Ship Finance International Limited (NYSE:SFL) reached a new 52-week low on Tuesday . The company traded as low as $11.50 and last traded at $11.97, with a volume of 56270 shares trading hands. The stock had previously closed at $12.08.

A number of equities research analysts have recently weighed in on SFL shares. Zacks Investment Research downgraded shares of Ship Finance International from a “hold” rating to a “sell” rating in a research report on Friday, October 12th. Nordea Equity Research upgraded shares of Ship Finance International from a “hold” rating to a “buy” rating in a research report on Thursday, September 6th. ValuEngine downgraded shares of Ship Finance International from a “hold” rating to a “sell” rating in a research report on Thursday, September 13th. Finally, TheStreet downgraded shares of Ship Finance International from a “b” rating to a “c+” rating in a research report on Thursday, August 23rd. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of $15.38.

The stock has a market cap of $1.50 billion, a P/E ratio of 10.04 and a beta of 1.21. The company has a debt-to-equity ratio of 0.95, a quick ratio of 0.49 and a current ratio of 0.50.

Ship Finance International (NYSE:SFL) last announced its quarterly earnings data on Wednesday, August 22nd. The shipping company reported $0.36 EPS for the quarter, beating the consensus estimate of $0.26 by $0.10. Ship Finance International had a net margin of 23.55% and a return on equity of 9.40%. The business had revenue of $96.80 million during the quarter, compared to the consensus estimate of $101.65 million. During the same period in the previous year, the business earned $0.35 earnings per share. Equities research analysts forecast that Ship Finance International Limited will post 0.87 EPS for the current fiscal year.

A number of institutional investors and hedge funds have recently made changes to their positions in SFL. Baillie Gifford & Co. acquired a new position in Ship Finance International during the third quarter valued at approximately $115,000. Amalgamated Bank acquired a new position in Ship Finance International during the second quarter valued at approximately $169,000. Jane Street Group LLC acquired a new position in Ship Finance International during the third quarter valued at approximately $208,000. Trilogy Capital Inc. acquired a new position in Ship Finance International during the second quarter valued at approximately $219,000. Finally, MML Investors Services LLC raised its position in Ship Finance International by 37.9% during the third quarter. MML Investors Services LLC now owns 17,723 shares of the shipping company’s stock valued at $246,000 after purchasing an additional 4,868 shares in the last quarter. Institutional investors and hedge funds own 32.06% of the company’s stock.

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Ship Finance International Company Profile (NYSE:SFL)

Ship Finance International Limited owns and operates vessels and offshore related assets primarily in Bermuda, Cyprus, Malta, Liberia, Norway, the United Kingdom, and the Marshall Islands. It is also involved in the charter, purchase, and sale of assets. In addition, the company operates in various sectors of the shipping and offshore industry, including oil transportation, dry bulk shipments, chemical transportation, oil product transportation, container transportation, car transportation, drilling rigs, and offshore supply vessels.

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