NYSE:DAC - Danaos Stock Price, Price Target & More

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$1.30 +0.05 (+4.00 %)

(As of 05/25/2018 01:07 AM ET)

Previous Close$1.25

Today's Range$1.25 - $1.30

52-Week Range$1.05 - $3.20

Volume31,200 shs

Average Volume41,800 shs

Market Capitalization$137.25 million

P/E Ratio1.24

Dividend YieldN/A

Beta0.64

About Danaos (NYSE:DAC)

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.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight

Sub-IndustryN/A

SectorTransportation

SymbolNYSE:DAC

CUSIPN/A

Webwww.danaos.com

Phone30 210 419 6480

Debt

Debt-to-Equity RatioN/A

Current Ratio0.05

Quick Ratio0.05

Price-To-Earnings

Trailing P/E Ratio1.24

Forward P/E Ratio2.06

P/E GrowthN/A

Sales & Book Value

Annual Sales$451.73 million

Price / Sales0.32

Cash Flow$2.3636 per share

Price / Cash0.55

Book Value$5.00 per share

Price / Book0.26

Profitability

EPS (Most Recent Fiscal Year)$1.05

Net Income$83.90 million

Net Margins18.57%

Return on Equity22.61%

Return on Assets3.81%

Miscellaneous

Employees1,196

Outstanding Shares109,800,000

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) posted its quarterly earnings results on Thursday, February, 22nd. The shipping company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.21 by $0.07. The shipping company earned $114.17 million during the quarter, compared to the consensus estimate of $105.45 million. Danaos had a return on equity of 22.61% and a net margin of 18.57%. View Danaos' Earnings History.

When is Danaos' next earnings date?

Danaos is scheduled to release their next quarterly earnings announcement on Tuesday, May, 29th 2018. View Earnings Estimates for Danaos.

What price target have analysts set for DAC?

1 equities research analysts have issued 12 month price targets for Danaos' shares. Their predictions range from $2.00 to $2.00. On average, they anticipate Danaos' share price to reach $2.00 in the next year. View Analyst Ratings for Danaos.

Who are some of Danaos' key competitors?

Some companies that are related to Danaos include DHT (DHT), General Maritime (GNRT), Diana Shipping (DSX), SEACOR Marine (SMHI), Eagle Bulk Shipping (EGLE), DryShips (DRYS), Capital Product Partners (CPLP), Dorian LPG (LPG), Safe Bulkers (SB), Navios Maritime Partners (NMM), TSAKOS ENERGY N/SH (TNP), Overseas Shipholding Group (OSG), Ardmore Shipping (ASC), StealthGas (GASS) and Pangaea Logistics Solns (PANL).

Who are Danaos' key executives?

Danaos' management team includes the folowing people:

Dr. John Coustas, Chairman, Chief Exec. Officer and Pres (Age 62)
Mr. Evangelos Chatzis, Chief Financial Officer and Sec. (Age 45)
Mr. Iraklis Prokopakis, Chief Operating Officer, Sr. VP, Treasurer and Director (Age 67)
Mr. Dimitris Vastarouchas, Deputy Chief Operating Officer and Technical Director (Age 50)

Has Danaos been receiving favorable news coverage?

News headlines about DAC stock have trended positive recently, according to Accern Sentiment Analysis. The research firm ranks the sentiment of press coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Danaos earned a coverage optimism score of 0.42 on Accern's scale. They also assigned press coverage about the shipping company an impact score of 45.30 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the immediate future.

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 $1.30.

How big of a company is Danaos?

Danaos has a market capitalization of $137.25 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 1,196 workers across the globe.

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 30 210 419 6480 or via email at [email protected]

MarketBeat Community Rating for Danaos (DAC)

Community Ranking:		1.7 out of 5 ()
Outperform Votes:		92 (Vote Outperform)
Underperform Votes:		171 (Vote Underperform)
Total Votes:		263

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.

Danaos (NYSE:DAC) Price Target and Consensus Rating

(How are Consensus Ratings Calculated?)

1 Wall Street analysts have issued ratings and price targets for Danaos in the last 12 months. Their average twelve-month price target is $2.00, suggesting that the stock has a possible upside of 53.85%. The high price target for DAC is $2.00 and the low price target for DAC is $2.00. There are currently 1 hold rating for the stock, resulting in a consensus rating of "Hold."

