Costamare Inc. (CMRE)
Stock Price:
$5.23 USD
-0.04 (-0.76%)
Updated Aug 12, 2020 4:00 PM EDT - Market closed
Key Info
| Market Cap |
626.47M |
| Revenue (ttm) |
481.37M |
| Net Income (ttm) |
99.00M |
| Shares Out |
120.72M |
| EPS (ttm) |
-0.02 |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| Dividend |
$0.40 |
| Dividend Yield |
7.65% |
Stock Quote
| Trading Day |
Aug 12, 2020 |
| Last Price |
$5.23 |
| Previous Close |
$5.27 |
| Change ($) |
-0.04 |
| Change (%) |
-0.76% |
| Day's Open |
5.39 |
| Day's Range |
5.15 - 5.42 |
| Day's Volume |
304,439 |
| 52-Week Range |
3.16 - 10.85 |
More Stats
| Market Cap |
626.47M |
| Enterprise Value |
2.01B |
| Earnings Date (est) |
Oct 21, 2020 |
| Ex-Dividend Date |
Jul 21, 2020 |
| Shares Outstanding |
120.72M |
| Float |
54.36M |
| EPS (basic) |
0.59 |
| EPS (diluted) |
-0.02 |
| FCF / Share |
1.81 |
| Dividend |
$0.40 |
| Dividend Yield |
7.65% |
| Earnings Yield |
n/a |
| FCF Yield |
33.47% |
| Payout Ratio |
n/a |
| Shares Short |
2.52M |
| Short Ratio |
3.33 |
| Short % of Float |
5.01% |
| Beta |
1.94 |
| PE Ratio |
n/a |
| Forward PE |
n/a |
| P/FCF Ratio |
2.99 |
| PS Ratio |
1.30 |
| PB Ratio |
0.43 |
| Revenue |
481.37M |
| Operating Income |
173.15M |
| Net Income |
99.00M |
| Free Cash Flow |
209.65M |
| Net Cash |
-1.38B |
| Net Cash / Share |
-11.53 |
| Gross Margin |
71.15% |
| Operating Margin |
35.97% |
| Profit Margin |
14.20% |
| FCF Margin |
43.55% |
| ROA |
4.29% |
| ROE |
2.12% |
| ROIC |
n/a |
Stats based on trailing-twelve-month (ttm) numbers.
Analyst Summary
Analyst Ratings (3)
| Buy |
1 |
| Overweight |
0 |
| Hold |
0 |
| Underweight |
0 |
| Sell |
2 |
Price Target
$7.33*
(40.15% upside)
Low
4.00
Current: $5.23
High
10.00
Target: 7.33
*Average 12-month price target from 3 stock analysts.
Financial Performance
Financial numbers in millions USD.
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|
| Revenue | 478 | 380 | 412 | 468 | 490 | 484 | 414 | 386 | 382 | 353 |
| Revenue Growth | 25.69% | -7.77% | -11.91% | -4.52% | 1.32% | 16.84% | 7.28% | 1.05% | 8.21% | - |
| Gross Profit | 351 | 261 | 303 | 357 | 367 | 356 | 292 | 265 | 265 | 248 |
| Operating Income | 173 | 117 | 137 | 166 | 218 | 215 | 169 | 155 | 171 | 156 |
| Net Income | 99.00 | 67.24 | 72.88 | 81.70 | 144 | 115 | 103 | 81.13 | 87.59 | 81.22 |
| Shares Outstanding | 116 | 110 | 101 | 77.24 | 75.03 | 74.80 | 74.80 | 67.61 | 60.30 | 49.11 |
| Earnings Per Share | 0.59 | 0.33 | 0.52 | 0.79 | 1.68 | 1.38 | 1.36 | 1.20 | 1.45 | 1.65 |
| EPS Growth | 78.79% | -36.54% | -34.18% | -52.98% | 21.74% | 1.47% | 13.33% | -17.24% | -12.12% | - |
| Dividend Per Share | 0.40 | 0.40 | 0.40 | 0.97 | 1.15 | 1.11 | 1.08 | 1.08 | 1.02 | - |
| Dividend Growth | 0% | 0% | -58.76% | -15.65% | 3.6% | 2.78% | 0% | 5.88% | - | - |
| Operating Cash Flow | 250 | 141 | 192 | 221 | 245 | 243 | 187 | 168 | 195 | 128 |
| Capital Expenditures | -40.74 | -129 | -37.28 | 0.84 | 1.90 | -65.99 | -628 | -237 | -290 | -31.88 |
| Free Cash Flow | 210 | 11.39 | 154 | 221 | 247 | 177 | -442 | -68.40 | -94.66 | 96.07 |
| Cash & Equivalents | 156 | 119 | 219 | 211 | 163 | 177 | 152 | 315 | 144 | 208 |
| Total Debt | 1,537 | 1,613 | 1,223 | 1,415 | 1,551 | 1,767 | 1,868 | 1,562 | 1,443 | 1,342 |
| Net Cash / Debt | -1,381 | -1,494 | -1,004 | -1,204 | -1,388 | -1,590 | -1,715 | -1,247 | -1,299 | -1,134 |
| Assets | 3,012 | 3,051 | 2,490 | 2,558 | 2,633 | 2,715 | 2,686 | 2,311 | 1,983 | 1,829 |
| Liabilities | 1,601 | 1,694 | 1,272 | 1,484 | 1,669 | 1,912 | 2,029 | 1,791 | 1,653 | 1,467 |
| Book Value | 1,411 | 1,357 | 1,219 | 1,074 | 964 | 803 | 657 | 520 | 330 | 362 |
Numbers in millions USD, except per-share numbers.
Company Details
| Full Name |
Costamare Inc. |
| Country |
Monaco |
| Employees |
1,700 |
| CEO |
Konstantinos Vasileios Konstantakopoulos |
Stock Information
| Ticker Symbol |
CMRE |
| Stock Exchange |
New York Stock Exchange |
| Sector |
Industrials |
| Industry |
Marine Shipping |
| Unique Identifier |
NYSE: CMRE |
| IPO Date |
November 4, 2010 |
Description
Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 25, 2020, it had a fleet of 75 containerships with a total capacity of approximately 547,000 twenty foot equivalent unit, including 5 vessels under construction. The company was founded in 1974 and is based in Monaco.