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PYPL   73.21 (+0.30%)
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QQQ   305.97 (+0.35%)
AAPL   157.40 (+1.55%)
MSFT   272.23 (-2.58%)
META   197.81 (+1.12%)
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NVDA   259.00 (+0.68%)
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BABA   81.00 (-0.82%)
AMD   96.81 (-1.05%)
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MU   57.64 (+1.73%)
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GE   89.92 (-0.41%)
DIS   94.22 (+1.09%)
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PYPL   73.21 (+0.30%)
NFLX   305.13 (+0.54%)
QQQ   305.97 (+0.35%)
AAPL   157.40 (+1.55%)
MSFT   272.23 (-2.58%)
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GOOGL   101.22 (-0.39%)
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TSLA   183.25 (+1.73%)
NVDA   259.00 (+0.68%)
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BABA   81.00 (-0.82%)
AMD   96.81 (-1.05%)
T   18.49 (+1.99%)
F   11.18 (-1.06%)
MU   57.64 (+1.73%)
CGC   1.86 (-7.00%)
GE   89.92 (-0.41%)
DIS   94.22 (+1.09%)
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PFE   40.81 (+1.77%)
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NYSE:CMRE

Costamare - CMRE Stock Forecast, Price & News

$9.05
-0.03 (-0.33%)
(As of 03/20/2023 12:00 AM ET)
Add
Compare
Today's Range
$9.02
$9.20
50-Day Range
$9.05
$10.70
52-Week Range
$8.55
$18.01
Volume
625,225 shs
Average Volume
637,438 shs
Market Capitalization
$1.10 billion
P/E Ratio
2.12
Dividend Yield
5.08%
Price Target
$13.00

Costamare MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
43.6% Upside
$13.00 Price Target
Short Interest
Healthy
3.53% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
N/A
News Sentiment
0.23mentions of Costamare in the last 14 days
Based on 2 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
9.09%
From $3.52 to $3.84 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

3.21 out of 5 stars

Transportation Sector

3rd out of 122 stocks

Deep Sea Foreign Transportation Of Freight Industry

2nd out of 29 stocks


CMRE stock logo

About Costamare (NYSE:CMRE) Stock

Costamare, Inc. is a holding company, which engages in the provision of containerships chartering. It operates through the following segments: Container Vessels, Dry Bulk Vessels, and Other. The Container Vessels segment consists of transportation of containerized products through ownership and trading of container vessels. The Dry Bulk Vessels segment includes dry bulk commodities transportation services. The company was founded by Konstantinos Vasileios Konstantakopoulos in 1974 and is headquartered in Monaco.

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CMRE Stock News Headlines

Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Costamare (NYSE:CMRE) Upgraded to Buy by StockNews.com
Preview: Costamare's Earnings
Preview: Costamare's Earnings
Buy THIS stock before Taiwan is attacked
... If the United States goes to war with another nuclear armed superpower, this could have a devastating impact on your retirement portfolio. Now, even Taiwan's own foreign minister is saying that China is on the cusp of a full scale invasion. But the good news is, if China invades Taiwan, there is a way to protect yourself.
Jefferies Reaffirms Their Buy Rating on Costamare (CMRE)
Costamare (CMRE) Misses Q4 Earnings and Revenue Estimates
Costamare Q4 2022 Earnings Preview
Costamare (CMRE) to Report Q4 Earnings: What's in Store?
Is Trending Stock Costamare Inc. (CMRE) a Buy Now?
Costamare Glides On Charter Durations
See More Headlines
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CMRE Company Calendar

Last Earnings
10/26/2021
Ex-Dividend for 2/7 Dividend
1/19/2023
Dividend Payable
2/07/2023
Today
3/20/2023
Next Earnings (Estimated)
5/04/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Deep sea foreign transportation of freight
Sub-Industry
N/A
Employees
2,750
Year Founded
1974

