Seaspan Corp. Company Profile (NYSE:SSW)

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: $12.74
  • 50 Day Moving Average: $13.40
  • 200 Day Moving Average: $14.91
  • 52-Week Range: $12.56 - $20.00
  • Trailing P/E Ratio: 14.91
  • Foreward P/E Ratio: 11.32
  • P/E Growth: 1.37
  • Market Cap: $1.36B
  • Outstanding Shares: 105,297,000
  • Beta: 1.29
  • Net Margins: 16.10%
  • Return on Equity: 10.41%
  • Return on Assets: 2.99%
  • Debt-to-Equity Ratio: 1.75%
  • Current Ratio: 1.32%
  • Quick Ratio: 1.32%
Additional Links:
Companies Related to Seaspan Corp.:

Analyst Ratings

Consensus Ratings for Seaspan Corp. (NYSE:SSW) (?)
Ratings Breakdown: 2 Sell Ratings, 4 Hold Ratings, 1 Buy Rating
Consensus Rating:Hold (Score: 1.86)
Consensus Price Target: $15.80 (23.53% upside)

Analysts' Ratings History for Seaspan Corp. (NYSE:SSW)
DateFirmActionRatingPrice TargetDetails
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 GroupReiterated RatingBuy$25.00View Rating Details
12/18/2015JPMorgan Chase & Co.Initiated CoverageUnderweight$13.00View Rating Details
11/20/2015Wells Fargo & Co.DowngradeOutperform -> Market Perform$19.00 -> $15.00View Rating Details
11/4/2015BB&T Corp.Reiterated RatingHoldView Rating Details
2/20/2015Seaport Global SecuritiesInitiated CoverageNeutralView Rating Details
1/13/2015Citigroup Inc.Reiterated RatingHold$22.00 -> $18.00View Rating Details
(Data available from 10/25/2014 forward)


Earnings History for Seaspan Corp. (NYSE:SSW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016Q316$0.30$225.88 millionN/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)


Earnings Estimates for Seaspan Corp. (NYSE:SSW)
Current Year EPS Consensus Estimate: $1.22 EPS
Next Year EPS Consensus Estimate: $1.13 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 20162$0.28$0.30$0.29
(Data provided by Zacks Investment Research)


Current Dividend Information for Seaspan Corp. (NYSE:SSW)
Annual Dividend:$1.50
Dividend Yield:11.73%
Dividend Growth:16.20% (3 Year Average)
Payout Ratio:172.41% (Based on Trailing 12 Months of Earnings)
122.95% (Based on Current Year Consensus EPS Estimate)
132.74% (Based on Next Year Consensus EPS Estimate)
Track Record:4 Years of Consecutive Dividend Growth

