Seaspan Company Profile (NYSE:SSW)

About Seaspan (NYSE:SSW)

Seaspan logoSeaspan Corporation is an independent charter owner and manager of containerships. The Company charters pursuant to long-term, fixed-rate time charters with various container liner companies. As of February 20, 2017, it had operated a fleet of 88 containerships and had entered into contracts for the purchase of an additional eight new building containerships. Its operating vessels include YM Wish, YM Wellhead, YM Witness, COSCO Glory, COSCO Development, COSCO Harmony, COSCO Excellence, COSCO Hope, COSCO Fortune, Seaspan Yangtze, CSCL Zeebrugge, CSCL Long Beach, CSCL Oceania, COSCO Vietnam, MOL Emissary, Seaspan Chiwan, Seaspan Ningbo, Seaspan Felixstowe, CSCL Brisbane, Seaspan Santos, Seaspan Loncomilla, Seaspan Lingue, CSCL Montevideo, CSCL Callao, Guayaquil Bridge and Calicanto Bridge. The Company is engaged in the operation and management of vessel, including maintaining the vessel, periodic dry-docking, cleaning and painting and performing work required by regulations.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NYSE:SSW
  • CUSIP: N/A
  • Web: www.seaspancorp.com
Capitalization:
  • Market Cap: $616.38 million
  • Outstanding Shares: 109,482,000
Average Prices:
  • 50 Day Moving Avg: $6.47
  • 200 Day Moving Avg: $8.06
  • 52 Week Range: $5.58 - $15.49
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 5.17
  • P/E Growth: 1.30
Sales & Book Value:
  • Annual Revenue: $863.7 million
  • Price / Sales: 0.71
  • Book Value: $16.06 per share
  • Price / Book: 0.35
Dividend:
  • Annual Dividend: $1.50
  • Dividend Yield: 21.6%
Profitability:
  • EBIDTA: $525.05 million
  • Net Margins: -7.28%
  • Return on Equity: 10.38%
  • Return on Assets: 3.01%
Debt:
  • Debt-to-Equity Ratio: 1.48%
  • Current Ratio: 1.18%
  • Quick Ratio: 1.18%
Misc:
  • Average Volume: 1.21 million shs.
  • Beta: 0.88
  • Short Ratio: 3.53
 

Frequently Asked Questions for Seaspan (NYSE:SSW)

What is Seaspan's stock symbol?

Seaspan trades on the New York Stock Exchange (NYSE) under the ticker symbol "SSW."

How often does Seaspan pay dividends? What is the dividend yield for Seaspan?

Seaspan declared a quarterly dividend on Tuesday, April 11th. Investors of record on Thursday, April 20th will be paid a dividend of $0.125 per share on Monday, May 1st. This represents a $0.50 annualized dividend and a yield of 8.88%. The ex-dividend date of this dividend is Tuesday, April 18th. View Seaspan's Dividend History.

How were Seaspan's earnings last quarter?

Seaspan Co. (NYSE:SSW) released its earnings results on Wednesday, April, 26th. The company reported $0.15 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.13 by $0.02. The business earned $201.30 million during the quarter, compared to analysts' expectations of $204.09 million. Seaspan had a negative net margin of 7.28% and a positive return on equity of 10.38%. The company's revenue for the quarter was down 6.6% on a year-over-year basis. During the same period last year, the business earned $0.33 EPS. View Seaspan's Earnings History.

When will Seaspan make its next earnings announcement?

Seaspan is scheduled to release their next quarterly earnings announcement on Monday, July, 24th 2017. View Earnings Estimates for Seaspan.

Where is Seaspan's stock going? Where will Seaspan's stock price be in 2017?

8 equities research analysts have issued 12-month price objectives for Seaspan's stock. Their forecasts range from $4.50 to $10.00. On average, they anticipate Seaspan's share price to reach $6.92 in the next twelve months. View Analyst Ratings for Seaspan.

Who are some of Seaspan's key competitors?

Who owns Seaspan stock?

