Danaos(DAC)
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Bull of the Day: Danaos (DAC)
Zacks Investment Research· 2024-04-03 12:01
Finally, this market is giving us a pullback. Only, there’s a strange thing about pullbacks. When they happen, most of y’all are too full of cowardice to plug your nose and buy the dip. Too often, investors shy away and later wonder why they didn’t go all in. Welp, there are several reasons why. I’m here to help quell a couple of them. The most important being earnings estimates. If you see earnings moving up, then you should pause and think about the stock you’re analyzing.Today’s Bull of the Day is Zacks ...
Danaos: Feeling Frustrated? This Is Your Permission Slip To Get Out
Seeking Alpha· 2024-04-01 14:50
SBWorldphotography In the past 2.5 years, I covered Danaos Corporation (NYSE:DAC) a total of 10 times. From the moment Danaos began signing highly lucrative multi-year leases for its containerships in the midst of the COVID-19 pandemic to its aggressive deleveraging journey in the coming quarters and, most recently, its entry into the dry bulk industry, I have been very bullish on its stock. Accordingly, between the summer of 2021 and recently, I would accumulate shares of Danaos whenever the stock slipped ...
Shipping Industry Rises 20.6% in 6 Months: More Room to Run?
Zacks Investment Research· 2024-03-19 14:56
The Zacks Transportation - Shipping industry is benefiting from the upbeat liquefied petroleum gas (LPG) demand. The buoyant demand scenario pertaining to the export of LPG, like propane, has served the U.S. economy well. The country is the largest exporter of gases like propane and butane. This has boosted the prospects of transporters of LPG. Notably, seaborne LPG gas volumes have been on the rise since the pandemic.With the reopening of the China economy, the entire shipping industry heaved a sigh of rel ...
Danaos Corporation Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2023
Businesswire· 2024-03-04 12:30
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (NYSE: DAC), one of the world’s largest independent owners of containerships, announced today that its Annual Report on Form 20-F for the year ended December 31, 2023 has been filed with the Securities and Exchange Commission and can be accessed on the company's website, www.danaos.com. Alternatively, shareholders may also request a hard copy of the complete audited financial statements, free of charge, by contacting the company using the contact details ...
The Transportation Sector is Highlighting Top Value Stocks to Buy in March
Zacks Investment Research· 2024-03-01 23:51
Known for distributing high dividends to investors when business operations are strong the Zacks Transportation-Shipping Industry will be one to watch in March. Alluding to this narrative is that the Zacks Transportation-Shipping Industry is currently in the top 22% of over 250 Zacks industries.Standing out in terms of value including enticing dividends a few of these stocks are making the case for being bargains and here are several to consider.Euroseas (ESEA) In addition to sporting a Zacks Rank #1 (Stron ...
Danaos(DAC) - 2023 Q4 - Annual Report
2024-02-28 16:00
OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 FOR THE FISCAL YEAR ENDED DECEMBER 31, 2023 OR Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 20-F ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 Not Applicable (Translation of Registrant's name into English) Republic of The Marshall Islands ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT ...
Should Value Investors Buy Danaos (DAC) Stock?
Zacks Investment Research· 2024-02-15 15:46
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.Of these, value investing is easily one of the most popular ways to find great stocks in any market environment. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current ...
Danaos(DAC) - 2023 Q4 - Earnings Call Transcript
2024-02-14 16:19
Danaos Corporation (NYSE:DAC) Q4 2023 Earnings Conference Call February 14, 2024 9:00 AM ET Company Participants John Coustas - CEO Evangelos Chatzis - CFO Conference Call Participants Omar Nokta - Jefferies Clement Mullins - Value Investors Operator Good day, and welcome to the Danaos Corporation conference call to discuss the financial results for the Three Months ended December 31, 2023. As a reminder, today’s call is being recorded. Hosting the call today is Dr. John Coustas, Chief Executive Officer of ...
Danaos(DAC) - 2023 Q4 - Earnings Call Presentation
2024-02-14 15:43
Container Vessels Other Total Adjustments Loss on debt extinguishment - - - - 18,588 - - 18,588 Adjusted Earnings per share $6.99 $6.99 Dry Bulk Adjustments | --- | --- | --- | --- | |-------------------------------|-------------------------|---------------------|------------------| | Container Vessels \n$588,447 | Dry Bulk Vessels \n- | Other \n$(29,237) | Total \n$559,210 | | | | | | | 11,520 | - | - | 11,520 | | 5,440 | - | - | 5,440 | | - | - | 176,386 | 176,386 | | (4,351) | - | - | (4,351) | | (37,225 ...
Danaos Corporation Reports Results for the Fourth Quarter and Year Ended December 31, 2023
Businesswire· 2024-02-13 21:30
ATHENS, Greece--(BUSINESS WIRE)--Danaos Corporation (“Danaos”) (NYSE: DAC), one of the world’s largest independent owners of containerships, today reported unaudited results for the fourth quarter and the year ended December 31, 2023. Highlights for the Fourth Quarter and Year Ended December 31, 2023: Financial Summary Three Months Ended December 31, 2023 and Three Months Ended December 31, 2022 Unaudited (Expressed in thousands of United States dollars, except as otherwise stated) ...