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Costamare NYSE:CMRE Stock Report

Last Price

US$8.99

Market Cap

US$1.0b

7D

0.4%

1Y

-18.3%

Updated

11 Apr, 2025

Data

Company Financials +

Costamare Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Costamare
Historical stock prices
Current Share PriceUS$8.99
52 Week HighUS$17.58
52 Week LowUS$8.11
Beta1.11
1 Month Change-13.89%
3 Month Change-28.02%
1 Year Change-18.35%
3 Year Change-43.49%
5 Year Change79.44%
Change since IPO-24.14%

Recent News & Updates

Should You Investigate Costamare Inc. (NYSE:CMRE) At US$9.54?

Apr 04
Should You Investigate Costamare Inc. (NYSE:CMRE) At US$9.54?

Recent updates

Should You Investigate Costamare Inc. (NYSE:CMRE) At US$9.54?

Apr 04
Should You Investigate Costamare Inc. (NYSE:CMRE) At US$9.54?

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

Jan 25
These 4 Measures Indicate That Costamare (NYSE:CMRE) Is Using Debt Extensively

Should You Think About Buying Costamare Inc. (NYSE:CMRE) Now?

Jan 03
Should You Think About Buying Costamare Inc. (NYSE:CMRE) Now?

Costamare: Attractive Valuations And A 3.5% Dividend Yield

Dec 10

We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)

Nov 19
We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)

Costamare (NYSE:CMRE) Takes On Some Risk With Its Use Of Debt

Oct 24
Costamare (NYSE:CMRE) Takes On Some Risk With Its Use Of Debt

Costamare Inc.'s (NYSE:CMRE) Low P/E No Reason For Excitement

Oct 05
Costamare Inc.'s (NYSE:CMRE) Low P/E No Reason For Excitement
author-image

Overcapacity And Market Volatility Threaten Shipping Giant's Financial Stability

Sep 24 Expansion into larger dry bulk vessels indicates a push for fleet profitability amidst high capital costs and market volatility risks.

Is There Now An Opportunity In Costamare Inc. (NYSE:CMRE)?

Sep 14
Is There Now An Opportunity In Costamare Inc. (NYSE:CMRE)?

An Intrinsic Calculation For Costamare Inc. (NYSE:CMRE) Suggests It's 43% Undervalued

Aug 23
An Intrinsic Calculation For Costamare Inc. (NYSE:CMRE) Suggests It's 43% Undervalued

Costamare: Potential Bagger, But I Haven't Bought Shares Yet

Aug 04

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

Jul 18
Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

Costamare (NYSE:CMRE) Is Paying Out A Dividend Of $0.115

Jul 04
Costamare (NYSE:CMRE) Is Paying Out A Dividend Of $0.115

Is Costamare (NYSE:CMRE) A Risky Investment?

Jun 16
Is Costamare (NYSE:CMRE) A Risky Investment?

Costamare Inc. (NYSE:CMRE) Stock Catapults 28% Though Its Price And Business Still Lag The Market

May 29
Costamare Inc. (NYSE:CMRE) Stock Catapults 28% Though Its Price And Business Still Lag The Market

We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)

Apr 24
We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)

Earnings Troubles May Signal Larger Issues for Costamare (NYSE:CMRE) Shareholders

Apr 05
Earnings Troubles May Signal Larger Issues for Costamare (NYSE:CMRE) Shareholders

What Does Costamare Inc.'s (NYSE:CMRE) Share Price Indicate?

Mar 20
What Does Costamare Inc.'s (NYSE:CMRE) Share Price Indicate?

Costamare: The Dry Bulk Sector, FCF Growth Make It Cheap

Mar 07

Costamare (NYSE:CMRE) Seems To Be Using A Lot Of Debt

Feb 03
Costamare (NYSE:CMRE) Seems To Be Using A Lot Of Debt

The Market Doesn't Like What It Sees From Costamare Inc.'s (NYSE:CMRE) Earnings Yet

Jan 04
The Market Doesn't Like What It Sees From Costamare Inc.'s (NYSE:CMRE) Earnings Yet

Costamare (NYSE:CMRE) Shareholders Will Want The ROCE Trajectory To Continue

Dec 08
Costamare (NYSE:CMRE) Shareholders Will Want The ROCE Trajectory To Continue

Is It Time To Consider Buying Costamare Inc. (NYSE:CMRE)?

