Danaos Stock Price, News & Analysis (NYSE:DAC)

$1.35 0.00 (0.00 %)
(As of 02/18/2018 04:00 PM ET)
Previous Close$1.35
Today's Range$1.30 - $1.40
52-Week Range$1.25 - $3.20
Volume33,981 shs
Average Volume65,534 shs
Market Capitalization$148.23 million
P/E Ratio1.78
Dividend YieldN/A
Beta0.78

About Danaos (NYSE:DAC)

Danaos 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.

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Industry, Sector and Symbol

Industry Deep Sea Freight
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:DAC
CUSIPN/A
Phone30 210 419 6480

Debt

Debt-to-Equity RatioN/A
Current Ratio0.05%
Quick Ratio0.05%

Price-To-Earnings

Trailing P/E Ratio1.77631578947368
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$451.73 million
Price / Sales0.33
Cash Flow$2.76 per share
Price / Cash0.49
Book Value$4.44 per share
Price / Book0.30

Profitability

Trailing EPS$0.76
Net Income$-366,190,000.00
Net Margins18.57%
Return on Equity23.24%
Return on Assets3.80%

Miscellaneous

Employees1,196
Outstanding Shares109,800,000

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) posted its quarterly earnings results on Monday, October, 30th. The shipping company reported $0.27 EPS for the quarter, topping the consensus estimate of $0.23 by $0.04. The shipping company earned $113.59 million during the quarter, compared to analysts' expectations of $107.58 million. Danaos had a net margin of 18.57% and a return on equity of 23.24%. The firm's revenue was up 1.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.21 EPS. View Danaos' Earnings History.

When will Danaos make its next earnings announcement?

Danaos is scheduled to release their next quarterly earnings announcement on Tuesday, May, 29th 2018. View Earnings Estimates for Danaos.

Where is Danaos' stock going? Where will Danaos' stock price be in 2018?

1 equities research analysts have issued 1-year price targets for Danaos' shares. Their predictions range from $3.00 to $3.00. On average, they anticipate Danaos' share price to reach $3.00 in the next year. View Analyst Ratings for Danaos.

Who are some of Danaos' key competitors?

Who are Danaos' key executives?

Danaos' management team includes the folowing people:

  • John Coustas Ph.D., President, Chief Executive Officer, Director (Age 58)
  • Evangelos Chatzis, Chief Financial Officer, Secretary (Age 41)
  • Iraklis Prokopakis, Chief Operating Officer, Senior Vice President, Treasurer, Director (Age 63)
  • Dimitris Vastarouchas, Deputy Chief Operating Officer, Technical Director (Age 46)
  • William C. Repko, Director (Age 66)
  • George Economou, Independent Director (Age 61)
  • Myles R. Itkin, Independent Director (Age 66)
  • Miklos Konkoly-Thege, Independent Director (Age 71)

Who owns Danaos stock?

Danaos' stock is owned by a number of of retail and institutional investors. Top institutional investors include Deutsche Bank AG (0.08%) and Renaissance Technologies LLC (0.08%). View Institutional Ownership Trends for Danaos.

Who bought Danaos stock? Who is buying Danaos stock?

Danaos' stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC and Deutsche Bank AG. View Insider Buying and Selling for Danaos.

How do I buy Danaos stock?

Shares of Danaos 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 Danaos stock can currently be purchased for approximately $1.35.

How big of a company is Danaos?

Danaos has a market capitalization of $148.23 million and generates $451.73 million in revenue each year. The shipping company earns $-366,190,000.00 in net income (profit) each year or $0.76 on an earnings per share basis. Danaos employs 1,196 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 30 210 419 6480 or via email at [email protected]


MarketBeat Community Rating for Danaos (DAC)

Community Ranking:  1.7 out of 5 (star)
Outperform Votes:  77 (Vote Outperform)
Underperform Votes:  151 (Vote Underperform)
Total Votes:  228
MarketBeat's community ratings are surveys of what our community members think about Danaos 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

