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

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 shares have decreased by 16.6% and is now trading at $4.6790. 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 Monday, April 27th 2020. View our earnings forecast for COSTAMARE INC/SH.

COSTAMARE INC/SH (NYSE:CMRE) posted its quarterly earnings data on Tuesday, January, 28th. The shipping company reported $0.32 EPS for the quarter, topping analysts' consensus estimates of $0.28 by $0.04. The shipping company earned $128.52 million during the quarter, compared to analysts' expectations of $124.47 million. COSTAMARE INC/SH had a net margin of 20.71% and a return on equity of 10.23%. The firm's revenue was up 23.7% compared to the same quarter last year. During the same quarter in the previous 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, April 2nd. Shareholders of record on Tuesday, April 21st will be paid a dividend of $0.10 per share on Thursday, May 7th. This represents a $0.40 annualized dividend and a dividend yield of 8.55%. The ex-dividend date is Monday, April 20th. View COSTAMARE INC/SH's dividend history.

1 equities research 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 expect COSTAMARE INC/SH's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 60.3% from the stock's current price. View analysts' price targets for COSTAMARE INC/SH.

News articles about CMRE stock have trended very negative on Thursday, according to InfoTrie Sentiment Analysis. The research group scores the sentiment of press coverage by analyzing 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 nearest to five being the most favorable. COSTAMARE INC/SH earned a media sentiment score of -3.3 on InfoTrie's scale. They also gave media 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 aboutCOSTAMARE INC/SH.

COSTAMARE INC/SH saw a decline in short interest during the month of March. As of March 13th, there was short interest totaling 1,727,600 shares, a decline of 42.8% from the February 27th total of 3,020,000 shares. Based on an average daily volume of 979,100 shares, the short-interest ratio is currently 1.8 days. Currently, 2.8% of the shares of the stock are sold short. View COSTAMARE INC/SH's Current Options Chain.

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

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), Energy Transfer LP Unit (ET), AT&T (T), Enterprise Products Partners (EPD), Verizon Communications (VZ), AGNC Investment (AGNC), NGL Energy Partners (NGL) and ANNALY CAP MGMT/SH (NLY).

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 $4.68.

COSTAMARE INC/SH has a market capitalization of $557.41 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. 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]