Danaos Corporation (DAC)
| 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 |
GLOP, PBR, ALLY, and DAC made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 23, 2021.
ASIX, JAKK, TEX, BCC, and DAC have been added to the Zacks Rank #1 (Strong Buy) List on July 19, 2021.
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...
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...
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...
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...
Danaos (DAC) closed at $75.25 in the latest trading session, marking a +0.6% move from the prior day.
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...
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...
In the latest trading session, Danaos (DAC) closed at $72.13, marking a +0.45% move from the previous day.
Danaos (DAC) closed at $70.73 in the latest trading session, marking a -1.26% move from the prior day.
In the latest trading session, Danaos (DAC) closed at $67.65, marking a +0.55% move from the previous day.
Danaos (DAC) closed the most recent trading day at $67.28, moving +0.03% from the previous trading session.
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...
Is (DAC) Outperforming Other Transportation Stocks This Year?
Your cash will pile up as the year goes on. More cash is coming next year.
Wait -- you mean everything's not universally great in the shipping industry?
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...
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?
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...
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...
High container rates are likely to have aided Danaos' (DAC) Q1 performance.
Danaos (DAC) closed the most recent trading day at $62.56, moving +1.53% from the previous trading session.
The Baltic Dry Index charges full speed ahead, dragging all the dry bulk stocks in its wake.
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...
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...
Is (DAC) Outperforming Other Transportation Stocks This Year?
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...
Danaos (DAC) closed at $53.05 in the latest trading session, marking a -0.11% move from the prior day.
When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?
3 Shipping Stocks to Tide Over Coronavirus-Led Industry Hurdles
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.
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...
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...
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.
Top Picks for Investors Interested in the Shipping and Medical Space.
Is (DAC) Outperforming Other Transportation Stocks This Year?
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.
Top Ranked Value Stocks to Buy for March 16th
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.
Top Ranked Value Stocks to Buy for March 11th
Is (DAC) Outperforming Other Transportation Stocks This Year?
Top Ranked Value Stocks to Buy for March 8th
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...
Top Ranked Value Stocks to Buy for March 3rd
Top Ranked Value Stocks to Buy for March 1st
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.
Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength have a high chance of carrying the momentum forward.
Top Ranked Value Stocks to Buy for February 24th
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 |
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%.
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.