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
Stock Exchange NYSE
Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
Current SymbolNYSE:CMRE
Previous Symbol
CUSIPN/A
Phone377-9325-0940
Debt
Debt-to-Equity Ratio0.70
Current Ratio0.79
Quick Ratio0.74
Price-To-Earnings
Trailing P/E Ratio6.60
Forward P/E Ratio12.10
P/E Growth2.56
Sales & Book Value
Annual Sales$412.43 million
Price / Sales1.34
Cash Flow$1.7887 per share
Price / Cash2.84
Book Value$11.26 per share
Price / Book0.45
Profitability
EPS (Most Recent Fiscal Year)$0.77
Net Income$72.87 million
Net Margins13.39%
Return on Equity4.85%
Return on Assets2.56%
Miscellaneous
EmployeesN/A
Outstanding Shares109,190,000
Market Cap$584.19 million
OptionableOptionable
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 declared a quarterly dividend on Tuesday, October 2nd. Shareholders of record on Tuesday, October 23rd will be paid a dividend of $0.10 per share on Thursday, November 8th. This represents a $0.40 annualized dividend and a yield of 7.87%. The ex-dividend date of this dividend is Monday, October 22nd. View COSTAMARE Inc/SH's Dividend History.
How were COSTAMARE Inc/SH's earnings last quarter?
COSTAMARE Inc/SH (NYSE:CMRE) announced its earnings results on Wednesday, October, 24th. The shipping company reported $0.09 EPS for the quarter, meeting analysts' consensus estimates of $0.09. The shipping company had revenue of $89.45 million for the quarter, compared to the consensus estimate of $93.98 million. COSTAMARE Inc/SH had a net margin of 13.39% and a return on equity of 4.85%. The company's quarterly revenue was down 9.1% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.16 EPS. View COSTAMARE Inc/SH's Earnings History.
When is COSTAMARE Inc/SH's next earnings date?
What price target have analysts set for CMRE?
2 Wall Street analysts have issued 12-month price targets for COSTAMARE Inc/SH's shares. Their predictions range from $7.00 to $8.00. On average, they expect COSTAMARE Inc/SH's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 47.6% from the stock's current price. View Analyst Price Targets for COSTAMARE Inc/SH.
What is the consensus analysts' recommendation 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 hold rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for COSTAMARE Inc/SH.
Has COSTAMARE Inc/SH been receiving favorable news coverage?
Media stories about CMRE stock have trended somewhat positive recently, InfoTrie reports. The research firm identifies negative and positive media coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. COSTAMARE Inc/SH earned a news sentiment score of 1.7 on InfoTrie's scale. They also assigned media coverage about the shipping company a news buzz of 9.0 out of 10, indicating that recent media coverage is extremely likely to have an effect on the stock's share price in the near term.
Who are some of COSTAMARE Inc/SH's key competitors?
Some companies that are related to COSTAMARE Inc/SH include Ship Finance International (SFL), Euronav (EURN), SEASPAN Corp/SH SH (SSW), Frontline (FRO), Pac BASIN SHIPP/ADR (PCFBY), Scorpio Tankers (STNG), Seacor (CKH), Navigator (NVGS), DHT (DHT), Star Bulk Carriers (SBLK), DryShips (DRYS), Teekay (TK), Scorpio Bulkers (SALT), Dorian LPG (LPG) and Genco Shipping & Trading (GNK).
Who are COSTAMARE Inc/SH's key executives?
COSTAMARE Inc/SH'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)
Who are COSTAMARE Inc/SH's major shareholders?
COSTAMARE Inc/SH's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dimensional Fund Advisors LP (3.34%), BlackRock Inc. (2.27%), JPMorgan Chase & Co. (2.13%), JPMorgan Chase & Co. (2.13%), Renaissance Technologies LLC (1.54%) and Morgan Stanley (1.49%).
Which institutional investors are selling COSTAMARE Inc/SH stock?
CMRE stock was sold by a variety of institutional investors in the last quarter, including Northpointe Capital LLC, Wells Fargo & Company MN, Schroder Investment Management Group, Morgan Stanley, Martingale Asset Management L P, JPMorgan Chase & Co., JPMorgan Chase & Co. and Nisa Investment Advisors LLC.
Which institutional investors are buying COSTAMARE Inc/SH stock?
CMRE stock was bought by a variety of institutional investors in the last quarter, including Mirae Asset Global Investments Co. Ltd., Dimensional Fund Advisors LP, Renaissance Technologies LLC, Bridgeway Capital Management Inc., Globeflex Capital L P, Strs Ohio, Fuller & Thaler Asset Management Inc. and Acadian Asset 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, Scottrade, Fidelity and Charles Schwab.
What is COSTAMARE Inc/SH's stock price today?
One share of CMRE stock can currently be purchased for approximately $5.08.
How big of a company is COSTAMARE Inc/SH?
COSTAMARE Inc/SH has a market capitalization of $584.19 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.
What is COSTAMARE Inc/SH's official website?
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)
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.
