|Bid||9.96 x 800|
|Ask||10.05 x 800|
|Day's Range||9.68 - 10.03|
|52 Week Range||7.05 - 10.70|
|Beta (3Y Monthly)||0.73|
|PE Ratio (TTM)||4.93|
|Forward Dividend & Yield||0.50 (5.17%)|
|1y Target Est||N/A|
Bing Chen, the president and chief executive officer of Seaspan Corp., (NYSE: SSW) says he does not expect his company, the largest independent owner and charterer of containerships, to be impacted if additional tariffs are placed on $300 billion of Chinese goods on Sept. 1 as President Trump has threatened. High demand for containerships has shielded his company from the U.S.-China trade war, he said.
Seaspan (SSW) delivered earnings and revenue surprises of 21.43% and -0.83%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?
Today we are going to look at Seaspan Corporation (NYSE:SSW) to see whether it might be an attractive investment...
Textainer's (TGH) second-quarter 2019 results are likely to benefit from high utilization, a stable container resale environment and favorable new container prices.
Seaspan (SSW) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Seaspan Corp NYSE:SSWView full report here! Summary * ETFs holding this stock are seeing positive inflows * Bearish sentiment is low Bearish sentimentShort interest | PositiveShort interest is low for SSW with fewer than 5% of shares on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | PositiveETF activity is positive. Over the last month, ETFs holding SSW are favorable, with net inflows of $1.28 billion. Additionally, the rate of inflows is increasing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Industrials sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swapCDS data is not available for this security.Please send all inquiries related to the report to email@example.com.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Seaspan Corporation (NYSE:SSW) is a small-cap stock with a market capitalization of US$2.0b. While investors primarily...
Read the headlines on trade wars and tariffs and the clash of wills between the U.S. and China, and you'd think the ocean container-shipping sector is highly volatile – tossed in the center of a storm. According to Bing Chen, chief executive officer of container-ship lessor Seaspan Corp. (NYSE: SSW), "Overall, container growth is about 4 percent per year. Adam Kent, managing director at forecasting and advisory company Maritime Strategies International (MSI), explained how the evolution of world trade and of the now-consolidated liner market has instilled a landscape of more relative stability versus the past.
Ship finance matters to ocean freight because vessel capacity ebbs and flows based on how much money sloshes around the system. Ship finance also matters because financial arrangements, particularly debt agreements, can hamstring vessel owners, sometimes to the detriment of the shippers of freight. Seaspan Corporation (NYSE: SSW), the largest U.S.-listed lessor of container ships, has spent more than a year toiling behind the scenes on a new model for ship finance, one that keeps the borrower's hands untied.
Seaspan Corporation (NYSE: SSW), the largest U.S.-listed lessor of container ships, reported strong quarterly profits driven by a one-off charter renegotiation, and voiced optimistic commentary on broader market trends. Seaspan reported net income of $285.3 million for the first quarter of 2019 compared to $67.7 million in the same period last year. The most recent quarter included a $227 million payment from one of Seaspan's top-five charterers.