Danaos Corporation with ticker code (DAC) now have 3 analysts in total covering the stock. The consensus rating is pointing to ‘Buy’. The range between the high target price and low target price is between 125 and 65 and has a mean target at $90.00. Now with the previous closing price of $51.88 this is indicating there is a potential upside of 73.5%. Also worth taking note is the 50 day moving average now sits at $57.54 and the 200 day moving average is $61.22. The total market capitalization for the company now stands at $1,113m. Find out more information at: https://www.danaos.com
The potential market cap would be $1,931m based on the market consensus.
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 March 7, 2023, it had a fleet of 68 containerships aggregating 421,293 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.
The company has a dividend yield of 5.59% with the ex dividend date set at 27-2-2023 (DMY).
Other points of data to note are a P/E ratio of 1.94, revenue per share of 48.5 and a 10.82% return on assets.
