NYSE:CMRE Costamare (CMRE) Stock Price, News & Analysis → They said crypto was dead. It went up 100X. (From InvestorPlace) (Ad) Free CMRE Stock Alerts $11.12 -0.05 (-0.45%) (As of 03/18/2024 ET) Add Compare Share Share Today's Range$11.04▼$11.2350-Day Range$10.28▼$11.5752-Week Range$7.71▼$11.85Volume305,942 shsAverage Volume494,620 shsMarket Capitalization$1.31 billionP/E Ratio3.77Dividend Yield4.14%Price Target$10.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Costamare alerts: Email Address Costamare MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside5.6% Downside$10.50 Price TargetShort InterestHealthy2.88% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment-0.13Based on 4 Articles This WeekInsider TradingN/AProj. Earnings Growth-5.13%From $2.73 to $2.59 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.1.87 out of 5 starsTransportation Sector97th out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry22nd out of 28 stocks 1.3 Analyst's Opinion Consensus RatingCostamare has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.50, Costamare has a forecasted downside of 5.6% from its current price of $11.12.Amount of Analyst CoverageCostamare has received no research coverage in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.88% of the float of Costamare has been sold short.Short Interest Ratio / Days to CoverCostamare has a short interest ratio ("days to cover") of 2.5, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Costamare has recently decreased by 0.76%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCostamare is a leading dividend payer. It pays a dividend yield of 4.11%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCostamare does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Costamare is 15.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Costamare will have a dividend payout ratio of 17.76% next year. This indicates that Costamare will be able to sustain or increase its 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 1.0 News and Social Media Coverage News SentimentCostamare has a news sentiment score of -0.13. 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 0.49 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Costamare this week, compared to 2 articles on an average week.Search InterestOnly 5 people have searched for CMRE on MarketBeat in the last 30 days. This is a decrease of 0% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Costamare to their MarketBeat watchlist in the last 30 days. This is a decrease of -57% compared to the previous 30 days. Previous Next 1.7 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 InstitutionsOnly 22.68% of the stock of Costamare is held by institutions. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Costamare are expected to decrease by -5.13% in the coming year, from $2.73 to $2.59 per share.Price to Earnings Ratio vs. the MarketThe 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 156.32.Price to Earnings Ratio vs. SectorThe 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 16.96.Price to Book Value per Share RatioCostamare has a P/B Ratio of 0.54. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Porter & CompanyMy next big prediction isn’t a predictionI believe this could change your life forever. I’m talking about transforming everything for you, financially. You see, a rare market anomaly has emerged that I believe is going to make some people very wealthy. Almost nobody in the mainstream media or Wall Street has connected the dots on what’s going on, but that ignorance won’t last for long. When they wake up to this situation, billions of dollars will flood in.Click here now to sign up About Costamare Stock (NYSE:CMRE)Costamare Inc. engages in owning and chartering containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 21, 2023, it had a fleet of fleet of 71 containerships and 45 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 HeadlinesMarch 19, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Share Price Crosses Above 200-Day Moving Average of $10.15March 18, 2024 | seekingalpha.comCostamare PFD E: No Obvious Credit Angle, No Obvious Duration AngleMarch 19, 2024 | Behind the Markets (Ad)The only AI company you should be looking atThis is the ONLY AI company you should be watching right now. No. It's not Nvidia, Intel, or Microsoft... It's a tiny biotech using proprietary AI to assist in new drug discovery at a rate 100,000 times faster than a human. This new drug discovery technique will change the market. And that's why they received a $50 million investment from an AI powerhouse.March 15, 2024 | wsj.comCostamare Inc.March 14, 2024 | americanbankingnews.comContrasting Costamare (NYSE:CMRE) & Caravelle International Group (NASDAQ:CACO)March 7, 2024 | investorplace.comWall Street's Best Kept Secrets: 7 Little-Known Stocks to LoveMarch 7, 2024 | seekingalpha.comCostamare: The Dry Bulk Sector, FCF Growth Make It CheapFebruary 27, 2024 | benzinga.comCostamare Stock (NYSE:CMRE), Quotes and News SummaryMarch 19, 2024 | Monument Traders Alliance (Ad)Make This $3 Trade the Instant the Opening Bell RingsSince the birth of Wall Street, one simple rule has remained the same.... Buy stocks that are cheap....When they’re on sale…. And when nobody else is looking…February 24, 2024 | msn.comCostamare (CMRE) Price Target Increased by 14.52% to 12.07February 22, 2024 | uk.finance.yahoo.comCMRE Mar 2024 12.000 putFebruary 16, 2024 | finance.yahoo.comCMRE Jun 2024 15.000 callFebruary 16, 2024 | finance.yahoo.comCMRE Jun 2024 8.000 putFebruary 15, 2024 | ca.finance.yahoo.comCMRE Feb 2024 9.000 callFebruary 12, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Hold Rating on Costamare (CMRE)February 10, 2024 | finance.yahoo.comCostamare Inc. (NYSE:CMRE) Q4 2023 Earnings Call TranscriptFebruary 9, 2024 | markets.businessinsider.comCostamare is about to announce its earnings — here's what to expectFebruary 7, 2024 | finance.yahoo.comCostamare (CMRE) Beats Q4 Earnings and Revenue EstimatesFebruary 6, 2024 | msn.comCostamare Q4 2023 Earnings PreviewFebruary 2, 2024 | finance.yahoo.comCostamare Inc. Sets The Date For Its Fourth Quarter 2023 Results Release, Conference Call And WebcastJanuary 31, 2024 | sg.news.yahoo.comMiddle East crisis: Lord Cameron back in region as US warns of 'sustained' reprisals for deadly drone strikeJanuary 30, 2024 | finance.yahoo.comAre Investors Undervaluing Costamare (CMRE) Right Now?January 4, 2024 | finance.yahoo.comCostamare's (NYSE:CMRE) 24% CAGR outpaced the company's earnings growth over the same five-year periodJanuary 2, 2024 | msn.comCostamare declares $0.115 dividendJanuary 1, 2024 | seekingalpha.comCostamare: Red Sea Challenges Equal Tailwinds Not Priced Into The Stock, BuyDecember 26, 2023 | finance.yahoo.comCostamare: A Strong Maritime Player With Financial ResiliencyNovember 23, 2023 | finance.yahoo.comCostamare Inc (LCM.MU)See 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 2/7 Dividend1/19/2024Last Earnings2/07/2024Dividend Payable2/07/2024Today3/19/2024Next Earnings (Estimated)5/20/2024Fiscal 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) 325-0940Fax377-9325-0942Employees2,700Year Founded1974Price Target and Rating Average Stock Price Target$10.50 High Stock Price Target$11.00 Low Stock Price Target$10.00 Potential Upside/Downside-5.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.95 Trailing P/E Ratio3.77 Forward P/E Ratio4.07 P/E GrowthN/ANet Income$385.75 million Net Margins25.26% Pretax Margin25.21% Return on Equity11.37% Return on Assets5.12% Debt Debt-to-Equity Ratio0.83 Current Ratio1.69 Quick Ratio1.59 Sales & Book Value Annual Sales$1.51 billion Price / Sales0.87 Cash Flow$3.94 per share Price / Cash Flow2.82 Book Value$20.73 per share Price / Book0.54Miscellaneous Outstanding Shares117,640,000Free Float90,349,000Market Cap$1.31 billion OptionableOptionable Beta1.39 Social Links The Next 7 Blockbuster Stocks for Growth InvestorsWondering what the next stocks will be that hit it big, with solid fundamentals? Click the link below to learn more about how your portfolio could bloom.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 CompetitorsNavios Maritime PartnersNYSE:NMMZIM Integrated Shipping ServicesNYSE:ZIMDorian LPGNYSE:LPGNavigatorNYSE:NVGSDHTNYSE:DHTView All CompetitorsInstitutional OwnershipVanguard Group Inc.Bought 29,586 shares on 3/11/2024Ownership: 0.241%American International Group Inc.Sold 1,088 shares on 2/28/2024Ownership: 0.020%Quarry LPBought 1,376 shares on 2/20/2024Ownership: 0.004%Nuveen Asset Management LLCSold 8,454 shares on 2/15/2024Ownership: 0.491%GTS Securities LLCBought 12,700 shares on 2/15/2024Ownership: 0.000%View All Institutional Transactions CMRE Stock Analysis - Frequently Asked Questions Should I buy or sell Costamare stock right now? 2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Costamare in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" CMRE shares. View CMRE analyst ratings or view top-rated stocks. What is Costamare's stock price target for 2024? 2 Wall Street analysts have issued 12 month price objectives for Costamare's stock. Their CMRE share price targets range from $10.00 to $11.00. On average, they expect the company's stock price to reach $10.50 in the next twelve months. This suggests that the stock has a possible downside of 5.6%. 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 6.8% and is now trading at $11.12. View the best growth stocks for 2024 here. Are investors shorting Costamare? Costamare saw a drop in short interest in the month of February. As of February 15th, there was short interest totaling 1,310,000 shares, a drop of 14.4% from the January 31st total of 1,530,000 shares. Based on an average trading volume of 505,500 shares, the short-interest ratio is presently 2.6 days. Approximately 2.9% of the shares of the company are sold short. View Costamare's Short Interest. When is Costamare's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Monday, May 20th 2024. View our CMRE earnings forecast. How were Costamare's earnings last quarter? Costamare Inc. (NYSE:CMRE) announced its quarterly earnings data on Wednesday, February, 7th. The shipping company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. The shipping company had revenue of $494.85 million for the quarter, compared to analysts' expectations of $419 million. Costamare had a trailing twelve-month return on equity of 11.37% and a net margin of 25.26%. During the same quarter last year, the company earned $0.61 EPS. How often does Costamare pay dividends? What is the dividend yield for Costamare? Costamare announced a quarterly dividend on Tuesday, January 2nd. Stockholders of record on Monday, January 22nd will be given a dividend of $0.115 per share on Wednesday, February 7th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 4.14%. The ex-dividend date is Friday, January 19th. 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 4.11%. CMRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 15.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMRE will have a dividend payout ratio of 17.76% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CMRE. What ETF holds Costamare's stock? SonicShares Global Shipping ETF holds 23,749 shares of CMRE stock, representing 1.37% of its portfolio. 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 many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.01%), Bridgeway Capital Management LLC (1.12%), Nuveen Asset Management LLC (0.49%), Simplex Trading LLC (0.00%), Charles Schwab Investment Management Inc. (0.40%) and Denali Advisors LLC (0.38%). 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 3/19/2024 by MarketBeat.com Staff From Our PartnersCentral Bank Gold Heist In ProgressColonial Metals8,788% Return Predicted For THIS Crypto (already up 40% in 6 months)Paradigm PressLike Tiny Crypto Retirement FundsCrypto 101 MediaMake This $3 Trade the Instant the Opening Bell RingsMonument Traders AllianceSHOCKING Footage From Tesla Gigafactory In Austin, TexasInvestorPlaceThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyThe world’s greatest investmentPorter & Companytop AI stock (it’s not MSFT, GOOGL, AMZN or AAPL)Traders Agency 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial 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: Your Password: or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Choose a Password: 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.