Seaspan (SSW) Raised to Buy at Bank of America

It now has negative earnings. The recent change has given its price a 20.49% lead over SMA 50 and -2.4% deficit over its 52-week high. During the same period past year, the firm earned $0.21 EPS. The firm is expected to report its next earnings results on Wednesday, April 25th. Seaspan had 7 analyst reports since December 18, 2017 according to SRatingsIntel. Similar statistics are true for the second largest owner, Dimensional Fund Advisors Lp, which owns 1,633,313 shares of the stock are valued at $13.49 million. Zacks Investment Research's earnings per share calculations are a mean average based on a survey of analysts that cover Seaspan. Seaspan Corporation (NYSE:SSW) has risen 4.08% since May 2, 2017 and is uptrending. The company had revenue of $214.38 million during the quarter, compared to analysts' expectations of $217.56 million.

It was reported in analysts report that BofA Merrill increased SSW's stock from "Underperform" to "Buy". Bank of America upgraded Seaspan Corporation (NYSE:SSW) on Thursday, May 3 to "Buy" rating.

Total analysts of 5 have positions in Seaspan (NYSE:SSW) as follows: 3 rated it a "Buy", 2 with "Sell" and 0 with "Hold". Finally, Stifel Nicolaus reiterated a hold rating on shares of Seaspan in a research report on Thursday, March 15th. Morgan Stanley maintained Seaspan Corporation (NYSE:SSW) rating on Monday, February 12. The company now has an average rating of Hold and an average price target of $9.40.

The stock decreased 1.45% or $0.12 during the last trading session, reaching $8.14. The firm has a market cap of $950.57, a P/E ratio of 11.64, a PEG ratio of 0.33 and a beta of 0.52. The company has a debt-to-equity ratio of 1.43, a current ratio of 0.86 and a quick ratio of 0.86. Seaport Global upgraded Seaspan Corporation (NYSE:SSW) on Wednesday, January 24 to "Buy" rating. Stockholders of record on Friday, April 20th will be issued a $0.125 dividend.

76ers' unbending faith in Ben Simmons may have buried them
Philadelphia has to regroup in a hurry and Brett Brown has to get his team to put their Game 2 meltdown in the rear view mirror. Though, he's not out here to give a ton of credit to the Celtics' No. 1-ranked defense for his disastrous Game 2 performance.

More news for TELUS Corporation (TSE:T) were recently published by: Finance.Yahoo.com, which released: "Why TELUS Corporation (TSE:T) Is A Dividend Rockstar" on April 21, 2018. This represents a $0.50 dividend on an annualized basis and a yield of 6.11%. Seaspan's dividend payout ratio (DPR) is presently 75.76%.

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Wells Fargo & Company MN raised its holdings in shares of Seaspan by 679.2% in the first quarter. Wells Fargo & Company MN now owns 47,289 shares of the shipping company's stock worth $319,000 after buying an additional 7,690 shares during the period.

The company now has an insider ownership of 51.31 Percent and Institutional ownership of 15 Percent. Schwab Charles Investment Management Inc. boosted its stake in Seaspan by 104.4% during the 3rd quarter. Ladenburg Thalmann Financial Services Inc. now owns 74,295 shares of the shipping company's stock valued at $501,000 after buying an additional 37,500 shares in the last quarter. Finally, Silver Capital Management LLC acquired a new position in Seaspan during the fourth quarter valued at approximately $500,000.

Related News:

  • Nigeria, China Sign $2.5bn Currency Swap Agreement

    Nigeria, China Sign $2.5bn Currency Swap Agreement

    Both the Nigerian and Chinese officials were delighted at the conclusion and signing of the agreement. The post Nigeria, China in $2.5b currency swap deal appeared first on The Nation Nigeria .
    China will continue to 'hold high the great banner of Marxism': Xi

    China will continue to 'hold high the great banner of Marxism': Xi

    The state broadcaster has been carrying a five-part education show titled " Marx is Right ". He has repeatedly urged party members to "go back to the roots of Marxism".

    Galliford Try plc (LON:GFRD) Rating Changes as of May 3, 2018

    It operates through four divisions: UK Sports Retail, International Sports Retail, Brands, and Premium Lifestyle. Out of 2 Wall Street analysts rating Verint Systems, 2 give it "Buy", 0 "Sell" rating, while 0 recommend "Hold".
  • Oil hits highest since Nov. 2014 as Iran tensions mount

    The president of Prestige Economics, Jason Schenker has always maintained that the Chinese economy is the one to watch. US West Texas Intermediate crude futures were trading 1 cent lower at $68.42 per barrel early on Friday.
    Argentina's central bank makes further emergency rate hike as currency falls

    Argentina's central bank makes further emergency rate hike as currency falls

    The moves followed a week of dramatic weakening in the peso, which sank 7.83 percent just on Thursday to 23 per US dollar. The country is in the middle of a pro-market economic reform programme under president Mauricio Macri.