Danaos (NYSE:DAC) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: HoldHoldHoldHold
Consensus Rating Score: 2.002.002.002.00
Ratings Breakdown: 0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
1 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
0 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $3.00$3.00$3.00$3.00
Price Target Upside: 111.27% upside111.27% upside100.00% upside103.39% upside

Danaos (NYSE:DAC) Consensus Price Target History

Price Target History for Danaos (NYSE:DAC)

Danaos (NYSE:DAC) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
12/18/2017Jefferies GroupInitiated CoverageHold -> Hold$3.00HighView Rating Details
1/10/2017Clarkson CapitalReiterated RatingNeutralN/AView Rating Details
(Data available from 2/18/2016 forward)

Earnings

Danaos (NYSE:DAC) Earnings History and Estimates Chart

Earnings by Quarter for Danaos (NYSE:DAC)

Danaos (NYSE DAC) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/29/2018        
10/30/2017Q3$0.23$0.27$107.58 million$113.59 millionViewN/AView Earnings Details
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$0.14$140.32 million$147.00 millionViewN/AView Earnings Details
10/29/2013Q3 2013$0.13$0.12$142.28 million$148.45 millionViewN/AView Earnings Details
7/29/2013Q2 2013$0.10$0.11$139.70 million$146.58 millionViewN/AView Earnings Details
4/29/2013Q1 2013$0.09$0.13$140.16 million$146.09 millionViewN/AView Earnings Details
2/11/2013Q4 2012$0.14$0.11ViewN/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
3/17/2011Q4 2010$0.08$0.01ViewN/AView Earnings Details
11/8/2010Q3 2010$0.09$0.05ViewN/AView Earnings Details
8/31/2010Q2 2010$0.23$0.14ViewN/AView Earnings Details
6/3/2010Q1 2010$0.24$0.23ViewN/AView Earnings Details
3/29/2010Q4 2009$0.26$0.27ViewN/AView Earnings Details
11/11/2009Q3 2009$0.26$0.30ViewN/AView Earnings Details
7/27/2009Q2 2009$0.28$0.29ViewN/AView Earnings Details
4/28/2009Q1 2009$0.35$0.37ViewN/AView Earnings Details
3/11/2009Q4 2008$0.43$0.47ViewN/AView Earnings Details
10/31/2008Q3 2008$0.45$0.51ViewN/AView Earnings Details
7/28/2008Q2 2008$0.48$0.45ViewN/AView Earnings Details
4/21/2008Q1 2008$0.48$0.48ViewN/AView Earnings Details
3/10/2008Q4 2007$0.48$0.49ViewN/AView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Danaos (NYSE:DAC) Earnings Estimates

Current Year EPS Consensus Estimate: $0.95 EPS

Dividends

Dividend History for Danaos (NYSE:DAC)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Insider Trading History for Danaos (NYSE DAC)

