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Costamare Inc. (CMRE)

NYSE: CMRE · IEX Real-Time Price · USD
14.39 -0.03 (-0.21%)
Oct 22, 2021 4:00 PM EDT - Market closed
Market Cap1.78B
Revenue (ttm)520.54M
Net Income (ttm)180.01M
Shares Out123.42M
EPS (ttm)1.48
PE Ratio9.76
Forward PEn/a
Dividend$0.42 (2.88%)
Ex-Dividend DateOct 19, 2021
Volume449,503
Open14.51
Previous Close14.42
Day's Range14.07 - 14.55
52-Week Range5.34 - 16.59
Beta1.58
AnalystsStrong Buy
Price Target18.50 (+28.6%)
Est. Earnings DateOct 27, 2021

About CMRE

Costamare Inc. owns and charters containerships to liner companies worldwide. As of June 14, 2021, it had a fleet of 81 containerships with a total capacity of approximately 581,000 twenty foot equivalent units and 16 dry bulk vessels with a total capacity of approximately 932,000 DWT. The company was founded in 1974 and is based in Monaco.

IndustryMarine
IPO DateNov 4, 2010
CEOKonstantinos Konstantakopoulos
Employees1,704
Stock ExchangeNYSE
Ticker SymbolCMRE
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 Forecast

According to 3 analysts, the average rating for Costamare stock is "Strong Buy." The 12-month stock price forecast is 18.50, which is an increase of 28.56% from the latest price.

Price Target
$18.50
(28.56% upside)
Analyst Consensus: Strong Buy

News

Costamare (CMRE) Dips More Than Broader Markets: What You Should Know

Costamare (CMRE) closed at $14.39 in the latest trading session, marking a -0.21% move from the prior day.

7 hours ago - Zacks Investment Research

Costamare (CMRE) Earnings Expected to Grow: Should You Buy?

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.

3 days ago - Zacks Investment Research

3 Stocks Immune to America's Port Crisis

Christmas might be in trouble. These companies aren't.

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1 week ago - The Motley Fool

7 Best Cheap Stocks to Buy for October

With fundamentally strong value, these cheap stocks all trade at a forward P/E of less than 10 and look poised for a breakout on the upside. The post 7 Best Cheap Stocks to Buy for October appeared firs...

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2 weeks ago - InvestorPlace

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

MONACO, Oct. 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 Preferr...

3 weeks ago - GlobeNewsWire

Costamare Inc. Announces Election of Class II Directors at 2021 Annual Meeting of Stockholders

MONACO, Sept. 30, 2021 (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 ...

3 weeks ago - GlobeNewsWire

Shipping stocks hit fresh highs amid COVID-era supply chain chaos

The mainstream press is now awash in articles on global supply chain breakdowns, exorbitant shipping costs, clogged ports, emptying store shelves and rising inflation. That's good news for sentiment tow...

1 month ago - FreightWaves

Has Costamare (CMRE) Outpaced Other Transportation Stocks This Year?

Is (CMRE) Outperforming Other Transportation Stocks This Year?

1 month ago - Zacks Investment Research

Costamare (CMRE) Stock Reaches 52-Week High: What's Aiding It?

Costamare's (CMRE) ability to reward its shareholders through dividend payments even in these turbulent times is commendable.

1 month ago - Zacks Investment Research

Top Ranked Income Stocks to Buy for September 2nd

KMI, JNPR, R, and CMRE made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 2, 2021.

Other symbols:JNPRKMIR
1 month ago - Zacks Investment Research

5 Stocks With Recent Price Strength as Markets Move Northward

Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength like VRTV, GRIN, CMRE, PPC and CSV have a high chance of carrying the momentum forward.

Other symbols:CSVGRINPPCVRTV
1 month ago - Zacks Investment Research

Costamare (CMRE) Outpaces Stock Market Gains: What You Should Know

Costamare (CMRE) closed the most recent trading day at $14.65, moving +1.88% from the previous trading session.

1 month ago - Zacks Investment Research

Costamare (CMRE) Is a Great Choice for "Trend" Investors, Here's Why

Costamare (CMRE) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our ...

1 month ago - Zacks Investment Research

Costamare Inc. to Hold Virtual Annual Meeting of Stockholders for 2021

MONACO, Aug. 26, 2021 (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 20...

1 month ago - GlobeNewsWire

Is Costamare (CMRE) Stock Outpacing Its Transportation Peers This Year?

Is (CMRE) Outperforming Other Transportation Stocks This Year?

1 month ago - Zacks Investment Research

5 Stocks With Recent Price Strength Amid Robust Reopening

Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength like VRTV, LCUT, GRIN, CMRE and BIO have a high chance of carrying the momentum forward.

Other symbols:BIOGRINLCUTVRTV
2 months ago - Zacks Investment Research

4 Shipping Stocks to Buy on Economic Recovery-Led Demand Uptick

With the global economy on the mend, trading volumes should remain high. This scenario bodes well for the Zacks Transportation-Shipping industry, which comprises stocks like Star Bulk (SBLK), Costamare ...

Other symbols:EGLEGNKSBLK
2 months ago - Zacks Investment Research

The shipping industry is seeing a cascading impact of the pandemic, expert says

Michelle Wiese Bockmann, analyst at Lloyd's List, discusses shipping blockages.

2 months ago - CNBC International TV

5 Must-Have Breakout Stocks for Impressive Returns

CMRE, FBP, WSR, JMP, and BCBP qualified the screen for breakout stocks for today.

Other symbols:BCBPFBPJMPWSR
2 months ago - Zacks Investment Research

Here's What Could Help Costamare (CMRE) Maintain Its Recent Price Strength

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 months ago - Zacks Investment Research

4 Profitable Stocks to Boost Returns Using Net Income Ratio

DAC, BYD, CMRE, VIVO, and MGY qualified the screen for the net income ratio for the day.

Other symbols:BYDDACMGYVIVO
2 months ago - Zacks Investment Research

4 Shipping Stocks To Buy As the Global Economy Gains Steam

These four shipping stocks stand to gain as global economic growth gains traction and translates into healthy shipping rates. The post 4 Shipping Stocks To Buy As the Global Economy Gains Steam appeared...

Other symbols:DACDSXSHIP
2 months ago - InvestorPlace

Costamare Inc. Announces 2021 Annual Meeting of Stockholders

MONACO, July 28, 2021 (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 Bo...

2 months ago - GlobeNewsWire

Costamare (CMRE) Meets Q2 Earnings Estimates

Costamare (CMRE) delivered earnings and revenue surprises of 0.00% and 0.45%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

2 months ago - Zacks Investment Research

Costamare: Q2 Earnings Insights

Shares of Costamare (NYSE:CMRE) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share increased 80.77% year over year to $0.47, which missed the estimate of $0.54.

2 months ago - Benzinga