Costamare (NYSE:CMRE - Get Free Report) is anticipated to announce its Q1 2025 earnings results before the market opens on Friday, May 9th. Analysts expect the company to announce earnings of $0.48 per share and revenue of $330.14 million for the quarter.
Costamare (NYSE:CMRE - Get Free Report) last announced its quarterly earnings data on Wednesday, February 5th. The shipping company reported $0.69 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.66 by $0.03. Costamare had a return on equity of 14.03% and a net margin of 15.14%. On average, analysts expect Costamare to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.
Costamare Trading Up 0.8 %
NYSE:CMRE opened at $9.41 on Friday. The company has a quick ratio of 1.56, a current ratio of 1.65 and a debt-to-equity ratio of 0.73. The business's 50 day moving average is $9.63 and its two-hundred day moving average is $11.69. Costamare has a 52 week low of $8.11 and a 52 week high of $17.58. The company has a market cap of $1.13 billion, a PE ratio of 3.85 and a beta of 1.11.
Costamare Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Tuesday, May 6th. Shareholders of record on Thursday, April 17th will be issued a dividend of $0.115 per share. This represents a $0.46 dividend on an annualized basis and a yield of 4.89%. The ex-dividend date is Thursday, April 17th. Costamare's dividend payout ratio is presently 18.85%.
Wall Street Analyst Weigh In
CMRE has been the topic of a number of research analyst reports. StockNews.com initiated coverage on Costamare in a report on Tuesday. They set a "hold" rating on the stock. Jefferies Financial Group reaffirmed a "hold" rating and set a $13.00 target price on shares of Costamare in a report on Wednesday, February 5th.
Read Our Latest Stock Analysis on CMRE
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