Danaos Corporation Company Profile (NYSE:DAC)

About Danaos Corporation

Danaos Corporation 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.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Exchange: NYSE
  • Symbol: DAC
  • CUSIP:
Key Metrics:
  • Previous Close: $2.50
  • 50 Day Moving Average: $2.61
  • 200 Day Moving Average: $2.87
  • 52-Week Range: $2.15 - $4.90
  • Trailing P/E Ratio: 3.22
  • Foreward P/E Ratio: 2.90
  • P/E Growth: 1.03
  • Market Cap: $279.99M
  • Outstanding Shares: 109,799,000
  • Beta: 1.11
Profitability:
  • Net Margins: 16.41%
  • Return on Equity: 18.38%
  • Return on Assets: 4.49%
Debt:
  • Current Ratio: 0.07%
  • Quick Ratio: 0.06%
Additional Links:
Companies Related to Danaos Corporation:

Analyst Ratings

Consensus Ratings for Danaos Corporation (NYSE:DAC) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $5.00 (96.08% upside)

Analysts' Ratings History for Danaos Corporation (NYSE:DAC)
Show:
DateFirmActionRatingPrice TargetDetails
1/10/2017Clarkson CapitalReiterated RatingNeutralView Rating Details
9/12/2016Jefferies Group LLCReiterated RatingHoldView Rating Details
5/4/2015Credit Suisse GroupReiterated RatingNeutral$6.00 -> $7.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Danaos Corporation (NYSE:DAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/27/2017        
2/21/2017Q416$0.20$0.21$107.30 million$112.10 millionViewN/AView Earnings Details
12/15/2016Q316$0.47$0.21$111.80 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$0.39$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
5/5/2014$0.08$0.06ViewN/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

