CMRE Stock Overview
Owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. More details
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| Future Growth | 0/6 |
| Past Performance | 2/6 |
| Financial Health | 4/6 |
| Dividends | 3/6 |
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Costamare Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$12.39 |
| 52 Week High | US$17.58 |
| 52 Week Low | US$10.14 |
| Beta | 1.33 |
| 1 Month Change | -13.30% |
| 3 Month Change | -15.71% |
| 1 Year Change | 17.33% |
| 3 Year Change | 1.56% |
| 5 Year Change | 29.20% |
| Change since IPO | 4.56% |
Recent News & Updates
Costamare: Attractive Valuations And A 3.5% Dividend Yield
Dec 10We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)
Nov 19
Costamare (NYSE:CMRE) Takes On Some Risk With Its Use Of Debt
Oct 24Recent updates
Costamare: Attractive Valuations And A 3.5% Dividend Yield
Dec 10We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)
Nov 19Costamare (NYSE:CMRE) Takes On Some Risk With Its Use Of Debt
Oct 24Costamare Inc.'s (NYSE:CMRE) Low P/E No Reason For Excitement
Oct 05Is There Now An Opportunity In Costamare Inc. (NYSE:CMRE)?
Sep 14An Intrinsic Calculation For Costamare Inc. (NYSE:CMRE) Suggests It's 43% Undervalued
Aug 23Costamare: Potential Bagger, But I Haven't Bought Shares Yet
Aug 04Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115
Jul 18Costamare (NYSE:CMRE) Is Paying Out A Dividend Of $0.115
Jul 04Is Costamare (NYSE:CMRE) A Risky Investment?
Jun 16Costamare Inc. (NYSE:CMRE) Stock Catapults 28% Though Its Price And Business Still Lag The Market
May 29We Like These Underlying Return On Capital Trends At Costamare (NYSE:CMRE)
Apr 24Earnings Troubles May Signal Larger Issues for Costamare (NYSE:CMRE) Shareholders
Apr 05What Does Costamare Inc.'s (NYSE:CMRE) Share Price Indicate?
Mar 20Costamare: The Dry Bulk Sector, FCF Growth Make It Cheap
Mar 07Costamare (NYSE:CMRE) Seems To Be Using A Lot Of Debt
Feb 03The Market Doesn't Like What It Sees From Costamare Inc.'s (NYSE:CMRE) Earnings Yet
Jan 04Costamare (NYSE:CMRE) Shareholders Will Want The ROCE Trajectory To Continue
Dec 08Is It Time To Consider Buying Costamare Inc. (NYSE:CMRE)?
Nov 10Costamare: A Complex Yet Promising Long-Term Hold
Oct 18Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115
Oct 05Does Costamare (NYSE:CMRE) Have A Healthy Balance Sheet?
Sep 12Is Costamare A Buy Or A Sell After Its 22% Post-Earnings Rally?
Jul 31Costamare (NYSE:CMRE) Is Doing The Right Things To Multiply Its Share Price
Jul 31Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115
Jul 13Costamare: Sell The Preferreds, Buy The Common At 3.2X EPS
Jul 03Costamare: Buying A Dollar For 50 Cents
Jun 23Here's Why We Think Costamare (NYSE:CMRE) Might Deserve Your Attention Today
Jun 08Costamare (NYSE:CMRE) Use Of Debt Could Be Considered Risky
May 26Costamare (NYSE:CMRE) Might Have The Makings Of A Multi-Bagger
Apr 13What Does Costamare Inc.'s (NYSE:CMRE) Share Price Indicate?
Feb 28Costamare: Diversified And Hinting Towards Strong Growth
Feb 20Costamare Q4 2022 Earnings Preview
Feb 07Costamare (NYSE:CMRE) Will Pay A Dividend Of $0.115
Jan 06Is Costamare (NYSE:CMRE) A Risky Investment?
Nov 17Costamare Q3 2022 Earnings Preview
Nov 01Costamare (NYSE:CMRE) Has Announced A Dividend Of $0.115
Oct 06Shareholder Returns
| CMRE | US Shipping | US Market | |
|---|---|---|---|
| 7D | -4.3% | -6.4% | -2.4% |
| 1Y | 17.3% | 11.1% | 23.4% |
Return vs Industry: CMRE exceeded the US Shipping industry which returned 11.2% over the past year.
Return vs Market: CMRE underperformed the US Market which returned 23.3% over the past year.
Price Volatility
| CMRE volatility | |
|---|---|
| CMRE Average Weekly Movement | 4.4% |
| Shipping Industry Average Movement | 4.9% |
| Market Average Movement | 6.3% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.1% |
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 (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1974 | 2,750 | Konstantinos Konstantakopoulos | www.costamare.com |
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.
Costamare Inc. Fundamentals Summary
| CMRE fundamental statistics | |
|---|---|
| Market cap | US$1.48b |
| Earnings (TTM) | US$357.52m |
| Revenue (TTM) | US$2.03b |
4.2x
P/E Ratio0.7x
P/S RatioIs CMRE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| CMRE income statement (TTM) | |
|---|---|
| Revenue | US$2.03b |
| Cost of Revenue | US$1.34b |
| Gross Profit | US$689.28m |
| Other Expenses | US$331.76m |
| Earnings | US$357.52m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.98 |
| Gross Margin | 33.95% |
| Net Profit Margin | 17.61% |
| Debt/Equity Ratio | 85.4% |
How did CMRE perform over the long term?
See historical performance and comparisonDividends
3.7%
Current Dividend Yield15%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 02:20 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 here.
Analysis Model and Snowflake
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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 .
Analyst Sources
Costamare Inc. is covered by 12 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.
| Analyst | Institution |
|---|---|
| Mauro Suarez | Alliance Global Partners |
| Garrett Chase | Barclays |
| Donald McLee | Berenberg |