NYSE:DAC - Danaos Stock Price, News, & Analysis

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$1.06 -0.09 (-7.83 %)
(As of 11/12/2018 04:00 PM ET)
Previous Close$1.15
Today's Range$1.04 - $1.06
52-Week Range$1.01 - $2.50
Volume500 shs
Average Volume76,620 shs
Market Capitalization$126.27 million
P/E Ratio0.99
Dividend YieldN/A
Beta0.86
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, 2018, it had a fleet of 55 containerships aggregating 327,616 twenty foot equivalent units. 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, Greece.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:DAC
Previous Symbol
CUSIPN/A
Phone30 210 41 96 480

Debt

Debt-to-Equity Ratio3.75
Current Ratio0.75
Quick Ratio0.70

Price-To-Earnings

Trailing P/E Ratio0.99
Forward P/E Ratio1.43
P/E GrowthN/A

Sales & Book Value

Annual Sales$451.73 million
Price / Sales0.26
Cash Flow$2.12 per share
Price / Cash0.50
Book Value$5.00 per share
Price / Book0.21

Profitability

EPS (Most Recent Fiscal Year)$1.05
Net Income$83.90 million
Net Margins14.58%
Return on Equity21.49%
Return on Assets3.98%

Miscellaneous

Employees1,145
Outstanding Shares109,800,000
Market Cap$126.27 million
OptionableNot Optionable

Danaos (NYSE:DAC) Frequently Asked Questions

What is Danaos' stock symbol?

Danaos trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAC."

How were Danaos' earnings last quarter?

Danaos Co. (NYSE:DAC) issued its quarterly earnings results on Monday, September, 24th. The shipping company reported $0.27 earnings per share for the quarter, topping the Zacks' consensus estimate of $0.23 by $0.04. The shipping company had revenue of $113.47 million for the quarter, compared to analyst estimates of $107.24 million. Danaos had a return on equity of 21.49% and a net margin of 14.58%. View Danaos' Earnings History.

When is Danaos' next earnings date?

Danaos is scheduled to release their next quarterly earnings announcement on Wednesday, November 14th 2018. View Earnings Estimates for Danaos.

What price target have analysts set for DAC?

1 brokerages have issued 12 month price targets for Danaos' shares. Their forecasts range from $2.00 to $2.00. On average, they expect Danaos' stock price to reach $2.00 in the next year. This suggests a possible upside of 92.3% from the stock's current price. View Analyst Price Targets for Danaos.

What is the consensus analysts' recommendation for Danaos?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Danaos in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Danaos.

Has Danaos been receiving favorable news coverage?

News headlines about DAC stock have trended positive on Monday, InfoTrie reports. InfoTrie scores the sentiment of press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Danaos earned a media sentiment score of 3.0 on InfoTrie's scale. They also assigned press coverage about the shipping company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an effect on the stock's share price in the next several days.

Who are some of Danaos' key competitors?

Who are Danaos' key executives?

Danaos' management team includes the folowing people:
  • Dr. John Coustas, Chairman, Pres & CEO (Age 62)
  • Mr. Evangelos Chatzis, CFO & Sec. (Age 45)
  • Mr. Iraklis Prokopakis, Sr. VP, COO, Treasurer & Director (Age 67)
  • Mr. Dimitris Vastarouchas, Deputy Chief Operating Officer (Age 50)

Who are Danaos' major shareholders?

Danaos' stock is owned by a variety of of institutional and retail investors. Top institutional investors include O Shaughnessy Asset Management LLC (0.13%) and Acadian Asset Management LLC (0.08%).

Which institutional investors are buying Danaos stock?

DAC stock was bought by a variety of institutional investors in the last quarter, including O Shaughnessy Asset Management LLC and Acadian Asset Management LLC.

How do I buy shares of Danaos?

Shares of DAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Danaos' stock price today?

One share of DAC stock can currently be purchased for approximately $1.04.

How big of a company is Danaos?

Danaos has a market capitalization of $126.27 million and generates $451.73 million in revenue each year. The shipping company earns $83.90 million in net income (profit) each year or $1.05 on an earnings per share basis. Danaos employs 1,145 workers across the globe.

What is Danaos' official website?

The official website for Danaos is http://www.danaos.com.

How can I contact Danaos?

Danaos' mailing address is 14 AKTI KONDYLI, Piraeus J3, 185 45. The shipping company can be reached via phone at 30 210 41 96 480 or via email at [email protected]


MarketBeat Community Rating for Danaos (NYSE DAC)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  116 (Vote Outperform)
Underperform Votes:  220 (Vote Underperform)
Total Votes:  336
MarketBeat's community ratings are surveys of what our community members think about Danaos and other stocks. Vote "Outperform" if you believe DAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 11/12/2018 by MarketBeat.com Staff

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