Costamare Statistics
Total Valuation
Costamare has a market cap or net worth of $1.71 billion. The enterprise value is $3.40 billion.
| Market Cap | 1.71B |
| Enterprise Value | 3.40B |
Important Dates
The next estimated earnings date is Tuesday, July 30, 2024, before market open.
| Earnings Date | Jul 30, 2024 |
| Ex-Dividend Date | Jul 19, 2024 |
Share Statistics
Costamare has 118.94 million shares outstanding. The number of shares has decreased by -3.19% in one year.
| Shares Outstanding | 118.94M |
| Shares Change (YoY) | -3.19% |
| Shares Change (QoQ) | +0.52% |
| Owned by Insiders (%) | 64.39% |
| Owned by Institutions (%) | 23.33% |
| Float | 36.96M |
Valuation Ratios
The trailing PE ratio is 5.57.
| PE Ratio | 5.57 |
| Forward PE | n/a |
| PS Ratio | 0.98 |
| Forward PS | 1.26 |
| PB Ratio | 0.69 |
| P/FCF Ratio | 6.03 |
| PEG Ratio | -0.80 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 5.28, with an EV/FCF ratio of 12.01.
| EV / Earnings | 11.08 |
| EV / Sales | 1.96 |
| EV / EBITDA | 5.28 |
| EV / EBIT | 7.11 |
| EV / FCF | 12.01 |
Financial Position
The company has a current ratio of 1.92, with a Debt / Equity ratio of 1.06.
| Current Ratio | 1.92 |
| Quick Ratio | 1.53 |
| Debt / Equity | 1.06 |
| Debt / EBITDA | 4.06 |
| Debt / FCF | 9.22 |
| Interest Coverage | 3.41 |
Financial Efficiency
Return on equity (ROE) is 13.00% and return on invested capital (ROIC) is 8.20%.
| Return on Equity (ROE) | 13.00% |
| Return on Assets (ROA) | 5.80% |
| Return on Capital (ROIC) | 8.20% |
| Revenue Per Employee | $632,024 |
| Profits Per Employee | $111,746 |
| Employee Count | 2,750 |
| Asset Turnover | 0.33 |
| Inventory Turnover | 20.21 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +45.34% in the last 52 weeks. The beta is 1.38, so Costamare's price volatility has been higher than the market average.
| Beta (5Y) | 1.38 |
| 52-Week Price Change | +45.34% |
| 50-Day Moving Average | 15.36 |
| 200-Day Moving Average | 11.73 |
| Relative Strength Index (RSI) | 36.54 |
| Average Volume (20 Days) | 824,588 |
Short Selling Information
| Short Interest | 2.32M |
| Short Previous Month | 1.46M |
| Short % of Shares Out | 1.95% |
| Short % of Float | 6.27% |
| Short Ratio (days to cover) | 2.67 |
Income Statement
In the last 12 months, Costamare had revenue of $1.74 billion and earned $307.30 million in profits. Earnings per share was $2.58.
| Revenue | 1.74B |
| Gross Profit | 661.13M |
| Operating Income | 417.45M |
| Pretax Income | 338.46M |
| Net Income | 307.30M |
| EBITDA | 644.65M |
| EBIT | 478.95M |
| Earnings Per Share (EPS) | $2.58 |
Balance Sheet
The company has $918.74 million in cash and $2.61 billion in debt, giving a net cash position of -$1.70 billion or -$14.26 per share.
| Cash & Cash Equivalents | 918.74M |
| Total Debt | 2.61B |
| Net Cash | -1.70B |
| Net Cash Per Share | -$14.26 |
| Equity (Book Value) | 2.47B |
| Book Value Per Share | 20.80 |
| Working Capital | 600.00M |
Cash Flow
In the last 12 months, operating cash flow was $432.04 million and capital expenditures -$148.56 million, giving a free cash flow of $283.48 million.
| Operating Cash Flow | 432.04M |
| Capital Expenditures | -148.56M |
| Free Cash Flow | 283.48M |
| FCF Per Share | $2.39 |
Margins
Gross margin is 38.04%, with operating and profit margins of 24.02% and 17.68%.
| Gross Margin | 38.04% |
| Operating Margin | 24.02% |
| Pretax Margin | 19.47% |
| Profit Margin | 17.68% |
| EBITDA Margin | 37.09% |
| EBIT Margin | 27.56% |
| FCF Margin | 16.31% |
Dividends & Yields
This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 3.20%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 3.20% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 17.83% |
| Buyback Yield | 3.19% |
| Shareholder Yield | 6.39% |
| Earnings Yield | 17.99% |
| FCF Yield | 16.60% |
Analyst Forecast
The average price target for Costamare is $11.67, which is -18.73% lower than the current price. The consensus rating is "Buy".
| Price Target | $11.67 |
| Price Target Difference | -18.73% |
| Analyst Consensus | Buy |
| Analyst Count | 3 |
| Revenue Growth Forecast (5Y) | n/a |
| EPS Growth Forecast (5Y) | n/a |
Stock 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 1.41 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.41 |
| Piotroski F-Score | 7 |