Seaspan Company Profile (NYSE:SSW)

About Seaspan

Seaspan 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: $7.78
  • 50 Day Moving Average: $9.10
  • 200 Day Moving Average: $11.20
  • 52-Week Range: $6.62 - $20.00
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 9.15
  • P/E Growth: 0.86
  • Market Cap: $819.21M
  • Outstanding Shares: 105,297,000
  • Beta: 0.88
Profitability:
  • 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%
Additional Links:
Companies Related to Seaspan:

Analyst Ratings

Consensus Ratings for Seaspan (NYSE:SSW) (?)
Ratings Breakdown: 3 Sell Ratings, 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.75)
Consensus Price Target: $12.08 (55.31% upside)

Analysts' Ratings History for Seaspan (NYSE:SSW)
Show:
DateFirmActionRatingPrice TargetDetails
2/1/2017Morgan StanleyInitiated CoverageUnderweight$4.50View Rating Details
1/19/2017Seaport Global SecuritiesReiterated RatingNeutralView Rating Details
12/1/2016Janney Montgomery ScottInitiated CoverageNeutral$10.00View Rating Details
11/3/2016Citigroup Inc.DowngradeNeutral -> Sell$12.00 -> $7.00View Rating Details
9/23/2016Clarkson CapitalReiterated RatingNeutralView Rating Details
5/24/2016Deutsche Bank AGDowngradeBuy -> Hold$25.00 -> $12.00View Rating Details
4/1/2016Barclays PLCDowngradeEqual Weight -> Underweight$15.00 -> $14.00View Rating Details
3/15/2016Jefferies Group LLCReiterated RatingBuy$25.00View Rating Details
12/18/2015J P Morgan Chase & CoInitiated CoverageUnderweight$13.00View Rating Details
11/20/2015Wells Fargo & CoDowngradeOutperform -> Market Perform$19.00 -> $15.00View Rating Details
11/4/2015BB&T Co.Reiterated RatingHoldView Rating Details
(Data available from 2/26/2015 forward)

Earnings

Earnings History for Seaspan (NYSE:SSW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/28/2017Q416$0.18$213.39 millionN/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$216.11 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$189.87 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)
Current Year EPS Consensus Estimate: $1.11 EPS
Next Year EPS Consensus Estimate: $0.85 EPS
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 20163$0.16$0.30$0.21
Q1 20171$0.17$0.17$0.17
Q2 20171$0.19$0.19$0.19
Q3 20171$0.22$0.22$0.22
Q4 20171$0.23$0.23$0.23
Q1 20181$0.25$0.25$0.25
Q2 20181$0.26$0.26$0.26
Q3 20181$0.27$0.27$0.27
Q4 20181$0.27$0.27$0.27
(Data provided by Zacks Investment Research)

Dividends

Current Dividend Information for Seaspan (NYSE:SSW)
Annual Dividend:$1.50
Dividend Yield:19.28%
Dividend Growth:8.10% (3 Year Average)
Payout Ratio:-141.51% (Based on Trailing 12 Months of Earnings)
135.14% (Based on Current Year Consensus EPS Estimate)
176.47% (Based on Next Year Consensus EPS Estimate)
Track Record:5 Years of Consecutive Dividend Growth

Dividend History for Seaspan (NYSE:SSW)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
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

