Streetbeat News

DAC

Danaos Corporation

https://www.danaos.com

Industry

Marine Shipping

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 February 28, 2022, it had a fleet of 71 containerships aggregating 436,589 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.

Open

79.59

Mkt cap

1.5B

Volume

76K

High

79.43

P/E Ratio

2.72

52-wk high

98.25

Low

77.80

Div yield

0.04

52-wk low

69.33

Nokia partners with Carrix to introduce private wireless solutions in key U.S. container terminals, enhancing operations at several marine terminals.

Portfolio Pulse from

March 03, 2025 | 7:15 am

Danaos Corporation (DAC) is trading at a low forward PE ratio of 2.8x, which does not reflect its stable contracted revenue model. The company has a strong balance sheet, low debt, and is expanding its fleet with eco-friendly vessels. Its low valuation, growth potential, dividends, and share buybacks make it an attractive investment.

Portfolio Pulse from

February 20, 2025 | 3:15 am

Danaos Corporation (DAC) held its Q4 2024 earnings call on February 11, 2025, discussing financial results for the quarter ending December 31, 2024. Key participants included CFO Evangelos Chatzis and CEO John Coustas.

Portfolio Pulse from

February 11, 2025 | 3:30 pm

Danaos Corporation (NYSE: DAC) reported its unaudited financial results for Q4 and the year ended December 31, 2024. The company, a major owner of container and drybulk vessels, saw operating revenues of $258.2 million for Q4 2024, up from $249.3 million in Q4 2023.

Portfolio Pulse from

February 10, 2025 | 11:30 pm

Analysts predict that Danaos (DAC) will report a decline in earnings in its upcoming report. The company lacks the necessary factors to likely exceed earnings expectations.

Portfolio Pulse from

February 03, 2025 | 4:15 pm

Danaos Corporation (NYSE: DAC) will release its Q4 2024 financial results on February 10, 2025, followed by a conference call on February 11, 2025.

Portfolio Pulse from

January 21, 2025 | 12:45 pm

Danaos Corporation is expanding its fleet with 16 new containerships and diversifying into drybulk with 10 vessels. The company is considered undervalued due to strong free cash flow and minimal net debt.

Portfolio Pulse from

January 14, 2025 | 3:30 pm

The article discusses whether investors are undervaluing Danaos Corporation (DAC) by focusing on the Zacks Rank system, which emphasizes earnings estimates and revisions. It highlights the importance of value, growth, and momentum trends in identifying strong stock picks.

Portfolio Pulse from

January 03, 2025 | 4:00 pm

The article compares the performance of Danaos (DAC) and Global Ship Lease (GSL) against their transportation sector peers for the current year.

Portfolio Pulse from

January 03, 2025 | 4:00 pm

Danaos Corporation held its Q3 2024 earnings call, discussing financial results for the quarter ending September 30, 2024. Key participants included CFO Evangelos Chatzis and CEO John Coustas.

Portfolio Pulse from

November 12, 2024 | 5:00 pm

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