NYSE:CMRE - COSTAMARE INC/SH Stock Price, Forecast & News

COSTAMARE INC/SH trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMRE."

COSTAMARE INC/SH announced a quarterly dividend on Wednesday, October 2nd. Stockholders of record on Tuesday, October 22nd will be given a dividend of $0.10 per share on Thursday, November 7th. This represents a $0.40 annualized dividend and a dividend yield of 4.33%. The ex-dividend date is Monday, October 21st. View COSTAMARE INC/SH's Dividend History.

COSTAMARE INC/SH (NYSE:CMRE) announced its quarterly earnings data on Wednesday, October, 23rd. The shipping company reported $0.26 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.07. The shipping company earned $123.37 million during the quarter, compared to analyst estimates of $116.48 million. COSTAMARE INC/SH had a return on equity of 8.70% and a net margin of 18.02%. COSTAMARE INC/SH's revenue for the quarter was up 37.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.09 earnings per share. View COSTAMARE INC/SH's Earnings History.

COSTAMARE INC/SH is scheduled to release their next quarterly earnings announcement on Wednesday, January 22nd 2020. View Earnings Estimates for COSTAMARE INC/SH.

2 equities research analysts have issued 12-month price targets for COSTAMARE INC/SH's stock. Their forecasts range from $7.50 to $8.00. On average, they expect COSTAMARE INC/SH's share price to reach $7.75 in the next year. This suggests that the stock has a possible downside of 16.0%. View Analyst Price Targets for COSTAMARE INC/SH.

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for COSTAMARE INC/SH in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for COSTAMARE INC/SH.

Media coverage about CMRE stock has trended somewhat positive this week, InfoTrie Sentiment Analysis reports. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. COSTAMARE INC/SH earned a media sentiment score of 0.7 on InfoTrie's scale. They also assigned media headlines about the shipping company a news buzz of 3.0 out of 10, indicating that recent media coverage is unlikely to have an impact on the company's share price in the immediate future. View News Stories for COSTAMARE INC/SH.

COSTAMARE INC/SH saw a drop in short interest in November. As of November 29th, there was short interest totalling 1,120,000 shares, a drop of 13.2% from the November 14th total of 1,290,000 shares. Based on an average trading volume of 673,300 shares, the short-interest ratio is presently 1.7 days. Approximately 2.2% of the company's stock are short sold. View COSTAMARE INC/SH's Current Options Chain.

Some companies that are related to COSTAMARE INC/SH include SEASPAN CORP/SH SH (SSW), Euronav (EURN), Frontline (FRO), Scorpio Tankers (STNG), Ship Finance International (SFL), DHT (DHT), Star Bulk Carriers (SBLK), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK), DryShips (DRYS), Scorpio Bulkers (SALT) and Genco Shipping & Trading (GNK).

Based on aggregate information from My MarketBeat watchlists, some companies that other COSTAMARE INC/SH investors own include Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW), Textainer Group (TGH), iShares MSCI Brazil ETF (EWZ), AT&T (T), General Electric (GE), Energy Transfer LP Unit (ET), Advanced Micro Devices (AMD), Hawkins (HWKN) and Verizon Communications (VZ).

COSTAMARE INC/SH's stock is owned by many different of institutional and retail investors. Top institutional investors include State Street Corp (0.72%), Millennium Management LLC (0.70%), Denali Advisors LLC (0.30%), Strs Ohio (0.08%), Rhumbline Advisers (0.07%) and Russell Investments Group Ltd. (0.04%).

CMRE stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio, Barclays PLC, Cullen Frost Bankers Inc. and Voya Investment Management LLC.

CMRE stock was bought by a variety of institutional investors in the last quarter, including Millennium Management LLC, Denali Advisors LLC, Russell Investments Group Ltd., State Street Corp, California Public Employees Retirement System, Rhumbline Advisers and Commonwealth Equity Services LLC.

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

One share of CMRE stock can currently be purchased for approximately $9.23.

COSTAMARE INC/SH has a market capitalization of $1.09 billion and generates $380.40 million in revenue each year. The shipping company earns $81.70 million in net income (profit) each year or $0.42 on an earnings per share basis. COSTAMARE INC/SH employs 1,680 workers across the globe.View Additional Information About COSTAMARE INC/SH.

The official website for COSTAMARE INC/SH is http://www.costamare.com/.

COSTAMARE INC/SH's mailing address is 7 RUE DU GABIAN, MONACO O9, MC98000. The shipping company can be reached via phone at 377-9325-0940 or via email at [email protected]