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Costamare (CMRE) Stock Price, News & Analysis

+0.14 (+0.95%)
(As of 11:39 AM ET)
Today's Range
50-Day Range
52-Week Range
135,183 shs
Average Volume
463,364 shs
Market Capitalization
$1.75 billion
P/E Ratio
Dividend Yield
Price Target

Costamare MarketRank™ Stock Analysis

Analyst Rating
2.33 Rating Score
20.9% Downside
$11.67 Price Target
Short Interest
3.20% of Float Sold Short
Dividend Strength
Based on Four Factors
News Sentiment
0.64mentions of Costamare in the last 14 days
Based on 5 Articles This Week
Insider Trading
Proj. Earnings Growth
From $3.08 to $2.87 Per Share

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.

2.21 out of 5 stars

Transportation Sector

89th out of 114 stocks

Deep Sea Foreign Transportation Of Freight Industry

24th out of 27 stocks

CMRE stock logo

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.

CMRE Stock Price History

CMRE Stock News Headlines

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Costamare (NYSE:CMRE) Downgraded by
Costamare (NYSE:CMRE) Price Target Raised to $12.00
Costamare: Q1 Earnings Snapshot
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Returns Are Gaining Momentum At Costamare (NYSE:CMRE)
Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115
See More Headlines
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Company Calendar

Last Earnings
Ex-Dividend for 5/6 Dividend
Dividend Payable
Next Earnings (Estimated)
Fiscal Year End

Industry, Sector and Symbol

Deep sea foreign transportation of freight
Year Founded

Price Target and Rating

Average Stock Price Target
High Stock Price Target
Low Stock Price Target
Potential Upside/Downside
Consensus Rating
Rating Score (0-4)
Research Coverage
3 Analysts


Net Income
$385.75 million
Pretax Margin


Sales & Book Value

Annual Sales
$1.51 billion
Cash Flow
$4.14 per share
Book Value
$21.51 per share


Free Float
Market Cap
$1.73 billion

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CMRE Stock Analysis - Frequently Asked Questions

Should I buy or sell Costamare stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Costamare in the last year. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" CMRE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMRE, but not buy additional shares or sell existing shares.
View CMRE analyst ratings
or view top-rated stocks.

What is Costamare's stock price target for 2024?

3 Wall Street analysts have issued twelve-month target prices for Costamare's stock. Their CMRE share price targets range from $11.00 to $12.00. On average, they predict the company's stock price to reach $11.67 in the next year. This suggests that the stock has a possible downside of 20.9%.
View analysts price targets for CMRE
or view top-rated stocks among Wall Street analysts.

How have CMRE shares performed in 2024?

Costamare's stock was trading at $10.41 at the beginning of 2024. Since then, CMRE stock has increased by 41.7% and is now trading at $14.75.
View the best growth stocks for 2024 here

Are investors shorting Costamare?

Costamare saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,390,000 shares, an increase of 12.1% from the April 15th total of 1,240,000 shares. Based on an average daily trading volume, of 405,200 shares, the short-interest ratio is presently 3.4 days. Currently, 3.2% of the company's shares are short sold.
View Costamare's Short Interest

When is Costamare's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024.
View our CMRE earnings forecast

How were Costamare's earnings last quarter?

Costamare Inc. (NYSE:CMRE) announced its earnings results on Wednesday, February, 7th. The shipping company reported $0.68 EPS for the quarter, beating the consensus estimate of $0.62 by $0.06. The shipping company had revenue of $494.85 million for the quarter, compared to analyst estimates of $419 million. Costamare had a trailing twelve-month return on equity of 12.61% and a net margin of 19.26%. During the same period last year, the company earned $0.61 earnings per share.

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

Costamare announced a quarterly dividend on Tuesday, April 2nd. Stockholders of record on Friday, April 19th will be given a dividend of $0.115 per share on Monday, May 6th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 3.12%. The ex-dividend date of this dividend is Thursday, April 18th.
Read our dividend analysis for CMRE

Is Costamare a good dividend stock?

Costamare (NYSE:CMRE) pays an annual dividend of $0.46 per share and currently has a dividend yield of 3.14%. The dividend payout ratio is 17.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMRE will have a dividend payout ratio of 16.03% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMRE.

What ETFs hold Costamare's stock?

ETFs with the largest weight of Costamare (NYSE:CMRE) stock in their portfolio include SonicShares Global Shipping ETF (BOAT) and Roundhill Acquirers Deep Value ETF (DEEP).EA Bridgeway Omni Small-Cap Value ETF (BSVO).

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).

Who are Costamare's major shareholders?

Costamare's stock is owned by a variety of retail and institutional investors. Top institutional investors include Bridgeway Capital Management LLC (1.35%), Empowered Funds LLC (0.43%), Vanguard Group Inc. (0.27%), Los Angeles Capital Management LLC (0.19%), Russell Investments Group Ltd. (0.12%) and Acadian Asset Management LLC (0.09%).

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.

This page (NYSE:CMRE) was last updated on 5/23/2024 by Staff

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