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Danaos Corporation (DAC)

Stock Price: $66.98 USD -2.85 (-4.08%)
Updated Jul 23, 2021 4:00 PM EDT - Market closed
After-hours: $66.11 -0.87 (-1.30%) Jul 23, 7:19 PM
Market Cap 1.38B
Revenue (ttm) 487.52M
Net Income (ttm) 421.24M
Shares Out 20.60M
EPS (ttm) 18.53
PE Ratio 3.61
Forward PE n/a
Dividend $0.50
Dividend Yield 0.75%
Trading Day July 23
Last Price $66.98
Previous Close $69.83
Change ($) -2.85
Change (%) -4.08%
Day's Open 69.32
Day's Range 65.70 - 69.90
Day's Volume 371,472
52-Week Range 3.35 - 79.49

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GLOP, PBR, ALLY, and DAC made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 23, 2021.

Other stocks mentioned: ALLY, GLOP, PBR
1 day ago - Zacks Investment Research

Don???t fear the stock market, inflation fears are likely to be short-lived.

Other stocks mentioned: AN, ARCB, LPX, OLN, PAG, VSTO
4 days ago - Zacks Investment Research

ASIX, JAKK, TEX, BCC, and DAC have been added to the Zacks Rank #1 (Strong Buy) List on July 19, 2021.

Other stocks mentioned: ASIX, BCC, JAKK, TEX
5 days ago - Zacks Investment Research

As the economy roars back to life, one of the best places to look for growth is top-quality small-cap stocks that are still bargains. The post 7 ‘A-Rated' Small-Cap Stocks to Buy Now appeared first on I...

Other stocks mentioned: AMRK, CAMT, CLAR, FCF, MYRG, TEN
5 days ago - InvestorPlace

Danaos Corp (NYSE: DAC) announced an agreement to acquire six 5,466 TEU container vessels built at Hanjin Subic Bay shipyard en bloc for $260 million. The vessels have an average age of 6.8 years and ar...

1 week ago - Benzinga

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (the "Company") (NYSE: DAC) today announced that it has entered into an agreement to acquire six 5,466 TEU container vessels built at Hanjin Subic Bay...

1 week ago - Business Wire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 week ago - Zacks Investment Research

Danaos (DAC) closed at $75.25 in the latest trading session, marking a +0.6% move from the prior day.

3 weeks ago - Zacks Investment Research

A deal involving the acquisition of five ships has furthered a Jefferies analyst's bullish sentiment on Danaos Corp. (NYSE:DAC). The Danaos Analyst: Randy Giveans reiterated a Buy rating on shares of Da...

3 weeks ago - Benzinga

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (the "Company") (NYSE: DAC) today announced that it has exercised its option to acquire the remaining equity interests in its joint venture Gemini Shi...

3 weeks ago - Business Wire

In the latest trading session, Danaos (DAC) closed at $72.13, marking a +0.45% move from the previous day.

1 month ago - Zacks Investment Research

Danaos (DAC) closed at $70.73 in the latest trading session, marking a -1.26% move from the prior day.

1 month ago - Zacks Investment Research

In the latest trading session, Danaos (DAC) closed at $67.65, marking a +0.55% move from the previous day.

1 month ago - Zacks Investment Research

Danaos (DAC) closed the most recent trading day at $67.28, moving +0.03% from the previous trading session.

1 month ago - Zacks Investment Research

Danaos (DAC) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorte...

2 months ago - Zacks Investment Research

Is (DAC) Outperforming Other Transportation Stocks This Year?

2 months ago - Zacks Investment Research

Your cash will pile up as the year goes on. More cash is coming next year.

2 months ago - FreightWaves

Wait -- you mean everything's not universally great in the shipping industry?

Other stocks mentioned: SB
2 months ago - The Motley Fool

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (“Danaos”) (NYSE: DAC) announced today that its Board of Directors (the “Board”) has approved a dividend reinvestment plan (the “plan”). The plan offe...

2 months ago - Business Wire

Danaos (DAC) delivered earnings and revenue surprises of -1.39% and 2.41%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (“Danaos”) (NYSE:DAC), one of the world's largest independent owners of containerships, today reported unaudited results for the quarter ended March 3...

2 months ago - Business Wire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

2 months ago - Zacks Investment Research

High container rates are likely to have aided Danaos' (DAC) Q1 performance.

