Danaos (DAC) Projected to Post Earnings on Monday

Danaos (NYSE:DAC) is expected to be releasing its Q3 2026 results after the market closes on Monday, November 9th. Analysts expect the company to announce earnings of $7.39 per share and revenue of $276.63 million for the quarter. Individuals can find conference call details on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Tuesday, November 17, 2026 at 9:00 AM ET.

Danaos (NYSE:DAC) last released its quarterly earnings data on Monday, August 3rd. The shipping company reported $7.29 earnings per share (EPS) for the quarter, topping the consensus estimate of $6.80 by $0.49. The company had revenue of $274.37 million during the quarter, compared to the consensus estimate of $258.27 million. Danaos had a net margin of 51.26% and a return on equity of 13.20%.

Danaos Trading Up 0.2%

Shares of DAC opened at $157.28 on Monday. The company has a debt-to-equity ratio of 0.29, a current ratio of 9.30 and a quick ratio of 9.15. Danaos has a 12 month low of $89.07 and a 12 month high of $172.76. The stock’s 50-day moving average is $157.71 and its two-hundred day moving average is $130.47. The stock has a market cap of $2.86 billion, a PE ratio of 5.32 and a beta of 0.87.

Danaos Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, October 22nd. Shareholders of record on Tuesday, October 13th were issued a $1.00 dividend. This is a boost from Danaos’s previous quarterly dividend of $0.90. This represents a $4.00 dividend on an annualized basis and a yield of 2.5%. The ex-dividend date of this dividend was Tuesday, October 13th. Danaos’s dividend payout ratio is presently 13.54%.

Analyst Ratings Changes

A number of research firms recently weighed in on DAC. Weiss Ratings raised shares of Danaos from a “buy (a-)” rating to a “buy (a)” rating in a report on Thursday, October 8th. Freedom Capital raised Danaos from a “hold” rating to a “strong-buy” rating in a report on Wednesday, August 5th. Three analysts have rated the stock with a Strong Buy rating. According to data from MarketBeat, the stock currently has an average rating of “Strong Buy”.

About Danaos

Danaos Corporation (NYSE: DAC) is a maritime transportation company that owns and operates containerships used to transport containerized cargo around the world. The company primarily charters its vessels to major container shipping companies under a range of short- and long-term agreements.

Founded in 1972, Danaos has developed an international fleet serving major trade routes and ports across Asia, Europe, North America and other global markets. Its operations support the movement of manufactured goods, consumer products and other cargo transported in standardized shipping containers.

The company is headquartered in Piraeus, Greece, and is led by Chairman and Chief Executive Officer Dr.