Seaspan Corporation operates as an independent charter owner and manager of containerships in Hong Kong. The company charters its containerships under long-term, fixed-rate time charters to various container liner companies. As of February 15, 2018, it operated a fleet of 91 containerships. The company was founded in 2005 and is based in Hong Kong, Hong Kong.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:SSW
Previous Symbol
CUSIPN/A
Phone852-2540-1686
Debt
Debt-to-Equity Ratio1.42
Current Ratio0.51
Quick Ratio0.51
Price-To-Earnings
Trailing P/E Ratio13.67
Forward P/E Ratio9.40
P/E Growth0.63
Sales & Book Value
Annual Sales$831.32 million
Price / Sales1.34
Cash Flow$2.2382 per share
Price / Cash4.03
Book Value$15.75 per share
Price / Book0.57
Profitability
EPS (Most Recent Fiscal Year)$0.66
Net Income$175.23 million
Net Margins27.00%
Return on Equity7.89%
Return on Assets2.37%
Miscellaneous
Employees4,100
Outstanding Shares123,770,000
Market Cap$1.16 billion
OptionableOptionable
SEASPAN Corp/SH SH (NYSE:SSW) Frequently Asked Questions
What is SEASPAN Corp/SH SH's stock symbol?
SEASPAN Corp/SH SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "SSW."
How often does SEASPAN Corp/SH SH pay dividends? What is the dividend yield for SEASPAN Corp/SH SH?
SEASPAN Corp/SH SH declared a quarterly dividend on Tuesday, October 9th. Shareholders of record on Monday, October 22nd will be given a dividend of $0.125 per share on Tuesday, October 30th. This represents a $0.50 annualized dividend and a yield of 5.54%. The ex-dividend date of this dividend is Friday, October 19th. View SEASPAN Corp/SH SH's Dividend History.
How were SEASPAN Corp/SH SH's earnings last quarter?
SEASPAN Corp/SH SH (NYSE:SSW) posted its earnings results on Tuesday, October, 30th. The shipping company reported $0.36 EPS for the quarter, topping the consensus estimate of $0.25 by $0.11. The shipping company had revenue of $294.98 million for the quarter, compared to the consensus estimate of $292.96 million. SEASPAN Corp/SH SH had a return on equity of 7.89% and a net margin of 27.00%. The firm's revenue for the quarter was up 39.8% on a year-over-year basis. During the same quarter last year, the business posted $0.29 earnings per share. View SEASPAN Corp/SH SH's Earnings History.
When is SEASPAN Corp/SH SH's next earnings date?
What price target have analysts set for SSW?
8 Wall Street analysts have issued twelve-month price targets for SEASPAN Corp/SH SH's shares. Their predictions range from $5.50 to $20.00. On average, they expect SEASPAN Corp/SH SH's share price to reach $9.60 in the next year. This suggests a possible upside of 6.4% from the stock's current price. View Analyst Price Targets for SEASPAN Corp/SH SH.
What is the consensus analysts' recommendation for SEASPAN Corp/SH SH?
8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SEASPAN Corp/SH SH in the last year. There are currently 2 sell ratings, 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for SEASPAN Corp/SH SH.
Has SEASPAN Corp/SH SH been receiving favorable news coverage?
Media coverage about SSW stock has trended very positive recently, according to InfoTrie. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. SEASPAN Corp/SH SH earned a news impact score of 3.4 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 3.0 out of 10, indicating that recent news coverage is unlikely to have an impact on the company's share price in the near term.
Who are some of SEASPAN Corp/SH SH's key competitors?
Some companies that are related to SEASPAN Corp/SH SH include Ship Finance International (SFL), Euronav (EURN), Frontline (FRO), Pac BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), Navigator (NVGS), DHT (DHT), Star Bulk Carriers (SBLK), COSTAMARE Inc/SH (CMRE), DryShips (DRYS), Teekay (TK), Scorpio Bulkers (SALT), Dorian LPG (LPG) and Genco Shipping & Trading (GNK).
Who are SEASPAN Corp/SH SH's key executives?
SEASPAN Corp/SH SH's management team includes the folowing people:
- Mr. Bing Chen CPA, Pres, CEO & Director (Age 51)
- Mr. Peter Curtis, Exec. VP and Chief Commercial & Technical Officer (Age 59)
- Mr. Ryan Courson, Chief Financial Officer
- Mr. Michael Sieffert, Director of Corp. Fin.
- Mr. Anthony Gerstein, Sr. Director of Investor Relations
Who are SEASPAN Corp/SH SH's major shareholders?
SEASPAN Corp/SH SH's stock is owned by a number of of retail and institutional investors. Top institutional investors include BlackRock Inc. (1.91%), Dimensional Fund Advisors LP (1.41%), Morgan Stanley (1.20%), Wells Fargo & Company MN (0.79%), TIAA CREF Investment Management LLC (0.51%) and DDD Partners LLC (0.43%). Company insiders that own SEASPAN Corp/SH SH stock include Gerry Yougui Wang and Nicholas Pitts-Tucker. View Institutional Ownership Trends for SEASPAN Corp/SH SH.
Which institutional investors are selling SEASPAN Corp/SH SH stock?
SSW stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Virtu Financial LLC, Valeo Financial Advisors LLC, Arrow Investment Advisors LLC, Mackenzie Financial Corp, Dimensional Fund Advisors LP and Fairview Capital Investment Management LLC. View Insider Buying and Selling for SEASPAN Corp/SH SH.
Which institutional investors are buying SEASPAN Corp/SH SH stock?
SSW stock was acquired by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Renaissance Technologies LLC, Morgan Stanley, Pecaut & CO., Winslow Capital Management LLC, Waratah Capital Advisors Ltd., BlackRock Inc. and Legal & General Group Plc. Company insiders that have bought SEASPAN Corp/SH SH stock in the last two years include Gerry Yougui Wang and Nicholas Pitts-Tucker. View Insider Buying and Selling for SEASPAN Corp/SH SH.
How do I buy shares of SEASPAN Corp/SH SH?
Shares of SSW can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is SEASPAN Corp/SH SH's stock price today?
One share of SSW stock can currently be purchased for approximately $9.02.
How big of a company is SEASPAN Corp/SH SH?
SEASPAN Corp/SH SH has a market capitalization of $1.16 billion and generates $831.32 million in revenue each year. The shipping company earns $175.23 million in net income (profit) each year or $0.66 on an earnings per share basis. SEASPAN Corp/SH SH employs 4,100 workers across the globe.
What is SEASPAN Corp/SH SH's official website?
How can I contact SEASPAN Corp/SH SH?
SEASPAN Corp/SH SH's mailing address is UNIT 2 2ND FLOOR BUPA CENTRE 141 CONNAUGHT ROAD WEST, HONG KONG K3, . The shipping company can be reached via phone at 852-2540-1686 or via email at [email protected]
MarketBeat Community Rating for SEASPAN Corp/SH SH (NYSE SSW)
MarketBeat's community ratings are surveys of what our community members think about SEASPAN Corp/SH SH and other stocks. Vote "Outperform" if you believe SSW will outperform the S&P 500 over the long term. Vote "Underperform" if you believe SSW will underperform the S&P 500 over the long term. You may vote once every thirty days.
