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Danaos - DAC Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: $72.50
  • Forecasted Upside: 10.69%
  • Number of Analysts: 1
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
$65.50 As of 10/3/2023 10:55 AM ET
▼ -0.41 (-0.62%)

This chart shows the closing price for DAC by one month, three months, or twelve months.

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Analyst Price Target for DAC

Analyst Price Target is $72.50
▲ +10.69% Upside Potential
This price target is based on 1 analysts offering 12 month price targets for Danaos in the last 3 months. The average price target is $72.50, with a high forecast of $80.00 and a low forecast of $65.00. The average price target represents a 10.69% upside from the last price of $65.50.

This chart shows the closing price for DAC for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 1 polled investment analysts is to buy stock in Danaos. This Buy consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/11/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/10/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/8/2022
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
1/6/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
4/6/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
7/5/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
9/3/2023
  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
10/3/2023

Latest Recommendations

  • 0 strong buy ratings
  • 1 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
8/7/2023Jefferies Financial GroupReiterated RatingBuy ➝ Buy$80.00Low
2/15/2023Jefferies Financial GroupReiterated RatingBuy$80.00Low
11/9/2022CitigroupLower Target$85.00 ➝ $65.00Low
7/20/2022Jefferies Financial GroupInitiated CoverageBuy$100.00Low
6/14/2022Clarkson CapitalReiterated RatingBuyLow
2/8/2022Jefferies Financial GroupBoost TargetBuy$110.00 ➝ $125.00Low
1/20/2022Jefferies Financial GroupBoost TargetBuy$95.00 ➝ $110.00Low
11/10/2021CitigroupBoost TargetNeutral$80.00 ➝ $90.00High
7/2/2021Jefferies Financial GroupBoost TargetBuy$87.00 ➝ $90.00Low
3/29/2021Fearnley FondsInitiated CoverageBuy$67.00Low
3/19/2021Jefferies Financial GroupBoost TargetBuy$50.00 ➝ $60.00High
2/4/2021Jefferies Financial GroupBoost TargetBuy$18.00 ➝ $40.00High
12/9/2020Jefferies Financial GroupBoost TargetBuy$13.00 ➝ $18.00High
11/6/2020Jefferies Financial GroupBoost TargetBuy$12.00 ➝ $13.00High
9/28/2020CitigroupBoost TargetNeutral$4.75 ➝ $6.25High
1/30/2020CitigroupInitiated CoverageNeutral$8.00High
12/3/2019Jefferies Financial GroupUpgradeHold ➝ Buy$9.00Medium
(Data available from 10/3/2018 forward)

News Sentiment Rating

1.31 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 3 very positive mentions
  • 5 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/7/2023
  • 5 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/6/2023
  • 1 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/6/2023
  • 5 very positive mentions
  • 16 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
6/5/2023
  • 3 very positive mentions
  • 2 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
7/5/2023
  • 1 very positive mentions
  • 2 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
8/4/2023
  • 4 very positive mentions
  • 8 positive mentions
  • 2 negative mentions
  • 0 very negative mentions
Mentions as of
9/3/2023
  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/3/2023

Current Sentiment

  • 3 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

Danaos logo
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.
Read More

Today's Range

Now: $65.50
Low: $65.33
High: $65.62

50 Day Range

MA: $67.10
Low: $63.97
High: $71.22

52 Week Range

Now: $65.50
Low: $51.10
High: $71.65

Volume

5,411 shs

Average Volume

129,862 shs

Market Capitalization

$1.33 billion

P/E Ratio

2.59

Dividend Yield

4.53%

Beta

1.57

Frequently Asked Questions

What sell-side analysts currently cover shares of Danaos?

The following Wall Street analysts have issued reports on Danaos in the last twelve months: Citigroup Inc., Jefferies Financial Group Inc., and StockNews.com.
View the latest analyst ratings for DAC.

What is the current price target for Danaos?

2 Wall Street analysts have set twelve-month price targets for Danaos in the last year. Their average twelve-month price target is $72.50, suggesting a possible upside of 9.9%. Jefferies Financial Group Inc. has the highest price target set, predicting DAC will reach $80.00 in the next twelve months. Citigroup Inc. has the lowest price target set, forecasting a price of $65.00 for Danaos in the next year.
View the latest price targets for DAC.

What is the current consensus analyst rating for Danaos?

Danaos currently has 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe DAC will outperform the market and that investors should add to their positions of Danaos.
View the latest ratings for DAC.

What other companies compete with Danaos?

Other companies that are similar to Danaos include ZIM Integrated Shipping Services, Dorian LPG, SFL, Navigator and Costamare. Learn More about companies similar to Danaos.

How do I contact Danaos' investor relations team?

Danaos' physical mailing address is 14 AKTI KONDYLI, Piraeus J3, 185 45. The shipping company's listed phone number is 302104196480 and its investor relations email address is [email protected]. The official website for Danaos is www.danaos.com. Learn More about contacing Danaos investor relations.