DAC icon

Danaos Corp

76.03 USD
-0.68
0.89%
At close Apr 21, 4:00 PM EDT
1 day
-0.89%
5 days
-0.17%
1 month
-6.46%
3 months
-1.48%
6 months
-10.87%
Year to date
-8.29%
1 year
2.90%
5 years
1,589.56%
10 years
-11.41%
 

About: Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customers include, HMM, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, ONE, PIL, Sealead, Niledutch, Samudera, OSC, and Arkas. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region. It has two reporting segments Container vessels and Drybulk vessels segment. It generates the majority of its revenue from Container vessels.

Employees: 1,875

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

10% more repeat investments, than reductions

Existing positions increased: 43 | Existing positions reduced: 39

0% more call options, than puts

Call options by funds: $18.6M | Put options by funds: $18.6M

0% more funds holding in top 10

Funds holding in top 10: 2 [Q3] → 2 (+0) [Q4]

0.62% less ownership

Funds ownership: 19.29% [Q3] → 18.67% (-0.62%) [Q4]

6% less funds holding

Funds holding: 123 [Q3] → 116 (-7) [Q4]

11% less capital invested

Capital invested by funds: $324M [Q3] → $289M (-$34.7M) [Q4]

26% less first-time investments, than exits

New positions opened: 20 | Existing positions closed: 27

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$105
38%
upside
Avg. target
$105
38%
upside
High target
$105
38%
upside

1 analyst rating

positive
100%
neutral
0%
negative
0%
Jefferies
Omar Nokta
4% 1-year accuracy
2 / 55 met price target
38%upside
$105
Buy
Maintained
11 Feb 2025

Financial journalist opinion

Neutral
PRNewsWire
1 week ago
Danaos Corporation Announces Upsizing of its Share Repurchase Program by an additional $100 million
ATHENS, Greece , April 14, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC) announces that its Board of Directors has approved the upsizing of its common stock repurchase program by an additional $100 million. The Company has already executed on share repurchases of approximately $196 million out of the $200 million existing share repurchase program that is now being upsized to a total of $300 million.
Danaos Corporation Announces Upsizing of its Share Repurchase Program by an additional $100 million
Positive
Seeking Alpha
1 week ago
Danaos: +60% Discount To Book With A Reasonable Yield, Reiterate Buy
Danaos Corporation broke a six-quarter streak of missing EPS estimates, ending Q4 2024 with a 41 bps beat and a yield above 4.7%. Despite volatile trading and tariff uncertainties, DAC's fundamentals remain strong with significant revenue growth, fleet expansion, and a $3.4 billion charter backlog. DAC's financial strength, including $671 million in current assets against $169 million in short-term liabilities, makes it a safe-haven investment amidst potential trade disruptions.
Danaos: +60% Discount To Book With A Reasonable Yield, Reiterate Buy
Neutral
PRNewsWire
1 month ago
Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2024
ATHENS, Greece , March 13, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the Securities and Exchange Commission and can be accessed on the company's website, www.danaos.com. Alternatively, shareholders may also request a hard copy of the complete audited financial statements, free of charge, by contacting the company using the contact details provided at the end of this press release.
Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2024
Positive
Seeking Alpha
1 month ago
Danaos: Stocks This Cheap Don't Come Around Often
Danaos trades at 2.8x forward PE ratio, mirroring broader industry challenges, but ignoring its contracted revenue business model that shields it from short-term maritime industry volatility. A strong balance sheet with low debt, and fleet expansion and modernization with eco-friendly vessels, secures DAC's future. DAC's low valuation, growth potential, dividends, and share buybacks present a compelling opportunity for different investment strategies.
Danaos: Stocks This Cheap Don't Come Around Often
Neutral
Seeking Alpha
2 months ago
Danaos Corporation (DAC) Q4 2024 Earnings Call Transcript
Danaos Corporation (NYSE:DAC ) Q4 2024 Earnings Conference Call February 11, 2025 9:00 AM ET Company Participants Evangelos Chatzis - Chief Financial Officer John Coustas - Chief Executive Officer Conference Call Participants Omar Nokta - Jefferies Clement Mullins - Value Investors Edge Operator Good day and welcome to the Danaos Corporation Conference Call to discuss the Financial Results for the Three Months ended December 31, 2024. As a reminder today's call is being recorded.
Danaos Corporation (DAC) Q4 2024 Earnings Call Transcript
Neutral
PRNewsWire
2 months ago
Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2024
ATHENS, Greece , Feb. 10, 2025 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudited results for the period ended December 31, 2024. Highlights for the Fourth Quarter and Year Ended December 31, 2024:  Financial Summary Three Months Ended December 31, 2024 and Three Months Ended December 31, 2023  Unaudited ( Expressed in thousands of United States dollars, except as otherwise stated ) Three Months Ended Three Months Ended December 31 , 2024 December 31 , 2023 Financial & Operating Metrics Container Vessels Drybulk Vessels Other Total ContainerVessels Drybulk Vessels Other Total Operating Revenues $237,510 $20,669 - $258,179 $238,924 $10,391 - $249,315 Voyage Expenses, excl.
Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2024
Negative
Zacks Investment Research
2 months ago
Analysts Estimate Danaos (DAC) to Report a Decline in Earnings: What to Look Out for
Danaos (DAC) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Analysts Estimate Danaos (DAC) to Report a Decline in Earnings: What to Look Out for
Neutral
PRNewsWire
2 months ago
Danaos Corporation Announces Date for the Release of Fourth Quarter 2024 Results, Conference Call and Webcast
ATHENS, Greece , Jan. 21, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the fourth quarter ended December 31, 2024, after the close of the market in New York on Monday, February 10, 2025. The Company's management team will host a conference call to discuss the results on Tuesday, February 11, 2025 at 9:00 A.M.
Danaos Corporation Announces Date for the Release of Fourth Quarter 2024 Results, Conference Call and Webcast
Positive
Seeking Alpha
3 months ago
Danaos: Undervalued With Strong Cash Flows
Danaos Corporation owns 73 containerships and is expanding with 16 more ships under construction. Danaos is diversifying into drybulk with 10 vessels and a position in SBLK. The stock is undervalued given strong free cash flow generation and minimal net debt.
Danaos: Undervalued With Strong Cash Flows
Negative
24/7 Wall Street
3 months ago
This Warren Buffett Disciple Dumped Arch Coal for These 2 Stocks Instead
Warren Buffett is rightfully considered one of the greatest investors of our time.
This Warren Buffett Disciple Dumped Arch Coal for These 2 Stocks Instead
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