Danaos 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?
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?
Some companies that are related to Danaos Corporation include Safe Bulkers (SB), Navios Maritime Partners LP (NMM), Ardmore Shipping Corporation (ASC), StealthGas (GASS), Hornbeck Offshore Services (HOS), Global Ship Lease (GSL), Pyxis Tankers (PXS), Euroseas (ESEA), Baltic Trading Ltd (BALT), Capital Product Partners L.P. (CPLP), Diana Containerships (DCIX), DryShips (DRYS) and Hellenic Carriers Limited (HCL).
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?
Who sold Danaos Corporation stock? Who is selling Danaos Corporation stock?
Who bought Danaos Corporation stock? Who is buying Danaos Corporation stock?
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)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.
Consensus Ratings for Danaos Corporation (NYSE:DAC) (How are Consensus Ratings Calculated?) MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
| 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:
| Date | Firm | Action | Rating | Price Target | Impact on Share Price | Details |
|---|
| 8/16/2017 | Jefferies Group LLC | Reiterated Rating | Hold | $3.00 | Low |  |
| 1/10/2017 | Clarkson Capital | Reiterated Rating | Neutral | | N/A | |
(Data available from 8/20/2015 forward)
Earnings History for Danaos Corporation (NYSE:DAC)Earnings History by Quarter for Danaos Corporation (NYSE DAC)| Date | Quarter | Consensus Estimate | Actual EPS | Revenue Estimate | Actual Revenue | Release Link | Conference Call | Details |
|---|
| 12/21/2017 | | | | | | | | |
| 7/31/2017 | 6/30/2017 | $0.21 | $0.26 | $108.01 million | $113.88 million | View | N/A | |
| 5/30/2017 | 3/31/2017 | $0.18 | $0.22 | $104.37 million | $110.10 million | View | N/A | |
| 2/21/2017 | Q416 | $0.20 | $0.21 | $107.30 million | $112.10 million | View | N/A | |
| 12/15/2016 | Q316 | $0.47 | $0.21 | $122.28 million | $111.75 million | View | N/A | |
| 8/1/2016 | Q216 | $0.42 | $0.43 | $135.57 million | $137.00 million | View | N/A | |
| 5/4/2016 | Q116 | $0.41 | $0.43 | $138.95 million | $137.47 million | View | N/A | |
| 2/16/2016 | Q415 | $0.38 | $0.43 | $141.04 million | $143.30 million | View | Listen | |
| 11/3/2015 | Q315 | $0.34 | $0.40 | $138.93 million | $144.54 million | View | N/A | |
| 8/3/2015 | Q215 | $0.28 | $0.35 | $137.22 million | $141.50 million | View | N/A | |
| 4/27/2015 | Q115 | $0.21 | $0.28 | $136.60 million | $138.61 million | View | N/A | |
| 2/9/2015 | Q414 | $0.17 | $0.21 | $136.60 million | $140.70 million | View | N/A | |
| 10/29/2014 | Q314 | $0.12 | $0.16 | $213.30 million | $139.50 million | View | N/A | |
| 7/28/2014 | Q113 | $0.12 | $0.11 | $134.60 million | $136.40 million | View | N/A | |
| 5/5/2014 | Q1 2014 | $0.07 | $0.06 | $129.71 million | $135.49 million | View | N/A | |
| 2/10/2014 | Q4 13 | $0.12 | $0.14 | | | View | N/A | |
| 11/5/2012 | Q312 | $0.17 | $0.14 | $148.57 million | $156.30 million | View | N/A | |
