Danaos Corporation (DAC)

NYSE: DAC · Real-Time Price · USD
87.30
-0.45 (-0.51%)
Jun 20, 2025, 4:00 PM - Market closed
-0.51%
Market Cap 1.62B
Revenue (ttm) 1.01B
Net Income (ttm) 469.72M
Shares Out 18.57M
EPS (ttm) 24.48
PE Ratio 3.57
Forward PE 3.20
Dividend $3.40 (3.90%)
Ex-Dividend Date May 27, 2025
Volume 138,314
Open 87.85
Previous Close 87.75
Day's Range 86.16 - 87.91
52-Week Range 65.40 - 94.63
Beta 1.39
Analysts Strong Buy
Price Target 105.00 (+20.28%)
Earnings Date Aug 4, 2025

About DAC

Danaos Corporation, through its subsidiaries, owns and operates containerships and drybulk vessels in Australia, Europe, and the United States. It operates in two segments, Container Vessels and Drybulk Vessels. The company provides seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of February 28, 2025, it had a fleet of 74 containerships aggregating 471,477 TEUs, 15 under construction containerships aggregating 128,220 TEUs, and 10 Capesize bulk carriers aggregating 1,76... [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Oct 6, 2006
Employees 4
Stock Exchange NYSE
Ticker Symbol DAC
Full Company Profile

Financial Performance

In 2024, Danaos's revenue was $1.01 billion, an increase of 4.16% compared to the previous year's $973.58 million. Earnings were $505.07 million, a decrease of -12.36%.

Financial Statements

Analyst Forecast

According to one analyst, the rating for DAC stock is "Strong Buy" and the 12-month stock price forecast is $105.0.

Price Target
$105.0
(20.28% upside)
Analyst Consensus: Strong Buy
Stock Forecasts

News

Danaos: Considerably Undervalued And Could Inflect Higher Soon

Danaos trades at less than half of book value despite having minimal net debt, with strong earnings visibility through 2028 due to $3.7 billion of contracted revenues. Danaos has recently become more ...

7 days ago - Seeking Alpha

Danaos Corp: Another Big Bet On Maritime Transport

Danaos maintains a well-diversified fleet of vessels, with at most 23% of the vessels belonging to a single class. Hapag-Lloyd and PIL are Danaos' main clients, but they represent only 18% of contract...

22 days ago - Seeking Alpha

5 Undervalued Stocks To Buy On China Tariff Cuts

Markets have come close to returning to February highs after China and the U.S. reduced their tariffs. While markets are still shaky, with a Treasury bond auction on Tuesday sending stocks down, most ...

Other symbols: ASXGIIIKBHSCVL
4 weeks ago - Benzinga

Danaos Corporation, Inc. (DAC) Q1 2025 Earnings Call Transcript

Danaos Corporation, Inc. (NYSE:DAC) Q1 2025 Earnings Conference Call May 14, 2025 9:00 AM ET Company Participants Evangelos Chatzis - VP, CFO, Treasurer & Secretary John Coustas - Chairman, President...

5 weeks ago - Seeking Alpha

Danaos Corporation Reports First Quarter Results for Period Ended March 31, 2025

ATHENS, Greece , May 13, 2025 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudite...

5 weeks ago - PRNewsWire

Why J Mintzmyer Is Short Walmart And Long 3 Shipping Stocks

Shipping expert J Mintzmyer discusses the current volatility in the shipping sector, and the impact of geopolitical events and tariffs on container ships and tankers. Tanker stocks are particularly at...

Other symbols: INSWWMT
5 weeks ago - Seeking Alpha

Danaos Corporation Announces Date for the Release of First Quarter 2025 Results, Conference Call and Webcast

ATHENS, Greece , May 8, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the f...

6 weeks ago - PRNewsWire

Danaos Corporation Announces Upsizing of its Share Repurchase Program by an additional $100 million

ATHENS, Greece , April 14, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC) announces that its Board of Directors has approved the upsizing of its common stock repurchase program by an additional $...

