Log in
NYSE:CMRE

COSTAMARE INC/SH Stock Forecast, Price & News

$5.95
+0.11 (+1.88 %)
(As of 09/18/2020 12:00 AM ET)
Add
Compare
Today's Range
$5.73
Now: $5.95
$6.07
50-Day Range
$4.55
MA: $5.09
$5.94
52-Week Range
$3.16
Now: $5.95
$10.85
Volume970,776 shs
Average Volume824,567 shs
Market Capitalization$722.00 million
P/E RatioN/A
Dividend Yield6.85%
Beta2
Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 27, 2019, it had a fleet of 78 containerships with a total capacity of approximately 548,000 twenty foot equivalent unit (TEU), including 73 vessels in the water, aggregating approximately 484,000 TEU; and 5 new build vessels of 64,000 TEU. The company was founded in 1974 and is based in Monaco.
Read More
COSTAMARE INC/SH logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.0Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.75 out of 5 stars


Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
CUSIPN/A
Phone377-9325-0940

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$478.11 million
Cash Flow$2.37 per share
Book Value$11.84 per share

Profitability

Net Income$99 million

Miscellaneous

Employees1,680
Market Cap$722.00 million
Next Earnings Date10/28/2020 (Estimated)
OptionableOptionable
$5.95
+0.11 (+1.88 %)
(As of 09/18/2020 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive CMRE News and Ratings via Email

Sign-up to receive the latest news and ratings for CMRE and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles











COSTAMARE INC/SH (NYSE:CMRE) Frequently Asked Questions

How has COSTAMARE INC/SH's stock price been impacted by COVID-19?

COSTAMARE INC/SH's stock was trading at $5.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMRE shares have increased by 6.1% and is now trading at $5.95.
View which stocks have been most impacted by COVID-19
.

Do Wall Street analysts recommend investors buy shares of 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
.

When is COSTAMARE INC/SH's next earnings date?

COSTAMARE INC/SH is scheduled to release its next quarterly earnings announcement on Wednesday, October 28th 2020.
View our earnings forecast for COSTAMARE INC/SH
.

How were COSTAMARE INC/SH's earnings last quarter?

COSTAMARE INC/SH (NYSE:CMRE) issued its quarterly earnings data on Monday, July, 27th. The shipping company reported $0.26 EPS for the quarter, topping the Thomson Reuters' consensus estimate of $0.24 by $0.02. The shipping company earned $111.87 million during the quarter, compared to analysts' expectations of $120.41 million. COSTAMARE INC/SH had a return on equity of 11.79% and a net margin of 5.90%.
View COSTAMARE INC/SH's earnings history
.

How often does COSTAMARE INC/SH pay dividends? What is the dividend yield for COSTAMARE INC/SH?

COSTAMARE INC/SH declared a quarterly dividend on Thursday, July 2nd. Shareholders of record on Wednesday, July 22nd will be given a dividend of $0.10 per share on Friday, August 7th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.72%. The ex-dividend date is Tuesday, July 21st.
View COSTAMARE INC/SH's dividend history
.

What price target have analysts set for CMRE?

2 analysts have issued 1 year price targets for COSTAMARE INC/SH's stock. Their forecasts range from $7.50 to $8.00. On average, they anticipate COSTAMARE INC/SH's stock price to reach $7.75 in the next twelve months. This suggests a possible upside of 30.3% from the stock's current price.
View analysts' price targets for COSTAMARE INC/SH
.

Are investors shorting COSTAMARE INC/SH?

COSTAMARE INC/SH saw a drop in short interest in August. As of August 31st, there was short interest totaling 1,890,000 shares, a drop of 20.3% from the August 15th total of 2,370,000 shares. Based on an average daily volume of 755,300 shares, the days-to-cover ratio is presently 2.5 days. Currently, 3.7% of the shares of the stock are short sold.
View COSTAMARE INC/SH's Short Interest
.

Who are some of COSTAMARE INC/SH's key competitors?

What other stocks do shareholders of COSTAMARE INC/SH own?

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), AT&T (T), Enterprise Products Partners (EPD), Wells Fargo & Company (WFC), Textainer Group (TGH), Energy Transfer LP Unit (ET), ANNALY CAP MGMT/SH (NLY), AbbVie (ABBV) and AGNC Investment (AGNC).

Who are COSTAMARE INC/SH's key executives?

COSTAMARE INC/SH's management team includes the following people:
  • Mr. Konstantinos Konstantakopoulos, Chairman & CEO (Age 50)
  • Mr. Gregory G. Zikos, CFO & Director (Age 50)
  • Mr. Anastassios Gabrielides, Gen. Counsel & Sec. (Age 54)

What is COSTAMARE INC/SH's stock symbol?

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

Who are COSTAMARE INC/SH's major shareholders?

COSTAMARE INC/SH's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Cape Ann Asset Management Ltd (2.60%), Prudential Financial Inc. (1.37%), Bridgeway Capital Management Inc. (0.70%), Goldman Sachs Group Inc. (0.48%), Globeflex Capital L P (0.45%) and Charles Schwab Investment Management Inc. (0.39%).

Which major investors are selling COSTAMARE INC/SH stock?

CMRE stock was sold by a variety of institutional investors in the last quarter, including Canada Pension Plan Investment Board, Navellier & Associates Inc, Charles Schwab Investment Management Inc., PDT Partners LLC, Globeflex Capital L P, Two Sigma Advisers LP, Bowling Portfolio Management LLC, and New York State Common Retirement Fund.

Which major investors are buying COSTAMARE INC/SH stock?

CMRE stock was bought by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Cape Ann Asset Management Ltd, Denali Advisors LLC, Goldman Sachs Group Inc., Bank of America Corp DE, Sei Investments Co., Ahrens Investment Partners LLC, and Bridgeway Capital Management Inc..

How do I buy shares of COSTAMARE INC/SH?

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.

What is COSTAMARE INC/SH's stock price today?

One share of CMRE stock can currently be purchased for approximately $5.95.

How big of a company is COSTAMARE INC/SH?

COSTAMARE INC/SH has a market capitalization of $722.00 million and generates $478.11 million in revenue each year. The shipping company earns $99 million in net income (profit) each year or $0.91 on an earnings per share basis. COSTAMARE INC/SH employs 1,680 workers across the globe.

What is COSTAMARE INC/SH's official website?

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

How can I contact COSTAMARE INC/SH?

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]

This page was last updated on 9/20/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.