5 Most Profitable Small-Cap Stocks Now

1. Danaos Corporation (NYSE:DAC)

Number of Hedge Fund Holders: 15

Net Income (TTM) as of December 31, 2022: $559.2 million

Danaos Corporation (NYSE:DAC) is the most profitable small-cap marine shipping company on our list. The company has operations in Australia, Asia, Europe, and the United States. For fiscal 2022, the company’s net income amounted to $559.2 million. As of February 17, the stock has gained 11.43% year to date and is trading at a PE multiple of 2x.

On February 14, Danaos Corporation (NYSE:DAC) declared a quarterly dividend of $0.75 per share. The dividend is payable on March 14 to stockholders of record on February 28. As of February 17, the stock is offering a forward dividend yield of 5.03%.

At the close of the third quarter of 2022, 15 hedge funds held stakes in Danaos Corporation (NYSE:DAC). The total value of these stakes amounted to $127.6 million. As of December 31, Balyasny Asset Management is the largest shareholder in the company and has a position worth $25.1 million.

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