Seaspan's stock is owned by many different of institutional and retail investors. Top institutional shareholders include TIGER CONTAINER SHIPPING COMPANY LTD (5.06%), TIGER CONTAINER SHIPPING COMPANY LTD (5.03%), WANG GERRY YOUGUI (2.60%), WANG GERRY YOUGUI (2.20%), Fairview Capital Investment Management LLC (1.29%) and Dimensional Fund Advisors LP (1.02%). View Institutional Ownership Trends for Seaspan.

Who sold Seaspan stock? Who is selling Seaspan stock?

Seaspan's stock was sold by a variety of institutional investors in the last quarter, including Fairview Capital Investment Management LLC, Renaissance Technologies LLC, Vanguard Group Inc., TIAA CREF Investment Management LLC, Morgan Stanley, Advisors Asset Management Inc., Wells Fargo & Company MN and Bard Associates Inc.. View Insider Buying and Selling for Seaspan.

Who bought Seaspan stock? Who is buying Seaspan stock?

Seaspan's stock was purchased by a variety of institutional investors in the last quarter, including Highbridge Capital Management LLC, Dimensional Fund Advisors LP, Global X Management Co. LLC, Bogle Investment Management L P DE, Bank of Montreal Can, Knott David M, Airain ltd and Dynamic Technology Lab Private Ltd. View Insider Buying and Selling for Seaspan.

How do I buy Seaspan stock?

Shares of Seaspan can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Seaspan stock cost?

One share of Seaspan stock can currently be purchased for approximately $5.63.

Analyst Ratings

Consensus Ratings for Seaspan (NYSE:SSW) (?)
Ratings Breakdown: 3 Sell Ratings, 5 Hold Ratings
Consensus Rating:Hold (Score: 1.63)
Consensus Price Target: $6.92 (22.85% upside)

Analysts' Ratings History for Seaspan (NYSE:SSW)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
5/2/2017Citigroup IncUpgradeSell -> Neutral$7.00MediumView Rating Details
5/1/2017Credit Suisse Group AGDowngradeNeutral -> Underperform$7.00 -> $6.00LowView Rating Details
3/16/2017Barclays PLCReiterated RatingUnderweight -> Underweight$11.00 -> $6.00LowView Rating Details
3/2/2017JPMorgan Chase & Co.UpgradeUnderweight -> Neutral$10.00 -> $8.00N/AView Rating Details
2/1/2017Morgan StanleyInitiated CoverageUnderweight$4.50N/AView Rating Details
1/19/2017Seaport Global SecuritiesReiterated RatingNeutralN/AView Rating Details
12/1/2016Janney Montgomery ScottInitiated CoverageNeutral$10.00N/AView Rating Details
9/23/2016Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
5/24/2016Deutsche Bank AGDowngradeBuy -> Hold$25.00 -> $12.00N/AView Rating Details
3/15/2016Jefferies Group LLCReiterated RatingBuy$25.00N/AView Rating Details
11/20/2015Wells Fargo & CoDowngradeOutperform -> Market Perform$19.00 -> $15.00N/AView Rating Details
11/4/2015BB&T Co.Reiterated RatingHoldN/AView Rating Details
(Data available from 5/25/2015 forward)

