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CMRE

Costamare NYSE:CMRE Stock Report

Last Price

US$10.26

Market Cap

US$1.2b

7D

1.1%

1Y

-23.8%

Updated

07 Feb, 2023

Data

Company Financials +

CMRE Stock Overview

Costamare Inc. owns and charters containerships to liner companies worldwide.

CMRE fundamental analysis
Snowflake Score
Valuation3/6
Future Growth0/6
Past Performance4/6
Financial Health3/6
Dividends4/6

My Notes

New

Notes are coming soon

Costamare Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Costamare
Historical stock prices
Current Share PriceUS$10.26
52 Week HighUS$18.01
52 Week LowUS$8.55
Beta1.39
1 Month Change8.80%
3 Month Change9.85%
1 Year Change-23.83%
3 Year Change34.29%
5 Year Change63.90%
Change since IPO-13.42%

Recent News & Updates

Costamare Q4 2022 Earnings Preview

Feb 07

Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

Jan 06
Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

Is Costamare (NYSE:CMRE) A Risky Investment?

Nov 17
Is Costamare (NYSE:CMRE) A Risky Investment?

Recent updates

Costamare Q4 2022 Earnings Preview

Feb 07

Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

Jan 06
Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

Is Costamare (NYSE:CMRE) A Risky Investment?

Nov 17
Is Costamare (NYSE:CMRE) A Risky Investment?

Costamare Q3 2022 Earnings Preview

Nov 01

Costamare (NYSE:CMRE) Has Announced A Dividend Of $0.115

Oct 06
Costamare (NYSE:CMRE) Has Announced A Dividend Of $0.115

Costamare declares $0.115 dividend

Oct 03

With EPS Growth And More, Costamare (NYSE:CMRE) Makes An Interesting Case

Sep 19
With EPS Growth And More, Costamare (NYSE:CMRE) Makes An Interesting Case

Why Costamare Inc. (NYSE:CMRE) Could Be Worth Watching

Sep 02
Why Costamare Inc. (NYSE:CMRE) Could Be Worth Watching

Costamare: There Will Be Pain, But Much More Gain

Sep 01

Returns At Costamare (NYSE:CMRE) Are On The Way Up

Aug 18
Returns At Costamare (NYSE:CMRE) Are On The Way Up

Does Costamare (NYSE:CMRE) Have A Healthy Balance Sheet?

Aug 05
Does Costamare (NYSE:CMRE) Have A Healthy Balance Sheet?

Costamare (NYSE:CMRE) Has Affirmed Its Dividend Of $0.115

Jul 18
Costamare (NYSE:CMRE) Has Affirmed Its Dividend Of $0.115

Costamare (NYSE:CMRE) Has Announced A Dividend Of US$0.12

Jul 04
Costamare (NYSE:CMRE) Has Announced A Dividend Of US$0.12

Costamare declares $0.115 dividend

Jul 01

Costamare: Rare Gem In The Stagflation Storm

Jun 07

With EPS Growth And More, Costamare (NYSE:CMRE) Is Interesting

May 10
With EPS Growth And More, Costamare (NYSE:CMRE) Is Interesting

Costamare: Entering The Dry Bulk Shipping Industry Could Trigger Stock Price Appreciation

May 06

Return Trends At Costamare (NYSE:CMRE) Aren't Appealing

Apr 05
Return Trends At Costamare (NYSE:CMRE) Aren't Appealing

We Think Costamare (NYSE:CMRE) Is Taking Some Risk With Its Debt

Mar 14
We Think Costamare (NYSE:CMRE) Is Taking Some Risk With Its Debt

At US$13.59, Is It Time To Put Costamare Inc. (NYSE:CMRE) On Your Watch List?

Feb 25
At US$13.59, Is It Time To Put Costamare Inc. (NYSE:CMRE) On Your Watch List?

Costamare Continues To Benefit From Commodity Environment, Olympics Could Be A Catalyst

Feb 12

Costamare's (NYSE:CMRE) Returns On Capital Not Reflecting Well On The Business

Dec 22
Costamare's (NYSE:CMRE) Returns On Capital Not Reflecting Well On The Business

These 4 Measures Indicate That Costamare (NYSE:CMRE) Is Using Debt Extensively

Nov 16
These 4 Measures Indicate That Costamare (NYSE:CMRE) Is Using Debt Extensively

Why Costamare Inc. (NYSE:CMRE) Could Be Worth Watching

Oct 11
Why Costamare Inc. (NYSE:CMRE) Could Be Worth Watching

Be Wary Of Costamare (NYSE:CMRE) And Its Returns On Capital

Sep 06
Be Wary Of Costamare (NYSE:CMRE) And Its Returns On Capital

Costamare: Firing On All Cylinders

Aug 14

Is Costamare (NYSE:CMRE) A Risky Investment?

