NYSE:CMRE - COSTAMARE INC/SH Stock Price, News, & Analysis

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$5.0199 -0.09 (-1.76 %)
(As of 03/20/2019 11:59 AM ET)
Previous Close$5.11
Today's Range$5.00 - $5.11
52-Week Range$4.20 - $8.39
Volume74,449 shs
Average Volume294,894 shs
Market Capitalization$564.54 million
P/E Ratio11.95
Dividend Yield7.72%
Beta2.17
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.

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Industry, Sector and Symbol

Industry Deep sea foreign transportation of freight
Sub-IndustryN/A
SectorTransportation
CUSIPN/A
Phone377-9325-0940

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$380.40 million
Cash Flow$1.6193 per share
Book Value$10.84 per share

Profitability

Net Income$81.70 million

Miscellaneous

EmployeesN/A
Market Cap$564.54 million
Next Earnings Date5/7/2019 (Estimated)
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 announced a quarterly dividend on Friday, January 4th. Investors of record on Tuesday, January 22nd will be paid a dividend of $0.10 per share on Thursday, February 7th. This represents a $0.40 annualized dividend and a dividend yield of 7.97%. The ex-dividend date of this dividend is Friday, January 18th. View COSTAMARE INC/SH's Dividend History.

How were COSTAMARE INC/SH's earnings last quarter?

COSTAMARE INC/SH (NYSE:CMRE) released its quarterly earnings results on Wednesday, January, 23rd. The shipping company reported $0.12 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of $0.10 by $0.02. The shipping company earned $103.90 million during the quarter, compared to analyst estimates of $97.39 million. COSTAMARE INC/SH had a return on equity of 4.75% and a net margin of 17.68%. The company's revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.17 EPS. View COSTAMARE INC/SH's Earnings History.

When is COSTAMARE INC/SH's next earnings date?

COSTAMARE INC/SH is scheduled to release their next quarterly earnings announcement on Tuesday, May 7th 2019. View Earnings Estimates for COSTAMARE INC/SH.

What price target have analysts set for CMRE?

2 analysts have issued twelve-month price targets for COSTAMARE INC/SH's stock. Their forecasts range from $7.00 to $8.00. 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 49.4% 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?

News headlines about CMRE stock have trended somewhat positive this week, according to InfoTrie. The research firm scores the sentiment of press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of -5 to 5, with scores nearest to five being the most favorable. COSTAMARE INC/SH earned a news sentiment score of 1.7 on InfoTrie's scale. They also gave media 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 impact on the stock's share price in the near term.

Who are some of COSTAMARE INC/SH's key competitors?

What other stocks do shareholders of COSTAMARE INC/SH own?

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), General Electric (GE), Hawkins (HWKN), Textainer Group (TGH), Micron Technology (MU), Transocean (RIG), Sherwin-Williams (SHW), Valero Energy (VLO) and Applied Materials (AMAT).

Who are COSTAMARE INC/SH's key executives?

COSTAMARE INC/SH's management team includes the folowing people:
  • Mr. Konstantinos Konstantakopoulos, Chairman & CEO (Age 50)
  • Mr. Gregory G. Zikos, CFO & Director (Age 50)
  • Mr. Anastassios Gabrielides, Gen. Counsel & Sec. (Age 54)

Who are COSTAMARE INC/SH's major shareholders?

COSTAMARE INC/SH's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Dimensional Fund Advisors LP (3.22%), Dimensional Fund Advisors LP (3.22%), BlackRock Inc. (2.12%), Globeflex Capital L P (0.54%), Northpointe Capital LLC (0.48%) and Prudential Financial Inc. (0.43%).

Which institutional investors are selling COSTAMARE INC/SH stock?

CMRE stock was sold by a variety of institutional investors in the last quarter, including Q Global Advisors LLC, Northpointe Capital LLC, Nisa Investment Advisors LLC, Canada Pension Plan Investment Board, Kalos Management Inc., Millennium Management LLC, New York State Common Retirement Fund and LSV Asset Management.

Which institutional investors are buying COSTAMARE INC/SH stock?

CMRE stock was bought by a variety of institutional investors in the last quarter, including Globeflex Capital L P, Dimensional Fund Advisors LP, Dimensional Fund Advisors LP, D. E. Shaw & Co. Inc., BlackRock Inc., Bank of America Corp DE, Two Sigma Advisers LP and Stevens Capital Management LP.

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 $5.0199.

How big of a company is COSTAMARE INC/SH?

COSTAMARE INC/SH has a market capitalization of $564.54 million and generates $380.40 million in revenue each year. The shipping company earns $81.70 million in net income (profit) each year or $0.42 on an earnings per share basis.

What is COSTAMARE INC/SH's official website?

The official website for COSTAMARE INC/SH is http://www.costamare.com.

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)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  264 (Vote Outperform)
Underperform Votes:  408 (Vote Underperform)
Total Votes:  672
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.
This page was last updated on 3/20/2019 by MarketBeat.com Staff

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