Danaos (DAC) Set to Release Earnings on Monday

Key Points

• Danaos is expected to report Q3 2026 results after the market closes on November 9. Analysts forecast earnings of $7.39 per share and revenue of $276.63 million; the earnings call is scheduled for November 17.
• The company exceeded expectations in its latest quarter, reporting EPS of $7.29 versus the $6.80 consensus and revenue of $274.37 million versus estimates of $258.27 million.
• Danaos raised its quarterly dividend to $1.00 from $0.90, implying a $4.00 annual payout and a 2.5% yield. Analysts are broadly bullish, with three firms rating the stock Strong Buy.

Danaos (NYSE:DAC - Get Free Report) is projected to issue its Q3 2026 results after the market closes on Monday, November 9th. Analysts expect Danaos to post earnings of $7.39 per share and revenue of $276.63 million for the quarter. Investors may visit the company's upcoming Q3 2026 earnings summary page for the latest details on the call scheduled for Tuesday, November 17, 2026 at 9:00 AM ET.

Danaos (NYSE:DAC - Get Free Report) last posted its earnings results on Monday, August 3rd. The shipping company reported $7.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.80 by $0.49. The business had revenue of $274.37 million for the quarter, compared to analyst estimates of $258.27 million. Danaos had a net margin of 51.26% and a return on equity of 13.20%.

Danaos Stock Performance

DAC opened at $157.28 on Monday. The firm's fifty day simple moving average is $157.71 and its two-hundred day simple moving average is $130.47. Danaos has a 52-week low of $89.07 and a 52-week high of $172.76. The company has a market cap of $2.86 billion, a price-to-earnings ratio of 5.32 and a beta of 0.87. The company has a quick ratio of 9.15, a current ratio of 9.30 and a debt-to-equity ratio of 0.29.

Danaos Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, October 22nd. Shareholders of record on Tuesday, October 13th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 2.5%. The ex-dividend date was Tuesday, October 13th. This is a positive change from Danaos's previous quarterly dividend of $0.90. Danaos's dividend payout ratio (DPR) is presently 13.54%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on DAC shares. Freedom Capital raised shares of Danaos from a "hold" rating to a "strong-buy" rating in a research report on Wednesday, August 5th. Weiss Ratings raised Danaos from a "buy (a-)" rating to a "buy (a)" rating in a research report on Thursday, October 8th. Three research analysts have rated the stock with a Strong Buy rating. Based on data from MarketBeat.com, the company currently has an average rating of "Strong Buy".

About Danaos

Danaos Corporation NYSE: DAC is a maritime transportation company that owns and operates containerships used to transport containerized cargo around the world. The company primarily charters its vessels to major container shipping companies under a range of short- and long-term agreements.

Founded in 1972, Danaos has developed an international fleet serving major trade routes and ports across Asia, Europe, North America and other global markets. Its operations support the movement of manufactured goods, consumer products and other cargo transported in standardized shipping containers.

The company is headquartered in Piraeus, Greece, and is led by Chairman and Chief Executive Officer Dr.

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