	Today	30 Days Ago	90 Days Ago	180 Days Ago
Consensus Rating:	Hold	Hold	Hold	Hold
Consensus Rating Score:	2.00	2.00	2.00	2.00
Ratings Breakdown:	0 Sell Rating(s) 1 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 1 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 1 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)	0 Sell Rating(s) 2 Hold Rating(s) 0 Buy Rating(s) 0 Strong Buy Rating(s)
Consensus Price Target:	$2.00	$2.00	$3.00	$3.00
Price Target Upside:	53.85% upside	53.85% upside	111.27% upside	100.00% upside

Danaos (NYSE:DAC) Consensus Price Target History

Price Target History for Danaos (NYSE:DAC)

Danaos (NYSE:DAC) Analyst Ratings History

Show:

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price	Details
3/2/2018	Jefferies Group	Reiterated Rating	Hold	$2.00	Low
1/10/2017	Clarkson Capital	Reiterated Rating	Neutral		N/A

(Data available from 5/25/2016 forward)

Danaos (NYSE:DAC) Earnings History and Estimates Chart

Earnings by Quarter for Danaos (NYSE:DAC)

Danaos (NYSE:DAC) Earnings Estimates

Current Year EPS Consensus Estimate: $0.63 EPS
Next Year EPS Consensus Estimate: $0.31 EPS

Danaos (NYSE DAC) Earnings History by Quarter

Date	Quarter	Consensus Estimate	Actual EPS	Revenue Estimate	Actual Revenue	Release Link	Conference Call
5/29/2018
2/22/2018	n/a	$0.21	$0.28	$105.45 million	$114.17 million	View	Listen
2/12/2018	Q4 2017	$0.21	$0.28	$105.45 million	$114.17 million	View	N/A
10/30/2017	Q3	$0.23	$0.27	$107.58 million	$113.59 million	View	N/A
7/31/2017	6/30/2017	$0.21	$0.26	$108.01 million	$113.88 million	View	N/A
5/30/2017	3/31/2017	$0.18	$0.22	$104.37 million	$110.10 million	View	N/A
2/21/2017	Q416	$0.20	$0.21	$107.30 million	$112.10 million	View	N/A
12/15/2016	Q316	$0.47	$0.21	$122.28 million	$111.75 million	View	N/A
8/1/2016	Q216	$0.42	$0.43	$135.57 million	$137.00 million	View	N/A
5/4/2016	Q116	$0.41	$0.43	$138.95 million	$137.47 million	View	N/A
2/16/2016	Q415	$0.38	$0.43	$141.04 million	$143.30 million	View	Listen
11/3/2015	Q315	$0.34	$0.40	$138.93 million	$144.54 million	View	N/A
8/3/2015	Q215	$0.28	$0.35	$137.22 million	$141.50 million	View	N/A
4/27/2015	Q115	$0.21	$0.28	$136.60 million	$138.61 million	View	N/A
2/9/2015	Q414	$0.17	$0.21	$136.60 million	$140.70 million	View	N/A
10/29/2014	Q314	$0.12	$0.16	$213.30 million	$139.50 million	View	N/A
7/28/2014	Q113	$0.12	$0.11	$134.60 million	$136.40 million	View	N/A
5/5/2014	Q1 2014	$0.07	$0.06	$129.71 million	$135.49 million	View	N/A
2/10/2014	Q4 13	$0.12	$0.14	$140.32 million	$147.00 million	View	N/A
10/29/2013	Q3 2013	$0.13	$0.12	$142.28 million	$148.45 million	View	N/A
7/29/2013	Q2 2013	$0.10	$0.11	$139.70 million	$146.58 million	View	N/A
4/29/2013	Q1 2013	$0.09	$0.13	$140.16 million	$146.09 million	View	N/A
2/11/2013	Q4 2012	$0.14	$0.11			View	N/A
11/5/2012	Q312	$0.17	$0.14	$148.57 million	$156.30 million	View	N/A
7/30/2012		$0.18	$0.15			View	N/A
5/9/2012		$0.05	$0.16			View	N/A
2/21/2012		$0.16	$0.15			View	N/A
11/7/2011		$0.15	$0.16			View	N/A
7/25/2011		$0.13	$0.15			View	N/A
5/5/2011		$0.04	$0.10			View	N/A
3/17/2011	Q4 2010	$0.08	$0.01			View	N/A
11/8/2010	Q3 2010	$0.09	$0.05			View	N/A
8/31/2010	Q2 2010	$0.23	$0.14			View	N/A
6/3/2010	Q1 2010	$0.24	$0.23			View	N/A
3/29/2010	Q4 2009	$0.26	$0.27			View	N/A
11/11/2009	Q3 2009	$0.26	$0.30			View	N/A
7/27/2009	Q2 2009	$0.28	$0.29			View	N/A
4/28/2009	Q1 2009	$0.35	$0.37			View	N/A
3/11/2009	Q4 2008	$0.43	$0.47			View	N/A
10/31/2008	Q3 2008	$0.45	$0.51			View	N/A
7/28/2008	Q2 2008	$0.48	$0.45			View	N/A
4/21/2008	Q1 2008	$0.48	$0.48			View	N/A
3/10/2008	Q4 2007	$0.48	$0.49			View	N/A

