Costamare Inc. (CMRE)
NYSE: CMRE · IEX Real-Time Price · USD
11.52
+0.16 (1.41%)
Apr 25, 2024, 4:00 PM EDT - Market closed
Costamare Stock Forecast
Stock Price Forecast
The 3 analysts with 12-month price forecasts for Costamare stock have an average target of 11, with a low estimate of 10 and a high estimate of 12. The average target predicts a decrease of -4.51% from the current stock price of 11.52.
Analyst Consensus: Buy
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '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 |
|---|---|---|---|---|---|---|---|
| Stifel | Stifel | Hold Maintains $12 → $12 | Hold | Maintains | $12 → $12 | +4.17% | Apr 19, 2024 |
| Citigroup | Citigroup | Strong Buy Maintains $13 → $11 | Strong Buy | Maintains | $13 → $11 | -4.51% | Oct 24, 2023 |
| Jefferies | Jefferies | Strong Buy → Hold Downgrades $15 → $10 | Strong Buy → Hold | Downgrades | $15 → $10 | -13.19% | Apr 24, 2023 |
| Jefferies | Jefferies | Strong Buy Maintains $17 → $15 | Strong Buy | Maintains | $17 → $15 | +30.21% | Feb 8, 2023 |
| Stifel | Stifel | Strong Buy → Hold Downgrades $13 → $11 | Strong Buy → Hold | Downgrades | $13 → $11 | -4.51% | Jan 13, 2023 |
Financial Forecast
Revenue This Year
1.24B
from 1.51B
Decreased by -17.76%
Revenue Next Year
1.15B
from 1.24B
Decreased by -7.56%
EPS This Year
2.81
from 2.95
Decreased by -4.92%
EPS Next Year
2.04
from 2.81
Decreased by -27.27%
Revenue Forecast
| Revenue | 2024 | 2025 |
|---|---|---|
| High | 1.5B | 1.4B |
| Avg | 1.2B | 1.1B |
| Low | 979.1M | 902.0M |
Revenue Growth
| Revenue Growth | 2024 | 2025 |
|---|---|---|
| High | -0.2% | 12.6% |
| Avg | -17.8% | -7.6% |
| Low | -35.2% | -27.4% |
EPS Forecast
| EPS | 2024 | 2025 |
|---|---|---|
| High | 3.22 | 2.94 |
| Avg | 2.81 | 2.04 |
| Low | 2.38 | 1.18 |
EPS Growth
| EPS Growth | 2024 | 2025 |
|---|---|---|
| High | 9.3% | 4.8% |
| Avg | -4.9% | -27.3% |
| Low | -19.3% | -58.1% |
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.