NYSE:CMRE Costamare (CMRE) Stock Price, News & Analysis → Tech GIANT’s Plans to Revolutionize Crypto… (From Crypto 101 Media) (Ad) Free CMRE Stock Alerts $13.10 +0.46 (+3.64%) (As of 05/8/2024 ET) Add Compare Share Share Today's Range$12.54▼$13.1150-Day Range$10.68▼$12.6452-Week Range$7.71▼$13.11Volume489,754 shsAverage Volume431,186 shsMarket Capitalization$1.54 billionP/E Ratio4.44Dividend Yield3.51%Price Target$11.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Costamare alerts: Email Address Costamare MarketRank™ Stock AnalysisAnalyst RatingModerate Buy2.50 Rating ScoreUpside/Downside12.2% Downside$11.50 Price TargetShort InterestHealthy2.86% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.03Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-3.66%From $2.73 to $2.63 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.2.07 out of 5 starsTransportation Sector80th out of 114 stocksDeep Sea Foreign Transportation Of Freight Industry20th out of 27 stocks 1.3 Analyst's Opinion Consensus RatingCostamare has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on 1 buy rating, 1 hold rating, and no sell ratings.Amount of Analyst CoverageCostamare has only been the subject of 1 research reports in the past 90 days.Read more about Costamare's stock forecast and price target. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.86% 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, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Costamare has recently decreased by 2.36%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCostamare is a leading dividend payer. It pays a dividend yield of 3.69%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthCostamare does not have a long track record of dividend growth.Dividend CoverageThe dividend payout ratio of Costamare is 15.59%. This payout ratio is at a healthy, sustainable level, below 75%.Dividend SustainabilityBased on earnings estimates, Costamare will have a dividend payout ratio of 17.49% 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 2.2 News and Social Media Coverage News SentimentCostamare has a news sentiment score of 0.03. 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 0.40 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Costamare this week, compared to 2 articles on an average week.Search Interest14 people have searched for CMRE on MarketBeat in the last 30 days. This is an increase of 600% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Costamare to their MarketBeat watchlist in the last 30 days. This is a decrease of -75% compared to the previous 30 days. Previous Next 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Costamare insiders have not sold or bought any company stock.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 -3.66% in the coming year, from $2.73 to $2.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Costamare is 4.44, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 141.79.Price to Earnings Ratio vs. SectorThe P/E ratio of Costamare is 4.44, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.80.Price to Book Value per Share RatioCostamare has a P/B Ratio of 0.63. 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 Crypto 101 MediaElon Musk Secret Crypto Plot ExposedReports of a leaked meeting between Elon Musk and staff at X.com could send shockwaves through the crypto market. Musk revealed a "mind-blowing" plan to take over the global payment system. In his own words, the world's richest man said "you won't need a bank account." Prominent voices in crypto believe what comes next will mirror a crypto mass adoption similar to the one that triggered bitcoin's last bull run.Click here now to get your copy. 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 7, 2024 | globenewswire.comCostamare Inc. Sets the Date for Its First Quarter 2024 Results Release, Conference Call and WebcastMay 4, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Sets New 52-Week High at $12.40May 8, 2024 | Traders Agency (Ad)NVIDIA is a laughing stock compared to thisYou’ve probably read about NVIDIA’s recent earnings blowout… Where it revealed that thanks to demand for AI, its future earnings will crush previous expectations. The markets reacted by sending NVIDIA’s stock surging by almost 25% in a single day… An impressive feat when you consider it was already a $700+ billion stock before that surge. If you already owned NVIDIA stock before the jump – congratulations… But if you didn’t, don’t worry… Because I’ve just discovered an undercover AI stock that I believe could do 300 times better than NVIDIA.April 29, 2024 | investorplace.com7 Diamond-in-the-Rough Stocks Worth Digging Up NowApril 28, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Reaches New 52-Week High at $11.90April 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 $0.115May 8, 2024 | Traders Agency (Ad)NVIDIA is a laughing stock compared to thisYou’ve probably read about NVIDIA’s recent earnings blowout… Where it revealed that thanks to demand for AI, its future earnings will crush previous expectations. The markets reacted by sending NVIDIA’s stock surging by almost 25% in a single day… An impressive feat when you consider it was already a $700+ billion stock before that surge. If you already owned NVIDIA stock before the jump – congratulations… But if you didn’t, don’t worry… Because I’ve just discovered an undercover AI stock that I believe could do 300 times better than NVIDIA.April 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.March 7, 