SEASPAN CORP/SH SH (SSW) Stock Price, News & Analysis

SEASPAN CORP/SH SH (NYSE:SSW) posted its quarterly earnings results on Wednesday, February, 19th. The shipping company reported $0.23 EPS for the quarter, beating the consensus estimate of $0.21 by $0.02. The shipping company earned $288 million during the quarter, compared to analyst estimates of $284.10 million. SEASPAN CORP/SH SH had a net margin of 38.79% and a trailing twelve-month return on equity of 7.61%. The company's quarterly revenue was down 2.3% on a year-over-year basis. During the same period in the previous year, the business posted $0.25 EPS.

SEASPAN CORP/SH SH (NYSE:SSW) pays an annual dividend of $0.50 per share and currently has a dividend yield of 5.05%. SSW has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 64.10%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, SSW will have a dividend payout ratio of 49.02% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for SSW.

Based on aggregate information from My MarketBeat watchlists, some companies that other SEASPAN CORP/SH SH investors own include Intersect ENT (XENT), Textainer Group (TGH), iShares MSCI Brazil ETF (EWZ), Western Asset Mortgage Capital (WMC), Costamare (CMRE), New Residential Investment (NRZ), Bank of America (BAC), Intelsat (I), Coca-Cola (KO) and Apollo Global Management (APO).