Danaos Stock Price, News & Analysis (NYSE:DAC)

$1.45 0.05 (3.57 %)
(As of 12/15/2017 04:00 PM ET)
Previous Close$1.45
Today's Range$1.35 - $1.45
52-Week Range$1.25 - $3.20
Volume27,532 shs
Average Volume102,870 shs
Market Capitalization$162.05 million
P/E Ratio1.46
Dividend YieldN/A
Beta1.31

About Danaos (NYSE:DAC)

Danaos logoDanaos Corporation is a holding company and an international owner of containerships, chartering its vessels to a range of liner companies. The Company's principal business is the acquisition and operation of vessels. The Company conducts its operations through the vessel owning companies, whose principal activity is the ownership and operation of containerships that are under the management of a related party of the company. The Company's manager is Danaos Shipping Company Limited (Danaos Shipping). The Company has a fleet of over 50 containerships aggregating approximately 329,590 twenty-foot equivalent units (TEUs). Its containership fleet includes approximately 53 containerships deployed on time charters and approximately two containerships deployed on bareboat charter. Gemini Shipholdings Corporation (Gemini), a company beneficially owned by the Company, owns approximately four additional containerships of over 24,000 TEU aggregate capacity.

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Industry, Sector and Symbol

Industry Deep Sea Freight
Sub-IndustryN/A
SectorDeep Sea Freight
SymbolNYSE:DAC
CUSIPN/A
Phone+30-21-04196480

Debt

Debt-to-Equity RatioN/A
Current Ratio0.05%
Quick Ratio0.05%

Price-To-Earnings

Trailing P/E Ratio1.46
Forward P/E Ratio1.96
P/E GrowthN/A

Sales & Book Value

Annual Sales$498.33 million
Price / Sales0.32
Cash Flow$2.84 per share
Price / Cash0.51
Book Value$4.44 per share
Price / Book0.33

Profitability

Trailing EPS($3.79)
Net Income$-366,190,000.00
Net Margins-85.72%
Return on Equity21.68%
Return on Assets3.50%

Miscellaneous

Employees1,196
Outstanding Shares109,800,000

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 Corporation (NYSE:DAC) announced its earnings results on Monday, October, 30th. The shipping company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. The shipping company earned $113.59 million during the quarter, compared to the consensus estimate of $107.58 million. Danaos had a negative net margin of 85.72% and a positive return on equity of 21.68%. Danaos's revenue was up 1.6% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.21 EPS. View Danaos' Earnings History.

When will Danaos make its next earnings announcement?

Danaos is scheduled to release their next quarterly earnings announcement on Tuesday, February, 20th 2018. View Earnings Estimates for Danaos.

Where is Danaos' stock going? Where will Danaos' stock price be in 2017?

2 analysts have issued twelve-month price objectives for Danaos' shares. Their forecasts range from $3.00 to $3.00. On average, they expect Danaos' stock price to reach $3.00 in the next twelve months. View Analyst Ratings for Danaos.

Who are some of Danaos' key competitors?

Who are Danaos' key executives?

Danaos' management team includes the folowing people:

  • John Coustas Ph.D., President, Chief Executive Officer, Director (Age 58)
  • Evangelos Chatzis, Chief Financial Officer, Secretary (Age 41)
  • Iraklis Prokopakis, Chief Operating Officer, Senior Vice President, Treasurer, Director (Age 63)
  • Dimitris Vastarouchas, Deputy Chief Operating Officer, Technical Director (Age 46)
  • William C. Repko, Director (Age 66)
  • George Economou, Independent Director (Age 61)
  • Myles R. Itkin, Independent Director (Age 66)
  • Miklos Konkoly-Thege, Independent Director (Age 71)

Who owns Danaos stock?

Danaos' stock is owned by many different of retail and institutional investors. Top institutional shareholders include Neuberger Berman Group LLC (1.65%). View Institutional Ownership Trends for Danaos.

Who bought Danaos stock? Who is buying Danaos stock?

Danaos' stock was bought by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC. View Insider Buying and Selling for Danaos.

How do I buy Danaos stock?

Shares of Danaos 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 Danaos stock can currently be purchased for approximately $1.45.

How big of a company is Danaos?

Danaos has a market capitalization of $162.05 million and generates $498.33 million in revenue each year. The shipping company earns $-366,190,000.00 in net income (profit) each year or ($3.79) on an earnings per share basis. Danaos employs 1,196 workers across the globe.

How can I contact Danaos?

