Danaos Corporation (DAC)
| Market Cap | 1.67B |
| Revenue (ttm) | 1.01B |
| Net Income (ttm) | 469.72M |
| Shares Out | 18.57M |
| EPS (ttm) | 24.48 |
| PE Ratio | 3.68 |
| Forward PE | 3.30 |
| Dividend | $3.40 (3.78%) |
| Ex-Dividend Date | May 27, 2025 |
| Volume | 53,942 |
| Open | 88.99 |
| Previous Close | 89.02 |
| Day's Range | 88.99 - 90.40 |
| 52-Week Range | 65.40 - 90.95 |
| Beta | 1.36 |
| Analysts | Strong Buy |
| Price Target | 105.00 (+16.64%) |
| 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]
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 StatementsAnalyst Summary
According to one analyst, the rating for DAC stock is "Strong Buy" and the 12-month stock price target is $105.0.
News
Danaos: Fleet Expansion At Strong Rates Has Me Getting Back In
Danaos boasts a $3.7 billion revenue backlog, providing nearly four years of cash flow visibility and strong charter coverage into 2026. Management has secured premium, long-term rates for all newbuil...
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 ...
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...
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 ...
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...
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...
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...
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...
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 $...
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 ...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...