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, 2018, it had a fleet of 55 containerships aggregating 327,616 twenty foot equivalent units. 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.
Industry, Sector and Symbol
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:DAC
CUSIPN/A
Phone30 210 41 96 480
Debt
Debt-to-Equity RatioN/A
Current Ratio0.05
Quick Ratio0.05
Price-To-Earnings
Trailing P/E Ratio1.48
Forward P/E Ratio2.21
P/E GrowthN/A
Sales & Book Value
Annual Sales$451.73 million
Price / Sales0.38
Cash Flow$2.0946 per share
Price / Cash0.74
Book Value$5.00 per share
Price / Book0.31
Profitability
EPS (Most Recent Fiscal Year)$1.05
Net Income$83.90 million
Net Margins17.74%
Return on Equity22.77%
Return on Assets3.94%
Miscellaneous
Employees1,145
Outstanding Shares109,800,000
Market Cap$186.66 million
Danaos (NYSE:DAC) Frequently Asked Questions
What is Danaos' stock symbol?
Danaos trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAC."
How were Danaos' earnings last quarter?
Danaos Co. (NYSE:DAC) announced its earnings results on Tuesday, June, 26th. The shipping company reported $0.25 EPS for the quarter, beating the consensus estimate of $0.18 by $0.07. The shipping company earned $111.85 million during the quarter, compared to the consensus estimate of $103.98 million. Danaos had a return on equity of 22.77% and a net margin of 17.74%. View Danaos' Earnings History.
When is Danaos' next earnings date?
What price target have analysts set for DAC?
1 equities research analysts have issued 1 year target prices for Danaos' stock. Their predictions range from $2.00 to $2.00. On average, they expect Danaos' share price to reach $2.00 in the next twelve months. This suggests a possible upside of 29.0% from the stock's current price. View Analyst Price Targets for Danaos.
What is the consensus analysts' recommendation for Danaos?
1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Danaos in the last year. There are currently 1 hold rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Danaos.
Who are some of Danaos' key competitors?
Some companies that are related to Danaos include Scorpio Tankers (STNG), Teekay (TK), Navigator (NVGS), DHT (DHT), Genco Shipping & Trading (GNK), Gener8 Maritime (GNRT), Scorpio Bulkers (SALT), DryShips (DRYS), Diana Shipping (DSX), Dorian LPG (LPG), SEACOR Marine (SMHI), Eagle Bulk Shipping (EGLE), Capital Product Partners (CPLP), Navios Maritime Partners (NMM) and Safe Bulkers (SB).
Who are Danaos' key executives?
Danaos' management team includes the folowing people:
- Dr. John Coustas, Chairman, Chief Exec. Officer and Pres (Age 62)
- Mr. Evangelos Chatzis, Chief Financial Officer and Sec. (Age 45)
- Mr. Iraklis Prokopakis, Chief Operating Officer, Sr. VP, Treasurer and Director (Age 67)
- Mr. Dimitris Vastarouchas, Deputy Chief Operating Officer and Technical Director (Age 50)
Has Danaos been receiving favorable news coverage?
Media stories about DAC stock have been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive media coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Danaos earned a media and rumor sentiment score of 0.13 on Accern's scale. They also assigned news headlines about the shipping company an impact score of 50.17 out of 100, meaning that recent media coverage is somewhat likely to have an impact on the company's share price in the immediate future. View Recent Headlines for Danaos.
Who are Danaos' major shareholders?
Danaos' stock is owned by a variety of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (0.08%).
Which major investors are buying Danaos stock?
DAC stock was bought by a variety of institutional investors in the last quarter, including Renaissance Technologies 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, Scottrade, Fidelity and Charles Schwab.
What is Danaos' stock price today?
One share of DAC stock can currently be purchased for approximately $1.55.
How big of a company is Danaos?
Danaos has a market capitalization of $186.66 million and generates $451.73 million in revenue each year. The shipping company earns $83.90 million in net income (profit) each year or $1.05 on an earnings per share basis. Danaos employs 1,145 workers across the globe.
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 30 210 41 96 480 or via email at [email protected]
MarketBeat Community Rating for Danaos (NYSE DAC)
MarketBeat's community ratings are surveys of what our community members think about Danaos and other stocks. Vote "Outperform" if you believe DAC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe DAC will underperform the S&P 500 over the long term. You may vote once every thirty days.
