NYSE:CMRE Costamare (CMRE) Stock Price, News & Analysis $13.15 -0.15 (-1.13%) (As of 09/6/2024 ET) Add Compare Share Share Today's Range$12.97▼$13.3150-Day Range$13.16▼$16.9852-Week Range$8.54▼$17.58Volume450,049 shsAverage Volume535,132 shsMarket Capitalization$1.55 billionP/E Ratio5.10Dividend Yield3.50%Price Target$12.67 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Costamare alerts: Email Address Costamare MarketRank™ Stock AnalysisAnalyst RatingHold2.33 Rating ScoreUpside/Downside3.7% Downside$12.67 Price TargetShort InterestBearish6.24% of Float Sold ShortDividend StrengthModerateBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-8.20%From $3.05 to $2.80 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.1.18 out of 5 starsTransportation Sector104th out of 120 stocksDeep Sea Foreign Transportation Of Freight Industry25th out of 27 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 2.0 Short Interest Percentage of Shares Shorted6.24% of the float of Costamare has been sold short.Short Interest Ratio / Days to CoverCostamare has a short interest ratio ("days to cover") of 4.Change versus previous monthShort interest in Costamare has recently decreased by 0.37%, indicating that investor sentiment is improving. Previous Next 2.5 Dividend Strength Dividend YieldCostamare pays a meaningful dividend of 3.29%, 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 16.43% 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 1.3 News and Social Media Coverage News SentimentCostamare has a news sentiment score of 0.30. 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 lower news sentiment than the 0.52 average news sentiment score of Transportation companies.Search InterestOnly 5 people have searched for CMRE on MarketBeat in the last 30 days. This is a decrease of -62% 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 -8.20% in the coming year, from $3.05 to $2.80 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Costamare is 5.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 127.80.Price to Earnings Ratio vs. SectorThe P/E ratio of Costamare is 5.10, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 20.49.Price to Book Value per Share RatioCostamare has a P/B Ratio of 0.62. 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 Sasco Gold LLCSay Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... [RUSH MY FREE GUIDE] 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 HeadlinesAugust 31, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Stock Crosses Above 200-Day Moving Average of $13.41August 28, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Upgraded at StockNews.comSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 28, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Rating Increased to Buy at StockNews.comAugust 21, 2024 | finance.yahoo.comCostamare's (NYSE:CMRE) investors will be pleased with their stellar 225% return over the last five yearsAugust 18, 2024 | ca.finance.yahoo.comCMRE Mar 2025 19.000 callAugust 18, 2024 | ca.finance.yahoo.comCMRE Jan 2025 15.000 putAugust 18, 2024 | ca.finance.yahoo.comCMRE Sep 2024 16.000 putSeptember 7, 2024 | Sasco Gold LLC (Ad)Say Goodbye to the US DollarThe warning signs are everywhere… According to experts, the United States Dollar is "as good as doomed." I believe the American people deserve to control the fate of their own life savings which is why I had my team put together our latest guide to protect your hard-earned wealth before it's too late... August 17, 2024 | ca.finance.yahoo.comCMRE Mar 2025 14.000 callAugust 17, 2024 | ca.finance.yahoo.comCMRE Dec 2024 14.000 putAugust 17, 2024 | ca.finance.yahoo.comCMRE Jan 2026 12.000 putAugust 4, 2024 | seekingalpha.comCostamare: Potential Bagger, But I Haven't Bought Shares YetAugust 4, 2024 | seekingalpha.comCostamare Inc. (CMRE) Q2 2024 Earnings Call TranscriptAugust 2, 2024 | markets.businessinsider.comCostamare (CMRE) Receives a Rating Update from a Top AnalystJuly 30, 2024 | msn.comCostamare Q2 2024 Earnings PreviewJuly 27, 2024 | msn.comCostamare Inc. (CMRE): A Good Shipping and Container Stock to Buy According to Hedge Funds?July 26, 2024 | globenewswire.comCostamare Inc. Sets the Date for Its Second Quarter 2024 Results Release, Conference Call and WebcastSee 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 Ex-Dividend for 8/6 Dividend7/19/2024Last Earnings7/31/2024Dividend Payable8/06/2024Today9/07/2024Next Earnings (Estimated)11/06/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorTransportation Industry Deep sea foreign transportation of freight Sub-IndustryTransportation Current SymbolNYSE:CMRE CUSIPN/A CIK1503584 Webwww.costamare.com Phone(779) 325-0940Fax377-9325-0942Employees2,870Year Founded1974Price Target and Rating Average Stock Price Target$12.67 High Stock Price Target$14.00 Low Stock Price Target$11.00 Potential Upside/Downside-3.7%Consensus RatingHold Rating Score (0-4)2.33 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$2.58 Trailing P/E Ratio5.10 Forward P/E Ratio4.31 P/E GrowthN/ANet Income$385.75 million Net Margins19.63% Pretax Margin19.63% Return on Equity13.63% Return on Assets6.29% Debt Debt-to-Equity Ratio0.77 Current Ratio1.61 Quick Ratio1.54 Sales & Book Value Annual Sales$1.89 billion Price / Sales0.82 Cash Flow$3.78 per share Price / Cash Flow3.48 Book Value$21.28 per share Price / Book0.62Miscellaneous Outstanding Shares117,642,000Free Float90,349,000Market Cap$1.55 billion OptionableOptionable Beta1.38 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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 CompetitorsGXO LogisticsNYSE:GXOSchneider NationalNYSE:SNDRVerra MobilityNASDAQ:VRRMHafniaNYSE:HAFNRXONYSE:RXOView All CompetitorsInstitutional OwnershipSanctuary Advisors LLCBought 11,269 shares on 9/5/2024Ownership: 0.010%Aristides Capital LLCSold 2,212 shares on 8/23/2024Ownership: 0.017%Truist Financial CorpSold 1,000 shares on 8/21/2024Ownership: 0.027%B. Riley Wealth Advisors Inc.Bought 4,544 shares on 8/19/2024Ownership: 0.014%Creative PlanningBought 2,703 shares on 8/16/2024Ownership: 0.047%View All Institutional Transactions CMRE Stock Analysis - Frequently Asked Questions How have CMRE shares performed this year? Costamare's stock was trading at $10.41 at the beginning of 2024. Since then, CMRE shares have increased by 26.3% and is now trading at $13.15. View the best growth stocks for 2024 here. How were Costamare's earnings last quarter? Costamare Inc. (NYSE:CMRE) issued its quarterly earnings data on Wednesday, July, 31st. The shipping company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.72 by $0.05. The shipping company had revenue of $515.42 million for the quarter, compared to analysts' expectations of $380.41 million. Costamare had a trailing twelve-month return on equity of 13.63% and a net margin of 19.63%. Who are Costamare's major shareholders? Top institutional shareholders of Costamare include Dimensional Fund Advisors LP (6.16%), Acadian Asset Management LLC (1.25%), Renaissance Technologies LLC (1.15%) and American Century Companies Inc. (0.53%). 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. What other stocks do shareholders of Costamare own? Based on aggregate information from My MarketBeat watchlists, some other companies that 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) and Textainer Group (TGH). This page (NYSE:CMRE) was last updated on 9/7/2024 by MarketBeat.com Staff From Our PartnersThe solution to fast food’s wage hike crisisShake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase,...Deal Maker | SponsoredPre-IPO| 32,481% Growth: First Disruption to $martphones in 15 Years🤳45M Users | 32,481% Growth Rate Get in on the biggest disruption to smartphones in over a decade. 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