Latest Headlines for Seaspan (NYSE:SSW)
DateHeadline
finance.yahoo.com logoSeaspan Announces Conference Call and Webcast to Discuss Results for the Fourth Quarter and Year Ended December 31, 2016 (NYSE:SSW)
finance.yahoo.com - February 22 at 8:14 PM
News IconSeaspan Corporation (NYSE:SSW) Price Target Expected At $11.166 - Transcript Daily (NYSE:SSW)
transcriptdaily.com - February 19 at 6:56 PM
News IconAre Analysts Optimistic About Where Seaspan Corporation (NYSE:SSW) is Heading? - Winfield Review (NYSE:SSW)
winfieldreview.com - February 17 at 7:22 PM
News IconTraders Alert: Zillow Group, Inc. (NASDAQ:Z), Seaspan Corporation (NYSE:SSW) - The Newburgh Press (NYSE:SSW)
newburghpress.com - February 17 at 7:22 PM
News IconDividend Growth of Seaspan Corporation(SSW) - Highland Mirror (NYSE:SSW)
www.highlandmirror.com - February 17 at 7:22 PM
finance.yahoo.com logoCramer's lightning round: How Intel could be pulling down Nvidia (NYSE:SSW)
finance.yahoo.com - February 16 at 7:47 PM
News IconABR Of Seaspan Corporation (NYSE:SSW) At 3.39 - Stock Observer (NYSE:SSW)
www.thestockobserver.com - February 15 at 6:15 AM
News IconLooking at the Gauges on Seaspan Corporation (SSW) – BVN Journal - BVN (NYSE:SSW)
bvnewsjournal.com - February 15 at 6:15 AM
seekingalpha.com logoSeaspan Preferreds - Thoughts On Valuation - Seeking Alpha (NYSE:SSW)
seekingalpha.com - February 15 at 6:15 AM
News IconTale of the Tape: Technical Recap for Seaspan Corporation (SSW) - Baldwin Journal (NYSE:SSW)
baldwinjournal.com - February 14 at 6:32 AM
News IconForward Earnings Estimate of Seaspan Corporation(SSW) - Highland Mirror (NYSE:SSW)
www.highlandmirror.com - February 13 at 12:57 AM
fool.com logoBuy Costamare and Sell Seaspan? Analyst Offers a Surprising Take On Container Shipping (NYSE:SSW)
www.fool.com - February 11 at 3:44 AM
seekingalpha.com logoIs Yang Ming The Next Hanjin? (NYSE:SSW)
seekingalpha.com - February 9 at 5:24 AM
seekingalpha.com logoTransports Week In Review - Transports Rally On Friday; SPY Retakes Performance Lead For The Year (NYSE:SSW)
seekingalpha.com - February 6 at 12:49 AM
News IconSeaspan Corporation (NYSE:SSW) Quarterly Analysis - The Newburgh Press (NYSE:SSW)
newburghpress.com - February 5 at 7:47 PM
fool.com logoWhy Seaspan Corporation Stock Is Down Nearly 13% - Motley Fool (NYSE:SSW)
www.fool.com - February 3 at 5:50 AM
fxpips.com logoGAPS Down Stocks, Pre-Market, Feb. 2 – QBAK, XBIO, SIF, BOOT, SSW, BBOX, RGSE, CTXS, CCJ, SGYP (NYSE:SSW)
www.fxpips.com - February 2 at 4:50 AM
us.rd.yahoo.com logoCoverage initiated on Seaspan by Morgan Stanley (NYSE:SSW)
us.rd.yahoo.com - February 2 at 4:50 AM
fool.com logoWhy Seaspan Corporation Stock Is Down Nearly 13% (NYSE:SSW)
www.fool.com - February 1 at 1:36 PM
News IconActive Trading Watch on Shares of Seaspan Corporation (SSW) - Springdale Times (NYSE:SSW)
springdaletimes.com - January 27 at 5:01 AM
realistinvestor.com logoMean Rating Of Seaspan Corporation (NYSE:SSW) At $3.3 - RealistInvestor.com (NYSE:SSW)
www.realistinvestor.com - January 27 at 5:01 AM
News IconEarnings in Full Force, Analysts Take Aim at Seaspan Corporation (NYSE:SSW) - Wall Street Beacon (NYSE:SSW)
wsbeacon.com - January 27 at 5:01 AM
seekingalpha.com logoTransports Week In Review - Broader Indices Narrow The Gap With Transports (NYSE:SSW)
seekingalpha.com - January 23 at 10:28 PM
nasdaq.com logoEx-Div Reminder for Seaspan Corp's 8.25% Series E Cumulative Redeemable Perpetual Preferred Shares (NYSE:SSW)
www.nasdaq.com - January 23 at 10:28 PM
News IconATR Check for Seaspan Corporation (SSW) - Springdale Times (NYSE:SSW)
springdaletimes.com - January 23 at 8:20 AM
nasdaq.com logoSSW Ex-Dividend Reminder - 1/23/17 - Nasdaq (NYSE:SSW)
www.nasdaq.com - January 21 at 7:43 PM
nasdaq.com logoSeaspan Corporation (SSW) Ex-Dividend Date Scheduled for ... - Nasdaq (NYSE:SSW)
www.nasdaq.com - January 21 at 7:43 PM
News IconGearing Up For a Bull Run? Analysts Weigh in on Seaspan Corporation (NYSE:SSW) - Wall Street Beacon (NYSE:SSW)
wsbeacon.com - January 18 at 3:07 AM
News IconMarkets End Mostly Higher, How Did This Stock Fare: Seaspan Corporation (NYSE:SSW) - Wall Street Beacon (NYSE:SSW)
wsbeacon.com - January 16 at 1:09 PM
nasdaq.com logoThis Stock Has A 14.77% Yield And Sells For Less Than Book (NYSE:SSW)
www.nasdaq.com - January 12 at 10:56 PM
realistinvestor.com logoSeaspan Corporation (NYSE:SSW) Mean Rating At $3.5 (NYSE:SSW)
www.realistinvestor.com - January 12 at 10:56 PM
us.rd.yahoo.com logoSeaspan Declares Quarterly Dividends on Common and Preferred Shares (NYSE:SSW)
us.rd.yahoo.com - January 12 at 10:56 PM
finance.yahoo.com logoSeaspan Corporation (SSW) Rises: Stock Adds 7% in Session (NYSE:SSW)
finance.yahoo.com - January 12 at 10:56 PM
News IconStock Running Higher Mid-Session: Seaspan Corporation (NYSE:SSW) - Wall Street Beacon (NYSE:SSW)
wsbeacon.com - January 12 at 1:24 AM
News IconWill The Needle Move For Seaspan Corporation (NYSE:SSW) Shares This Earnings Season? - Wall Street Beacon (NYSE:SSW)
wsbeacon.com - January 12 at 1:24 AM
News IconSeaspan Corporation (NYSE:SSW) Closed the Last Trading Session with decrease of -1.45% - The Newburgh Press (NYSE:SSW)
newburghpress.com - January 12 at 1:24 AM
capitalcube.com logoSeaspan Corp. – Value Analysis (NYSE:SSW) : January 9, 2017 (NYSE:SSW)
www.capitalcube.com - January 9 at 11:43 PM
News IconSeaspan Corporation (NYSE:SSW) Price Target Predicted At $12.5 - Transcript Daily (NYSE:SSW)
transcriptdaily.com - January 9 at 1:02 AM
capitalcube.com logoSeaspan Corp. breached its 50 day moving average in a Bearish Manner : SSW-US : January 6, 2017 (NYSE:SSW)
www.capitalcube.com - January 7 at 5:08 AM
realistinvestor.com logoResearch Analysts Set Seaspan Corporation (NYSE:SSW) Price Target at $12.5 - RealistInvestor.com (NYSE:SSW)
www.realistinvestor.com - January 6 at 5:24 AM
finance.yahoo.com logoSeaspan Stock to Trend Higher Over Long Term (NYSE:SSW)
finance.yahoo.com - January 3 at 9:29 AM
stocksdaily.net logoYearly EPS Estimated Of Seaspan Corporation (NYSE:SSW) At $0.94 (NYSE:SSW)
www.stocksdaily.net - January 1 at 12:47 AM
News IconSeaspan Corporation (NYSE:SSW) Price Forecast For Stock At $12.5 - Transcript Daily (NYSE:SSW)
transcriptdaily.com - December 31 at 7:47 PM
stocksdaily.net logoYearly EPS Estimated Of Seaspan Corporation (NYSE:SSW) At $0.94 - Stocks Daily (NYSE:SSW)
www.stocksdaily.net - December 31 at 7:47 PM
realistinvestor.com logoSeaspan Corporation (NYSE:SSW) Quarterly EPS At $0.29 (NYSE:SSW)
www.realistinvestor.com - December 30 at 12:57 AM
realistinvestor.com logoSeaspan Corporation (NYSE:SSW) Quarterly EPS At $0.29 - RealistInvestor.com (NYSE:SSW)
www.realistinvestor.com - December 29 at 7:55 PM
seekingalpha.com logoBrokers See Seaspan As Top Challenger Dog For Gains In December (NYSE:SSW)
seekingalpha.com - December 25 at 7:16 PM
News IconSeaspan Corporation (NYSE:SSW):Given Price Target Of $12.5 - Transcript Daily (NYSE:SSW)
transcriptdaily.com - December 23 at 4:37 AM
realistinvestor.com logoSeaspan Corporation (NYSE:SSW) Mean Rating At $3.33 (NYSE:SSW)
www.realistinvestor.com - December 22 at 11:35 PM
News IconContainer shipping industry’s annus horribilis (NYSE:SSW)
www.hellenicshippingnews.com - December 21 at 10:50 AM