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


Latest Headlines for Seaspan Corp. (NYSE:SSW)
News IconEarnings Buzz For Seaspan Corporation (NYSE:SSW) - Stock Observer (NYSE:SSW) - October 25 at 11:24 AM logoSeaspan Announces Conference Call and Webcast to Discuss Results for the Third Quarter Ended September 30, 2016 (NYSE:SSW) - October 24 at 7:08 PM logoYearly EPS Estimate Of Seaspan Corporation (NYSE:SSW) At $0.95 - Stocks Daily (NYSE:SSW) - October 22 at 6:54 PM logoYearly EPS Estimate Of Seaspan Corporation (NYSE:SSW) At $0.95 (NYSE:SSW) - October 22 at 11:31 AM
News IconBetter Buy: Seaspan Corporation vs. Navios Maritime Midstream ... - Bloomington Pantagraph (NYSE:SSW) - October 21 at 7:32 PM logoSeaspan Shares Down 27.2% Since SmarTrend's Sell Call (SSW) (NYSE:SSW) - October 19 at 7:06 PM logoAnalysts Set EPS Target OF EPS $0.24 For Seaspan Corporation (NYSE:SSW) - Investor Newswire (NYSE:SSW) - October 16 at 7:15 PM
News IconSeaspan Corporation (NYSE:SSW) Latest Broker Coverage ... - NewsDen (NYSE:SSW) - October 15 at 7:00 PM logoSeaspan Corporation (NYSE:SSW) :Posts EPS Of $ 0.3 - Investor Newswire (NYSE:SSW) - October 15 at 7:00 PM
News IconA look at the intrinsic value of Seaspan Corporation (SSW) - Simply Wall St (NYSE:SSW) - October 15 at 11:52 AM logoEx-Div Reminder for Seaspan (SSW) (NYSE:SSW) - October 14 at 10:46 AM logoPrison REIT Books Challenger Dogs For Gains In October (NYSE:SSW) - October 13 at 7:40 PM logoDowntrend Call Working As Seaspan Stock Falls 24.5% (SSW) (NYSE:SSW) - October 12 at 7:26 PM logoSeaspan Corporation - Customer Strength & Long-Term Contracted Revenues Offers Stability (NYSE:SSW) - October 12 at 7:26 PM
News IconWhat are Brokerage Firms Saying About Seaspan Corporation (NYSE:SSW)? - CSZ News (NYSE:SSW) - October 11 at 8:25 PM logoSeaspan declares $0.375 dividend - Seeking Alpha (NYSE:SSW) - October 11 at 8:25 PM logoSeaspan Corporation - Customer Strength And Long-Term ... - Seeking Alpha (NYSE:SSW) - October 11 at 8:25 PM logoSeaspan Corporation - Customer Strength And Long-Term Contracted Revenues Offers Stability - Seeking Alpha (NYSE:SSW) - October 11 at 12:45 PM logoSeaspan Declares Quarterly Dividends on Common and Preferred Shares (NYSE:SSW) - October 11 at 12:45 PM logoTransports Week In Review - Stable Employment Levels Not Enough To Lift Markets (NYSE:SSW) - October 10 at 11:25 AM
News IconAnalysts Implying Upside & Long Term Growth for Seaspan Corporation (NYSE:SSW) - CSZ News (NYSE:SSW) - October 7 at 11:45 AM logoETF’s with exposure to Seaspan Corp. : October 7, 2016 (NYSE:SSW) - October 7 at 11:45 AM logoSeaspan Corp. : SSW-US: Dividend Analysis : July 20th, 2016 (record date) : By the numbers : October 7, 2016 (NYSE:SSW) - October 7 at 11:45 AM
News IconIs there Upside to Seaspan Corporation (NYSE:SSW) Stock? - Recall News (NYSE:SSW) - October 5 at 7:20 PM logoSeaspan Corporation (NYSE:SSW) Sell Recommendations At 1 - Investor Newswire (NYSE:SSW) - October 5 at 7:20 PM
News IconCurrent Price Targets For Seaspan Corporation (NYSE:SSW) - NewsDen (NYSE:SSW) - October 4 at 11:25 AM logoTransports Week In Review - Consumer Confidence Is Strong, But Banks Still Move Markets (NYSE:SSW) - October 2 at 6:28 PM logoSeaspan Corporation (NYSE:SSW) EPS Forecast At $0.3? - Stocks Daily (NYSE:SSW) - October 1 at 6:31 PM logoSeaspan: New 52-Week Low Set Today (SSW) (NYSE:SSW) - September 30 at 11:43 AM logoSeaspan Corporation (NYSE:SSW): Price Target Stands At $16 - (NYSE:SSW) - September 29 at 7:24 PM logoCan Seaspan Corporation (NYSE:SSW) Outdo Yearly EPS Estimate Of $1.07? (NYSE:SSW) - September 28 at 7:12 PM logoSSW Named Top 10 SAFE International Dividend Stock - Nasdaq (NYSE:SSW) - September 28 at 11:47 AM logoCan Seaspan Corporation (NYSE:SSW) Outdo Yearly EPS Estimate Of $1.07? - Stocks Daily (NYSE:SSW) - September 28 at 11:47 AM logoDowntrend Call Working As Seaspan Stock Falls 23.6% (SSW) (NYSE:SSW) - September 27 at 7:26 PM logoSeaspan Corporation (NYSE:SSW): Stock Rating Update - Investor Newswire (NYSE:SSW) - September 24 at 6:41 PM logoSeaspan Corporation in 6 Charts - Motley Fool (NYSE:SSW) - September 24 at 6:41 PM logoTransports Week In Review - Downward GDP Revisions Continue To Place Pressure On Markets (NYSE:SSW) - September 24 at 11:22 AM
News IconFinancial impact of Hanjin collapse downplayed in B.C. (NYSE:SSW) - September 23 at 6:53 PM logoSeaspan Corporation in 6 Charts (NYSE:SSW) - September 23 at 2:54 PM
News IconWhat are Research Firms Saying About Seaspan Corporation (NYSE:SSW)? - Frisco Fastball (NYSE:SSW) - September 21 at 7:00 PM logoShares Of Seaspan Corporation (NYSE:SSW) Expected To Hit $25 - Investor Newswire (NYSE:SSW) - September 21 at 7:00 PM logoGuest Voices: Shipping Banks Face Sinking Prospects as They Postpone Reckoning (NYSE:SSW) - September 20 at 10:58 AM logoShares of SSW Down 22.7% Since Downtrend Call on Shares (NYSE:SSW) - September 20 at 10:58 AM
News IconHanjin Aims to Sell More Than Half Its Ships (NYSE:SSW) - September 16 at 7:11 PM logoExpected For Seaspan Corporation (NYSE:SSW) Sales Of $944.496 - Investor Newswire (NYSE:SSW) - September 16 at 11:01 AM logoResearch Analysts Set Seaspan Corporation (NYSE:SSW)'s Price Target At $16 - (NYSE:SSW) - September 16 at 11:01 AM
News IconSecond ship from bankrupt Hanjin allowed into California ports (NYSE:SSW) - September 14 at 11:51 AM logoThree Hanjin Shipping Charter Vessels Are Sold (NYSE:SSW) - September 14 at 11:51 AM logoSeaspan CEO: Hanjin Fallout Is Like Lehman for Shipping (NYSE:SSW) - September 13 at 11:57 AM logoHanjin ship unloads in U.S. as fresh funds pledged (NYSE:SSW) - September 12 at 6:59 PM


Seaspan Corp. (NYSE:SSW) Chart for Tuesday, October, 25, 2016

Last Updated on 10/25/2016 by Staff