Earnings Estimates for Danaos Corporation (NYSE:DAC)
Current Year EPS Consensus Estimate: $0.81 EPS
Next Year EPS Consensus Estimate: $0.88 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.36$0.45$0.41
Q2 20162$0.41$0.46$0.44
Q3 20162$0.39$0.46$0.43
Q4 20162$0.39$0.47$0.43
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 Corporation (NYSE:DAC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Danaos Corporation (NYSE:DAC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Latest Headlines for Danaos Corporation (NYSE:DAC)
DateHeadline
4-traders.com logoDanaos : reports 4Q loss (NYSE:DAC)
www.4-traders.com - February 22 at 9:56 PM
seekingalpha.com logoDanaos' (DAC) CEO John Coustas on Q4 2016 Results - Earnings Call Transcript (NYSE:DAC)
seekingalpha.com - February 22 at 9:56 PM
biz.yahoo.com logoQ4 2016 Danaos Corp Earnings Release - After Market Close (NYSE:DAC)
us.rd.yahoo.com - February 22 at 5:26 AM
us.rd.yahoo.com logoDanaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2016 (NYSE:DAC)
us.rd.yahoo.com - February 22 at 5:26 AM
sg.finance.yahoo.com logoDanaos reports 4Q loss (NYSE:DAC)
sg.finance.yahoo.com - February 22 at 5:26 AM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of Fourth Quarter 2016 Results, Conference Call and Webcast (NYSE:DAC)
finance.yahoo.com - February 16 at 1:59 PM
seekingalpha.com logoA Better Approach To Ship Valuations (NYSE:DAC)
seekingalpha.com - January 25 at 10:49 PM
News IconDanaos Corporation (NYSE:DAC) Under Analyst Spotlight (NYSE:DAC)
www.hellenicshippingnews.com - January 21 at 4:39 PM
finance.yahoo.com logoWhat Makes Danaos (DAC) a Strong Sell? (NYSE:DAC)
finance.yahoo.com - December 22 at 4:52 PM
seekingalpha.com logoDanaos' (DAC) CEO John Coustas on Q3 2016 Results - Earnings Call Transcript (NYSE:DAC)
seekingalpha.com - December 16 at 5:06 PM
thestreet.com logoDryShips Shares Float Higher Again With New Loan (NYSE:DAC)
www.thestreet.com - December 16 at 5:06 PM
streetinsider.com logoDanaos Corporation (DAC) Misses Q3 EPS by 26c (NYSE:DAC)
www.streetinsider.com - December 16 at 3:08 AM
biz.yahoo.com logoQ3 2016 Danaos Corp Earnings Release - After Market Close (NYSE:DAC)
us.rd.yahoo.com - December 15 at 10:08 PM
us.rd.yahoo.com logoDanaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2016 (NYSE:DAC)
us.rd.yahoo.com - December 15 at 10:08 PM
us.rd.yahoo.com logo4:32 pm Danaos misses by $0.08, misses on revs (NYSE:DAC)
us.rd.yahoo.com - December 15 at 10:08 PM
4-traders.com logoDanaos Corporation : (DAC) Gains with Earnings Set to Post (NYSE:DAC)
www.4-traders.com - December 15 at 5:05 PM
sg.finance.yahoo.com logoDanaos reports 3Q loss (NYSE:DAC)
sg.finance.yahoo.com - December 15 at 5:05 PM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of Third Quarter 2016 Results, Conference Call and Webcast (NYSE:DAC)
finance.yahoo.com - December 13 at 5:19 PM
finance.yahoo.com logoShipping Stocks' Q3 Earnings Round the Corner: GOGL, DAC (NYSE:DAC)
finance.yahoo.com - November 21 at 9:30 AM
fool.com logoWhy Shipping Stocks Skyrocketed Higher Today (NYSE:DAC)
www.fool.com - November 15 at 4:55 PM
seekingalpha.com logoIMO Emissions Mandate Update: A Comprehensive Review Of Options (NYSE:DAC)
seekingalpha.com - November 14 at 4:45 PM
fool.com logoBest of the Worst: Can We Find a Container Shipping Company to Invest In? (NYSE:DAC)
www.fool.com - November 8 at 11:14 AM
fxpips.com logoTransportation Stocks – Top Gainers and Losers at the Close (NYSE:DAC)
www.fxpips.com - October 26 at 7:53 AM
seekingalpha.com logoTransports Week In Review - Rail Operators Weigh On Performance, But Overall Transports Remain Solid (NYSE:DAC)
seekingalpha.com - October 25 at 9:27 AM
fidaily.com logoDanaos Corporation Common Stock (DAC) Reached a 52-Week Low (NYSE:DAC)
www.fidaily.com - October 12 at 4:47 PM
finance.yahoo.com logoCapital Link's 6th Annual Operational Excellence & Maritime CSR Forum Wednesday, November 2, 2016 in London, UK (NYSE:DAC)
finance.yahoo.com - October 10 at 9:21 AM
fidaily.com logoDanaos Corporation Common Stock (DAC) Saw a New 52-Week Low (NYSE:DAC)
www.fidaily.com - September 29 at 9:32 AM
fxpips.com logoTransportation Stocks at a Glance – Biggest Gainers and Losers, Sept. 7 (NYSE:DAC)
