Profile
Sector:
IndustrialsIndustry:
Marine ShippingCountry:
GreeceIPO:
16 October 2006Website:
http://www.danaos.comNext earnings report:
07 August 2024Last dividends:
11 June 2024Next dividends:
N/APrice
after hours | Fri, 28 Jun 2024 21:31:17 GMTAnalysts recommendations
Institutional Ownership
Included in screeners
DAC Latest News
PEMBROKE, Bermuda--(BUSINESS WIRE)-- #HGonNYSE--Hamilton Insurance DAC, the designated activity company of Hamilton Insurance Group, Ltd. (“Hamilton” or “the Company”) (NYSE: HG) registered in Ireland and regulated by the Central Bank of Ireland, today announced that Ross Reynolds has been appointed as Chief Executive Officer, subject to regulatory approval. Reynolds replaces Fiona Marry who will be departing from the Company. Reynolds is based in Dublin and will report to Adrian Daws, Chief Executive Offi.
Danaos Corporation (NYSE:DAC ) Q1 2024 Earnings Conference Call May 28, 2024 9:00 AM ET Company Participants John Coustas - CEO Evangelos Chatzis - CFO Conference Call Participants Omar Nokta - Jefferies Operator Good day, and welcome to the Danaos Corporation Conference Call to discuss the financial results for the Three Months ended March 31, 2024. As a reminder, today's call is being recorded.
Danaos (DAC) ended the most recent trading session at $78.96, showing a slight increase of +0.53% compared to the previous day.
This is how Danaos (DAC) and Greenbrier Companies (GBX) have fared in comparison to their industry in the current year.
Danaos, a Greek containership company, is experiencing a situation where the underlying business value is increasing at a faster pace than its stock price. The comparison between core enterprise value and tangible book value has reached the lowest point ever for DAC, making it the most affordable option among blue-chip transportation stocks on Wall Street. By early 2024, the company is expected to have zero net debt and is forecasted to achieve an EPS of $70 during 2024-26, compared to the current share price of $74.
At the end of the most recent trading session, Danaos (DAC) closed at $73.91, indicating a decrease of 0.57% from the previous trading day.
At Zacks, we prioritize the reliable Zacks Rank system, which highlights earnings estimates and revisions to identify top stocks. However, we also keep a close eye on current value, growth, and momentum trends to emphasize solid choices.
At the end of the most recent trading day, Danaos (DAC) closed at $72.26, showing a decrease of -1.82% from the previous day's closing price.
This shipping stock has bottomed out as earnings have turned to the upside.
I have been bullish on Danaos for the past 2.5 years, but finally, I am feeling worn out and frustrated. The cost of holding Danaos stock, in terms of effort and disappointment, outweighs the potential reward. Nevertheless, my journey with Danaos provided me with a couple of insightful lesseons.
What type of business is Danaos?
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.
What sector is Danaos in?
Danaos is in the Industrials sector
What industry is Danaos in?
Danaos is in the Marine Shipping industry
What country is Danaos from?
Danaos is headquartered in Greece
When did Danaos go public?
Danaos initial public offering (IPO) was on 16 October 2006
What is Danaos website?
https://www.danaos.com
Is Danaos in the S&P 500?
No, Danaos is not included in the S&P 500 index
Is Danaos in the NASDAQ 100?
No, Danaos is not included in the NASDAQ 100 index
Is Danaos in the Dow Jones?
No, Danaos is not included in the Dow Jones index
When does Danaos report earnings?
The next expected earnings date for Danaos is 07 August 2024