Stewart Sutton Danaos (NYSE:DAC) is a Greek shipping company with 68 owned and/or operated containerships, mostly transiting goods to Europe, Asia and Australia. I wrote two bullish articles on the company last year (June) (October), starting at a share price of $60. Over the last 10 months, DAC has performed well for shareholders with a +21% total return vs. the equivalent-period S&P 500 gain of +18%. Nothing spectacular, yet I would have guessed this outcome as closer to a minimum return with the gene ...

Danaos (DAC) closed at $73.91 in the latest trading session, marking a -0.57% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.02% for the day. Elsewhere, the Dow saw a downswing of 0.11%, while the tech-heavy Nasdaq appreciated by 0.1%.Shares of the shipping company have appreciated by 3.28% over the course of the past month, outperforming the Transportation sector's loss of 6.69% and the S&P 500's loss of 3.01%.Investors will be eagerly watching for the performanc ...

Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value ...

The latest trading session saw Danaos (DAC) ending at $72.26, denoting a -1.82% adjustment from its last day's close. The stock trailed the S&P 500, which registered a daily loss of 1.46%. Elsewhere, the Dow saw a downswing of 1.24%, while the tech-heavy Nasdaq depreciated by 1.63%.Shares of the shipping company have appreciated by 5.08% over the course of the past month, underperforming the Transportation sector's gain of 6.82% and outperforming the S&P 500's gain of 1.6%.Market participants will be closel ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...