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: $14.57
  • 50 Day Moving Average: $14.91
  • 200 Day Moving Average: $16.05
  • 52-Week Range: $13.53 - $20.00
  • Trailing P/E Ratio: 16.77
  • Foreward P/E Ratio: 12.72
  • P/E Growth: 1.26
  • Market Cap: $1.53B
  • Outstanding Shares: 105,297,000
  • Beta: 1.29
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 (8.97% upside)

Analysts' Ratings History for Seaspan Corp. (NYSE:SSW)
Show:
DateFirmActionRatingPrice TargetDetails
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
10/21/2015Clarkson CapitalDowngradeBuy -> NeutralView Rating Details
2/20/2015Seaport Global SecuritiesInitiated CoverageNeutralView Rating Details
1/13/2015Citigroup Inc.Reiterated RatingHold$22.00 -> $18.00View Rating Details
10/22/2014Credit Suisse Group AGUpgradeUnderperform -> Neutral$20.00 -> $21.00View Rating Details
(Data available from 8/31/2014 forward)

Earnings

Earnings History for Seaspan Corp. (NYSE:SSW)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
10/31/2016        
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 Corp. (NYSE:SSW)
Current Year EPS Consensus Estimate: $1.22 EPS
Next Year EPS Consensus Estimate: $1.14 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)

