company background image
DAC logo

Danaos NYSE:DAC Stock Report

Last Price

US$72.46

Market Cap

US$1.4b

7D

-0.4%

1Y

25.1%

Updated

04 Mar, 2024

Data

Company Financials +

DAC Stock Overview

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States.

DAC fundamental analysis
Snowflake Score
Valuation5/6
Future Growth0/6
Past Performance4/6
Financial Health6/6
Dividends3/6

Danaos Corporation Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Danaos
Historical stock prices
Current Share PriceUS$72.46
52 Week HighUS$80.39
52 Week LowUS$51.19
Beta1.36
1 Month Change-2.48%
3 Month Change4.12%
1 Year Change25.13%
3 Year Change89.98%
5 Year Change435.23%
Change since IPO-75.18%

Recent News & Updates

Danaos Corporation (NYSE:DAC) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 16
Danaos Corporation (NYSE:DAC) Analysts Are Pretty Bullish On The Stock After Recent Results

Recent updates

Danaos Corporation (NYSE:DAC) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 16
Danaos Corporation (NYSE:DAC) Analysts Are Pretty Bullish On The Stock After Recent Results

Danaos: Just Far Too Cheap, It's A Buy

Feb 10

Danaos (NYSE:DAC) Has A Pretty Healthy Balance Sheet

Feb 03
Danaos (NYSE:DAC) Has A Pretty Healthy Balance Sheet

Danaos: Eagle Bulk Stake Pays Off Big Amid Merger With Star Bulk, Red Sea Blockade

Jan 07

Is There Now An Opportunity In Danaos Corporation (NYSE:DAC)?

Dec 09
Is There Now An Opportunity In Danaos Corporation (NYSE:DAC)?

Danaos Q3: Dividends On The Rise, Buybacks Persist - Is It Enough?

Nov 30

The Return Trends At Danaos (NYSE:DAC) Look Promising

Nov 09
The Return Trends At Danaos (NYSE:DAC) Look Promising

Danaos: Change In Capital Allocation Mindset Needed To Unlock Upside

Oct 26

Danaos Corporation: Tough To Beat

Oct 14

Danaos And Global Ship Lease: High Conviction Longs, 1-Year Review

Sep 20

Danaos (NYSE:DAC) Has A Rock Solid Balance Sheet

Sep 06
Danaos (NYSE:DAC) Has A Rock Solid Balance Sheet

Danaos: Too Cheap And Profitable To Ignore

Aug 16

Danaos' (NYSE:DAC) Dividend Will Be $0.75

Aug 10
Danaos' (NYSE:DAC) Dividend Will Be $0.75

Should You Investigate Danaos Corporation (NYSE:DAC) At US$68.13?

Aug 05
Should You Investigate Danaos Corporation (NYSE:DAC) At US$68.13?

Danaos Corporation: Low Leverage And Strong Revenue Backlog Show Way For The Future

Aug 03

Unleashing The Power Of The Small: Danaos - From Debt Heavy To Flexible Capital Allocator

Jul 15

Danaos Corp.: Eagle Bulk Investment Raises Concerns, Inspires Activist Roadmap To $130

Jun 26

The Returns On Capital At Danaos (NYSE:DAC) Don't Inspire Confidence

Jun 09
The Returns On Capital At Danaos (NYSE:DAC) Don't Inspire Confidence

Danaos: Undervaluation To The Extreme

Jun 07

Danaos' (NYSE:DAC) Dividend Will Be $0.75

May 19
Danaos' (NYSE:DAC) Dividend Will Be $0.75

Is Danaos (NYSE:DAC) A Risky Investment?

May 17
Is Danaos (NYSE:DAC) A Risky Investment?

Danaos Non-GAAP EPS of $6.99, revenue of $252.48M

Feb 14

Danaos: Off-Cycle Logic Brings Opportunity

Feb 03

Is It Time To Consider Buying Danaos Corporation (NYSE:DAC)?

Feb 02
Is It Time To Consider Buying Danaos Corporation (NYSE:DAC)?

Capital Allocation Trends At Danaos (NYSE:DAC) Aren't Ideal

Jan 11
Capital Allocation Trends At Danaos (NYSE:DAC) Aren't Ideal

Does Danaos (NYSE:DAC) Have A Healthy Balance Sheet?

Dec 08
Does Danaos (NYSE:DAC) Have A Healthy Balance Sheet?

