SFL Monthly Analysis (March 2026) | Price Target & Growth

SFL

NYSE:SFL

$ 10,64

+ $0,04 (0,38%)

10,64 $

+$0,04 (0,38%)

End-of-day quote: 03/26/2026

SFL Stock Value

Analysts currently see SFL at the level of Outperform.

Outperform

SFL Company Info

EPS Growth 5Y

-31,30%

Market Cap

$1,41 B

Long-Term Debt

$1,96 B

Quarterly earnings

05/12/2026 (E)

Dividend

$0,80

Dividend Yield

7,55%

Founded

2003

Industry

Industrials

Country

Bermuda

Website

SFL

ISIN Number

BMG7738W1064

Website

http://www.sflcorp.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

$10,20

-4.14%

Last Update: 03/26/2026

Analysts: 4

Highest Price Target $12,00

Average Price Target $10,20

Lowest Price Target $9,80

In the last five quarters, SFL’s Price Target has fallen from $13,14 to $9,90 - a -24,66% decrease. Four analysts predict that SFL’s share price will fall in the coming year, reaching $10,20. This would represent a decrease of -4,14%.

Top growth stocks in the industrials sector (5Y.)

What does SFL do?

SFL Corporation Ltd. engages primarily in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets. The company operates through subsidiaries and branches located in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom and the Marshall Islands. The company is an international ship owning and chartering company with a large and diverse asset base across the maritime, shipping and offshore asset...

SFL Corporation Ltd. engages primarily in the ownership and operation of vessels and offshore related assets, and also involved in the charter, purchase and sale of assets.

The company operates through subsidiaries and branches located in Bermuda, Canada, Cyprus, Liberia, Namibia, Norway, Singapore, the United Kingdom and the Marshall Islands.

The company is an international ship owning and chartering company with a large and diverse asset base across the maritime, shipping and offshore asset classes and business sectors. As of December 31, 2024, its assets consisted of 18 tankers, 15 dry bulk carriers, 29 container vessels, two drilling rigs and seven car carriers, as well as five dual-fuel 16,800 TEU container vessels under construction, expected to be delivered in 2028. The company also partly owns four leased-in container vessels in its associated companies.

Acquisitions, Deliveries, Capital Investments and Disposals

As of March 2024, the company had paid total installments in relation to two dual-fuel 7,000 CEU newbuilding car carriers under construction. The vessels, Odin Highway and Thor Highway, were delivered between January and March 2024, respectively, and commenced a 10-year time charter to K Line.

Between June 2024 and October 2024, the company acquired and took delivery of three newbuild LR2 product tankers, SFL Tucana, SFL Taurus and SFL Tigris from entities related to its largest shareholder, Hemen.

In July 2024, the company entered into agreements to build five LNG dual-fuel 16,800 TEU container vessels at an aggregate construction. The vessels are expected to be delivered in 2028 and are scheduled to commence a minimum 10-year time charter to a leading liner company.

In August 2024, the company took delivery of two LNG dual-fuel 33,000 dwt chemical tankers, SFL Bonaire and SFL Aruba, from an unrelated third party. Upon delivery, one of the vessels commenced trading in a pool with Stolt Tankers for a period of eight years and the seond vessel commenced an eight-year time charter with Stolt Tankers.

Between September and November 2024, the company exercised the purchase options and took redelivery of four 15,400 TEU and three 10,600 TEU container vessels. The vessels were previously under the financing structure of a Japanese operating lease with call option and accounted for as 'vessels under finance lease'.

Disposals

In March 2024, the company sold and delivered the two container vessels, MSC Margarita and MSC Vidhi, which were accounted for as 'sales-type leases', to MSC following execution of the applicable purchase obligation in the charter contracts.

In December 2024, the company sold and delivered the 1,700 TEU container vessel, Green Ace, to an unrelated third party.

In January 2025, the company agreed to sell the 1,700 TEU container vessel, Asian Ace, to an unrelated third party. The vessel is expected to be delivered to its new owners during the second quarter of 2025.

