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NYSE:DAC

Danaos Stock Forecast, Price & News

$8.57
-0.59 (-6.44 %)
(As of 10/28/2020 12:00 AM ET)
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Compare
Today's Range
$8.48
Now: $8.57▼
$8.94
50-Day Range
$4.74
MA: $7.52▼
$9.85
52-Week Range
$2.50
Now: $8.57▼
$12.58
Volume115,409 shs
Average Volume144,159 shs
Market Capitalization$212.44 million
P/E Ratio1.28
Dividend YieldN/A
Beta1.19
Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company provides 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.
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Danaos logo

Beat the Market (BTM) Rank™

Analyst Opinion: 1.3Community Rank: 1.8Dividend Strength: 0.0Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -

Overall Beat the Market Rank™

1.11 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:DAC
Previous Symbol
CUSIPN/A
CIK1369241
Webwww.danaos.com
Phone011-30-21-0449-6480
Employees1,148

Debt

Debt-to-Equity Ratio1.42
Current Ratio0.61
Quick Ratio0.57

Price-To-Earnings

Trailing P/E Ratio1.28
Forward P/E Ratio1.22
P/E GrowthN/A

Sales & Book Value

Annual Sales$447.24 million
Price / Sales0.48
Cash Flow$10.33 per share
Price / Cash Flow0.83
Book Value$35.57 per share
Price / Book0.24

Profitability

EPS (Most Recent Fiscal Year)$9.17
Net Income$131.25 million
Net Margins30.39%
Return on Equity17.20%
Return on Assets5.68%

Miscellaneous

Outstanding Shares24,789,000
Market Cap$212.44 million
Next Earnings Date11/2/2020 (Estimated)
OptionableNot Optionable
$8.57
-0.59 (-6.44 %)
(As of 10/28/2020 12:00 AM 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 (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 89.2% and is now trading at $8.57.
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 earnings results on Monday, August, 3rd. The shipping company reported $1.71 EPS for the quarter, beating analysts' consensus estimates of $1.42 by $0.29. The shipping company had revenue of $116.82 million for the quarter, compared to analyst estimates of $106.46 million. Danaos had a net margin of 30.39% and a return on equity of 17.20%.
View Danaos' earnings history.

What price target have analysts set for DAC?

2 analysts have issued 12 month price targets for Danaos' shares. Their forecasts range from $6.25 to $9.00. On average, they expect Danaos' stock price to reach $7.63 in the next twelve months. This suggests that the stock has a possible downside of 11.0%.
View analysts' price targets for Danaos.

Who are some of Danaos' key competitors?

Some companies that are related to Danaos include Pacific Basin Shipping (PCFBY), SFL (SFL), DHT (DHT), Costamare (CMRE), Seacor (CKH), Star Bulk Carriers (SBLK), Scorpio Tankers (STNG), TORM (TRMD), Dorian LPG (LPG), Navigator (NVGS), Genco Shipping & Trading (GNK), Teekay (TK), Overseas Shipholding Group (OSG), Eagle Bulk Shipping (EGLE) and TSAKOS ENERGY N/SH (TNP).
View all 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).

Who are Danaos' key executives?

Danaos' management team includes the following people:
  • Dr. John Coustas, Chairman, Pres & CEO (Age 64)
  • Mr. Evangelos Chatzis, CFO & Sec. (Age 47)
  • Mr. Iraklis Prokopakis, Sr. VP, COO, Treasurer & Director (Age 69)
  • Mr. Dimitris Vastarouchas, Deputy Chief Operating Officer (Age 52)

What is Danaos' stock symbol?

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

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 $8.57.

How big of a company is Danaos?

Danaos has a market capitalization of $212.44 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 10/28/2020 by MarketBeat.com Staff
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