NYSE:CMRECOSTAMARE INC/SH Stock Price, Forecast & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding COSTAMARE INC/SH Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $4.02 -0.15 (-3.60 %) (As of 04/3/2020 04:00 PM ET) Add Compare Share Today's Range$3.86Now: $4.02▼$4.2350-Day Range$3.55MA: $5.61▼$7.6652-Week Range$3.16Now: $4.02▼$10.85Volume448,669 shsAverage Volume916,285 shsMarket Capitalization$478.90 millionP/E Ratio6.93Dividend Yield9.59%Beta2.29 ProfileAnalyst RatingsAdvanced ChartDividendEarningsFinancialsInstitutional OwnershipHeadlinesOptions ChainSEC FilingsSocial Media 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.Read More Beat the Market (BTM) Rank™ 2.5 Analyst's Opinion Consensus RatingCOSTAMARE INC/SH has received a consensus rating of Sell. The company's average rating score is 1.00, and is based on no buy ratings, no hold ratings, and 1 sell rating.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.50, COSTAMARE INC/SH has a potential upside of 86.6% from its current price of $4.02.Amount of Analyst CoverageCOSTAMARE INC/SH has received no research coverage in the past 90 days. Previous Next 1.8 Community Rank Outperform VotesCOSTAMARE INC/SH has received 299 “outperform” votes. (Add your “outperform” vote.)Underperform VotesCOSTAMARE INC/SH has received 533 “underperform” votes. (Add your “underperform” vote.)Community SentimentCOSTAMARE INC/SH has received 64.06% “underperform” votes from our community.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. Previous Next 3.3 Dividend Strength Dividend LeadershipCOSTAMARE INC/SH is a leading dividend payer. It pays a dividend yield of 9.59%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCOSTAMARE INC/SH does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of COSTAMARE INC/SH is 43.96 %. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, COSTAMARE INC/SH will have a dividend payout ratio of 37.74 % next year. This indicates that COSTAMARE INC/SH will be able to sustain or increase its dividend. Previous Next 0.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, COSTAMARE INC/SH insiders have not sold or bought any company stock.Percentage Held by InstitutionsOnly 28.20% of the stock of COSTAMARE INC/SH is held by institutions. Previous Next 2.5 Earnings and Valuation Earnings GrowthEarnings for COSTAMARE INC/SH are expected to grow by 0.95% in the coming year, from $1.05 to $1.06 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of COSTAMARE INC/SH is 6.93, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 11.03.Price to Earnings Ratio vs. SectorThe P/E ratio of COSTAMARE INC/SH is 6.93, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 10.43.Price to Book Value per Share RatioCOSTAMARE INC/SH has a P/B Ratio of 0.34. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 2.5Community Rank: 1.8Dividend Strength: 3.3Insider Behavior: 0.0Valuation: 2.5 5 -4 -3 -2 -1 -Overall Beat the Market Rank™2.03 out of 5 stars Industry, Sector and Symbol Stock Exchange NYSE Industry Deep sea foreign transportation of freight Sub-IndustryN/A SectorTransportation Current SymbolNYSE:CMRE Previous Symbol CUSIPN/A CIK1503584 Webhttp://www.costamare.com/ Phone377-9325-0940Debt Debt-to-Equity Ratio0.94 Current Ratio0.74 Quick Ratio0.70Price-To-Earnings Trailing P/E Ratio6.93 Forward P/E Ratio3.83 P/E GrowthN/A Sales & Book Value Annual Sales$478.11 million Price / Sales1.00 Cash Flow$2.13 per share Price / Cash Flow1.89 Book Value$11.84 per share Price / Book0.34Profitability EPS (Most Recent Fiscal Year)$0.91 Net Income$99 million Net Margins20.71% Return on Equity10.23% Return on Assets4.64%Miscellaneous Employees1,680 Outstanding Shares119,130,000Market Cap$478.90 million Next Earnings Date4/27/2020 (Estimated) OptionableOptionable Receive CMRE News and Ratings via Email Sign-up to receive the latest news and ratings for CMRE and its competitors with MarketBeat's FREE daily newsletter. CMRE Rates by TradingView COSTAMARE INC/SH (NYSE:CMRE) Frequently Asked Questions How has COSTAMARE INC/SH's stock been impacted by COVID-19 (Coronavirus)? 