SFL (SFL)
Turns owned ships and offshore rigs into medium- and long-term charter cash flows.
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Owns and partly owns container vessels, tankers, car carriers, dry bulk ships, and offshore drilling rigs, mostly earning through time charters and drilling contracts. Operations run across international waters, with economics tied to charter renewals, large customers, asset sales, and financing availability.
Owns and partly owns a diversified fleet spanning container vessels, tankers, car carriers, dry bulk ships, and offshore drilling rigs. Revenue mainly comes from time charters and drilling contracts, with the fleet leased to shipping, energy, auto, and commodity counterparties.
International-water routes make geographic reporting less meaningful than asset class and charter exposure. The company reports a single segment, uses a small internal team, and relies on independent managers for technical vessel and rig operations.
The model depends on medium- and long-term charter coverage, the ability to replace expiring charters, vessel sales, and access to asset-backed financing. Customer concentration and the unresolved Hercules rig redelivery dispute are structural facts around the business.
Company facts
Target rangeAs of Sep 21, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Aug 26, 2026 | BTIG | Reiterate | Rating: —Target: $16 | Target: $14 |
| Nov 21, 2024 | Fearnleys | Upgrade |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $118.1M · Total debt $2.38B · Total assets $3.52B · Shareholders' equity $1.04B
- Revenue
- $200.8M
- Operating income
- $65.2M
- Net income
- $33.8M
HistoryDividendAnnual yield
| Institutions | ≈ 40.22% | 58.14M ADS | |
|---|---|---|---|
| 232 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Insiders | 0.15% | 218.4K ADS | |
| 6 holders · as of Sep 14, 2026 | |||
| Other | ≈ 59.63% | 86.20M ADS | |
| remainder | |||
144.56M ADS as of Sep 22, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Two share counts disagree (144.56M in the company's Sep 22, 2026 report, 132.98M elsewhere); stakes use the report.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Dimensional Fund Advisors LPInstitution | 6.24% | 9.01M ADS | as of Jun 30, 2026 |
DNB Bank ASAInstitution | 5.53% | 8.00M | filed Feb 11, 2022 |
BlackRock, Inc.Institution | 4.98% | 7.20M ADS | as of Jun 30, 2026 |
American Century Companies IncInstitution | 2.46% | 3.56M ADS | as of Jun 30, 2026 |
Mirae Asset Global Etfs Holdings Ltd.Institution | 2.46% | 3.56M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
No open-market trades in the last 12 months.
- Danaos
Large containership charter owner with dry-bulk expansion
- Costamare
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- Global Ship Lease
Containership lessor focused on fixed-rate liner charters
- Navios Maritime Partners
Diversified shipowner spanning containers, tankers, and dry bulk
- Capital Clean Energy Carriers
Gas-carrier platform retaining long-term container-charter exposure
- KNOT Offshore Partners
Shuttle-tanker owner with offshore long-term charter exposure
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| SFL | $13.04 | −3.34% | $1.79B | 28.1 | 24.7 | 2.5 | +6.5% |
| Danaos | $156.65 | −1.85% | $2.91B | 5.4 | 5.7 | 2.8 | +4.7% |
| Costamare | $14.82 | −1.79% | $1.82B | 5.7 | 5.9 | 2.2 | −12.3% |
| Global Ship Lease | $44.53 | −2.33% | $1.64B | 4.4 | 4.7 | 2.1 | +3.6% |
| Navios Maritime Partners | $89.00 | −2.31% | $2.59B | 6.0 | 4.8 | 1.8 | +25.2% |
| Capital Clean Energy Carriers | $21.85 | −0.18% | $1.32B | — | 8.9 | — | +5.4% |
| KNOT Offshore Partners | $10.96 | −1.97% | $376.3M | 26.2 | 24.4 | 1.0 | +11.2% |
| Median | 5.7 | 5.8 | 2.1 | +5.0% |