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Costamare Inc. (CMRE)

Stock Price: $10.40 USD 0.06 (0.58%)
Updated May 18, 2021 1:05 PM EDT - Market open
Market Cap 1.27B
Revenue (ttm) 460.32M
Net Income (ttm) -21.59M
Shares Out 122.52M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE n/a
Dividend $0.40
Dividend Yield 3.85%
Trading Day May 18
Last Price $10.40
Previous Close $10.34
Change ($) 0.06
Change (%) 0.58%
Day's Open 10.36
Day's Range 10.17 - 10.47
Day's Volume 204,508
52-Week Range 4.16 - 11.39

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MONACO, May 12, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) announced today that its wholly owned subsidiary, Costamare Participations Plc (the “Issuer”), plans to offer in Gree...

6 days ago - GlobeNewsWire

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest v...

1 week ago - Zacks Investment Research

The stock market has boomed in the COVID era, driven by fiscal and monetary policy and surging retail-investor interest. Many ocean shipping stocks — with the glaring exception of tanker equities — have...

Other stocks mentioned: AMKBY, DAC, DHT, EDRY, EGLE, ESEA, EURN ...
2 weeks ago - FreightWaves

Costamare (CMRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

2 weeks ago - Zacks Investment Research

Costamare (CMRE) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

2 weeks ago - Zacks Investment Research

MONACO, April 26, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) announced today the acquisition of York Capital's 60% equity interest, on average, in five 11,000 TEU containership...

3 weeks ago - GlobeNewsWire

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other stocks mentioned: CRON, KGC, APTO, LOTZ
1 month ago - 24/7 Wall Street

3 Shipping Stocks to Tide Over Coronavirus-Led Industry Hurdles

Other stocks mentioned: DAC, DHT, FRO, GSL
1 month ago - Zacks Investment Research

Listed container-ship owners and operators won't report final Q1 results for another month, but three early disclosures give a taste of what's to come. The signals are flashing bright green.

Other stocks mentioned: ATCO, CPLP, DAC, ESEA, GSL, NMM
1 month ago - FreightWaves

There are plenty of stocks available under $10 that don't necessarily hit penny stock territory. Here are 7 diverse companies to look at.

Other stocks mentioned: AYRO, CRON, HVBTF, KGC, LOTZ, NOK
1 month ago - InvestorPlace

Costamare (CMRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).

1 month ago - Zacks Investment Research

Is (CMRE) Outperforming Other Transportation Stocks This Year?

1 month ago - Zacks Investment Research

MONACO, April 01, 2021 (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...

1 month ago - GlobeNewsWire

Top Ranked Income Stocks to Buy for March 19th

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1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for March 17th

Other stocks mentioned: ETH, FISI, MC
2 months ago - Zacks Investment Research

After a decade of head fakes and disappointments, investors can be forgiven their skepticism toward shipping stocks. Add to that the pandemic unknowns.

Other stocks mentioned: DHT, DSSI, EGLE, ESEA, FRO, GNK, GOGL ...
2 months ago - FreightWaves

Costamare (CMRE) closed at $10.49 in the latest trading session, marking a +1.16% move from the prior day.

2 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for March 9th

Other stocks mentioned: BG, HOPE, MC
2 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for March 5th

Other stocks mentioned: ALX, FISI, LYB
2 months ago - Zacks Investment Research

MONACO, March 01, 2021 (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, 2020 (the “Annu...

2 months ago - GlobeNewsWire

As of late, it has definitely been a great time to be an investor in Costamare Inc. (CMRE).

2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 24th

Other stocks mentioned: ATH, DAC, MDC
2 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 16th

Other stocks mentioned: LUMN, TMHC
3 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 10th

Other stocks mentioned: BGCP, DAC, ENVA
3 months ago - Zacks Investment Research

Top Ranked Value Stocks to Buy for February 8th

Other stocks mentioned: DAC, SB, VIST
3 months ago - Zacks Investment Research

Costamare's (CMRE) Management on Q4 2020 Results - Earnings Call Transcript

3 months ago - Seeking Alpha

Costamare (CMRE) delivered earnings and revenue surprises of 0.00% and -1.43%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?

3 months ago - Zacks Investment Research

Shares of Costamare (NYSE:CMRE) moved higher in after-market trading after the company reported Q4 results. Quarterly Results Earnings per share decreased 15.62% over the past year to $0.27, which beat ...

3 months ago - Benzinga

MONACO, Feb. 01, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2020”) and year ended December...

3 months ago - GlobeNewsWire

Earnings Release: Monday, February 1, 2021, After Market Close Conference Call and Webcast: Tuesday, February 2, 2021, at 8:30 a.m. ET

3 months ago - GlobeNewsWire

While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.

