Danaos Corporation Company Profile (NYSE:DAC)

About Danaos Corporation (NYSE:DAC)

Danaos Corporation logoDanaos Corporation is a holding company and an international owner of containerships, chartering its vessels to a range of liner companies. The Company's principal business is the acquisition and operation of vessels. The Company conducts its operations through the vessel owning companies, whose principal activity is the ownership and operation of containerships that are under the management of a related party of the company. The Company's manager is Danaos Shipping Company Limited (Danaos Shipping). The Company has a fleet of over 50 containerships aggregating approximately 329,590 twenty-foot equivalent units (TEUs). Its containership fleet includes approximately 53 containerships deployed on time charters and approximately two containerships deployed on bareboat charter. Gemini Shipholdings Corporation (Gemini), a company beneficially owned by the Company, owns approximately four additional containerships of over 24,000 TEU aggregate capacity.

Industry, Sector and Symbol:
  • Sector: Transportation
  • Industry: Deep Sea Freight
  • Sub-Industry: N/A
  • Symbol: NYSE:DAC
  • CUSIP: N/A
  • Web: www.danaos.com
Capitalization:
  • Market Cap: $153.72 million
  • Outstanding Shares: 109,799,000
Average Prices:
  • 50 Day Moving Avg: $1.86
  • 200 Day Moving Avg: $1.83
  • 52 Week Range: $1.25 - $4.40
P/E:
  • Trailing P/E Ratio: N/A
  • Foreward P/E Ratio: 1.51
  • P/E Growth: 0.52
Sales & Book Value:
  • Annual Revenue: $447.83 million
  • Price / Sales: 0.34
  • Book Value: $4.50 per share
  • Price / Book: 0.31
Profitability:
  • EBIDTA: $281.14 million
  • Net Margins: -92.96%
  • Return on Equity: 16.72%
  • Return on Assets: 3.09%
Debt:
  • Current Ratio: 0.05%
  • Quick Ratio: 0.05%
Misc:
  • Average Volume: 116,144 shs.
  • Beta: 1.29
  • Short Ratio: 1.55
 

Frequently Asked Questions for Danaos Corporation (NYSE:DAC)

What is Danaos Corporation's stock symbol?

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

How were Danaos Corporation's earnings last quarter?

Danaos Corporation (NYSE:DAC) issued its quarterly earnings data on Monday, July, 31st. The company reported $0.26 EPS for the quarter, beating the consensus estimate of $0.21 by $0.05. The firm earned $113.88 million during the quarter, compared to the consensus estimate of $108.01 million. Danaos Corporation had a negative net margin of 92.96% and a positive return on equity of 16.72%. The company's quarterly revenue was down 16.9% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.43 earnings per share. View Danaos Corporation's Earnings History.

When will Danaos Corporation make its next earnings announcement?

Danaos Corporation is scheduled to release their next quarterly earnings announcement on Thursday, December, 21st 2017. View Earnings Estimates for Danaos Corporation.

Where is Danaos Corporation's stock going? Where will Danaos Corporation's stock price be in 2017?

2 analysts have issued 12 month price targets for Danaos Corporation's stock. Their forecasts range from $3.00 to $3.00. On average, they expect Danaos Corporation's stock price to reach $3.00 in the next twelve months. View Analyst Ratings for Danaos Corporation.

Who are some of Danaos Corporation's key competitors?

Who are Danaos Corporation's key executives?

Danaos Corporation's management team includes the folowing people:

  • John Coustas Ph.D., President, Chief Executive Officer, Director
  • Evangelos Chatzis, Chief Financial Officer, Secretary
  • Iraklis Prokopakis, Chief Operating Officer, Senior Vice President, Treasurer, Director
  • Dimitris Vastarouchas, Deputy Chief Operating Officer, Technical Director
  • William C. Repko, Director
  • George Economou, Independent Director
  • Myles R. Itkin, Independent Director
  • Miklos Konkoly-Thege, Independent Director

Who owns Danaos Corporation stock?

