Danaos CorpDAC
DAC
About: Danaos Corp is an international owner of containerships. It provides international seaborne transportation services by operating vessels in the containership sector of the shipping industry. The company's customers include, HMM, MSC, Yang Ming, Hapag Lloyd, ZIM, Maersk, COSCO, OOCL, ONE, PIL, Sealead, Niledutch, Samudera, OSC, and Arkas. Geographically, the company operates in Australia-Asia, Europe, and America, with maximum revenue from the Australia-Asia region. It has two reporting segments Container vessels and Drybulk vessels segment. It generates the majority of its revenue from Container vessels.
Employees: 1,875
0
Funds holding %
of 7,296 funds
–
Analysts bullish %
Fund manager confidence
Based on 2025 Q1 regulatory disclosures by fund managers ($100M+ AUM)
102% more call options, than puts
Call options by funds: $6.12M | Put options by funds: $3.03M
0% more funds holding in top 10
Funds holding in top 10: 2 [Q4 2024] → 2 (+0) [Q1 2025]
1.18% less ownership
Funds ownership: 18.67% [Q4 2024] → 17.49% (-1.18%) [Q1 2025]
6% less funds holding
Funds holding: 116 [Q4 2024] → 109 (-7) [Q1 2025]
12% less capital invested
Capital invested by funds: $289M [Q4 2024] → $255M (-$34M) [Q1 2025]
17% less first-time investments, than exits
New positions opened: 20 | Existing positions closed: 24
18% less repeat investments, than reductions
Existing positions increased: 31 | Existing positions reduced: 38
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
Low target
$105
18%
upside
Avg. target
$105
18%
upside
High target
$105
18%
upside
1 analyst rating
1 positive
100%
0 neutral
0%
0 negative
0%
Jefferies Omar Nokta | 18%upside $105 | Buy Maintained | 14 May 2025 |
Financial journalist opinion
Based on 3 articles about DAC published over the past 30 days
Positive
Seeking Alpha
1 day ago
Danaos: Considerably Undervalued And Could Inflect Higher Soon
Danaos trades at less than half of book value despite having minimal net debt, with strong earnings visibility through 2028 due to $3.7 billion of contracted revenues. Danaos has recently become more aggressive with share repurchases, buying back over $50 million through May 14th of this year, ~5% of the float! The containership market has strengthened significantly lately, providing Danaos a great opportunity to further contract out 2026 and 2027 when their newbuilds hit the water.
Positive
Seeking Alpha
2 weeks ago
Danaos Corp: Another Big Bet On Maritime Transport
Danaos maintains a well-diversified fleet of vessels, with at most 23% of the vessels belonging to a single class. Hapag-Lloyd and PIL are Danaos' main clients, but they represent only 18% of contracts in each case. Danaos will embark on a fleet expansion that will increase capacity by 128,220 TEUs by 2028.
Positive
Benzinga
3 weeks ago
5 Undervalued Stocks To Buy On China Tariff Cuts
Markets have come close to returning to February highs after China and the U.S. reduced their tariffs. While markets are still shaky, with a Treasury bond auction on Tuesday sending stocks down, most of the tariff drama seems to be over for now.
Neutral
Seeking Alpha
1 month ago
Danaos Corporation, Inc. (DAC) Q1 2025 Earnings Call Transcript
Danaos Corporation, Inc. (NYSE:DAC ) Q1 2025 Earnings Conference Call May 14, 2025 9:00 AM ET Company Participants Evangelos Chatzis - VP, CFO, Treasurer & Secretary John Coustas - Chairman, President & CEO Conference Call Participants Omar Nokta - Jefferies Operator Good day, and welcome to the Danaos Corporation conference call to discuss the financial results for the 3 months ended March 31, 2025. As a reminder, today's call is being recorded.
Neutral
PRNewsWire
1 month ago
Danaos Corporation Reports First Quarter Results for Period Ended March 31, 2025
ATHENS, Greece , May 13, 2025 /PRNewswire/ -- Danaos Corporation ("Danaos") (NYSE: DAC), one of the world's largest independent owners of container vessels and drybulk vessels, today reported unaudited results for the three-month period ended March 31, 2025. Financial Summary Three Months Ended March 31, 2025 and Three Months Ended March 31, 2024 Unaudited ( Expressed in thousands of United States dollars, except as otherwise stated ) Three Months Ended Three Months Ended March 31, 2025 March 31, 2024 Financial & Operating Metrics Container Vessels Dry bulk Vessels Other Total Container Vessels Dry bulk Vessels Other Total Operating Revenues $236,190 $17,117 - $253,307 $233,411 $20,038 - $253,449 Voyage Expenses, excl.
Negative
Seeking Alpha
1 month ago
Why J Mintzmyer Is Short Walmart And Long 3 Shipping Stocks
Shipping expert J Mintzmyer discusses the current volatility in the shipping sector, and the impact of geopolitical events and tariffs on container ships and tankers. Tanker stocks are particularly attractive due to strong rates and geopolitical factors, while container ship stocks face significant challenges from tariffs and reduced trade volumes.
Neutral
PRNewsWire
1 month ago
Danaos Corporation Announces Date for the Release of First Quarter 2025 Results, Conference Call and Webcast
ATHENS, Greece , May 8, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the first quarter ended March 31, 2025, after the close of the market in New York on Tuesday, May 13, 2025. The Company's management team will host a conference call to discuss the results on Wednesday, May 14, 2025 at 9:00 A.M.
Neutral
PRNewsWire
2 months ago
Danaos Corporation Announces Upsizing of its Share Repurchase Program by an additional $100 million
ATHENS, Greece , April 14, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC) announces that its Board of Directors has approved the upsizing of its common stock repurchase program by an additional $100 million. The Company has already executed on share repurchases of approximately $196 million out of the $200 million existing share repurchase program that is now being upsized to a total of $300 million.
Positive
Seeking Alpha
2 months ago
Danaos: +60% Discount To Book With A Reasonable Yield, Reiterate Buy
Danaos Corporation broke a six-quarter streak of missing EPS estimates, ending Q4 2024 with a 41 bps beat and a yield above 4.7%. Despite volatile trading and tariff uncertainties, DAC's fundamentals remain strong with significant revenue growth, fleet expansion, and a $3.4 billion charter backlog. DAC's financial strength, including $671 million in current assets against $169 million in short-term liabilities, makes it a safe-haven investment amidst potential trade disruptions.
Neutral
PRNewsWire
3 months ago
Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2024
ATHENS, Greece , March 13, 2025 /PRNewswire/ -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2024 has been filed with the Securities and Exchange Commission and can be accessed on the company's website, www.danaos.com. Alternatively, shareholders may also request a hard copy of the complete audited financial statements, free of charge, by contacting the company using the contact details provided at the end of this press release.
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