NYSE:SSWSEASPAN CORP/SH SH Stock Price, Forecast & News

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Today's Range N/A

50-Day Range

$9.91

MA: $10.72▼

$12.54

52-Week Range N/A

VolumeN/A

Average Volume756,576 shs

Market Capitalization$2.14 billion

P/E Ratio5.80

Dividend Yield5.05%

Beta0.88

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.

Beat the Market (BTM) Rank^™

2.8 Analyst's Opinion

Consensus Rating
SEASPAN CORP/SH SH has received a consensus rating of Hold. The company's average rating score is 1.67, and is based on no buy ratings, 2 hold ratings, and 1 sell rating.
Price Target Upside/Downside
According to analysts' consensus price target of $11.00, SEASPAN CORP/SH SH has a potential upside of ∞ from its current price of $0.00.
Amount of Analyst Coverage
SEASPAN CORP/SH SH has received no research coverage in the past 90 days.

2.0 Community Rank

Outperform Votes
SEASPAN CORP/SH SH has received 288 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
SEASPAN CORP/SH SH has received 438 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
SEASPAN CORP/SH SH has received 60.33% “underperform” votes from our community.

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.

4.2 Dividend Strength

Dividend Leadership
SEASPAN CORP/SH SH is a leading dividend payer. It pays a dividend yield of 5.05%, putting its dividend yield in the top 25% of dividend-paying stocks.
Dividend Growth
SEASPAN CORP/SH SH has been increasing its dividend for 7 years.
Dividend Coverage
The dividend payout ratio of SEASPAN CORP/SH SH is 64.10 %. This payout ratio is at a healthy, sustainable level, below 75%.
Dividend Sustainability
Based on earnings estimates, SEASPAN CORP/SH SH will have a dividend payout ratio of 49.02 % next year. This indicates that SEASPAN CORP/SH SH will be able to sustain or increase its dividend.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, SEASPAN CORP/SH SH insiders have not sold or bought any company stock.
Percentage Held by Institutions
48.14% of the stock of SEASPAN CORP/SH SH is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5 Earnings and Valuation

Earnings Growth
Earnings for SEASPAN CORP/SH SH are expected to grow by 14.61% in the coming year, from $0.89 to $1.02 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of SEASPAN CORP/SH SH is 5.80, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 14.90.
Price to Earnings Ratio vs. Sector
The P/E ratio of SEASPAN CORP/SH SH is 5.80, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.69.
Price to Earnings Growth Ratio
SEASPAN CORP/SH SH has a PEG Ratio of 0.95. PEG Ratios around 1 indicate that a company is correctly valued.

Overall Beat the Market Rank^™

2.50 out of 5 stars

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

CIK1332639

Webwww.seaspancorp.com

Phone852-2540-1686

Debt

Debt-to-Equity Ratio1.16

Current Ratio0.43

Quick Ratio0.43

Price-To-Earnings

Trailing P/E Ratio5.80

Forward P/E RatioN/A

P/E Growth0.95

Sales & Book Value

Annual Sales$1.13 billion

Price / Sales0.00

Cash FlowN/A

Price / Cash Flow3.25

Book Value$13.93 per share

Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)$0.78

Net Income$439.10 million

Net Margins38.79%

Return on Equity7.61%

Return on Assets2.86%

Miscellaneous

Employees4,600

Outstanding Shares215,760,000

Market Cap$2.14 billion

Next Earnings DateN/A

OptionableOptionable

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SEASPAN CORP/SH SH (NYSE:SSW) Frequently Asked Questions

Do Wall Street analysts recommend investors buy shares of SEASPAN CORP/SH SH?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for SEASPAN CORP/SH SH in the last year. There are currently 1 sell rating and 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View analyst ratings for SEASPAN CORP/SH SH.

How were SEASPAN CORP/SH SH's earnings last quarter?

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

How often does SEASPAN CORP/SH SH pay dividends? What is the dividend yield for SEASPAN CORP/SH SH?

SEASPAN CORP/SH SH announced a quarterly dividend on Thursday, January 2nd. Stockholders of record on Monday, January 20th will be given a dividend of $0.125 per share on Thursday, January 30th. This represents a $0.50 annualized dividend and a dividend yield of ∞. The ex-dividend date of this dividend is Thursday, January 16th. View SEASPAN CORP/SH SH's dividend history.

What price target have analysts set for SSW?

3 brokers have issued 1 year target prices for SEASPAN CORP/SH SH's stock. Their forecasts range from $10.50 to $12.00. On average, they anticipate SEASPAN CORP/SH SH's share price to reach $11.00 in the next twelve months. View analysts' price targets for SEASPAN CORP/SH SH.

Has SEASPAN CORP/SH SH been receiving favorable news coverage?

Media coverage about SSW stock has trended very positive on Thursday, InfoTrie Sentiment Analysis reports. The research group scores the sentiment of media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of public 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 sentiment score of 3.1 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 10.0 out of 10, indicating that recent media coverage is extremely likely to have an impact on the stock's share price in the immediate future. View the latest news aboutSEASPAN CORP/SH SH.

Who are some of SEASPAN CORP/SH SH's key competitors?

Some companies that are related to SEASPAN CORP/SH SH include Euronav (EURN), Frontline (FRO), Ship Finance International (SFL), Scorpio Tankers (STNG), DHT (DHT), COSTAMARE INC/SH (CMRE), Torm (TRMD), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Star Bulk Carriers (SBLK), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK) and TSAKOS ENERGY N/SH (TNP). View all competitors.

What other stocks do shareholders of SEASPAN CORP/SH SH own?

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 INC/SH (CMRE), New Residential Investment (NRZ), Bank of America (BAC), Coca-Cola (KO), Intelsat (I) and Apollo Global Management (APO).

Who are SEASPAN CORP/SH SH's key executives?

SEASPAN CORP/SH SH's management team includes the following people:

Mr. Bing Ruan Chen CPA, Pres, CEO & Director (Age 52)
Mr. Peter Curtis, Exec. VP and Chief Commercial & Technical Officer (Age 60)
Mr. Ryan Courson, Chief Financial Officer
Mr. Michael Sieffert, Director of Corp. Fin.
Mr. Anthony Gerstein, Sr. Director of Investor Relations

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 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, Robinhood, Fidelity, and Charles Schwab.

How big of a company is SEASPAN CORP/SH SH?

SEASPAN CORP/SH SH has a market capitalization of $0.00 and generates $1.13 billion in revenue each year. The shipping company earns $439.10 million in net income (profit) each year or $0.78 on an earnings per share basis. SEASPAN CORP/SH SH employs 4,600 workers across the globe.

What is SEASPAN CORP/SH SH's official website?

The official website for SEASPAN CORP/SH SH is www.seaspancorp.com.

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]

This page was last updated on 5/28/2020 by MarketBeat.com Staff