No insider trades for this company have been tracked by MarketBeat.com

Headlines

Danaos (NYSE DAC) News Headlines

Source:
DateHeadline
Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2017Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2017
finance.yahoo.com - February 13 at 9:47 AM
Danaos posts 4Q profitDanaos posts 4Q profit
finance.yahoo.com - February 13 at 9:47 AM
Danaos (DAC) Set to Announce Earnings on MondayDanaos (DAC) Set to Announce Earnings on Monday
www.americanbankingnews.com - February 9 at 12:18 AM
Danaos Corporation Announces Date for the Release of Fourth Quarter 2017 Results, Conference Call and WebcastDanaos Corporation Announces Date for the Release of Fourth Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - February 7 at 9:48 AM
Danaos (DAC) & Baltic Trading (BALT) Financial ComparisonDanaos (DAC) & Baltic Trading (BALT) Financial Comparison
www.americanbankingnews.com - January 28 at 3:20 AM
Reviewing Seaspan (SSW) and Danaos (DAC)Reviewing Seaspan (SSW) and Danaos (DAC)
www.americanbankingnews.com - January 19 at 7:08 PM
Should Value Investors Choose Danaos Corporation (DAC) Stock?Should Value Investors Choose Danaos Corporation (DAC) Stock?
finance.yahoo.com - January 16 at 4:51 PM
Danaos Co. (DAC) Receives Consensus Rating of "Hold" from AnalystsDanaos Co. (DAC) Receives Consensus Rating of "Hold" from Analysts
www.americanbankingnews.com - January 5 at 3:28 PM
Contrasting Danaos (DAC) and Baltic Trading (BALT)Contrasting Danaos (DAC) and Baltic Trading (BALT)
www.americanbankingnews.com - December 30 at 3:16 PM
Danaos (DAC) Raised to "Hold" at Zacks Investment ResearchDanaos (DAC) Raised to "Hold" at Zacks Investment Research
www.americanbankingnews.com - December 20 at 6:34 PM
FY2017 Earnings Estimate for Danaos Corporation (DAC) Issued By Jefferies GroupFY2017 Earnings Estimate for Danaos Corporation (DAC) Issued By Jefferies Group
www.americanbankingnews.com - December 20 at 8:14 AM
Danaos (DAC) Now Covered by Analysts at Jefferies GroupDanaos (DAC) Now Covered by Analysts at Jefferies Group
www.americanbankingnews.com - December 18 at 10:52 AM
Danaos Corporation (DAC) Given Average Recommendation of "Hold" by BrokeragesDanaos Corporation (DAC) Given Average Recommendation of "Hold" by Brokerages
www.americanbankingnews.com - December 11 at 6:28 PM
Danaos Corporation (DAC) Receives Average Rating of "Hold" from BrokeragesDanaos Corporation (DAC) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - November 16 at 4:16 PM
Danaos Corp. :DAC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017Danaos Corp. :DAC-US: Earnings Analysis: Q3, 2017 By the Numbers : November 8, 2017
finance.yahoo.com - November 9 at 12:25 AM
Head to Head Contrast: Tsakos Energy Navigation (TNP) versus Danaos Corporation (DAC)Head to Head Contrast: Tsakos Energy Navigation (TNP) versus Danaos Corporation (DAC)
www.americanbankingnews.com - November 7 at 10:58 AM
Danaos (DAC) CEO Dr. John Coustas on Q3 2017 Results - Earnings Call TranscriptDanaos' (DAC) CEO Dr. John Coustas on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - November 1 at 12:02 AM
Danaos Corporation to Host Earnings CallDanaos Corporation to Host Earnings Call
finance.yahoo.com - October 31 at 7:00 PM
Danaos Corporation (DAC) Posts Quarterly  Earnings Results, Beats Estimates By $0.04 EPSDanaos Corporation (DAC) Posts Quarterly Earnings Results, Beats Estimates By $0.04 EPS
www.americanbankingnews.com - October 31 at 8:34 AM
What Is Danaos Corporation’s (DAC) Share Price Doing?What Is Danaos Corporation’s (DAC) Share Price Doing?
finance.yahoo.com - October 30 at 6:25 PM
Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2017Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2017
finance.yahoo.com - October 30 at 6:25 PM
Danaos posts 3Q profitDanaos posts 3Q profit
finance.yahoo.com - October 30 at 6:25 PM
Danaos Corporation Announces Date for the Release of Third Quarter 2017 Results, Conference Call and WebcastDanaos Corporation Announces Date for the Release of Third Quarter 2017 Results, Conference Call and Webcast
finance.yahoo.com - October 28 at 12:59 AM
Comparing Hornbeck Offshore Services (HOS) and Danaos Corporation (DAC)Comparing Hornbeck Offshore Services (HOS) and Danaos Corporation (DAC)
www.americanbankingnews.com - October 26 at 1:38 PM