Danaos' mailing address is 14 Akti Kondyli, 185 45 Piraeus, PEIRAIAS, 00000, Greece. The shipping company can be reached via phone at +30-21-04196480 or via email at [email protected]


MarketBeat Community Rating for Danaos (DAC)

Community Ranking:  1.6 out of 5 (star)
Outperform Votes:  63 (Vote Outperform)
Underperform Votes:  133 (Vote Underperform)
Total Votes:  196
MarketBeat's community ratings are surveys of what our community members think about Danaos and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Danaos (NYSE:DAC) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.002.00
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $3.00$3.00$3.00$3.00
Price Target Upside: 100.00% upside100.00% upside103.39% upside81.82% upside

Danaos (NYSE:DAC) Consensus Price Target History

Price Target History for Danaos (NYSE:DAC)

Danaos (NYSE:DAC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
10/24/2017Jefferies GroupReiterated RatingHold$3.00N/AView Rating Details
1/10/2017Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
(Data available from 12/16/2015 forward)

Earnings

Danaos (NYSE:DAC) Earnings History and Estimates Chart

Earnings by Quarter for Danaos (NYSE:DAC)

Danaos (NYSE DAC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/19/2018$0.22N/AView Earnings Details
10/30/2017Q3$0.23$0.27$107.58 million$113.59 millionViewN/AView Earnings Details
7/31/20176/30/2017$0.21$0.26$108.01 million$113.88 millionViewN/AView Earnings Details
5/30/20173/31/2017$0.18$0.22$104.37 million$110.10 millionViewN/AView Earnings Details
2/21/2017Q416$0.20$0.21$107.30 million$112.10 millionViewN/AView Earnings Details
12/15/2016Q316$0.47$0.21$122.28 million$111.75 millionViewN/AView Earnings Details
8/1/2016Q216$0.42$0.43$135.57 million$137.00 millionViewN/AView Earnings Details
5/4/2016Q116$0.41$0.43$138.95 million$137.47 millionViewN/AView Earnings Details
2/16/2016Q415$0.38$0.43$141.04 million$143.30 millionViewListenView Earnings Details
11/3/2015Q315$0.34$0.40$138.93 million$144.54 millionViewN/AView Earnings Details
8/3/2015Q215$0.28$0.35$137.22 million$141.50 millionViewN/AView Earnings Details
4/27/2015Q115$0.21$0.28$136.60 million$138.61 millionViewN/AView Earnings Details
2/9/2015Q414$0.17$0.21$136.60 million$140.70 millionViewN/AView Earnings Details
10/29/2014Q314$0.12$0.16$213.30 million$139.50 millionViewN/AView Earnings Details
7/28/2014Q113$0.12$0.11$134.60 million$136.40 millionViewN/AView Earnings Details
5/5/2014Q1 2014$0.07$0.06$129.71 million$135.49 millionViewN/AView Earnings Details
2/10/2014Q4 13$0.12$0.14ViewN/AView Earnings Details
11/5/2012Q312$0.17$0.14$148.57 million$156.30 millionViewN/AView Earnings Details
7/30/2012$0.18$0.15ViewN/AView Earnings Details
5/9/2012$0.05$0.16ViewN/AView Earnings Details
2/21/2012$0.16$0.15ViewN/AView Earnings Details
11/7/2011$0.15$0.16ViewN/AView Earnings Details
7/25/2011$0.13$0.15ViewN/AView Earnings Details
5/5/2011$0.04$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Danaos (NYSE:DAC) Earnings Estimates

2017 EPS Consensus Estimate: $0.82
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.17$0.17$0.17
Q2 20171$0.21$0.21$0.21
Q3 20171$0.22$0.22$0.22
Q4 20171$0.22$0.22$0.22
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Danaos (NYSE:DAC)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Danaos (NYSE DAC)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Danaos (NYSE DAC) News Headlines

