Danaos Stock Forecast, Price & News

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Danaos in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" Danaos stock.
View analyst ratings for Danaos or view top-rated stocks.

Wall Street analysts have given Danaos a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Danaos wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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Danaos is scheduled to release its next quarterly earnings announcement on Monday, May 10th 2021.
View our earnings forecast for Danaos.

Danaos will be holding an earnings conference call on Monday, May 10th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Danaos Co. (NYSE:DAC) issued its quarterly earnings data on Monday, February, 15th. The shipping company reported $2.29 EPS for the quarter, beating analysts' consensus estimates of $2.27 by $0.02. The shipping company earned $119.64 million during the quarter, compared to the consensus estimate of $115.48 million. Danaos had a trailing twelve-month return on equity of 17.25% and a net margin of 31.89%.
View Danaos' earnings history.

Danaos' stock was trading at $4.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, DAC shares have increased by 1,347.2% and is now trading at $65.56.
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3 brokers have issued 1-year target prices for Danaos' shares. Their forecasts range from $6.25 to $67.00. On average, they anticipate Danaos' share price to reach $44.42 in the next twelve months. This suggests that the stock has a possible downside of 32.3%.
View analysts' price targets for Danaos or view top-rated stocks among Wall Street analysts.

4 employees have rated Danaos CEO John Coustas on Glassdoor.com. John Coustas has an approval rating of 100% among Danaos' employees. This puts John Coustas in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

Some companies that are related to Danaos include Atlas (ATCO), Euronav (EURN), Star Bulk Carriers (SBLK), Pacific Basin Shipping (PCFBY), Frontline (FRO), Costamare (CMRE), Scorpio Tankers (STNG), SFL (SFL), DHT (DHT), Seacor (CKH), TORM (TRMD), Genco Shipping & Trading (GNK), Navios Maritime Partners (NMM), Navigator (NVGS) and Eagle Bulk Shipping (EGLE).
View all of DAC's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Danaos investors own include NVIDIA (NVDA), Energy Transfer (ET), New Residential Investment (NRZ), Capital Product Partners (CPLP), New York Mortgage Trust (NYMT), AT&T (T), Enbridge (ENB), Pfizer (PFE), AbbVie (ABBV) and Preferred Apartment Communities (APTS).

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

Danaos' stock is owned by a variety of retail and institutional investors. Top institutional investors include Hennessy Advisors Inc. (0.53%), Dorsey Wright & Associates (0.52%), Commonwealth Equity Services LLC (0.41%), AJO LP (0.19%), Envestnet Asset Management Inc. (0.07%) and Personal CFO Solutions LLC (0.03%).

DAC stock was bought by a variety of institutional investors in the last quarter, including Hennessy Advisors Inc., Dorsey Wright & Associates, AJO LP, Envestnet Asset Management Inc., Personal CFO Solutions LLC, and Commonwealth Equity Services LLC.

Shares of DAC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DAC stock can currently be purchased for approximately $65.56.

Danaos has a market capitalization of $1.34 billion and generates $447.24 million in revenue each year. The shipping company earns $131.25 million in net income (profit) each year or $9.17 on an earnings per share basis.

Danaos employs 4 workers across the globe.

The official website for Danaos is www.danaos.com.

Danaos is headquartered at 14 AKTI KONDYLI, Piraeus J3, 185 45.

Danaos' mailing address is 14 AKTI KONDYLI, Piraeus J3, 185 45. The shipping company can be reached via phone at 011-30-21-0449-6480 or via email at [email protected]