Earnings

Earnings History for Seaspan (NYSE:SSW)
Earnings by Quarter for Seaspan (NYSE:SSW)
Earnings History by Quarter for Seaspan (NYSE:SSW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
7/24/2017        
4/26/2017Q1 17$0.13$0.15$204.09 million$201.30 millionViewN/AView Earnings Details
2/28/2017Q416$0.18$0.21$213.39 million$213.20 millionViewN/AView Earnings Details
10/31/2016Q316$0.30$0.29$225.88 million$224.90 millionViewN/AView Earnings Details
7/25/2016Q216$0.28$0.30$217.74 million$224.31 millionViewN/AView Earnings Details
4/25/2016Q1$0.30$0.33$217.38 million$215.52 millionViewN/AView Earnings Details
11/2/2015Q315$0.28$0.30$212.00 million$212.86 millionViewListenView Earnings Details
7/28/2015Q215$0.24$0.22$200.01 million$387.70 millionViewListenView Earnings Details
4/27/2015Q115$0.23$0.25$188.10 million$188.55 millionViewListenView Earnings Details
2/23/2015Q414$0.27$0.27$190.91 million$189.44 millionViewListenView Earnings Details
11/3/2014Q314$0.26$0.54$184.30 million$185.90 millionViewN/AView Earnings Details
7/28/2014Q214$0.22$0.19$175.45 million$173.87 millionViewN/AView Earnings Details
4/28/2014Q114$0.22$0.18$170.29 million$168.00 millionViewN/AView Earnings Details
3/3/2014Q413$0.25$0.25$171.41 million$172.00 millionViewN/AView Earnings Details
10/30/2013Q313$0.21$0.28$168.83 million$172.40 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.24$0.18$166.93 million$167.79 millionViewN/AView Earnings Details
3/5/2013Q4 2012$0.28$0.46$167.68 million$169.80 millionViewN/AView Earnings Details
10/30/2012Q312$0.32$0.30$168.60 million$168.67 millionViewN/AView Earnings Details
8/1/2012$0.31$0.35ViewN/AView Earnings Details
2/29/2012$0.28$0.31ViewN/AView Earnings Details
11/1/2011$0.28$0.29ViewN/AView Earnings Details
8/4/2011$0.26$0.24ViewN/AView Earnings Details
5/5/2011$0.29$0.24ViewN/AView Earnings Details
3/14/2011$0.32$0.31ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Seaspan (NYSE:SSW)
2017 EPS Consensus Estimate: $0.79
2018 EPS Consensus Estimate: $0.96
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20172$0.09$0.16$0.13
Q2 20172$0.19$0.20$0.20
Q3 20172$0.21$0.26$0.24
Q4 20172$0.22$0.24$0.23
Q1 20181$0.23$0.23$0.23
Q2 20181$0.24$0.24$0.24
Q3 20181$0.25$0.25$0.25
Q4 20181$0.24$0.24$0.24
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Seaspan (NYSE:SSW)
Most Recent Dividend:5/1/2017
Annual Dividend:$1.50
Dividend Yield:26.64%
Dividend Growth:8.10% (3 Year Average)
Payout Ratio:-141.51% (Trailing 12 Months of Earnings)
211.27% (Based on This Year's Estimates)
137.61% (Based on Next Year's Estimates)
Track Record:5 Years of Consecutive Dividend Growth
Dividend Payments by Quarter for Seaspan (NYSE:SSW)

Dividend History by Quarter for Seaspan (NYSE:SSW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
4/11/2017quarterly$0.137.39%4/18/20174/20/20175/1/2017
11/11/2016Quarterly$0.3813.79%1/18/20171/20/20171/30/2017
10/11/2016quarterly$0.3811.29%10/18/201610/20/201610/31/2016
7/12/2016quarterly$0.3810.01%7/18/20167/20/20168/1/2016
4/12/2016quarterly$0.388.39%4/18/20164/20/20165/2/2016
1/12/2016quarterly$0.389.89%1/15/20161/20/20162/1/2016
10/13/2015quarterly$0.389%10/16/201510/20/201510/30/2015
7/13/2015quarterly$0.387.75%7/16/20157/20/20157/30/2015
4/13/2015quarterly$0.387.79%4/16/20154/20/20154/30/2015
1/13/2015quarterly$0.357.67%1/20/20151/22/20151/30/2015
10/14/2014quarterly$0.357.65%10/16/201410/20/201410/30/2014
7/15/2014quarterly$0.355.82%7/17/20147/21/20147/30/2014
4/14/2014quarterly$0.356.28%4/16/20144/21/20144/30/2014
2/6/2014quarterly$0.315.5%2/13/20142/18/20142/26/2014
11/1/2013quarterly$0.315.44%11/14/201311/18/201311/27/2013
7/31/2013quarterly$0.315.89%8/8/20138/12/20138/21/2013
5/1/2013quarterly$0.315.71%5/16/20135/20/20135/30/2013
2/7/2013quarterly$0.255.01%2/14/20132/19/20132/27/2013
(Data available from 1/1/2013 forward)

