Ship Finance International Limited (NYSE:SFL) will be announcing its earnings results before the market opens on Wednesday, August 30th. Analysts expect the company to announce earnings of $0.24 per share for the quarter.

Ship Finance International Limited (NYSE:SFL) last announced its quarterly earnings data on Tuesday, May 30th. The shipping company reported $0.35 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.32 by $0.03. Ship Finance International Limited had a return on equity of 12.65% and a net margin of 33.62%. The firm had revenue of $96.88 million for the quarter, compared to analyst estimates of $102.70 million. On average, analysts expect Ship Finance International Limited to post $1.06 EPS for the current fiscal year and $1.03 EPS for the next fiscal year.

Ship Finance International Limited (SFL) opened at 13.75 on Tuesday. The firm has a market cap of $1.29 billion, a price-to-earnings ratio of 9.96 and a beta of 1.38. The company’s 50-day moving average price is $13.50 and its 200-day moving average price is $13.87. Ship Finance International Limited has a one year low of $12.07 and a one year high of $16.10.

A number of research firms have recently commented on SFL. ValuEngine cut shares of Ship Finance International Limited from a “buy” rating to a “hold” rating in a report on Friday, June 2nd. Zacks Investment Research cut shares of Ship Finance International Limited from a “hold” rating to a “sell” rating in a report on Tuesday, August 8th. BidaskClub upgraded shares of Ship Finance International Limited from a “strong sell” rating to a “sell” rating in a report on Tuesday, June 13th. Finally, Jefferies Group LLC upgraded shares of Ship Finance International Limited to a “hold” rating and set a $15.00 price target on the stock in a report on Monday, June 5th. Four investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company’s stock. Ship Finance International Limited has an average rating of “Hold” and an average target price of $15.50.

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Ship Finance International Limited Company Profile

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.

Earnings History for Ship Finance International Limited (NYSE:SFL)

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