Source:
DateHeadline
Danaos Corporation (DAC) Given Average Recommendation of "Hold" by BrokeragesDanaos Corporation (DAC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - December 11 at 6:28 PM
Danaos Corporation (DAC) Receives Average Rating of "Hold" from BrokeragesDanaos Corporation (DAC) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - November 16 at 4:16 PM
Danaos Corp. :DAC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017Danaos Corp. :DAC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017
finance.yahoo.com - November 9 at 12:25 AM
Head to Head Contrast: Tsakos Energy Navigation (TNP) versus Danaos Corporation (DAC)Head to Head Contrast: Tsakos Energy Navigation (TNP) versus Danaos Corporation (DAC)
www.americanbankingnews.com - November 7 at 10:58 AM
Danaos (DAC) CEO Dr. John Coustas on Q3 2017 Results - Earnings Call TranscriptDanaos' (DAC) CEO Dr. John Coustas on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - November 1 at 12:02 AM
Danaos Corporation to Host Earnings CallDanaos Corporation to Host Earnings Call
finance.yahoo.com - October 31 at 7:00 PM
Danaos Corporation (DAC) Posts Quarterly  Earnings Results, Beats Estimates By $0.04 EPSDanaos Corporation (DAC) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - October 31 at 8:34 AM
What Is Danaos Corporation’s (DAC) Share Price Doing?What Is Danaos Corporation’s (DAC) Share Price Doing?
finance.yahoo.com - October 30 at 6:25 PM
Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2017Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2017
finance.yahoo.com - October 30 at 6:25 PM
Danaos posts 3Q profitDanaos posts 3Q profit
finance.yahoo.com - October 30 at 6:25 PM
Danaos Corporation Announces Date for the Release of Third Quarter 2017 Results, Conference Call and WebcastDanaos Corporation Announces Date for the Release of Third Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - October 28 at 12:59 AM
Comparing Hornbeck Offshore Services (HOS) and Danaos Corporation (DAC)Comparing Hornbeck Offshore Services (HOS) and Danaos Corporation (DAC)
www.americanbankingnews.com - October 26 at 1:38 PM
Danaos Corporation (DAC) Cut to "Sell" at Zacks Investment ResearchDanaos Corporation (DAC) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - October 24 at 8:00 PM
Danaos Corporation (DAC) Receives Average Recommendation of "Hold" from AnalystsDanaos Corporation (DAC) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - October 22 at 4:44 PM
Head-To-Head Contrast: Ardmore Shipping Corporation (ASC) versus Danaos Corporation (DAC)Head-To-Head Contrast: Ardmore Shipping Corporation (ASC) versus Danaos Corporation (DAC)
www.americanbankingnews.com - October 18 at 10:20 PM
DryShips (DRYS) versus Danaos Corporation (DAC) Financial ReviewDryShips (DRYS) versus Danaos Corporation (DAC) Financial Review
www.americanbankingnews.com - October 14 at 2:20 AM
Reviewing Danaos Corporation (DAC) and International Seaways (INSW)Reviewing Danaos Corporation (DAC) and International Seaways (INSW)
www.americanbankingnews.com - October 13 at 4:38 PM
Danaos Corporation (DAC) Receives Average Recommendation of "Hold" from BrokeragesDanaos Corporation (DAC) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 27 at 4:54 PM
Analyzing Danaos Corporation (DAC) and Its CompetitorsAnalyzing Danaos Corporation (DAC) and Its Competitors
www.americanbankingnews.com - September 24 at 10:08 PM
Financial Contrast: Danaos Corporation (DAC) vs. Ardmore Shipping Corporation (ASC)Financial Contrast: Danaos Corporation (DAC) vs. Ardmore Shipping Corporation (ASC)
www.americanbankingnews.com - September 23 at 8:32 AM
Head to Head Comparison: Danaos Corporation (DAC) and Its PeersHead to Head Comparison: Danaos Corporation (DAC) and Its Peers
www.americanbankingnews.com - September 22 at 6:06 AM
Analyzing Danaos Corporation (DAC) and Its RivalsAnalyzing Danaos Corporation (DAC) and Its Rivals
www.americanbankingnews.com - September 18 at 4:28 AM
Danaos Corp. :DAC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017Danaos Corp. :DAC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017
finance.yahoo.com - September 11 at 6:22 PM
Friday Sector Leaders: Shipping, Apparel Stores - Presented by: The Aol. On NetworkFriday Sector Leaders: Shipping, Apparel Stores - Presented by: The Aol. On Network
www.nasdaq.com - August 26 at 5:24 AM
Danaos Corporation (DAC) Given "Hold" Rating at Jefferies Group LLCDanaos Corporation (DAC) Given "Hold" Rating at Jefferies Group LLC
www.americanbankingnews.com - August 16 at 12:50 PM
Comparing Safe Bulkers (SB) & Danaos Corporation (NYSE:DAC)Comparing Safe Bulkers (SB) & Danaos Corporation (NYSE:DAC)