| 7/30/2012 | | $0.18 | $0.15 | | | View | N/A | |
| 5/9/2012 | | $0.05 | $0.16 | | | View | N/A | |
| 2/21/2012 | | $0.16 | $0.15 | | | View | N/A | |
| 11/7/2011 | | $0.15 | $0.16 | | | View | N/A | |
| 7/25/2011 | | $0.13 | $0.15 | | | View | N/A | |
| 5/5/2011 | | $0.04 | $0.10 | | | View | N/A | |
(Data available from 1/1/2011 forward)
Earnings Estimates for Danaos Corporation (NYSE:DAC)2017 EPS Consensus Estimate: $0.82
| Quarter | Number of Estimates | Low Estimate | High Estimate | Average Estimate |
|---|
| Q1 2017 | 1 | $0.17 | $0.17 | $0.17 |
| Q2 2017 | 1 | $0.21 | $0.21 | $0.21 |
| Q3 2017 | 1 | $0.22 | $0.22 | $0.22 |
| Q4 2017 | 1 | $0.22 | $0.22 | $0.22 |
(Data provided by Zacks Investment Research)
Dividend History for Danaos Corporation (NYSE:DAC)
No dividend announcements for this company have been tracked by MarketBeat.com
Insider Trading History for Danaos Corporation (NYSE:DAC)
No insider trades for this company have been tracked by MarketBeat.com
Headline Trends for Danaos Corporation (NYSE:DAC)
Latest Headlines for Danaos Corporation (NYSE:DAC)
| Source: |
|
| Date | Headline |
|---|
 | Danaos Corporation (DAC) Given "Hold" Rating at Jefferies Group LLC
www.americanbankingnews.com - August 16 at 12:50 PM |
| Danaos Corporation (DAC) Downgraded by Zacks Investment Research
www.americanbankingnews.com - August 15 at 7:24 PM |
| Comparing Safe Bulkers (SB) & Danaos Corporation (NYSE:DAC)
www.americanbankingnews.com - August 12 at 4:22 PM |
| Contrasting Diana Containerships (DCIX) and Danaos Corporation (DAC)
www.americanbankingnews.com - August 9 at 8:40 AM |
| Danaos Corporation (DAC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - August 8 at 4:49 PM |
 | Thursday Sector Laggards: Shipping, Oil & Gas Exploration & Production Stocks
www.nasdaq.com - August 3 at 7:11 PM |
 | Danaos' (DAC) CEO John Coustas on Q2 2017 Results - Earnings Call Transcript
seekingalpha.com - August 1 at 11:26 PM |
 | Investor Network: Danaos Corporation to Host Earnings Call
finance.yahoo.com - August 1 at 6:26 PM |
| Danaos Corporation (NYSE:DAC) Releases Quarterly Earnings Results
www.americanbankingnews.com - August 1 at 11:28 AM |
| Danaos Corporation Reports Second Quarter and Half Year Results for the Period Ended June 30, 2017
finance.yahoo.com - July 31 at 5:35 PM |
| Danaos Corporation Announces Date for the Release of Second Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - July 28 at 7:43 PM |
| Danaos Corporation (DAC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 14 at 6:45 PM |
| BidaskClub Upgrades Danaos Corporation (NYSE:DAC) to "Hold"
www.americanbankingnews.com - July 14 at 6:12 PM |
| Danaos Corporation (DAC) Receives "Hold" Rating from Jefferies Group LLC
www.americanbankingnews.com - July 10 at 8:38 AM |
| Zacks: Analysts Set $3.00 Price Target for Danaos Corporation (NYSE:DAC)
www.americanbankingnews.com - July 6 at 12:52 PM |
| Will Danaos (DAC) Continue to Surge Higher?
