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NYSE:CMRE - COSTAMARE INC/SH Stock Price, Forecast & News

$6.55
+0.13 (+2.02 %)
(As of 02/27/2020 05:51 AM ET)
Today's Range
$6.34
Now: $6.55
$6.62
50-Day Range
$6.42
MA: $8.42
$10.71
52-Week Range
$4.85
Now: $6.55
$10.85
Volume1.10 million shs
Average Volume847,459 shs
Market Capitalization$774.08 million
P/E Ratio11.29
Dividend Yield6.23%
Beta2.35
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.

Industry, Sector and Symbol

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

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$478.11 million
Cash Flow$2.24 per share
Book Value$11.94 per share

Profitability

Net Income$99 million

Miscellaneous

Employees1,680
Market Cap$774.08 million
Next Earnings Date4/27/2020 (Estimated)
OptionableOptionable

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

What is COSTAMARE INC/SH's stock symbol?

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

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

COSTAMARE INC/SH announced a quarterly dividend on Monday, January 6th. Investors of record on Tuesday, January 21st will be given a dividend of $0.10 per share on Wednesday, February 5th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 6.11%. The ex-dividend date is Friday, January 17th. View COSTAMARE INC/SH's Dividend History.

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

COSTAMARE INC/SH (NYSE:CMRE) posted its quarterly earnings data on Tuesday, January, 28th. The shipping company reported $0.32 EPS for the quarter, topping the Zacks' consensus estimate of $0.28 by $0.04. The shipping company had revenue of $128.52 million for the quarter, compared to the consensus estimate of $124.47 million. COSTAMARE INC/SH had a net margin of 20.71% and a return on equity of 10.23%. The firm's quarterly revenue was up 23.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.12 earnings per share. View COSTAMARE INC/SH's Earnings History.

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

COSTAMARE INC/SH is scheduled to release their next quarterly earnings announcement on Monday, April 27th 2020. View Earnings Estimates for COSTAMARE INC/SH.

What price target have analysts set for CMRE?

1 analysts have issued 12-month price objectives for COSTAMARE INC/SH's shares. Their forecasts range from $7.50 to $7.50. On average, they expect COSTAMARE INC/SH's stock price to reach $7.50 in the next year. This suggests a possible upside of 14.5% from the stock's current price. View Analyst Price Targets for COSTAMARE INC/SH.

What is the consensus analysts' recommendation for COSTAMARE INC/SH?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for COSTAMARE INC/SH in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View Analyst Ratings for COSTAMARE INC/SH.

Has COSTAMARE INC/SH been receiving favorable news coverage?

Media coverage about CMRE stock has trended somewhat negative recently, InfoTrie Sentiment reports. The research group scores the sentiment of press coverage by analyzing more than six thousand news and blog sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. COSTAMARE INC/SH earned a news sentiment score of -1.0 on InfoTrie's scale. They also assigned news articles about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an impact on the company's share price in the near term. View News Stories for COSTAMARE INC/SH.

Are investors shorting COSTAMARE INC/SH?

COSTAMARE INC/SH saw a increase in short interest in the month of February. As of February 14th, there was short interest totalling 2,690,000 shares, an increase of 14.0% from the January 30th total of 2,360,000 shares. Based on an average trading volume of 977,900 shares, the days-to-cover ratio is currently 2.8 days. Currently, 5.4% of the company's stock are short sold. View COSTAMARE INC/SH's Current Options Chain.

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), Textainer Group (TGH), Verizon Communications (VZ), AT&T (T), Energy Transfer LP Unit (ET), Advanced Micro Devices (AMD), ARBOR RLTY TR I/SH (ABR), Alibaba Group (BABA) and General Electric (GE).

Who are COSTAMARE INC/SH's key executives?

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

Who are COSTAMARE INC/SH's major shareholders?

COSTAMARE INC/SH's stock is owned by a number of of retail and institutional investors. Top institutional investors include Renaissance Technologies LLC (2.88%), State Street Corp (0.77%), Prudential Financial Inc. (0.61%), Charles Schwab Investment Management Inc. (0.55%), Goldman Sachs Group Inc. (0.36%) and Geode Capital Management LLC (0.35%).

Which major investors are selling COSTAMARE INC/SH stock?

CMRE stock was sold by a variety of institutional investors in the last quarter, including Marshall Wace LLP, Schroder Investment Management Group, Denali Advisors LLC, Alliancebernstein L.P., Strs Ohio, Cullen Frost Bankers Inc., Sei Investments Co. and Barnett & Company Inc..

Which major investors are buying COSTAMARE INC/SH stock?

CMRE stock was purchased by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Goldman Sachs Group Inc., Acadian Asset Management LLC, Oxford Asset Management LLP, Navellier & Associates Inc, Algert Global LLC, Geode Capital Management LLC and Bowling Portfolio Management LLC.

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 $6.55.

How big of a company is COSTAMARE INC/SH?

COSTAMARE INC/SH has a market capitalization of $774.08 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.View Additional Information About COSTAMARE INC/SH.

What is COSTAMARE INC/SH's official website?

The official website for COSTAMARE INC/SH is http://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]


MarketBeat Community Rating for COSTAMARE INC/SH (NYSE CMRE)

Community Ranking:  1.8 out of 5 (star)
Outperform Votes:  295 (Vote Outperform)
Underperform Votes:  515 (Vote Underperform)
Total Votes:  810
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.
This page was last updated on 2/27/2020 by MarketBeat.com Staff

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