Costamare Statistics
Total Valuation
Costamare has a market cap or net worth of $1.71 billion. The enterprise value is $3.40 billion.
Important Dates
The last earnings date was Friday, November 1, 2024, before market open.
| Earnings Date | Nov 1, 2024 |
| Ex-Dividend Date | Oct 21, 2024 |
Share Statistics
Costamare has 119.80 million shares outstanding. The number of shares has decreased by -2.01% in one year.
| Current Share Class | 119.80M |
| Shares Outstanding | 119.80M |
| Shares Change (YoY) | -2.01% |
| Shares Change (QoQ) | +0.34% |
| Owned by Insiders (%) | 66.01% |
| Owned by Institutions (%) | 28.47% |
| Float | 37.56M |
Valuation Ratios
The trailing PE ratio is 4.75 and the forward PE ratio is 5.13.
| PE Ratio | 4.75 |
| Forward PE | 5.13 |
| PS Ratio | 0.84 |
| Forward PS | 1.18 |
| PB Ratio | 0.69 |
| P/TBV Ratio | 0.69 |
| P/FCF Ratio | 5.54 |
| P/OCF Ratio | 3.05 |
| PEG Ratio | n/a |
Financial Ratio HistoryEnterprise Valuation
The stock's EV/EBITDA ratio is 5.67, with an EV/FCF ratio of 11.01.
| EV / Earnings | 9.52 |
| EV / Sales | 1.68 |
| EV / EBITDA | 5.67 |
| EV / EBIT | 7.79 |
| EV / FCF | 11.01 |
Financial Position
The company has a current ratio of 1.65, with a Debt / Equity ratio of 0.97.
| Current Ratio | 1.65 |
| Quick Ratio | 1.36 |
| Debt / Equity | 0.97 |
| Debt / EBITDA | 1.92 |
| Debt / FCF | 8.02 |
| Interest Coverage | 2.88 |
Financial Efficiency
Return on equity (ROE) is 15.83% and return on invested capital (ROIC) is 5.38%.
| Return on Equity (ROE) | 15.83% |
| Return on Assets (ROA) | 5.16% |
| Return on Capital (ROIC) | 5.38% |
| Revenue Per Employee | $738,305 |
| Profits Per Employee | $130,008 |
| Employee Count | 2,750 |
| Asset Turnover | 0.38 |
| Inventory Turnover | 20.94 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +51.54% in the last 52 weeks. The beta is 1.37, so Costamare's price volatility has been higher than the market average.
| Beta (5Y) | 1.37 |
| 52-Week Price Change | +51.54% |
| 50-Day Moving Average | 14.37 |
| 200-Day Moving Average | 13.61 |
| Relative Strength Index (RSI) | 51.19 |
| Average Volume (20 Days) | 293,388 |
Short Selling Information
| Short Interest | 2.30M |
| Short Previous Month | 2.58M |
| Short % of Shares Out | 1.92% |
| Short % of Float | 6.13% |
| Short Ratio (days to cover) | 7.13 |
Income Statement
In the last 12 months, Costamare had revenue of $2.03 billion and earned $357.52 million in profits. Earnings per share was $3.01.
| Revenue | 2.03B |
| Gross Profit | 689.28M |
| Operating Income | 436.73M |
| Pretax Income | 369.69M |
| Net Income | 357.52M |
| EBITDA | 600.53M |
| EBIT | 436.73M |
| Earnings Per Share (EPS) | $3.01 |
Full Income StatementBalance Sheet
The company has $845.10 million in cash and $2.48 billion in debt, giving a net cash position of -$1.63 billion or -$13.63 per share.
| Cash & Cash Equivalents | 845.10M |
| Total Debt | 2.48B |
| Net Cash | -1.63B |
| Net Cash Per Share | -$13.63 |
| Equity (Book Value) | 2.55B |
| Book Value Per Share | 20.79 |
| Working Capital | 456.11M |
Full Balance SheetCash Flow
In the last 12 months, operating cash flow was $561.68 million and capital expenditures -$252.57 million, giving a free cash flow of $309.12 million.
| Operating Cash Flow | 561.68M |
| Capital Expenditures | -252.57M |
| Free Cash Flow | 309.12M |
| FCF Per Share | $2.58 |
Full Cash Flow StatementMargins
Gross margin is 33.95%, with operating and profit margins of 21.51% and 19.17%.
| Gross Margin | 33.95% |
| Operating Margin | 21.51% |
| Pretax Margin | 19.16% |
| Profit Margin | 19.17% |
| EBITDA Margin | 29.58% |
| EBIT Margin | 21.51% |
| FCF Margin | 17.05% |
Dividends & Yields
This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 3.22%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 3.22% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 15.29% |
| Buyback Yield | 2.01% |
| Shareholder Yield | 5.23% |
| Earnings Yield | 20.88% |
| FCF Yield | 18.06% |
Dividend DetailsAnalyst Forecast
The average price target for Costamare is $13.50, which is -5.53% lower than the current price. The consensus rating is "Hold".
| Price Target | $13.50 |
| Price Target Difference | -5.53% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock ForecastsStock Splits
This stock does not have any record of stock splits.
| Last Split Date | n/a |
| Split Type | n/a |
| Split Ratio | n/a |
Scores
Costamare has an Altman Z-Score of 1.43 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.43 |
| Piotroski F-Score | 7 |