Danaos Corporation (DAC)
| Market Cap | 1.57B |
| Revenue (ttm) | 891.78M |
| Net Income (ttm) | 722.91M |
| Shares Out | 20.54M |
| EPS (ttm) | 35.90 |
| PE Ratio | 2.13 |
| Forward PE | n/a |
| Dividend | $2.50 (3.27%) |
| Ex-Dividend Date | Aug 16, 2022 |
| Volume | 206,903 |
| Open | 78.45 |
| Previous Close | 78.07 |
| Day's Range | 76.07 - 79.04 |
| 52-Week Range | 55.71 - 107.47 |
| Beta | 1.56 |
| Analysts | Buy |
| Price Target | 118.58 (+55.2%) |
| Earnings Date | Aug 1, 2022 |
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, 2022, it had a fleet of 71 containerships aggregating 436,589 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 1963 and is based in Piraeus, Greec... [Read more...]
Financial Performance
In 2021, Danaos's revenue was $689.51 million, an increase of 49.37% compared to the previous year's $461.59 million. Earnings were $1.05 billion, an increase of 585.67%.
Financial StatementsAnalyst Forecast
According to 8 analysts, the average rating for DAC stock is "Buy." The 12-month stock price forecast is 118.58, which is an increase of 55.17% from the latest price.
News
Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2022
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...
Shipping Stocks: Matson, Danaos Earnings Due As Demand For Goods Wobbles
Danaos and Matson report late Monday. Ocean shipping stocks have struggled as rates fall amid waning demand for goods.
Danaos Corporation Announces Date for the Release of Second Quarter 2022 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 ...
Should Value Investors Buy Danaos (DAC) Stock?
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Are Investors Undervaluing Danaos (DAC) Right Now?
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Danaos (DAC) Crossed Above the 200-Day Moving Average: What That Means for Investors
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Is Danaos (DAC) Stock Outpacing Its Transportation Peers This Year?
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3 Low P/E Stocks Displaying Attractive Earnings Growth
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Is Danaos (DAC) Stock Undervalued Right Now?
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Danaos (DAC) Surpasses Q1 Earnings and Revenue Estimates
Danaos (DAC) delivered earnings and revenue surprises of 19.83% and 8.01%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2022
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 ...
Danaos (DAC) to Report Q1 Earnings: What's in the Offing?
High costs are likely to have dented Danaos' (DAC) Q1 bottom-line performance.
Danaos Corporation Announces Date for the Release of First Quarter 2022 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 first quarter e...
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Danaos Corporation Announces the Ordering of Four 7,200 TEU Containerships
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it has placed orders for four 7,200 TEU containersh...
Danaos (DAC) Is a Great Choice for "Trend" Investors, Here's Why
Danaos (DAC) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
Geopolitical tensions shake $120 billion grain trade; Which shipping stocks to watch?
Shipments from Ukraine and Russia account for a quarter of global grain trade, and with Russia's invasion of Ukraine, food-security.
Is Danaos (DAC) Outperforming Other Transportation Stocks This Year?
Here is how Danaos (DAC) and Genco Shipping & Trading (GNK) have performed compared to their sector so far this year.
Top 3 Shipping Stocks for the Shipping Surge
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What Makes Danaos (DAC) a Strong Momentum Stock: Buy Now?
Does Danaos (DAC) have what it takes to be a top stock pick for momentum investors? Let's find out.
Danaos (DAC) Gains But Lags Market: What You Should Know
Danaos (DAC) closed at $106.64 in the latest trading session, marking a +0.77% move from the prior day.