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. Since then, CMRE shares have decreased by 18.0% and is now trading at $4.60. 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) released its earnings results on Wednesday, April, 29th. The shipping company reported $0.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.26 by $0.01. The shipping company had revenue of $121 million for the quarter, compared to the consensus estimate of $123.80 million. COSTAMARE INC/SH had a return on equity of 11.36% and a net margin of 27.42%. COSTAMARE INC/SH's revenue for the quarter was up 7.1% on a year-over-year basis. During the same period in the previous year, the firm posted $0.12 EPS. View COSTAMARE INC/SH's earnings history.

COSTAMARE INC/SH declared a quarterly dividend on Thursday, April 2nd. Stockholders 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 8.70%. The ex-dividend date of this dividend is Monday, April 20th. View COSTAMARE INC/SH's dividend history.

1 equities research analysts have issued 12-month price objectives for COSTAMARE INC/SH's stock. Their forecasts range from $7.50 to $7.50. On average, they expect COSTAMARE INC/SH's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 63.0% from the stock's current price. View analysts' price targets for COSTAMARE INC/SH.

Media coverage about CMRE stock has trended somewhat negative on Saturday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of press coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores nearest to five being the most favorable. COSTAMARE INC/SH earned a news sentiment score of -1.1 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 0.0 out of 10, indicating that recent press coverage is extremely unlikely to have an effect on the stock's share price in the near future. View the latest news aboutCOSTAMARE INC/SH.

COSTAMARE INC/SH saw a increase in short interest in the month of May. As of May 15th, there was short interest totaling 1,950,000 shares, an increase of 27.5% from the April 30th total of 1,530,000 shares. Based on an average trading volume of 863,100 shares, the days-to-cover ratio is presently 2.3 days. Approximately 3.9% of the company's 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), Torm (TRMD), Seacor (CKH), PAC BASIN SHIPP/ADR (PCFBY), Star Bulk Carriers (SBLK), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK) and TSAKOS ENERGY N/SH (TNP). 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."

COSTAMARE INC/SH's stock is owned by many different retail and institutional investors. Top institutional shareholders include Cape Ann Asset Management Ltd (2.27%), BlackRock Inc. (2.22%), Morgan Stanley (1.26%), Morgan Stanley (1.26%), State Street Corp (0.83%) and JPMorgan Chase & Co. (0.73%).

CMRE stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, Morgan Stanley, Acadian Asset Management LLC, Squarepoint Ops LLC, Invesco Ltd., Deutsche Bank AG, Two Sigma Investments LP, and Connor Clark & Lunn Investment Management Ltd..

CMRE stock was bought by a variety of institutional investors in the last quarter, including Cape Ann Asset Management Ltd, JPMorgan Chase & Co., Navellier & Associates Inc, Wells Fargo & Company MN, Cavalier Investments LLC, Aigen Investment Management LP, Aperio Group LLC, and Bogle Investment Management L P DE.

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 $4.60.

COSTAMARE INC/SH has a market capitalization of $548.00 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]