2024 | investorplace.comWall Street's Best Kept Secrets: 7 Little-Known Stocks to LoveMarch 7, 2024 | seekingalpha.comCostamare: The Dry Bulk Sector, FCF Growth Make It CheapFebruary 27, 2024 | benzinga.comCostamare Stock (NYSE:CMRE), Quotes and News SummaryFebruary 24, 2024 | msn.comCostamare (CMRE) Price Target Increased by 14.52% to 12.07February 22, 2024 | uk.finance.yahoo.comCMRE Mar 2024 12.000 putFebruary 16, 2024 | finance.yahoo.comCMRE Jun 2024 15.000 callFebruary 16, 2024 | finance.yahoo.comCMRE Jun 2024 8.000 putFebruary 15, 2024 | ca.finance.yahoo.comCMRE Feb 2024 9.000 callFebruary 12, 2024 | markets.businessinsider.comStifel Nicolaus Reaffirms Their Hold Rating on Costamare (CMRE)February 10, 2024 | finance.yahoo.comCostamare Inc. (NYSE:CMRE) Q4 2023 Earnings Call TranscriptSee 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 Payable5/06/2024Today5/08/2024Next Earnings (Confirmed)5/10/2024Fiscal 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$11.50 High Stock Price Target$12.00 Low Stock Price Target$11.00 Potential Upside/Downside-10.8%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.95 Trailing P/E Ratio4.37 Forward P/E Ratio4.72 P/E GrowthN/ANet Income$385.75 million Net Margins25.26% Pretax Margin25.21% Return on Equity11.37% Return on Assets5.12% Debt Debt-to-Equity Ratio0.83 Current Ratio1.69 Quick Ratio1.59 Sales & Book Value Annual Sales$1.51 billion Price / Sales1.00 Cash Flow$4.21 per share Price / Cash Flow3.06 Book Value$20.73 per share Price / Book0.62Miscellaneous Outstanding Shares117,640,000Free FloatN/AMarket Cap$1.52 billion OptionableOptionable Beta1.32 Social Links 7 Stocks to Buy And Hold ForeverClick the link below and we'll send you MarketBeat's list of seven stocks and why their long-term outlooks are very promising. 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:DACNavios Maritime PartnersNYSE:NMMZIM Integrated Shipping ServicesNYSE:ZIMDorian LPGNYSE:LPGCadeler A/SNYSE:CDLRView All CompetitorsInstitutional OwnershipRussell Investments Group Ltd.Bought 143,620 shares on 5/8/2024Ownership: 0.122%Empowered Funds LLCBought 38,168 shares on 5/7/2024Ownership: 0.429%Susquehanna Portfolio Strategies LLCSold 49,577 shares on 5/7/2024Ownership: 0.021%Susquehanna Fundamental Investments LLCBought 23,299 shares on 5/7/2024Ownership: 0.020%Gallacher Capital Management LLCSold 10,031 shares on 5/6/2024Ownership: 0.009%View All Institutional Transactions CMRE Stock Analysis - Frequently Asked Questions Should I buy or sell Costamare stock right now? 2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Costamare in the last year. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" CMRE shares. View CMRE analyst ratings or view top-rated stocks. What is Costamare's stock price target for 2024? 2 analysts have issued 1 year price objectives for Costamare's stock. Their CMRE share price targets range from $11.00 to $12.00. On average, they predict the company's share price to reach $11.50 in the next year. This suggests that the stock has a possible downside of 12.2%. 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 on January 1st, 2024. Since then, CMRE stock has increased by 25.8% and is now trading at $13.10. View the best growth stocks for 2024 here. Are investors shorting Costamare? Costamare saw a decline in short interest in the month of March. As of March 31st, there was short interest totaling 1,270,000 shares, a decline of 6.6% from the March 15th total of 1,360,000 shares. Based on an average daily trading volume, of 441,300 shares, the short-interest ratio is currently 2.9 days. Approximately 2.8% of the shares of the company are short sold. 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, May 10th 2024. View our CMRE earnings forecast. How can I listen to Costamare's earnings call? Costamare will be holding an earnings conference call on Friday, May 10th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 412-317-0088 with passcode "8339275". How were Costamare's earnings last quarter? Costamare Inc. (NYSE:CMRE) announced its earnings results on Wednesday, February, 7th. The shipping company reported $0.68 EPS for the quarter, topping the consensus estimate of $0.62 by $0.06. The shipping company earned $494.85 million during the quarter, compared to analysts' expectations of $419 million. Costamare had a trailing twelve-month return on equity of 11.37% and a net margin of 25.26%. During the same period last year, the firm earned $0.61 earnings per share. How often does Costamare pay dividends? What is the dividend yield for Costamare? Costamare announced a quarterly dividend on Tuesday, April 2nd. Shareholders 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 annualized dividend and a dividend yield of 3.51%. The ex-dividend date of this dividend 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 3.69%. The dividend payout ratio is 15.59%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, CMRE will have a dividend payout ratio of 17.49% 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).Roundhill Acquirers Deep Value ETF (DEEP). 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 investors include Empowered Funds LLC (0.43%), Los Angeles Capital Management LLC (0.19%), Russell Investments Group Ltd. (0.12%), BNP Paribas Financial Markets (0.09%), Commonwealth Equity Services LLC (0.05%) and Allspring Global Investments Holdings LLC (0.03%). 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. 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