NYSE:CMRE Costamare (CMRE) Stock Price, News & Analysis → get a piece of the profit from this land (From True Market Insiders) (Ad) Free CMRE Stock Alerts $14.65 +0.20 (+1.38%) (As of 05/17/2024 ET) Add Compare Share Share Today's Range$14.40▼$14.7650-Day Range$10.68▼$14.6552-Week Range$7.71▼$14.76Volume631,552 shsAverage Volume560,869 shsMarket Capitalization$1.72 billionP/E Ratio5.68Dividend Yield3.14%Price Target$11.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Costamare alerts: Email Address Costamare MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside20.4% Downside$11.67 Price TargetShort InterestHealthy3.20% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews Sentiment0.93Based on 8 Articles This WeekInsider TradingN/AProj. Earnings Growth-6.82%From $3.08 to $2.87 Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.2.49 out of 5 starsTransportation Sector72nd out of 112 stocksDeep Sea Foreign Transportation Of Freight Industry20th out of 26 stocks 1.2 Analyst's Opinion Consensus RatingCostamare has received a consensus rating of Hold. The company's average rating score is 2.33, and is based on 1 buy rating, 2 hold ratings, and no sell ratings.Amount of Analyst CoverageCostamare has only been the subject of 2 research reports in the past 90 days.Read more about Costamare's stock forecast and price target. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.20% of the float of Costamare has been sold short.Short Interest Ratio / Days to CoverCostamare has a short interest ratio ("days to cover") of 3.4, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Costamare has recently increased by 12.10%, indicating that investor sentiment is decreasing significantly. Previous Next 2.5 Dividend Strength Dividend YieldCostamare pays a meaningful dividend of 3.18%, higher than the bottom 25% of all stocks that pay dividends.Dividend GrowthCostamare does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Costamare is 17.83%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Costamare will have a dividend payout ratio of 16.03% next year. This indicates that Costamare will be able to sustain or increase its dividend.Read more about Costamare's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for CMRE. Previous Next 3.9 News and Social Media Coverage News SentimentCostamare has a news sentiment score of 0.93. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.58 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 8 news articles for Costamare this week, compared to 2 articles on an average week.Search Interest12 people have searched for CMRE on MarketBeat in the last 30 days. This is an increase of 33% compared to the previous 30 days.MarketBeat Follows2 people have added Costamare to their MarketBeat watchlist in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Costamare insiders have not sold or bought any company stock.Percentage Held by Insiders23.20% of the stock of Costamare is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions58.08% of the stock of Costamare is held by institutions. High institutional ownership can be a signal of strong market trust in this company.Read more about Costamare's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Costamare are expected to decrease by -6.82% in the coming year, from $3.08 to $2.87 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Costamare is 5.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 133.01.Price to Earnings Ratio vs. SectorThe P/E ratio of Costamare is 5.68, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 22.80.Price to Book Value per Share RatioCostamare has a P/B Ratio of 0.68. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.Read more about Costamare's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Paradigm PressForget Bitcoin. Crypto Millionaire Predicts 8,788% Gains For THISYou might have seen that Bitcoin was one of the best performing assets of 2023. It gained 164%. But a crypto millionaire who has been tracking the space for more than a decade has ABANDONED Bitcoin. He found something better.Click here to find out that this 8,788% cryptocurrency is. About Costamare Stock (NYSE:CMRE)Costamare Inc. owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 19, 2024, it had a fleet of fleet of 68 containerships and 37 dry bulk vessels. The company was founded in 1974 and is based in Monaco.Read More CMRE Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart CMRE Stock News HeadlinesMay 17 at 7:00 AM | investorplace.comWall Street Favorites: 3 Transportation Stocks With Strong Buy Ratings for May 2024May 15, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Upgraded to Strong-Buy by StockNews.comMay 14, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Price Target Raised to $12.00May 13, 2024 | uk.investing.comEarnings call: Costamare Inc. reports solid Q1 2024 performanceMay 13, 2024 | investorplace.comPocket-Sized Powerhouses: 7 Small-Cap Value Stocks Ready to RoarMay 12, 2024 | finance.yahoo.comCostamare Inc. (NYSE:CMRE) Q1 2024 Earnings Call TranscriptMay 11, 2024 | finance.yahoo.comCostamare First Quarter 2024 Earnings: EPS: US$0.79 (vs US$1.16 in 1Q 2023)May 11, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Sees Strong Trading Volume Following Analyst UpgradeMay 10, 2024 | investorplace.comCMRE Stock Earnings: Costamare Misses EPS, Beats Revenue for Q1 2024May 10, 2024 | washingtonpost.comCostamare: Q1 Earnings SnapshotMay 10, 2024 | globenewswire.comCostamare Inc. Reports Results for the First Quarter Ended March 31, 2024May 9, 2024 | americanbankingnews.comCostamare (CMRE) Set to Announce Quarterly Earnings on FridayMay 7, 2024 | globenewswire.comCostamare Inc. Sets the Date for Its First Quarter 2024 Results Release, Conference Call and WebcastApril 29, 2024 | investorplace.com7 Diamond-in-the-Rough Stocks Worth Digging Up NowApril 27, 2024 | finance.yahoo.comReturns Are Gaining Momentum At Costamare (NYSE:CMRE)April 16, 2024 | finance.yahoo.comZacks Industry Outlook Highlights Danaos, Costamare and Seanergy MaritimeApril 6, 2024 | finance.yahoo.comCostamare (NYSE:CMRE) Will Pay A Dividend Of $0.115April 3, 2024 | msn.comCostamare Inc. PERP PFD SER C declares $0.5313 dividendApril 3, 2024 | finance.yahoo.comCostamare Full Year 2023 Earnings: EPS: US$2.95 (vs US$4.26 in FY 2022)April 2, 2024 | msn.comCostamare Inc. PERP PFD SER B declares $0.4766 dividendApril 2, 2024 | msn.comCostamare Inc. 8.87% CUM PFD E declares $0.5547 dividendApril 2, 2024 | globenewswire.comCostamare Inc. Declares Quarterly Dividend on Its Preferred and Common StockMarch 29, 2024 | globenewswire.comCostamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2023March 18, 2024 | seekingalpha.comCostamare PFD E: No Obvious Credit Angle, No Obvious Duration AngleMarch 15, 2024 | wsj.comCostamare Inc.See More Headlines Receive CMRE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Costamare and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings2/07/2024Ex-Dividend for 5/6 Dividend4/18/2024Dividend Payable5/06/2024Today5/18/2024Next Earnings (Estimated)7/26/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryN/A Current SymbolNYSE:CMRE CUSIPN/A CIK1503584 Webwww.costamare.com Phone(779) 325-0940Fax377-9325-0942Employees2,750Year Founded1974Price Target and Rating Average Stock Price Target$11.67 High Stock Price Target$12.00 Low Stock Price Target$11.00 Potential Upside/Downside-20.4%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.58 Trailing P/E Ratio5.68 Forward P/E Ratio4.76 P/E GrowthN/ANet Income$385.75 million Net Margins19.26% Pretax Margin19.26% Return on Equity12.61% Return on Assets5.74% Debt Debt-to-Equity Ratio0.80 Current Ratio1.91 Quick Ratio1.59 Sales & Book Value Annual Sales$1.51 billion Price / Sales1.14 Cash Flow$4.13 per share Price / Cash Flow3.55 Book Value$21.51 per share Price / Book0.68Miscellaneous Outstanding Shares117,640,000Free Float90,349,000Market Cap$1.72 billion OptionableOptionable Beta1.32 Social Links 10 "Recession Proof" Stocks That Will Thrive in Any MarketWhich stocks are likely to thrive in today's challenging market? Click the link below and we'll send you MarketBeat's list of ten stocks that will drive in any economic environment.Get This Free Report Key ExecutivesMr. Konstantinos V. Konstantakopoulos (Age 55)Chairman & CEO Mr. Gregory G. Zikos (Age 55)CFO & Director Mr. Anastasios Gabrielides (Age 59)General Counsel & Secretary Mr. Peter LundChief Commercial OfficerKey CompetitorsDanaosNYSE:DACCadeler A/SNYSE:CDLRDorian LPGNYSE:LPGNavios Maritime PartnersNYSE:NMMSFLNYSE:SFLView All CompetitorsInstitutional OwnershipTidal Investments LLCBought 8,806 shares on 5/17/2024Ownership: 0.047%Bridgeway Capital Management LLCBought 270,168 shares on 5/16/2024Ownership: 1.346%B. Riley Wealth Advisors Inc.Bought 11,644 shares on 5/16/2024Ownership: 0.010%California State Teachers Retirement SystemSold 2,975 shares on 5/16/2024Ownership: 0.004%Lazard Asset Management LLCSold 856 shares on 5/15/2024Ownership: 0.008%View All Institutional Transactions CMRE Stock Analysis - Frequently Asked Questions Should I buy or sell Costamare stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costamare in the last twelve months. There are currently 2 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "hold" CMRE shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in CMRE, but not buy additional shares or sell existing shares. View CMRE analyst ratings or view top-rated stocks. What is Costamare's stock price target for 2024? 