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Costamare Inc. (CMRE)

Stock Price: $10.11 USD 0.21 (2.12%)
Updated Feb 24, 2021 4:00 PM EST - Market closed
After-hours: $10.18 +0.07 (0.69%) Feb 24, 5:35 PM
Market Cap 1.20B
Revenue (ttm) 478.11M
Net Income (ttm) 67.73M
Shares Out 115.75M
EPS (ttm) -0.18
PE Ratio n/a
Forward PE n/a
Dividend $0.40
Dividend Yield 3.96%
Trading Day February 24
Last Price $10.11
Previous Close $9.90
Change ($) 0.21
Change (%) 2.12%
Day's Open 9.97
Day's Range 9.91 - 10.43
Day's Volume 782,397
52-Week Range 2.99 - 10.43

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Zacks Investment Research - 8 hours ago

Top Ranked Value Stocks to Buy for February 24th

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Zacks Investment Research - 1 week ago

Top Ranked Value Stocks to Buy for February 16th

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Zacks Investment Research - 2 weeks ago

Top Ranked Value Stocks to Buy for February 10th

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Zacks Investment Research - 2 weeks ago

Top Ranked Value Stocks to Buy for February 8th

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Seeking Alpha - 3 weeks ago

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

Zacks Investment Research - 3 weeks ago

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?

Benzinga - 3 weeks ago

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, w...

GlobeNewsWire - 3 weeks ago

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 ende...

GlobeNewsWire - 3 weeks ago

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

24/7 Wall Street - 1 month ago

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
Seeking Alpha - 1 month ago

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 o...

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Seeking Alpha - 1 month ago

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 pr...

Other stocks mentioned: ATCO, GOOD, GOODM, GSL, NYMT, NYMTM, NYMTN, NYMTO, NYMTP, PFF, RILY, RILYP, SACH, TLT
Seeking Alpha - 1 month ago

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 ye...

Other stocks mentioned: UPS, XPO, EURN, FDX, FLNG, LPG, SBLK
Seeking Alpha - 1 month ago

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 tra...

Seeking Alpha - 1 month ago

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 tensio...

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

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 Perpetu...

Seeking Alpha - 2 months ago

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 ha...

FreightWaves - 2 months ago

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 cycli...

Other stocks mentioned: ATCO, DAC, GSL, NMCI
Zacks Investment Research - 2 months ago

Top Ranked Income Stocks to Buy for December 8th

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GlobeNewsWire - 2 months ago

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 fi...

Zacks Investment Research - 2 months ago

3 Shipping Stocks Resilient to Coronavirus-Led Industry Challenges

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

Top Ranked Income Stocks to Buy for November 25th

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Seeking Alpha - 3 months ago

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 cont...

Seeking Alpha - 3 months ago

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

Other stocks mentioned: AFIN, AFINP, LAND, LANDP, NEWT, SACH
Zacks Investment Research - 3 months ago

Top Ranked Income Stocks to Buy for November 18th

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Seeking Alpha - 3 months ago

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...

InvestorPlace - 3 months ago

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

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Seeking Alpha - 3 months ago

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

Zacks Investment Research - 3 months ago

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.

Zacks Investment Research - 3 months ago

Costamare (CMRE) delivered earnings and revenue surprises of -4.35% and -4.40%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 3 months ago

Shares of Costamare (NYSE:CMRE) fell 0.9% in after-market trading after the company reported Q3 results. Quarterly Results Earnings per share fell 15.38% year over year to $0.22, which were in...

GlobeNewsWire - 3 months ago

MONACO, Oct. 27, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2020”) and nine-month...

GlobeNewsWire - 4 months ago

Earnings Release: Tuesday, October 27 , 2020, After Market Close   Conference Call and Webcast: Wednesday, October 28, 2020 , at 8:30 a.m. ET

Zacks Investment Research - 4 months ago

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.

The Motley Fool - 4 months ago

The container shipping magnate may have just been caught by a rogue wave that swamped the industry.

GlobeNewsWire - 4 months ago

MONACO, Oct. 02, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced the election of one Class I ...

GlobeNewsWire - 4 months ago

MONACO, Oct. 02, 2020 (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 Perpetu...

Zacks Investment Research - 4 months ago

Costamare (CMRE) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.

The Motley Fool - 4 months ago

Citigroup upgrades. Investors respond.

The Motley Fool - 4 months ago

The S&P 500 is clearly overvalued, but not all stocks are expensive.

Seeking Alpha - 5 months ago

Shipping is not a favored sector in 2020. Outside of the energy space, it is difficult to find a more beleaguered performer.

Other stocks mentioned: ATCO, CAI, CPLP, DAC, GSL, NMCI, TGH, TRTN
Investopedia - 5 months ago

These are the shipping stocks are the best for value, fastest growth, and performance for Q4 2020.

Other stocks mentioned: INSW, KNOP, MATX, NAT, SBLK
Benzinga - 5 months ago

Containers have wrestled the ocean-shipping headlines away from tankers and bulkers as stratospheric China-to-California box rates approach $4,000 per forty-foot equivalent unit (FEU).

Other stocks mentioned: AMKBY, ATCO, CAI, CPLP, DAC, ESEA, GSL, MATX, NAT, NMCI, NMM, TGH, TRTN
GlobeNewsWire - 5 months ago

MONACO, Sept. 16, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced today that its 2020 annua...

Zacks Investment Research - 5 months ago

Is Costamare (CMRE) a great pick from the value investor's perspective right now? Read on to know more.

Seeking Alpha - 6 months ago

Costamare Inc. (CMRE) Management on Q2 2020 Results - Earnings Call Transcript

GlobeNewsWire - 6 months ago

MONACO, July 28, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced today that its Board of Di...

Zacks Investment Research - 6 months ago

Costamare (CMRE) delivered earnings and revenue surprises of 8.33% and -7.09%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Benzinga - 6 months ago

Shares of Costamare (NYSE:CMRE) were unchanged in after-market trading after the company reported Q2 results.

GlobeNewsWire - 6 months ago

MONACO, July 27, 2020 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2020”) and six-mon...

About CMRE

Costamare 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.

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

Financial Performance

In 2019, Costamare's revenue was $478.11 million, an increase of 25.69% compared to the previous year's $380.40 million. Earnings were $99.00 million, an increase of 47.23%.

Financial Statements

Analyst Forecasts

According to 3 analysts, the average rating for Costamare stock is "Strong Buy." The 12-month stock price forecast is 10.00, which is a decrease of -1.09% from the latest price.

Price Target
$10.00
(-1.09% downside)
Analyst Consensus: Strong Buy