Danaos share price today

(DAC)

Danaos share price is $76.4 & ₹6,492.17 as on 21 Dec 2024, 2.30 'hrs' IST

$76.4

▲

-0.19

(-0.25%)

Market is closed - opens 8 PM, 23 Dec 2024

View live Danaos share price in Dollar and Rupees. Guide to invest in Danaos from India. Also see the sentimental analysis on Indian investors investing in Danaos. Get details on the Indian mutual funds that are investing in Danaos. Get Analyst recommendations and forecasts along with all the Danaos's financials.

Danaos share price movements

Today's Low: $75.52
Today's High: $77.58
$76.40
1.15%
Downside
Day's Volatility :2.66%
Upside
1.52%
52 Weeks Low: $69.33
52 Weeks High: $98.25
$76.40
9.25%
Downside
52 Weeks Volatility :29.44%
Upside
22.24%

Danaos Returns

Period	Danaos Corp	Sector (Industrials)	Index (Russel 2000)
3 Months	-6.85%	0.5%	0.0%
6 Months	-18.1%	8.8%	0.0%
1 Year	3.45%	18.9%	0.0%
3 Years	9.14%	30.7%	-19.7%

Danaos Key Statistics

in dollars & INR

Previous Close	$76.59
Open	$76.06
Today's High	$77.58
Today's Low	$75.5201
Market Capitalization	$1.5B
Today's Volume	$130.5K
52 Week High	$98.25
52 Week Low	$69.33
Revenue TTM	$1.0B
EBITDA	$669.3M
Earnings Per Share (EPS)	$28.89
PE Ratio	2.65
Dividend Yield	4.42%
Profit Margin	56.16%
Quarterly Earnings Growth YOY	-0.07%
Return On Equity TTM	17.98%

How to invest in Danaos from India?

It is very easy for Indian residents to invest directly in Danaos from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Danaos stock in both Indian Rupees (INR) and US Dollars (USD). Search for Danaos or DAC on the INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Danaos or rupee/ dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Danaos shares which would translate to 0.011 fractional shares of Danaos as of today. Learn more about fractional investing.

Indians can now also easily transfer and add money to their US stocks account via the INDmoney app. Invest in US Stocks from India , including recognised companies like Danaos, in just a few clicks!

Returns in Danaos for Indian investors in Rupees

Investment Value

₹1,00,000

Danaos investment value today

Current value as on today

₹1,05,649

Returns

₹5,649

(+5.65%)

Returns from Danaos Stock

₹3,453 (+3.45%)

Dollar Returns

₹2,196 (+2.2%)

Indian investors sentiment towards Danaos

Period: Sep 21, 2024 to Dec 20, 2024. Change in 30 Days versus previous period

Search volume for Danaos on INDmoney from India has grown in the last 30 days as on Dec 21, 2024. 4% more investors are searching Danaos in the last 30 days versus the previous period.

Global Institutional Holdings in Danaos

RBF LLC
2.16%
Ion Asset Management Ltd.
1.98%
Arrowstreet Capital Limited Partnership
1.38%
Morgan Stanley - Brokerage Accounts
1.27%
No Street GP LP
1.16%
Two Sigma Investments LLC
0.58%

Analyst Recommendation on Danaos

Buy

66%Buy

33%Hold

0%Sell

Based on 6 Wall street analysts offering stock ratings for Danaos(by analysts ranked 0 to 5 stars)

Based on 6 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Danaos

What analysts predicted

Upside of 32.2%

Current:

$76.40

Target:

$101.00

Insights on Danaos

Price Movement
In the last 1 month, DAC stock has moved down by -9.7%
Increasing Revenue
Revenue is up for the last 2 quarters, 245.27M → 256.17M (in $), with an average increase of 4.3% per quarter
Decreasing Net Profit
Netprofit is down for the last 3 quarters, 150.49M → 122.99M (in $), with an average decrease of 9.5% per quarter
DAC vs ZIM (1 yr)
In the last 1 year, Zim Integrated Shipping Serv has given 74.2% return, outperforming this stock by 69.9%
Price to Sales
ForDAC every $1 of sales, investors are willing to pay $1.5, whereas for Zim Integrated Shipping Serv, the investors are paying $0.4 for every $1 of sales.

