NYSE:CMRE Costamare (CMRE) Stock Price, News & Analysis $14.10 -0.18 (-1.26%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$13.68▼$14.1250-Day Range$14.11▼$17.1952-Week Range$8.54▼$17.58Volume831,617 shsAverage Volume560,332 shsMarket Capitalization$1.66 billionP/E Ratio5.47Dividend Yield3.26%Price Target$12.33 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Costamare alerts: Email Address Costamare MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside12.6% Downside$12.33 Price TargetShort InterestBearish6.07% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.31Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth-8.19%From $2.93 to $2.69 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.66 out of 5 starsTransportation Sector98th out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry28th out of 32 stocks 1.2 Analyst's Opinion Consensus RatingCostamare has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageCostamare has only been the subject of 2 research reports in the past 90 days.Read more about Costamare's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted6.07% of the float of Costamare has been sold short.Short Interest Ratio / Days to CoverCostamare has a short interest ratio ("days to cover") of 3.6, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Costamare has recently increased by 10.78%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCostamare pays a meaningful dividend of 3.16%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCostamare does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Costamare is 17.83%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Costamare will have a dividend payout ratio of 17.10% next year. This indicates that Costamare will be able to sustain or increase its dividend.Read more about Costamare's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMRE. Previous Next 2.4 News and Social Media Coverage News SentimentCostamare has a news sentiment score of 0.31. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.42 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Costamare this week, compared to 2 articles on an average week.Search InterestOnly 11 people have searched for CMRE on MarketBeat in the last 30 days. This is a decrease of -52% compared to the previous 30 days.MarketBeat Follows5 people have added Costamare to their MarketBeat watchlist in the last 30 days. This is an increase of 25% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Costamare insiders have not sold or bought any company stock.Percentage Held by Insiders23.20% 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 Institutions58.08% 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Costamare are expected to decrease by -8.19% in the coming year, from $2.93 to $2.69 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Costamare is 5.47, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Costamare is 5.47, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 21.93.Price to Book Value per Share RatioCostamare has a P/B Ratio of 0.68. 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. Previous Next See Top Rated MarketRank™ Stocks Here Ad DarwinTop Stock Unveiled!Ready to discover the standout stock of 2024? We’ve identified a single buy & hold gem that’s poised to redefine your portfolio. Download our exclusive report now and dive into the Insights. Click below to opt-in and receive up to two additional free bonus subscriptions. Unsubscribe at any time.Get Your Free Report About Costamare Stock (NYSE:CMRE)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.Read More CMRE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMRE Stock News HeadlinesJuly 26 at 8:19 AM | globenewswire.comCostamare Inc. Sets the Date for Its Second Quarter 2024 Results Release, Conference Call and WebcastJuly 25 at 6:18 AM | americanbankingnews.comCostamare (NYSE:CMRE) Given New $14.00 Price Target at Stifel NicolausJuly 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 23 at 12:03 PM | msn.comCostamare (CMRE) Surges 43% YTD: What Should Investors Do Now?July 15, 2024 | globenewswire.comCostamare Inc. Completes Full Redemption of Its Outstanding Shares of Series E Preferred StockJuly 14, 2024 | investorplace.com3 Stocks to Buy Before They Skyrocket: July EditionJuly 12, 2024 | globenewswire.comCostamare Inc. Announces 2024 Annual Meeting of StockholdersJuly 11, 2024 | investorplace.comThe 3 Most Undervalued Stocks to Buy in July 2024July 26, 2024 | MarketBeat (Ad)We just added a $300 account credit to your MarketBeat subscriptionMarketBeat All Access is our complete suite of portfolio monitoring software, research tools, stock screeners, proprietary reports, and more. Upgrade today and get $300 off your 2024-2025 subscription. Free for 30 days.July 2, 2024 | investorplace.comThe 3 Best Long-Term Stocks to Buy in July 2024July 1, 2024 | globenewswire.comCostamare Inc. Declares Quarterly Dividend on Its Preferred and Common StockJune 25, 2024 | globenewswire.comNeptune Maritime Leasing Awarded Marine Money's Private Equity Deal of the Year 2023June 20, 2024 | gurufocus.comWhat's Driving Costamare Inc's Surprising 43% Stock Rally?June 19, 2024 | investorplace.comWall Street Favorites: 3 Dividend Stocks With Strong Buy Ratings for June 2024June 14, 2024 | globenewswire.comCostamare Inc. Announces Full Redemption of its Outstanding Shares of Series E Preferred StockJune 12, 2024 | investorplace.comGrowth Gurus: 3 Stocks That Will Enlighten Your Path to ProfitabilityJune 7, 2024 | investorplace.comThe 3 Most Undervalued Stocks With Strong Fundamentals to Buy in June 2024June 4, 2024 | investorplace.comThe 3 Most Undervalued Growth Stocks to Buy in June 2024See More Headlines Receive CMRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Costamare and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Ex-Dividend for 5/6 Dividend4/18/2024Dividend Payable5/06/2024Last Earnings5/10/2024Ex-Dividend for 8/6 Dividend7/19/2024Today7/26/2024Next Earnings (Estimated)7/26/2024Dividend Payable8/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:CMRE CUSIPN/A CIK1503584 Webwww.costamare.com Phone(779) 325-0940Fax377-9325-0942Employees2,750Year Founded1974Price Target and Rating Average Stock Price Target$12.33 High Stock Price Target$14.00 Low Stock Price Target$11.00 Potential Upside/Downside-10.6%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.58 Trailing P/E Ratio5.35 Forward P/E Ratio4.71 P/E GrowthN/ANet Income$385.75 million Net Margins19.26% Pretax Margin19.26% Return on Equity12.61% Return on Assets5.74% Debt Debt-to-Equity Ratio0.80 Current Ratio1.91 Quick Ratio1.81 Sales & Book Value Annual Sales$1.51 billion Price / Sales1.07 Cash Flow$3.87 per share Price / Cash Flow3.57 Book Value$20.73 per share Price / Book0.67Miscellaneous Outstanding Shares117,640,000Free Float90,349,000Market Cap$1.62 billion OptionableOptionable Beta1.38 Social Links Metaverse Stocks And Why You Can't Ignore ThemThinking about investing in Meta, Roblox, or Unity? Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.Get This Free Report Key ExecutivesMr. Konstantinos V. Konstantakopoulos (Age 55)Chairman & CEO Mr. Gregory G. Zikos (Age 55)CFO & Director Mr. Anastasios Gabrielides (Age 59)General Counsel & Secretary Mr. Peter LundChief Commercial OfficerKey CompetitorsFrontlineNYSE:FROScorpio TankersNYSE:STNGTORMNASDAQ:TRMDCadeler A/SNYSE:CDLRZIM Integrated Shipping ServicesNYSE:ZIMView All CompetitorsInstitutional OwnershipBank of New York Mellon CorpSold 73,410 shares on 7/26/2024Ownership: 0.138%Allspring Global Investments Holdings LLCBought 17,350 shares on 7/26/2024Ownership: 0.049%SummerHaven Investment Management LLCBought 990 shares on 7/24/2024Ownership: 0.063%Summit Global InvestmentsSold 1,907 shares on 7/22/2024Ownership: 0.041%Veracity Capital LLCBought 16,740 shares on 7/22/2024Ownership: 0.014%View All Institutional Transactions CMRE Stock Analysis - Frequently Asked Questions How have CMRE shares performed this year? Costamare's stock was trading at $10.41 on January 1st, 2024. Since then, CMRE shares have increased by 35.5% and is now trading at $14.1050. View the best growth stocks for 2024 here. How were Costamare's earnings last quarter? Costamare Inc. (NYSE:CMRE) posted its quarterly earnings results on Friday, May, 10th. The shipping company reported $0.63 earnings per share for the quarter, topping analysts' consensus estimates of $0.60 by $0.03. The shipping company had revenue of $475.43 million for the quarter, compared to analysts' expectations of $383.32 million. Costamare had a trailing twelve-month return on equity of 12.61% and a net margin of 19.26%. Who are Costamare's major shareholders? Top institutional investors of Costamare include Bank of New York Mellon Corp (0.14%), SG Americas Securities LLC (0.10%), Unison Advisors LLC (0.07%) and SummerHaven Investment Management LLC (0.06%). How do I buy shares of Costamare? 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. Compare Top Brokerages Here. What other stocks do shareholders of Costamare own? Based on aggregate information from My MarketBeat watchlists, some other companies that Costamare investors own include Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW), AT&T (T), Enterprise Products Partners (EPD), Wells Fargo & Company (WFC), Annaly Capital Management (NLY) and Textainer Group (TGH). This page (NYSE:CMRE) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. And the real wealth has still to be made…Porter & Company | SponsoredNEW AI developed by trader who won 1,129% (in 2 days)Earlier this year one legendary trader captured a 1,129% win (in just 2 days) ... LIVE in front of thousands o...Monument Traders Alliance | SponsoredBreaking News: Elon Musk Invents New Type of A.I. (Shocking)Could Elon's New Device be Bigger than the iPhone? According to 30-year Silicon Valley and Wall Street vete...InvestorPlace | SponsoredTim Sykes’ Urgent Trade Alert: “Make this move now”WARNING: 80 Wall Street banks are gearing up for MASSIVE D.C. shock (June 12) This $2 trillion D.C. shock i...Timothy Sykes | SponsoredGrab a pen and write down this ticker - here's whyA megatrend now poised to mint a brand-new wave of millionaires right here in America. And today, self-made...StocksToTrade | SponsoredBrace Yourself: Experts calling for Bitcoin to hit $100kFor the past few months, Bitcoin has been trading flat… It's been stuck around the $60,000 to $72,000 range...Crypto 101 Media | Sponsored Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Costamare Inc. Please log in to your account or sign up in order to add this asset to your watchlist. Share Costamare With A Colleague Link copied to clipboard. Get 30 Days of MarketBeat All Access for Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools. Start Your 30-Day Trial MarketBeat All Access Features Best-in-Class Portfolio Monitoring Get personalized stock ideas. Compare portfolio to indices. Check stock news, ratings, SEC filings, and more. Stock Ideas and Recommendations See daily stock ideas from top analysts. Receive short-term trading ideas from MarketBeat. Identify trending stocks on social media. Advanced Stock Screeners and Research Tools Use our seven stock screeners to find suitable stocks. Stay informed with MarketBeat's real-time news. Export data to Excel for personal analysis. Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required Log In or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
