NYSE:DAC Danaos (DAC) Stock Price, News & Analysis $83.84 -0.26 (-0.31%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$82.46▼$84.1950-Day Range$83.96▼$97.0452-Week Range$62.37▼$98.25Volume107,806 shsAverage Volume106,637 shsMarket Capitalization$1.63 billionP/E Ratio2.85Dividend Yield3.82%Price Target$105.00 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Danaos alerts: Email Address Danaos MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside25.2% Upside$105.00 Price TargetShort InterestHealthy4.09% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.97Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-0.82%From $29.24 to $29.00 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.4.51 out of 5 starsTransportation Sector17th out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry4th out of 32 stocks 3.5 Analyst's Opinion Consensus RatingDanaos has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageDanaos has only been the subject of 1 research reports in the past 90 days.Read more about Danaos' stock forecast and price target. Previous Next 5.0 Short Interest Percentage of Shares Shorted4.09% of the float of Danaos has been sold short.Short Interest Ratio / Days to CoverDanaos has a short interest ratio ("days to cover") of 3.7, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Danaos has recently decreased by 7.84%, indicating that investor sentiment is improving significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipDanaos is a leading dividend payer. It pays a dividend yield of 3.78%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthDanaos does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Danaos is 10.86%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Danaos will have a dividend payout ratio of 11.03% next year. This indicates that Danaos will be able to sustain or increase its dividend.Read more about Danaos' dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for DAC. Previous Next 3.3 News and Social Media Coverage News SentimentDanaos has a news sentiment score of 0.97. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.42 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Danaos this week, compared to 2 articles on an average week.Search Interest3 people have searched for DAC on MarketBeat in the last 30 days. This is an increase of 50% compared to the previous 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Danaos insiders have not sold or bought any company stock.Percentage Held by Insiders41.00% of the stock of Danaos is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 19.01% of the stock of Danaos is held by institutions.Read more about Danaos' insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Danaos are expected to decrease by -0.82% in the coming year, from $29.24 to $29.00 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Danaos is 2.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.44.Price to Earnings Ratio vs. SectorThe P/E ratio of Danaos is 2.85, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.35.Price to Book Value per Share RatioDanaos has a P/B Ratio of 0.57. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Danaos' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Unstoppable Prosperity“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.You can find out what they are by clicking here now. About Danaos Stock (NYSE:DAC)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. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.Read More DAC Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart DAC Stock News HeadlinesJuly 20, 2024 | ca.finance.yahoo.comDAC Jan 2025 105.000 callJuly 19, 2024 | finance.yahoo.comAfter the recent decline, Danaos Corporation (NYSE:DAC) CEO John Coustas' holdings have lost 3.6% of their valueJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 29, 2024 | msn.comDanaos Corporation (NYSE:DAC) Q1 2024 Earnings Call TranscriptMay 29, 2024 | gurufocus.comQ1 2024 Danaos Corp Earnings Call TranscriptMay 28, 2024 | msn.comDanaos Navigates Rough Waters: Q1 Earnings Fall Short Despite Revenue Growth And Strategic ExpansionsMay 28, 2024 | investorplace.comDAC Stock Earnings: Danaos Misses EPS, Misses Revenue for Q1 2024May 28, 2024 | seekingalpha.comDanaos Q1 Earnings: 4 Reasons Why I Am Maintaining My Buy RatingJuly 26, 2024 | Unstoppable Prosperity (Ad)“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 special FREE Gifts during the event.May 28, 2024 | businesswire.comDanaos Corporation Reports