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

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

COSTAMARE INC/SH announced a quarterly dividend on Monday, January 6th. Shareholders 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 annualized dividend and a yield of 5.10%. The ex-dividend date of this dividend is Friday, January 17th. View COSTAMARE INC/SH's Dividend History.

COSTAMARE INC/SH (NYSE:CMRE) posted its quarterly earnings results on Wednesday, October, 23rd. The shipping company reported $0.26 EPS for the quarter, beating the Zacks' consensus estimate of $0.19 by $0.07. The shipping company earned $123.37 million during the quarter, compared to analysts' expectations of $116.48 million. COSTAMARE INC/SH had a net margin of 18.02% and a return on equity of 8.70%. COSTAMARE INC/SH's revenue was up 37.9% on a year-over-year basis. During the same quarter last year, the company posted $0.09 earnings per share. View COSTAMARE INC/SH's Earnings History.

COSTAMARE INC/SH is scheduled to release their next quarterly earnings announcement on Tuesday, January 28th 2020. View Earnings Estimates for COSTAMARE INC/SH.

COSTAMARE INC/SH will be holding an earnings conference call on Tuesday, January 28th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

2 brokerages have issued 12-month target prices for COSTAMARE INC/SH's shares. Their forecasts range from $7.50 to $8.00. On average, they expect COSTAMARE INC/SH's share price to reach $7.75 in the next twelve months. This suggests that the stock has a possible downside of 1.1%. View Analyst Price Targets for 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.

News stories about CMRE stock have been trending somewhat positive recently, according to InfoTrie Sentiment Analysis. The research firm identifies positive and negative press coverage by monitoring more than six thousand news and blog sources in real-time. 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 2.0 on InfoTrie's scale. They also gave news coverage 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 next several days. View News Stories for COSTAMARE INC/SH.

COSTAMARE INC/SH saw a increase in short interest during the month of December. As of December 31st, there was short interest totalling 1,880,000 shares, an increase of 14.6% from the December 15th total of 1,640,000 shares. Based on an average trading volume of 819,000 shares, the days-to-cover ratio is currently 2.3 days. Approximately 3.7% of the company's shares are short sold. View COSTAMARE INC/SH's Current Options Chain.

Some companies that are related to COSTAMARE INC/SH include SEASPAN CORP/SH SH (SSW), Euronav (EURN), Frontline (FRO), Scorpio Tankers (STNG), Ship Finance International (SFL), DHT (DHT), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Seacor (CKH), Dorian LPG (LPG), Navigator (NVGS), DryShips (DRYS), Teekay (TK), Genco Shipping & Trading (GNK) and Scorpio Bulkers (SALT).

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), Advanced Micro Devices (AMD), Energy Transfer LP Unit (ET), Alibaba Group (BABA), General Electric (GE) and iShares MSCI Brazil ETF (EWZ).

COSTAMARE INC/SH's stock is owned by a number of of retail and institutional investors. Top institutional investors include Bowling Portfolio Management LLC (0.11%), Strs Ohio (0.06%) and Barnett & Company Inc. (0.00%).

CMRE stock was sold by a variety of institutional investors in the last quarter, including Strs Ohio and Barnett & Company Inc..

CMRE stock was bought by a variety of institutional investors in the last quarter, including Bowling Portfolio Management LLC.

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.

One share of CMRE stock can currently be purchased for approximately $7.84.

COSTAMARE INC/SH has a market capitalization of $926.53 million and generates $380.40 million in revenue each year. The shipping company earns $81.70 million in net income (profit) each year or $0.42 on an earnings per share basis. COSTAMARE INC/SH employs 1,680 workers across the globe.View Additional Information About COSTAMARE INC/SH.

The official website for COSTAMARE INC/SH is http://www.costamare.com/.

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]