Insider Trades

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

Headlines

Headline Trends for Seaspan (NYSE:SSW)
Latest Headlines for Seaspan (NYSE:SSW)
Source:
DateHeadline
finance.yahoo.com logoETFs with exposure to Seaspan Corp. : May 15, 2017
finance.yahoo.com - May 15 at 7:16 PM
americanbankingnews.com logo$0.17 EPS Expected for Seaspan Co. (SSW) This Quarter
www.americanbankingnews.com - May 15 at 11:12 AM
finance.yahoo.com logoETFs with exposure to Seaspan Corp. : May 4, 2017
finance.yahoo.com - May 4 at 8:54 PM
finance.yahoo.com logoSeaspan Corp. :SSW-US: Earnings Analysis: Q1, 2017 By the Numbers : May 3, 2017
finance.yahoo.com - May 3 at 6:12 PM
americanbankingnews.com logoSomewhat Critical Press Coverage Likely to Affect Seaspan (SSW) Stock Price
www.americanbankingnews.com - May 3 at 9:29 AM
finance.yahoo.com logoSeaspan Corp. – Value Analysis (NYSE:SSW) : May 1, 2017
finance.yahoo.com - May 1 at 7:11 PM
americanbankingnews.com logoSeaspan Co. (SSW) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - May 1 at 12:28 PM
americanbankingnews.com logoSeaspan Co. (SSW) Rating Lowered to Underperform at Credit Suisse Group AG
www.americanbankingnews.com - May 1 at 10:26 AM
americanbankingnews.com logoSomewhat Positive Media Coverage Somewhat Likely to Affect Seaspan (SSW) Share Price
www.americanbankingnews.com - April 30 at 4:33 PM
seekingalpha.com logoSeaspan Corporation's (SSW) CEO Gerry Wang on Q1 2017 Results - Earnings Call Transcript - Seeking Alpha
seekingalpha.com - April 29 at 1:50 AM
finance.yahoo.com logoSeaspan Corp. breached its 50 day moving average in a Bullish Manner : SSW-US : April 28, 2017
finance.yahoo.com - April 28 at 3:46 PM
americanbankingnews.com logoSeaspan (SSW) Earning Favorable News Coverage, AlphaOne Reports
www.americanbankingnews.com - April 27 at 8:48 PM
finance.yahoo.com logoSeaspan Corporation's Earnings Keep Sinking but a Bottom Might Be Ahead
finance.yahoo.com - April 27 at 8:24 PM
fool.com logoSeaspan Corporation's Earnings Keep Sinking but a Bottom Might Be Ahead
www.fool.com - April 27 at 10:43 AM
americanbankingnews.com logoSeaspan Co. (SSW) Announces Quarterly Earnings Results, Beats Estimates By $0.02 EPS
www.americanbankingnews.com - April 26 at 10:04 PM
finance.yahoo.com logoSeaspan Reports Financial Results for the Quarter Ended March 31, 2017
finance.yahoo.com - April 26 at 9:27 PM
finance.yahoo.com logoSeaspan tops 1Q profit forecasts
finance.yahoo.com - April 26 at 9:27 PM
americanbankingnews.com logo$204.59 Million in Sales Expected for Seaspan Co. (SSW) This Quarter
www.americanbankingnews.com - April 26 at 12:42 PM
americanbankingnews.com logoSeaspan (SSW) Given Daily News Sentiment Rating of 0.02
www.americanbankingnews.com - April 24 at 7:22 PM
americanbankingnews.com logo$0.13 Earnings Per Share Expected for Seaspan Co. (SSW) This Quarter
www.americanbankingnews.com - April 24 at 10:35 AM
americanbankingnews.com logoSeaspan (SSW) Given Daily News Impact Rating of -0.06
www.americanbankingnews.com - April 21 at 9:18 PM
fool.com logoNext Week Is an Important One for Seaspan Corporation
www.fool.com - April 21 at 12:28 PM
finance.yahoo.com logoSeaspan Announces Conference Call and Webcast to Discuss Results for the First Quarter Ended March 31, 2017
finance.yahoo.com - April 19 at 8:00 PM
americanbankingnews.com logoSeaspan (SSW) Earns Daily Media Impact Rating of 0.06
