Danaos Stock

Danaos Market capitalization 2024

Danaos Market capitalization

1.71 B USD

Ticker

DAC

ISIN

MHY1968P1218

WKN

A2PH59

In 2024, Danaos's market cap stood at 1.71 B USD, a 22.75% increase from the 1.39 B USD market cap in the previous year.

The Danaos Market capitalization history

YEARMarket Capitalization (undefined USD)
20231.26
20221.5
20211.16
20200.17
20190.11
20180.01
20170.01
20160.03
20150.05
20140.05
20130.03
20120.03
20110.04
20100.02
20090.02
20080.08
20070.12
20060.07
2005-
2004-

Danaos Aktienanalyse

What does Danaos do?

Danaos Corp is a Greek company specializing in the operation of container ships. The company was founded in 1972 by Dimitris Coustas and is headquartered in Athens. Since then, Danaos Corp has become one of the world's largest ship lessors and is listed on the New York Stock Exchange. The business model of Danaos Corp is based on leasing container ships to shipping companies worldwide. The company owns a fleet of over 60 ships, which are typically leased to customers on a long-term basis. This allows Danaos Corp to generate stable income and transfer risks to the tenants. Danaos Corp is divided into several divisions, each offering different products and services. The largest division is Container Shipping, which is responsible for operating the fleet. In addition, there are also Technical Management, Insurance Services, and Finance divisions. Each of these divisions is responsible for a specific part of the business and contributes to the stability of the company. The products offered by Danaos Corp are primarily container ships of various sizes. The fleet mainly consists of Panamax and Post-Panamax ships, which are particularly suitable for container transport. In addition, the company also offers various services, such as technical support for the ships or insurance coverage against risks such as piracy or accidents. In recent years, Danaos Corp has also expanded into the renewable energy sector and invested in wind farms and solar parks. This is intended to reduce dependence on fossil fuels and ensure long-term stable income. The history of Danaos Corp is characterized by growth and stability. Since its inception, the company has continued to develop and has also weathered the financial crisis of the 2000s. An important factor for success is the long-term orientation of the business model, which allows the company to generate stable income even in difficult times. Overall, Danaos Corp is a solid and diversified company operating in an important and growing market. With its long-standing experience and expertise in container shipping, the company is well positioned to continue to be successful in the future. Danaos ist eines der beliebtesten Unternehmen auf Eulerpool.com.

Market capitalization Details

Exploring Danaos's Market Capitalization

Danaos's market capitalization represents the total dollar market value of the company’s outstanding shares of stock. It is calculated by multiplying the company's shares outstanding by the current market price of one share. This metric is a vital indicator of a company’s size, strength, and overall market value.

Year-to-Year Comparison

A yearly comparison of Danaos's market capitalization provides investors and analysts insights into its growth and valuation trends. An increase signifies market confidence and business expansion, while a decrease may point towards declining market value or business contractions.

Impact on Investments

Danaos's market capitalization plays a pivotal role in investment decisions. It aids investors in assessing the company's risk and return profiles. Larger companies are often considered more stable but may offer lower growth potential, while smaller companies might offer significant growth prospects but come with higher risk.

Interpreting Market Capitalization Fluctuations

Variations in Danaos’s market capitalization can be attributed to several factors, including changes in stock price, outstanding shares, and market sentiment. Understanding these fluctuations helps investors evaluate the company's current standing and future potential in the competitive landscape.

Frequently Asked Questions about Danaos stock

What is the current Danaos market capitalization?

The current market capitalization of Danaos is 1.71 B USD.

What is market capitalization?

The market capitalization (German: Marktkapitalisierung, English: market capitalization, abbreviated as market cap, also known as stock exchange capitalization or market value) is the calculated total value of all shares of a publicly traded company like Danaos.

How has the market capitalization of Danaos developed in recent years?

The market capitalization of Danaos has increased/decreased by 22.75% compared to the previous year.

What does market capitalization mean for investors?

The market capitalization of a company reflects the current market consensus on the value of the equity of a publicly traded company.

Why is market capitalization an important indicator for investors?

The market capitalization of a company reflects the current market consensus on the value of a publicly traded company's equity. It is determined by the supply and demand for the company's shares. Market capitalization is thus significantly influenced by expectations in the stock market regarding the future earnings power of the company, and as such, it can undergo significant fluctuations.

Why does the market capitalization fluctuate?

The market capitalization fluctuates along with the stock price, as the market capitalization is calculated based on the current price and the number of outstanding shares.

What role does market capitalization play in the valuation of Danaos?

In order to compare the value of companies, it is helpful to consider not only the market capitalization but also the net debt of a company. A potential buyer of the entire company would also acquire the debts of the company. The enterprise value is the total value of a company or a stock corporation. The net financial indebtedness of the company is added to the market capitalization.

Does the market capitalization influence the performance of Danaos?

There is no verifiable long-term evidence or study that stocks with a specific market capitalization (whether Mega/Large/Mid/Small Cap) would consistently yield significantly higher returns than others. There are occasional small studies (few stocks, short investment period) suggesting that certain classes may perform better or have higher risk, but none of them are 1. conclusive (cause-effect relationship is unclear, experiment is not repeatable) or 2. generalizable (generalization is not possible due to small sample size and time period).

Does the market capitalization of Danaos have an influence on indices?

Some stock indices use market capitalization as index weighting. Stocks with a higher market capitalization are also weighted higher in the index. This is in contrast to equally weighted indices (all stocks have the same weighting) and free float weighted indices (market capitalization weighting, but only with the number of shares in free float).

How much dividend does Danaos pay?

Over the past 12 months, Danaos paid a dividend of 3.05 USD . This corresponds to a dividend yield of about 3.56 %. For the coming 12 months, Danaos is expected to pay a dividend of 3.66 USD.

What is the dividend yield of Danaos?

The current dividend yield of Danaos is 3.56 %.

When does Danaos pay dividends?

Danaos pays a quarterly dividend. This is distributed in the months of March, July, September, December.

How secure is the dividend of Danaos?

Danaos paid dividends every year for the past 6 years.

What is the dividend of Danaos?

For the upcoming 12 months, dividends amounting to 3.66 USD are expected. This corresponds to a dividend yield of 4.27 %.

In which sector is Danaos located?

Danaos is assigned to the 'Industry' sector.

Wann musste ich die Aktien von Danaos kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Danaos from 12/4/2024 amounting to 0.85 USD, you needed to have the stock in your portfolio before the ex-date on 11/25/2024.

When did Danaos pay the last dividend?

The last dividend was paid out on 12/4/2024.

What was the dividend of Danaos in the year 2023?

In the year 2023, Danaos distributed 3 USD as dividends.

In which currency does Danaos pay out the dividend?

The dividends of Danaos are distributed in USD.

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Andere Kennzahlen von Danaos

Our stock analysis for Danaos Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Danaos Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.