Danaos/DAC

$72.26

-1.82%
-
1D1W1MYTD1YMAX

About Danaos

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.

Ticker

DAC

Sector

Industrials

Trading on

NYSE

Industry

Water Transportation

CEO

John Coustas

Employees

1,718

Headquarters

Athina, Greece

Danaos Metrics

BasicAdvanced
$1.4B
Market cap
2.50
P/E ratio
$28.96
EPS
1.32
Beta
$3.05
Dividend rate
4.43%
Dividend yield
$1.4B
1.32469
$80.39
$53.89
95.73K
$3.05
2.984
2.838
12.693
13.4
10.53%
4.075
446.78%
16.32%
20.67%
17.29%
2.495
1.441
0.465
0.465
5.668
4.22%
4.43%
-1.99%
6.38%
28.24%
64.96%

What the Analysts think about Danaos

Analyst Ratings

Majority rating from 2 analysts.
Buy

Price Targets

Average projection from 2 analysts.
16.94% upside
High $90.00
Low $79.00
$72.26
Current price
$84.50
Average price target

Danaos Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
60.12% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$249.3M
4.22%
Net income
$149.9M
12.62%
Profit margin
60.12%
8.05%

Danaos Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 10.22%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$7.14
$7.14
$7.26
$6.99
-
Expected
$5.90
$6.93
$7.36
$7.79
$7.74
Surprise
21.12%
3.1%
-1.36%
-10.22%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Danaos stock?

Danaos (DAC) has a market cap of $1.4B as of April 14, 2024.

What is the P/E ratio for Danaos stock?

The price to earnings (P/E) ratio for Danaos (DAC) stock is 2.5 as of April 14, 2024.

Does Danaos stock pay dividends?

Yes, the Danaos (DAC) stock pays dividends to shareholders. As of April 14, 2024, the dividend rate is $3.05 and the yield is 4.43%. Danaos has a payout ratio of 10.53% on a trailing twelve-month basis.

When is the next Danaos dividend payment date?

The next Danaos (DAC) dividend payment date is unconfirmed.

What is the beta indicator for Danaos?

Danaos (DAC) has a beta rating of 1.32. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Danaos stock price target?

The target price for Danaos (DAC) stock is $84.5, which is 16.94% above the current price of $72.26. This is an average based on projections from 2 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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