Danaos (DAC) to Release Quarterly Earnings on Monday

Key Points

• Danaos (NYSE:DAC) is expected to announce its Q2 2025 earnings on August 4th, with analysts projecting earnings of **$6.52 per share** and revenue of **$247.26 million** for the quarter.
• The company recently implemented a **$100 million stock repurchase program**, indicating the board believes the shares are **undervalued**.
• Danaos declared a quarterly dividend of **$0.85 per share**, which reflects an annualized dividend of **$3.40** and a dividend yield of **3.69%**.

Danaos (NYSE:DAC - Get Free Report) is expected to be releasing its Q2 2025 earnings data after the market closes on Monday, August 4th. Analysts expect Danaos to post earnings of $6.52 per share and revenue of $247.26 million for the quarter.

Danaos (NYSE:DAC - Get Free Report) last released its earnings results on Tuesday, May 13th. The shipping company reported $6.04 EPS for the quarter, missing the consensus estimate of $6.33 by ($0.29). Danaos had a return on equity of 14.66% and a net margin of 46.33%. The company had revenue of $253.31 million during the quarter, compared to the consensus estimate of $242.00 million. During the same period last year, the firm posted $7.15 earnings per share. On average, analysts expect Danaos to post $29 EPS for the current fiscal year and $28 EPS for the next fiscal year.

Danaos Stock Up 0.2%

Shares of DAC stock traded up $0.22 during mid-day trading on Thursday, hitting $92.27. The company's stock had a trading volume of 29,482 shares, compared to its average volume of 95,168. Danaos has a 52-week low of $65.40 and a 52-week high of $94.00. The business has a 50-day moving average price of $87.58 and a 200 day moving average price of $82.35. The company has a debt-to-equity ratio of 0.21, a quick ratio of 4.18 and a current ratio of 4.34. The stock has a market cap of $1.75 billion, a price-to-earnings ratio of 3.79 and a beta of 1.36.

Danaos announced that its board has approved a stock repurchase program on Monday, April 14th that authorizes the company to buyback $100.00 million in outstanding shares. This buyback authorization authorizes the shipping company to purchase up to 6.8% of its shares through open market purchases. Shares buyback programs are usually an indication that the company's leadership believes its shares are undervalued.

Danaos Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 5th. Shareholders of record on Tuesday, May 27th were issued a dividend of $0.85 per share. The ex-dividend date was Tuesday, May 27th. This represents a $3.40 annualized dividend and a yield of 3.68%. Danaos's payout ratio is currently 13.96%.

Institutional Investors Weigh In On Danaos

An institutional investor recently bought a new position in Danaos stock. Cubist Systematic Strategies LLC bought a new stake in Danaos Corporation (NYSE:DAC - Free Report) in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 2,858 shares of the shipping company's stock, valued at approximately $223,000. 19.01% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several brokerages have recently issued reports on DAC. Jefferies Financial Group boosted their price objective on shares of Danaos from $100.00 to $105.00 and gave the company a "buy" rating in a research note on Wednesday, May 14th. Wall Street Zen downgraded shares of Danaos from a "buy" rating to a "hold" rating in a research report on Wednesday, May 14th.

Danaos Company Profile

Danaos Corporation, together with its subsidiaries, provides container and drybulk vessels services in Australia, Asia, and Europe. The company offers seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of April 03, 2024, it had a fleet of 68 containerships aggregating 421,293 twenty-foot equivalent units in capacity.