DAC Stock Overview
Danaos Corporation, together with its subsidiaries, provides container and drybulk vessels services in Australia, Asia, and Europe.
| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 0/6 |
| Past Performance | 4/6 |
| Financial Health | 6/6 |
| Dividends | 3/6 |
Danaos Corporation Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$73.98 |
| 52 Week High | US$80.39 |
| 52 Week Low | US$53.89 |
| Beta | 1.32 |
| 1 Month Change | 2.79% |
| 3 Month Change | -4.08% |
| 1 Year Change | 29.02% |
| 3 Year Change | 37.08% |
| 5 Year Change | 579.34% |
| Change since IPO | -74.66% |
Recent News & Updates
Recent updates
Danaos: Feeling Frustrated? This Is Your Permission Slip To Get Out
Apr 01Danaos Corporation (NYSE:DAC) Analysts Are Pretty Bullish On The Stock After Recent Results
Feb 16
Danaos: Just Far Too Cheap, It's A Buy
Feb 10Danaos (NYSE:DAC) Has A Pretty Healthy Balance Sheet
Feb 03Danaos: Eagle Bulk Stake Pays Off Big Amid Merger With Star Bulk, Red Sea Blockade
Jan 07Is There Now An Opportunity In Danaos Corporation (NYSE:DAC)?
Dec 09Danaos Q3: Dividends On The Rise, Buybacks Persist - Is It Enough?
Nov 30The Return Trends At Danaos (NYSE:DAC) Look Promising
Nov 09Danaos: Change In Capital Allocation Mindset Needed To Unlock Upside
Oct 26Danaos Corporation: Tough To Beat
Oct 14Danaos And Global Ship Lease: High Conviction Longs, 1-Year Review
Sep 20Danaos (NYSE:DAC) Has A Rock Solid Balance Sheet
Sep 06Danaos: Too Cheap And Profitable To Ignore
Aug 16Danaos' (NYSE:DAC) Dividend Will Be $0.75
Aug 10Should You Investigate Danaos Corporation (NYSE:DAC) At US$68.13?
Aug 05Danaos Corporation: Low Leverage And Strong Revenue Backlog Show Way For The Future
Aug 03Unleashing The Power Of The Small: Danaos - From Debt Heavy To Flexible Capital Allocator
Jul 15Danaos Corp.: Eagle Bulk Investment Raises Concerns, Inspires Activist Roadmap To $130
Jun 26The Returns On Capital At Danaos (NYSE:DAC) Don't Inspire Confidence
Jun 09Danaos: Undervaluation To The Extreme
Jun 07Danaos' (NYSE:DAC) Dividend Will Be $0.75
May 19Is Danaos (NYSE:DAC) A Risky Investment?
May 17Danaos Non-GAAP EPS of $6.99, revenue of $252.48M
Feb 14Danaos: Off-Cycle Logic Brings Opportunity
Feb 03Is It Time To Consider Buying Danaos Corporation (NYSE:DAC)?
Feb 02Capital Allocation Trends At Danaos (NYSE:DAC) Aren't Ideal
Jan 11Does Danaos (NYSE:DAC) Have A Healthy Balance Sheet?
Dec 08Danaos Or Global Ship Lease? A Look At Key Factors
Dec 06Danaos Corp.: Cheap Price But Could Stay Cheap For A While
Nov 08Danaos: The Best Of The Containership Lessors
Oct 26Danaos: Market Seems Overly Alarmed By Current Rates
Oct 11At US$70.02, Is Danaos Corporation (NYSE:DAC) Worth Looking At Closely?
Sep 12Danaos: Stock Is Cheap, But Where Are The Buybacks? Ask Management
Sep 05Danaos: It's Coming Down Again, Buy This Dip Confidently
Aug 22Danaos (NYSE:DAC) Will Be Hoping To Turn Its Returns On Capital Around
Aug 21Danaos: Record Earnings, Low Debt, Dividend, And Buyback But Still Undervalued
Aug 05Here's Why Danaos (NYSE:DAC) Can Manage Its Debt Responsibly
Aug 03Danaos Corp: Massive Undervaluation And Strong Returns Ahead (Podcast Transcript)
Jul 27The Container Shipping Shortage Is Ending, But Danaos Is Now Considerably Oversold
Jul 20Danaos: New Buybacks And ZIM's Dividends To Push The Stock Over $150
Jun 18What Is Danaos Corporation's (NYSE:DAC) Share Price Doing?
Jun 11Danaos Post Q1 Earnings: Raising Fair Value Estimate
May 31Danaos Corporation: ZIM Dividend And Excellent Charters Create Blowout Quarter
May 19Profit From Global Shipping Headaches: Danaos And Global Ship Lease
Apr 26Danaos Corporation: The Stock Is Worth $117
Apr 19Danaos: Russia Conflict Fuels Both Positive And Negative Shifts For Container Shipping
Mar 14Is Danaos Corporation (NYSE:DAC) Potentially Undervalued?
Feb 23Danaos: Record Earnings And A 'Mild' 50% Dividend Raise Remind Shareholders This Shipping Company Is An Investment, Not Just A Trade
Feb 14Danaos: If It Earns Like DAC, Raises Like DAC, And Considers Like DAC, Then It's Probably A 'MASK'
Feb 08Danaos Corp.: Ready To Boost Shareholder Returns (Podcast Transcript)
Jan 27Shareholder Returns
| DAC | US Shipping | US Market | |
|---|---|---|---|
| 7D | 2.8% | 7.9% | 1.0% |
| 1Y | 29.0% | 34.8% | 21.9% |
Return vs Industry: DAC underperformed the US Shipping industry which returned 33.4% over the past year.
Return vs Market: DAC exceeded the US Market which returned 24.9% over the past year.
Price Volatility
| DAC volatility | |
|---|---|
| DAC Average Weekly Movement | 2.9% |
| Shipping Industry Average Movement | 4.3% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: DAC has not had significant price volatility in the past 3 months.
Volatility Over Time: DAC's weekly volatility (3%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1963 | 4 | John Coustas | www.danaos.com |
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.
Danaos Corporation Fundamentals Summary
| DAC fundamental statistics | |
|---|---|
| Market cap | US$1.44b |
| Earnings (TTM) | US$576.30m |
| Revenue (TTM) | US$973.58m |
2.5x
P/E Ratio1.5x
P/S RatioIs DAC overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| DAC income statement (TTM) | |
|---|---|
| Revenue | US$973.58m |
| Cost of Revenue | US$221.79m |
| Gross Profit | US$751.79m |
| Other Expenses | US$175.49m |
| Earnings | US$576.30m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 29.68 |
| Gross Margin | 77.22% |
| Net Profit Margin | 59.19% |
| Debt/Equity Ratio | 13.4% |
How did DAC perform over the long term?
See historical performance and comparison