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S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
S&P 500   3,811.15
DOW   30,932.37
QQQ   314.14
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NYSE:DAC

Danaos Stock Forecast, Price & News

$41.54
+2.14 (+5.43 %)
(As of 02/26/2021 12:00 AM ET)
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Today's Range
$37.87
Now: $41.54
$42.80
50-Day Range
$24.87
MA: $32.03
$39.88
52-Week Range
$2.50
Now: $41.54
$44.46
Volume679,661 shs
Average Volume704,427 shs
Market Capitalization$1.03 billion
P/E Ratio6.66
Dividend YieldN/A
Beta1.72
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 October 12, 2020, it had a fleet of 63 containerships aggregating 385,769 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.
Danaos logo

Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
CUSIPN/A
Phone011-30-21-0449-6480
Employees1,148
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$447.24 million
Cash Flow$15.33 per share
Book Value$35.57 per share

Profitability

Net Income$131.25 million

Miscellaneous

Market Cap$1.03 billion
Next Earnings Date5/17/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.24 out of 5 stars

Transportation Sector

102nd out of 239 stocks

Deep Sea Foreign Transportation Of Freight Industry

26th out of 52 stocks

Analyst Opinion: 1.3Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 3.1 5 -4 -3 -2 -1 -
$41.54
+2.14 (+5.43 %)
(As of 02/26/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Danaos (NYSE:DAC) Frequently Asked Questions

Is Danaos a buy right now?

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

What stocks does MarketBeat like better than Danaos?

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.
View MarketBeat's top stock picks here.

Are investors shorting Danaos?

Danaos saw a increase in short interest in the month of January. As of January 15th, there was short interest totaling 1,400,000 shares, an increase of 35.9% from the December 31st total of 1,030,000 shares. Based on an average daily trading volume, of 544,200 shares, the short-interest ratio is currently 2.6 days. Approximately 12.3% of the company's shares are sold short.
View Danaos' Short Interest
.

When is Danaos' next earnings date?

Danaos is scheduled to release its next quarterly earnings announcement on Monday, May 17th 2021.
View our earnings forecast for Danaos
.

How were Danaos' earnings last quarter?

Danaos Co. (NYSE:DAC) released its earnings results on Monday, February, 15th. The shipping company reported $2.29 earnings per share for the quarter, beating analysts' consensus estimates of $2.27 by $0.02. Danaos had a net margin of 31.89% and a trailing twelve-month return on equity of 17.25%.
View Danaos' earnings history
.

How has Danaos' stock price been impacted by COVID-19 (Coronavirus)?

Danaos' stock was trading at $4.53 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization (WHO). Since then, DAC stock has increased by 817.0% and is now trading at $41.54.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for DAC?

2 brokers have issued twelve-month price objectives for Danaos' stock. Their forecasts range from $6.25 to $40.00. On average, they expect Danaos' stock price to reach $23.13 in the next twelve months. This suggests that the stock has a possible downside of 44.3%.
View analysts' price targets for Danaos
or view top-rated stocks among Wall Street analysts.

Who are Danaos' key executives?

Danaos' management team includes the following people:
  • Dr. John Coustas, Chairman, Pres & CEO (Age 65)
  • Mr. Evangelos Chatzis, CFO & Sec. (Age 48)
  • Mr. Iraklis Prokopakis, Sr. VP, COO, Treasurer & Director (Age 70)
  • Mr. Dimitris Vastarouchas, Deputy Chief Operating Officer (Age 53)

What is John Coustas' approval rating as Danaos' CEO?

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.

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 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).

What is Danaos' stock symbol?

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

Who are Danaos' major shareholders?

Danaos' stock is owned by a variety of retail and institutional investors. Top institutional investors include RBF Capital LLC (4.50%), Gratia Capital LLC (1.51%), Impala Asset Management LLC (1.05%), Skandinaviska Enskilda Banken AB publ (1.02%), Foundry Partners LLC (0.72%) and Morgan Stanley (0.69%).

Which institutional investors are selling Danaos stock?

DAC stock was sold by a variety of institutional investors in the last quarter, including RBF Capital LLC.

Which institutional investors are buying Danaos stock?

DAC stock was bought by a variety of institutional investors in the last quarter, including Gratia Capital LLC, Impala Asset Management LLC, Skandinaviska Enskilda Banken AB publ , Foundry Partners LLC, Morgan Stanley, Mackenzie Financial Corp, Alpha Paradigm Partners 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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Danaos' stock price today?

One share of DAC stock can currently be purchased for approximately $41.54.

How much money does Danaos make?

Danaos has a market capitalization of $1.03 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.

How many employees does Danaos have?

Danaos employs 1,148 workers across the globe.

What is Danaos' official website?

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

Where are Danaos' headquarters?

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

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 011-30-21-0449-6480 or via email at [email protected]


This page was last updated on 2/28/2021 by MarketBeat.com Staff

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