Costamare Inc. (CMRE)

Market Cap	1.22B
Revenue (ttm)	2.08B
Net Income (ttm)	290.68M
Shares Out	119.96M
EPS (ttm)	2.44
PE Ratio	4.17
Forward PE	4.04
Dividend	$0.46 (4.53%)
Ex-Dividend Date	Jan 21, 2025

Volume	620,417
Open	10.16
Previous Close	10.16
Day's Range	10.00 - 10.21
52-Week Range	9.66 - 17.58
Beta	1.28
Analysts	Hold
Price Target	13.50 (+32.87%)
Earnings Date	Feb 5, 2025

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 12, 2025, it had a fleet of fleet of 68 containerships and 38 dry bulk vessels. The company was founded in 1974 and is based in Monaco.

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: Nov 4, 2010
• Employees: 2,430
• Stock Exchange: NYSE
• Ticker Symbol: CMRE
• Website: https://www.costamare.com

Financial Performance

In 2024, Costamare's revenue was $2.08 billion, an increase of 37.88% compared to the previous year's $1.51 billion. Earnings were $290.68 million, a decrease of -18.05%.

Analyst Forecast

According to 2 analysts, the average rating for CMRE stock is "Hold." The 12-month stock price forecast is $13.5, which is an increase of 32.87% from the latest price.

Price Target

$13.5

(32.87% upside)

Analyst Consensus: Hold