SFL Reports GAAP EPS of $0.01, Exceeding Estimates by $0.06; Revenue of $192.59M Surpasses Expectations by $7.16M
Earnings Performance: SFL reported a Q2 GAAP EPS of $0.01, exceeding expectations by $0.06, with revenue of $192.59 million, a 3.1% increase quarter-over-quarter, surpassing estimates by $7.16 million.
Dividends and Charter Hire: The company declared its 86th consecutive quarterly dividend of $0.20 per share and received charter hire totaling $194 million, primarily from shipping (87%) and energy (13%).
Fleet and Financials: SFL operates a container fleet of 30 vessels, generating approximately $82.3 million in charter hire during the quarter, with an adjusted EBITDA of $104 million from consolidated subsidiaries.
Future Plans: A five-year time charter extension for three container vessels with Maersk adds about $225 million to the backlog, while five new vessels are under construction with expected delivery in 2028, requiring around $850 million in capital expenditures.
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SFL Corporation Sells Two Suezmax Tankers for $57 Million Each
- Asset Monetization: SFL Corporation has agreed to sell two 2015-built Suezmax tankers for approximately $57 million each, with net proceeds estimated at around $26 million per vessel, demonstrating effective asset management by the company.
- Financial Gains: The transaction is expected to yield an aggregate book gain of about $23 million, further strengthening SFL's financial position and providing capital for future investments.
- Market Strategy: SFL has also mutually agreed to terminate charters for two 2020-built tankers with the same charterer, indicating the company's flexibility in optimizing fleet configuration and responding to market changes.
- Reinvestment Plans: A portion of the proceeds will be reinvested in younger, more fuel-efficient vessels to capitalize on the current strong charter market, reflecting the company's proactive approach to future market opportunities.
SFL Sells Two Suezmax Tankers for $57 Million Each
- Transaction Overview: SFL Corporation has agreed to sell two 2015-built Suezmax tankers for approximately $57 million each, with expected net proceeds of about $26 million per vessel, demonstrating effective asset management by the company.
- Financial Impact: The transaction is anticipated to yield an aggregate book gain of around $23 million, further strengthening SFL's financial position and providing capital for future investments.
- Market Strategy: SFL has also agreed to terminate charters for two 2020-built tankers with Koch, indicating a strategic decision to optimize fleet structure and enhance operational efficiency.
- Future Outlook: The company plans to employ the retained vessels in the spot market and may seek longer-term charters, aiming to capitalize on the current strong charter market to enhance overall revenue generation.
Ex-Dividend Alert: Worthington Steel, Frontline, and SFL
Upcoming Ex-Dividend Dates: Worthington Steel Inc, Frontline plc, and SFL Corporation Ltd will trade ex-dividend on 12/12/25, with respective dividends of $0.16, $0.19, and $0.20 scheduled for payment on 12/26/25, 12/19/25, and 12/29/25.
Expected Price Adjustments: Following the ex-dividend date, shares of Worthington Steel Inc are expected to open 0.45% lower, Frontline plc 0.84% lower, and SFL Corporation Ltd 2.40% lower, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the companies are 1.79% for Worthington Steel Inc, 3.34% for Frontline plc, and 9.58% for SFL Corporation Ltd, indicating varying levels of dividend stability.
Current Trading Performance: As of Wednesday trading, Worthington Steel Inc shares are up 1.3%, Frontline plc shares are down 3.2%, and SFL Corporation Ltd shares are up 0.6%.
SFL (SFL) Rises 7.8% Following Strong Earnings Report, Dividend Continuation, and Share Buyback
SFL Corporation's Financial Performance: SFL Corporation Ltd. reported better-than-expected Q3 2025 earnings, maintained its dividend of US$0.20 per share, and completed a share repurchase of over 2.3 million shares for US$20.2 million, reflecting strong financial health and shareholder returns.
Investment Considerations: Investors need to assess SFL's ability to convert its large charter backlog into cash flows while managing risks related to energy transition and capital commitments for fleet upgrades, especially in light of potential shipping market softness.
Future Projections: SFL's narrative anticipates $742.1 million in revenue and $132.0 million in earnings by 2028, requiring a yearly revenue decline of 4.5% and a significant increase in earnings, highlighting the company's reliance on market conditions and capital expenditure.
Valuation Insights: Fair value estimates for SFL vary widely among investors, with projections ranging from US$2.59 to US$12.17 per share, indicating differing opinions on the stock's worth and the impact of market confidence on its financial outcomes.
SFL announces a dividend of $0.20
Quarterly Dividend Announcement: SFL Corporation declares a quarterly dividend of $0.20 per share, consistent with previous distributions, with a forward yield of 9.58%.
Dividend Payment Details: The dividend is payable on December 29 to shareholders of record as of December 12, with an ex-dividend date also set for December 12.
Earnings Performance: In Q3 2025, SFL reported a GAAP EPS of $0.07, exceeding expectations by $0.10, and revenue of $178.21 million, which surpassed estimates by $4.61 million.