Other stocks mentioned: SWN, CHRA, MGY, RWT
3 months ago - 24/7 Wall Street

High yield for your IRA is easier to come by than high qualified yield for your taxable account. Regional banks, containership preferred, insurance companies, turnarounds, and companies with over-looked...

Other stocks mentioned: ATCO, GSL, KINS, NRIM, AMNF, PEBO
3 months ago - Seeking Alpha

Preferreds have continued powering higher on the back of lower volatility and spread compression. Few opportunities exist among IG preferreds but there are still some beaten-down high yield preferreds w...

Other stocks mentioned: ATCO, GOOD, GOODM, GSL, NYMT, NYMTM, NYMTN ...
4 months ago - Seeking Alpha

Shipping stocks struggled during most of 2020. The consensus was that a global pandemic would be bad for shipping. In reality, the majority of shipping companies themselves had a phenomenal year, with L...

Other stocks mentioned: UPS, XPO, EURN, FDX, FLNG, LPG, SBLK
4 months ago - Seeking Alpha

Costamare's common stock could potentially deliver great gains ahead, though industry and management-related risks remain. The preferreds enjoy ample coverage, offering a fat yield despite trading above...

4 months ago - Seeking Alpha

Container ship leasing rates are at decade highs and rising as current demand for worldwide containerized trade far outstrips ship capacity. Restrained ship ordering from years of trade tension uncertai...

Other stocks mentioned: ATCO, CPLP, DAC, ESEA, GSL, NMCI, NMM
4 months ago - Seeking Alpha

MONACO, Jan. 04, 2021 (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...

4 months ago - GlobeNewsWire

Costamare is a best-of-breed containership lessor which is poised to benefit from the surging charter market. CMRE has strong governance and proven prudent capital allocation, yet the stock has lagged r...

5 months ago - Seeking Alpha

The world's container liner business is now so consolidated that it can deftly match vessel capacity to cargo demand. This change — courtesy of mergers and alliances — is structural, not cyclical.

Other stocks mentioned: ATCO, DAC, GSL, NMCI
5 months ago - FreightWaves

Top Ranked Income Stocks to Buy for December 8th

Other stocks mentioned: BGS, TWO
5 months ago - Zacks Investment Research

MONACO, Dec. 04, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced today availability of its first Enviro...

5 months ago - GlobeNewsWire

3 Shipping Stocks Resilient to Coronavirus-Led Industry Challenges

Other stocks mentioned: CPLP, DAC
5 months ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for November 25th

Other stocks mentioned: DCP, EFC, NLY
5 months ago - Zacks Investment Research

Value Investor's Edge Live continues with this latest episode focused on the containership segment of the shipping industry. Greg Zikos, CFO of Costamare, joined us to discuss the surging containership ...

5 months ago - Seeking Alpha

This article reviews some buy rated preferreds in the portfolio from CMRE, AFIN, and MNR.

Other stocks mentioned: AFIN, AFINP, LAND, LANDP, NEWT, SACH
5 months ago - Seeking Alpha

Top Ranked Income Stocks to Buy for November 18th

Other stocks mentioned: DCP, NLY, SRLP
6 months ago - Zacks Investment Research

Shipping stocks have made waves this year as COVID caused a large decrease in charter rates followed by an extreme increase. Thus far, COVID and its lockdowns have resulted in a severe decline in the gl...

6 months ago - Seeking Alpha

Here are a handful of micro-cap stocks that are oversold and attractive for risk-taking investors. These also have high dividend yield.

Other stocks mentioned: ACB, GLOG, MRNA
6 months ago - InvestorPlace

Costamare Inc. (CMRE) Management on Q3 2020 Results - Earnings Call Transcript

6 months ago - Seeking Alpha

Costamare (CMRE) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front.

6 months ago - Zacks Investment Research

About CMRE

Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 19, 2021, it had a fleet of 77 containerships with a total capacity of approximately 555,810 twenty foot equivalent units, including 1 vessel under construction and 4 second hand vessels. The company was founded in 1974 and is based in Monaco.

Industry
Marine Shipping
IPO Date
Nov 4, 2010
CEO
Konstantinos Konstantakopoulos
Employees
1,704
Stock Exchange
NYSE
Ticker Symbol
CMRE
Full Company Profile

Financial Performance

In 2020, Costamare's revenue was $460.32 million, a decrease of -3.72% compared to the previous year's $478.11 million. Earnings were $8.88 million, a decrease of -91.03%.

Financial Statements

Analyst Forecasts

According to 3 analysts, the average rating for Costamare stock is "Strong Buy." The 12-month stock price forecast is 11.75, which is an increase of 12.98% from the latest price.

Price Target
$11.75
(12.98% upside)
Analyst Consensus: Strong Buy