S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
S&P 500   4,538.43
DOW   34,580.08
QQQ   383.13
NYSE:DAC

Danaos Stock Forecast, Price & News

$68.59
-0.27 (-0.39%)
(As of 12/3/2021 12:00 AM ET)
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Today's Range
$65.74
$69.31
50-Day Range
$65.69
$81.90
52-Week Range
$13.14
$89.41
Volume
315,041 shs
Average Volume
319,255 shs
Market Capitalization
$1.41 billion
P/E Ratio
1.52
Dividend Yield
2.90%
Beta
1.54
30 days | 90 days | 365 days | Advanced Chart
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Danaos logo

About Danaos

Danaos Corp. engages in the provision of marine and seaborne transportation services. It offers services by operating vessels in the containership sector of the shipping industry. The company was founded by Dimitris Coustas in1972 and is headquartered in Piraeus, Greece.

Headlines

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Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
1,296
Year Founded
N/A

Sales & Book Value

Annual Sales
$461.59 million
Cash Flow
$14.56 per share
Book Value
$93.34 per share

Profitability

Net Income
$153.55 million
Pretax Margin
156.54%

Debt

Price-To-Earnings

Miscellaneous

Free Float
N/A
Market Cap
$1.41 billion
Optionable
Not Optionable

Company Calendar

Last Earnings
11/07/2021
Ex-Dividend
11/18/2021
Dividend Payable
12/02/2021
Today
12/05/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
2/15/2022

MarketRank

Overall MarketRank

2.77 out of 5 stars

Transportation Sector

23rd out of 172 stocks

Deep Sea Foreign Transportation Of Freight Industry

6th out of 45 stocks

Analyst Opinion: 2.3Community Rank: 3.6Dividend Strength: 2.5Insider Behavior: 1.7Valuation: 3.8 5 -4 -3 -2 -1 -












Danaos (NYSE:DAC) Frequently Asked Questions

Is Danaos a buy right now?

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.

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. Since then, DAC shares have increased by 1,414.1% and is now trading at $68.59.
View which stocks have been most impacted by COVID-19
.

When is Danaos' next earnings date?

Danaos is scheduled to release its next quarterly earnings announcement on Tuesday, February 15th 2022.
View our earnings forecast for Danaos
.

How were Danaos' earnings last quarter?

Danaos Co. (NYSE:DAC) issued its quarterly earnings results on Sunday, November, 7th. The shipping company reported $5.32 earnings per share for the quarter, beating analysts' consensus estimates of $3.26 by $2.06. The shipping company earned $195.92 million during the quarter, compared to the consensus estimate of $157.88 million. Danaos had a net margin of 156.54% and a trailing twelve-month return on equity of 18.59%. During the same period last year, the firm posted $1.91 earnings per share.
View Danaos' earnings history
.

How often does Danaos pay dividends? What is the dividend yield for Danaos?

Danaos announced a quarterly dividend on Monday, November 8th. Shareholders of record on Friday, November 19th will be paid a dividend of $0.50 per share on Thursday, December 2nd. This represents a $2.00 annualized dividend and a yield of 2.92%. The ex-dividend date of this dividend is Thursday, November 18th.
View Danaos' dividend history
.

Is Danaos a good dividend stock?

Danaos pays an annual dividend of $2.00 per share and currently has a dividend yield of 2.90%. Danaos does not yet have a strong track record of dividend growth. The dividend payout ratio of Danaos is 4.43%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Danaos will have a dividend payout ratio of 9.32% next year. This indicates that Danaos will be able to sustain or increase its dividend.
View Danaos' dividend history.

What price target have analysts set for DAC?

3 brokers have issued 1-year price targets for Danaos' stock. Their forecasts range from $67.00 to $90.00. On average, they anticipate Danaos' share price to reach $82.33 in the next year. This suggests a possible upside of 20.0% from the stock's current price.
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:
  • John Coustas, Chairman, President & Chief Executive Officer
  • Iraklis Prokopakis, COO, Treasurer, Director & Senior Vice President
  • Evangelos Chatzis, Chief Financial Officer & Secretary
  • Dimitris Vastarouchas, Technical Director & Deputy COO

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.

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 many different institutional and retail investors. Top institutional shareholders include Jane Street Group LLC (0.00%), Arrowstreet Capital Limited Partnership (0.99%), PEAK6 Investments LLC (0.00%), Citadel Advisors LLC (0.00%), Two Sigma Advisers LP (0.66%) and Lonestar Capital Management LLC (0.56%).

Which institutional investors are selling Danaos stock?

DAC stock was sold by a variety of institutional investors in the last quarter, including Caption Management LLC, Renaissance Technologies LLC, Lonestar Capital Management LLC, Marshall Wace LLP, Millennium Management LLC, Commonwealth Equity Services LLC, Mackenzie Financial Corp, and Morgan Stanley.

Which institutional investors are buying Danaos stock?

DAC stock was acquired by a variety of institutional investors in the last quarter, including Jane Street Group LLC, PEAK6 Investments LLC, Advisory Research Inc., Two Sigma Advisers LP, Arrowstreet Capital Limited Partnership, Capital Fund Management S.A., Wolverine Trading LLC, and Voloridge Investment Management 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 $68.59.

How much money does Danaos make?

Danaos has a market capitalization of $1.41 billion and generates $461.59 million in revenue each year. The shipping company earns $153.55 million in net income (profit) each year or $45.19 on an earnings per share basis.

How many employees does Danaos have?

Danaos employs 1,296 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 302104196480, via email at [email protected], or via fax at 30 210 419 6480.


This page was last updated on 12/5/2021 by MarketBeat.com Staff

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