Seaspan Corporation (NYSE: SSW) is one of 25 public companies in the “Deep Sea Freight” industry, but how does it contrast to its competitors? We will compare Seaspan Corporation to related businesses based on the strength of its institutional ownership, earnings, dividends, risk, profitability, valuation and analyst recommendations.

Risk and Volatility

Seaspan Corporation has a beta of 0.65, suggesting that its stock price is 35% less volatile than the S&P 500. Comparatively, Seaspan Corporation’s competitors have a beta of 2.04, suggesting that their average stock price is 104% more volatile than the S&P 500.

Profitability

This table compares Seaspan Corporation and its competitors’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Seaspan Corporation -13.54% 7.51% 2.36%
Seaspan Corporation Competitors -97.12% -16.37% -5.76%

Insider & Institutional Ownership

15.3% of Seaspan Corporation shares are held by institutional investors. Comparatively, 66.3% of shares of all “Deep Sea Freight” companies are held by institutional investors. 2.9% of shares of all “Deep Sea Freight” companies are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Earnings and Valuation

This table compares Seaspan Corporation and its competitors top-line revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Seaspan Corporation $844.00 million $501.00 million -4.33
Seaspan Corporation Competitors $229.07 million $92.49 million -2.73

Seaspan Corporation has higher revenue and earnings than its competitors. Seaspan Corporation is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.

Dividends

Seaspan Corporation pays an annual dividend of $0.50 per share and has a dividend yield of 6.9%. Seaspan Corporation pays out -29.9% of its earnings in the form of a dividend. As a group, “Deep Sea Freight” companies pay a dividend yield of 6.9% and pay out 0.0% of their earnings in the form of a dividend. Seaspan Corporation has increased its dividend for 5 consecutive years. Seaspan Corporation is clearly a better dividend stock than its competitors, given its higher yield and lower payout ratio.

Analyst Ratings

This is a summary of current ratings for Seaspan Corporation and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Seaspan Corporation 3 5 0 0 1.63
Seaspan Corporation Competitors 141 457 585 5 2.38

Seaspan Corporation currently has a consensus price target of $6.79, indicating a potential downside of 6.15%. As a group, “Deep Sea Freight” companies have a potential upside of 36.43%. Given Seaspan Corporation’s competitors stronger consensus rating and higher probable upside, analysts plainly believe Seaspan Corporation has less favorable growth aspects than its competitors.

About Seaspan Corporation

Seaspan Corporation is an independent charter owner and manager of containerships. The Company charters pursuant to long-term, fixed-rate time charters with various container liner companies. As of February 20, 2017, it had operated a fleet of 88 containerships and had entered into contracts for the purchase of an additional eight new building containerships. Its operating vessels include YM Wish, YM Wellhead, YM Witness, COSCO Glory, COSCO Development, COSCO Harmony, COSCO Excellence, COSCO Hope, COSCO Fortune, Seaspan Yangtze, CSCL Zeebrugge, CSCL Long Beach, CSCL Oceania, COSCO Vietnam, MOL Emissary, Seaspan Chiwan, Seaspan Ningbo, Seaspan Felixstowe, CSCL Brisbane, Seaspan Santos, Seaspan Loncomilla, Seaspan Lingue, CSCL Montevideo, CSCL Callao, Guayaquil Bridge and Calicanto Bridge. The Company is engaged in the operation and management of vessel, including maintaining the vessel, periodic dry-docking, cleaning and painting and performing work required by regulations.

Receive News & Ratings for Seaspan Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Seaspan Corporation and related companies with MarketBeat.com's FREE daily email newsletter.