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
Sub-IndustryN/A
SectorTransportation
SymbolNYSE:CMRE
CUSIPN/A
Phone377-9325-0940
Debt
Debt-to-Equity Ratio0.81%
Current Ratio0.82%
Quick Ratio0.78%
Price-To-Earnings
Trailing P/E Ratio9.10
Forward P/E Ratio10.16
P/E GrowthN/A
Sales & Book Value
Annual Sales$412.43 million
Price / Sales1.86
Cash Flow$1.8794 per share
Price / Cash3.73
Book Value$11.26 per share
Price / Book0.62
Profitability
EPS (Most Recent Fiscal Year)$0.77
Net Income$72.87 million
Net Margins17.67%
Return on Equity7.28%
Return on Assets3.41%
Miscellaneous
EmployeesN/A
Outstanding Shares109,190,000
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 announced a quarterly dividend on Tuesday, April 3rd. Shareholders of record on Friday, April 20th will be given a dividend of $0.10 per share on Tuesday, May 8th. This represents a $0.40 dividend on an annualized basis and a yield of 5.71%. The ex-dividend date of this dividend is Thursday, April 19th. View Costamare's Dividend History.
How were Costamare's earnings last quarter?
Costamare (NYSE:CMRE) issued its earnings results on Tuesday, January, 23rd. The shipping company reported $0.17 EPS for the quarter, topping the Zacks' consensus estimate of $0.15 by $0.02. The shipping company earned $99.20 million during the quarter, compared to analyst estimates of $97.52 million. Costamare had a return on equity of 7.28% and a net margin of 17.67%. The company's revenue for the quarter was down 8.9% compared to the same quarter last year. During the same period last year, the business posted $0.28 EPS. View Costamare's Earnings History.
When is Costamare's next earnings date?
What price target have analysts set for CMRE?
2 brokerages have issued 12-month price objectives for Costamare's shares. Their forecasts range from $7.00 to $7.00. On average, they anticipate Costamare's share price to reach $7.00 in the next twelve months. 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), SEACOR (CKH), Seaspan (SSW), Frontline (FRO), Teekay (TK), Star Bulk Carriers (SBLK), Scorpio Tankers (STNG), Navigator (NVGS), Genco Shipping & Trading (GNK), Scorpio Bulkers (SALT), Double Hull Tankers (DHT), General Maritime (GNRT), Dorian LPG (LPG), Capital Product Partners (CPLP), Diana Shipping (DSX) and DryShips (DRYS).
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?
Press coverage about CMRE stock has been trending somewhat positive on Monday, Accern Sentiment Analysis reports. Accern identifies negative and positive media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to one, with scores closest to one being the most favorable. Costamare earned a daily sentiment score of 0.05 on Accern's scale. They also gave press coverage about the shipping company an impact score of 46.85 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock's share price in the next few days.
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 $7.01.
How big of a company is Costamare?
Costamare has a market capitalization of $765.46 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 5.71%. CMRE's next quarterly dividend payment will be made on Tuesday, May 8. Costamare pays out 51.95% of its earnings out as a dividend.
| Next Dividend: | 5/8/2018 |
| Annual Dividend: | $0.40 |
| Dividend Yield: | 5.71% |
| Dividend Growth: | -28.80% (3 Year Average) |
| Payout Ratio: | 51.95% (Trailing 12 Months of Earnings)
57.97% (Based on This Year's Estimates)
40.00% (Based on Next Year's Estimates)
|
| Frequency: | Quarterly Dividend |
Costamare (NYSE:CMRE) Dividend History by Quarter
| Announced | Period | Amount | Yield | Ex-Dividend Date | Record Date | Payable Date |
|---|
| 4/3/2018 | quarterly | $0.10 | 6.09% | 4/19/2018 | 4/20/2018 | 5/8/2018 |
| 1/2/2018 | Quarterly | $0.10 | 6.6% | 1/22/2018 | 1/23/2018 | 2/6/2018 |
| 10/2/2017 | Quarterly | $0.10 | 6.41% | 10/20/2017 | 10/23/2017 | 11/6/2017 |
| 7/3/2017 | Quarterly | $0.10 | 5.56% | 7/20/2017 | 7/24/2017 | 8/7/2017 |
| 4/4/2017 | quarterly | $0.10 | 6.12% | 4/19/2017 | 4/21/2017 | 5/8/2017 |
| 1/4/2017 | quarterly | $0.10 | 6.46% | 1/19/2017 | 1/23/2017 | 2/6/2017 |
| 10/4/2016 | Quarterly | $0.10 | 5.4% | 10/19/2016 | 10/21/2016 | 11/4/2016 |
| 7/7/2016 | quarterly | $0.29 | 16.02% | 8/1/2016 | 8/3/2016 | 8/17/2016 |
| 4/4/2016 | quarterly | $0.29 | 13.11% | 4/15/2016 | 4/19/2016 | 5/4/2016 |
| 1/5/2016 | quarterly | $0.29 | 12.28% | 1/19/2016 | 1/21/2016 | 2/4/2016 |
| 10/2/2015 | quarterly | $0.29 | 9.04% | 10/19/2015 | 10/21/2015 | 11/4/2015 |
| 7/6/2015 | quarterly | $0.29 | 6.41% | 7/20/2015 | 7/22/2015 | 8/5/2015 |
| 4/2/2015 | quarterly | $0.29 | 6.62% | 4/17/2015 | 4/21/2015 | 5/6/2015 |
| 1/7/2015 | quarterly | $0.28 | 7% | 1/16/2015 | 1/21/2015 | 2/4/2015 |
| 10/7/2014 | quarterly | $0.28 | 5.49% | 10/20/2014 | 10/22/2014 | 11/5/2014 |
| 7/8/2014 | quarterly | $0.28 | 4.84% | 7/21/2014 | 7/23/2014 | 8/6/2014 |
| 4/29/2014 | quarterly | $0.28 | 5.22% | 5/7/2014 | 5/9/2014 | 5/13/2014 |
| 1/6/2014 | quarterly | $0.27 | 6.05% | 1/16/2014 | 1/21/2014 | 2/4/2014 |
| 10/8/2013 | quarterly | $0.27 | 6.45% | 10/21/2013 | 10/23/2013 | 11/6/2013 |
| 7/10/2013 | quarterly | $0.27 | 5.95% | 7/22/2013 | 7/24/2013 | 8/7/2013 |
| 4/10/2013 | quarterly | $0.27 | 6.87% | 4/22/2013 | 4/24/2013 | 5/8/2013 |
| 1/17/2013 | quarterly | $0.27 | 7.09% | 1/28/2013 | 1/30/2013 | 2/13/2013 |
(Data available from 1/1/2013 forward)
Costamare (NYSE CMRE) Insider Trading and Institutional Ownership History
Institutional Ownership Percentage: 23.58%
Costamare (NYSE CMRE) Insider Trading History
| Transaction Date | Insider Name | Title | Buy/Sell | Number of Shares | Average Share Price | Total Transaction | Shares Held After Transaction | Details |
|---|
(Data available from 1/1/2013 forward)
Costamare (NYSE CMRE) News Headlines
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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 Monday, April, 23, 2018
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