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 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, CMRE stock has decreased by 5.5% and is now trading at $5.30. 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) posted its quarterly earnings results on Wednesday, April, 29th. The shipping company reported $0.27 EPS for the quarter, topping the 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 return on equity of 11.36% and a net margin of 27.42%. The business's revenue was up 7.1% compared to the same quarter last year. During the same period last year, the company posted $0.12 earnings per share. View COSTAMARE INC/SH's earnings history.

COSTAMARE INC/SH declared a quarterly dividend on Thursday, April 2nd. Investors 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 dividend on an annualized basis and a dividend yield of 7.55%. The ex-dividend date of this dividend is Monday, April 20th. View COSTAMARE INC/SH's dividend history.

1 Wall Street analysts have issued twelve-month target prices for COSTAMARE INC/SH's stock. Their forecasts range from $7.50 to $7.50. On average, they anticipate COSTAMARE INC/SH's stock price to reach $7.50 in the next year. This suggests a possible upside of 41.5% from the stock's current price. View analysts' price targets for COSTAMARE INC/SH.

Press coverage about CMRE stock has trended extremely negative on Sunday, according to InfoTrie Sentiment Analysis. The research group ranks the sentiment of press coverage by monitoring more than six thousand news and blog sources in real time. 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 -5.0 on InfoTrie's scale. They also gave news headlines about the shipping company a news buzz of 10.0 out of 10, indicating that recent press coverage is extremely likely to have an impact on the company's share price in the next few days. 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 daily volume of 863,100 shares, the short-interest ratio is presently 2.3 days. Currently, 3.9% 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 Euronav (EURN), SEASPAN CORP/SH SH (SSW), Frontline (FRO), Ship Finance International (SFL), Scorpio Tankers (STNG), DHT (DHT), Torm (TRMD), Star Bulk Carriers (SBLK), Seacor (CKH), PAC BASIN SHIPP/ADR (PCFBY), DryShips (DRYS), Dorian LPG (LPG), Navigator (NVGS), Teekay (TK) and Genco Shipping & Trading (GNK). 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 institutional and retail investors. Top institutional investors 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 purchased 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 $5.30.

COSTAMARE INC/SH has a market capitalization of $631.39 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]