Danaos Corporation's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Neuberger Berman Group LLC (1.58%) and Bank of New York Mellon Corp (0.10%). View Institutional Ownership Trends for Danaos Corporation.

Who sold Danaos Corporation stock? Who is selling Danaos Corporation stock?

Danaos Corporation's stock was sold by a variety of institutional investors in the last quarter, including Neuberger Berman Group LLC. View Insider Buying and Selling for Danaos Corporation.

Who bought Danaos Corporation stock? Who is buying Danaos Corporation stock?

Danaos Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp. View Insider Buying and Selling for Danaos Corporation.

How do I buy Danaos Corporation stock?

Shares of Danaos Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Danaos Corporation's stock price today?

One share of Danaos Corporation stock can currently be purchased for approximately $1.40.


MarketBeat Community Rating for Danaos Corporation (NYSE DAC)
Community Ranking:  1.0 out of 5 ()
Outperform Votes:  27 (Vote Outperform)
Underperform Votes:  102 (Vote Underperform)
Total Votes:  129
MarketBeat's community ratings are surveys of what our community members think about Danaos Corporation and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Consensus Ratings for Danaos Corporation (NYSE:DAC) (How are Consensus Ratings Calculated?)
Ratings Breakdown: 2 Hold Ratings
Consensus Rating:Hold (Score: 2.00)
Consensus Price Target: $3.00 (114.29% upside)

Analysts' Ratings History for Danaos Corporation (NYSE:DAC)
Show:
DateFirmActionRatingPrice TargetImpact on Share PriceDetails
8/16/2017Jefferies Group LLCReiterated RatingHold$3.00LowView Rating Details
1/10/2017Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
(Data available from 8/20/2015 forward)

Earnings

Earnings History for Danaos Corporation (NYSE:DAC)
Earnings by Quarter for Danaos Corporation (NYSE:DAC)
Earnings History by Quarter for Danaos Corporation (NYSE DAC)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
12/21/2017        
7/31/20176/30/2017$0.21$0.26$108.01 million$113.88 millionViewN/AView Earnings Details
5/30/20173/31/2017$0.18$0.22$104.37 million$110.10 millionViewN/AView Earnings Details
2/21/2017Q416$0.20$0.21$107.30 million$112.10 millionViewN/AView Earnings Details
12/15/2016Q316$0.47$0.21$122.28 million$111.75 millionViewN/AView Earnings Details
8/1/2016Q216$0.42$0.43$135.57 million$137.00 millionViewN/AView Earnings Details
5/4/2016Q116$0.41$0.43$138.95 million$137.47 millionViewN/AView Earnings Details
2/16/2016Q415$0.38$0.43$141.04 million$143.30 millionViewListenView Earnings Details
11/3/2015Q315$0.34$0.40$138.93 million$144.54 millionViewN/AView Earnings Details
8/3/2015Q215$0.28$0.35$137.22 million$141.50 millionViewN/AView Earnings Details
4/27/2015Q115$0.21$0.28$136.60 million$138.61 millionViewN/AView Earnings Details
2/9/2015Q414$0.17$0.21$136.60 million$140.70 millionViewN/AView Earnings Details
10/29/2014Q314$0.12$0.16$213.30 million$139.50 millionViewN/AView Earnings Details
7/28/2014Q113$0.12$0.11$134.60 million$136.40 millionViewN/AView Earnings Details
5/5/2014Q1 2014$0.07$0.06$129.71 million$135.49 millionViewN/AView Earnings Details
2/10/2014Q4 13$0.12$0.14ViewN/AView Earnings Details
11/5/2012Q312$0.17$0.14$148.57 million$156.30 millionViewN/AView Earnings Details
7/30/2012$0.18$0.15ViewN/AView Earnings Details
5/9/2012$0.05$0.16ViewN/AView Earnings Details
2/21/2012$0.16$0.15ViewN/AView Earnings Details
11/7/2011$0.15$0.16ViewN/AView Earnings Details
7/25/2011$0.13$0.15ViewN/AView Earnings Details
5/5/2011$0.04$0.10ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Danaos Corporation (NYSE:DAC)
2017 EPS Consensus Estimate: $0.82
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20171$0.17$0.17$0.17
Q2 20171$0.21$0.21$0.21
Q3 20171$0.22$0.22$0.22
Q4 20171$0.22$0.22$0.22
(Data provided by Zacks Investment Research)

