NYSE:DAC - Danaos Stock Price, News, & Analysis

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$13.85 +0.33 (+2.44 %)
(As of 05/20/2019 04:00 PM ET)
Previous Close$13.52
Today's Range$13.3056 - $13.8490
52-Week Range$7.84 - $35.00
Volume6,786 shs
Average Volume5,161 shs
Market Capitalization$211.02 million
P/E Ratio1.12
Dividend YieldN/A
Beta1.7
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, 2019, it had a fleet of 55 containerships aggregating 327,616 twenty foot equivalent units in capacity. 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
CUSIPN/A
Phone30 210 419 6480

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$458.73 million
Cash Flow$34.6225 per share
Book Value$47.61 per share

Profitability

Net Income$-32,940,000.00

Miscellaneous

Employees1,104
Market Cap$211.02 million
Next Earnings Date9/23/2019 (Estimated)
OptionableNot Optionable

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) announced its earnings results on Monday, May, 13th. The shipping company reported $2.53 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $2.24 by $0.29. The shipping company had revenue of $112.89 million for the quarter, compared to analyst estimates of $108.03 million. Danaos had a negative net margin of 3.15% and a positive return on equity of 19.75%. View Danaos' Earnings History.

When is Danaos' next earnings date?

Danaos is scheduled to release their next quarterly earnings announcement on Monday, September 23rd 2019. View Earnings Estimates for Danaos.

Has Danaos been receiving favorable news coverage?

News headlines about DAC stock have trended somewhat negative this week, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. Danaos earned a daily sentiment score of -1.0 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the next few days.

Who are some of Danaos' key competitors?

What other stocks do shareholders of Danaos own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Danaos investors own include Micron Technology (MU), PAC BASIN SHIPP/ADR (PCFBY), Eagle Bulk Shipping (EGLE), Lannett (LCI), Seadrill Partners (SDLP), Groupon (GRPN), JD.Com (JD), Netflix (NFLX), Nektar Therapeutics (NKTR) and Wells Fargo & Co (WFC).

Who are Danaos' key executives?

Danaos' management team includes the folowing people:
  • Dr. John Coustas, Chairman, Pres & CEO (Age 63)
  • Mr. Evangelos Chatzis, CFO & Sec. (Age 46)
  • Mr. Iraklis Prokopakis, Sr. VP, COO, Treasurer & Director (Age 68)
  • Mr. Dimitris Vastarouchas, Deputy Chief Operating Officer (Age 51)

Who are Danaos' major shareholders?

Danaos' stock is owned by many different of retail and institutional investors. Top institutional investors include Neuberger Berman Group LLC (9.75%), Morgan Stanley (1.26%), Renaissance Technologies LLC (1.24%) and Acadian Asset Management LLC (0.27%).

Which institutional investors are selling Danaos stock?

DAC stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley and Acadian Asset Management LLC.

Which institutional investors are buying Danaos stock?

DAC stock was acquired by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC and Renaissance Technologies LLC.

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 $13.8490.

How big of a company is Danaos?

Danaos has a market capitalization of $211.02 million and generates $458.73 million in revenue each year. The shipping company earns $-32,940,000.00 in net income (profit) each year or $12.32 on an earnings per share basis. Danaos employs 1,104 workers across the globe.

What is Danaos' official website?

The official website for Danaos is http://www.danaos.com/investors/overview/default.aspx.

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 (NYSE DAC)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  130 (Vote Outperform)
Underperform Votes:  244 (Vote Underperform)
Total Votes:  374
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.
This page was last updated on 5/20/2019 by MarketBeat.com Staff

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