Seaspan Corp. Company Profile (NYSE:SSW)

Analyst Ratings

Consensus Ratings for Seaspan Corp. (NYSE:SSW) (?)
Ratings Breakdown: 2 Sell Rating(s), 4 Hold Rating(s), 1 Buy Rating(s)
Consensus Rating:Hold (Score: 1.86)
Consensus Price Target: $15.80 (5.40% upside)

Analysts' Ratings History for Seaspan Corp. (NYSE:SSW)
Show:
DateFirmActionRatingPrice TargetActions
5/24/2016Deutsche Bank AGDowngradeBuy -> Hold$25.00 -> $12.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
4/1/2016Barclays PLCDowngradeEqual Weight -> Underweight$15.00 -> $14.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
3/15/2016Jefferies GroupReiterated RatingBuy$25.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
12/18/2015JPMorgan Chase & Co.Initiated CoverageUnderweight$13.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/20/2015Wells Fargo & Co.DowngradeOutperform -> Market Perform$19.00 -> $15.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
11/4/2015BB&T Corp.Reiterated RatingHoldView Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/21/2015Clarkson CapitalDowngradeBuy -> NeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
2/20/2015Seaport Global SecuritiesInitiated CoverageNeutralView Rating Details  Tweet This Rating  Share This Rating on StockTwits
1/13/2015Citigroup Inc.Reiterated RatingHold$22.00 -> $18.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
10/22/2014Credit Suisse Group AGUpgradeUnderperform -> Neutral$20.00 -> $21.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
7/29/2014Bank of America Corp.DowngradeNeutral -> Underperform$25.00 -> $22.00View Rating Details  Tweet This Rating  Share This Rating on StockTwits
(Data available from 7/29/2014 forward)

Earnings

Earnings History for Seaspan Corp. (NYSE:SSW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallActions
7/26/2016        
7/25/2016Q216$0.28$0.30$217.74 million$224.31 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/25/2016Q1$0.30$0.33$216.11 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/2/2015Q315$0.28$0.30$212.00 million$212.86 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/28/2015Q215$0.24$0.22$200.01 million$387.70 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/27/2015Q115$0.23$0.25$188.10 million$188.55 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/23/2015Q414$0.27$0.27$189.87 millionViewListenView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/3/2014Q314$0.26$0.54$184.30 million$185.90 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/28/2014Q214$0.22$0.19$175.45 million$173.87 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
4/28/2014Q114$0.22$0.18$170.29 million$168.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/3/2014Q413$0.25$0.25$171.41 million$172.00 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2013Q313$0.21$0.28$168.83 million$172.40 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
7/29/2013Q2 2013$0.24$0.18$166.93 million$167.79 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/5/2013Q4 2012$0.28$0.46$167.68 million$169.80 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
10/30/2012Q312$0.32$0.30$168.60 million$168.67 millionViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/1/2012$0.31$0.35ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
2/29/2012$0.28$0.31ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
11/1/2011$0.28$0.29ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
8/4/2011$0.26$0.24ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
5/5/2011$0.29$0.24ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
3/14/2011$0.32$0.31ViewN/AView Earnings Details  Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Seaspan Corp. (NYSE:SSW)
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.29$0.31$0.30
Q2 20162$0.27$0.29$0.28
Q3 20162$0.29$0.30$0.30
Q4 20162$0.28$0.30$0.29
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Seaspan Corp. (NYSE:SSW)
Annual Dividend:$1.50
Dividend Yield:10.01%
Payout Ratio:172.41% (Based on Trailing 12 Months of Earnings)
121.95% (Based on Current Year Consensus EPS Estimate)
132.74% (Based on Next Year Consensus EPS Estimate)
Dividend Growth:16.20% (3 Year Average)