www.americanbankingnews.com - April 18 at 3:40 PM
americanbankingnews.com logoSeaspan (SSW) Receives Coverage Optimism Score of 0.22
www.americanbankingnews.com - April 14 at 8:25 PM
americanbankingnews.com logoSeaspan Co. Declares Quarterly Dividend of $0.13 (SSW)
www.americanbankingnews.com - April 11 at 10:55 AM
fool.com logoSeaspan Corporation: The Bear Case From a Bull
www.fool.com - April 11 at 10:34 AM
streetinsider.com logoSeaspan (SSW) Names Larry Simkins to Board of Directors
www.streetinsider.com - April 10 at 7:31 PM
finance.yahoo.com logoSeaspan Announces Board Changes
finance.yahoo.com - April 10 at 7:31 PM
finance.yahoo.com logoETFs with exposure to Seaspan Corp. : April 7, 2017
finance.yahoo.com - April 7 at 10:21 PM
fool.com logoWhy Seaspan Corporation Stock Dropped 13% in March
www.fool.com - April 4 at 6:45 PM
americanbankingnews.com logoSeaspan Co. (SSW) Given Consensus Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - April 4 at 1:19 PM
finance.yahoo.com logoSEASPAN CORP Financials
finance.yahoo.com - March 11 at 1:34 AM
fool.com logoWill Seaspan Corporation Sink or Swim?
www.fool.com - March 9 at 4:52 PM
finance.yahoo.com logoHanjin collapse was like 'nuclear bomb': Seaspan CEO
finance.yahoo.com - March 9 at 1:19 AM
capitalcube.com logoSeaspan Corp. :SSW-US: Earnings Analysis: Q4, 2016 By the Numbers : March 7, 2017
us.rd.yahoo.com - March 7 at 7:51 PM
finance.yahoo.com logoSeaspan to Present at the J.P. Morgan Aviation, Transportation & Industrials Conference
finance.yahoo.com - March 7 at 7:51 PM
seekingalpha.com logoSeaspan: Time For Another Look At Shipping
seekingalpha.com - March 6 at 7:15 PM
finance.yahoo.com logoSeaspan Files 2016 Annual Report on Form 20-F
finance.yahoo.com - March 6 at 7:15 PM
finance.yahoo.com logoSeaspan upgraded by JP Morgan
finance.yahoo.com - March 2 at 8:08 PM
seekingalpha.com logoSeaspan's (SSW) CEO Gerry Wang on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - March 1 at 10:38 PM
finance.yahoo.com logoEdited Transcript of SSW earnings conference call or presentation 1-Mar-17 1:30pm GMT
finance.yahoo.com - March 1 at 10:38 PM
fool.com logoStormy Operating Conditions Cause Seaspan Corporation's Earnings to Sink
www.fool.com - March 1 at 11:40 AM
us.rd.yahoo.com logo6:58 pm Seaspan beats by $0.03, reports revs in-line; reduces quarterly dividend to $0.125 per share from $0.375/share
us.rd.yahoo.com - March 1 at 9:45 AM
us.rd.yahoo.com logoSeaspan Reports Financial Results for the Quarter and Year Ended December 31, 2016
us.rd.yahoo.com - February 28 at 7:38 PM
marketwatch.com logoSeaspan shares fall after dividend cut by 67%
us.rd.yahoo.com - February 28 at 7:38 PM
biz.yahoo.com logoQ4 2016 Seaspan Corp Earnings Release - After Market Close
biz.yahoo.com - February 28 at 11:46 AM
finance.yahoo.com logoIs Seaspan (SSW) a Great Stock for Value Investors?
finance.yahoo.com - February 28 at 11:46 AM
fool.com logo3 Things to Watch When Seaspan Corporation Reports Earnings This Week
www.fool.com - February 27 at 4:48 PM
finance.yahoo.com logoSeaspan Announces Conference Call and Webcast to Discuss Results for the Fourth Quarter and Year Ended December 31, 2016
finance.yahoo.com - February 22 at 8:14 PM

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Chart

Seaspan (SSW) Chart for Thursday, May, 25, 2017

This page was last updated on 5/25/2017 by MarketBeat.com Staff