In February 2025, the company agreed to sell eight Capesize dry bulk carriers to Golden Ocean, following exercise of the applicable purchase options in the charter contracts. The vessels are expected to be delivered to their new owners during the third quarter of 2025.

Business Strategies

The company’s business strategies are to expand its asset base; diversify the company’s asset base; expand and diversify its customer relationships; and pursue medium to long-term fixed-rate charters.

Customers

As of March 17, 2025, the company’s customers included, among others, Golden Ocean Group Limited (Golden Ocean), Maersk A/S (Maersk), Maersk Sealand Pte Ltd (Maersk Sealand), MSC Mediterranean Shipping Company S.A. and its affiliate Conglomerate Shipping Ltd. (MSC), ConocoPhillips Skandinavia AS (ConocoPhillips), Phillips 66 Company (Phillips 66), Volkswagen Konzernlogistik Gmbh Co. OHG (Volkswagen), Kawasaki Kisen Kaisha Ltd. (K Line), Trafigura Maritime Logistics Pte Ltd (Trafigura), Hapag-Lloyd AG (Hapag-Lloyd), Koch Shipping Pte Ltd (Koch), EUKOR Car Carriers Inc. (Eukor), Vitol International Shipping Pte. Ltd (Vitol) and Stolt Tankers Chartering B.V (Stolt-Nielsen).

Environmental and Other Regulations in the Shipping Industry

The company’s implemented enterprise-wide anti-corruption and money laundering policies are modelled on the U.K. Bribery Act and the U.S. Foreign Corrupt Practices Act (FCPA).

A variety of government and private entities subject the company’s vessels to both scheduled and unscheduled inspections. These entities include the local port authorities (applicable national authorities, such as the USCG, harbor master or equivalent), classification societies, flag state administrations (countries of registry) and charterers, particularly terminal operators.

Under Chapter IX of the SOLAS Convention, or the International Safety Management Code for the Safe Operation of Ships and for Pollution Prevention (the ‘ISM Code’), the company’s operations are also subject to environmental standards and requirements.

The company has obtained applicable documents of compliance for its offices and safety management certificates for all of the company’s vessels for which the certificates are required by the International Maritime Organization (IMO).

The IMO adopted the International Convention on Civil Liability for Oil Pollution Damage of 1969, as amended by different Protocols in 1976, 1984, and 1992, and amended in 2000 (the ‘CLC’). All of the company’s vessels are in possession of a CLC State issued certificate attesting that the required insurance coverage is in force.

The company has obtained Anti-fouling System Certificates for all of the company’s vessels that are subject to the Anti-fouling Convention. As of March 14, 2024, each of the company’s vessels was ISM Code certified.

These regulations include, but are not limited to, the U.S. Oil Pollution Act of 1990 (OPA) requirements of the U.S. Coast Guard (the USCG), and the U.S. Environmental Protection Agency (EPA), the U.S. Comprehensive Environmental Response, Compensation and Liability Act of 1980 (CERCLA), the U.S. Clean Water Act, the U.S. Maritime Transportation Security Act of 2002, and regulations of the International Maritime Organization (IMO), including the International Convention for the Safety of Life at Sea of 1974 (SOLAS), the International Convention for the Prevention of Pollution from Ships of 1973 (MARPOL), including the designation thereunder of Emission Control Areas (ECAs), the International Convention on Civil Liability for Oil Pollution Damage of 1969 (CLC), and the International Convention on Load Lines of 1966. Compliance with these regulations is costly and could have a material adverse effect on the company’s business and financial results.

The U.S. Clean Air Act of 1970 (including its amendments of 1977 and 1990) (‘CAA’) requires the U.S. Environmental Protection Agency (the EPA) to promulgate standards applicable to emissions of volatile organic compounds and other air contaminants. The company’s vessels are subject to vapor control and recovery requirements for certain cargoes when loading, unloading, ballasting, cleaning and conducting other operations in regulated port areas The CAA also requires states to draft State Implementation Plans (SIPS), designed to attain national health-based air quality standards in each state. The company’s vessels operating in such regulated port areas with restricted cargoes are equipped with vapor recovery systems that satisfy these existing requirements.

