Danaos Corporation (DAC)
| Market Cap | 1.55B |
| Revenue (ttm) | 517.13M |
| Net Income (ttm) | 755.58M |
| Shares Out | 20.60M |
| EPS (ttm) | 34.83 |
| PE Ratio | 2.11 |
| Forward PE | n/a |
| Dividend | $1.00 (1.36%) |
| Ex-Dividend Date | Aug 13, 2021 |
| Volume | 238,447 |
| Open | 75.18 |
| Previous Close | 75.17 |
| Day's Range | 72.20 - 75.18 |
| 52-Week Range | 7.78 - 89.41 |
| Beta | 1.67 |
| Analysts | Buy |
| Price Target | 71.75 (-2.3%) |
| Est. Earnings Date | Nov 8, 2021 |
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...
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 StatementsAnalyst Forecast
According to 4 analysts, the average rating for Danaos stock is "Buy." The 12-month stock price forecast is 71.75, which is a decrease of -2.27% from the latest price.
News
Danaos Corporation Announces Date for the Release of Third Quarter 2021 Results, Conference Call and Webcast
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 third quarter e...
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Is Danaos (DAC) Stock Undervalued Right Now?
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Is Danaos (DAC) a Suitable Stock for Value Investors Now?
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Why Is Danaos Stock Trading Higher Today?
Danaos Corporation (NYSE: DAC) has entered into new charter agreements for 10 of its vessels, including one 8,500 TEU vessel, three 3,400 TEU vessels, and six 2,200 vessels, for charter periods ranging ...
The shipping industry is seeing a cascading impact of the pandemic, expert says
Michelle Wiese Bockmann, analyst at Lloyd's List, discusses shipping blockages.
Danaos Corporation Announces New Charters for 10 Vessels; Increases Contracted Backlog by 21.5% to Over $2 Billion
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (the "Company") (NYSE: DAC) today announced that it has entered into new charter agreements for 10 of its vessels, including one 8,500 TEU vessel, thr...
Jefferies: Rates for container ships is going to be strong at least until next Chinese New Year
Randy Giveans, head of the energy maritime shipping equity research group at Jefferies, discusses the main factors behind the spike in shipping container rates and LNG prices.
4 Profitable Stocks to Boost Returns Using Net Income Ratio
DAC, BYD, CMRE, VIVO, and MGY qualified the screen for the net income ratio for the day.
Danaos (DAC) Q2 Earnings and Revenues Surpass Estimates
Danaos (DAC) delivered earnings and revenue surprises of 2.45% and 3.15%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2021
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 period ended June 30...
Danaos (DAC) to Report Q2 Earnings: What's in the Offing?
High vessel operating expenses are likely to dent Danaos' (DAC) Q2 results.
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Danaos Corporation Announces Date for the Release of Second Quarter 2021 Results, Conference Call and Webcast
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 second quarter ...
Danaos (DAC) Earnings Expected to Grow: What to Know Ahead of Q2 Release
Danaos (DAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
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