(Earnings results data provided by Zacks Investment Research)

Danaos (NYSE:DAC) Dividend History by Quarter

Announced	Period	Amount	Yield	Ex-Dividend Date	Record Date	Payable Date

(Data available from 1/1/2013 forward)

Danaos (NYSE DAC) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 1.86%

Insider Trading History for Danaos (NYSE:DAC)

Institutional Ownership by Quarter for Danaos (NYSE:DAC)

Danaos (NYSE DAC) Insider Trading History

Transaction Date	Insider Name	Title	Buy/Sell	Number of Shares	Average Share Price	Total Transaction	Shares Held After Transaction	Details

(Data available from 1/1/2013 forward)

Danaos (NYSE DAC) News Headlines

Source:

Date	Headline
	Financial Analysis: Danaos (DAC) vs. Navios Maritime (NM) www.americanbankingnews.com - May 20 at 8:58 AM
	Danaos (DAC) Cut to Sell at ValuEngine www.americanbankingnews.com - May 3 at 10:04 PM
	Danaos (DAC) Upgraded to "Hold" at Zacks Investment Research www.americanbankingnews.com - May 2 at 11:36 PM
	Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2017 finance.yahoo.com - April 23 at 8:30 AM
	Danaos (DAC) Stock Rating Upgraded by ValuEngine www.americanbankingnews.com - April 8 at 12:54 PM
	Danaos (DAC) Rating Reiterated by Jefferies Group www.americanbankingnews.com - April 6 at 12:28 AM
	Danaos (DAC) Cut to "Hold" at ValuEngine www.americanbankingnews.com - April 3 at 4:48 PM
	Danaos (DAC) Downgraded by ValuEngine www.americanbankingnews.com - March 31 at 2:40 PM
	Head to Head Comparison: Danaos (DAC) & Navios Maritime Midstream Partners (NAP) www.americanbankingnews.com - March 29 at 9:32 PM
	Danaos (DAC) Downgraded to Sell at Zacks Investment Research www.americanbankingnews.com - March 7 at 9:40 PM
	Jefferies Group Reiterates "Hold" Rating for Danaos (DAC) www.americanbankingnews.com - March 3 at 12:28 AM
	Free Post Earnings Research Report: Kirby's Quarterly Revenue Soared 63% finance.yahoo.com - February 20 at 8:32 AM
	Danaos (DAC) Announces Earnings Results, Beats Expectations By $0.07 EPS www.americanbankingnews.com - February 20 at 7:34 AM
	Does Danaos Corporation’s (NYSE:DAC) PE Ratio Warrant A Buy? finance.yahoo.com - February 19 at 8:32 AM
	Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2017 finance.yahoo.com - February 13 at 9:47 AM
	Danaos posts 4Q profit finance.yahoo.com - February 13 at 9:47 AM
	Danaos (DAC) Set to Announce Earnings on Monday www.americanbankingnews.com - February 9 at 12:18 AM
	Danaos Corporation Announces Date for the Release of Fourth Quarter 2017 Results, Conference Call and Webcast finance.yahoo.com - February 7 at 9:48 AM
	Danaos (DAC) & Baltic Trading (BALT) Financial Comparison www.americanbankingnews.com - January 28 at 3:20 AM
	Reviewing Seaspan (SSW) and Danaos (DAC) www.americanbankingnews.com - January 19 at 7:08 PM
	Should Value Investors Choose Danaos Corporation (DAC) Stock? finance.yahoo.com - January 16 at 4:51 PM
	Danaos Co. (DAC) Receives Consensus Rating of "Hold" from Analysts www.americanbankingnews.com - January 5 at 3:28 PM
	Contrasting Danaos (DAC) and Baltic Trading (BALT) www.americanbankingnews.com - December 30 at 3:16 PM
	Danaos (DAC) Raised to "Hold" at Zacks Investment Research www.americanbankingnews.com - December 20 at 6:34 PM
	FY2017 Earnings Estimate for Danaos Corporation (DAC) Issued By Jefferies Group www.americanbankingnews.com - December 20 at 8:14 AM
