Danaos Corporation (DAC)
| 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 |
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
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.
Top Ranked Value Stocks to Buy for February 22nd
Is (DAC) Outperforming Other Transportation Stocks This Year?
Top Ranked Value Stocks to Buy for February 17th
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...
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.
High vessel operating expenses are likely to hurt Danaos' (DAC) Q4 results.
Top Ranked Value Stocks to Buy for February 10th
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...
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 ...
Top Ranked Value Stocks to Buy for February 8th
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 ...
Is (DAC) Outperforming Other Transportation Stocks This Year?
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...
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...
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 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.