Costamare Inc. (CMRE)

NYSE: CMRE · IEX Real-Time Price · USD
11.52
+0.16 (1.41%)
Apr 25, 2024, 4:00 PM EDT - Market closed
1.41%
Market Cap 1.37B
Revenue (ttm) 1.51B
Net Income (ttm) 354.68M
Shares Out 118.80M
EPS (ttm) 2.95
PE Ratio 3.85
Forward PE n/a
Dividend $0.46 (3.99%)
Ex-Dividend Date Apr 18, 2024
Volume 452,237
Open 11.32
Previous Close 11.36
Day's Range 11.27 - 11.57
52-Week Range 7.71 - 11.85
Beta 1.35
Analysts Buy
Price Target 11.00 (-4.51%)
Earnings Date May 13, 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]

Industry Marine Shipping
Sector Industrials
IPO Date Nov 4, 2010
Employees 2,750
Stock Exchange NYSE
Ticker Symbol CMRE
Full Company Profile

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 Statements

Analyst Forecast

According to 3 analysts, the average rating for CMRE stock is "Buy." The 12-month stock price forecast is $11.0, which is a decrease of -4.51% from the latest price.

Price Target
$11.0
(-4.51% downside)
Analyst Consensus: Buy
Stock Forecasts

News

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

MONACO, April 02, 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 Pref...

23 days ago - GlobeNewsWire

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...

27 days ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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

2 months ago - GlobeNewsWire

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. ...

4 months ago - GuruFocus

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 ...

6 months ago - GlobeNewsWire

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

6 months ago - GlobeNewsWire

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...

7 months ago - GlobeNewsWire

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 ...

9 months ago - GlobeNewsWire

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

9 months ago - GlobeNewsWire

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 ...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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...

10 months ago - GlobeNewsWire

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”).

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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”) ...

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

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

1 year ago - GlobeNewsWire

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...

1 year ago - GlobeNewsWire

Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2022

MONACO, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2022”) and nine-months ended ...

1 year ago - GlobeNewsWire

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

Earnings Release: Wednesday, November 2, 2022, Before Market Opens Conference Call and Webcast: Wednesday, November 2, 2022, at 9:00 a.m. ET

1 year ago - GlobeNewsWire

Costamare Inc. Announces Election of Class III Directors at 2022 Annual Meeting of Stockholders

MONACO, Oct. 06, 2022 (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...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire

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 ...

1 year ago - GlobeNewsWire