John Coustas - Danaos Chairman
| DAC Stock | USD 78.54 1.99 2.60% |
Chairman
Dr. John Coustas, Ph.D., is President, Chief Executive Officer, Director of Danaos Corporationrationration. Dr. Coustas has over 30 years of experience in the shipping industry. Dr. Coustas assumed management of our company in 1987 from his father, Dimitris Coustas, who founded Danaos Shipping in 1972, and was responsible for our corporate strategy and the management of our affairs since that time. Dr. Coustas is also a member of the board of directors of Danaos Management Consultants, the Union of Greek Shipowners and the Cyprus Union of Shipowners and President of HELMEPA, as well as Deputy Chairman of the board of directors of The Swedish Club
| Age | 68 |
| Address | 14 Akti Kondyli, Piraeus, Greece, 185 45 |
| Phone | 30 210 41 96 480 |
| Web | https://www.danaos.com |
Danaos Management Efficiency
The company has Return on Asset of 0.1024 % which means that on every $100 spent on assets, it made $0.1024 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.2067 %, implying that it generated $0.2067 on every 100 dollars invested. Danaos' management efficiency ratios could be used to measure how well Danaos manages its routine affairs as well as how well it operates its assets and liabilities. At present, Danaos' Return On Assets are projected to increase slightly based on the last few years of reporting. At present, Danaos' Other Current Assets are projected to increase significantly based on the last few years of reporting. The current year's Total Current Assets is expected to grow to about 526.9 M, whereas Total Assets are forecasted to decline to about 3.1 B.Similar Executives
| Found 4 records | CHAIRMAN Age | ||
| Michael Gross | Global Ship Lease | 59 | |
| Angeliki Frangou | Navios Maritime Partners | 59 | |
| Vangelis Ikonomou | TOP Ships | 59 | |
| Georgios Youroukos | Global Ship Lease | 59 | |
Management Performance
Danaos Leadership Team
Elected by the shareholders, the Danaos' board of directors comprises two types of representatives: Danaos inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Danaos. The board's role is to monitor Danaos' management team and ensure that shareholders' interests are well served. Danaos' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Danaos' outside directors are responsible for providing unbiased perspectives on the board's policies.
| Evangelos Chatzis, Chief Financial Officer, Secretary | ||
| William Repko, Independent Director | ||
| Miklos KonkolyThege, Independent Director | ||
| Petros Christodoulou, Independent Director | ||
| Anthony Kandylidis, Independent Director | ||
| Iraklis Prokopakis, COO, Sr. VP, Treasurer, Director, Member of Compensation Committee and Member of Nominating and Corporate Governance Committee | ||
| Dimitris Vastarouchas, Deputy Chief Operating Officer, Technical Director | ||
| George Economou, Independent Director | ||
| Myles Itkin, Independent Director | ||
| John Coustas, Chairman of the Board, President, Chief Executive Officer | ||
| Filippos Prokopakis, Chief Officer |
Danaos Stock Performance Indicators
The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Danaos a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.
| Return On Equity | 0.21 | ||||
| Return On Asset | 0.1 | ||||
| Profit Margin | 0.59 % | ||||
| Operating Margin | 0.53 % | ||||
| Current Valuation | 1.57 B | ||||
| Shares Outstanding | 19.42 M | ||||
| Shares Owned By Insiders | 48.71 % | ||||
| Shares Owned By Institutions | 20.68 % | ||||
| Number Of Shares Shorted | 512.27 K | ||||
| Price To Earning | 8.42 X |
Pair Trading with Danaos
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Danaos position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Danaos will appreciate offsetting losses from the drop in the long position's value.Moving against Danaos Stock
| 0.68 | EDRY | EuroDry Financial Report 20th of May 2024 | PairCorr |
The ability to find closely correlated positions to Danaos could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Danaos when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Danaos - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Danaos to buy it.
The correlation of Danaos is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Danaos moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Danaos moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Danaos can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Danaos. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in nation. For information on how to trade Danaos Stock refer to our How to Trade Danaos Stock guide.Note that the Danaos information on this page should be used as a complementary analysis to other Danaos' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Complementary Tools for Danaos Stock analysis
When running Danaos' price analysis, check to measure Danaos' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Danaos is operating at the current time. Most of Danaos' value examination focuses on studying past and present price action to predict the probability of Danaos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Danaos' price. Additionally, you may evaluate how the addition of Danaos to your portfolios can decrease your overall portfolio volatility.
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Is Danaos' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Danaos. If investors know Danaos will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Danaos listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.021 | Dividend Share 3.1 | Earnings Share 28.95 | Revenue Per Share 48.975 | Quarterly Revenue Growth (0.01) |
The market value of Danaos is measured differently than its book value, which is the value of Danaos that is recorded on the company's balance sheet. Investors also form their own opinion of Danaos' value that differs from its market value or its book value, called intrinsic value, which is Danaos' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Danaos' market value can be influenced by many factors that don't directly affect Danaos' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Danaos' value and its price as these two are different measures arrived at by different means. Investors typically determine if Danaos is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Danaos' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.