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 $6.07 -0.09 (-1.46 %) (As of 09/30/2020 12:00 AM ET) Add Compare Share Today's Range$6.06Now: $6.07▼$6.2650-Day Range$4.77MA: $5.26▼$6.1652-Week Range$3.16Now: $6.07▼$10.85Volume719,297 shsAverage Volume823,335 shsMarket Capitalization$736.56 millionP/E RatioN/ADividend Yield6.49%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™ 2.5 Analyst's Opinion Consensus RatingCOSTAMARE INC/SH has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.25, COSTAMARE INC/SH has a forecasted upside of 19.4% from its current price of $6.07.Amount of Analyst CoverageCOSTAMARE INC/SH has only been the subject of 2 research reports in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesCOSTAMARE INC/SH has received 303 “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 64.01% “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 6.49%, 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 -606.39, 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 -606.39, 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 0.51. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.65 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 Ratio5.89 P/E GrowthN/A Sales & Book Value Annual Sales$478.11 million Price / Sales1.54 Cash Flow$2.61 per share Price / Cash Flow2.33 Book Value$11.84 per share Price / Book0.51Profitability 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$736.56 million Next Earnings Date10/28/2020 (Estimated) OptionableOptionable $6.07 -0.09 (-1.46 %) (As of 09/30/2020 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 been impacted by Coronavirus? COSTAMARE INC/SH's stock was trading at $5.61 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CMRE stock has increased by 8.2% and is now trading at $6.07. 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 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." 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) posted its quarterly earnings results on Monday, July, 27th. The shipping company reported $0.26 earnings per share for the quarter, topping analysts' consensus estimates of $0.24 by $0.02. The shipping company had revenue of $111.87 million for the quarter, compared to the consensus estimate 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 announced a quarterly dividend on Thursday, July 2nd. Investors of record on Wednesday, July 22nd will be paid a dividend of $0.10 per share on Friday, August 7th. This represents a $0.40 annualized dividend and a yield of 6.59%. The ex-dividend date of this dividend is Tuesday, July 21st. View COSTAMARE INC/SH's dividend history. What price target have analysts set for CMRE? 2 Wall Street analysts have issued twelve-month target prices for COSTAMARE INC/SH's stock. Their forecasts range from $6.50 to $8.00. On average, they expect COSTAMARE INC/SH's stock price to reach $7.25 in the next twelve months. This suggests a possible upside of 19.4% 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 during the month of September. As of September 15th, there was short interest totaling 1,660,000 shares, a drop of 12.2% from the August 31st total of 1,890,000 shares. Based on an average trading volume of 721,600 shares, the days-to-cover ratio is currently 2.3 days. Approximately 3.3% of the company's shares are sold short. 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 SEASPAN CORP/SH SH (SSW), Euronav (EURN), Atlas (ATCO), Frontline (FRO), Ship Finance International (SFL), DHT (DHT), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Scorpio Tankers (STNG), Seacor (CKH), Torm (TRMD), Navigator (NVGS), DryShips (DRYS), Dorian LPG (LPG) and Genco Shipping & Trading (GNK). 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), AGNC Investment (AGNC) and DHT (DHT). 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." 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 $6.07. How big of a company is COSTAMARE INC/SH? COSTAMARE INC/SH has a market capitalization of $736.56 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 9/30/2020 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. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
