Danaos Corporation Company Profile (NYSE:DAC)

About Danaos Corporation (NYSE:DAC)

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: Deep Sea Freight
  • Sub-Industry: N/A
  • Symbol: NYSE:DAC
  • CUSIP: N/A
  • Web: www.danaos.com
Capitalization:
  • Market Cap: $159.21 million
  • Outstanding Shares: 109,799,000
Average Prices:
  • 50 Day Moving Avg: $1.45
  • 200 Day Moving Avg: $1.60
  • 52 Week Range: $1.25 - $4.40
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 1.56
  • P/E Growth: 0.54
Sales & Book Value:
  • Annual Revenue: $447.83 million
  • Price / Sales: 0.36
  • Book Value: $4.50 per share
  • Price / Book: 0.32
Profitability:
  • EBITDA: $281.14 million
  • Net Margins: -92.96%
  • Return on Equity: 16.72%
  • Return on Assets: 3.09%
Debt:
  • Current Ratio: 0.05%
  • Quick Ratio: 0.05%
Misc:
  • Average Volume: 85,385 shs.
  • Beta: 1.37
  • Short Ratio: 1.55
 

Frequently Asked Questions for Danaos Corporation (NYSE:DAC)

What is Danaos Corporation's stock symbol?

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

How were Danaos Corporation's earnings last quarter?

Danaos Corporation (NYSE:DAC) posted its quarterly earnings data on Monday, July, 31st. The company reported $0.26 EPS for the quarter, beating the Zacks' consensus estimate of $0.21 by $0.05. The company had revenue of $113.88 million for the quarter, compared to analyst estimates of $108.01 million. Danaos Corporation had a negative net margin of 92.96% and a positive return on equity of 16.72%. The company's quarterly revenue was down 16.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.43 EPS. View Danaos Corporation's Earnings History.

When will Danaos Corporation make its next earnings announcement?

Danaos Corporation is scheduled to release their next quarterly earnings announcement on Thursday, December, 21st 2017. View Earnings Estimates for Danaos Corporation.

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

2 analysts have issued 1 year target prices for Danaos Corporation's stock. Their predictions range from $3.00 to $3.00. On average, they anticipate Danaos Corporation's stock price to reach $3.00 in the next twelve months. View Analyst Ratings for Danaos Corporation.

Who are some of Danaos Corporation's key competitors?

Who are Danaos Corporation's key executives?

Danaos Corporation's management team includes the folowing people:

  • John Coustas Ph.D., President, Chief Executive Officer, Director
  • Evangelos Chatzis, Chief Financial Officer, Secretary
  • Iraklis Prokopakis, Chief Operating Officer, Senior Vice President, Treasurer, Director
  • Dimitris Vastarouchas, Deputy Chief Operating Officer, Technical Director
  • William C. Repko, Director
  • George Economou, Independent Director
  • Myles R. Itkin, Independent Director
  • Miklos Konkoly-Thege, Independent Director

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.

What is Danaos Corporation's stock price today?

One share of Danaos Corporation stock can currently be purchased for approximately $1.45.


MarketBeat Community Rating for Danaos Corporation (NYSE DAC)
Community Ranking:  1.5 out of 5 (star half star)
Outperform Votes:  51 (Vote Outperform)
Underperform Votes:  124 (Vote Underperform)
Total Votes:  175
MarketBeat's community ratings are surveys of what our community members think about Danaos Corporation 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

Consensus Ratings for Danaos Corporation (NYSE:DAC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.00 (106.90% upside)
Consensus Price Target History for Danaos Corporation (NYSE:DAC)
Price Target History for Danaos Corporation (NYSE:DAC)
Analysts' Ratings History for Danaos Corporation (NYSE:DAC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/16/2017Jefferies Group LLCReiterated RatingHold$3.00LowView Rating Details
1/10/2017Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
(Data available from 10/22/2015 forward)

Earnings

Earnings History for Danaos Corporation (NYSE:DAC)
Earnings by Quarter for Danaos Corporation (NYSE:DAC)
Earnings History by Quarter for Danaos Corporation (NYSE DAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/13/2017$0.23N/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

Earnings Estimates for Danaos Corporation (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 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

Headline Trends for Danaos Corporation (NYSE:DAC)
Latest Headlines for Danaos Corporation (NYSE:DAC)
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Chart

Danaos Corporation (DAC) Chart for Sunday, October, 22, 2017

This page was last updated on 10/22/2017 by MarketBeat.com Staff

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