Wall Street sell-side analysts are expecting Seaspan Corporation (NYSE:SSW) to report earnings of $0.21 for the current fiscal quarter. This is the consensus mean number based on the analysts polled by Zack’s Research.
Most recently the firm posted earnings per share of $0.29 for the period ending on 2016-09-30. In looking at the Zack’s consensus, Wall Street brokerage firms have an average price target of $12.5 on Seaspan Corporation (NYSE:SSW) shares. This is based on the 8 research analysts that Zack’s takes into consideration. The most recent revision to the consensus was made on 2017-01-03.
The average analyst recommendation is the arithmetical mean of the individual ratings contributed by sell-side analysts to produce a Consensus Analyst Rating for each stock.
On a simplified scale of 1 to 5 where 1 is a Strong Buy and 5 is a Strong Sell, the stock has a 3.5 rating based on 8 broker recommendations. Of the 8 analyst estimates, the most positive sees the stock reaching $20 within the next 12 months while the most conservative analyst sees the stock at $10 within the year.
Taking a look out at the long term growth prospects of Seaspan Corporation (NYSE:SSW), sell-side analysts have a consensus mean earnings per share estimate for the current year of $0.94. The high end estimate for this time frame is $1.22 with the low being $0.66.
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