Costamare Inc. (CMRE)

Market Cap	1.40B
Revenue (ttm)	2.03B
Net Income (ttm)	357.52M
Shares Out	119.80M
EPS (ttm)	3.01
PE Ratio	3.89
Forward PE	4.56
Dividend	$0.46 (3.94%)
Ex-Dividend Date	Jan 21, 2025

Volume	375,210
Open	11.55
Previous Close	11.43
Day's Range	11.54 - 11.98
52-Week Range	10.29 - 17.58
Beta	1.30
Analysts	Hold
Price Target	13.50 (+15.48%)
Earnings Date	Feb 5, 2025

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.

• Industry: Marine Shipping
• Sector: Industrials
• IPO Date: Nov 4, 2010
• Employees: 2,750
• Stock Exchange: NYSE
• Ticker Symbol: CMRE
• Website: https://www.costamare.com

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%.

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 15.48% from the latest price.

Price Target

$13.5

(15.48% upside)

Analyst Consensus: Hold