CMRE vs. DAC, NMM, ZIM, LPG, CDLR, NVGS, DHT, SFL, GNK, and GSL
Should you be buying Costamare stock or one of its competitors? The main competitors of Costamare include Danaos (DAC), Navios Maritime Partners (NMM), ZIM Integrated Shipping Services (ZIM), Dorian LPG (LPG), Cadeler A/S (CDLR), Navigator (NVGS), DHT (DHT), SFL (SFL), Genco Shipping & Trading (GNK), and Global Ship Lease (GSL). These companies are all part of the "deep sea foreign transportation of freight" industry.
Costamare (NYSE:CMRE) and Danaos (NYSE:DAC) are both small-cap transportation companies, but which is the better stock? We will compare the two businesses based on the strength of their media sentiment, dividends, analyst recommendations, earnings, community ranking, profitability, valuation, institutional ownership and risk.
Costamare has a beta of 1.32, suggesting that its share price is 32% more volatile than the S&P 500. Comparatively, Danaos has a beta of 1.3, suggesting that its share price is 30% more volatile than the S&P 500.
Danaos has lower revenue, but higher earnings than Costamare. Danaos is trading at a lower price-to-earnings ratio than Costamare, indicating that it is currently the more affordable of the two stocks.
Danaos has a net margin of 59.19% compared to Costamare's net margin of 19.26%. Danaos' return on equity of 19.94% beat Costamare's return on equity.
Costamare received 130 more outperform votes than Danaos when rated by MarketBeat users. However, 55.98% of users gave Danaos an outperform vote while only 52.75% of users gave Costamare an outperform vote.
In the previous week, Costamare had 6 more articles in the media than Danaos. MarketBeat recorded 7 mentions for Costamare and 1 mentions for Danaos. Costamare's average media sentiment score of 0.93 beat Danaos' score of 0.00 indicating that Costamare is being referred to more favorably in the media.
58.1% of Costamare shares are owned by institutional investors. Comparatively, 19.0% of Danaos shares are owned by institutional investors. 23.2% of Costamare shares are owned by company insiders. Comparatively, 41.0% of Danaos shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.
Costamare currently has a consensus price target of $11.67, suggesting a potential downside of 20.36%. Danaos has a consensus price target of $90.00, suggesting a potential upside of 5.70%. Given Danaos' stronger consensus rating and higher probable upside, analysts plainly believe Danaos is more favorable than Costamare.
Costamare pays an annual dividend of $0.46 per share and has a dividend yield of 3.1%. Danaos pays an annual dividend of $3.20 per share and has a dividend yield of 3.8%. Costamare pays out 17.8% of its earnings in the form of a dividend. Danaos pays out 11.0% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Danaos is clearly the better dividend stock, given its higher yield and lower payout ratio.
Summary
Danaos beats Costamare on 12 of the 19 factors compared between the two stocks.
Get Costamare News Delivered to You Automatically
Sign up to receive the latest news and ratings for CMRE and its competitors with MarketBeat's FREE daily newsletter.
This chart shows the number of new MarketBeat users adding CMRE and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Costamare Competitors List
Related Companies and Tools