Aug 02
Is Costamare (NYSE:CMRE) A Risky Investment?

Costamare (NYSE:CMRE) Is Increasing Its Dividend To US$0.12

Jul 04
Costamare (NYSE:CMRE) Is Increasing Its Dividend To US$0.12

Costamare buys 16 dry bulk vessels

Jun 14

Costamare EPS beats by $0.01, beats on revenue

Jun 01

Costamare (NYSE:CMRE) Could Be Struggling To Allocate Capital

Jun 01
Costamare (NYSE:CMRE) Could Be Struggling To Allocate Capital

Costamare acquires 60% York Capital interest in five 11,000 TEU containerships with long-term charters

Apr 26

Costamare (NYSE:CMRE) Has A Somewhat Strained Balance Sheet

Apr 09
Costamare (NYSE:CMRE) Has A Somewhat Strained Balance Sheet

Here's What Costamare Inc.'s (NYSE:CMRE) Shareholder Ownership Structure Looks Like

Mar 19
Here's What Costamare Inc.'s (NYSE:CMRE) Shareholder Ownership Structure Looks Like

Is Costamare Inc. (NYSE:CMRE) A Strong Dividend Stock?

Feb 26
Is Costamare Inc. (NYSE:CMRE) A Strong Dividend Stock?

How Has Costamare (NYSE:CMRE) Allocated Its Capital?

Feb 05
How Has Costamare (NYSE:CMRE) Allocated Its Capital?

Costamare Inc. 2020 Q4 - Results - Earnings Call Presentation

Feb 03

Costamare slumps 4% on missing Q4 beat

Feb 02

Do These 3 Checks Before Buying Costamare Inc. (NYSE:CMRE) For Its Upcoming Dividend

Jan 15
Do These 3 Checks Before Buying Costamare Inc. (NYSE:CMRE) For Its Upcoming Dividend

Costamare: Mix The 8%+ Yielding Preferreds With The Common Stock For Income And Upside

Jan 11

These 4 Measures Indicate That Costamare (NYSE:CMRE) Is Using Debt Extensively

Jan 06
These 4 Measures Indicate That Costamare (NYSE:CMRE) Is Using Debt Extensively

Costamare declares $0.10 dividend

Jan 04

Did You Participate In Any Of Costamare's (NYSE:CMRE) Respectable 65% Return?

Dec 16
Did You Participate In Any Of Costamare's (NYSE:CMRE) Respectable 65% Return?

Know This Before Buying Costamare Inc. (NYSE:CMRE) For Its Dividend

Nov 25
Know This Before Buying Costamare Inc. (NYSE:CMRE) For Its Dividend

Shareholder Returns

CMREUS ShippingUS Market
7D1.1%3.0%0.9%
1Y-23.8%-28.7%-10.9%

Return vs Industry: CMRE exceeded the US Shipping industry which returned -28.7% over the past year.

Return vs Market: CMRE underperformed the US Market which returned -10.9% over the past year.

Price Volatility

Is CMRE's price volatile compared to industry and market?
CMRE volatility
CMRE Average Weekly Movement5.2%
Shipping Industry Average Movement6.8%
Market Average Movement6.7%
10% most volatile stocks in US Market17.5%
10% least volatile stocks in US Market2.8%

Stable Share Price: CMRE is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CMRE's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19742,750Konstantinos Konstantakopouloshttps://www.costamare.com

Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. The company was founded in 1974 and is based in Monaco.

Costamare Inc. Fundamentals Summary

How do Costamare's earnings and revenue compare to its market cap?
CMRE fundamental statistics
Market CapUS$1.25b
Earnings (TTM)US$490.60m
Revenue (TTM)US$1.13b

2.5x

P/E Ratio

1.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CMRE income statement (TTM)
RevenueUS$1.13b
Cost of RevenueUS$326.64m
Gross ProfitUS$805.70m
Other ExpensesUS$315.10m
EarningsUS$490.60m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

Feb 08, 2023

Earnings per share (EPS)4.03
Gross Margin71.15%
Net Profit Margin43.33%
Debt/Equity Ratio134.8%

How did CMRE perform over the long term?

See historical performance and comparison

Dividends

4.5%

Current Dividend Yield

12%

Payout Ratio