Growth Outlook: Despite decent earnings, there are concerns regarding the lack of catalysts for near-term growth for SFL Corporation.
BTIG Reaffirms Buy Rating for SFL Corp and Increases Price Target to $11
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Market Winning Tools: Benzinga Pro is designed to help traders win in the markets every day with accurate stock market intelligence.
SFL Corporation Sells Two Suezmax Tankers for $57 Million Each
- Asset Monetization: SFL Corporation has agreed to sell two 2015-built Suezmax tankers for approximately $57 million each, with net proceeds estimated at around $26 million per vessel, demonstrating effective asset management by the company.
- Financial Gains: The transaction is expected to yield an aggregate book gain of about $23 million, further strengthening SFL's financial position and providing capital for future investments.
- Market Strategy: SFL has also mutually agreed to terminate charters for two 2020-built tankers with the same charterer, indicating the company's flexibility in optimizing fleet configuration and responding to market changes.
- Reinvestment Plans: A portion of the proceeds will be reinvested in younger, more fuel-efficient vessels to capitalize on the current strong charter market, reflecting the company's proactive approach to future market opportunities.
SFL Sells Two Suezmax Tankers for $57 Million Each
- Transaction Overview: SFL Corporation has agreed to sell two 2015-built Suezmax tankers for approximately $57 million each, with expected net proceeds of about $26 million per vessel, demonstrating effective asset management by the company.
- Financial Impact: The transaction is anticipated to yield an aggregate book gain of around $23 million, further strengthening SFL's financial position and providing capital for future investments.
- Market Strategy: SFL has also agreed to terminate charters for two 2020-built tankers with Koch, indicating a strategic decision to optimize fleet structure and enhance operational efficiency.
- Future Outlook: The company plans to employ the retained vessels in the spot market and may seek longer-term charters, aiming to capitalize on the current strong charter market to enhance overall revenue generation.
Ex-Dividend Alert: Worthington Steel, Frontline, and SFL
Upcoming Ex-Dividend Dates: Worthington Steel Inc, Frontline plc, and SFL Corporation Ltd will trade ex-dividend on 12/12/25, with respective dividends of $0.16, $0.19, and $0.20 scheduled for payment on 12/26/25, 12/19/25, and 12/29/25.
Expected Price Adjustments: Following the ex-dividend date, shares of Worthington Steel Inc are expected to open 0.45% lower, Frontline plc 0.84% lower, and SFL Corporation Ltd 2.40% lower, based on their recent stock prices.
Dividend Yield Estimates: The estimated annualized yields for the companies are 1.79% for Worthington Steel Inc, 3.34% for Frontline plc, and 9.58% for SFL Corporation Ltd, indicating varying levels of dividend stability.
Current Trading Performance: As of Wednesday trading, Worthington Steel Inc shares are up 1.3%, Frontline plc shares are down 3.2%, and SFL Corporation Ltd shares are up 0.6%.
SFL (SFL) Rises 7.8% Following Strong Earnings Report, Dividend Continuation, and Share Buyback
SFL Corporation's Financial Performance: SFL Corporation Ltd. reported better-than-expected Q3 2025 earnings, maintained its dividend of US$0.20 per share, and completed a share repurchase of over 2.3 million shares for US$20.2 million, reflecting strong financial health and shareholder returns.
Investment Considerations: Investors need to assess SFL's ability to convert its large charter backlog into cash flows while managing risks related to energy transition and capital commitments for fleet upgrades, especially in light of potential shipping market softness.
Future Projections: SFL's narrative anticipates $742.1 million in revenue and $132.0 million in earnings by 2028, requiring a yearly revenue decline of 4.5% and a significant increase in earnings, highlighting the company's reliance on market conditions and capital expenditure.
Valuation Insights: Fair value estimates for SFL vary widely among investors, with projections ranging from US$2.59 to US$12.17 per share, indicating differing opinions on the stock's worth and the impact of market confidence on its financial outcomes.
SFL announces a dividend of $0.20
Quarterly Dividend Announcement: SFL Corporation declares a quarterly dividend of $0.20 per share, consistent with previous distributions, with a forward yield of 9.58%.
Dividend Payment Details: The dividend is payable on December 29 to shareholders of record as of December 12, with an ex-dividend date also set for December 12.
Earnings Performance: In Q3 2025, SFL reported a GAAP EPS of $0.07, exceeding expectations by $0.10, and revenue of $178.21 million, which surpassed estimates by $4.61 million.
Growth Outlook: Despite decent earnings, there are concerns regarding the lack of catalysts for near-term growth for SFL Corporation.
BTIG Reaffirms Buy Rating for SFL Corp and Increases Price Target to $11
Real-time Intelligence: Benzinga Pro offers traders the fastest news alerts to stay updated on market movements.
Exclusive Content: The platform provides exclusive stories and insights generated by Benzinga reporters for its users.
Community Engagement: Over 10,000 serious traders are part of the Benzinga Pro community, sharing strategies and information.
Market Winning Tools: Benzinga Pro is designed to help traders win in the markets every day with accurate stock market intelligence.