2 months ago - Zacks Investment Research

Danaos (DAC) closed the most recent trading day at $62.56, moving +1.53% from the previous trading session.

2 months ago - Zacks Investment Research

The Baltic Dry Index charges full speed ahead, dragging all the dry bulk stocks in its wake.

Other stocks mentioned: SB, SBLK
2 months ago - The Motley Fool

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the first quarter e...

2 months ago - Business Wire

The stock market has boomed in the COVID era, driven by fiscal and monetary policy and surging retail-investor interest. Many ocean shipping stocks — with the glaring exception of tanker equities — have...

Other stocks mentioned: AMKBY, CMRE, DHT, EDRY, EGLE, ESEA, EURN ...
2 months ago - FreightWaves

Is (DAC) Outperforming Other Transportation Stocks This Year?

2 months ago - Zacks Investment Research

If you are looking for stocks that are well positioned to maintain their recent uptrend, Danaos (DAC) could be a great choice. It is one of the several stocks that passed through our "Recent Price Stren...

2 months ago - Zacks Investment Research

Danaos (DAC) closed at $53.05 in the latest trading session, marking a -0.11% move from the prior day.

3 months ago - Zacks Investment Research

When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?

3 months ago - Zacks Investment Research

3 Shipping Stocks to Tide Over Coronavirus-Led Industry Hurdles

Other stocks mentioned: CMRE, DHT, FRO, GSL
3 months ago - Zacks Investment Research

Listed container-ship owners and operators won't report final Q1 results for another month, but three early disclosures give a taste of what's to come. The signals are flashing bright green.

Other stocks mentioned: ATCO, CMRE, CPLP, ESEA, GSL, NMM
3 months ago - FreightWaves

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (the “Company”) (NYSE: DAC) announced today the consummation of its previously announced $1.25 billion refinancing of a substantial majority of its ou...

3 months ago - Business Wire

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, is saddened to report the passing of Robert A. Mundell, who served as an...

3 months ago - Business Wire

Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength like VRTV, DAC, GPX, MARA and MT have a high chance of carrying the momentum forward.

Other stocks mentioned: GPX, MARA, MT, VRTV
3 months ago - Zacks Investment Research

Top Picks for Investors Interested in the Shipping and Medical Space.

Other stocks mentioned: PEN
3 months ago - Zacks Investment Research

Is (DAC) Outperforming Other Transportation Stocks This Year?

3 months ago - Zacks Investment Research

Danaos (DAC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

4 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for March 16th

Other stocks mentioned: ATH, CAI, LPI
4 months ago - Zacks Investment Research

Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength like VRTV, DAC, SEM, NPO and MT have a high chance of carrying the momentum forward.

Other stocks mentioned: MT, NPO, SEM, VRTV
4 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for March 11th

Other stocks mentioned: CAI, OMP, TMHC
4 months ago - Zacks Investment Research

Is (DAC) Outperforming Other Transportation Stocks This Year?

4 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for March 8th

Other stocks mentioned: CAI, STC, TMHC
4 months ago - Zacks Investment Research

ATHENS, Greece--(BUSINESS WIRE)--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 the year ended D...

4 months ago - Business Wire

Top Ranked Value Stocks to Buy for March 3rd

Other stocks mentioned: MHO, OMF, TX
4 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for March 1st

Other stocks mentioned: CAI, ENVA, TX
4 months ago - Zacks Investment Research

Danaos (DAC) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

4 months ago - Zacks Investment Research

Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.

Other stocks mentioned: AVNW, HRI, NMM, PDCE
4 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 24th

Other stocks mentioned: ATH, CMRE, MDC
5 months ago - Zacks Investment Research

About DAC

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of February 28, 2021, it had a fleet of 65 containerships aggregating 403,793 twenty foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1972 and is based in Piraeus, Greec... [Read more...]

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

Financial Performance

In 2020, Danaos's revenue was $461.59 million, an increase of 3.21% compared to the previous year's $447.24 million. Earnings were $153.55 million, an increase of 16.99%.

Financial Statements

Analyst Forecasts

According to 4 analysts, the average rating for Danaos stock is "Buy." The 12-month stock price forecast is 76.75, which is an increase of 14.59% from the latest price.

Price Target
$76.75
(14.59% upside)
Analyst Consensus: Buy