Costamare Inc. (CMRE)
NYSE: CMRE · IEX Real-Time Price · USD
14.36
-0.35 (-2.35%)
At close: Jul 19, 2024, 4:00 PM
14.42
+0.06 (0.42%)
After-hours: Jul 20, 2024, 12:58 PM EDT
Costamare Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Costamare stock have an average target of 11.67, with a low estimate of 11 and a high estimate of 12. The average target predicts a decrease of -18.73% from the current stock price of 14.36.
Analyst Consensus: Buy
* Price targets were last updated on May 10, 2024.
Analyst Ratings
The average analyst rating for Costamare stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
Rating | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
---|---|---|---|---|---|---|
Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
Buy | 0 | 0 | 0 | 0 | 0 | 0 |
Hold | 2 | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 3 | 3 | 3 | 3 | 3 | 3 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Jefferies | Jefferies | Hold Maintains $11 → $12 | Hold | Maintains | $11 → $12 | -16.43% | May 10, 2024 |
Stifel | Stifel | Hold Maintains $12 → $12 | Hold | Maintains | $12 → $12 | -16.43% | Apr 19, 2024 |
Citigroup | Citigroup | Strong Buy Maintains $13 → $11 | Strong Buy | Maintains | $13 → $11 | -23.40% | Oct 24, 2023 |
Jefferies | Jefferies | Strong Buy → Hold Downgrades $15 → $10 | Strong Buy → Hold | Downgrades | $15 → $10 | -30.36% | Apr 24, 2023 |
Jefferies | Jefferies | Strong Buy Maintains $17 → $15 | Strong Buy | Maintains | $17 → $15 | +4.46% | Feb 8, 2023 |
Financial Forecast
Revenue This Year
1.40B
from 1.51B
Decreased by -7.17%
Revenue Next Year
1.20B
from 1.40B
Decreased by -14.83%
EPS This Year
3.14
from 2.95
Increased by 6.32%
EPS Next Year
2.92
from 3.14
Decreased by -6.83%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 1.7B | 1.4B | 1.2B |
Avg | 1.4B | 1.2B | 1.0B |
Low | 1.1B | 946.2M | 832.8M |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 11.4% | 3.1% | -0.8% |
Avg | -7.2% | -14.8% | -15.5% |
Low | -25.6% | -32.6% | -30.3% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 3.52 | 3.49 | 2.76 |
Avg | 3.14 | 2.92 | 2.07 |
Low | 2.74 | 2.36 | 1.39 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 19.2% | 11.1% | -5.5% |
Avg | 6.3% | -6.8% | -29.3% |
Low | -7.0% | -24.7% | -52.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.