Danaos Corporation Aktie News

Danaos is a Greek containership company witnessing underlying "business value" growing faster than its stock quote. Core enterprise value vs. tangible book value readings have reached DAC's lowest point ever and represent the cheapest proportion for any blue-chip transportation stock trading on Wall Street. The company is approaching zero net debt in early 2024 and is projected to achieve $70 f...

I have been bullish on Danaos for the past 2.5 years, but finally, I am feeling worn out and frustrated. The cost of holding Danaos stock, in terms of effort and disappointment, outweighs the potential reward. Nevertheless, my journey with Danaos provided me with a couple of insightful lesseons.

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 ...

Danaos Corporation (DAC) Q4 2023 Earnings Call Transcript

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, 2...

DAC is trading at half its tangible book value despite being net debt free and having almost $50/share in earnings contracted for 2024-2025. DAC has paid down so much debt, its Enterprise Value is back to the COVID lows.

ATHENS, Greece, Feb. 08, 2024 (GLOBE NEWSWIRE) -- Danaos Corporation (NYSE: DAC), one of the world's largest independent owners of containerships, announced today that it will release its results for the fourth quarter ended December 31, 2023, after the close of the market in New York on Tuesday, February 13, 2024.

J Mintzmyer discusses the shipping sector, disruptions in the Red Sea, and investment opportunities. Tankers and containerships are the most impacted sectors, with rates surging and potential for a multi-year supercycle.