finance.yahoo.com - June 30 at 5:49 PM |
| Earnings Review and Free Research Report: Dynagas Reports Better Than Expected Earnings
finance.yahoo.com - June 28 at 5:38 PM |
| Top Ranked Value Stocks to Buy for June 28th
finance.yahoo.com - June 28 at 5:38 PM |
| Danaos Corp. :DAC-US: Earnings Analysis: Q1, 2017 By the Numbers : June 26, 2017
finance.yahoo.com - June 26 at 5:27 PM |
| Danaos Corporation (DAC) Upgraded by Zacks Investment Research to "Buy"
www.americanbankingnews.com - June 20 at 9:14 PM |
| Analyzing StealthGas (GASS) & Danaos Corporation (DAC)
www.americanbankingnews.com - June 16 at 4:46 PM |
| Danaos Corporation (DAC) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - June 12 at 8:30 PM |
| Danaos Co. (DAC) Stock Rating Lowered by ValuEngine
www.americanbankingnews.com - June 4 at 9:16 PM |
| Danaos Co. (DAC) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - May 31 at 7:32 AM |
| Danaos posts 1Q profit
finance.yahoo.com - May 30 at 9:36 PM |
| Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2017
finance.yahoo.com - May 30 at 4:35 PM |
| Danaos Co. (DAC) Receives Average Rating of "" from Analysts
www.americanbankingnews.com - May 25 at 8:08 AM |
| Danaos Corporation Announces Date for the Release of First Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - May 24 at 9:30 PM |
| Danaos Co. (DAC) Given $3.00 Consensus Target Price by Brokerages
www.americanbankingnews.com - May 2 at 12:08 AM |
| Danaos (DAC) Earns Media Impact Score of 0.44
www.americanbankingnews.com - April 27 at 2:18 PM |
| Danaos Co. (DAC) Upgraded to "Hold" by Zacks Investment Research
www.americanbankingnews.com - April 25 at 8:52 PM |
| Danaos (DAC) Receiving Favorable Media Coverage, Study Finds
www.americanbankingnews.com - April 24 at 3:48 PM |
| Danaos (DAC) Getting Favorable Press Coverage, AlphaOne Reports
www.americanbankingnews.com - April 20 at 4:56 PM |
| Danaos (DAC) Receiving Favorable Media Coverage, AlphaOne Reports
www.americanbankingnews.com - April 17 at 1:20 PM |
| Danaos (DAC) Getting Somewhat Positive News Coverage, Study Finds
www.americanbankingnews.com - April 13 at 6:15 PM |
| Zacks: Analysts Set $3.00 Target Price for Danaos Co. (DAC)
www.americanbankingnews.com - April 11 at 4:16 PM |
| Danaos Co. (DAC) Earns Hold Rating from Jefferies Group LLC
www.americanbankingnews.com - March 27 at 1:34 PM |
| Zacks: Danaos Co. (DAC) Receives Consensus Rating of "" from Analysts
www.americanbankingnews.com - March 27 at 11:33 AM |
| Danaos (DAC) Shows Strength: Stock Moves 15.2% Higher
finance.yahoo.com - March 17 at 4:58 PM |
| DANAOS CORP Financials
finance.yahoo.com - March 10 at 5:45 PM |
| Danaos 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 |
| Danaos' (DAC) CEO John Coustas on Q4 2016 Results - Earnings Call Transcript
seekingalpha.com - February 22 at 9:56 PM |
| Q4 2016 Danaos Corp Earnings Release - After Market Close
us.rd.yahoo.com - February 22 at 5:26 AM |
 | Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2016
us.rd.yahoo.com - February 22 at 5:26 AM |
| Danaos Corporation Announces Date for the Release of Fourth Quarter 2016 Results, Conference Call and Webcast
finance.yahoo.com - February 16 at 1:59 PM |
| A Better Approach To Ship Valuations
seekingalpha.com - January 25 at 10:49 PM |
| What Makes Danaos (DAC) a Strong Sell?
finance.yahoo.com - December 22 at 4:52 PM |
| Danaos' (DAC) CEO John Coustas on Q3 2016 Results - Earnings Call Transcript
seekingalpha.com - December 16 at 5:06 PM |
 | DryShips Shares Float Higher Again With New Loan
www.thestreet.com - December 16 at 5:06 PM |
 | Danaos Corporation (DAC) Misses Q3 EPS by 26c
www.streetinsider.com - December 16 at 3:08 AM |
Danaos Corporation (DAC) Chart for Sunday, August, 20, 2017
