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

$1.1250 -0.02 (-1.75 %)
(As of 04/22/2018 08:13 AM ET)
Previous Close$1.1250
Today's Range$1.10 - $1.15
52-Week Range$1.05 - $3.20
Volume22,451 shs
Average Volume40,521 shs
Market Capitalization$123.52 million
P/E Ratio1.09
Dividend YieldN/A
Beta0.63

About Danaos (NYSE:DAC)

Danaos logoDanaos 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
Phone30 210 419 6480

Debt

Debt-to-Equity RatioN/A
Current Ratio0.05%
Quick Ratio0.05%

Price-To-Earnings

Trailing P/E Ratio1.09
Forward P/E Ratio1.79
P/E GrowthN/A

Sales & Book Value

Annual Sales$451.73 million
Price / Sales0.27
Cash Flow$2.2959 per share
Price / Cash0.49
Book Value$5.00 per share
Price / Book0.23

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

How to Become a New Pot Stock Millionaire

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) issued its quarterly earnings results on Monday, February, 12th. The shipping company reported $0.28 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $0.21 by $0.07. The shipping company had revenue of $114.17 million for the quarter, compared to analysts' expectations of $105.45 million. Danaos had a net margin of 18.57% and a return on equity of 22.61%. 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 1 year target prices for Danaos' shares. Their forecasts range from $2.00 to $2.00. On average, they anticipate Danaos' stock price to reach $2.00 in the next year. View Analyst Ratings for Danaos.

Who are some of Danaos' key competitors?

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?

Media stories about DAC stock have been trending somewhat positive on Sunday, according to Accern. The research group rates the sentiment of media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Danaos earned a media sentiment score of 0.07 on Accern's scale. They also gave headlines about the shipping company an impact score of 46.49 out of 100, meaning that recent media coverage is somewhat unlikely to have an effect on the company's share price in the next several days.

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 $1.1250.

How big of a company is Danaos?

Danaos has a market capitalization of $123.52 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 (star)
Outperform Votes:  87 (Vote Outperform)
Underperform Votes:  163 (Vote Underperform)
Total Votes:  250
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.

Analyst Ratings

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 77.78%. 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."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.002.00
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: 77.78% upside53.85% upside111.27% upside100.00% upside

Danaos (NYSE:DAC) Consensus Price Target History

Price Target History for Danaos (NYSE:DAC)

Danaos (NYSE:DAC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
3/2/2018Jefferies GroupReiterated RatingHold$2.00LowView Rating Details
1/10/2017Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
(Data available from 4/22/2016 forward)

Earnings

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

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/29/2018        
2/22/2018n/a$0.21$0.28$105.45 million$114.17 millionViewListenView Earnings Details
2/12/2018Q4 2017$0.21$0.28$105.45 million$114.17 millionViewN/AView Earnings Details
10/30/2017Q3$0.23$0.27$107.58 million$113.59 millionViewN/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$0.14$140.32 million$147.00 millionViewN/AView Earnings Details
10/29/2013Q3 2013$0.13$0.12$142.28 million$148.45 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.10$0.11$139.70 million$146.58 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.09$0.13$140.16 million$146.09 millionViewN/AView Earnings Details
2/11/2013Q4 2012$0.14$0.11ViewN/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
3/17/2011Q4 2010$0.08$0.01ViewN/AView Earnings Details
11/8/2010Q3 2010$0.09$0.05ViewN/AView Earnings Details
8/31/2010Q2 2010$0.23$0.14ViewN/AView Earnings Details
6/3/2010Q1 2010$0.24$0.23ViewN/AView Earnings Details
3/29/2010Q4 2009$0.26$0.27ViewN/AView Earnings Details
11/11/2009Q3 2009$0.26$0.30ViewN/AView Earnings Details
7/27/2009Q2 2009$0.28$0.29ViewN/AView Earnings Details
4/28/2009Q1 2009$0.35$0.37ViewN/AView Earnings Details
3/11/2009Q4 2008$0.43$0.47ViewN/AView Earnings Details
10/31/2008Q3 2008$0.45$0.51ViewN/AView Earnings Details
7/28/2008Q2 2008$0.48$0.45ViewN/AView Earnings Details
4/21/2008Q1 2008$0.48$0.48ViewN/AView Earnings Details
3/10/2008Q4 2007$0.48$0.49ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Danaos (NYSE:DAC) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Danaos (NYSE DAC) Insider Trading and Institutional Ownership History

Institutional Ownership Percentage: 2.04%
Insider Trading History for Danaos (NYSE:DAC)
Institutional Ownership by Quarter for Danaos (NYSE:DAC)

