Danaos (NYSE:DAC) Reaches New 52-Week High – What’s Next?

Posted by Francis Steltz on Jul 25th, 2026

Danaos Corporation (NYSE:DAC – Get Free Report) hit a new 52-week high during trading on Thursday . The company traded as high as $135.63 and last traded at $135.1050, with a volume of 47990 shares. The stock had previously closed at $132.19.

Analysts Set New Price Targets

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

Read Our Latest Stock Report on DAC

Danaos Price Performance

The company has a market capitalization 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. The company’s 50 day moving average price is $128.42 and its 200-day moving average price is $117.55.

Danaos (NYSE:DAC – Get Free Report) last issued its earnings results on Monday, May 11th. The shipping company reported $6.72 earnings per share for the quarter, topping 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 for the quarter, compared to analyst estimates of $242.20 million.

Danaos Announces Dividend

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

Institutional Trading of Danaos

A number of institutional investors have recently modified their holdings of DAC. JPMorgan Chase & Co. raised its holdings in shares of Danaos by 18.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 98,179 shares of the shipping company’s stock valued at $8,817,000 after buying an additional 15,345 shares during the period. Shikiar Asset Management Inc. purchased a new position in Danaos in the 4th quarter worth approximately $603,000. Midwest Professional Planners LTD. purchased a new position in Danaos in the 4th quarter worth approximately $487,000. Diversified Trust Co acquired a new stake in Danaos in the first quarter valued at approximately $498,000. Finally, Marnell Management LLC purchased a new stake in shares of Danaos during the fourth quarter valued at approximately $670,000. Hedge funds and other institutional investors own 19.01% of the company’s stock.

About Danaos

(Get Free Report)

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.