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About Costamare (NYSE:CMRE)
Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 23, 2018, it had a fleet of 71 containerships with a total capacity of approximately 466,000 twenty foot equivalent unit (TEU), including 64 vessels in the water, aggregating approximately 462,000 TEU; and 1 new build vessel of 3,800 TEU. The company was founded in 1974 and is based in Monaco.
Industry, Sector and Symbol
Industry Deep sea foreign transportation of freight
Trailing P/E Ratio9.79
Forward P/E Ratio15.75
Sales & Book Value
Annual Sales$412.43 million
Price / Sales2.00
Cash Flow$1.9188 per share
Price / Cash3.94
Book Value$11.26 per share
Price / Book0.67
EPS (Most Recent Fiscal Year)$0.77
Net Income$72.87 million
Return on Equity6.32%
Return on Assets3.11%
Costamare (NYSE:CMRE) Frequently Asked Questions
What is Costamare's stock symbol?
Costamare trades on the New York Stock Exchange (NYSE) under the ticker symbol "CMRE."
How often does Costamare pay dividends? What is the dividend yield for Costamare?
Costamare declared a quarterly dividend on Tuesday, April 3rd. Stockholders of record on Friday, April 20th will be paid a dividend of $0.10 per share on Tuesday, May 8th. This represents a $0.40 annualized dividend and a dividend yield of 5.29%. The ex-dividend date is Thursday, April 19th. View Costamare's Dividend History.
How were Costamare's earnings last quarter?
Costamare (NYSE:CMRE) released its earnings results on Tuesday, May, 1st. The shipping company reported $0.12 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.12. The shipping company earned $92.75 million during the quarter, compared to the consensus estimate of $90.88 million. Costamare had a return on equity of 6.32% and a net margin of 17.27%. The company's quarterly revenue was down 12.1% on a year-over-year basis. During the same quarter last year, the company posted $0.23 EPS. View Costamare's Earnings History.
When is Costamare's next earnings date?
What price target have analysts set for CMRE?
2 brokers have issued twelve-month price targets for Costamare's stock. Their forecasts range from $7.00 to $7.00. On average, they anticipate Costamare's stock price to reach $7.00 in the next year. View Analyst Ratings for Costamare.
Who are some of Costamare's key competitors?
Some companies that are related to Costamare include Ship Finance International (SFL), Euronav (EURN), Pacific Basin Ship (PCFBY), Seaspan (SSW), Seacor (CKH), Scorpio Tankers (STNG), Star Bulk Carriers (SBLK), Teekay (TK), Frontline (FRO), Navigator (NVGS), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Double Hull Tankers (DHT), General Maritime (GNRT) and SEACOR Marine (SMHI).
Who are Costamare's key executives?
Costamare's management team includes the folowing people:
- Mr. Konstantinos Konstantakopoulos, Chairman & CEO (Age 49)
- Mr. Gregory G. Zikos, CFO & Director (Age 49)
- Mr. Anastassios Gabrielides, Gen. Counsel & Sec. (Age 53)
Has Costamare been receiving favorable news coverage?
Headlines about CMRE stock have been trending somewhat positive recently, according to Accern. The research firm rates the sentiment of press coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Costamare earned a media sentiment score of 0.09 on Accern's scale. They also gave media coverage about the shipping company an impact score of 46.42 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next few days.
Who are Costamare's major shareholders?
Costamare's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (2.85%), JPMorgan Chase & Co. (2.26%), BlackRock Inc. (2.24%), Global X Management Co. LLC (1.40%), Wells Fargo & Company MN (0.62%) and Prudential Financial Inc. (0.43%). View Institutional Ownership Trends for Costamare.
Which major investors are selling Costamare stock?
CMRE stock was sold by a variety of institutional investors in the last quarter, including Algert Global LLC, American Century Companies Inc., JPMorgan Chase & Co., Global X Management Co. LLC, Systematic Financial Management LP, BlackRock Inc. and Citigroup Inc.. View Insider Buying and Selling for Costamare.
Which major investors are buying Costamare stock?
CMRE stock was bought by a variety of institutional investors in the last quarter, including Dimensional Fund Advisors LP, Wells Fargo & Company MN, Thrivent Financial for Lutherans, PARK CIRCLE Co, Cullen Frost Bankers Inc., SG Americas Securities LLC, Fisher Asset Management LLC and Element Capital Management LLC. View Insider Buying and Selling for Costamare.
How do I buy shares of Costamare?
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, Scottrade, Fidelity and Charles Schwab.
What is Costamare's stock price today?
One share of CMRE stock can currently be purchased for approximately $7.56.
How big of a company is Costamare?
Costamare has a market capitalization of $810.22 million and generates $412.43 million in revenue each year. The shipping company earns $72.87 million in net income (profit) each year or $0.77 on an earnings per share basis.
How can I contact Costamare?
Costamare'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]
MarketBeat Community Rating for Costamare (CMRE)MarketBeat's community ratings are surveys of what our community members think about Costamare 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.
Costamare (NYSE:CMRE) Dividend Information
Costamare pays an annual dividend of $0.40 per share, with a dividend yield of 5.29%. CMRE's most recent quarterly dividend payment was Tuesday, May 8. Costamare pays out 51.95% of its earnings out as a dividend.
|Most Recent Dividend:||5/8/2018|
|Dividend Growth:||-28.80% (3 Year Average)|
|Payout Ratio(s):||51.95% (Trailing 12 Months of Earnings) |
83.33% (Based on This Year's Estimates)
41.67% (Based on Next Year's Estimates)
20.85% (Based on Cash Flow)
Costamare (NYSE:CMRE) Dividend History by Quarter
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Costamare (NYSE CMRE) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 24.68%
Costamare (NYSE CMRE) Insider Trading History
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Shares Held After Transaction||Details|
Costamare (NYSE CMRE) News Headlines
Costamare (NYSE:CMRE) SEC Filings
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Costamare (NYSE:CMRE) Income Statement, Balance Sheet and Cash Flow Statement
Costamare (NYSE CMRE) Stock Chart for Tuesday, May, 22, 2018