAR RATING
STRONG BUY
BUY for 45 days
PROFIT SINCE LAST BUY
+9.14% ▲
LAST CLOSE
$12.78
09/25/2026
(24-hour delay)

Advisory History & Simulated Performance *

*as per simulation (see disclosures)
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Upturn Advisory & Investor View for SFL

09/25/2026: SFL (4-star) is a STRONG-BUY. BUY for 45 days. Simulated Profits (9.14%). Updated daily EoD!

SFL Corporation Ltd is a diversified maritime and offshore energy infrastructure company that focuses on long-term leasing of tankers, container ships, and drilling rigs. Its primary strength lies in its business model of securing stable, fixed-rate time charters that provide consistent cash flows regardless of short-term market volatility. The main growth opportunity involves modernizing its fleet with eco-efficient vessels to meet global decarbonization standards. However, investors should monitor risks such as high debt levels, the inherent cyclicality of shipping markets, and concentration risk among its key charterers. SFL is well-suited for dividend-focused investors seeking exposure to the maritime sector with a relatively stable contractual foundation.

How to Read the Upturn Advisory

The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.

Company fundamentals, valuation, risks, and news provide supporting context about the business.

Investor Fit

Investor styleFitWhy
Growth investorMixed fitSFL is better suited for income and stability rather than aggressive capital appreciation.
Momentum investorWeak fitThe stock tends to trade based on long-term contract visibility rather than short-term price momentum.
Value investorStrong fitSFL often trades at attractive valuations relative to its underlying asset base and cash flow.
Dividend investorStrong fitThe company has a long history of paying consistent dividends supported by fixed-rate contracts.
Low-risk investorMixed fitWhile dividends provide income, the shipping industry remains inherently cyclical and subject to global trade risks.

Risk Profile

Risk factorLevelWhy it matters
Price volatilityMedium / highMaritime stocks are susceptible to rapid changes in global economic outlook and commodity shipping rates.
Valuation riskMediumMarket pricing of vessel assets can fluctuate based on changing interest rates and industry supply/demand balances.
Competition risk (maritime asset chartering)MediumIntense competition from other vessel owners can pressure charter rates upon contract expiry.
Business qualityMediumThe reliance on a limited number of major charterers poses a concentration risk to revenue.
Dividend incomeMediumDividends are dependent on sustained cash flows from charter contracts, which may be impacted by economic downturns.
Execution riskMediumManaging a diverse global fleet requires operational excellence and strict adherence to international maritime regulations.

Price Behavior

Strong Uptrend
PRICE PATH

Strong Uptrend

The stock has maintained a strong upward price trend across the last three quarters.

Smooth
PRICE STABILITY

Smooth

The stock has moved along a generally orderly path with only modest fluctuations.

Analysis of Past Performance

Type Stock
Historic Profit 6.85%
Avg. Invested days 40
Today’s Advisory Strong Buy
Upturn Advisory Rating upturn star rating icon
Upturn Advisory Performance Upturn Advisory Performance icon 3.0
Stock Returns Performance Upturn Returns Performance icon 2.0
Upturn Profits based on simulation icon Profits based on simulation
Upturn last close icon Last Close 09/25/2026

Upturn Scorecard

Upturn Star Rating

★★★★★
SFL receives a 3-star rating, supported by solid company fundamentals. The rating is constrained by weak price momentum, and limited analyst upside.

Company Fundamentals

★★★★★
SFL has solid overall fundamentals (4 stars), with moderate financial health, moderate growth momentum, and strong ownership. In FY2025 versus FY2024, strong cash generation (FCF margin 30.5%) is partially offset by negative earnings growth (-120.2%), negative revenue growth (-19.3%), soft profitability (net margin -3.7%).

Financial Health Rating

★★★★★
SFL's financial health is supported by moderate profitability, including gross margin of 58.1% and operating margin of 19.0%. Overall financial-health metrics support a 3-star score.

Growth Momentum Score

★★★★★
Free-cash-flow growth is SFL's strongest growth driver at +179.9% FY2025 versus FY2024 (strong, 5 stars). By comparison, while revenue growth (-19.3%, negative) and earnings growth (-120.2%, negative) hold the profile back, so recent growth is not broad-based across the business.

Ownership

★★★★★
Institutional ownership is 47.0% and approximately 81.3% of outstanding shares are publicly tradable, supporting liquidity and institutional participation. Insider ownership of 17.25% supports management-shareholder alignment.

