Danaos Stock Forecast, Price & News

3 Wall Street 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 analysts is that investors should "buy" Danaos stock.
View analyst ratings for Danaos or view top-rated stocks.

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

Danaos Co. (NYSE:DAC) posted its earnings results on Monday, February, 15th. The shipping company reported $2.29 earnings per share (EPS) for the quarter, topping the Thomson Reuters' consensus estimate of $2.27 by $0.02. The shipping company had revenue of $119.64 million for the quarter, compared to the consensus estimate of $115.48 million. Danaos had a net margin of 31.89% and a trailing twelve-month return on equity of 17.25%.
View Danaos' earnings history.

Danaos' stock was trading at $4.53 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization (WHO). Since then, DAC stock has increased by 1,074.2% and is now trading at $53.19.
View which stocks have been most impacted by COVID-19.

3 analysts have issued 1 year target prices for Danaos' shares. Their forecasts range from $6.25 to $67.00. On average, they anticipate Danaos' share price to reach $44.42 in the next twelve months. This suggests that the stock has a possible downside of 16.5%.
View analysts' price targets for Danaos or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to Danaos include Atlas (ATCO), Euronav (EURN), Star Bulk Carriers (SBLK), Frontline (FRO), Pacific Basin Shipping (PCFBY), Costamare (CMRE), Scorpio Tankers (STNG), DHT (DHT), SFL (SFL), Seacor (CKH), TORM (TRMD), Navigator (NVGS), Dorian LPG (LPG), Global Ship Lease (GSL) and Genco Shipping & Trading (GNK).
View all of DAC's competitors.

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).

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

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.
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One share of DAC stock can currently be purchased for approximately $53.19.

Danaos has a market capitalization of $1.09 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.

Danaos employs 1,148 workers across the globe.

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

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

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]