NYSE:CMRECOSTAMARE INC/SH Stock Price, Forecast & News

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 stock has decreased by 15.7% and is now trading at $4.73. View which stocks have been most impacted by Coronavirus.

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.

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.

COSTAMARE INC/SH (NYSE:CMRE) announced its quarterly earnings data on Wednesday, April, 29th. The shipping company reported $0.27 EPS for the quarter, topping analysts' consensus estimates 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%. The company's revenue was up 7.1% on a year-over-year basis. During the same quarter last year, the company earned $0.12 earnings per share. View COSTAMARE INC/SH's earnings history.

COSTAMARE INC/SH announced a quarterly dividend on Thursday, July 2nd. Stockholders 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 dividend yield of 8.46%. The ex-dividend date is Tuesday, July 21st. View COSTAMARE INC/SH's dividend history.

1 Wall Street analysts have issued 12 month price targets for COSTAMARE INC/SH's shares. Their forecasts range from $7.50 to $7.50. On average, they anticipate COSTAMARE INC/SH's share price to reach $7.50 in the next year. This suggests a possible upside of 58.6% from the stock's current price. View analysts' price targets for COSTAMARE INC/SH.

News headlines about CMRE stock have been trending very negative this week, InfoTrie Sentiment reports. The research group identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. COSTAMARE INC/SH earned a daily sentiment score of -3.2 on InfoTrie's scale. They also assigned news coverage about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about COSTAMARE INC/SH.

COSTAMARE INC/SH saw a drop in short interest in June. As of June 30th, there was short interest totaling 1,650,000 shares, a drop of 12.2% from the June 15th total of 1,880,000 shares. Based on an average daily trading volume, of 702,700 shares, the days-to-cover ratio is currently 2.3 days. Approximately 3.3% of the shares of the stock 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), Ship Finance International (SFL), 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), Genco Shipping & Trading (GNK) and Teekay (TK). View all competitors.

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).

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

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 $4.73.

COSTAMARE INC/SH has a market capitalization of $563.50 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.

The official website for COSTAMARE INC/SH is 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]