Costamare Inc. (CMRE)
Market Cap | 1.98B |
Revenue (ttm) | 1.74B |
Net Income (ttm) | 307.30M |
Shares Out | 118.94M |
EPS (ttm) | 2.58 |
PE Ratio | 6.33 |
Forward PE | n/a |
Dividend | $0.46 (2.76%) |
Ex-Dividend Date | Jul 19, 2024 |
Volume | 777,390 |
Open | 16.25 |
Previous Close | 16.33 |
Day's Range | 16.16 - 16.75 |
52-Week Range | 8.54 - 17.58 |
Beta | 1.34 |
Analysts | Buy |
Price Target | 11.67 (-29.95%) |
Earnings Date | Jul 26, 2024 |
About CMRE
Costamare Inc. owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 19, 2024, it had a fleet of fleet of 68 containerships and 37 dry bulk vessels. The company was founded in 1974 and is based in Monaco. [Read more]
Financial Performance
In 2023, Costamare's revenue was $1.51 billion, an increase of 35.69% compared to the previous year's $1.11 billion. Earnings were $354.68 million, a decrease of -32.30%.
Financial StatementsAnalyst Forecast
According to 3 analysts, the average rating for CMRE stock is "Buy." The 12-month stock price forecast is $11.67, which is a decrease of -29.95% from the latest price.
News
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Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
MONACO, July 01, 2024 (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 Prefe...
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Neptune Maritime Leasing Awarded Marine Money's Private Equity Deal of the Year 2023
ST HELIER, Jersey, June 25, 2024 (GLOBE NEWSWIRE) -- Neptune Maritime Leasing Limited (“Neptune Leasing” or the “Company”), a growth-oriented maritime leasing platform with the mission to providing sh...
SMR, CMRE: Finding Opportunities Outside of Semiconductors
There's more to generating A.I. than just the chips in those computers, notes Ross Givens.
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Costamare Inc. Announces Full Redemption of its Outstanding Shares of Series E Preferred Stock
MONACO , June 14, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that the Company will redeem all of its outstanding shares of 8.875% Series E Cumu...
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Costamare Inc. Reports Results for the First Quarter Ended March 31, 2024
MONACO, May 10, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2024 (“Q1 2024”).
![](https://cdn.snapi.dev/images/v1/b/q/conf12-2414027.jpg)
Costamare Inc. Sets the Date for Its First Quarter 2024 Results Release, Conference Call and Webcast
Earnings Release: Friday, May 10, 2024, Before Market Opens Conference Call and Webcast: Friday, May 10, 2024, at 8:30 a.m. ET
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Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2023
MONACO, March 29, 2024 (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, 2023 (t...
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Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2023
MONACO, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2023”) and year ended Decemb...
![](https://cdn.snapi.dev/images/v1/z/x/conf16-2258196.jpg)
Costamare Inc. Sets The Date For Its Fourth Quarter 2023 Results Release, Conference Call And Webcast
Earnings Release: Wednesday, February 7, 2024, Before Market Opens Conference Call and Webcast: Wednesday, February 7, 2024, at 8:30 a.m. ET
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Costamare: A Strong Maritime Player With Financial Resiliency
Costamare Inc. (CMRE, Financial) is a leading marine shipping company based in Monaco that specializes in the international ownership, operation and chartering of containerships and dry bulk vessels. ...
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Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2023
MONACO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2023”) and nine-months ended ...
![](https://cdn.snapi.dev/images/v1/3/i/conf10-2125227.jpg)
Costamare Inc. Sets the Date for Its Third Quarter 2023 Results Release, Conference Call and Webcast
Earnings Release: Wednesday, November 1, 2023, Before Market Opens Conference Call and Webcast: Wednesday, November 1, 2023, at 8:30 a.m. ET
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Costamare Inc. Announces Election of Class I Director at 2023 Annual Meeting of Stockholders
MONACO, Oct. 03, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced the election of...
![](https://cdn.snapi.dev/images/v1/n/y/press17-1994194.jpg)
Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2023
MONACO, July 28, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2023”) and six-months ended ...
![](https://cdn.snapi.dev/images/v1/k/l/conf13-1985132.jpg)
Costamare Inc. Sets the Date for Its Second Quarter 2023 Results Release, Conference Call and Webcast
Earnings Release: Friday, July 28, 2023, Before Market Opens Conference Call and Webcast: Friday, July 28, 2023, at 8:30 a.m. ET
![](https://cdn.snapi.dev/images/v1/l/g/press14-1968909.jpg)
Costamare Inc. Announces 2023 Annual Meeting of Stockholders
MONACO, July 12, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced today that its ...
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Costamare Inc. Appoints New Chief Commercial Officer
MONACO, July 05, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “Costamare”) (NYSE: CMRE) has appointed Peter Lund as Chief Commercial Officer. He is expected to take up his position with Cos...
![](https://cdn.snapi.dev/images/v1/i/p/press14-1957447.jpg)
Costamare Inc. Declares Quarterly Dividend on its Preferred and Common Stock
MONACO, July 03, 2023 (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 Prefe...
![](https://cdn.snapi.dev/images/v1/f/w/press15-1889532.jpg)
Costamare Inc. Reports Results for the First Quarter Ended March 31, 2023
MONACO, May 15, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2023 (“Q1 2023”).
![](https://cdn.snapi.dev/images/v1/5/u/conf6-1883635.jpg)
Costamare Inc. Sets the Date for Its First Quarter 2023 Results release, Conference Call and Webcast
Earnings Release: Monday, May 15, 2023, Before Market Opens Conference Call and Webcast: Monday, May 15, 2023, at 8:30 a.m. ET MONACO, May 10, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), anno...
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Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2022
MONACO, April 03, 2023 (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, 2022 (t...
![](https://cdn.snapi.dev/images/v1/0/p/press12-1799808.jpg)
Costamare Inc. Announces Investment in Neptune Maritime Leasing Limited
MONACO, March 16, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) has agreed to become the leading investor in Neptune Maritime Leasing Limited (“Neptune Leasing”) ...
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Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2022
MONACO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2022”) and year ended Decemb...
![](https://cdn.snapi.dev/images/v1/v/a/conf7-1738652.jpg)
Costamare Inc. Sets the Date for Its Fourth Quarter 2022 Results Release, Conference Call and Webcast
Earnings Release: Wednesday, February 8, 2023, Before Market Opens Conference Call and Webcast: Wednesday, February 8, 2023, at 8:30 a.m. ET
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Costamare Inc. Announces Formation of New Dry Bulk Operating Platform
MONACO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Following its strategic decision to enter the dry bulk sector at an opportune time in the cycle, Costamare Inc. (“Costamare” or the “Company”) has proceeded t...