Nov 10
Is It Time To Consider Buying Costamare Inc. (NYSE:CMRE)?

Costamare: A Complex Yet Promising Long-Term Hold

Oct 18

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

Oct 05
Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

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

Sep 12
Does Costamare (NYSE:CMRE) Have A Healthy Balance Sheet?

Is Costamare A Buy Or A Sell After Its 22% Post-Earnings Rally?

Jul 31

Costamare (NYSE:CMRE) Is Doing The Right Things To Multiply Its Share Price

Jul 31
Costamare (NYSE:CMRE) Is Doing The Right Things To Multiply Its Share Price

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

Jul 13
Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115

Costamare: Sell The Preferreds, Buy The Common At 3.2X EPS

Jul 03

Costamare: Buying A Dollar For 50 Cents

Jun 23

Here's Why We Think Costamare (NYSE:CMRE) Might Deserve Your Attention Today

Jun 08
Here's Why We Think Costamare (NYSE:CMRE) Might Deserve Your Attention Today

Costamare (NYSE:CMRE) Use Of Debt Could Be Considered Risky

May 26
Costamare (NYSE:CMRE) Use Of Debt Could Be Considered Risky

Costamare (NYSE:CMRE) Might Have The Makings Of A Multi-Bagger

Apr 13
Costamare (NYSE:CMRE) Might Have The Makings Of A Multi-Bagger

What Does Costamare Inc.'s (NYSE:CMRE) Share Price Indicate?

Feb 28
What Does Costamare Inc.'s (NYSE:CMRE) Share Price Indicate?

Costamare: Diversified And Hinting Towards Strong Growth

Feb 20

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?

Shareholder Returns

CMREUS ShippingUS Market
7D0.4%3.5%5.4%
1Y-18.3%-14.9%3.6%

Return vs Industry: CMRE exceeded the US Shipping industry which returned -19.7% over the past year.

Return vs Market: CMRE underperformed the US Market which returned -0% over the past year.

Price Volatility

Is CMRE's price volatile compared to industry and market?
CMRE volatility
CMRE Average Weekly Movement5.9%
Shipping Industry Average Movement6.3%
Market Average Movement7.7%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market4.0%

Stable Share Price: CMRE has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: CMRE's weekly volatility (6%) has been stable over the past year.

Community vs My Fair Value

Create Narrative

Select a narrative for quick price alerts from the community, or create your own.

US$12.50
FV
28.1% undervalued intrinsic discount
-27.77%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
4users have followed this narrative
4 days ago author updated this narrative

About the Company

FoundedEmployeesCEOWebsite
19742,430Konstantinos Konstantakopouloswww.costamare.com

Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes. The company also charters dry bulk vessels to various customers providing worldwide transportation for dry bulk cargoes.

Costamare Inc. Fundamentals Summary

How do Costamare's earnings and revenue compare to its market cap?
CMRE fundamental statistics
Market capUS$1.04b
Earnings (TTM)US$290.68m
Revenue (TTM)US$2.08b

3.7x

P/E Ratio

0.5x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CMRE income statement (TTM)
RevenueUS$2.08b
Cost of RevenueUS$1.36b
Gross ProfitUS$720.87m
Other ExpensesUS$430.19m
EarningsUS$290.68m

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.42
Gross Margin34.59%
Net Profit Margin13.95%
Debt/Equity Ratio79.1%

How did CMRE perform over the long term?

See historical performance and comparison

Dividends

5.1%

Current Dividend Yield

19%

Payout Ratio

Does CMRE pay a reliable dividends?

See CMRE dividend history and benchmarks
When do you need to buy CMRE by to receive an upcoming dividend?
Costamare dividend dates
Ex Dividend DateApr 17 2025
Dividend Pay DateMay 06 2025
Days until Ex dividend3 days
Days until Dividend pay date22 days

Does CMRE pay a reliable dividends?

See CMRE dividend history and benchmarks

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/11 13:13
End of Day Share Price 2025/04/11 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Costamare Inc. is covered by 11 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Garrett ChaseBarclays
Donald McLeeBerenberg
Kenneth HoexterBofA Global Research