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

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$5.82 +0.11 (+1.93 %)
(As of 05/19/2019 02:33 PM ET)
Previous Close$5.82
Today's Range$5.64 - $5.8350
52-Week Range$4.20 - $8.39
Volume476,543 shs
Average Volume302,487 shs
Market Capitalization$654.52 million
P/E Ratio13.86
Dividend Yield6.87%
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$1.6724 per share
Book Value$11.91 per share

Profitability

Net Income$81.70 million

Miscellaneous

Employees1,680
Market Cap$654.52 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 paid a dividend of $0.10 per share on Wednesday, May 8th. This represents a $0.40 dividend on an annualized basis and a yield of 6.87%. The ex-dividend date 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 earnings results on Monday, April, 22nd. The shipping company reported $0.12 EPS for the quarter, beating the Thomson Reuters' consensus estimate of $0.09 by $0.03. The shipping company earned $113 million during the quarter, compared to the consensus estimate of $109.61 million. COSTAMARE INC/SH had a net margin of 11.59% and a return on equity of 5.35%. The company's quarterly revenue was up 21.5% compared to the same quarter last year. During the same period last year, the business earned $0.12 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, July 23rd 2019. View Earnings Estimates for COSTAMARE INC/SH.

What price target have analysts set for CMRE?

2 analysts have issued 1-year 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 stock price to reach $7.50 in the next year. This suggests a possible upside of 28.9% 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 positive on Sunday, according to InfoTrie Sentiment Analysis. The research firm ranks the sentiment of news coverage by monitoring more than six thousand blog and news 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 news impact score of 2.2 on InfoTrie's scale. They also gave media coverage 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 next several days.

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 variety 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 purchased 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 $5.82.

How big of a company is COSTAMARE INC/SH?

COSTAMARE INC/SH has a market capitalization of $654.52 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:  424 (Vote Underperform)
Total Votes:  691
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 5/19/2019 by MarketBeat.com Staff

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