Advertisement
U.S. markets open in 4 hours 3 minutes
  • S&P Futures

    5,303.00
    -5.25 (-0.10%)
     
  • Dow Futures

    40,134.00
    -10.00 (-0.02%)
     
  • Nasdaq Futures

    18,476.50
    -27.25 (-0.15%)
     
  • Russell 2000 Futures

    2,133.70
    -4.70 (-0.22%)
     
  • Crude Oil

    81.55
    +0.20 (+0.25%)
     
  • Gold

    2,215.40
    +2.70 (+0.12%)
     
  • Silver

    24.54
    -0.21 (-0.86%)
     
  • EUR/USD

    1.0783
    -0.0047 (-0.43%)
     
  • 10-Yr Bond

    4.1960
    0.0000 (0.00%)
     
  • Vix

    12.96
    +0.18 (+1.41%)
     
  • GBP/USD

    1.2590
    -0.0048 (-0.38%)
     
  • USD/JPY

    151.4400
    +0.1940 (+0.13%)
     
  • Bitcoin USD

    70,671.58
    +894.92 (+1.28%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • FTSE 100

    7,959.42
    +27.44 (+0.35%)
     
  • Nikkei 225

    40,168.07
    -594.66 (-1.46%)
     

Is Ship Finance International (SFL) Stock a Solid Choice Right Now?

One stock that might be an intriguing choice for investors right now is Ship Finance International Limited (SFL). This is because this security in the transport space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the transport space as it currently has a Zacks Industry Rank of 35 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Ship Finance International is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

In fact, over the past month, current quarter estimates have risen from 54 cents/share to 61 cents/share, while current year estimates have risen from $1.95/share to $2.18/share. The company currently carries a Zacks Rank #3 (Hold), which is also a favorable signal.

So, if you are looking for a decent pick in a strong industry, consider Ship Finance International. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
SHIP FIN INTL (SFL): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Advertisement