Danaos Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$458.7M	↑ 1.55%
Net Income	$-32.9M	↓ 139.25%
Net Profit Margin	-7.18%	↓ 25.75%

	FY19	Y/Y Change
Revenue	$447.2M	↓ 2.5%
Net Income	$57.0M	↓ 273.14%
Net Profit Margin	12.75%	↑ 19.93%

	FY20	Y/Y Change
Revenue	$461.6M	↑ 3.21%
Net Income	$93.1M	↑ 63.34%
Net Profit Margin	20.18%	↑ 7.43%

	FY21	Y/Y Change
Revenue	$689.5M	↑ 49.37%
Net Income	$1.1B	↑ 1030.3%
Net Profit Margin	152.7%	↑ 132.52%

	FY22	Y/Y Change
Revenue	$993.3M	↑ 44.07%
Net Income	$559.2M	↓ 46.89%
Net Profit Margin	56.3%	↓ 96.4%

	FY23	Y/Y Change
Revenue	$973.6M	↓ 1.99%
Net Income	$576.3M	↑ 3.06%
Net Profit Margin	59.19%	↑ 2.89%

	Q2 FY23	Q/Q Change
Revenue	$241.5M	↓ 0.86%
Net Income	$147.0M	↑ 0.56%
Net Profit Margin	60.88%	↑ 0.86%

	Q3 FY23	Q/Q Change
Revenue	$239.2M	↓ 0.94%
Net Income	$133.2M	↓ 9.43%
Net Profit Margin	55.66%	↓ 5.22%

	Q4 FY23	Q/Q Change
Revenue	$244.9M	↑ 2.38%
Net Income	$149.9M	↑ 12.59%
Net Profit Margin	61.21%	↑ 5.55%

	Q1 FY24	Q/Q Change
Revenue	$249.9M	↑ 2.06%
Net Income	$150.5M	↑ 0.38%
Net Profit Margin	60.21%	↓ 1.0%

	Q2 FY24	Q/Q Change
Revenue	$245.3M	↓ 1.87%
Net Income	$141.2M	↓ 6.21%
Net Profit Margin	57.55%	↓ 2.66%

	Q3 FY24	Q/Q Change
Revenue	$256.2M	↑ 4.45%
Net Income	$123.0M	↓ 12.86%
Net Profit Margin	48.01%	↓ 9.54%

	FY18	Y/Y Change
Profit	$234.2M	↑ 7.95%

	FY19	Y/Y Change
Profit	$236.6M	↑ 1.06%

	FY20	Y/Y Change
Profit	$234.9M	↓ 0.76%

	FY21	Y/Y Change
Profit	$412.4M	↑ 75.6%

	FY22	Y/Y Change
Profit	$665.0M	↑ 61.24%

	FY23	Y/Y Change
Profit	$643.7M	↓ 3.2%

	Q2 FY23	Q/Q Change
Profit	$159.3M	↓ 2.58%

	Q3 FY23	Q/Q Change
Profit	$158.4M	↓ 0.55%

	Q4 FY23	Q/Q Change
Profit	$154.3M	↓ 2.58%

	Q1 FY24	Q/Q Change
Profit	$171.0M	↑ 10.8%

	Q2 FY24	Q/Q Change
Profit	$178.5M	↑ 4.39%

	Q3 FY24	Q/Q Change
Profit	$150.6M	↓ 15.65%

	FY18	Y/Y Change
Operating Cash Flow	$164.7M	↓ 9.05%
Investing Cash Flow	$-8.3M	↓ 569.28%
Financing Cash Flow	$-148.9M	↓ 21.51%

	FY19	Y/Y Change
Operating Cash Flow	$219.9M	↑ 33.51%
Investing Cash Flow	$-21.4M	↑ 158.91%
Financing Cash Flow	$-136.6M	↓ 8.23%

	FY20	Y/Y Change
Operating Cash Flow	$265.7M	↑ 20.83%
Investing Cash Flow	$-170.7M	↑ 699.33%
Financing Cash Flow	$-168.5M	↑ 23.3%

