DAC vs. CMRE, ZIM, CDLR, NMM, LPG, DHT, SFL, NVGS, SBLK, and GNK
Should you be buying Danaos stock or one of its competitors? The main competitors of Danaos include Costamare (CMRE), ZIM Integrated Shipping Services (ZIM), Cadeler A/S (CDLR), Navios Maritime Partners (NMM), Dorian LPG (LPG), DHT (DHT), SFL (SFL), Navigator (NVGS), Star Bulk Carriers (SBLK), and Genco Shipping & Trading (GNK). These companies are all part of the "deep sea foreign transportation of freight" industry.
Danaos (NYSE:DAC) and Costamare (NYSE:CMRE) are both small-cap transportation companies, but which is the superior stock? We will contrast the two companies based on the strength of their valuation, media sentiment, analyst recommendations, risk, dividends, institutional ownership, earnings, community ranking and profitability.
Danaos pays an annual dividend of $3.20 per share and has a dividend yield of 4.2%. Costamare pays an annual dividend of $0.46 per share and has a dividend yield of 3.7%. Danaos pays out 11.0% of its earnings in the form of a dividend. Costamare pays out 15.6% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Danaos is clearly the better dividend stock, given its higher yield and lower payout ratio.
Danaos has a beta of 1.3, meaning that its stock price is 30% more volatile than the S&P 500. Comparatively, Costamare has a beta of 1.38, meaning that its stock price is 38% more volatile than the S&P 500.
Danaos currently has a consensus target price of $90.00, indicating a potential upside of 17.86%. Costamare has a consensus target price of $11.50, indicating a potential downside of 6.35%. Given Danaos' stronger consensus rating and higher probable upside, equities research analysts plainly believe Danaos is more favorable than Costamare.
19.0% of Danaos shares are held by institutional investors. Comparatively, 58.1% of Costamare shares are held by institutional investors. 41.0% of Danaos shares are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.
In the previous week, Costamare had 2 more articles in the media than Danaos. MarketBeat recorded 5 mentions for Costamare and 3 mentions for Danaos. Costamare's average media sentiment score of 0.32 beat Danaos' score of -0.10 indicating that Costamare is being referred to more favorably in the news media.
Danaos has a net margin of 59.19% compared to Costamare's net margin of 25.26%. Danaos' return on equity of 19.94% beat Costamare's return on equity.
Danaos has higher earnings, but lower revenue than Costamare. Danaos is trading at a lower price-to-earnings ratio than Costamare, indicating that it is currently the more affordable of the two stocks.
Costamare received 129 more outperform votes than Danaos when rated by MarketBeat users. However, 55.98% of users gave Danaos an outperform vote while only 52.76% of users gave Costamare an outperform vote.
Summary
Danaos beats Costamare on 12 of the 19 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding DAC and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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