DAC - Danaos - Stock Price & Dividends

Exchange: USA Stocks • Country: Greece • Currency: USD • Type: Common Stock • ISIN: MHY1968P1218

Containerships, Drybulk vessels

Danaos Corporation is a leading provider of container and drybulk vessels services, operating in key markets across Australia, Asia, and Europe.

The company's primary focus is on offering seaborne transportation services, leveraging its expertise in the containership and drybulk sectors of the shipping industry. This enables it to cater to a diverse range of clients, from multinational corporations to regional businesses, by providing reliable and efficient transportation solutions.

As of April 03, 2024, Danaos Corporation boasts an impressive fleet of 68 containerships, with a combined capacity of 421,293 twenty-foot equivalent units (TEUs). This substantial fleet enables the company to meet the growing demand for containerized cargo transportation, while also providing flexibility and scalability to adapt to changing market conditions.

With a rich history dating back to 1963, Danaos Corporation has evolved over the years, undergoing a significant transformation in 2005 when it changed its name from Danaos Holdings Limited to Danaos Corporation. Today, the company is headquartered in Piraeus, Greece, and continues to build on its legacy as a trusted partner in the global shipping industry.

For more information about Danaos Corporation and its services, please visit their official website at https://www.danaos.com.

Drawdown (Underwater) Chart

Drawdown / Underwater Chart for DAC - Danaos  - Stock Price & Dividends

DAC Stock Overview

Market Cap in USD 1,735m
Sector Industrials
Industry Marine Shipping
GiC SubIndustry Marine Transportation
TER 0.00%
IPO / Inception 2006-10-06

DAC Stock Ratings

Growth 5y 79.6
Fundamental 65.9
Dividend 47.0
Rel. Performance vs Sector 1.10
Analysts 4.00/5
Fair Price Momentum 99.30 USD
Fair Price DCF 280.86 USD

DAC Dividends

Dividend Yield 12m 3.76%
Yield on Cost 5y 43.21%
Dividends CAGR 5y 26.69%
Payout Consistency 21.7%

DAC Growth Ratios

Growth 12m 22.80%
Growth Correlation 12m 66%
Growth Correlation 3m 23%
CAGR 5y 62.78%
CAGR/Mean DD 5y 2.24
Sharpe Ratio 12m 0.77
Alpha vs SP500 12m -8.71
Beta vs SP500 5y weekly 1.69
ValueRay RSI 3.15
Volatility GJR Garch 1y 23.66%
Price / SMA 50 -6.48%
Price / SMA 200 11.03%
Current Volume 108.3k
Average Volume 20d 98.3k

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What is the price of DAC stocks?
As of July 27, 2024, the stock is trading at USD 83.84 with a total of 108,325 shares traded.
Over the past week, the price has changed by -1.33%, over one month by -10.40%, over three months by +12.42% and over the past year by +24.15%.
What are the forecast for DAC stock price target?
According to ValueRays Forecast Model, DAC Danaos will be worth about 110.5 in July 2025. The stock is currently trading at 83.84. This means that the stock has a potential upside of +31.77%.
Issuer Forecast Upside
Wallstreet Target Price 92 9.73
Analysts Target Price 78.5 -6.37
ValueRay Target Price 110.5 31.8