Dividend History for Seaspan Corp. (NYSE:SSW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable DateShare
7/12/2016quarterly$0.3810.01%7/18/20167/20/20168/1/2016Tweet This Announcement  Share This Announcement on StockTwits
4/12/2016quarterly$0.388.39%4/18/20164/20/20165/2/2016Tweet This Announcement  Share This Announcement on StockTwits
1/12/2016quarterly$0.389.89%1/15/20161/20/20162/1/2016Tweet This Announcement  Share This Announcement on StockTwits
10/13/2015quarterly$0.389%10/16/201510/20/201510/30/2015Tweet This Announcement  Share This Announcement on StockTwits
7/13/2015quarterly$0.387.75%7/16/20157/20/20157/30/2015Tweet This Announcement  Share This Announcement on StockTwits
4/13/2015quarterly$0.387.79%4/16/20154/20/20154/30/2015Tweet This Announcement  Share This Announcement on StockTwits
1/13/2015quarterly$0.357.67%1/20/20151/22/20151/30/2015Tweet This Announcement  Share This Announcement on StockTwits
10/14/2014quarterly$0.357.65%10/16/201410/20/201410/30/2014Tweet This Announcement  Share This Announcement on StockTwits
7/15/2014quarterly$0.355.82%7/17/20147/21/20147/30/2014Tweet This Announcement  Share This Announcement on StockTwits
4/14/2014quarterly$0.356.28%4/16/20144/21/20144/30/2014Tweet This Announcement  Share This Announcement on StockTwits
2/6/2014quarterly$0.315.5%2/13/20142/18/20142/26/2014Tweet This Announcement  Share This Announcement on StockTwits
11/1/2013quarterly$0.315.44%11/14/201311/18/201311/27/2013Tweet This Announcement  Share This Announcement on StockTwits
7/31/2013quarterly$0.315.89%8/8/20138/12/20138/21/2013Tweet This Announcement  Share This Announcement on StockTwits
5/1/2013quarterly$0.315.71%5/16/20135/20/20135/30/2013Tweet This Announcement  Share This Announcement on StockTwits
2/7/2013quarterly$0.255.01%2/14/20132/19/20132/27/2013Tweet This Announcement  Share This Announcement on StockTwits
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Seaspan Corp. (NYSE:SSW)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Seaspan Corp. (NYSE:SSW)
DateHeadline
07/27/16 09:42 AMSeaspan : tops Street 2Q forecasts
07/26/16 07:00 PMSeaspan Corp. - 1 Stock, 3 Opportunities, 3 Winning Trades
07/26/16 02:18 PMEdited Transcript of SSW earnings conference call or presentation 26-Jul-16 1:30pm GMT -
07/26/16 09:00 AMSeaspan Corporation's Rising Fleet Drives Earnings -
07/25/16 07:08 PMSeaspan Reports Financial Results for the Three and Six Months Ended June 30, 2016 - [at noodls] - 5aac6815-845c-45eb-8e53-8132013d54c8.pdf This is an abstract of the original noodl. To continue reading this document, click here for the original version.
07/25/16 06:47 PMSeaspan Corporation Q2 Profit Advances 25%
07/25/16 06:47 PMShares now down at $14.66 (SSW) Seaspan Reports Financial Results for…
07/25/16 06:21 PMSeaspan tops Street 2Q forecasts -
07/25/16 06:07 AMQ2 2016 Seaspan Corp Earnings Release - After Market Close -
07/22/16 06:24 PMFirms and Funds Increasing Their Stake in Seaspan Corporation (NYSE:SSW) - Engelwood Daily
07/22/16 09:29 AMHow Analysts Rated Seaspan Corporation (NYSE:SSW) Last Week? - Consumer Eagle
07/22/16 07:48 AMTransport Stocks Jul 25 Earnings Roster: CNI, SSW, WAB -
07/21/16 06:54 PMSeaspan Corporation (NYSE:SSW): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily
07/20/16 07:34 PMBetter Buy: Seaspan Corporation vs. Textainer Group Holdings Limited - Madison.com
07/20/16 07:34 PMIs $25 Price Target Attainable For Seaspan Corporation (NYSE:SSW)? - Investor Newswire
07/19/16 06:47 PMStock is down at $14.74 (SSW) Seaspan Announces Conference Call and…
07/19/16 07:34 AMStock Focus: Following Analyst Expectations on Shares of Seaspan Corporation (NYSE:SSW) - TGP
07/19/16 07:34 AMEquity Roundup: Stock Performance Focus on Seaspan Corporation (NYSE:SSW) - Press Telegraph
07/19/16 07:34 AMSeaspan Corporation (NYSE:SSW) Shorts Decreased by 2.22% After Short Covering - Consumer Eagle
07/19/16 07:24 AMSeaspan Corp. breached its 50 day moving average in a Bearish Manner : SSW-US : July 19, 2016 -
07/18/16 04:05 PMSeaspan Announces Conference Call and Webcast to Discuss Results for the Second Quarter Ended June 30, 2016 - [PR Newswire] - HONG KONG, CHINA, July 18, 2016 /PRNewswire/ - Seaspan Corporation ("Seaspan") (NYSE:SSW) plans to release its financial results for the quarter ended June 30, 2016 on Monday July 25, 2016 after ...
07/16/16 05:56 PMSeaspan Corporation (NYSE:SSW) Earnings Concentration and Analyst Target Watch - Engelwood Daily
07/16/16 05:56 PMSeaspan Corporation (SSW) Ex-Dividend Date Scheduled for July 18, 2016 - Nasdaq
07/13/16 06:59 PMThis Stock Has A 10.02% Yield And Sells For Less Than Book
07/13/16 06:59 PMShould You Sell Seaspan (SSW) Before Earnings?
07/13/16 09:28 AMTrading Performance and Target Watch for Seaspan Corporation (NYSE:SSW) - Press Telegraph
07/12/16 08:13 AMSeaspan Declares Quarterly Dividends on Common and Preferred Shares - [at noodls] - 0c401ea1-a621-4d24-9dff-c6bb165a15b0.pdf SEASPAN DECLARES QUARTERLY DIVIDENDS ON COMMON AND PREFERRED SHARES HONG KONG, CHINA, July 12, 2016 /CNW/ - Seaspan Corporation (NYSE:SSW) announced today that ...
07/09/16 05:54 PMOption Market: Seaspan Corporation Risk Hits A Lowered Level - CML News
07/08/16 09:27 AMSeaspan Corporation (NYSE:SSW) Current Analyst Ratings - Fiscal Standard
07/07/16 09:22 AMCan Seaspan Corporation (NYSE:SSW) Improve on the Earnings Front? - Engelwood Daily
07/07/16 09:22 AMSales of $939.46 expected for Seaspan Corporation (NYSE:SSW) - Investor Newswire
07/06/16 10:16 AMCompany Stock Focus for Seaspan Corporation (NYSE:SSW): Which Way Will Shares Head? - Press Telegraph
07/02/16 09:11 AMSeaspan Corporation (NYSE:SSW) Short Interest Decreased By 2.22% - Engelwood Daily
07/01/16 06:36 PMWith Shares Trading up at $14.09 Seaspan Acquires Two Newbuilding Vessels…
07/01/16 06:36 PMSeaspan acquires 2 newbuilding vessels from Greater China
07/01/16 06:36 PMSeaspan (SSW) Acquires Two Newbuilding Vessels for $195.6M
07/01/16 06:36 PMSeaspan Corporation: Seaspan Acquires Two Newbuilding Vessels and Associated 17-Year Charters for $195.6 Million
07/01/16 05:42 PMETF’s with exposure to Seaspan Corp. : July 1, 2016 -
06/30/16 09:45 AMWhy Has Seaspan Corporation's Stock Been a Sinking Ship in 2016? - The containership leasing company is down 11% so far this year.
06/30/16 09:21 AMSeaspan paying $195.6M for two newbuilding vessels
06/29/16 04:46 PM5:46 pm Seaspan acquired two newbuilding 11000 TEU vessels from Greater China Intermodal Investments for a total purchase price of $195.6 mln; expected to be accretive -
06/29/16 04:43 PMSeaspan Acquires Two Newbuilding Vessels and Associated 17-Year Charters for $195.6 Million - [PR Newswire] - HONG KONG, CHINA, June 29, 2016 /PRNewswire/ - Seaspan Corporation ("Seaspan") (SSW) announced today that it has acquired two newbuilding 11000 TEU vessels from Greater China Intermodal Investments LLC ("GCI") for a total purchase price of $195.6 million. Seaspan will assume a total of approximately $88.1 million in remaining instalments under the shipbuilding contracts for these vessels as partial consideration for the purchase price.
06/28/16 06:28 PMExchange Traded Debt: Income For The Yield-Starved - Part II, The Post-Brexit Edition - Seeking Alpha
06/28/16 10:42 AMNew Broker Ratings For Seaspan Corporation (NYSE:SSW) - FTSE News
06/27/16 10:25 AMSeaspan Corporation (NYSE:SSW) Broker Price Targets For The Coming Week - Fiscal Standard
06/26/16 10:31 AMTop Picks For Transports, Post Brexit Carnage - Seeking Alpha
06/24/16 09:08 AMShare Update and Earnings Review for Seaspan Corporation (NYSE:SSW) - Press Telegraph
06/23/16 09:11 AMAs Expanded Panama Canal Prepares to Open, New York Isn’t Ready
06/22/16 06:32 PMAs Expanded Panama Canal Prepares to Open, New York Isn't Ready - Wall Street Journal
06/21/16 06:05 PMLean Long-Term Growth Portfolio Buy Alert - Seaspan Corporation - Seeking Alpha

