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.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Phone30 210 41 96 480
Debt
Current Ratio0.50
Quick Ratio0.46
Price-To-Earnings
Sales & Book Value
Annual Sales$451.73 million
Price / Sales0.21
Price / Cash Flow0.42
Price / Book0.18
Profitability
Net Income$83.90 million
Net Margins37.36%
Return on Assets4.25%
Miscellaneous
Employees1,145
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 earnings results on Wednesday, November, 14th. The shipping company reported $0.23 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.15 by $0.08. The shipping company had revenue of $117.78 million for the quarter, compared to analyst estimates of $107.19 million. Danaos had a net margin of 37.36% and a return on equity of 19.58%. View Danaos' Earnings History.
When is Danaos' next earnings date?
What price target have analysts set for DAC?
1 brokers have issued 12-month target prices for Danaos' shares. Their predictions range from $2.00 to $2.00. On average, they anticipate Danaos' stock price to reach $2.00 in the next year. This suggests a possible upside of 127.3% 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 negative recently, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Danaos earned a news sentiment score of -2.5 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an effect on the stock's share price in the next several days.
Who are some of Danaos' key competitors?
Some companies that are related to Danaos include Eagle Bulk Shipping (EGLE), Genco Shipping & Trading (GNK), Teekay (TK), Diana Shipping (DSX), Dorian LPG (LPG), Capital Product Partners (CPLP), SEACOR Marine (SMHI), TSAKOS ENERGY N/SH (TNP), Safe Bulkers (SB), Navios Maritime Partners (NMM), Overseas Shipholding Group (OSG), Ardmore Shipping (ASC), Pangaea Logistics Solutions (PANL), StealthGas (GASS) and Navios Maritime Midstream Partners (NAP).
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)
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 $0.88.
How big of a company is Danaos?
Danaos has a market capitalization of $105.75 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?
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)
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.