Price Target and Rating

Average Stock Price Forecast
$13.00
High Stock Price Forecast
$15.00
Low Stock Price Forecast
$11.00
Forecasted Upside/Downside
+43.2%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$554.96 million
Pretax Margin
49.80%

Debt

Sales & Book Value

Annual Sales
$1.11 billion
Cash Flow
$5.07 per share
Book Value
$17.74 per share

Miscellaneous

Free Float
93,369,000
Market Cap
$1.10 billion
Optionable
Optionable
Beta
1.38

Social Links


Key Executives

  • Konstantinos Vasileios Konstantakopoulos
    Chairman & Chief Executive Officer
  • Gregory G. Zikos
    Chief Financial Officer & Director
  • Anastassios Gabrielides
    Secretary & General Counsel













CMRE Stock - 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 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" CMRE shares.
View CMRE analyst ratings
or view top-rated stocks.

What is Costamare's stock price forecast for 2023?

3 brokers have issued 12-month price targets for Costamare's stock. Their CMRE share price forecasts range from $11.00 to $15.00. On average, they predict the company's stock price to reach $13.00 in the next twelve months. This suggests a possible upside of 42.9% from the stock's current price.
View analysts price targets for CMRE
or view top-rated stocks among Wall Street analysts.

How have CMRE shares performed in 2023?

Costamare's stock was trading at $9.28 at the beginning of 2023. Since then, CMRE shares have decreased by 1.9% and is now trading at $9.10.
View the best growth stocks for 2023 here
.

Are investors shorting Costamare?

Costamare saw a decline in short interest during the month of February. As of February 28th, there was short interest totaling 1,690,000 shares, a decline of 15.5% from the February 13th total of 2,000,000 shares. Based on an average daily volume of 589,100 shares, the short-interest ratio is presently 2.9 days. Currently, 3.5% of the company's stock 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 Thursday, May 4th 2023.
View our CMRE earnings forecast
.

How were Costamare's earnings last quarter?

Costamare Inc. (NYSE:CMRE) issued its earnings results on Tuesday, October, 26th. The shipping company reported $0.66 EPS for the quarter, missing analysts' consensus estimates of $0.76 by $0.10. The shipping company had revenue of $216.23 million for the quarter, compared to analysts' expectations of $228.60 million. Costamare had a trailing twelve-month return on equity of 21.81% and a net margin of 49.82%. During the same period last year, the firm earned $0.22 EPS.

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

Costamare announced a quarterly dividend on Tuesday, January 3rd. Shareholders of record on Friday, January 20th will be given a dividend of $0.115 per share on Tuesday, February 7th. This represents a $0.46 dividend on an annualized basis and a dividend yield of 5.05%. The ex-dividend date is Thursday, January 19th.
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).Pacer Industrials and Logistics ETF (SHPP).

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 5.07%. CMRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 10.77%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMRE will have a dividend payout ratio of 11.98% next year. This indicates that the company will be able to sustain or increase its dividend.
Read our dividend analysis for CMRE.

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 a variety of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.04%), Renaissance Technologies LLC (1.82%), Horizon Kinetics Asset Management LLC (1.74%), Morgan Stanley (1.53%), American Century Companies Inc. (0.54%) and Geode Capital Management LLC (0.39%).

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 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 $9.10.

How much money does Costamare make?

Costamare (NYSE:CMRE) has a market capitalization of $1.11 billion and generates $1.11 billion in revenue each year. The shipping company earns $554.96 million in net income (profit) each year or $4.27 on an earnings per share basis.

How many employees does Costamare have?

The company employs 2,750 workers across the globe.

How can I contact Costamare?

Costamare's mailing address is 7 RUE DU GABIAN, MONACO O9, MC98000. The official website for the company is www.costamare.com. The shipping company can be reached via phone at (779) 325-0940, via email at ir@costamare.com, or via fax at 377-9325-0942.

This page (NYSE:CMRE) was last updated on 3/20/2023 by MarketBeat.com Staff