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

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$5.71 +0.01 (+0.18 %)
(As of 05/22/2019 08:00 AM ET)
Previous Close$5.70
Today's Range$5.69 - $5.76
52-Week Range$4.20 - $8.39
Volume176,200 shs
Average Volume314,757 shs
Market Capitalization$642.17 million
P/E Ratio13.60
Dividend Yield7.02%
Beta2.23
Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 27, 2019, it had a fleet of 78 containerships with a total capacity of approximately 548,000 twenty foot equivalent unit (TEU), including 73 vessels in the water, aggregating approximately 484,000 TEU; and 5 new build vessels of 64,000 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$1.6408 per share
Book Value$11.91 per share

Profitability

Net Income$81.70 million

Miscellaneous

Employees1,680
Market Cap$642.17 million
Next Earnings Date7/23/2019 (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 declared a quarterly dividend on Tuesday, April 2nd. Shareholders of record on Monday, April 22nd will be given a dividend of $0.10 per share on Wednesday, May 8th. This represents a $0.40 annualized dividend and a yield of 7.01%. The ex-dividend date of this dividend is Thursday, April 18th. View COSTAMARE INC/SH's Dividend History.

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

COSTAMARE INC/SH (NYSE:CMRE) posted its quarterly earnings data on Monday, April, 22nd. The shipping company reported $0.12 EPS for the quarter, beating analysts' consensus estimates of $0.09 by $0.03. The shipping company had revenue of $113 million for the quarter, compared to analyst estimates of $109.61 million. COSTAMARE INC/SH had a return on equity of 5.35% and a net margin of 11.59%. COSTAMARE INC/SH's revenue was up 21.5% compared to the same quarter last year. During the same period in the prior year, the company posted $0.12 earnings per share. 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, July 23rd 2019. View Earnings Estimates for COSTAMARE INC/SH.

What price target have analysts set for CMRE?

2 analysts have issued 12 month price targets for COSTAMARE INC/SH's stock. Their predictions range from $7.00 to $8.00. On average, they anticipate COSTAMARE INC/SH's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 31.3% 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 stories about CMRE stock have been trending somewhat positive on Wednesday, InfoTrie Sentiment Analysis reports. The research firm rates the sentiment of news 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 coverage optimism score of 1.5 on InfoTrie's scale. They also gave news articles about the shipping company a news buzz of 10.0 out of 10, indicating that recent news coverage is extremely likely 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?

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 number of of retail and institutional investors. Top institutional investors include Dimensional Fund Advisors LP (3.61%), BlackRock Inc. (2.15%), Renaissance Technologies LLC (1.80%), Morgan Stanley (1.43%), Parametric Portfolio Associates LLC (0.52%) and Charles Schwab Investment Management Inc. (0.50%).

Which institutional investors are selling COSTAMARE INC/SH stock?

CMRE stock was sold by a variety of institutional investors in the last quarter, including JPMorgan Chase & Co., LSV Asset Management, BlackRock Inc., Adams Diversified Equity Fund Inc., Morgan Stanley, Barnett & Company Inc. and California Public Employees Retirement System.

Which institutional investors are buying COSTAMARE INC/SH stock?

CMRE stock was acquired by a variety of institutional investors in the last quarter, including Renaissance Technologies LLC, Dimensional Fund Advisors LP, Charles Schwab Investment Management Inc., Denali Advisors LLC, Nisa Investment Advisors LLC, Parametric Portfolio Associates LLC, Creative Planning and Northern Trust Corp.

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 $5.71.

How big of a company is COSTAMARE INC/SH?

COSTAMARE INC/SH has a market capitalization of $642.17 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. COSTAMARE INC/SH employs 1,680 workers across the globe.

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:  1.9 out of 5 (star)
Outperform Votes:  267 (Vote Outperform)
Underperform Votes:  426 (Vote Underperform)
Total Votes:  693
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 5/22/2019 by MarketBeat.com Staff

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