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 (WHO). Since then, CMRE shares have decreased by 28.3% and is now trading at $4.02. View which stocks have been mosted impacted by Coronavirus. Do Wall Street analysts recommend investors buy shares of COSTAMARE INC/SH? 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. When is COSTAMARE INC/SH's next earnings date? 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. How were COSTAMARE INC/SH's earnings last quarter? COSTAMARE INC/SH (NYSE:CMRE) posted its quarterly earnings results on Tuesday, January, 28th. The shipping company reported $0.32 earnings per share (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 analyst estimates of $124.47 million. COSTAMARE INC/SH had a return on equity of 10.23% and a net margin of 20.71%. The business's quarterly revenue was up 23.7% on a year-over-year basis. During the same period last year, the company earned $0.12 earnings per share. View COSTAMARE INC/SH's earnings history. 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 Thursday, April 2nd. Stockholders of record on Tuesday, April 21st will be given a dividend of $0.10 per share on Thursday, May 7th. This represents a $0.40 annualized dividend and a dividend yield of 9.95%. The ex-dividend date is Monday, April 20th. View COSTAMARE INC/SH's dividend history. What price target have analysts set for CMRE? 1 brokerages have issued 1-year target prices 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 86.6% from the stock's current price. View analysts' price targets for COSTAMARE INC/SH. Has COSTAMARE INC/SH been receiving favorable news coverage? Media headlines about CMRE stock have trended very negative recently, according to InfoTrie Sentiment Analysis. InfoTrie identifies positive and negative media coverage by monitoring more than six thousand news and blog sources. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. COSTAMARE INC/SH earned a news sentiment score of -3.3 on InfoTrie's scale. They also gave news stories about the shipping company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the stock's share price in the near term. View the latest news aboutCOSTAMARE INC/SH. Are investors shorting COSTAMARE INC/SH? COSTAMARE INC/SH saw a decrease in short interest during the month of March. As of March 13th, there was short interest totaling 1,727,600 shares, a decrease of 42.8% from the February 27th total of 3,020,000 shares. Based on an average daily trading volume, of 979,100 shares, the short-interest ratio is presently 1.8 days. Approximately 2.8% of the shares of the company are short sold. View COSTAMARE INC/SH's Current Options Chain. Who are some of COSTAMARE INC/SH's key competitors? Some companies that are related to COSTAMARE INC/SH include Frontline (FRO), Ship Finance International (SFL), DHT (DHT), Scorpio Tankers (STNG), PAC BASIN SHIPP/ADR (PCFBY), Seacor (CKH), Star Bulk Carriers (SBLK), DryShips (DRYS), Dorian LPG (LPG), Teekay (TK), Genco Shipping & Trading (GNK), TSAKOS ENERGY N/SH (TNP), Navigator (NVGS), Overseas Shipholding Group (OSG) and Ardmore Shipping (ASC). 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), 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). Who are COSTAMARE INC/SH's key executives? COSTAMARE INC/SH's management team includes the following people: Mr. Konstantinos Konstantakopoulos, Chairman & CEO (Age 50)Mr. Gregory G. Zikos, CFO & Director (Age 50)Mr. Anastassios Gabrielides, Gen. Counsel & Sec. (Age 54) 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 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, Robinhood, Fidelity, and Charles Schwab. What is COSTAMARE INC/SH's stock price today? One share of CMRE stock can currently be purchased for approximately $4.02. How big of a company is COSTAMARE INC/SH? COSTAMARE INC/SH has a market capitalization of $478.90 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. 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] This page was last updated on 4/4/2020 by MarketBeat.com StaffFeatured Article: What are CEFs?