Dividends

Dividend History for Danaos Corporation (NYSE:DAC)
No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Danaos Corporation (NYSE:DAC)
No insider trades for this company have been tracked by MarketBeat.com

Headlines

Headline Trends for Danaos Corporation (NYSE:DAC)
Latest Headlines for Danaos Corporation (NYSE:DAC)
Source:
DateHeadline
americanbankingnews.com logoDanaos Corporation (DAC) Given "Hold" Rating at Jefferies Group LLC
www.americanbankingnews.com - August 16 at 12:50 PM
americanbankingnews.com logoDanaos Corporation (DAC) Downgraded by Zacks Investment Research
www.americanbankingnews.com - August 15 at 7:24 PM
americanbankingnews.com logoComparing Safe Bulkers (SB) & Danaos Corporation (NYSE:DAC)
www.americanbankingnews.com - August 12 at 4:22 PM
americanbankingnews.com logoContrasting Diana Containerships (DCIX) and Danaos Corporation (DAC)
www.americanbankingnews.com - August 9 at 8:40 AM
americanbankingnews.com logoDanaos Corporation (DAC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 8 at 4:49 PM
nasdaq.com logoThursday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks
www.nasdaq.com - August 3 at 7:11 PM
seekingalpha.com logoDanaos' (DAC) CEO John Coustas on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 1 at 11:26 PM
finance.yahoo.com logoInvestor Network: Danaos Corporation to Host Earnings Call
finance.yahoo.com - August 1 at 6:26 PM
americanbankingnews.com logoDanaos Corporation (NYSE:DAC) Releases Quarterly Earnings Results
www.americanbankingnews.com - August 1 at 11:28 AM
finance.yahoo.com logoDanaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2017
finance.yahoo.com - July 31 at 5:35 PM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of Second Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - July 28 at 7:43 PM
americanbankingnews.com logoDanaos Corporation (DAC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 14 at 6:45 PM
americanbankingnews.com logoBidaskClub Upgrades Danaos Corporation (NYSE:DAC) to "Hold"
www.americanbankingnews.com - July 14 at 6:12 PM
americanbankingnews.com logoDanaos Corporation (DAC) Receives "Hold" Rating from Jefferies Group LLC
www.americanbankingnews.com - July 10 at 8:38 AM
americanbankingnews.com logoZacks: Analysts Set $3.00 Price Target for Danaos Corporation (NYSE:DAC)
www.americanbankingnews.com - July 6 at 12:52 PM
finance.yahoo.com logoWill Danaos (DAC) Continue to Surge Higher?
finance.yahoo.com - June 30 at 5:49 PM
finance.yahoo.com logoEarnings Review and Free Research Report: Dynagas Reports Better Than Expected Earnings
finance.yahoo.com - June 28 at 5:38 PM
finance.yahoo.com logoTop Ranked Value Stocks to Buy for June 28th
finance.yahoo.com - June 28 at 5:38 PM
finance.yahoo.com logoDanaos Corp. :DAC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 26 at 5:27 PM
americanbankingnews.com logoDanaos Corporation (DAC) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - June 20 at 9:14 PM
americanbankingnews.com logoAnalyzing StealthGas (GASS) & Danaos Corporation (DAC)
www.americanbankingnews.com - June 16 at 4:46 PM
americanbankingnews.com logo Danaos Corporation (DAC) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 12 at 8:30 PM
americanbankingnews.com logoDanaos Co. (DAC) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - June 4 at 9:16 PM
americanbankingnews.com logoDanaos Co. (DAC) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - May 31 at 7:32 AM