Top 5 Institutional Investors

Dimensional Fund Advisors, Inc. 6.50%
BlackRock Inc 4.66%
American Century Companies Inc 2.57%
MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. 2.49%
Bank of New York Mellon Corp 1.61%

Unit Economics (Per $1K Revenue)

★★★★★
SFL generates approximately $581 of gross profit, $190 of operating income, and $305 of free cash flow for every $1,000 of revenue. Based on FY2025 results. Strong cash conversion and healthy margins support the rating, although capital efficiency remains below the highest tier.

Economic Dimensions

★★★★★
Effective Tax Rate: -7.67% (Tax Credit)

Quantitative Style Profile

★★★★★
SFL has a liquid, relatively low-volatility profile. Weak momentum is the primary drawback, while valuation that is moderately attractive rather than deeply discounted.

Style Classification

Quality Focused

Low VolatilitySmall / Mid Cap RiskHighly Liquid / Institution-Friendly

Key Highlights

Company Size Small-Cap Stock
Market Capitalization 1.80B USD
Price to earnings Ratio 51.92
1Y Target Price 13.17
Price to earnings Ratio 51.92
1Y Target Price 13.17
Volume (30-day avg) 1.5M shares
Beta 0.44
52 Weeks Range 6.21 - 13.98
Updated Date 09/25/2026
52 Weeks Range 6.21 - 13.98
Updated Date 09/25/2026
Dividends yield (FY) 6.92%
Basic EPS (TTM) 0.25

How Company Makes Money

Business areaWhat it includesRetail investor read
Time ChartersLeasing out tankers, container ships, and bulkers to operators under long-term agreements.SFL acts as a landlord for ships, collecting steady rent regardless of short-term market fluctuations.
Offshore EnergyLeasing drilling rigs and offshore support assets to energy companies.This segment links income to oil and gas exploration activity, providing exposure to the energy sector.
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Valuation

Trailing PE 51.92
Forward PE 163.93
Enterprise Value 4.03B
Price to Sales(TTM) 2.53
Enterprise Value 4.03B
Price to Sales(TTM) 2.53
Enterprise Value to Revenue 5.71
Enterprise Value to EBITDA 9.42
Shares Outstanding 138.67M
Shares Floating 112.72M
Shares Outstanding 138.67M
Shares Floating 112.72M
Percent Insiders 17.25
Percent Institutions 47.01

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Financial Metrics

🧭 Investment Snapshot

Total Revenue (Scale)

Information icon Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.

Net Income (Profit)

Information icon Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.

Free Cash Flow (Cash Strength)

Information icon Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.

📈 Growth & Strength

Operating Income (Core Profit)

Information icon Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.

EBITDA (Cash Earnings)

Information icon Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.

Gross Profit (Unit Profitability)

Information icon Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.

🛡️ Financial Safety

Cash (Liquidity Buffer)

Information icon Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.

Total Debt (Leverage Risk)

Information icon Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.

Net Working Capital (Short-Term Health)

Information icon Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.

🧱 Balance Sheet Strength

Stockholder Equity (Net Worth)

Information icon Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.

Total Assets (Asset Base)

Information icon The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.

Income Before Tax (Pre-Tax Earnings)

Information icon Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.

⚙️ Cost & Drag Factors

Cost of Revenue (Production Cost)

Information icon Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.

Total Operating Expenses (Operating Cost)

Information icon Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.

Income Tax Expense (Tax Drag)

Information icon Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.

About SFL Corporation Ltd

Exchange NYSE
Headquarters -
IPO Launch date 2004-06-17
CEO of SFL Management AS & Director Mr. Ole Bjarte Hjertaker
Sector Industrials
Industry Marine Shipping
Full time employees 24
Full time employees 24

SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, and chartering out of vessels and offshore related assets on medium and long-term charters. The company operates in various sectors of the maritime, and shipping and offshore industries, including oil transportation, dry bulk shipments, oil products transportation, container transportation, car transportation, and drilling rigs. As of December 31, 2025, the company owned 17 tankers, two dry bulk carriers, 21 container vessels, seven car carriers, and two drilling rigs. It primarily operates in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom, and the Marshall Islands. SFL Corporation Ltd. was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019. The company was incorporated in 2003 and is based in Hamilton, Bermuda.