Costamare Inc. (CMRE)

NYSE: CMRE · IEX Real-Time Price · USD
11.96
+0.07 (0.59%)
At close: Aug 12, 2022 4:00 PM
12.02
+0.06 (0.50%)
After-hours: Aug 12, 2022 7:15 PM EDT
0.59%
Market Cap 1.48B
Revenue (ttm) 1.06B
Net Income (ttm) 490.32M
Shares Out 124.16M
EPS (ttm) 3.96
PE Ratio 3.02
Forward PE n/a
Dividend $0.96 (8.03%)
Ex-Dividend Date Jul 20, 2022
Volume 493,771
Open 11.90
Previous Close 11.89
Day's Range 11.62 - 11.99
52-Week Range 10.25 - 18.01
Beta 1.40
Analysts Buy
Price Target 17.34 (+45.0%)
Earnings Date Jul 28, 2022

About CMRE

Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. The company was founded in 1974 and is based in Monaco. [Read more...]

Industry Marine
IPO Date Nov 4, 2010
CEO Konstantinos Konstantakopoulos
Employees 2,750
Stock Exchange NYSE
Ticker Symbol CMRE
Full Company Profile

Financial Performance

In 2021, Costamare's revenue was $793.64 million, an increase of 72.41% compared to the previous year's $460.32 million. Earnings were $435.12 million, an increase of 4,801.67%.

Financial Statements

Analyst Forecast

According to 8 analysts, the average rating for CMRE stock is "Buy." The 12-month stock price forecast is 17.34, which is an increase of 44.98% from the latest price.

Price Target
$17.34
(44.98% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Costamare (CMRE) is a Top Dividend Stock Right Now: Should You Buy?

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Costamare (CMRE) have what it takes?

Costamare Inc. Announces 2022 Annual Meeting of Stockholders

MONACO, July 29, 2022 (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 Bo...

Costamare (CMRE) Surpasses Q2 Earnings and Revenue Estimates

Costamare (CMRE) delivered earnings and revenue surprises of 9.20% and 0.70%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2022

MONACO, July 28, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2022”) and six-months ended Ju...

Costamare Inc. Sets the Date for Its Second Quarter 2022 Results Release, Conference Call and Webcast

Earnings Release: Thursday, July 28, 2022, Before Market Opens Conference Call and Webcast: Thursday, July 28, 2022, at 10:00 a.m. ET

Can Costamare (CMRE) Keep the Earnings Surprise Streak Alive?

Costamare (CMRE) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

Costamare (CMRE) Earnings Expected to Grow: What to Know Ahead of Q2 Release

Costamare (CMRE) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

This is Why Costamare (CMRE) is a Great Dividend Stock

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Costamare (CMRE) have what it takes?

Best Value Stocks to Buy for July 19th

PBR, MATX, and CMRE made it to the Zacks Rank #1 (Strong Buy) value stocks list on July 19, 2022.

Other symbols: MATXPBR

New Strong Buy Stocks for July 19th

E, MATX, CMRE, PBR, and ARCB have been added to the Zacks Rank #1 (Strong Buy) List on July 19, 2022.

Other symbols: ARCBEMATXPBR

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

MONACO, July 01, 2022 (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 Preferr...

7 Great Dividend Stocks Under $25

These under-the-radar dividend stocks all trade for under $25 per share, while offering respectable dividend yields. The post 7 Great Dividend Stocks Under $25 appeared first on InvestorPlace.

Other symbols: BCBPNGVCNLSAMGSJTTRIN

Costamare Inc. Announces Closing of $500 Million Syndicated Loan Facility

MONACO, May 26, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE: CMRE) announces the closing of a 5-year syndicated loan facility for an amount of up to $500 million. Proceeds from the loan will be used t...

Costamare (CMRE) Q1 Earnings Surpass Estimates

Costamare (CMRE) delivered earnings and revenue surprises of 2.44% and 0.25%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

Costamare Inc. Reports Results for the First Quarter Ended March 31, 2022

MONACO, May 05, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2022 (“Q1 2022”).

Costamare Inc. Sets the Date for Its First Quarter 2022 Results Release, Conference Call and Webcast

Earnings Release: Thursday, May 5, 2022, Before Market Opens Conference Call and Webcast: Thursday, May 5, 2022, at 8:30 a.m. ET

A “Divergence” in Marine Shipping Stocks Could Spell Big Profits

Shipping stocks are great near-term buys. So, if you're invested in fundamentally superior shipping stocks, here's what you should do.

Other symbols: MATXZIM

Costamare Inc. Declares Special and Quarterly Dividend on its Common Stock and Quarterly Dividend on its Preferred Stock

MONACO, April 01, 2022 (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 Prefer...

7 Reliable Transportation Stocks to Buy Before Summer

The supply chain crisis is going to be here a while, these stocks will benefit

Other symbols: DACGATXGSLPTSITFIIZIM

Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2021

MONACO, March 28, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2021 (the “Annu...

Here's Why "Trend" Investors Would Love Betting on Costamare (CMRE)

Costamare (CMRE) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our sh...

Costamare (CMRE) is a Great Momentum Stock: Should You Buy?

Does Costamare (CMRE) have what it takes to be a top stock pick for momentum investors? Let's find out.

Costamare (CMRE) Surpasses Q4 Earnings and Revenue Estimates

Costamare (CMRE) delivered earnings and revenue surprises of 5.81% and 6.07%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2021

MONACO, March 09, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2021”) and year ended Decembe...

Is Costamare (CMRE) Outperforming Other Transportation Stocks This Year?

Here is how Costamare (CMRE) and Textainer Group (TGH) have performed compared to their sector so far this year.