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What to Expect From Seaspan Corporation in 2018


What to Expect From Seaspan Corporation in 2018

This past year has been a disappointment for investors in Seaspan Corporation (NYSE: SSW). The largest independent containership owner and manager started the year by slashing its dividend so it would have the cash to capitalize on opportunities that might emerge amid the current weakness in the industry. Meanwhile, its financial results declined in every quarter when compared to 2016. These and other issues weighed on the stock, pushing it down more than 35% for the year.

That said, there were three signs that this sinking ship is turning things around -- and investors can expect the containership leasing giant to have a much better year in 2018.

Image source: Getty Images.

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Source: Fool.com

Seaspan Corp. Stock

€9.02
-5.840%
Heavy losses for Seaspan Corp. today as the stock fell by -€0.220 (-5.840%).

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