NYSE:CMRE COSTAMARE INC/SH Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding COSTAMARE INC/SH Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $5.95 +0.11 (+1.88 %) (As of 09/18/2020 12:00 AM ET) Add Compare Share Today's Range$5.73Now: $5.95▼$6.0750-Day Range$4.55MA: $5.09▼$5.9452-Week Range$3.16Now: $5.95▼$10.85Volume970,776 shsAverage Volume824,567 shsMarket Capitalization$722.00 millionP/E RatioN/ADividend Yield6.85%Beta2 ProfileAnalyst RatingsChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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 Beat the Market (BTM) Rank™ 3.0 Analyst's Opinion Consensus RatingCOSTAMARE INC/SH has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on 1 buy rating, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.75, COSTAMARE INC/SH has a forecasted upside of 30.3% from its current price of $5.95.Amount of Analyst CoverageCOSTAMARE INC/SH has only been the subject of 1 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesCOSTAMARE INC/SH has received 302 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCOSTAMARE INC/SH has received 539 “underperform” votes. (Add your “underperform” vote.)Community SentimentCOSTAMARE INC/SH has received 64.09% “underperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about COSTAMARE INC/SH and other stocks. Vote “Outperform” if you believe CMRE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CMRE will underperform the S&P 500 over the long term. You may vote once every thirty days. Previous Next 3.3 Dividend Strength Dividend LeadershipCOSTAMARE INC/SH is a leading dividend payer. It pays a dividend yield of 6.85%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCOSTAMARE INC/SH has only been increasing its dividend for 1 years.Dividend CoverageThe dividend payout ratio of COSTAMARE INC/SH is 43.96%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, COSTAMARE INC/SH will have a dividend payout ratio of 39.60% next year. This indicates that COSTAMARE INC/SH will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, COSTAMARE INC/SH insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 27.46% of the stock of COSTAMARE INC/SH is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for COSTAMARE INC/SH are expected to decrease by -1.94% in the coming year, from $1.03 to $1.01 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of COSTAMARE INC/SH is -594.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of COSTAMARE INC/SH is -594.41, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioCOSTAMARE INC/SH has a P/B Ratio of 0.50. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:CMRE Previous Symbol CUSIPN/A CIK1503584 Webwww.costamare.com Phone377-9325-0940Debt Debt-to-Equity Ratio0.97 Current Ratio0.95 Quick Ratio0.91Price-To-Earnings Trailing P/E RatioN/A Forward P/E Ratio5.78 P/E GrowthN/A Sales & Book Value Annual Sales$478.11 million Price / Sales1.51 Cash Flow$2.37 per share Price / Cash Flow2.51 Book Value$11.84 per share Price / Book0.50Profitability EPS (Most Recent Fiscal Year)$0.91 Net Income$99 million Net Margins5.90% Return on Equity11.79% Return on Assets5.49%Miscellaneous Employees1,680 Outstanding Shares121,345,000Market 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. 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? Some companies that are related to COSTAMARE INC/SH include Euronav (EURN), SEASPAN CORP/SH SH (SSW), Atlas (ATCO), Eagle Bulk Shipping (EGLE), Frontline (FRO), Ship Finance International (SFL), DHT (DHT), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Torm (TRMD), Navigator (NVGS), DryShips (DRYS) and Dorian LPG (LPG). View all 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 30 Days of MarketBeat All Access for $1.00 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 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. 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