Danaos Company Profile (NYSE:DAC)

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.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Shipping
  • Sub-Industry: N/A
  • Symbol: NYSE:DAC
  • CUSIP: N/A
  • Web: www.danaos.com
Capitalization:
  • Market Cap: $137.25 million
  • Outstanding Shares: 109,799,000
Average Prices:
  • 50 Day Moving Avg: $1.60
  • 200 Day Moving Avg: $2.30
  • 52 Week Range: $1.25 - $4.90
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 1.42
  • P/E Growth: 0.51
Sales & Book Value:
  • Annual Revenue: $498.33 million
  • Price / Sales: 0.28
  • Book Value: $4.44 per share
  • Price / Book: 0.28
Profitability:
  • EBIDTA: $331.56 million
  • Net Margins: 16.41%
  • Return on Equity: 18.38%
  • Return on Assets: 4.49%
Debt:
  • Current Ratio: 0.07%
  • Quick Ratio: 0.06%
Misc:
  • Average Volume: 48,602 shs.
  • Beta: 1.11
  • Short Ratio: 7.16
 

Frequently Asked Questions for Danaos (NYSE:DAC)

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) posted its quarterly earnings results on Thursday, December, 15th. The company reported $0.21 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.47 by $0.26. The company had revenue of $111.75 million for the quarter, compared to the consensus estimate of $122.28 million. Danaos had a return on equity of 18.38% and a net margin of 16.41%. Danaos's revenue was down 22.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.40 earnings per share. View Danaos' Earnings History.

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

2 analysts have issued 12 month price objectives for Danaos' stock. 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 owns Danaos stock?

Danaos' stock is owned by a number of of institutional and retail investors. Top institutional investors include Neuberger Berman Group LLC (1.65%), Morgan Stanley (0.15%), Bank of New York Mellon Corp (0.10%) and Greenwich Wealth Management LLC (0.09%). View Institutional Ownership Trends for Danaos.

Who sold Danaos stock? Who is selling Danaos stock?

Danaos' stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley. View Insider Buying and Selling for Danaos.

Who bought Danaos stock? Who is buying Danaos stock?

Danaos' stock was purchased by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC and Bank of New York Mellon Corp. 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 include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Danaos stock cost?

One share of Danaos stock can currently be purchased for approximately $1.25.

Analyst Ratings

Consensus Ratings for Danaos (NYSE:DAC) (?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.00 (140.00% upside)

Analysts' Ratings History for Danaos (NYSE:DAC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
3/27/2017Jefferies Group LLCReiterated RatingHold$3.00LowView Rating Details
1/10/2017Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
(Data available from 5/27/2015 forward)

Earnings

Earnings History for Danaos (NYSE:DAC)
Earnings by Quarter for Danaos (NYSE:DAC)
Earnings History by Quarter for Danaos (NYSE:DAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
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

Earnings Estimates for Danaos (NYSE:DAC)
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

