Danaos (DAC) to Post Quarterly Earnings on Monday

Danaos (NYSE:DAC) is expected to post its Q2 2026 results after the market closes on Monday, August 3rd. Analysts expect the company to post earnings of $6.80 per share and revenue of $258.2670 million for the quarter. Parties can find conference call details on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, August 4, 2026 at 9:00 AM ET.

Danaos (NYSE:DAC) last announced its quarterly earnings data on Monday, May 11th. The shipping company reported $6.72 EPS for the quarter, beating the consensus estimate of $5.86 by $0.86. Danaos had a return on equity of 13.18% and a net margin of 49.85%.The business had revenue of $253.70 million during the quarter, compared to analyst estimates of $242.20 million.

Danaos Stock Performance

Shares of DAC stock opened at $139.93 on Monday. The company’s fifty day moving average price is $128.42 and its 200-day moving average price is $117.71. The stock has a market cap of $2.55 billion, a PE ratio of 4.94 and a beta of 0.89. The company has a current ratio of 8.66, a quick ratio of 8.40 and a debt-to-equity ratio of 0.26. Danaos has a 12 month low of $83.56 and a 12 month high of $140.66.

Danaos Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Tuesday, July 21st will be given a dividend of $0.90 per share. This represents a $3.60 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend is Tuesday, July 21st. Danaos’s dividend payout ratio (DPR) is 12.70%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Weiss Ratings raised shares of Danaos from a “buy (b)” rating to a “buy (b+)” rating in a research note on Tuesday, July 14th. Fearnley Fonds raised shares of Danaos from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. One equities research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat, Danaos presently has a consensus rating of “Buy” and a consensus price target of $105.00.

Institutional Investors Weigh In On Danaos

Institutional investors have recently modified their holdings of the stock. Ion Asset Management Ltd. increased its holdings in shares of Danaos by 15.5% during the second quarter. Ion Asset Management Ltd. now owns 654,308 shares of the shipping company’s stock valued at $56,428,000 after acquiring an additional 87,614 shares in the last quarter. ION Fund Management Ltd bought a new position in Danaos in the 4th quarter worth about $39,538,000. Millennium Management LLC boosted its stake in Danaos by 161.8% in the 3rd quarter. Millennium Management LLC now owns 133,401 shares of the shipping company’s stock worth $11,981,000 after purchasing an additional 82,450 shares in the last quarter. JPMorgan Chase & Co. grew its position in Danaos by 13.8% during the 4th quarter. JPMorgan Chase & Co. now owns 111,750 shares of the shipping company’s stock valued at $10,525,000 after purchasing an additional 13,571 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its position in Danaos by 58.0% during the 4th quarter. Goldman Sachs Group Inc. now owns 106,089 shares of the shipping company’s stock valued at $9,991,000 after purchasing an additional 38,958 shares during the last quarter. 19.01% of the stock is owned by hedge funds and other institutional investors.

Danaos Company Profile

Danaos Corporation is a leading independent owner and manager of containerships, specializing in long-term charters of modern vessels to major liner companies worldwide. The company’s core services include vessel acquisition and sale, technical and crew management, and commercial chartering, all aimed at supporting global containerized trade. Danaos leverages its in-house expertise in operations, maintenance and regulatory compliance to ensure reliable and efficient fleet performance.

Founded in 1972 by Dr.