Added to YB: 2024-11-12
Pitch date: 2024-11-10
DAC [bullish]
Danaos Corporation
-4.09%
current return
Author Info
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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 (+51%)
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)