Headline Trends for Danaos (NYSE:DAC)
Latest Headlines for Danaos (NYSE:DAC)
Source:
DateHeadline
americanbankingnews.com logo Danaos Co. (DAC) Receives Average Rating of "" from Analysts
www.americanbankingnews.com - May 25 at 8:08 AM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of First Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - May 24 at 9:30 PM
americanbankingnews.com logo Danaos Co. (DAC) Given $3.00 Consensus Target Price by Brokerages
www.americanbankingnews.com - May 2 at 12:08 AM
americanbankingnews.com logoDanaos (DAC) Earns Media Impact Score of 0.44
www.americanbankingnews.com - April 27 at 2:18 PM
americanbankingnews.com logoDanaos Co. (DAC) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 25 at 8:52 PM
americanbankingnews.com logoDanaos (DAC) Receiving Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 24 at 3:48 PM
americanbankingnews.com logoDanaos (DAC) Getting Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 4:56 PM
americanbankingnews.com logoDanaos (DAC) Receiving Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 17 at 1:20 PM
americanbankingnews.com logoDanaos (DAC) Getting Somewhat Positive News Coverage, Study Finds
www.americanbankingnews.com - April 13 at 6:15 PM
americanbankingnews.com logoZacks: Analysts Set $3.00 Target Price for Danaos Co. (DAC)
www.americanbankingnews.com - April 11 at 4:16 PM
americanbankingnews.com logoDanaos Co. (DAC) Earns Hold Rating from Jefferies Group LLC
www.americanbankingnews.com - March 27 at 1:34 PM
americanbankingnews.com logoZacks: Danaos Co. (DAC) Receives Consensus Rating of "" from Analysts
www.americanbankingnews.com - March 27 at 11:33 AM
finance.yahoo.com logoDanaos (DAC) Shows Strength: Stock Moves 15.2% Higher
finance.yahoo.com - March 17 at 4:58 PM
finance.yahoo.com logoDANAOS CORP Financials
finance.yahoo.com - March 10 at 5:45 PM
finance.yahoo.com logoDanaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2016
finance.yahoo.com - March 7 at 12:05 PM
seekingalpha.com logoDanaos' (DAC) CEO John Coustas on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 22 at 9:56 PM
biz.yahoo.com logoQ4 2016 Danaos Corp Earnings Release - After Market Close
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
us.rd.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
finance.yahoo.com - February 16 at 1:59 PM
seekingalpha.com logoA Better Approach To Ship Valuations
seekingalpha.com - January 25 at 10:49 PM
finance.yahoo.com logoWhat Makes Danaos (DAC) a Strong Sell?
finance.yahoo.com - December 22 at 4:52 PM
seekingalpha.com logoDanaos' (DAC) CEO John Coustas on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - December 16 at 5:06 PM
thestreet.com logoDryShips Shares Float Higher Again With New Loan
www.thestreet.com - December 16 at 5:06 PM
streetinsider.com logoDanaos Corporation (DAC) Misses Q3 EPS by 26c
www.streetinsider.com - December 16 at 3:08 AM
biz.yahoo.com logoQ3 2016 Danaos Corp Earnings Release - After Market Close
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
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
us.rd.yahoo.com - December 15 at 10:08 PM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of Third Quarter 2016 Results, Conference Call and Webcast
finance.yahoo.com - December 13 at 5:19 PM
finance.yahoo.com logoShipping Stocks' Q3 Earnings Round the Corner: GOGL, DAC
finance.yahoo.com - November 21 at 9:30 AM
fool.com logoWhy Shipping Stocks Skyrocketed Higher Today
www.fool.com - November 15 at 4:55 PM
seekingalpha.com logoIMO Emissions Mandate Update: A Comprehensive Review Of Options
seekingalpha.com - November 14 at 4:45 PM
fool.com logoBest of the Worst: Can We Find a Container Shipping Company to Invest In?
www.fool.com - November 8 at 11:14 AM
seekingalpha.com logoTransports Week In Review - Rail Operators Weigh On Performance, But Overall Transports Remain Solid
seekingalpha.com - October 25 at 9:27 AM
finance.yahoo.com logoCapital Link's 6th Annual Operational Excellence & Maritime CSR Forum Wednesday, November 2, 2016 in London, UK
finance.yahoo.com - October 10 at 9:21 AM
seekingalpha.com logoTransports Week In Review - Supply Chain Chaos As Hanjin Shipping Enters Receivership
seekingalpha.com - September 3 at 9:10 AM
forbes.com logoThursday Sector Laggards: Apparel Stores, Shipping Stocks
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
finance.yahoo.com - September 1 at 9:45 AM
fool.com logo3 Things Seaspan Corporation's CEO Wants You to Know
www.fool.com - August 15 at 4:42 PM
finance.yahoo.com logoNavigator Holdings (NVGS) in Focus: Stock Up 7% in Session
finance.yahoo.com - August 11 at 9:11 AM
zacks.com logoShould You Get Rid of Kirby (KEX) Now?
www.zacks.com - August 10 at 4:42 PM
finance.yahoo.com logoArdmore Shipping (ASC) in Focus: Stock Moves 9.4% Higher
finance.yahoo.com - August 3 at 9:30 AM
zacks.com logoExpeditors (EXPD) Gains on Q2 Earnings Beat, Revs Miss
www.zacks.com - August 2 at 4:40 PM
seekingalpha.com logoDanaos Corporation's (DAC) CEO John Coustas Q2 2016 Results - Earnings Call Transcript
seekingalpha.com - August 2 at 4:40 PM
finance.yahoo.com logoTired of Bargain Hunting? Bet on 6 Stocks with Rising P/E
finance.yahoo.com - August 2 at 9:23 AM
biz.yahoo.com logoQ2 2016 Danaos Corp Earnings Release - After Market Close
biz.yahoo.com - August 1 at 7:07 AM
zacks.com logoTransport Stocks' Q2 Earnings on Aug 1: DAC, RAIL & Others
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
seekingalpha.com - July 22 at 4:31 PM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of Second Quarter 2016 Results, Conference Call and Webcast
finance.yahoo.com - July 21 at 4:30 PM
finance.yahoo.com logoStar Bulk Carriers (SBLK) in Focus: Stock Up 5.3% in Session
finance.yahoo.com - July 20 at 8:05 AM
finance.yahoo.com logoZacks.com featured highlights: Stamps.com, ReneSola and Danaos
finance.yahoo.com - July 19 at 9:30 AM

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Chart

Danaos (DAC) Chart for Saturday, May, 27, 2017

This page was last updated on 5/27/2017 by MarketBeat.com Staff