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NYSE:DAC

Danaos Stock Forecast, Price & News

$6.48
-0.57 (-8.09 %)
(As of 09/21/2020 01:52 PM ET)
Add
Compare
Today's Range
$6.12
Now: $6.48
$7.00
50-Day Range
$3.50
MA: $4.88
$6.79
52-Week Range
$2.50
Now: $6.48
$13.12
Volume11,349 shs
Average Volume132,129 shs
Market Capitalization$160.63 million
P/E Ratio0.97
Dividend YieldN/A
Beta1.41
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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Danaos logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 1.9 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.39 out of 5 stars


Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
CUSIPN/A
Phone011-30-21-0449-6480

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$447.24 million
Cash Flow$12.46 per share
Book Value$35.57 per share

Profitability

Net Income$131.25 million

Miscellaneous

Employees1,148
Market Cap$160.63 million
Next Earnings Date11/2/2020 (Estimated)
OptionableNot Optionable
$6.48
-0.57 (-8.09 %)
(As of 09/21/2020 01:52 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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Danaos (NYSE:DAC) Frequently Asked Questions

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

Danaos' stock was trading at $4.53 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, DAC stock has increased by 43.0% and is now trading at $6.48.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of Danaos?

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, resulting in a consensus recommendation of "Buy."
View analyst ratings for Danaos
.

When is Danaos' next earnings date?

Danaos is scheduled to release its next quarterly earnings announcement on Monday, November 2nd 2020.
View our earnings forecast for Danaos
.

How were Danaos' earnings last quarter?

Danaos Co. (NYSE:DAC) posted its quarterly earnings data on Monday, August, 3rd. The shipping company reported $1.71 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of $1.42 by $0.29. The shipping company earned $116.82 million during the quarter, compared to analyst estimates of $106.46 million. Danaos had a return on equity of 17.20% and a net margin of 30.39%.
View Danaos' earnings history
.

What price target have analysts set for DAC?

2 brokers have issued 12-month target prices for Danaos' stock. Their forecasts range from $8.00 to $9.00. On average, they expect Danaos' stock price to reach $8.50 in the next year. This suggests a possible upside of 31.2% from the stock's current price.
View analysts' price targets for Danaos
.

Are investors shorting Danaos?

Danaos saw a increase in short interest during the month of August. As of August 31st, there was short interest totaling 701,700 shares, an increase of 18.3% from the August 15th total of 593,400 shares. Based on an average daily volume of 143,100 shares, the days-to-cover ratio is presently 4.9 days. Approximately 5.0% of the shares of the stock are sold short.
View Danaos' Short Interest
.

Who are some of Danaos' key competitors?

What other stocks do shareholders of Danaos own?

Who are Danaos' key executives?

Danaos' management team includes the following 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)

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 number of institutional and retail investors. Top institutional shareholders include RBF Capital LLC (5.34%), No Street GP LP (5.06%), Lonestar Capital Management LLC (1.76%) and PDT Partners LLC (0.07%).

Which institutional investors are selling Danaos stock?

DAC stock was sold by a variety of institutional investors in the last quarter, including Lonestar Capital Management LLC, No Street GP LP, and 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 PDT Partners 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, Robinhood, Fidelity, and Charles Schwab.

What is Danaos' stock price today?

One share of DAC stock can currently be purchased for approximately $6.48.

How big of a company is Danaos?

Danaos has a market capitalization of $160.63 million 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 1,148 workers across the globe.

What is Danaos' official website?

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

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 9/21/2020 by MarketBeat.com Staff

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