www.fxpips.com - September 7 at 6:02 AM
seekingalpha.com logoTransports Week In Review - Supply Chain Chaos As Hanjin Shipping Enters Receivership (NYSE:DAC)
seekingalpha.com - September 3 at 9:10 AM
forbes.com logoThursday Sector Laggards: Apparel Stores, Shipping Stocks (NYSE:DAC)
www.forbes.com - September 1 at 4:27 PM
finance.yahoo.com logo8:01 am Danaos received notice that Hanjin Shipping has filed for receivership with the Seoul Central District Court and requested that the court freeze its assets (NYSE:DAC)
finance.yahoo.com - September 1 at 9:45 AM
publicnow.com logoDanaos Corporation Receives Notice that Counterparty has Entered into Court Receivership (NYSE:DAC)
www.publicnow.com - September 1 at 9:45 AM
capitalcube.com logoDanaos Corp. breached its 50 day moving average in a Bearish Manner : DAC-US : August 18, 2016 (NYSE:DAC)
www.capitalcube.com - August 18 at 8:49 AM
fool.com logo3 Things Seaspan Corporation's CEO Wants You to Know (NYSE:DAC)
www.fool.com - August 15 at 4:42 PM
finance.yahoo.com logoNavigator Holdings (NVGS) in Focus: Stock Up 7% in Session (NYSE:DAC)
finance.yahoo.com - August 11 at 9:11 AM
zacks.com logoShould You Get Rid of Kirby (KEX) Now? (NYSE:DAC)
www.zacks.com - August 10 at 4:42 PM
capitalcube.com logoDanaos Corp. :DAC-US: Earnings Analysis: Q2, 2016 By the Numbers : August 10, 2016 (NYSE:DAC)
www.capitalcube.com - August 10 at 4:42 PM
finance.yahoo.com logoArdmore Shipping (ASC) in Focus: Stock Moves 9.4% Higher (NYSE:DAC)
finance.yahoo.com - August 3 at 9:30 AM
zacks.com logoExpeditors (EXPD) Gains on Q2 Earnings Beat, Revs Miss (NYSE:DAC)
www.zacks.com - August 2 at 4:40 PM
seekingalpha.com logoDanaos Corporation's (DAC) CEO John Coustas Q2 2016 Results - Earnings Call Transcript (NYSE:DAC)
seekingalpha.com - August 2 at 4:40 PM
finance.yahoo.com logoTired of Bargain Hunting? Bet on 6 Stocks with Rising P/E (NYSE:DAC)
finance.yahoo.com - August 2 at 9:23 AM
sg.finance.yahoo.com logoDanaos posts 2Q profit (NYSE:DAC)
sg.finance.yahoo.com - August 2 at 9:23 AM
biz.yahoo.com logoQ2 2016 Danaos Corp Earnings Release - After Market Close (NYSE:DAC)
biz.yahoo.com - August 1 at 7:07 AM
zacks.com logoTransport Stocks' Q2 Earnings on Aug 1: DAC, RAIL & Others (NYSE:DAC)
www.zacks.com - July 29 at 8:23 AM
seekingalpha.com logoA 10% Yield Floats This Boat, While A Rising Tide Is Sure To Lift It Higher (NYSE:DAC)
seekingalpha.com - July 22 at 4:31 PM
4-traders.com logoDanaos Corporation : Announces Date for the Release of Second Quarter 2016 Results, Conference Call and Webcast (NYSE:DAC)
www.4-traders.com - July 21 at 4:40 PM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of Second Quarter 2016 Results, Conference Call and Webcast (NYSE:DAC)
finance.yahoo.com - July 21 at 4:30 PM
finance.yahoo.com logoStar Bulk Carriers (SBLK) in Focus: Stock Up 5.3% in Session (NYSE:DAC)
finance.yahoo.com - July 20 at 8:05 AM
4-traders.com logoMonday Sector Leaders: Shipping, Music & Electronics Stores (NYSE:DAC)
www.4-traders.com - July 19 at 10:41 AM
finance.yahoo.com logoZacks.com featured highlights: Stamps.com, ReneSola and Danaos (NYSE:DAC)
finance.yahoo.com - July 19 at 9:30 AM

Social

What is Danaos Corporation's stock symbol?

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

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

2 brokers have issued twelve-month price targets for Danaos Corporation's stock. Their forecasts range from $5.00 to $5.00. On average, they anticipate Danaos Corporation's stock price to reach $5.00 in the next twelve months.

When will Danaos Corporation announce their earnings?

Danaos Corporation is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

How do I buy Danaos Corporation stock?

Shares of Danaos Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Danaos Corporation stock cost?

One share of Danaos Corporation stock can currently be purchased for approximately $2.55.

Danaos Corporation (NYSE:DAC) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Danaos Corporation (NYSE:DAC)

Earnings History Chart

Earnings by Quarter for Danaos Corporation (NYSE:DAC)

Dividend History Chart

Dividend Payments by Quarter for Danaos Corporation (NYSE:DAC)

Last Updated on 2/25/2017 by MarketBeat.com Staff