Danaos (NYSE DAC) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
(Data available from 1/1/2013 forward)

Headlines

Danaos (NYSE DAC) News Headlines

Source:
DateHeadline
Danaos (DAC) Stock Rating Upgraded by ValuEngineDanaos (DAC) Stock Rating Upgraded by ValuEngine
www.americanbankingnews.com - April 8 at 12:54 PM
Danaos (DAC) Rating Reiterated by Jefferies GroupDanaos (DAC) Rating Reiterated by Jefferies Group
www.americanbankingnews.com - April 6 at 12:28 AM
Danaos (DAC) Cut to "Hold" at ValuEngineDanaos (DAC) Cut to "Hold" at ValuEngine
www.americanbankingnews.com - April 3 at 4:48 PM
Danaos (DAC) Downgraded by ValuEngineDanaos (DAC) Downgraded by ValuEngine
www.americanbankingnews.com - March 31 at 2:40 PM
Head to Head Comparison: Danaos (DAC) & Navios Maritime Midstream Partners (NAP)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 ResearchDanaos (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)Jefferies Group Reiterates "Hold" Rating for Danaos (DAC)
www.americanbankingnews.com - March 3 at 12:28 AM
Free Post Earnings Research Report: Kirbys Quarterly Revenue Soared 63%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 EPSDanaos (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?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, 2017Danaos 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 profitDanaos posts 4Q profit
finance.yahoo.com - February 13 at 9:47 AM
Danaos (DAC) Set to Announce Earnings on MondayDanaos (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 WebcastDanaos 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 ComparisonDanaos (DAC) & Baltic Trading (BALT) Financial Comparison
www.americanbankingnews.com - January 28 at 3:20 AM
Reviewing Seaspan (SSW) and Danaos (DAC)Reviewing Seaspan (SSW) and Danaos (DAC)
www.americanbankingnews.com - January 19 at 7:08 PM
Should Value Investors Choose Danaos Corporation (DAC) Stock?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 AnalystsDanaos 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)Contrasting Danaos (DAC) and Baltic Trading (BALT)
www.americanbankingnews.com - December 30 at 3:16 PM
Danaos (DAC) Raised to "Hold" at Zacks Investment ResearchDanaos (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 GroupFY2017 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 GroupDanaos (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 BrokeragesDanaos 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 BrokeragesDanaos 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, 2017Danaos 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)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 TranscriptDanaos' (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 CallDanaos 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 EPSDanaos 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?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, 2017Danaos 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 profitDanaos 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 WebcastDanaos 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)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 ResearchDanaos 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 AnalystsDanaos 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)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 ReviewDryShips (DRYS) versus Danaos Corporation (DAC) Financial Review
www.americanbankingnews.com - October 14 at 2:20 AM
Reviewing Danaos Corporation (DAC) and International Seaways (INSW)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 BrokeragesDanaos Corporation (DAC) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 27 at 4:54 PM
Analyzing Danaos Corporation (DAC) and Its CompetitorsAnalyzing 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)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 PeersHead to Head Comparison: Danaos Corporation (DAC) and Its Peers
www.americanbankingnews.com - September 22 at 6:06 AM
Analyzing Danaos Corporation (DAC) and Its RivalsAnalyzing 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, 2017Danaos 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 NetworkFriday Sector Leaders: Shipping, Apparel Stores - Presented by: The Aol. On Network
www.nasdaq.com - August 26 at 5:24 AM
Danaos Corporation (DAC) Given "Hold" Rating at Jefferies Group LLCDanaos Corporation (DAC) Given "Hold" Rating at Jefferies Group LLC
www.americanbankingnews.com - August 16 at 12:50 PM
Comparing Safe Bulkers (SB) & Danaos Corporation (NYSE:DAC)Comparing Safe Bulkers (SB) & Danaos Corporation (NYSE:DAC)
www.americanbankingnews.com - August 12 at 4:22 PM
Contrasting Diana Containerships (DCIX) and Danaos Corporation (DAC)Contrasting Diana Containerships (DCIX) and Danaos Corporation (DAC)
www.americanbankingnews.com - August 9 at 8:40 AM
Thursday Sector Laggards: Shipping, Oil & Gas Exploration & Production StocksThursday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks
www.nasdaq.com - August 3 at 7:11 PM

SEC Filings

Danaos (NYSE:DAC) SEC Filings

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Social Media

Financials

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

Chart

Danaos (NYSE DAC) Stock Chart for Sunday, April, 22, 2018

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This page was last updated on 4/22/2018 by MarketBeat.com Staff

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