	Danaos (DAC) Now Covered by Analysts at Jefferies Group www.americanbankingnews.com - December 18 at 10:52 AM
	Danaos Corporation (DAC) Given Average Recommendation of "Hold" by Brokerages www.americanbankingnews.com - December 11 at 6:28 PM
	Danaos Corporation (DAC) Receives Average Rating of "Hold" from Brokerages www.americanbankingnews.com - November 16 at 4:16 PM
	Danaos Corp. :DAC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017 finance.yahoo.com - November 9 at 12:25 AM
	Head to Head Contrast: Tsakos Energy Navigation (TNP) versus Danaos Corporation (DAC) www.americanbankingnews.com - November 7 at 10:58 AM
	Danaos' (DAC) CEO Dr. John Coustas on Q3 2017 Results - Earnings Call Transcript seekingalpha.com - November 1 at 12:02 AM
	Danaos Corporation to Host Earnings Call finance.yahoo.com - October 31 at 7:00 PM
	Danaos Corporation (DAC) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS www.americanbankingnews.com - October 31 at 8:34 AM
	What Is Danaos Corporation’s (DAC) Share Price Doing? finance.yahoo.com - October 30 at 6:25 PM
	Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2017 finance.yahoo.com - October 30 at 6:25 PM
	Danaos posts 3Q profit finance.yahoo.com - October 30 at 6:25 PM
	Danaos Corporation Announces Date for the Release of Third Quarter 2017 Results, Conference Call and Webcast finance.yahoo.com - October 28 at 12:59 AM
	Comparing Hornbeck Offshore Services (HOS) and Danaos Corporation (DAC) www.americanbankingnews.com - October 26 at 1:38 PM
	Danaos Corporation (DAC) Cut to "Sell" at Zacks Investment Research www.americanbankingnews.com - October 24 at 8:00 PM
	Danaos Corporation (DAC) Receives Average Recommendation of "Hold" from Analysts www.americanbankingnews.com - October 22 at 4:44 PM
	Head-To-Head Contrast: Ardmore Shipping Corporation (ASC) versus Danaos Corporation (DAC) www.americanbankingnews.com - October 18 at 10:20 PM
	DryShips (DRYS) versus Danaos Corporation (DAC) Financial Review www.americanbankingnews.com - October 14 at 2:20 AM
	Reviewing Danaos Corporation (DAC) and International Seaways (INSW) www.americanbankingnews.com - October 13 at 4:38 PM
	Danaos Corporation (DAC) Receives Average Recommendation of "Hold" from Brokerages www.americanbankingnews.com - September 27 at 4:54 PM
	Analyzing Danaos Corporation (DAC) and Its Competitors www.americanbankingnews.com - September 24 at 10:08 PM
	Financial Contrast: Danaos Corporation (DAC) vs. Ardmore Shipping Corporation (ASC) www.americanbankingnews.com - September 23 at 8:32 AM
	Head to Head Comparison: Danaos Corporation (DAC) and Its Peers www.americanbankingnews.com - September 22 at 6:06 AM
	Analyzing Danaos Corporation (DAC) and Its Rivals www.americanbankingnews.com - September 18 at 4:28 AM
	Danaos Corp. :DAC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017 finance.yahoo.com - September 11 at 6:22 PM
	Friday Sector Leaders: Shipping, Apparel Stores - Presented by: The Aol. On Network www.nasdaq.com - August 26 at 5:24 AM

Danaos (NYSE:DAC) SEC Filings

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Danaos (NYSE:DAC) Income Statement, Balance Sheet and Cash Flow Statement

Danaos (NYSE DAC) Stock Chart for Friday, May, 25, 2018

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This page was last updated on 5/25/2018 by MarketBeat.com Staff