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Danaos Corp (DAC) Stock Forecast & Price Prediction

Live DAC Stock Price & Analysis

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$80.03

+0.43 (0.54%)

12 Month Price Forecast For DAC

$80.03
Current Price
$1.54B
Market Cap
2 Ratings
Buy 1
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to DAC Price Forecasts

+31.2%
To High Target of $105.00
+26.2%
To Median Target of $101.00
+21.2%
To Low Target of $97.00

DAC Price Momentum

+1.0%
1 Week Change
+0.4%
1 Month Change
+8.1%
1 Year Change
0.0%
Year-to-Date Change
-18.5%
From 52W High of $98.25
+15.4%
From 52W Low of $69.33

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 8, 2025 10:06 AM UTC

DAC Analyst Ratings & Price Targets

Based on our analysis of 3 Wall Street analysts, DAC has a consensus that is neutral. The median price target is $101.00, with forecasts ranging from $97.00 to $105.00. Currently, there are 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings.

With DAC currently trading at $80.03, the median price forecast suggests a 26.2% upside. The most optimistic forecast comes from Omar Nokta at Jefferies, projecting a 31.2% upside, while at provides the most conservative target, suggesting a 21.2% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

DAC Analyst Consensus

1
Buy
1
Hold
0
Sell

DAC Price Target Range

Low
$97.00
Average
$101.00
High
$105.00
Current: $80.03

Latest DAC Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for DAC.

Date Firm Analyst Rating Change Price Target
Nov 12, 2024 Jefferies Omar Nokta Buy Maintains $105.00
May 28, 2024 Jefferies Omar Nokta Buy Maintains $105.00
Feb 14, 2024 Jefferies Omar Nokta Buy Reiterates $90.00
Nov 14, 2023 Jefferies Omar Nokta Buy Reiterates $80.00
Aug 7, 2023 Jefferies Omar Nokta Buy Reiterates $80.00
May 16, 2023 Jefferies Omar Nokta Buy Reiterates $80.00
Feb 15, 2023 Jefferies Omar Nokta Buy Reiterates $80.00
Feb 8, 2022 Jefferies Randy Giveans Buy Maintains $125.00
Jan 20, 2022 Jefferies Randy Giveans Buy Maintains $110.00
Jul 2, 2021 Jefferies Randy Giveans Buy Maintains $90.00
Mar 19, 2021 Jefferies Randy Giveans Buy Maintains $60.00
Feb 4, 2021 Jefferies Randy Giveans Buy Maintains $40.00
Dec 9, 2020 Jefferies Randy Giveans Buy Maintains $18.00
Nov 25, 2020 Jefferies Buy Upgrade $0.00
Nov 25, 2020 Global Hunter Securities Neutral Initiates $0.00
Nov 25, 2020 Seaport Global Neutral Initiates $0.00
Nov 25, 2020 Credit Suisse Neutral Maintains $0.00
Nov 25, 2020 Euro Pacific Capital Buy Initiates $0.00
Nov 6, 2020 Jefferies Randy Giveans Buy Maintains $13.00
Dec 3, 2019 Jefferies Buy Upgrade $0.00

Stocks Similar to Danaos Corp

The following stocks are similar to Danaos based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Danaos Corp (DAC) Financial Data

Danaos Corp has a market capitalization of $1.54B with a P/E ratio of 2.7x. The company generates $1.01B in trailing twelve-month revenue with a 56.2% profit margin.

Revenue growth is +7.1% quarter-over-quarter, while maintaining an operating margin of +51.6% and return on equity of +18.0%.

Valuation Metrics

Market Cap $1.54B
Enterprise Value $1.83B
P/E Ratio 2.7x
PEG Ratio 2.9x
Price/Sales 1.5x

Growth & Margins

Revenue Growth (YoY) +7.1%
Gross Margin +58.8%
Operating Margin +51.6%
Net Margin +56.2%
EPS Growth -7.6%

Financial Health

Cash/Price Ratio +24.8%
Current Ratio 3.9x
Debt/Equity 20.1x
ROE +18.0%
ROA +8.6%

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Danaos Corp logo

Danaos Corp (DAC) Company Overview

About Danaos Corp

What They Do

Provides container and drybulk vessel services.

Business Model

The company operates a fleet of 68 containerships and offers seaborne transportation services in the shipping industry, specifically in the containership and drybulk sectors. It generates revenue through the leasing and operation of its vessels across various international markets.

