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. [Read more]
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%.
Financial StatementsAnalyst 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.
News

Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2023
MONACO, Nov. 01, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2023”) and nine-months ended ...

Costamare Inc. Sets the Date for Its Third Quarter 2023 Results Release, Conference Call and Webcast
Earnings Release: Wednesday, November 1, 2023, Before Market Opens Conference Call and Webcast: Wednesday, November 1, 2023, at 8:30 a.m. ET

Costamare Inc. Announces Election of Class I Director at 2023 Annual Meeting of Stockholders
MONACO, Oct. 03, 2023 (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...

Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
MONACO, Oct. 02, 2023 (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 Prefe...

Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2023
MONACO, July 28, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2023”) and six-months ended ...

Costamare Inc. Sets the Date for Its Second Quarter 2023 Results Release, Conference Call and Webcast
Earnings Release: Friday, July 28, 2023, Before Market Opens Conference Call and Webcast: Friday, July 28, 2023, at 8:30 a.m. ET

Costamare Inc. Announces 2023 Annual Meeting of Stockholders
MONACO, July 12, 2023 (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 ...

Costamare Inc. Appoints New Chief Commercial Officer
MONACO, July 05, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “Costamare”) (NYSE: CMRE) has appointed Peter Lund as Chief Commercial Officer. He is expected to take up his position with Cos...

Costamare Inc. Declares Quarterly Dividend on its Preferred and Common Stock
MONACO, July 03, 2023 (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 Prefe...

Costamare Inc. Reports Results for the First Quarter Ended March 31, 2023
MONACO, May 15, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2023 (“Q1 2023”).

Costamare Inc. Sets the Date for Its First Quarter 2023 Results release, Conference Call and Webcast
Earnings Release: Monday, May 15, 2023, Before Market Opens Conference Call and Webcast: Monday, May 15, 2023, at 8:30 a.m. ET MONACO, May 10, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), anno...

Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2022
MONACO, April 03, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (t...

Costamare Inc. Announces Investment in Neptune Maritime Leasing Limited
MONACO, March 16, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) has agreed to become the leading investor in Neptune Maritime Leasing Limited (“Neptune Leasing”) ...

Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2022
MONACO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2022”) and year ended Decemb...

Costamare Inc. Sets the Date for Its Fourth Quarter 2022 Results Release, Conference Call and Webcast
Earnings Release: Wednesday, February 8, 2023, Before Market Opens Conference Call and Webcast: Wednesday, February 8, 2023, at 8:30 a.m. ET

Costamare Inc. Announces Formation of New Dry Bulk Operating Platform
MONACO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Following its strategic decision to enter the dry bulk sector at an opportune time in the cycle, Costamare Inc. (“Costamare” or the “Company”) has proceeded t...

Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2022
MONACO, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2022”) and nine-months ended ...

Costamare Inc. Sets the Date for Its Third Quarter 2022 Results Release, Conference Call and Webcast
Earnings Release: Wednesday, November 2, 2022, Before Market Opens Conference Call and Webcast: Wednesday, November 2, 2022, at 9:00 a.m. ET

Costamare Inc. Announces Election of Class III Directors at 2022 Annual Meeting of Stockholders
MONACO, Oct. 06, 2022 (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...

Costamare Inc. Announces 2022 Annual Meeting of Stockholders
MONACO, July 29, 2022 (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 ...

Costamare Inc. Reports Results for the Second Quarter and Six-Month Period Ended June 30, 2022
MONACO, July 28, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2022”) and six-months ended ...

Costamare Inc. Sets the Date for Its Second Quarter 2022 Results Release, Conference Call and Webcast
Earnings Release: Thursday, July 28, 2022, Before Market Opens Conference Call and Webcast: Thursday, July 28, 2022, at 10:00 a.m. ET

Costamare Inc. Announces Closing of $500 Million Syndicated Loan Facility
MONACO, May 26, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE: CMRE) announces the closing of a 5-year syndicated loan facility for an amount of up to $500 million. Proceeds from the loan will be used...

Costamare Inc. Reports Results for the First Quarter Ended March 31, 2022
MONACO, May 05, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2022 (“Q1 2022”).

Costamare Inc. Sets the Date for Its First Quarter 2022 Results Release, Conference Call and Webcast
Earnings Release: Thursday, May 5, 2022, Before Market Opens Conference Call and Webcast: Thursday, May 5, 2022, at 8:30 a.m. ET