	FY21	Y/Y Change
Operating Cash Flow	$428.1M	↑ 61.14%
Investing Cash Flow	$-143.1M	↓ 16.16%
Financing Cash Flow	$-220.9M	↑ 31.12%

	FY22	Y/Y Change
Operating Cash Flow	$934.7M	↑ 118.34%
Investing Cash Flow	$176.6M	↓ 223.35%
Financing Cash Flow	$-973.4M	↑ 340.71%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$153.0M	↑ 19.92%
Investing Cash Flow	$-100.3M	↑ 1547.94%
Financing Cash Flow	$-125.1M	↑ 322.57%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$149.5M	↓ 2.29%
Investing Cash Flow	$-198.6M	↑ 98.0%
Financing Cash Flow	$-38.3M	↓ 69.4%

Danaos Technicals Summary

Sell

Neutral

Buy

Danaos is currently not in a favorable trading position ( SELL ) according to technical analysis indicators.

Danaos Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Danaos Corp	-9.7%	-18.1%	3.45%	9.14%	733.15%
Hafnia Ltd	-6.92%	-36.44%	-31.59%	-31.59%	-31.59%
Matson Inc	-10.32%	4.46%	22.39%	66.15%	234.2%
Kirby Corporation	-19.15%	-12.42%	28.7%	74.44%	19.07%
Bw Lpg Limited	-24.5%	-44.09%	-29.37%	-29.37%	-29.37%
Zim Integrated Shipping Serv	-24.52%	-9.68%	57.94%	-64.98%	59.04%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Danaos Corp	2.65	2.65	0.52	27.33	0.18	0.09	0.04	175.06
Hafnia Ltd	NA	NA	NA	0.0	0.37	0.13	0.12	NA
Matson Inc	11.5	11.5	3.31	11.58	0.17	0.07	0.01	76.99
Kirby Corporation	20.42	20.42	2.63	5.47	0.09	0.05	NA	54.33
Bw Lpg Limited	NA	3.96	NA	0.0	0.33	0.15	0.23	11.29
Zim Integrated Shipping Serv	1.54	1.54	NA	16.43	-0.5	0.02	0.04	20.41

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Danaos Corp	Buy	$1.5B	733.15%	2.65	56.16%
Hafnia Ltd	Buy	$4.3B	-31.59%	NA	29.69%
Matson Inc	Buy	$4.5B	234.2%	11.5	12.37%
Kirby Corporation	Buy	$6.1B	19.07%	20.42	9.37%
Bw Lpg Limited	NA	NA	-29.37%	NA	13.77%
Zim Integrated Shipping Serv	Sell	$2.2B	59.04%	1.54	-32.81%

About 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 october 12, 2020, it had a fleet of 63 containerships aggregating 385,769 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 1972 and is based in piraeus, greece.

Organization	Danaos
Employees	4
CEO	Dr. John Coustas Ph.D.
Industry	Transportation

Management People of Danaos

Name	Title
Dr. John Coustas Ph.D.	Chairman, President & CEO
Mr. Evangelos Chatzis	VP, CFO, Treasurer & Secretary
Mr. Dimitris Vastarouchas	VP & COO
Mr. Filippos Prokopakis	Chief Commercial Officer

Important FAQs about investing in Danaos from India :

What is Danaos share price today?

Danaos share price today stands at $76.40, Open: $76.06 ; Previous Close: $76.59 ; High: $77.58 ; Low: $75.52 ; 52 Week High: $98.25 ; 52 Week Low: $69.33. The stock opens at $76.06, after a previous close of $76.59. The stock reached a daily high of $77.58 and a low of $75.52, with a 52-week high of $98.25 and a 52-week low of $69.33.

Can Indians buy Danaos shares?

Yes, Indians can invest in the Danaos (DAC) from India.

With INDmoney, you can buy Danaos at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Danaos at zero transaction cost.

How can I buy Danaos shares from India?

It is very easy to buy Danaos from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Danaos be purchased?

Yes, you can buy fractional shares of Danaos with INDmoney app.

What are the documents required to start investing in Danaos stocks?

To start investing in Danaos, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.