Danaos Corporation (DAC) Cut to "Sell" at Zacks Investment ResearchDanaos Corporation (DAC) Cut to "Sell" at Zacks Investment Research
www.americanbankingnews.com - October 24 at 8:00 PM
Danaos Corporation (DAC) Receives Average Recommendation of "Hold" from AnalystsDanaos Corporation (DAC) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - October 22 at 4:44 PM
Head-To-Head Contrast: Ardmore Shipping Corporation (ASC) versus Danaos Corporation (DAC)Head-To-Head Contrast: Ardmore Shipping Corporation (ASC) versus Danaos Corporation (DAC)
www.americanbankingnews.com - October 18 at 10:20 PM
DryShips (DRYS) versus Danaos Corporation (DAC) Financial ReviewDryShips (DRYS) versus Danaos Corporation (DAC) Financial Review
www.americanbankingnews.com - October 14 at 2:20 AM
Reviewing Danaos Corporation (DAC) and International Seaways (INSW)Reviewing Danaos Corporation (DAC) and International Seaways (INSW)
www.americanbankingnews.com - October 13 at 4:38 PM
Danaos Corporation (DAC) Receives Average Recommendation of "Hold" from BrokeragesDanaos Corporation (DAC) Receives Average Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - September 27 at 4:54 PM
Analyzing Danaos Corporation (DAC) and Its CompetitorsAnalyzing Danaos Corporation (DAC) and Its Competitors
www.americanbankingnews.com - September 24 at 10:08 PM
Financial Contrast: Danaos Corporation (DAC) vs. Ardmore Shipping Corporation (ASC)Financial Contrast: Danaos Corporation (DAC) vs. Ardmore Shipping Corporation (ASC)
www.americanbankingnews.com - September 23 at 8:32 AM
Head to Head Comparison: Danaos Corporation (DAC) and Its PeersHead to Head Comparison: Danaos Corporation (DAC) and Its Peers
www.americanbankingnews.com - September 22 at 6:06 AM
Analyzing Danaos Corporation (DAC) and Its RivalsAnalyzing Danaos Corporation (DAC) and Its Rivals
www.americanbankingnews.com - September 18 at 4:28 AM
Danaos Corp. :DAC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017Danaos Corp. :DAC-US: Earnings Analysis: Q2, 2017 By the Numbers : September 11, 2017
finance.yahoo.com - September 11 at 6:22 PM
Friday Sector Leaders: Shipping, Apparel Stores - Presented by: The Aol. On NetworkFriday Sector Leaders: Shipping, Apparel Stores - Presented by: The Aol. On Network
www.nasdaq.com - August 26 at 5:24 AM
Danaos Corporation (DAC) Given "Hold" Rating at Jefferies Group LLCDanaos Corporation (DAC) Given "Hold" Rating at Jefferies Group LLC
www.americanbankingnews.com - August 16 at 12:50 PM
Comparing Safe Bulkers (SB) & Danaos Corporation (NYSE:DAC)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)Contrasting Diana Containerships (DCIX) and Danaos Corporation (DAC)
www.americanbankingnews.com - August 9 at 8:40 AM
Thursday Sector Laggards: Shipping, Oil & Gas Exploration & Production StocksThursday 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 TranscriptDanaos' (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 CallInvestor Network: Danaos Corporation to Host Earnings Call
finance.yahoo.com - August 1 at 6:26 PM
Danaos Corporation (NYSE:DAC) Releases Quarterly  Earnings ResultsDanaos 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, 2017Danaos 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 WebcastDanaos 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 BrokeragesDanaos Corporation (DAC) Receives Consensus Recommendation of "Hold" from Brokerages
www.americanbankingnews.com - July 14 at 6:45 PM
Danaos Corporation (DAC) Receives "Hold" Rating from Jefferies Group LLCDanaos Corporation (DAC) Receives "Hold" Rating from Jefferies Group LLC
www.americanbankingnews.com - July 10 at 8:38 AM
Danaos (DAC) CEO John Coustas on Q4 2016 Results - Earnings Call TranscriptDanaos' (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 CloseQ4 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, 2016Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2016
us.rd.yahoo.com - February 22 at 5:26 AM

SEC Filings

Danaos (NYSE:DAC) SEC Filings

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Social Media

Financials

Danaos (NYSE:DAC) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Danaos (NYSE DAC) Stock Chart for Sunday, February, 18, 2018

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This page was last updated on 2/18/2018 by MarketBeat.com Staff

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