www.americanbankingnews.com - August 12 at 4:22 PM
Contrasting Diana Containerships (DCIX) and Danaos Corporation (DAC)Contrasting Diana Containerships (DCIX) and Danaos Corporation (DAC)
www.americanbankingnews.com - August 9 at 8:40 AM
Thursday Sector Laggards: Shipping, Oil & Gas Exploration & Production StocksThursday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks
www.nasdaq.com - August 3 at 7:11 PM
Danaos (DAC) CEO John Coustas on Q2 2017 Results - Earnings Call TranscriptDanaos' (DAC) CEO John Coustas on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 1 at 11:26 PM
Investor Network: Danaos Corporation to Host Earnings CallInvestor Network: Danaos Corporation to Host Earnings Call
finance.yahoo.com - August 1 at 6:26 PM
Danaos Corporation (NYSE:DAC) Releases Quarterly  Earnings ResultsDanaos Corporation (NYSE:DAC) Releases Quarterly Earnings Results
www.americanbankingnews.com - August 1 at 11:28 AM
Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2017Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2017
finance.yahoo.com - July 31 at 5:35 PM
Danaos Corporation Announces Date for the Release of Second Quarter 2017 Results, Conference Call and WebcastDanaos Corporation Announces Date for the Release of Second Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - July 28 at 7:43 PM
Danaos Corporation (DAC) Receives Consensus Recommendation of "Hold" from BrokeragesDanaos Corporation (DAC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 14 at 6:45 PM
Danaos Corporation (DAC) Receives "Hold" Rating from Jefferies Group LLCDanaos Corporation (DAC) Receives "Hold" Rating from Jefferies Group LLC
www.americanbankingnews.com - July 10 at 8:38 AM
Danaos (DAC) CEO John Coustas on Q4 2016 Results - Earnings Call TranscriptDanaos' (DAC) CEO John Coustas on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 22 at 9:56 PM
Q4 2016 Danaos Corp Earnings Release - After Market CloseQ4 2016 Danaos Corp Earnings Release - After Market Close
us.rd.yahoo.com - February 22 at 5:26 AM
Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2016Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2016
us.rd.yahoo.com - February 22 at 5:26 AM
A Better Approach To Ship ValuationsA Better Approach To Ship Valuations
seekingalpha.com - January 25 at 10:49 PM
Danaos (DAC) CEO John Coustas on Q3 2016 Results - Earnings Call TranscriptDanaos' (DAC) CEO John Coustas on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - December 16 at 5:06 PM
DryShips Shares Float Higher Again With New LoanDryShips Shares Float Higher Again With New Loan
www.thestreet.com - December 16 at 5:06 PM
Danaos Corporation (DAC) Misses Q3 EPS by 26cDanaos Corporation (DAC) Misses Q3 EPS by 26c
www.streetinsider.com - December 16 at 3:08 AM
Q3 2016 Danaos Corp Earnings Release - After Market CloseQ3 2016 Danaos Corp Earnings Release - After Market Close
us.rd.yahoo.com - December 15 at 10:08 PM
Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2016Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2016
us.rd.yahoo.com - December 15 at 10:08 PM
4:32 pm Danaos misses by $0.08, misses on revs4:32 pm Danaos misses by $0.08, misses on revs
us.rd.yahoo.com - December 15 at 10:08 PM
Why Shipping Stocks Skyrocketed Higher TodayWhy Shipping Stocks Skyrocketed Higher Today
www.fool.com - November 15 at 4:55 PM
IMO Emissions Mandate Update: A Comprehensive Review Of OptionsIMO Emissions Mandate Update: A Comprehensive Review Of Options
seekingalpha.com - November 14 at 4:45 PM
Best of the Worst: Can We Find a Container Shipping Company to Invest In?Best of the Worst: Can We Find a Container Shipping Company to Invest In?
www.fool.com - November 8 at 11:14 AM
Transports Week In Review - Rail Operators Weigh On Performance, But Overall Transports Remain SolidTransports Week In Review - Rail Operators Weigh On Performance, But Overall Transports Remain Solid
seekingalpha.com - October 25 at 9:27 AM
Transports Week In Review - Supply Chain Chaos As Hanjin Shipping Enters ReceivershipTransports Week In Review - Supply Chain Chaos As Hanjin Shipping Enters Receivership
seekingalpha.com - September 3 at 9:10 AM

SEC Filings

Danaos (NYSE:DAC) SEC Filings

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Social Media

Financials

Danaos (NYSE:DAC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Danaos (NYSE DAC) Stock Chart for Saturday, December, 16, 2017

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This page was last updated on 12/16/2017 by MarketBeat.com Staff

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