Danaos (NYSE:DAC) Stock Crosses Above Two Hundred Day Moving Average – Here’s Why

24 Apr 2026, 03:48 by Danessa Lincoln · The Markets Daily

Danaos Corporation (NYSE:DAC – Get Free Report)’s share price crossed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $101.25 and traded as high as $118.00. Danaos shares last traded at $114.9760, with a volume of 57,357 shares traded.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Weiss Ratings restated a “buy (b)” rating on shares of Danaos in a research report on Wednesday, January 21st. Freedom Capital upgraded shares of Danaos to a “hold” rating in a research report on Tuesday, March 10th. Two investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $105.00.

View Our Latest Stock Report on DAC

Danaos Trading Down 0.1%

The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 4.39 and a beta of 0.95. The business’s 50-day simple moving average is $113.40 and its two-hundred day simple moving average is $101.48. The company has a quick ratio of 3.23, a current ratio of 3.28 and a debt-to-equity ratio of 0.23.

Danaos (NYSE:DAC – Get Free Report) last announced its quarterly earnings results on Monday, February 9th. The shipping company reported $7.14 earnings per share for the quarter, beating analysts’ consensus estimates of $6.46 by $0.68. Danaos had a net margin of 47.45% and a return on equity of 13.31%. The business had revenue of $266.27 million during the quarter, compared to analysts’ expectations of $253.00 million.

Danaos Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 4th. Shareholders of record on Monday, February 23rd were given a dividend of $0.90 per share. The ex-dividend date was Monday, February 23rd. This represents a $3.60 dividend on an annualized basis and a dividend yield of 3.1%. Danaos’s dividend payout ratio (DPR) is currently 13.44%.

Institutional Investors Weigh In On Danaos

Institutional investors have recently made changes to their positions in the stock. Kestra Advisory Services LLC acquired a new stake in shares of Danaos during the fourth quarter valued at about $43,000. Raymond James Financial Inc. acquired a new stake in shares of Danaos during the second quarter valued at about $64,000. Tower Research Capital LLC TRC acquired a new stake in shares of Danaos during the second quarter valued at about $67,000. Farther Finance Advisors LLC increased its position in shares of Danaos by 165.0% during the fourth quarter. Farther Finance Advisors LLC now owns 779 shares of the shipping company’s stock valued at $73,000 after acquiring an additional 485 shares during the last quarter. Finally, Royal Bank of Canada increased its position in shares of Danaos by 443.1% during the fourth quarter. Royal Bank of Canada now owns 869 shares of the shipping company’s stock valued at $82,000 after acquiring an additional 709 shares during the last quarter. 19.01% of the stock is currently owned by institutional investors and hedge funds.

Danaos Company Profile

(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.