Added to YB: 2024-11-12
Pitch date: 2024-11-10
DAC [bullish]
Danaos Corporation
-4.09%
current return
Author Info
Value Science is a newsletter for value investors. Sign up for the newsletter.
Upgrade to Yellowbrick Premium to unlock investor returns. Upgrade to Yellowbrick Premium
Company Info
Danaos Corporation, through its subsidiaries, owns and operates containerships and drybulk vessels in Australia, Europe, and the United States.
Market Cap
$1.4B
Pitch Price
$79.98
Price Target
115.00 (+50%)
Dividend
4.40%
Sector
Marine Transportation
Category
value
Show full summary:
Danaos Corporation - $DAC
DAC: Containership lessor at $82, $115 target. Strong charters through 2026 insulate from market weakness. DCF valuation $95-$138. Upside from new contracts, potential 2025 boom. Risks: weak shareholder returns, large industry orderbook. Long-term thesis intact despite bearish outlook.
Read full article (8 min)