3 Wall Street analysts have issued 1 year price targets for Costamare's shares. Their CMRE share price targets range from $11.00 to $12.00. On average, they expect the company's stock price to reach $11.67 in the next year. This suggests that the stock has a possible downside of 20.4%. View analysts price targets for CMRE or view top-rated stocks among Wall Street analysts. How have CMRE shares performed in 2024? Costamare's stock was trading at $10.41 at the beginning of the year. Since then, CMRE stock has increased by 40.7% and is now trading at $14.65. View the best growth stocks for 2024 here. Are investors shorting Costamare? Costamare saw a increase in short interest during the month of April. As of April 30th, there was short interest totaling 1,390,000 shares, an increase of 12.1% from the April 15th total of 1,240,000 shares. Based on an average trading volume of 405,200 shares, the days-to-cover ratio is currently 3.4 days. Approximately 3.2% of the company's shares are sold short. View Costamare's Short Interest. When is Costamare's next earnings date? The company is scheduled to release its next quarterly earnings announcement on Friday, July 26th 2024. View our CMRE earnings forecast. How were Costamare's earnings last quarter? Costamare Inc. (NYSE:CMRE) announced its quarterly earnings data on Wednesday, February, 7th. The shipping company reported $0.68 EPS for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. The shipping company had revenue of $494.85 million for the quarter, compared to the consensus estimate of $419 million. Costamare had a trailing twelve-month return on equity of 12.61% and a net margin of 19.26%. During the same quarter in the previous year, the business earned $0.61 earnings per share. How often does Costamare pay dividends? What is the dividend yield for Costamare? Costamare declared a quarterly dividend on Tuesday, April 2nd. Investors of record on Friday, April 19th will be paid a dividend of $0.115 per share on Monday, May 6th. This represents a $0.46 dividend on an annualized basis and a yield of 3.14%. The ex-dividend date is Thursday, April 18th. Read our dividend analysis for CMRE. Is Costamare a good dividend stock? Costamare (NYSE:CMRE) pays an annual dividend of $0.46 per share and currently has a dividend yield of 3.18%. The dividend payout ratio is 17.83%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMRE will have a dividend payout ratio of 16.03% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CMRE. What ETFs hold Costamare's stock? ETFs with the largest weight of Costamare (NYSE:CMRE) stock in their portfolio include SonicShares Global Shipping ETF (BOAT) and Roundhill Acquirers Deep Value ETF (DEEP).EA Bridgeway Omni Small-Cap Value ETF (BSVO). What other stocks do shareholders of Costamare own? Based on aggregate information from My MarketBeat watchlists, some companies that other Costamare investors own include Intersect ENT (XENT), SEASPAN CORP/SH SH (SSW), AT&T (T), Enterprise Products Partners (EPD), Wells Fargo & Company (WFC), Annaly Capital Management (NLY), Textainer Group (TGH), Energy Transfer (ET), AGNC Investment (AGNC) and DHT (DHT). Who are Costamare's major shareholders? Costamare's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Bridgeway Capital Management LLC (1.35%), Empowered Funds LLC (0.43%), Vanguard Group Inc. (0.27%), Los Angeles Capital Management LLC (0.19%), Russell Investments Group Ltd. (0.12%) and Acadian Asset Management LLC (0.09%). How do I buy shares of Costamare? Shares of CMRE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NYSE:CMRE) was last updated on 5/19/2024 by MarketBeat.com Staff From Our PartnersCEO of Biggest AI Chipmaker Just Dropped a Bombshell…Banyan Hill PublishingForget Bitcoin: This $8 Stock Is the Next Big ThingBehind the MarketsShocking $16T Elon Musk Crypto LeakCrypto 101 MediaDems have chosen Biden replacement?Paradigm PressExposed: 10 CENT Crypto to Explode May 20th?True Market Insiders[URGENT] DO NOT Touch These AI Stocks!Weiss RatingsPOTUS in ‘25 Not Biden/Trump, ButThe Freeport Society41 banks launch ‘crypto dollar’Stansberry Research Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Costamare Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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