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Market Cap 1.36B P/E 3.70 EPS this Y -0.30% Ern Qtrly Grth -4.00%
Income 574.73M Forward P/E 2.63 EPS next Y -19.00% 50D Avg Chg 4.00%
Sales 988.28M PEG 1.00 EPS past 5Y 42.28% 200D Avg Chg 16.00%
Dividend 4.00% Price/Book 0.52 EPS next 5Y 3.00% 52W High Chg -14.00%
Recommedations 2.00 Quick Ratio 3.64 Shares Outstanding 19.35M 52W Low Chg 34.00%
Insider Own 48.90% ROA 9.15% Shares Float 9.90M Beta 1.47
Inst Own 22.22% ROE 18.95% Shares Shorted/Prior 435.89K/462.32K Price 68.28
Gross Margin 74.67% Profit Margin 58.15% Avg. Volume 136,753 Target Price 92.00
Oper. Margin 53.95% Earnings Date Nov 11 Volume 127,352 Change -1.77%
About Danaos Corporation

Danaos Corporation, together with its subsidiaries, provides container and drybulk vessels services in Australia, Asia, and Europe. The company offers seaborne transportation services by operating vessels in the containership and drybulk sectors of the shipping industry. As of April 03, 2024, it had a fleet of 68 containerships aggregating 421,293 twenty-foot equivalent units in capacity. The company was formerly known as Danaos Holdings Limited and changed its name to Danaos Corporation in October 2005. Danaos Corporation was founded in 1963 and is based in Piraeus, Greece.

Danaos Corporation News
12/18/24 Do Options Traders Know Something About Danaos (DAC) Stock We Don't?
12/13/24 Danaos Corporation (DAC): A Bull Case Theory
12/04/24 Calculating The Fair Value Of Danaos Corporation (NYSE:DAC)
11/26/24 UPDATE – Capital Link Shipping Sectors Webinar Series - December 2024 - Dry Bulk, Container, Product Tanker, Crude Tanker, LPG, LNG Shipping
11/26/24 Capital Link Shipping Sectors Webinar Series - December 2024 - Dry Bulk, Container, Product Tanker, Crude Tanker, LPG, LNG Shipping
11/14/24 Danaos Third Quarter 2024 Earnings: EPS Misses Expectations
11/13/24 Mohnish Pabrai Amplifies Stake in CONSOL Energy by Over 347%, Marking a Significant Portfolio Impact
11/13/24 Danaos Corp (DAC) Q3 2024 Earnings Call Highlights: Navigating Challenges with Strategic Growth ...
11/12/24 Investors Will Want Danaos' (NYSE:DAC) Growth In ROCE To Persist
11/12/24 Danaos (DAC) Q3 Earnings Miss Estimates
11/12/24 Danaos: Q3 Earnings Snapshot
11/12/24 Danaos Corporation Reports Third Quarter and Nine Months Results for the Period Ended September 30, 2024
11/11/24 Danaos to Report Q3 Earnings: What's in the Offing for the Stock?
11/06/24 Analysts Estimate EuroDry (EDRY) to Report a Decline in Earnings: What to Look Out for
11/05/24 Analysts Estimate Danaos (DAC) to Report a Decline in Earnings: What to Look Out for
11/01/24 Is the Options Market Predicting a Spike in Danaos (DAC) Stock?
10/31/24 Danaos Corporation Announces Date for the Release of Third Quarter 2024 Results, Conference Call and Webcast
10/23/24 Value Line And 2 Other Undiscovered Gems With Promising Potential
10/04/24 At US$87.28, Is It Time To Put Danaos Corporation (NYSE:DAC) On Your Watch List?
10/01/24 Implied Volatility Surging for Danaos (DAC) Stock Options
DAC Chatroom

User Image Astronaut_Trades Posted - 3 hours ago

$DAC πŸ‘€ @TheCamMan2020 @Outd00rs @Ogranada @toffernelson starting homework on this puppy

User Image jirolamo36 Posted - 1 week ago

$DAC is there a benchmark index for $DAC?

User Image cost_basis02 Posted - 1 week ago

$DAC I don't understand. Price to book is .45. Is this real?

User Image Dr_LB_trice Posted - 1 week ago

$DAC this is an EZ 2x in 5 years.

User Image CLiZzY Posted - 1 week ago

$DAC this a value trap? Why is it so ridiculously cheap? Monish got me interested

User Image Paper_Manny Posted - 2 weeks ago

$DAC Nobody's looking at this great company trading at 0.46% of book value with little debt and killer margins. The whole sector is in the tank at the moment, and smart value guys should be loading up the truck. I'm in a big selling mood in general, but I've been buying this gem.

User Image andrew1corporate Posted - 2 weeks ago

$ciss 1. there are 19 mn diluted shares so market cap is 17mn$ ? 2. This diluted shares number increased from q2 2024 from 4.2mn to 19.07 mn isn't it worrying? Why not, am new to this stock was checking $IMPP a year ago, when I was in $mpcc $dac $gsl 3. The greeks here are just diluting, any free cash flow estimates for 2025 2026 ??

User Image ihammoud Posted - 11/27/24

$DAC what the hell is wrong here??

User Image KCclean Posted - 11/23/24

$DAC gettin’ in where I fit in (which is here)

User Image Avocado_smash Posted - 1 month ago

$DAC $93

User Image Avocado_smash Posted - 1 month ago

$DAC .

User Image Tranta25 Posted - 1 month ago

$DAC boats booked out for 3 years, dividend increase, buybacks, perpetually undervalued, buy as much as you can and forget it’s in your portfolio

User Image msk33 Posted - 1 month ago

@ihammoud different businesses. $SBLK is dry bulk, $GSL and $DAC operate containerships

User Image OpenOutcrier Posted - 1 month ago

$DAC (-2.0% pre) Danaos Non-GAAP EPS of $6.50 misses by $0.28, revenue of $256.18M misses by $1.82M - SA https://ooc.bz/l/47772

User Image msk33 Posted - 1 month ago

$DAC fairly solid quarter, as expected. Raising dividends and buying back stock, can't complain. High safety margin at this level.

