NYSE:CMRE Costamare (CMRE) Stock Price, News & Analysis → Central Banks Preparing for US Dollar Collapse? (From Behind the Markets) (Ad) Free CMRE Stock Alerts $11.36 +0.07 (+0.62%) (As of 03/28/2024 ET) Add Compare Share Share Today's Range$11.27▼$11.4550-Day Range$10.28▼$11.5752-Week Range$7.71▼$11.85Volume340,707 shsAverage Volume464,135 shsMarket Capitalization$1.34 billionP/E Ratio3.85Dividend Yield4.05%Price Target$10.50 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/Downside7.6% Downside$10.50 Price TargetShort InterestHealthy3.02% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings Growth-5.13%From $2.73 to $2.59 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.1.45 out of 5 starsTransportation Sector94th out of 113 stocksDeep Sea Foreign Transportation Of Freight Industry23rd out of 25 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.Price Target Upside/DownsideAccording to analysts' consensus price target of $10.50, Costamare has a forecasted downside of 7.6% from its current price of $11.36.Amount of Analyst CoverageCostamare has received no research coverage in the past 90 days. Previous Next 3.0 Short Interest Percentage of Shares Shorted3.02% of the float of Costamare has been sold short.Short Interest Ratio / Days to CoverCostamare has a short interest ratio ("days to cover") of 2.9, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Costamare has recently increased by 4.62%, indicating that investor sentiment is decreasing. Previous Next 3.3 Dividend Strength Dividend LeadershipCostamare is a leading dividend payer. It pays a dividend yield of 4.11%, 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 17.76% next year. This indicates that Costamare will be able to sustain or increase its 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 0.0 News and Social Media Coverage News Coverage This WeekMarketBeat has tracked 1 news article for Costamare this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for CMRE on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.MarketBeat FollowsOnly 3 people have added Costamare to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Costamare insiders have not sold or bought any company stock.Percentage Held by Insiders23.20% 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 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. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Costamare are expected to decrease by -5.13% in the coming year, from $2.73 to $2.59 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Costamare is 3.85, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 148.81.Price to Earnings Ratio vs. SectorThe P/E ratio of Costamare is 3.85, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 15.33.Price to Book Value per Share RatioCostamare has a P/B Ratio of 0.55. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad Behind the MarketsCentral Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.Find out how you can protect yourself now >>> About Costamare Stock (NYSE:CMRE)Costamare Inc. engages in owning and chartering containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 21, 2023, it had a fleet of fleet of 71 containerships and 45 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 HeadlinesMarch 27, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Stock Crosses Above Two Hundred Day Moving Average of $10.20March 19, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Share Price Crosses Above 200-Day Moving Average of $10.15March 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.March 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 SummaryMarch 29, 2024 | Behind the Markets (Ad)Central Banks Preparing for US Dollar Collapse?China is spearheading this blatant de-dollarization push, dominating the physical gold market through massive central bank buying. Their ultimate goal? Ditching the greenback in favor of local BRICS currencies.February 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 TranscriptFebruary 9, 2024 | markets.businessinsider.comCostamare is about to announce its earnings — here's what to expectFebruary 7, 2024 | finance.yahoo.comCostamare (CMRE) Beats Q4 Earnings and Revenue EstimatesFebruary 6, 2024 | msn.comCostamare Q4 2023 Earnings PreviewFebruary 2, 2024 | finance.yahoo.comCostamare Inc. Sets The Date For Its Fourth Quarter 2023 Results Release, Conference Call And WebcastJanuary 31, 2024 | sg.news.yahoo.comMiddle East crisis: Lord Cameron back in region as US warns of 'sustained' reprisals for deadly drone strikeJanuary 30, 2024 | finance.yahoo.comAre Investors Undervaluing Costamare (CMRE) Right Now?January 4, 2024 | finance.yahoo.comCostamare's (NYSE:CMRE) 24% CAGR outpaced the company's earnings growth over the same five-year periodJanuary 2, 2024 | msn.comCostamare declares $0.115 dividendJanuary 1, 2024 | seekingalpha.comCostamare: Red Sea Challenges Equal Tailwinds Not Priced Into The Stock, BuyDecember 26, 2023 | finance.yahoo.comCostamare: A Strong Maritime Player With Financial ResiliencyNovember 23, 2023 | finance.yahoo.comCostamare Inc (LCM.MU)See 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 Ex-Dividend for 2/7 Dividend1/19/2024Last