Costamare Inc. (CMRE)

Market Cap	1.15B
Revenue (ttm)	1.28B
Net Income (ttm)	444.77M
Shares Out	120.01M
EPS (ttm)	3.65
PE Ratio	2.67
Forward PE	n/a
Dividend	$0.46 (4.72%)
Ex-Dividend Date	Oct 19, 2023

Volume	370,261
Open	9.88
Previous Close	9.89
Day's Range	9.68 - 10.04
52-Week Range	7.71 - 11.85
Beta	1.43
Analysts	Buy
Price Target	10.67 (+9.55%)
Earnings Date	Nov 1, 2023

About CMRE

Costamare Inc. engages in owning and chartering containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 21, 2023, it had a fleet of fleet of 71 containerships and 45 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: 2,700
• Stock Exchange: NYSE
• Ticker Symbol: CMRE

Financial Performance

In 2022, Costamare's revenue was $1.11 billion, an increase of 40.35% compared to the previous year's $793.64 million. Earnings were $523.89 million, an increase of 29.66%.

Analyst Forecast

According to 3 analysts, the average rating for CMRE stock is "Buy." The 12-month stock price forecast is $10.67, which is an increase of 9.55% from the latest price.

Price Target

$10.67

(9.55% upside)

Analyst Consensus: Buy