Costamare Inc. (CMRE)
| 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 |
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...
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...
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...
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.
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.
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...
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.
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Costamare (CMRE) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
Is (CMRE) Outperforming Other Transportation Stocks This Year?
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...
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Costamare (CMRE) closed at $10.49 in the latest trading session, marking a +1.16% move from the prior day.
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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...
As of late, it has definitely been a great time to be an investor in Costamare Inc. (CMRE).
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Costamare's (CMRE) Management on Q4 2020 Results - Earnings Call Transcript
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?
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 ...
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...
Earnings Release: Monday, February 1, 2021, After Market Close Conference Call and Webcast: Tuesday, February 2, 2021, at 8:30 a.m. ET
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.
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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...
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...
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...
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...
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.
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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...
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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 ...
This article reviews some buy rated preferreds in the portfolio from CMRE, AFIN, and MNR.
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Costamare Inc. (CMRE) Management on Q3 2020 Results - Earnings Call Transcript
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.
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 |
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%.
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.