12 Month Price Forecast For DAC
Distance to DAC Price Forecasts
DAC Price Momentum
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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
DAC Price Target Range
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 |
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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
Growth & Margins
Financial Health
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Danaos Corp (DAC) Company Overview
About Danaos Corp
Provides container and drybulk vessel services.
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.
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
Website
www.danaos.comDanaos Corp (DAC) Latest News & Analysis
Danaos (DAC) may not meet expectations for its upcoming earnings report, lacking the necessary factors for a potential earnings beat. Investors should prepare accordingly.
Lack of key ingredients for an earnings beat could signal weaker performance, impacting investor sentiment and potentially lowering stock value for Danaos (DAC).
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.
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.
Danaos: Undervalued With Strong Cash Flows
25 days agoDanaos 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.
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.
Warren Buffett is widely recognized as one of the greatest investors in history.
Warren Buffett's reputation signals confidence in his investment strategies, influencing market sentiment and potentially guiding investor decisions toward stocks he favors.
Zacks emphasizes its proven Rank system based on earnings estimates and revisions while monitoring value, growth, and momentum trends to identify strong stock picks.
The Zacks Rank system highlights stocks based on earnings estimates, signaling potential investment opportunities tied to earnings growth and market momentum.
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.
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.
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.