Social

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 Friday, November 11th. Stockholders of record on Friday, January 20th will be given a dividend of $0.375 per share on Monday, January 30th. This represents a $1.50 dividend on an annualized basis and a dividend yield of 19.28%. The ex-dividend date of this dividend is Wednesday, January 18th.

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

8 analysts have issued 12 month target prices for Seaspan's shares. Their predictions range from $4.50 to $25.00. On average, they anticipate Seaspan's share price to reach $12.08 in the next year.

When will Seaspan announce their earnings?

Seaspan is scheduled to release their next quarterly earnings announcement on Monday, March, 6th 2017.

Who owns Seaspan stock?

Seaspan's stock is owned by many different of retail and institutional investors. Top institutional investors include Fairview Capital Investment Management LLC (3.49%), Renaissance Technologies LLC (1.19%), Two Sigma Investments LP (0.55%), State Street Corp (0.43%), Guggenheim Capital LLC (0.30%) and Dimensional Fund Advisors LP (0.16%).

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 and Bard Associates Inc..

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 Two Sigma Investments LP, Dimensional Fund Advisors LP, Guggenheim Capital LLC, State Street Corp, Renaissance Technologies LLC, Capstone Investment Advisors LLC, L & S Advisors Inc and Horizon Kinetics LLC.

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 $7.78.

Seaspan (NYSE:SSW) Chart for Sunday, February, 26, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Seaspan (NYSE:SSW)

Earnings History Chart

Earnings by Quarter for Seaspan (NYSE:SSW)

Dividend History Chart

Dividend Payments by Quarter for Seaspan (NYSE:SSW)

Last Updated on 2/26/2017 by MarketBeat.com Staff