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About Seaspan Corp.

Seaspan Corp. logoSeaspan Corporation is an independent charter owner and manager of containerships. It charters pursuant to long-term, fixed-rate time charters with various container liner companies. It operates a fleet of approximately 90 containerships. Its operating vessels include YM Wish, YM Wellhead, YM Witness, CSCL Manzanillo and Guayaquil Bridge. Its over four 4,800 20-foot equivalent unit (TEU) vessels are chartered by Mediterranean Shipping Company S.A. under bareboat charters, which are contracts for the use of a vessel for a fixed period of time. It is responsible for the operation and management of vessel, including maintaining the vessel, periodic dry-docking, cleaning and painting and performing work required by regulations under each of the time charters. It also provides limited ship management services to Dennis R. Washington's personal vessel owning companies, and ship management and construction supervision services to Greater China Intermodal Investments LLC (GCI).

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: SSW
  • CUSIP:
Key Metrics:
  • Previous Close: $14.99
  • 50 Day Moving Average: $14.62
  • 200 Day Moving Average: $16.19
  • P/E Ratio: 18.19
  • P/E Growth: 1.25
  • Market Cap: $1.52B
  • Beta: 1.27
  • Current Year EPS Consensus Estimate: $1.23 EPS
  • Next Year EPS Consensus Estimate: $1.13 EPS
Additional Links:
Seaspan Corp. (NYSE:SSW) Chart for Friday, July, 29, 2016