Danaos

DAC · NYSE

$157.43+$0.95 (+0.61%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $156.48

DAC analyst rating

BuyConsensus of 1 analyst over the last 12 months. 100% rate it a buy.

Strong buy0
Buy1
Hold0
Underperform0
Sell0

12-month price target · 4 analysts

Average $167.79 (+6.6% upside)

Low: $156.55
Now: $157.43
High: $182.70

Upgrades and downgrades

The latest rating actions, newest first

DAC analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Freedom Broker	Aug 6, 2026	Upgrade	Hold → Buy	$140.00 → $155.00	66%
Freedom Broker	Mar 10, 2026	Initiates	Hold	$120.00	66%

The case for and against

Updated Jan 26, 2026

Bull case

Danaos Corp demonstrated strong financial performance with a robust free cash flow generation of $7.20 per share during the second quarter, translating to an annualized yield exceeding 30%. The company has consistently maintained a quarterly dividend of $0.85 per share, marking its fourth consecutive distribution at this level, and trends suggest a potential increase in the third quarter. Positioned favorably within the containership sector, Danaos benefits from a diversified customer base and significant revenue generation, primarily from the Australia-Asia region, which enhances its overall financial stability and growth prospects.

Bear case

Danaos Corporation reported adjusted second-quarter earnings per share (EPS) of $6.36, falling slightly short of the consensus estimate of $6.66 and missing the analyst forecast of $6.52. The company's adjusted EBITDA was recorded at $176 million, below both the consensus of $185 million and the prior estimate of $183 million, primarily driven by increased vessel operating costs. Notably, operating costs reached $7,556 per day, totaling $56.4 million, which exceeded the projected $51.4 million, contributing to a modest earnings miss despite revenues being in line with expectations.

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