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Danaos (DAC)

(Delayed Data from NYSE)

$76.51 USD

76.51
91,571

-0.58 (-0.75%)

Updated Apr 30, 2024 04:00 PM ET

After-Market: $76.50 -0.01 (-0.01%) 7:58 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.20%
2Buy18.04%
3Hold9.52%
4Sell5.20%
5Strong Sell2.60%
S&P50011.13%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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A Value D Growth A Momentum B VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Top 25% (63 out of 251)

Industry: Transportation - Shipping

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Company Summary

Danaos Corporation is a leading international owner of containerships, chartering vessels to many of the world's largest liner companies. Danaos was set up by Dimitri Coustas, an experienced shipping investor who had been active in the industry. Having consistently developed sea transport services throughout its history, Danaos has forged a reputation for high-quality operational support to liner companies and other charterers throughout the world. The Company currently have a fleet of containerships aggregating TEU, making us among the largest containership charter owners in the world. We charter our containerships to a geographically diverse group of liner companies, including most of the largest ones globally. Such customers include Maersk, COSCO, Hapag-Lloyd, CMA-CGM, Neptune Orient Lines, Yang Ming, China Shipping, Norasia Container Lines Ltd, Hyundai Merchant Marine Co., Wan-Hai Lines and Zim Israel Integrated Shipping Services Ltd.

General Information

Danaos Corporation

14 AKTI KONDYLI 185 45 PIRAEUS

ATHENS, J3 18545

Phone: 011-30-21-0449-6480

Fax: 302104196489

Web: http://www.danaos.com

Email: cfo@danaos.com

Industry Transportation - Shipping
Sector Transportation
Fiscal Year End December
Last Reported Quarter 3/31/2024
Exp Earnings Date

This is an estimated date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

 5/20/2024

EPS Information

Current Quarter EPS Consensus Estimate 7.71
Current Year EPS Consensus Estimate 31.34
Estimated Long-Term EPS Growth Rate NA
Exp Earnings Date

This is an estimated date of earnings release. Neither Zacks Investment Research, Inc. nor its Information Providers can guarantee the accuracy, completeness, timeliness, or correct sequencing of any of the Information on the Web site, including, but not limited to Information originated by Zacks Investment Research, Inc, licensed by Zacks Investment Research, Inc. from Information Providers, or gathered by Zacks Investment Research, Inc. from publicly available sources. There may be delays, omissions, or inaccuracies in the Information.

 5/20/2024

Price and Volume Information

Zacks Rank Premium
Yesterday's Close 77.09
52 Week High 80.39
52 Week Low 53.89
Beta 1.30
20 Day Moving Average 85,854.65
Target Price Consensus 90.00

DAC

% Price Change
4 Week 6.40
12 Week 3.66
YTD 4.09
% Price Change Relative to S&P 500
4 Week 9.06
12 Week 0.14
YTD -2.96
Share Information
Shares Outstanding (millions) 19.42
Market Capitalization (millions) 1,496.99
Short Ratio NA
Last Split Date 5/2/2019
Dividend Information
Dividend Yield 4.15%
Annual Dividend $3.20
Payout Ratio 0.11
Change in Payout Ratio 0.05
Last Dividend Payout / Amount 2/27/2024 / $0.80

Fundamental Ratios

P/E
P/E (F1) 2.46
Trailing 12 Months 2.70
PEG Ratio NA
EPS Growth
vs. Previous Year 0.00%
vs. Previous Quarter -3.72%
   
Sales Growth
vs. Previous Year -1.25%
vs. Previous Quarter 4.22%
   
Price Ratios
Price/Book 0.52
Price/Cash Flow 2.24
Price / Sales 1.54
ROE
3/31/24 NA
12/31/23 19.94
9/30/23 20.98
ROA
3/31/24 NA
12/31/23 16.01
9/30/23 16.47
Current Ratio
3/31/24 NA
12/31/23 2.98
9/30/23 2.88
Quick Ratio
3/31/24 NA
12/31/23 2.84
9/30/23 2.78
Operating Margin
3/31/24 NA
12/31/23 58.30
9/30/23 58.69
Net Margin
3/31/24 NA
12/31/23 59.19
9/30/23 59.29
Pre-Tax Margin
3/31/24 NA
12/31/23 59.19
9/30/23 59.29
Book Value
3/31/24 NA
12/31/23 148.22
9/30/23 142.13
Inventory Turnover
3/31/24 NA
12/31/23 11.12
9/30/23 12.10
Debt-to-Equity
3/31/24 NA
12/31/23 0.13
9/30/23 0.13
Debt to Capital
3/31/24 NA
12/31/23 11.26
9/30/23 11.78