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NYSE:CMRE

Costamare (CMRE) Stock Price, News & Analysis

Costamare logo
$9.20 -0.37 (-3.81%)
Closing price 06/20/2025 03:59 PM Eastern
Extended Trading
$9.20 -0.01 (-0.11%)
As of 06/20/2025 06:24 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Costamare Stock (NYSE:CMRE)

Key Stats

Today's Range
$9.19
$9.62
50-Day Range
$7.04
$9.59
52-Week Range
$6.63
$17.58
Volume
867,276 shs
Average Volume
458,813 shs
Market Capitalization
$1.10 billion
P/E Ratio
3.77
Dividend Yield
5.00%
Price Target
$13.50
Consensus Rating
Hold

Company Overview

Costamare Inc. owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 19, 2024, it had a fleet of fleet of 68 containerships and 37 dry bulk vessels. The company was founded in 1974 and is based in Monaco.

Costamare Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
68th Percentile Overall Score

CMRE MarketRank™: 

Costamare scored higher than 68% of companies evaluated by MarketBeat, and ranked 178th out of 366 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Costamare has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Costamare has received no research coverage in the past 90 days.

  • Read more about Costamare's stock forecast and price target.
  • Earnings Growth

    Earnings for Costamare are expected to decrease by -3.97% in the coming year, from $2.52 to $2.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Costamare is 3.77, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 23.54.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Costamare is 3.77, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.18.

  • Price to Book Value per Share Ratio

    Costamare has a P/B Ratio of 0.42. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

  • Read more about Costamare's valuation and earnings.
  • Percentage of Shares Shorted

    2.01% of the float of Costamare has been sold short.
  • Short Interest Ratio / Days to Cover

    Costamare has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Costamare has recently increased by 7.84%, indicating that investor sentiment is decreasing significantly.
  • Dividend Leadership

    Costamare is a leading dividend payer. It pays a dividend yield of 4.81%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Costamare does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Costamare is 18.85%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Costamare will have a dividend payout ratio of 19.01% next year. This indicates that Costamare will be able to sustain or increase its dividend.

  • Read more about Costamare's dividend.
  • Percentage of Shares Shorted

    2.01% of the float of Costamare has been sold short.
  • Short Interest Ratio / Days to Cover

    Costamare has a short interest ratio ("days to cover") of 1.6, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Costamare has recently increased by 7.84%, indicating that investor sentiment is decreasing significantly.
  • Search Interest

    Only 11 people have searched for CMRE on MarketBeat in the last 30 days. This is a decrease of -15% compared to the previous 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Costamare insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    23.20% of the stock of Costamare is held by insiders. A high percentage of insider ownership can be a sign of company health.

  • Percentage Held by Institutions

    58.08% of the stock of Costamare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

  • Read more about Costamare's insider trading history.
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CMRE Stock News Headlines

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CMRE Stock Analysis - Frequently Asked Questions

Costamare's stock was trading at $12.85 on January 1st, 2025. Since then, CMRE stock has decreased by 28.4% and is now trading at $9.2050.
View the best growth stocks for 2025 here
.

Costamare Inc. (NYSE:CMRE) posted its earnings results on Thursday, May, 8th. The shipping company reported $0.61 earnings per share for the quarter, topping the consensus estimate of $0.52 by $0.09. The shipping company earned $440.54 million during the quarter, compared to analysts' expectations of $330.14 million. Costamare had a net margin of 15.27% and a trailing twelve-month return on equity of 13.44%.
Read the conference call transcript
.

Top institutional investors of Costamare include Nuveen LLC (8.43%), Acadian Asset Management LLC (1.55%), Bridgeway Capital Management LLC (1.23%) and American Century Companies Inc. (1.00%).

Shares of CMRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Costamare investors own include American Water Works (AWK), Waste Connections (WCN), AU Optronics (AUOTY), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Record date for 5/6 Dividend
4/17/2025
Ex-Dividend for 5/6 Dividend
4/17/2025
Dividend Payable
5/06/2025
Last Earnings
5/08/2025
Today
6/20/2025
Next Earnings (Estimated)
7/30/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
TRANS - SHIP
Sub-Industry
Transportation
Current Symbol
NYSE:CMRE
Employees
2,870
Year Founded
1974

Price Target and Rating

Average Stock Price Target
$13.50
High Stock Price Target
$14.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+46.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
3.77
Forward P/E Ratio
3.65
P/E Growth
N/A
Net Income
$319.92 million
Pretax Margin
15.31%

Debt

Sales & Book Value

Annual Sales
$2.08 billion
Cash Flow
$4.58 per share
Price / Cash Flow
2.01
Book Value
$21.85 per share
Price / Book
0.42

Miscellaneous

Free Float
92,130,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
1.21

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This page (NYSE:CMRE) was last updated on 6/21/2025 by MarketBeat.com Staff
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