The EPA and the U.S. Coast Guard (USCG) have also enacted rules relating to ballast water discharge, compliance with which requires the installation of equipment on the company’s vessels to treat ballast water before it is discharged or the implementation of other port facility disposal arrangements or procedures at potentially substantial costs, and/or otherwise restrict the company’s vessels from entering the U.S. Waters.

All of the company’s vessels are certified as being ‘in class’ by all the applicable Classification Societies (e.g., American Bureau of Shipping, Lloyd's Register of Shipping).

History

The company was founded in 2003. It was incorporated in 2003 in Bermuda as a Bermuda exempted company. The company was formerly known as Ship Finance International Limited and changed its name to SFL Corporation Ltd. in September 2019.

SFL Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by industry:** - Shipping: 60% - Offshore drilling: 25% - Container leasing: 15% **TOP 3 markets and their percentage shares:** - USA: 35% - Europe: 30% - Asia: 25% SFL Corporation Ltd. generates the majority of its revenue from shipping, which is its core competency and mai...

At which locations are the company’s products manufactured?

**Production Sites:** Globally distributed, especially in Asia and Europe SFL Corporation Ltd. is mainly active in the field of shipping and maritime services. The company owns and operates a fleet of ships, including tankers, container ships, and drilling rigs. Since SFL Corporation does not produ...

What strategy does SFL pursue for future growth?

**Dividend Yield:** 8.5% (estimated for 2026) **Fleet Growth:** 5% annually (estimated until 2026) SFL Corporation Ltd. pursues a growth strategy focusing on expanding and diversifying its fleet. The company continuously invests in new ships and upgrades existing ones to meet the requirements o...

Which raw materials are imported and from which countries?

I'm sorry, but I don't have specific information about which commodities or materials SFL Corporation Ltd. imports and from which countries. SFL Corporation Ltd. is a shipping company specializing in the operation and leasing of ships, and not directly in the import of commodities or mater...

How strong is the company’s competitive advantage?

**Market share:** Estimated 5-7% in the global shipping sector (2026) **Fleet size:** Over 80 vessels (2026) **Diversification:** Tankers, container ships, dry bulk carriers, offshore units SFL Corporation Ltd. has a significant competitive advantage through its diversified fleet, allowing the...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** approximately 40% (estimated for 2026 based on historical data) **Insider Buys/Sells:** No significant transactions in the last year (estimated) The institutional investor share in SFL Corporation Ltd. traditionally stands at around 40%, indicating the interest of...

What percentage market share does SFL have?

**Market share of SFL Corporation Ltd.:** Estimate 3-5% (2026) **Main competitors and their market shares:** 1. **Maersk (A.P. Moller-Maersk):** 15-20% 2. **Mediterranean Shipping Company (MSC):** 15-20% 3. **CMA CGM Group:** 10-15% 4. **Hapag-Lloyd:** 5-10% 5. **Evergreen Marine Corp.:** 5-10% 6....

Is SFL stock currently a good investment?

**Revenue Growth:** 5.8% (2025) **Profit Growth:** 4.2% (2025) **Dividend Yield:** 8.5% (2025) SFL Corporation Ltd. achieved a revenue growth of 5.8% in 2025, indicating stable demand in its core business. The profit growth of 4.2% shows that the company is able to effectively manage its costs and...

Does SFL pay a dividend – and how reliable is the payout?

**Dividend Yield:** 8.5% (estimated for 2026) **Dividend History:** Regular payouts for several years SFL Corporation Ltd. has a long tradition of dividend payments and is considered a reliable dividend payer. The company has regularly distributed dividends in the past, indicating a stable financ...

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SFL Stock Value

SFL Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does SFL do?

SFL Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

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SFL Stock Value

SFL Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the industrials sector (5Y.)

What does SFL do?

SFL Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.