First Quarter Results for Period Ended March 31, 2024May 27, 2024 | markets.businessinsider.comWhat Wall Street expects from Danaos's earningsMay 23, 2024 | seekingalpha.comDanaos: Could A Take Private Deal Be In The Works?May 22, 2024 | finance.yahoo.comReturns On Capital Are Showing Encouraging Signs At Danaos (NYSE:DAC)May 10, 2024 | businesswire.comDanaos Corporation Announces Date for the Release of First Quarter 2024 Results, Conference Call and WebcastApril 30, 2024 | finance.yahoo.comDanaos (DAC) Stock Moves -0.75%: What You Should KnowApril 29, 2024 | msn.comTop 4 Industrials Stocks That May Collapse This QuarterApril 29, 2024 | seekingalpha.comDanaos: The Valuation Math Still Heavily Favors BullsApril 18, 2024 | finance.yahoo.comDanaos (DAC) Stock Moves -0.15%: What You Should KnowSee More Headlines Receive DAC Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Danaos and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings5/28/2024Ex-Dividend for 6/20 Dividend6/11/2024Dividend Payable6/20/2024Today7/26/2024Next Earnings (Estimated)8/05/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:DAC CUSIPN/A CIK1369241 Webwww.danaos.com Phone302104196480Fax30 210 419 6480Employees1,718Year FoundedN/APrice Target and Rating Average Stock Price Target$105.00 High Stock Price Target$105.00 Low Stock Price Target$105.00 Potential Upside/Downside+25.6%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)$29.46 Trailing P/E Ratio2.84 Forward P/E Ratio2.86 P/E GrowthN/ANet Income$576.30 million Net Margins59.04% Pretax Margin59.04% Return on Equity18.99% Return on Assets15.50% Debt Debt-to-Equity Ratio0.14 Current Ratio3.89 Quick Ratio3.75 Sales & Book Value Annual Sales$973.58 million Price / Sales1.67 Cash Flow$33.98 per share Price / Cash Flow2.46 Book Value$148.22 per share Price / Book0.56Miscellaneous Outstanding Shares19,420,000Free Float11,457,000Market Cap$1.62 billion OptionableOptionable Beta1.51 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesDr. John Coustas (Age 68)Chairman, President & CEO Mr. Evangelos Chatzis (Age 51)VP, CFO, Treasurer & Secretary Mr. Dimitris Vastarouchas (Age 56)VP & COO Mr. Filippos Prokopakis (Age 41)Chief Commercial Officer Key CompetitorsFrontlineNYSE:FROScorpio TankersNYSE:STNGTORMNASDAQ:TRMDCadeler A/SNYSE:CDLRZIM Integrated Shipping ServicesNYSE:ZIMView All CompetitorsInstitutional OwnershipHarel Insurance Investments & Financial Services Ltd.Sold 700 shares on 7/22/2024Ownership: 0.005%Blue Trust Inc.Bought 1,143 shares on 7/18/2024Ownership: 0.006%Redhawk Wealth Advisors Inc.Sold 583 shares on 7/17/2024Ownership: 0.042%Ballew Advisors IncBought 2,750 shares on 7/17/2024Ownership: 0.014%SG Americas Securities LLCBought 1,200 shares on 7/12/2024Ownership: 0.006%View All Institutional Transactions DAC Stock Analysis - Frequently Asked Questions How have DAC shares performed this year? Danaos' stock was trading at $74.06 at the start of the year. Since then, DAC stock has increased by 13.2% and is now trading at $83.84. View the best growth stocks for 2024 here. How were Danaos' earnings last quarter? Danaos Co. (NYSE:DAC) released its earnings results on Tuesday, May, 28th. The shipping company reported $7.15 EPS for the quarter, missing analysts' consensus estimates of $7.71 by $0.56. The shipping company earned $253.45 million during the quarter. Danaos had a trailing twelve-month return on equity of 18.99% and a net margin of 59.04%. What is John Coustas' approval rating as Danaos' CEO? 4 employees have rated Danaos Chief Executive Officer John Coustas on Glassdoor.com. John Coustas has an approval rating of 100% among the company's employees. This puts John Coustas in the top 10% of approval ratings compared to other CEOs of publicly-traded companies. Who are Danaos' major shareholders? Top institutional shareholders of Danaos include Redhawk Wealth Advisors Inc. (0.04%), Ballew Advisors Inc (0.01%), SG Americas Securities LLC (0.01%) and Blue Trust Inc. (0.01%). View institutional ownership trends. How do I buy shares of Danaos? Shares of DAC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. What other stocks do shareholders of Danaos own? Based on aggregate information from My MarketBeat watchlists, some other companies that Danaos investors own include NVIDIA (NVDA), Energy Transfer (ET), New Residential Investment (NRZ), Capital Product Partners (CPLP), New York Mortgage Trust (NYMT), AT&T (T) and Enbridge (ENB). 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