Costamare Inc. (CMRE)

NYSE: CMRE · Real-Time Price · USD
17.62
+0.23 (1.32%)
May 8, 2026, 4:00 PM EDT - Market closed
Market Cap2.12B +93.2%
Revenue (ttm)866.09M -57.8%
Net Income323.93M +8.4%
EPS2.69 +10.5%
Shares Out 120.58M
PE Ratio6.23
Forward PE6.41
Dividend$0.50 (2.84%)
Ex-Dividend DateApr 20, 2026
Volume489,487
Open17.57
Previous Close17.39
Day's Range17.49 - 17.87
52-Week Range7.41 - 18.06
Beta1.00
AnalystsBuy
Price Target16.50 (-6.36%)
Earnings DateApr 29, 2026

About CMRE

Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes. The company also charters dry bulk vessels to various customers providing worldwide transportation for dry bulk cargoes. As of February 24, 2026, it had a fleet of fleet of 79 containerships and 38 dry bulk vessels. The company was founded in 1974 and is based in Monaco.

IPO Date Nov 4, 2010
Employees 1,880
Stock Exchange NYSE
Ticker Symbol CMRE
Full Company Profile

Financial Performance

In 2025, Costamare's revenue was $877.90 million, a decrease of -1.19% compared to the previous year's $888.49 million. Earnings were $343.66 million, an increase of 18.23%.

Financial Statements

Analyst Summary

According to 2 analysts, the average rating for CMRE stock is "Buy." The 12-month stock price target is $16.5, which is a decrease of -6.36% from the latest price.

Price Target
$16.5
(-6.36% downside)
Analyst Consensus: Buy
Stock Forecasts

News

Costamare upgraded to Buy from Hold at Freedom Broker

Freedom Broker analyst Sergey Glinyanov upgraded Costamare (CMRE) to Buy from Hold with a price target of $21, up from $19, post the Q1 report. The firm says Costamare “significantly

4 days ago - TheFly

Costamare upgraded to Buy from Hold at Fearnley

Fearnley analyst Fredrik Dybwad upgraded Costamare (CMRE) to Buy from Hold with a $21 price target

9 days ago - TheFly

Costamare Earnings Call Transcript: Q1 2026

Q1 2026 net income reached $75 million with liquidity at $645 million. Major fleet renewal includes 16 newbuilds and two secondhand vessels, boosting contracted revenues to $6.2 billion and extending charter durations. Dividend increase recommended.

10 days ago - Transcripts

Costamare reports Q1 cont. ops. EPS 88c vs. 62c last year

Reports Q1 voyager revenue $217.18M vs. $201.56M last year. “During the Q1 of the year, the Company generated Net Income of about $75 million. Total liquidity amounted to about $645M.

10 days ago - TheFly

Costamare Inc. Reports Results For The First Quarter Ended March 31, 2026

MONACO, April 29, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2026 (“Q1 2026”).

10 days ago - GlobeNewsWire

Costamare Inc. Sets the Date for Its First Quarter 2026 Results Release, Conference Call and Webcast

Earnings Release: Wednesday, April 29, 2026, Before Market Opens Conference Call and Webcast: Wednesday, April 29, 2026, at 8:30 a.m. ET

12 days ago - GlobeNewsWire

Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock

MONACO, April 02, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Pref...

5 weeks ago - GlobeNewsWire

Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2025

MONACO, March 04, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 (t...

2 months ago - GlobeNewsWire

Costamare Earnings Call Transcript: Q4 2025

Q4 2025 net income reached $73M, with full-year net income at $370M and liquidity of $590M. Forward-chartering 12 vessels secured $940M in new revenues, with 96% of 2026 revenue days fixed. Charter rates and market demand remain strong.

2 months ago - Transcripts

Costamare reports Q4 cont. ops. EPS 60c vs. 74c last year

Reports Q4 voyage revenue $202.7M vs. 217.7M last year. FY25 financial results reflect the spin-off of Costamare’s (CMRE) dry bulk business into a standalone public company, which was completed on

2 months ago - TheFly

Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2025

MONACO, Feb. 18, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter and year ended December 31, 2025.

2 months ago - GlobeNewsWire

Costamare Inc. Sets the Date for its Fourth Quarter 2025 Results Release, Conference Call and Webcast

Earnings Release: Wednesday, February 18, 2026, Before Market Opens Conference Call and Webcast: Wednesday, February 18, 2026, at 8:30 a.m. ET

2 months ago - GlobeNewsWire

Costamare price target raised to $12 from $11 at Jefferies

Jefferies raised the firm’s price target on Costamare (CMRE) to $12 from $11. Costamare reported a Q3 beat as revenues from its containership fleet and income from its leasing platform

6 months ago - TheFly

Costamare Earnings Call Transcript: Q3 2025

Net income reached $93 million for Q3 2025, with strong liquidity and $2.6 billion in contracted revenues. Charter rates remain firm amid a tight market, and newbuild orders and sale-and-leaseback deals enhance future revenue visibility.

6 months ago - Transcripts

Costamare Bulkers reports Q3 adjusted EPS 81c vs. 86c last year

Reports Q3 voyage revenue $215.9M vs. $219.5 last year. Gregory Zikos, Chief Financial Officer of Costamare (CMRE) Inc., commented: “During the third quarter of the year, the Company generated Net

6 months ago - TheFly

Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2025

MONACO, Nov. 04, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter and nine-month period ended Septem...

6 months ago - GlobeNewsWire

Costamare Inc. Sets the Date for Its Third Quarter 2025 Results Release, Conference Call and Webcast

Earnings Release: Tuesday, November 4, 2025, Before Market Opens Conference Call and Webcast: Tuesday, November 4, at 8:30 a.m. ET

6 months ago - GlobeNewsWire

Costamare announces results of Annual Meeting of Stockholders

Costamare (CMRE) announced the election of two Class III directors at the Company’s virtual annual meeting of stockholders held today. The elected Class III directors are Konstantinos Konstantakopoulo...

7 months ago - TheFly

Costamare Inc. Announces Election of Class III Directors at 2025 Annual Meeting of Stockholders

MONACO, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced the election of two Class III direct...

7 months ago - GlobeNewsWire

LNC, CMRE, FUNC: 3 AI Analyst Stocks Living on the Downside

Lincoln National ($LNC), Costamare ($CMRE) and First United ($FUNC) are 3 AI Analyst stocks with a disappointing downside as of September 4, 2025. That’s according to the TipRanks AI Analyst

Other symbols: FUNC
8 months ago - TipRanks

Costamare Earnings Call Transcript: Q2 2025

Q2 2025 net income reached $99 million, with strong liquidity and $2.5 billion in contracted revenues. The company completed a dry bulk spin-off, ordered four new containerships with long-term charters, and maintains robust charter rates and dividend policy.

10 months ago - Transcripts

Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2025

MONACO, July 31, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter and six-month period ended June 3...

10 months ago - GlobeNewsWire

Costamare Inc. Sets the Date for Its Second Quarter 2025 Results Release, Conference Call and Webcast

Earnings Release: Thursday, July 31, 2025, Before Market Opens Conference Call and Webcast: Thursday, July 31, 2025, at 8:30 a.m. ET

10 months ago - GlobeNewsWire

Costamare Inc. Announces 2025 Annual Meeting of Stockholders

MONACO, July 11, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced today that its Board of Directors ha...

10 months ago - GlobeNewsWire

Costamare initiated with a Hold at Fearnley

Fearnley initiated coverage of Costamare (CMRE) with a Hold rating and $9.80 price target

11 months ago - TheFly