finance.yahoo.com logoDanaos posts 1Q profit
finance.yahoo.com - May 30 at 9:36 PM
finance.yahoo.com logoDanaos Corporation Reports First Quarter Results for the Period Ended March 31, 2017
finance.yahoo.com - May 30 at 4:35 PM
americanbankingnews.com logo Danaos Co. (DAC) Receives Average Rating of "" from Analysts
www.americanbankingnews.com - May 25 at 8:08 AM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of First Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - May 24 at 9:30 PM
americanbankingnews.com logo Danaos Co. (DAC) Given $3.00 Consensus Target Price by Brokerages
www.americanbankingnews.com - May 2 at 12:08 AM
americanbankingnews.com logoDanaos (DAC) Earns Media Impact Score of 0.44
www.americanbankingnews.com - April 27 at 2:18 PM
americanbankingnews.com logoDanaos Co. (DAC) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 25 at 8:52 PM
americanbankingnews.com logoDanaos (DAC) Receiving Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 24 at 3:48 PM
americanbankingnews.com logoDanaos (DAC) Getting Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 4:56 PM
americanbankingnews.com logoDanaos (DAC) Receiving Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 17 at 1:20 PM
americanbankingnews.com logoDanaos (DAC) Getting Somewhat Positive News Coverage, Study Finds
www.americanbankingnews.com - April 13 at 6:15 PM
americanbankingnews.com logoZacks: Analysts Set $3.00 Target Price for Danaos Co. (DAC)
www.americanbankingnews.com - April 11 at 4:16 PM
americanbankingnews.com logoDanaos Co. (DAC) Earns Hold Rating from Jefferies Group LLC
www.americanbankingnews.com - March 27 at 1:34 PM
americanbankingnews.com logoZacks: Danaos Co. (DAC) Receives Consensus Rating of "" from Analysts
www.americanbankingnews.com - March 27 at 11:33 AM
finance.yahoo.com logoDanaos (DAC) Shows Strength: Stock Moves 15.2% Higher
finance.yahoo.com - March 17 at 4:58 PM
finance.yahoo.com logoDANAOS CORP Financials
finance.yahoo.com - March 10 at 5:45 PM
finance.yahoo.com logoDanaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2016
finance.yahoo.com - March 7 at 12:05 PM
seekingalpha.com logoDanaos' (DAC) CEO John Coustas on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 22 at 9:56 PM
biz.yahoo.com logoQ4 2016 Danaos Corp Earnings Release - After Market Close
us.rd.yahoo.com - February 22 at 5:26 AM
us.rd.yahoo.com logoDanaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2016
us.rd.yahoo.com - February 22 at 5:26 AM
finance.yahoo.com logoDanaos Corporation Announces Date for the Release of Fourth Quarter 2016 Results, Conference Call and Webcast
finance.yahoo.com - February 16 at 1:59 PM
seekingalpha.com logoA Better Approach To Ship Valuations
seekingalpha.com - January 25 at 10:49 PM
finance.yahoo.com logoWhat Makes Danaos (DAC) a Strong Sell?
finance.yahoo.com - December 22 at 4:52 PM
seekingalpha.com logoDanaos' (DAC) CEO John Coustas on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - December 16 at 5:06 PM
thestreet.com logoDryShips Shares Float Higher Again With New Loan
www.thestreet.com - December 16 at 5:06 PM
streetinsider.com logoDanaos Corporation (DAC) Misses Q3 EPS by 26c
www.streetinsider.com - December 16 at 3:08 AM

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Chart

Danaos Corporation (DAC) Chart for Sunday, August, 20, 2017

This page was last updated on 8/20/2017 by MarketBeat.com Staff