How to Buy Sfl Stock
Sfl Corp Ltd
Sfl is a shipping company located in Bermuda, which is part of the Industrials sector, and is traded under the ticker SFL on the NYSE exchange.
Sfl stock last closed at $11.73, up 0% from the previous day, and has increased 4.64% in one year. It has underperformed other stocks in the Marine Shipping industry by 0.28 percentage points. Sfl stock is currently +14.23% from its 52-week low of $10.27, and -19.77% from its 52-week high of $14.62.
At the moment, there are 137.47M shares of SFL outstanding. The market capitalization of SFL is $1.61B. In the past 24 hours, 554,650 SFL shares were traded.
How to Buy Sfl Stock
Wondering how to invest in Sfl stock? Here's how.
- Decide where to buy Sfl stock: You need to decide on a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Sfl stock.
- Sign up for a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've found.
- Fund your brokerage account: Pick your payment method and add your info.
- Evaluate Sfl stock: The Sfl ticker symbol is SFL. Is Sfl stock a good investment? Should you buy shares of SFL? How do SFL's underlying business fundamentals look? Do top analysts think Sfl is a good buy? Why has SFL's stock price moved recently? (Hint: Our stock market research website can help you figure out if SFL is a good stock to buy).
- Make your SFL buy order: Decide if you will purchase SFL shares at the current market price or use a limit order to purchase SFL stock at a specific price.
- Get the latest news on your SFL position: Create a watchlist to track your investment in Sfl stock.
Step 1: Decide where to buy Sfl stock
You will need a brokerage account in order to access the NYSE market and buy SFL shares.
Our preferred brokerage: eToro
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Open eToro AccountStep 2: Sign up for a brokerage account
Now that you've chosen your brokerage, the next step is to fill out some personal details so you are able to invest in SFL today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal info to open a new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have filled out your info on stock market apps, you can securely and quickly fund your account:
Check out the video below if you need help depositing funds into your new brokerage account.
Step 4: Evaluate Sfl stock
Once you have decided on the best place to buy Sfl stock, it's critical to evaluate their stock before you buy, so you truly comprehend the risk and opportunity.
Overview of key SFL info
Fundamentals of SFL
WallStreetZen was built to help average investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on SFL's stock page.
Is SFL stock overvalued?
You can use many financial metrics, analyses, models, and charts to gauge SFL's true value.
Using relative valuations metrics:
- SFL may be overvalued based on its P/E ratio of 17.51x, relative to Marine Shipping industry P/E ratio of 6.94x
- SFL could be overvalued based on its P/B ratio of 1.55x, relative to Marine Shipping industry P/B ratio of 1.09x
You can access more valuation research on SFL's stock here.
A quick look at SFL Financials
Negative Financial Indicators:
- There are more short-term liabilities than short-term assets on the SFL balance sheet.
- SFL earnings of $254.27M is not enough to cover its interest payments.
- SFL has a relatively high debt to equity ratio of 2.59.
- SFL's operating cash flow of $343.09M allows it to safely service it's debt of $2.57B.
- SFL profit margin has gone down from 30.2% to 11.2% in the past year.
- Total SFL debt is higher than 5 years ago, relative to shareholder equity.
- There are more long-term liabilities than short-term assets on the SFL balance sheet.
Is SFL stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 1 sell side analysts who give recommendations on SFL, the consensus analyst rating on Sfl is a Strong Buy
It's important to note that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dig deeper into what analysts are forecasting on the Sfl stock forecast page.
SFL Technical Indicators
SFL Performance Metrics
Last year, SFL earnings were $83.94M. During the past five year, SFL's earnings have grown by -0.87% per year. This was slower than the Marine Shipping industry average of 20.63%.
Last year, SFL revenue was $752.29M. In the past five year, SFL's revenue has gone up by 12.43% per year. This was slower than the Marine Shipping industry average of 17.37%.
You can research SFL's earnings and revenue performance here.
Latest Insiders Trades at SFL
Over the past year, insiders at SFL have not bought or sold any shares.
Get more info about who owns SFL stock here.
Does SFL provide a stable income stream?
Sfl pays a dividend of 8.95%, compared to the Marine Shipping industry's average dividend yield of 5.65%. If you owned $1,000 worth of SFL stock, you would have been paid $89.51 in the past year.
Sfl dividend payments have not consistently grown over the past decade and have not remained stable.
Find more data about Sfl dividend yield and history here.
SFL Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your SFL buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best price on the market.
Market orders are generally the easiest way to buy. - Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at a specific price limit, use a limit order.
Press the Open button and eToro will place the order.
If you need more help with investing in stocks on eToro, watch the how to video below:
Step 6: Get the latest news on your SFL position
Now that you own some SFL stock, you'll want to stay up-to-date on your new stock purchase.
Make a watchlist to track the latest developments regarding your SFL stock.
SFL Feed
How to Buy Stock in Sfl
To reiterate, here are the 6 steps to buy Sfl stock:
- Decide where to buy Sfl stock
- Sign up for a brokerage account
- Fund your brokerage account
- Evaluate Sfl stock
- Make your SFL buy order
- Get the latest news on your SFL position
If you require a brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you want to get the latest scoop on your investment in Sfl, add SFL to your watchlist below.
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