SFL Corporation

SFL shares rose to a 52-week high of $12.94, 92% above the low of $6.73; year-to-date gains are about 72%. Ship Finance reported adjusted EBITDA of roughly $130 million (consensus $100 million), net profit of $34 million ($0.25 per share) and revenue of $201 million. InvestingPro currently rates SFL as overvalued versus its fair-value estimate but notes a 23-year consecutive dividend and a yield of 6.9%. BTIG reaffirmed its buy rating after the results with a $14.00 price target. » Mere på de.investing.com

SFL has extended the time-charter agreements for six 15,400 TEU containerships to Hapag-Lloyd by seven years to 2035–2036 at fixed rates. The new contracts increase the backlog from fixed-rate charter agreements by around USD 750 million and bring total backlog as of 30 June 2026 to about USD 4.6 billion. CEO Ole B. Hjertaker emphasizes that the transaction strengthens earnings visibility and supports long-term distribution capacity. » Mere på de.investing.com

SFL reported a Q2 2026 net profit of $34m ($0.25 per share), comfortably above the forecast of $0.075. Revenue rose to $201m (+15.3%), and adjusted EBITDA climbed to $130m, driven mainly by the tanker segment, where Suezmax spot rates increased to $133,000/day. The company announced a quarterly dividend of $0.22, raised its charter backlog to $3.8bn and ordered four LNG dual-fuel car carriers; risks remain cyclical freight rates and still-pending capital commitments of about $1.2bn. » Mere på de.investing.com