Additional Information

Founded in 1963 and headquartered in Piraeus, Greece, Danaos Corporation was previously known as Danaos Holdings Limited. As of April 2024, the fleet capacity stands at 421,293 twenty-foot equivalent units.

Company Information

Sector

Industrials

Industry

Marine Shipping

Employees

4

CEO

Dr. John Coustas Ph.D.

Country

Greece

IPO Year

2006

Danaos Corp (DAC) Latest News & Analysis

DAC stock latest news image
Quick Summary

Danaos (DAC) may not meet expectations for its upcoming earnings report, lacking the necessary factors for a potential earnings beat. Investors should prepare accordingly.

Why It Matters

Lack of key ingredients for an earnings beat could signal weaker performance, impacting investor sentiment and potentially lowering stock value for Danaos (DAC).

Source: Zacks Investment Research
Market Sentiment: Negative
DAC stock latest news image
Quick Summary

Danaos Corporation (NYSE: DAC) will release Q4 2024 results on February 10, 2025, and hold a conference call on February 11, 2025, at 9:00 A.M. ET.

Why It Matters

Danaos Corporation's upcoming earnings report and conference call could impact its stock price, reflecting investor sentiment on its financial health and future growth prospects in the shipping industry.

Source: PRNewsWire
Market Sentiment: Neutral
DAC stock latest news image
Quick Summary

Danaos Corporation owns 73 containerships and has 16 more under construction. It is diversifying into drybulk with 10 vessels and is seen as undervalued due to strong cash flow and low net debt.

Why It Matters

Danaos Corporation's fleet expansion and diversification into drybulk enhance growth potential, while strong cash flow and low debt indicate financial stability, making the stock attractive.

Source: Seeking Alpha
Market Sentiment: Positive
DAC stock latest news image
Quick Summary

Warren Buffett is widely recognized as one of the greatest investors in history.

Why It Matters

Warren Buffett's reputation signals confidence in his investment strategies, influencing market sentiment and potentially guiding investor decisions toward stocks he favors.

Source: 24/7 Wall Street
Market Sentiment: Negative
DAC stock latest news image
Quick Summary

Zacks emphasizes its proven Rank system based on earnings estimates and revisions while monitoring value, growth, and momentum trends to identify strong stock picks.

Why It Matters

The Zacks Rank system highlights stocks based on earnings estimates, signaling potential investment opportunities tied to earnings growth and market momentum.

Source: Zacks Investment Research
Market Sentiment: Positive
DAC stock latest news image
Quick Summary

Danaos (DAC) and Global Ship Lease (GSL) have been benchmarked against their sector's performance year-to-date. Further details on specific performance metrics were not provided.

Why It Matters

Performance comparison of Danaos and Global Ship Lease against their sector indicates their competitive positioning, which can influence investment decisions and expectations for future returns.

Source: Zacks Investment Research
Market Sentiment: Positive

Frequently Asked Questions About DAC Stock

What is Danaos Corp's (DAC) stock forecast for 2025?

Based on our analysis of 3 Wall Street analysts, Danaos Corp (DAC) has a median price target of $101.00. The highest price target is $105.00 and the lowest is $97.00.

Is DAC stock a good investment in 2025?

According to current analyst ratings, DAC has 1 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $80.03. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for DAC stock?

Wall Street analysts predict DAC stock could reach $101.00 in the next 12 months. This represents a 26.2% increase from the current price of $80.03. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Danaos Corp's business model?

The company operates a fleet of 68 containerships and offers seaborne transportation services in the shipping industry, specifically in the containership and drybulk sectors. It generates revenue through the leasing and operation of its vessels across various international markets.

What is the highest forecasted price for DAC Danaos Corp?

The highest price target for DAC is $105.00 from Omar Nokta at Jefferies, which represents a 31.2% increase from the current price of $80.03.

What is the lowest forecasted price for DAC Danaos Corp?

The lowest price target for DAC is $97.00 from at , which represents a 21.2% increase from the current price of $80.03.

What is the overall DAC consensus from analysts for Danaos Corp?

The overall analyst consensus for DAC is neutral. Out of 3 Wall Street analysts, 1 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $101.00.

How accurate are DAC stock price projections?

Stock price projections, including those for Danaos Corp, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.