Danaos Or Global Ship Lease? A Look At Key Factors

Dec 06

Danaos Corp.: Cheap Price But Could Stay Cheap For A While

Nov 08

Danaos: The Best Of The Containership Lessors

Oct 26

Danaos: Market Seems Overly Alarmed By Current Rates

Oct 11

At US$70.02, Is Danaos Corporation (NYSE:DAC) Worth Looking At Closely?

Sep 12
At US$70.02, Is Danaos Corporation (NYSE:DAC) Worth Looking At Closely?

Danaos: Stock Is Cheap, But Where Are The Buybacks? Ask Management

Sep 05

Danaos: It's Coming Down Again, Buy This Dip Confidently

Aug 22

Danaos (NYSE:DAC) Will Be Hoping To Turn Its Returns On Capital Around

Aug 21
Danaos (NYSE:DAC) Will Be Hoping To Turn Its Returns On Capital Around

Danaos: Record Earnings, Low Debt, Dividend, And Buyback But Still Undervalued

Aug 05

Here's Why Danaos (NYSE:DAC) Can Manage Its Debt Responsibly

Aug 03
Here's Why Danaos (NYSE:DAC) Can Manage Its Debt Responsibly

Danaos Corp: Massive Undervaluation And Strong Returns Ahead (Podcast Transcript)

Jul 27

The Container Shipping Shortage Is Ending, But Danaos Is Now Considerably Oversold

Jul 20

Danaos: New Buybacks And ZIM's Dividends To Push The Stock Over $150

Jun 18

What Is Danaos Corporation's (NYSE:DAC) Share Price Doing?

Jun 11
What Is Danaos Corporation's (NYSE:DAC) Share Price Doing?

Danaos Post Q1 Earnings: Raising Fair Value Estimate

May 31

Danaos Corporation: ZIM Dividend And Excellent Charters Create Blowout Quarter

May 19

Profit From Global Shipping Headaches: Danaos And Global Ship Lease

Apr 26

Danaos Corporation: The Stock Is Worth $117

Apr 19

Danaos: Russia Conflict Fuels Both Positive And Negative Shifts For Container Shipping

Mar 14

Is Danaos Corporation (NYSE:DAC) Potentially Undervalued?

Feb 23
Is Danaos Corporation (NYSE:DAC) Potentially Undervalued?

Danaos: Record Earnings And A 'Mild' 50% Dividend Raise Remind Shareholders This Shipping Company Is An Investment, Not Just A Trade

Feb 14

Danaos: If It Earns Like DAC, Raises Like DAC, And Considers Like DAC, Then It's Probably A 'MASK'

Feb 08

Danaos Corp.: Ready To Boost Shareholder Returns (Podcast Transcript)

Jan 27

Danaos: Still An Undervalued Name In Container Shipping, Now An Even Safer Medium-Term Bet

Jan 19

Danaos: Favorable Near-Term Outlook

Jan 09

Shipping - Is It All Glitter And Gold?

Dec 29

Shareholder Returns

DACUS ShippingUS Market
7D-0.4%0.6%1.1%
1Y25.1%10.2%24.4%

Return vs Industry: DAC exceeded the US Shipping industry which returned 10.2% over the past year.

Return vs Market: DAC matched the US Market which returned 24.4% over the past year.

Price Volatility

Is DAC's price volatile compared to industry and market?
DAC volatility
DAC Average Weekly Movement3.1%
Shipping Industry Average Movement5.7%
Market Average Movement6.1%
10% most volatile stocks in US Market17.0%
10% least volatile stocks in US Market3.1%

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

FoundedEmployeesCEOWebsite
19634John Coustashttps://www.danaos.com

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies. As of March 7, 2023, it had a fleet of 68 containerships aggregating 421,293 twenty-foot equivalent units in capacity.

Danaos Corporation Fundamentals Summary

How do Danaos's earnings and revenue compare to its market cap?
DAC fundamental statistics
Market capUS$1.41b
Earnings (TTM)US$576.30m
Revenue (TTM)US$973.58m

2.4x

P/E Ratio

1.4x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
DAC income statement (TTM)
RevenueUS$973.58m
Cost of RevenueUS$162.12m
Gross ProfitUS$811.47m
Other ExpensesUS$235.17m
EarningsUS$576.30m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

n/a

Earnings per share (EPS)29.64
Gross Margin83.35%
Net Profit Margin59.19%
Debt/Equity Ratio13.4%

How did DAC perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

11%

Payout Ratio
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.