Dividends

Current Dividend Information for Seaspan Corp. (NYSE:SSW)
Annual Dividend:$1.50
Dividend Yield:10.34%
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)
131.58% (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
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 Corp. (NYSE:SSW)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Seaspan Corp. (NYSE:SSW)
DateHeadline
News IconWill Seaspan Corporation Raise Its Dividend in 2017? - Madison.com (NYSE:SSW)
host.madison.com - August 31 at 12:27 PM
seekingalpha.com logoSeaspan Dividend Looks Solid, Neutral On Stock Price Due To Market Headwinds (NYSE:SSW)
seekingalpha.com - August 30 at 7:24 PM
fool.com logoWill Seaspan Corporation Raise Its Dividend in 2017? (NYSE:SSW)
www.fool.com - August 30 at 2:19 PM
4-traders.com logoSeaspan : Closes $80 Million Public Offering of 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares (NYSE:SSW)
www.4-traders.com - August 27 at 11:39 AM
capitalcube.com logoETF’s with exposure to Seaspan Corp. : August 26, 2016 (NYSE:SSW)
www.capitalcube.com - August 26 at 7:13 PM
forbes.com logoInvestors Snatch SSW Even Lower Than Its Secondary Stock Offering (NYSE:SSW)
www.forbes.com - August 25 at 11:53 AM
publicnow.com logoSeaspan Closes $80 Million Public Offering of 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares (NYSE:SSW)
www.publicnow.com - August 25 at 11:53 AM
investornewswire.com logoSeaspan Corporation (NYSE:SSW) Reports Sales Of $224.314, Surprising Estimates By 2.756% - Investor Newswire (NYSE:SSW)
www.investornewswire.com - August 24 at 7:17 PM
News IconWhat Does the Consensus Have to Say About Seaspan Corporation (NYSE:SSW) Shares? - Post News (NYSE:SSW)
www.kentuckypostnews.com - August 24 at 10:42 AM
News IconWill Seaspan Corporation (NYSE:SSW) Meet Analyst Targets? (NYSE:SSW)
magseriesusa.net - August 23 at 12:07 PM
fidaily.com logoWith Shares Trading down at $14.97 Seaspan Announces Public Offering of… (NYSE:SSW)
www.fidaily.com - August 18 at 10:41 AM
seekingalpha.com logoSeaspan announces pricing of preferred share follow-on offering (NYSE:SSW)
seekingalpha.com - August 18 at 10:41 AM
publicnow.com logoSeaspan Announces Pricing of $80 Million Follow-On Offering of 8.20% Series G Cumulative Redeemable Perpetual Preferred Shares (NYSE:SSW)
www.publicnow.com - August 18 at 10:41 AM
investornewswire.com logoAnalysts See Sales Of $944.496 For Seaspan Corporation (NYSE:SSW) - Investor Newswire (NYSE:SSW)
www.investornewswire.com - August 17 at 7:57 PM
investornewswire.com logoWill Seaspan Corporation (NYSE:SSW) Hit $25 Price Target? - Investor Newswire (NYSE:SSW)
www.investornewswire.com - August 17 at 7:57 PM
publicnow.com logoSeaspan Announces Public Offering of Series G Cumulative Redeemable Perpetual Preferred Shares Led by ICBC International (NYSE:SSW)
www.publicnow.com - August 17 at 7:57 PM
finance.yahoo.com logoContainer & Liner Shipping and Container Leasing Panel Discussions With Major Listed Company Executives at Capital Link's New York Maritime Forum on Tuesday, September 13, 2016 - New York City (NYSE:SSW)
finance.yahoo.com - August 17 at 10:36 AM
fool.com logo3 Things Seaspan Corporation's CEO Wants You to Know -- The ... - Motley Fool (NYSE:SSW)
www.fool.com - August 15 at 7:56 PM
seekingalpha.com logoTransports Week In Review - It's A Stock-Picker's Market (NYSE:SSW)
seekingalpha.com - August 13 at 7:08 PM
seekingalpha.com logoThe Top 10 Reasons To Speculate On This 13.3% Yielder (NYSE:SSW)
seekingalpha.com - August 11 at 10:53 AM
finance.yahoo.com logoSeaspan Announces Closing of $225 Million Public Offering of 7.875% Series H Cumulative Redeemable Perpetual Preferred Shares (NYSE:SSW)
finance.yahoo.com - August 11 at 10:53 AM
finance.yahoo.com logoSEASPAN CORP Financials (NYSE:SSW)
finance.yahoo.com - August 10 at 8:05 PM
News IconSeaspan Announces Public Providing of Collection H Cumulative Redeemable Perpetual Preferred Shares. South Carolina SC (NYSE:SSW)
www.southcarolinasc.com - August 4 at 8:03 PM
fidaily.com logoShares now up at $15.15 Seaspan Announces Public Offering of… (NYSE:SSW)
www.fidaily.com - August 4 at 8:03 PM
publicnow.com logoSeaspan Announces Pricing of $225 Million Public Offering of 7.875% Series H Cumulative Redeemable Perpetual Preferred Shares (NYSE:SSW)
www.publicnow.com - August 4 at 8:03 PM
capitalcube.com logoETF’s with exposure to Seaspan Corp. : August 4, 2016 (NYSE:SSW)
www.capitalcube.com - August 4 at 8:03 PM
publicnow.com logoSeaspan Announces Public Offering of Series H Cumulative Redeemable Perpetual Preferred Shares (NYSE:SSW)
www.publicnow.com - August 4 at 10:48 AM
investornewswire.com logoSeaspan Corporation (NYSE:SSW) Yearly Sales Target At $944.496 - Investor Newswire (NYSE:SSW)
www.investornewswire.com - August 3 at 7:58 PM
capitalcube.com logoSeaspan Corp. :SSW-US: Earnings Analysis: Q2, 2016 By the Numbers : August 3, 2016 (NYSE:SSW)
www.capitalcube.com - August 3 at 7:58 PM
nasdaq.com logoSeaspan's Series E Preferred Shares Cross 8% Yield Mark (NYSE:SSW)
www.nasdaq.com - August 1 at 7:23 PM
tradecalls.org logoRevenue Update on Seaspan Corporation(NYSE:SSW) – Trade Calls - Trade Calls (NYSE:SSW)
www.tradecalls.org - August 1 at 11:46 AM
News IconServices Shares Technical Commentary — CSX Corp., Union Pacific, Greenbrier, & Seaspan (NYSE:SSW)
www.southcarolinasc.com - July 29 at 10:41 AM
4-traders.com logoSeaspan : tops Street 2Q forecasts (NYSE:SSW)
www.4-traders.com - July 27 at 10:42 AM
seekingalpha.com logoSeaspan Corp. - 1 Stock, 3 Opportunities, 3 Winning Trades (NYSE:SSW)
seekingalpha.com - July 26 at 8:00 PM
finance.yahoo.com logoEdited Transcript of SSW earnings conference call or presentation 26-Jul-16 1:30pm GMT (NYSE:SSW)
finance.yahoo.com - July 26 at 3:18 PM
fool.com logoSeaspan Corporation's Rising Fleet Drives Earnings (NYSE:SSW)
www.fool.com - July 26 at 10:00 AM
publicnow.com logoSeaspan Reports Financial Results for the Three and Six Months Ended June 30, 2016 (NYSE:SSW)
www.publicnow.com - July 25 at 8:08 PM
rttnews.com logoSeaspan Corporation Q2 Profit Advances 25% (NYSE:SSW)
www.rttnews.com - July 25 at 7:47 PM
fidaily.com logoShares now down at $14.66 (SSW) Seaspan Reports Financial Results for… (NYSE:SSW)
www.fidaily.com - July 25 at 7:47 PM
sg.finance.yahoo.com logoSeaspan tops Street 2Q forecasts (NYSE:SSW)
sg.finance.yahoo.com - July 25 at 7:21 PM
biz.yahoo.com logoQ2 2016 Seaspan Corp Earnings Release - After Market Close (NYSE:SSW)
biz.yahoo.com - July 25 at 7:07 AM
News IconFirms and Funds Increasing Their Stake in Seaspan Corporation (NYSE:SSW) - Engelwood Daily (NYSE:SSW)
www.engelwooddaily.com - July 22 at 7:24 PM
News IconHow Analysts Rated Seaspan Corporation (NYSE:SSW) Last Week? - Consumer Eagle (NYSE:SSW)
www.consumereagle.com - July 22 at 10:29 AM
finance.yahoo.com logoTransport Stocks Jul 25 Earnings Roster: CNI, SSW, WAB (NYSE:SSW)
finance.yahoo.com - July 22 at 8:48 AM
News IconSeaspan Corporation (NYSE:SSW): Sell-Side Ratings and Company Earnings Glance - Engelwood Daily (NYSE:SSW)
www.engelwooddaily.com - July 21 at 7:54 PM
News IconBetter Buy: Seaspan Corporation vs. Textainer Group Holdings Limited - Madison.com (NYSE:SSW)
host.madison.com - July 20 at 8:34 PM
investornewswire.com logoIs $25 Price Target Attainable For Seaspan Corporation (NYSE:SSW)? - Investor Newswire (NYSE:SSW)
www.investornewswire.com - July 20 at 8:34 PM
fidaily.com logoStock is down at $14.74 (SSW) Seaspan Announces Conference Call and… (NYSE:SSW)
www.fidaily.com - July 19 at 7:47 PM
News IconStock Focus: Following Analyst Expectations on Shares of Seaspan Corporation (NYSE:SSW) - TGP (NYSE:SSW)
telanaganapress.com - July 19 at 8:34 AM
News IconEquity Roundup: Stock Performance Focus on Seaspan Corporation (NYSE:SSW) - Press Telegraph (NYSE:SSW)
presstelegraph.com - July 19 at 8:34 AM

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Seaspan Corp. (NYSE:SSW) Chart for Wednesday, August, 31, 2016


Last Updated on 8/31/2016 by MarketBeat.com Staff