User Image Darzens Posted - 1 month ago

$DAC has declared an increased dividend of $0.85 per share of common stock for the third quarter of 2024, an increase of 6.25%. The dividend is payable on December 4, 2024, to stockholders of record as of November 25, 2024

User Image DonCorleone77 Posted - 1 month ago

$DAC Danaos reports Q3 adjusted EPS $6.50 vs. $7.26 last year Reports Q3 revenue $256.2M vs. $239.2M last year. Danaos' CEO Dr. John Coustas commented: "The container market remained very strong in the third quarter of 2024, allowing us to add over $300 million to our contracted charter backlog which presently stands at $3.3 billion. Importantly, all 14 of our newbuildings on order are fixed for 5 years, except for two that are fixed for 2 years. We have excellent earnings visibility as we have covered 100% of our container vessel fleet operating days for 2024, 94% for 2025 and 73% for 2026. The dry bulk market has been uncharacteristically soft lately, which can be attributed to a disruption of seasonal patterns throughout the year as well as a decrease in Chinese steel production. Our dry bulk fleet performed reasonably well during the quarter, and we are expecting freight rates to gradually improve as we move into 2025."

User Image MarkPu Posted - 1 month ago

$DAC Quick stock overview: 1. The company pays dividends; 2. It also buys back its shares; 3. Sales are growing, and the net margin too; 4. The balance sheet is somewhat good; 5. But the free cash flow lacks consistency. If you want to learn a bit more about Danaos Corporation's financial performance and valuations - check out this stock analysis: https://stock-invest.lovestoblog.com/web-stories/danaos-corporation-dac-stock-analysis/

User Image ElFarouk Posted - 1 month ago

$DAC 90 usd in less than 10 days.

User Image WeeklyTrader Posted - 2 months ago

Time to safeguard your portfolio! Buy a PUT on $DAC at 80.0p! RSI: 53.39% 50-day MA: $82.45 200-day MA: $80.56

User Image Darzens Posted - 2 months ago

$DAC Insiders playing with stock in order to buy lower! πŸ˜‚

User Image Dchute13 Posted - 2 months ago

$DAC this is cheap fair value as of today is $93.42πŸ€‘πŸ“ˆ

User Image msk33 Posted - 09/23/24

$ZIM $NMM $DAC it's nothing, they said.

User Image G101SPM Posted - 09/23/24

CORRECTION $AGX $96.39. Current long position is 40% not 70%. $DAC (dollar average cost include sale of 60% of net position is $41.14. * Click SEARCH (magnifying glass) icon on our landing page to review the postings.

User Image rth1977 Posted - 3 months ago

$DAC I would ordinarily never sell at PE this low, but did not like the price action. Clearly, i do not understand the cyclicality of this business.

User Image msk33 Posted - 08/29/24

$NMM $DAC $SBLK firing all cylinders πŸ”₯πŸ”₯πŸ”₯

User Image Ro_Patel Posted - 4 months ago

Freightos: The typical peak season is upon us, bringing with it a complex web of rate increases, congestion issues, and strategic shifts among shippers & carriers alike. Ex-Asia ocean rates are expected to climb further as we enter the distinctive peak season months, with congestion remaining an issue at some major hubs. 🚒 Ocean rates increased across major routes: Asia-US West Coast up 3% to $7,052/FEU, Asia-US East Coast up 2% to $8,253/FEU, Asia-N. Europe up 2% to $7,130/FEU. $BOAT $ZIM $DAC $NAT $GSL

User Image msk33 Posted - 4 months ago

$ZIM $DAC $GSL $NMM scenario is bullish on many fronts

User Image epsguid Posted - 4 months ago

$DAC reported earnings of $6.78, consensus was $7.04 via @eWhispers #epsmiss http://eps.sh/d/dac

User Image DonCorleone77 Posted - 4 months ago

$DAC Danaos reports Q2 adjusted EPS $6.78 vs. $7.14 lst year. Reports Q2 revenue $246.31M vs. $241.48M last year. Danaos' CEO Dr. John Coustas commented, "The last few months brought continued market disruption as conditions in the Red Sea remained challenged and the Ukraine war persisted. Panama canal crossings, however, returned to normal levels, eliminating that source of disruption for now. Market conditions have led liner companies to reassess their capacity requirement and rushed to secure tonnage, including tonnage with forward deliveries. The forthcoming environmental legislation has further incentivized liner companies to secure modern newbuilding tonnage for medium term requirements without making long-term commitments in the majority of cases. In this environment we have secured charter extensions for a number of our existing ships and further we extended our newbuilding program to a total of 20 vessels, three of which were delivered in the second quarter. We have secured multi-year charters with an average charter duration of approximately 4.5 years, weighted by aggregate contracted charter hire, for all of our newbuilding vessels and we are very well positioned for the future. As a result, the Company's total contracted cash operating revenues are $3.2B. Contracted charter coverage for our container vessel fleet, including newbuildings, is currently 99% for 2024 and 80% for 2025, providing us excellent revenue visibility."

Analyst Ratings
Jefferies Buy May 28, 24
Jefferies Buy Feb 14, 24
Jefferies Buy Nov 14, 23
Jefferies Buy Aug 7, 23
Jefferies Buy May 16, 23
Jefferies Buy Feb 15, 23
Jefferies Buy Feb 8, 22
Jefferies Buy Jan 20, 22
Jefferies Buy Jul 2, 21