NYSE:CMRECOSTAMARE INC/SH Stock Price, Forecast & 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 $5.24 -0.15 (-2.78 %) (As of 07/2/2020 11:01 AM ET) Add Compare Share Today's Range$5.21Now: $5.24▼$5.4550-Day Range$4.21MA: $4.94▼$5.9552-Week Range$3.16Now: $5.24▼$10.85Volume13,882 shsAverage Volume880,761 shsMarket Capitalization$624.24 millionP/E Ratio6.02Dividend Yield7.19%Beta2.09 ProfileAnalyst RatingsAdvanced ChartCompetitorsDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial 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 Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.50, COSTAMARE INC/SH has a potential upside of 43.1% from its current price of $5.24.Amount of Analyst CoverageCOSTAMARE INC/SH has received no research coverage in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesCOSTAMARE INC/SH has received 300 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCOSTAMARE INC/SH has received 537 “underperform” votes. (Add your “underperform” vote.)Community SentimentCOSTAMARE INC/SH has received 64.16% “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 7.19%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCOSTAMARE INC/SH does not have a long track record of dividend growth.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 38.83% 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 27.87% of the stock of COSTAMARE INC/SH is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for COSTAMARE INC/SH are expected to grow by 6.19% in the coming year, from $0.97 to $1.03 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of COSTAMARE INC/SH is 6.02, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 16.54.Price to Earnings Ratio vs. SectorThe P/E ratio of COSTAMARE INC/SH is 6.02, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 14.26.Price to Book Value per Share RatioCOSTAMARE INC/SH has a P/B Ratio of 0.44. 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: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.03 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 Ratio0.92 Current Ratio0.87 Quick Ratio0.83Price-To-Earnings Trailing P/E Ratio6.02 Forward P/E Ratio5.40 P/E GrowthN/A Sales & Book Value Annual Sales$478.11 million Price / Sales1.31 Cash Flow$2.08 per share Price / Cash Flow2.52 Book Value$11.84 per share Price / Book0.44Profitability EPS (Most Recent Fiscal Year)$0.91 Net Income$99 million Net Margins27.42% Return on Equity11.36% Return on Assets5.21%Miscellaneous Employees1,680 Outstanding Shares119,130,000Market Cap$624.24 million Next Earnings Date7/22/2020 (Estimated) OptionableOptionable CMRE Rates by TradingView 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 COVID-19 (Coronavirus)? COSTAMARE INC/SH's stock was trading at $5.61 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, CMRE shares have decreased by 6.6% and is now trading at $5.24. View which stocks have been most impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of 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. When is COSTAMARE INC/SH's next earnings date? COSTAMARE INC/SH is scheduled to release its next quarterly earnings announcement on Wednesday, July 22nd 2020. View our earnings forecast for COSTAMARE INC/SH. How were COSTAMARE INC/SH's earnings last quarter? COSTAMARE INC/SH (NYSE:CMRE) released its quarterly earnings results on Wednesday, April, 29th. The shipping company reported $0.27 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.26 by $0.01. The shipping company earned $121 million during the quarter, compared to analysts' expectations of $123.80 million. COSTAMARE INC/SH had a net margin of 27.42% and a return on equity of 11.36%. COSTAMARE INC/SH's quarterly revenue was up 7.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.12 EPS. 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, April 2nd. Stockholders of record on Tuesday, April 21st will be given a dividend of $0.10 per share on Thursday, May 7th. This represents a $0.40 annualized dividend and a yield of 7.63%. The ex-dividend date is Monday, April 20th. View COSTAMARE INC/SH's dividend history. What price target have analysts set for CMRE? 1 analysts have issued twelve-month price targets for COSTAMARE INC/SH's stock. 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 43.1% from the stock's current price. View analysts' price targets for COSTAMARE INC/SH. Has COSTAMARE INC/SH been receiving favorable news coverage? Media headlines about CMRE stock have trended very negative on Thursday, InfoTrie Sentiment reports. The research group identifies negative and positive press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. COSTAMARE INC/SH earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave news headlines 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 stock's share price in the immediate future. View the latest news about COSTAMARE INC/SH. 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), Frontline (FRO), Ship Finance International (SFL), TSAKOS ENERGY N/SH (TNP), DHT (DHT), Scorpio Tankers (STNG), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), Seacor (CKH), Torm (TRMD), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS) 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), Textainer Group (TGH), AT&T (T), ANNALY CAP MGMT/SH (NLY), Enterprise Products Partners (EPD), DHT (DHT), NGL Energy Partners (NGL), Energy Transfer LP Unit (ET) and ARBOR RLTY TR I/SH (ABR). 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 $5.24. How big of a company is COSTAMARE INC/SH? COSTAMARE INC/SH has a market capitalization of $624.24 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 7/2/2020 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
