NYSE:CMRE

Costamare Stock Forecast, Price & News

$11.69
-0.24 (-2.01 %)
(As of 06/18/2021 12:00 AM ET)
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Today's Range
$11.52
$11.92
50-Day Range
$9.41
$12.29
52-Week Range
$4.48
$12.63
Volume834,000 shs
Average Volume678,513 shs
Market Capitalization$1.43 billion
P/E Ratio129.90
Dividend Yield3.42%
Beta1.73
30 days | 90 days | 365 days | Advanced Chart
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Costamare logo

About Costamare

Costamare Inc. owns and charters containerships to liner companies worldwide. As of June 14, 2021, it had a fleet of 81 containerships with a total capacity of approximately 581,000 twenty foot equivalent units and 16 dry bulk vessels with a total capacity of approximately 932,000 DWT. The company was founded in 1974 and is based in Monaco.

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MarketRank

Overall MarketRank

1.41 out of 5 stars

Transportation Sector

87th out of 248 stocks

Deep Sea Foreign Transportation Of Freight Industry

20th out of 55 stocks

Analyst Opinion: 1.5Community Rank: 1.8Dividend Strength: 2.5Insider Behavior: 0.0Valuation: 1.3 5 -4 -3 -2 -1 -
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Costamare (NYSE:CMRE) Frequently Asked Questions

Is Costamare a buy right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Costamare in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" Costamare stock.
View analyst ratings for Costamare
or view top-rated stocks.

What stocks does MarketBeat like better than Costamare?

Wall Street analysts have given Costamare a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Costamare wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Costamare's next earnings date?

Costamare is scheduled to release its next quarterly earnings announcement on Monday, July 26th 2021.
View our earnings forecast for Costamare
.

How were Costamare's earnings last quarter?

Costamare Inc. (NYSE:CMRE) posted its earnings results on Monday, May, 31st. The shipping company reported $0.31 EPS for the quarter, beating the Zacks' consensus estimate of $0.30 by $0.01. Costamare had a trailing twelve-month return on equity of 11.82% and a net margin of 9.50%.
View Costamare's earnings history
.

How has Costamare's stock price been impacted by COVID-19?

Costamare's stock was trading at $5.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, CMRE shares have increased by 108.4% and is now trading at $11.69.
View which stocks have been most impacted by COVID-19
.

How often does Costamare pay dividends? What is the dividend yield for Costamare?

Costamare announced a quarterly dividend on Friday, April 2nd. Investors of record on Tuesday, April 20th will be paid a dividend of $0.10 per share on Thursday, May 6th. This represents a $0.40 dividend on an annualized basis and a yield of 3.42%. The ex-dividend date is Monday, April 19th.
View Costamare's dividend history
.

Is Costamare a good dividend stock?

Costamare pays an annual dividend of $0.40 per share and currently has a dividend yield of 3.42%. Costamare does not yet have a strong track record of dividend growth. The dividend payout ratio of Costamare is 39.22%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Costamare will have a dividend payout ratio of 16.95% next year. This indicates that Costamare will be able to sustain or increase its dividend.
View Costamare's dividend history.

What price target have analysts set for CMRE?

3 analysts have issued twelve-month target prices for Costamare's stock. Their forecasts range from $9.50 to $14.50. On average, they anticipate Costamare's stock price to reach $12.83 in the next year. This suggests a possible upside of 9.8% from the stock's current price.
View analysts' price targets for Costamare
or view top-rated stocks among Wall Street analysts.

Who are Costamare's key executives?

Costamare's management team includes the following people:
  • Mr. Konstantinos Konstantakopoulos, Chairman & CEO (Age 52)
  • Mr. Gregory G. Zikos, CFO & Director (Age 52)
  • Mr. Anastassios Gabrielides, Gen. Counsel & Sec. (Age 56)

Who are some of Costamare's key competitors?

What other stocks do shareholders of Costamare own?

Based on aggregate information from My MarketBeat watchlists, some companies that other 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), Textainer Group (TGH), Energy Transfer (ET), AGNC Investment (AGNC) and DHT (DHT).

What is Costamare's stock symbol?

Costamare trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMRE."

Who are Costamare's major shareholders?

Costamare's stock is owned by many different retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (4.56%), BlackRock Inc. (2.31%), Renaissance Technologies LLC (2.09%), Morgan Stanley (1.41%), Goldman Sachs Group Inc. (1.14%) and JPMorgan Chase & Co. (0.92%).

Which major investors are selling Costamare stock?

CMRE stock was sold by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Man Group plc, Northern Trust Corp, Prudential Financial Inc., Vanguard Capital Wealth Advisors, Barclays PLC, Paloma Partners Management Co, and Alliancebernstein L.P..

Which major investors are buying Costamare stock?

CMRE stock was bought by a variety of institutional investors in the last quarter, including Goldman Sachs Group Inc., Morgan Stanley, JPMorgan Chase & Co., Stifel Financial Corp, Nuveen Asset Management LLC, Millennium Management LLC, Beach Investment Counsel Inc. PA, and Allianz Asset Management GmbH.

How do I buy shares of Costamare?

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

What is Costamare's stock price today?

One share of CMRE stock can currently be purchased for approximately $11.69.

How much money does Costamare make?

Costamare has a market capitalization of $1.43 billion and generates $460.32 million in revenue each year. The shipping company earns $8.88 million in net income (profit) each year or $1.02 on an earnings per share basis.

How many employees does Costamare have?

Costamare employs 1,704 workers across the globe.

When was Costamare founded?

Costamare was founded in 1974.

What is Costamare's official website?

The official website for Costamare is www.costamare.com.

Where are Costamare's headquarters?

Costamare is headquartered at 7 RUE DU GABIAN, MONACO O9, MC98000.

How can I contact Costamare?

Costamare's mailing address is 7 RUE DU GABIAN, MONACO O9, MC98000. The shipping company can be reached via phone at (779) 798-3090 or via email at [email protected]


This page was last updated on 6/21/2021 by MarketBeat.com Staff
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