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NYSE:CMRE

Costamare (CMRE) Stock Price, News & Analysis

Costamare logo
$9.94 -0.09 (-0.85%)
Closing price 03/28/2025 03:59 PM Eastern
Extended Trading
$9.96 +0.02 (+0.20%)
As of 03/28/2025 04:10 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Polygon.io. Learn more.

About Costamare Stock (NYSE:CMRE)

Key Stats

Today's Range
$9.83
$10.08
50-Day Range
$9.80
$12.29
52-Week Range
$9.66
$17.58
Volume
420,681 shs
Average Volume
457,200 shs
Market Capitalization
$1.19 billion
P/E Ratio
4.08
Dividend Yield
4.63%
Price Target
$13.50
Consensus Rating
Hold

Company Overview

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.

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Costamare Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
79th Percentile Overall Score

CMRE MarketRank™: 

Costamare scored higher than 79% of companies evaluated by MarketBeat, and ranked 56th out of 130 stocks in the transportation sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Costamare has received a consensus rating of Hold. The company's average rating score is 2.00, and is based on no buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Costamare has only been the subject of 1 research reports in the past 90 days.

  • Read more about Costamare's stock forecast and price target.
  • Earnings Growth

    Earnings for Costamare are expected to decrease by -3.97% in the coming year, from $2.52 to $2.42 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Costamare is 4.08, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 22.58.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Costamare is 4.08, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 13.57.

  • Price to Book Value per Share Ratio

    Costamare has a P/B Ratio of 0.48. 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.
  • Percentage of Shares Shorted

    2.21% of the float of Costamare has been sold short.
  • Short Interest Ratio / Days to Cover

    Costamare has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Costamare has recently decreased by 2.66%, indicating that investor sentiment is improving.
  • Dividend Leadership

    Costamare is a leading dividend payer. It pays a dividend yield of 4.57%, putting its dividend yield in the top 25% of dividend-paying stocks.

  • Dividend Growth

    Costamare does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Costamare is 18.85%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Costamare will have a dividend payout ratio of 19.01% next year. This indicates that Costamare will be able to sustain or increase its dividend.

  • Read more about Costamare's dividend.
  • Percentage of Shares Shorted

    2.21% of the float of Costamare has been sold short.
  • Short Interest Ratio / Days to Cover

    Costamare has a short interest ratio ("days to cover") of 2.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Costamare has recently decreased by 2.66%, indicating that investor sentiment is improving.
  • News Sentiment

    Costamare has a news sentiment score of 0.34. 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 0.83 average news sentiment score of Transportation companies.
  • News Coverage This Week

    MarketBeat has tracked 1 news article for Costamare this week, compared to 3 articles on an average week.
  • Search Interest

    6 people have searched for CMRE on MarketBeat in the last 30 days.
  • Insider Buying vs. Insider Selling

    In the past three months, Costamare insiders have not sold or bought any company stock.

  • Percentage Held by Insiders

    23.20% 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 Institutions

    58.08% 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.
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CMRE Stock News Headlines

Costamare to Spin Off Dry-Bulk Business
The Dirty Secret About Gold Mining Stocks...
Here's something most gold analysts won't tell you: 90% of gold mining companies actually destroy shareholder value over time. Even as gold prices rise.
Costamare announces spin-off of dry bulk business
Costamare Inc. Announces Spin-Off of Its Dry Bulk Business
See More Headlines

CMRE Stock Analysis - Frequently Asked Questions

Costamare's stock was trading at $12.85 at the start of the year. Since then, CMRE stock has decreased by 22.6% and is now trading at $9.9450.
View the best growth stocks for 2025 here
.

Costamare Inc. (NYSE:CMRE) released its quarterly earnings results on Wednesday, February, 5th. The shipping company reported $0.69 EPS for the quarter, topping the consensus estimate of $0.66 by $0.03. Costamare had a trailing twelve-month return on equity of 14.03% and a net margin of 15.14%.

Costamare's top institutional investors include Bridgeway Capital Management LLC (1.31%), Renaissance Technologies LLC (1.01%), American Century Companies Inc. (0.92%) and Arrowstreet Capital Limited Partnership (0.86%).

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.

Based on aggregate information from My MarketBeat watchlists, some other companies that Costamare investors own include American Water Works (AWK), Waste Connections (WCN), AUO (AUOTY), The RMR Group (RMR), DiamondRock Hospitality (DRH), iShares Micro-Cap ETF (IWC) and Voyager Therapeutics (VYGR).

Company Calendar

Record date for 2/6 Dividend
1/21/2025
Ex-Dividend for 2/6 Dividend
1/21/2025
Last Earnings
2/05/2025
Dividend Payable
2/06/2025
Today
3/30/2025
Next Earnings (Estimated)
5/09/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
Deep sea foreign transportation of freight
Sub-Industry
Transportation
Current Symbol
NYSE:CMRE
Employees
2,870
Year Founded
1974

Price Target and Rating

Average Stock Price Target
$13.50
High Stock Price Target
$14.00
Low Stock Price Target
$13.00
Potential Upside/Downside
+35.7%
Consensus Rating
Hold
Rating Score (0-4)
2.00
Research Coverage
2 Analysts

Profitability

Trailing P/E Ratio
4.08
Forward P/E Ratio
3.95
P/E Growth
N/A
Net Income
$319.92 million
Pretax Margin
19.16%

Debt

Sales & Book Value

Annual Sales
$2.08 billion
Cash Flow
$3.85 per share
Price / Cash Flow
2.58
Book Value
$20.73 per share
Price / Book
0.48

Miscellaneous

Free Float
90,349,000
Market Cap
$1.19 billion
Optionable
Optionable
Beta
1.28

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This page (NYSE:CMRE) was last updated on 3/31/2025 by MarketBeat.com Staff
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