    Cisco Systems INC (CSCO) Holding Maintained by Columbia Partners LLC Investment Management

    Patrick Degorce decreased its stake in Bank Amer Corp (BAC) by 32.57% based on its latest 2017Q4 regulatory filing with the SEC. Another trade for 200,000 shares valued at $7.59 million was made by BARTZ CAROL on Thursday, December 14.
  • Climate activists raising money to carve Trump's face into glacier

    Climate activists raising money to carve Trump's face into glacier

    He posted the tweet during a period of record-breaking low temperatures across the eastern United States during winter 2017. The glacial art project, spearheaded by the Finland-based group Melting Ice, has been dubbed " Project Trumpmore ".
    Trump Would 'Love To Speak' To Mueller Because He's 'Done Nothing Wrong'

    Trump Would 'Love To Speak' To Mueller Because He's 'Done Nothing Wrong'

    "I would love to speak because we've done nothing wrong". "I would love to go. Trump continued, "That turned out to be a funeral".
    Severe Thunderstorm Watch issued for parts of the state

    Severe Thunderstorm Watch issued for parts of the state

    However as we head into the evening, a cold front will track through the region and bring a brief window for severe weather . Parts of Iowa and Missouri will be under the gun again, with an enhanced risk for severe storms Thursday afternoon.
  • Pelicans dissect the Warriors in Game 3 blowout: 3 takeaways

    Pelicans dissect the Warriors in Game 3 blowout: 3 takeaways

    Thompson hasn't missed a free throw since the playoffs began (Neither has Curry), and has been shooting 46.5% from the field. They seemed to benefit from being back at home and looked to be the more comfortable team shooting from the outset.

    Partners Group Holding Ag Continues to Hold Stake in Enbridge INC (ENB)

    The stock is now moving below its 20-Day Simple Moving Average of -3.12% with a 50-Day Simple Moving Average of -4.57 percent. Therefore 73% are positive. 4 are the (NYSE:ENB)'s ratings reports on 2 May 2018 according to StockzIntelligence Inc.

    Houston Rockets vs. Utah Jazz 5/4/18, Prediction & Odds

    Utah shot splendidly throughout and finished 15 for 32 from behind the arc while posting a 51.2 percentage from the floor overall. The Jazz will have an opportunity to take a 2-1 series lead over the Rockets when they host Houston in Game 3 on Friday.


Most liked

LeBron James masterclass leaves Toronto clinging on
The Cavaliers rolled to a 128-110 Game 2 victory behind a monster performance from LeBron James to take a 2-0 series lead. From using his sheer strength to drive through the lane to his unbelievable fadeaway jumpers, King James was unstoppable.

Premier League Preview: Everton vs. Southampton
Southampton's win over Bournemouth last weekend was their first in nine league games, and their first under Mark Hughes . Everton are likely to be unchanged for Saturday's game following the comfortable win over Huddersfield last weekend.

Tina Fey Tears Up Talking About Her Parents With David Letterman
During a recent appearance on David Letterman's new Netflix show, My Next Guest Needs No Introduction , Tina Fey admitted some regrets about her SNL sketch the week of Charlottesville .

Women are urged to avoid catch-up breast screening
Breast screening hotline staff are given just one hour's training before handling women's cases, it has been reported . Call handlers had been collecting details using information provided by Public Health England (PHE).

Sinemia offers new movie ticket plans
The average price of a movie ticket nationally is about $9 a show, with prices above $15 in many major cities. Sinemia's app and card operate in such a similar fashion that they infringe on the patents, MoviePass argues.

Ex-Liverpool boss Rodgers welcomes Gerrard to Old Firm rival
Gerrard also faces the challenge of outfoxing his former manager at Liverpool in Celtic's Brendan Rodgers . The post Steven Gerrard Must Gain Trust At Rangers - Mauricio Pochettino appeared first on 360Nobs.com .

Mantain Iran deal or risk war, UN chief warns Trump
In a message posted on YouTube, Mohammad Javad Zarif said Tehran would also be prepared to reject any ratification of the deal. He also noted that there was no reason for Iran to pull out of the nuclear pact as it was fully committed to its obligations.

Key FBI Attorneys James Baker, Lisa Page Resign From Agency
The texts, which the Justice Department turned over to Congress, were obtained by the department's inspector general. Trump's no effort. "We are fortunate he and so many others choose to devote their lives to justice", Mr.

Analysts Estimates And Ratings Exxon Mobil Corporation (XOM)
Woodley Farra Manion Portfolio Management Inc increased Exxon Mobil Corp (XOM) stake by 9.61% reported in 2017Q4 SEC filing. Bridges stated it has 0.63% in Exxon Mobil Corporation (NYSE:XOM). (NYSE:ANET) on Friday, November 3 with "Buy" rating.

Reasons Why You Should Watch El Clasico On Sunday
We've said that it's not going to happen and it's not going to happen. And so Zidane's team will be even more determined to ruin the party.

Toyota invests in hybrids in Canada
In the United States in 2017, the RAV4 was the best-selling vehicle that is not a pickup truck, with sales of more than 400,000. The upgrades, which include new automation technology in the paint and plastics departments, are to be completed by 2019.

Mahira Khan heads to Cannes Film Festival
In summing up, Hastings said that "regulation is essential" and Netflix had a responsibility to find how to work within the system.

Congress defamed Hindus, Rahul Gandhi should apologise, says Amit Shah
The meeting, named as an extended working committee, is the first after Rakesh Singh was appointed as the new BJP state president last month.

Chelsea boss Antonio Conte: 'No-one could predict Mohamed Salah season'
We can score goals , we have shown that and there is nothing to be afraid of for us. "It's intense, we have to play these teams". I'm really proud of that. "They showed up because they have the quality to do so, physically, football-wise and in mindset".

Dodgers Throw Combined No-Hitter vs. Padres
Eric Lauer will make just the third start of his career against the long-time veteran. "And it worked out". He removed then-rookie Ross Stripling from a bid against San Francisco with one out in the eighth in 2016.