2 months ago - PRNewsWire

Danaos: +60% Discount To Book With A Reasonable Yield, Reiterate Buy

Danaos Corporation broke a six-quarter streak of missing EPS estimates, ending Q4 2024 with a 41 bps beat and a yield above 4.7%. Despite volatile trading and tariff uncertainties, DAC's fundamentals ...

2 months ago - Seeking Alpha

Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2024

ATHENS, Greece , March 13, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that its Annual Report on Form 20-F for...

3 months ago - PRNewsWire

Danaos: Stocks This Cheap Don't Come Around Often

Danaos trades at 2.8x forward PE ratio, mirroring broader industry challenges, but ignoring its contracted revenue business model that shields it from short-term maritime industry volatility. A strong...

4 months ago - Seeking Alpha

Danaos Corporation (DAC) Q4 2024 Earnings Call Transcript

Danaos Corporation (NYSE:DAC) Q4 2024 Earnings Conference Call February 11, 2025 9:00 AM ET Company Participants Evangelos Chatzis - Chief Financial Officer John Coustas - Chief Executive Officer Con...

4 months ago - Seeking Alpha

Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2024

ATHENS, Greece , Feb. 10, 2025 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudit...

4 months ago - PRNewsWire

Danaos Corporation Announces Date for the Release of Fourth Quarter 2024 Results, Conference Call and Webcast

ATHENS, Greece , Jan. 21, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the...

5 months ago - PRNewsWire

Danaos: Undervalued With Strong Cash Flows

Danaos Corporation owns 73 containerships and is expanding with 16 more ships under construction. Danaos is diversifying into drybulk with 10 vessels and a position in SBLK. The stock is undervalued g...

5 months ago - Seeking Alpha

Danaos Corporation (DAC) Q3 2024 Earnings Call Transcript

Danaos Corporation (NYSE:DAC) Q3 2024 Earnings Conference Call November 12, 2024 9:00 AM ET Company Participants Evangelos Chatzis - CFO John Coustas - CEO Conference Call Participants Omar Nokta - J...

7 months ago - Seeking Alpha

Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2024

ATHENS, Greece , Nov. 12, 2024 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudit...

7 months ago - PRNewsWire

Danaos Corporation: Providing A Long-Volatility Exposure To Geopolitics

After a surge in containership charter rates during the pandemic, an important wave of new vessels is currently entering the market. One key reason why the market has been able to digest this new supp...

7 months ago - Seeking Alpha

Danaos Corporation Announces Date for the Release of Third Quarter 2024 Results, Conference Call and Webcast

ATHENS, Greece , Oct. 31, 2024 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the...

8 months ago - PRNewsWire

Danaos Corporation: Drybulk Debut Not The Only Attractive Aspect

Danaos Corporation reported mixed Q2 earnings, missing on adjusted EPS but beating on revenue, with stock price fluctuating before rallying back. Despite missing analyst EPS estimates for four quarter...

10 months ago - Seeking Alpha

Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2024

ATHENS, Greece , Aug. 5, 2024 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudite...

11 months ago - PRNewsWire

Danaos Corporation Announces Date for the Release of Second Quarter 2024 Results, Conference Call and Webcast

ATHENS, Greece , July 29, 2024 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the...

11 months ago - PRNewsWire

Danaos Corporation Announces Additions of $616 million to its Contracted Revenue Backlog and the Addition of Five Containership Vessels to its Newbuildings Orderbook

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that (i) it has added $616 million to its contracted r...

1 year ago - Business Wire

Danaos Corporation (DAC) Q1 2024 Earnings Call Transcript

Danaos Corporation (NYSE:DAC) Q1 2024 Earnings Conference Call May 28, 2024 9:00 AM ET Company Participants John Coustas - CEO Evangelos Chatzis - CFO Conference Call Participants Omar Nokta - Jeffer...

1 year ago - Seeking Alpha

Danaos Corporation Reports First Quarter Results for Period Ended March 31, 2024

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudited results for...

1 year ago - Business Wire