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Danaos Corporation (DAC)

Stock Price: $55.47 USD -0.18 (-0.32%)
Updated May 13, 2021 4:00 PM EDT - Market closed
After-hours: $55.96 +0.49 (0.88%) May 13, 7:58 PM
Market Cap 1.14B
Revenue (ttm) 487.52M
Net Income (ttm) 421.24M
Shares Out 20.56M
EPS (ttm) 18.53
PE Ratio 2.99
Forward PE n/a
Dividend $2.00
Dividend Yield 3.61%
Trading Day May 13
Last Price $55.47
Previous Close $55.65
Change ($) -0.18
Change (%) -0.32%
Day's Open 56.20
Day's Range 53.16 - 59.50
Day's Volume 536,179
52-Week Range 3.33 - 67.40

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

2 days ago - FreightWaves

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

Other stocks mentioned: SB
2 days 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 days 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?

3 days 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...

3 days 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

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

1 week ago - Zacks Investment Research

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

1 week 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
1 week 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...

1 week 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 ...
1 week ago - FreightWaves

Is (DAC) Outperforming Other Transportation Stocks This Year?

2 weeks 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 weeks 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 weeks 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 weeks ago - Zacks Investment Research

3 Shipping Stocks to Tide Over Coronavirus-Led Industry Hurdles

Other stocks mentioned: CMRE, DHT, FRO, GSL
1 month 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
1 month 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...

1 month 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...

1 month 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
1 month ago - Zacks Investment Research

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

Other stocks mentioned: PEN
1 month ago - Zacks Investment Research

Is (DAC) Outperforming Other Transportation Stocks This Year?

1 month 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.

1 month ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for March 16th

Other stocks mentioned: ATH, CAI, LPI
1 month 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
1 month ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for March 11th

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

Is (DAC) Outperforming Other Transportation Stocks This Year?

2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for March 8th

Other stocks mentioned: CAI, STC, TMHC
2 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...

2 months ago - Business Wire

Top Ranked Value Stocks to Buy for March 3rd

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

Top Ranked Value Stocks to Buy for March 1st

Other stocks mentioned: CAI, ENVA, TX
2 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.

2 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
2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 24th

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

SAILING INTO RECOVERY  Complimentary Registration

Other stocks mentioned: CPLP, EDRY, ESEA, GNK, GOGL, GRIN, GSL ...
2 months ago - GlobeNewsWire

With the 10-year Treasury Yield staying elevated, rotation from growth to value stocks is underway. This calls for investing in value stocks like Danaos (DAC), D.R.

Other stocks mentioned: ACBI, CAI, DHI, HBCP
2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 22nd

Other stocks mentioned: ATH, CAI, TGH
2 months ago - Zacks Investment Research

Is (DAC) Outperforming Other Transportation Stocks This Year?

2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 17th

Other stocks mentioned: CCS, ENVA, SCU
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 fourth quarter and t...

2 months ago - Business Wire

On Monday, February 15, Danaos (NYSE:DAC) will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

3 months ago - Benzinga

High vessel operating expenses are likely to hurt Danaos' (DAC) Q4 results.

3 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 10th

Other stocks mentioned: BGCP, CMRE, ENVA
3 months ago - Zacks Investment Research

ATHENS, Greece--(BUSINESS WIRE)--First sentence of release should read: Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will rele...

3 months ago - Business Wire

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 fourth quarter ...

3 months ago - Business Wire

Top Ranked Value Stocks to Buy for February 8th

Other stocks mentioned: CMRE, SB, VIST
3 months ago - Zacks Investment Research

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (the “Company”) (NYSE:DAC) announced today the pricing of its offering of $300 million of 8.500% senior unsecured notes due 2028. The notes are being ...

3 months ago - Business Wire

Is (DAC) Outperforming Other Transportation Stocks This Year?

3 months ago - Zacks Investment Research

ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (the “Company”) (NYSE: DAC) announced today that it plans to commence an offering of up to $300 million of senior unsecured notes due 2028, subject to...

3 months ago - Business Wire

Value Investor's Edge Live continues with this latest episode focused on the containership segment of the shipping industry. Danaos was one of our top picks at Value Investor's Edge with initial buys in...

3 months ago - Seeking Alpha

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 2 analysts, the average rating for Danaos stock is "Buy." The 12-month stock price forecast is 71.75, which is an increase of 29.35% from the latest price.

Price Target
$71.75
(29.35% upside)
Analyst Consensus: Buy