Earnings2/07/2024Dividend Payable2/07/2024Today3/29/2024Next Earnings (Estimated)5/20/2024Fiscal 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) 325-0940Fax377-9325-0942Employees2,700Year Founded1974Price Target and Rating Average Stock Price Target$10.50 High Stock Price Target$11.00 Low Stock Price Target$10.00 Potential Upside/Downside-7.6%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.95 Trailing P/E Ratio3.85 Forward P/E Ratio4.16 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 / Sales0.88 Cash Flow$4.03 per share Price / Cash Flow2.82 Book Value$20.73 per share Price / Book0.55Miscellaneous Outstanding Shares117,640,000Free Float90,349,000Market Cap$1.34 billion OptionableOptionable Beta1.39 Social Links 7 Stocks That Could Be Bigger Than Tesla, Nvidia, and GoogleGrowth stocks offer a lot of bang for your buck, and we've got the next upcoming superstars to strongly consider for your portfolio.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 CompetitorsNavios Maritime PartnersNYSE:NMMDanaosNYSE:DACZIM Integrated Shipping ServicesNYSE:ZIMNavigatorNYSE:NVGSDorian LPGNYSE:LPGView All CompetitorsInstitutional OwnershipQuadrature Capital LtdBought 8,042 shares on 3/25/2024Ownership: 0.027%Vanguard Group Inc.Bought 29,586 shares on 3/11/2024Ownership: 0.241%American International Group Inc.Sold 1,088 shares on 2/28/2024Ownership: 0.020%Quarry LPBought 1,376 shares on 2/20/2024Ownership: 0.004%Nuveen Asset Management LLCSold 8,454 shares on 2/15/2024Ownership: 0.491%View All Institutional Transactions CMRE Stock Analysis - Frequently Asked Questions Should I buy or sell Costamare stock right now? 2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Costamare in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street equities research 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 equities research analysts have issued 12-month price targets for Costamare's stock. Their CMRE share price targets range from $10.00 to $11.00. On average, they predict the company's stock price to reach $10.50 in the next year. This suggests that the stock has a possible downside of 7.6%. 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 at the start of the year. Since then, CMRE stock has increased by 9.1% and is now trading at $11.36. View the best growth stocks for 2024 here. Are investors shorting Costamare? Costamare saw a decline in short interest in the month of February. As of February 15th, there was short interest totaling 1,310,000 shares, a decline of 14.4% from the January 31st total of 1,530,000 shares. Based on an average daily trading volume, of 505,500 shares, the short-interest ratio is presently 2.6 days. Approximately 2.9% of the company's stock 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 Monday, May 20th 2024. View our CMRE earnings forecast. How were Costamare's earnings last quarter? Costamare Inc. (NYSE:CMRE) posted its earnings results on Wednesday, February, 7th. The shipping company reported $0.68 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. The shipping company had revenue of $494.85 million for the quarter, compared to analysts' expectations of $419 million. Costamare had a net margin of 25.26% and a trailing twelve-month return on equity of 11.37%. During the same period in the previous year, the company posted $0.61 EPS. How often does Costamare pay dividends? What is the dividend yield for Costamare? Costamare announced a quarterly dividend on Tuesday, January 2nd. Investors of record on Monday, January 22nd will be paid a dividend of $0.115 per share on Wednesday, February 7th. This represents a $0.46 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend is Friday, January 19th. 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 4.11%. CMRE has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. 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 17.76% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CMRE. What ETF holds Costamare's stock? SonicShares Global Shipping ETF holds 23,749 shares of CMRE stock, representing 1.37% of its portfolio. 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 many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (6.01%), Bridgeway Capital Management LLC (1.12%), Nuveen Asset Management LLC (0.49%), Simplex Trading LLC (0.00%), Charles Schwab Investment Management Inc. (0.40%) and Denali Advisors LLC (0.38%). 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. This page (NYSE:CMRE) was last updated on 3/29/2024 by MarketBeat.com Staff From Our PartnersTrump’s “Tax Free” Retirement Strategy Gold Safe ExchangeDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTop Project Outperforms BTC in 2023…Crypto 101 Media“The Stock Market’s Bull Run is Far from Over” -BarronsVertical Research AdvisoryAI Cracks Open Largest Untapped Energy Reserve on EarthBanyan Hill PublishingThis AI Trade Machine Made 1,729%* (With 89% Wins)Prosper Trading AcademyOnly a fool would buy Nvidia today… Porter & CompanyMost important medical advance in 100 yearsThe Oxford Club Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Costamare Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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