Costamare Statistics
Total Valuation
Costamare has a market cap or net worth of $1.29 billion. The enterprise value is $3.14 billion.
| Market Cap | 1.29B |
| Enterprise Value | 3.14B |
Important Dates
The next estimated earnings date is Monday, May 13, 2024, before market open.
| Earnings Date | May 13, 2024 |
| Ex-Dividend Date | Apr 18, 2024 |
Share Statistics
Costamare has 118.80 million shares outstanding. The number of shares has decreased by -2.17% in one year.
| Shares Outstanding | 118.80M |
| Shares Change (YoY) | -2.17% |
| Shares Change (QoQ) | -0.04% |
| Owned by Insiders (%) | 64.22% |
| Owned by Institutions (%) | 22.52% |
| Float | 45.49M |
Valuation Ratios
The trailing PE ratio is 3.62.
| PE Ratio | 3.62 |
| Forward PE | n/a |
| PS Ratio | 0.84 |
| Forward PS | 1.02 |
| PB Ratio | 0.53 |
| P/FCF Ratio | 4.34 |
| PEG Ratio | -0.80 |
Enterprise Valuation
The stock's EV/EBITDA ratio is 4.51, with an EV/FCF ratio of 10.76.
| EV / Earnings | 8.86 |
| EV / Sales | 2.08 |
| EV / EBITDA | 4.51 |
| EV / EBIT | 5.93 |
| EV / FCF | 10.76 |
Financial Position
The company has a current ratio of 1.69, with a Debt / Equity ratio of 1.11.
| Current Ratio | 1.69 |
| Quick Ratio | 1.29 |
| Debt / Equity | 1.11 |
| Debt / EBITDA | 3.80 |
| Debt / FCF | 9.06 |
| Interest Coverage | 3.67 |
Financial Efficiency
Return on equity (ROE) is 15.30% and return on invested capital (ROIC) is 9.25%.
| Return on Equity (ROE) | 15.30% |
| Return on Assets (ROA) | 6.80% |
| Return on Capital (ROIC) | 9.25% |
| Revenue Per Employee | $549,602 |
| Profits Per Employee | $128,975 |
| Employee Count | 2,750 |
| Asset Turnover | 0.29 |
| Inventory Turnover | 19.91 |
Taxes
| Income Tax | n/a |
| Effective Tax Rate | n/a |
Stock Price Statistics
The stock price has increased by +6.27% in the last 52 weeks. The beta is 1.35, so Costamare's price volatility has been higher than the market average.
| Beta (1Y) | 1.35 |
| 52-Week Price Change | +6.27% |
| 50-Day Moving Average | 11.23 |
| 200-Day Moving Average | 10.32 |
| Relative Strength Index (RSI) | 36.93 |
| Average Volume (30 Days) | 413,874 |
Short Selling Information
| Short Interest | 1.27M |
| Short Previous Month | 1.30M |
| Short % of Shares Out | 1.07% |
| Short % of Float | 2.78% |
| Short Ratio (days to cover) | 3.48 |
Income Statement
In the last 12 months, Costamare had revenue of $1.51 billion and earned $354.68 million in profits. Earnings per share was $2.95.
| Revenue | 1.51B |
| Gross Profit | 622.54M |
| Operating Income | 465.43M |
| Pretax Income | 385.75M |
| Net Income | 354.68M |
| EBITDA | 696.52M |
| EBIT | 530.18M |
| Earnings Per Share (EPS) | $2.95 |
Balance Sheet
The company has $773.68 million in cash and $2.65 billion in debt, giving a net cash position of -$1.87 billion or -$15.78 per share.
| Cash & Cash Equivalents | 773.68M |
| Total Debt | 2.65B |
| Net Cash | -1.87B |
| Net Cash Per Share | -$15.78 |
| Equity / Book Value | 2.38B |
| Book Value Per Share | 20.06 |
| Working Capital | 454.89M |
Cash Flow
In the last 12 months, operating cash flow was $331.37 million and capital expenditures -$39.26 million, giving a free cash flow of $292.11 million.
| Operating Cash Flow | 331.37M |
| Capital Expenditures | -39.26M |
| Free Cash Flow | 292.11M |
| FCF Per Share | $2.43 |
Margins
Gross margin is 41.19%, with operating and profit margins of 30.79% and 23.47%.
| Gross Margin | 41.19% |
| Operating Margin | 30.79% |
| Pretax Margin | 25.52% |
| Profit Margin | 23.47% |
| EBITDA Margin | 46.08% |
| EBIT Margin | 35.08% |
| FCF Margin | 19.33% |
Dividends & Yields
This stock pays an annual dividend of $0.46, which amounts to a dividend yield of 4.23%.
| Dividend Per Share | $0.46 |
| Dividend Yield | 4.23% |
| Dividend Growth (YoY) | n/a |
| Years of Dividend Growth | n/a |
| Payout Ratio | 15.59% |
| Buyback Yield | 2.17% |
| Shareholder Yield | 6.47% |
| Earnings Yield | 27.96% |
| FCF Yield | 23.02% |
Analyst Forecast
The average price target for Costamare is $10.50, which is -3.45% lower than the current price. The consensus rating is "Buy".
| Price Target | $10.50 |
| Price Target Difference | -3.45% |
| Analyst Consensus | Buy |
| Analyst Count | 2 |
| 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 1.26 and a Piotroski F-Score of 6. A Z-score under 3 suggests an increased risk of bankruptcy.
| Altman Z-Score | 1.26 |
| Piotroski F-Score | 6 |