NYSE:CMRE Costamare (CMRE) Stock Price, News & Analysis → Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed! (From Priority Gold) (Ad) Free CMRE Stock Alerts $11.88 +0.10 (+0.85%) (As of 11:04 AM ET) Add Compare Share Share Today's Range$11.70▼$11.8850-Day Range$10.68▼$11.7852-Week Range$7.71▼$11.90Volume103,784 shsAverage Volume427,282 shsMarket Capitalization$1.40 billionP/E Ratio4.03Dividend Yield3.87%Price Target$11.50 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/Downside2.4% Downside$11.50 Price TargetShort InterestHealthy2.86% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment0.26Based on 5 Articles This WeekInsider TradingN/AProj. Earnings Growth-3.66%From $2.73 to $2.63 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.2.14 out of 5 starsTransportation Sector74th out of 112 stocksDeep Sea Foreign Transportation Of Freight Industry19th out of 26 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.Amount of Analyst CoverageCostamare has only been the subject of 1 research reports in the past 90 days. Previous Next 4.0 Short Interest Percentage of Shares Shorted2.86% of the float of Costamare has been sold short.Short Interest Ratio / Days to CoverCostamare has a short interest ratio ("days to cover") of 3, which is generally considered an acceptable ratio of short interest to trading volume.Change versus previous monthShort interest in Costamare has recently decreased by 2.36%, indicating that investor sentiment is improving. Previous Next 3.3 Dividend Strength Dividend LeadershipCostamare is a leading dividend payer. It pays a dividend yield of 3.90%, 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 17.49% 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 2.4 News and Social Media Coverage News SentimentCostamare has a news sentiment score of 0.26. 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 0.42 average news sentiment score of Transportation companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Costamare this week, compared to 2 articles on an average week.Search Interest14 people have searched for CMRE on MarketBeat in the last 30 days. This is an increase of 1,300% 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 0.8 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Costamare insiders have not sold or bought any company stock.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 -3.66% in the coming year, from $2.73 to $2.63 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Costamare is 3.99, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.30.Price to Earnings Ratio vs. SectorThe P/E ratio of Costamare is 3.99, which means that it is trading at a less expensive P/E ratio than the Transportation sector average P/E ratio of about 12.80.Price to Book Value per Share RatioCostamare has a P/B Ratio of 0.57. 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 Prosper Trading AcademyThese AI trades triggered this morning (545% return)If you think a market crash is possible in 2024, I don't know why you're not using this yet. Click Here To Get Your Free Copy About Costamare Stock (NYSE:CMRE)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.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 HeadlinesApril 28, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Reaches New 52-Week High at $11.90April 27, 2024 | finance.yahoo.comReturns Are Gaining Momentum At Costamare (NYSE:CMRE)April 29, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.April 25, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) Downgraded by StockNews.com to "Hold"April 21, 2024 | americanbankingnews.comCostamare (NYSE:CMRE) PT Raised to $12.00 at Stifel NicolausApril 16, 2024 | finance.yahoo.comZacks Industry Outlook Highlights Danaos, Costamare and Seanergy MaritimeApril 6, 2024 | finance.yahoo.comCostamare (NYSE:CMRE) Will Pay A Dividend Of $0.115April 3, 2024 | msn.comCostamare Inc. PERP PFD SER C declares $0.5313 dividendApril 29, 2024 | Priority Gold (Ad)Red Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Get your free information kit NOW, before it’s too late. Inside you’ll get the 3 secret strategies you can put in place starting today, so “they” don’t get your money tomorrow.April 3, 2024 | finance.yahoo.comCostamare Full Year 2023 Earnings: EPS: US$2.95 (vs US$4.26 in FY 2022)April 2, 2024 | msn.comCostamare Inc. PERP PFD SER B declares $0.4766 dividendApril 2, 2024 | msn.comCostamare Inc. 8.87% CUM PFD E declares $0.5547 dividendApril 2, 2024 | globenewswire.comCostamare Inc. Declares Quarterly Dividend on Its Preferred and Common StockMarch 29, 2024 | globenewswire.comCostamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2023March 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 SummaryFebruary 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 expectSee 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 Payable2/07/2024Ex-Dividend for 5/6 Dividend4/18/2024Today4/28/2024Dividend Payable5/06/2024Next Earnings (Estimated)5/20/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNYSE SectorIndustrials Industry Marine Shipping Sub-IndustryN/A Current SymbolNYSE:CMRE CUSIPN/A CIK1503584 Webwww.costamare.com Phone(779) 325-0940Fax377-9325-0942Employees2,750Year Founded1974Price Target and Rating Average Stock Price Target$11.50 High Stock Price Target$12.00 Low Stock Price Target$11.00 Potential Upside/Downside-2.4%Consensus RatingModerate Buy Rating Score (0-4)2.50 Research Coverage2 Analysts Profitability EPS (Most Recent Fiscal Year)$2.95 Trailing P/E Ratio3.99 Forward P/E Ratio4.32 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 / Sales0.92 Cash Flow$4.08 per share Price / Cash Flow2.89 Book Value$20.73 per share Price / Book0.57Miscellaneous Outstanding Shares117,640,000Free Float90,349,000Market Cap$1.39 billion OptionableOptionable Beta1.38 Social Links 10 Best Cheap Stocks to Buy NowMarketBeat just released its list of 10 cheap stocks that have been overlooked by the market and may be seriously undervalued. Click the link below to see which companies made the list.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 CompetitorsZIM Integrated Shipping ServicesNYSE:ZIMNavios Maritime PartnersNYSE:NMMDanaosNYSE:DACCadeler A/SNYSE:CDLRNavigatorNYSE:NVGSView All CompetitorsInstitutional OwnershipAllspring Global Investments Holdings LLCBought 1,390 shares on 4/18/2024Ownership: 0.034%DGS Capital Management LLCSold 1,815 shares on 4/15/2024Ownership: 0.019%Ballentine Partners LLCBought 2,585 shares on 4/11/2024Ownership: 0.012%Los Angeles Capital Management LLCSold 1,610 shares on 4/5/2024Ownership: 0.187%Quadrature Capital LtdBought 8,042 shares on 3/25/2024Ownership: 0.027%View All Institutional Transactions CMRE Stock Analysis - Frequently Asked Questions Should I buy or sell Costamare stock right now? 2 Wall Street 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 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 target prices for Costamare's stock. Their CMRE share price targets range from $11.00 to $12.00. On average, they expect the company's stock price to reach $11.50 in the next year. This suggests that the stock has a possible downside of 2.4%. 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 beginning of 2024. Since then, CMRE stock has increased by 13.2% and is now trading at $11.78. View the best growth stocks for 2024 here. Are investors shorting Costamare? Costamare saw a drop in short interest in March. As of March 31st, there was short interest totaling 1,270,000 shares, a drop of 6.6% from the March 15th total of 1,360,000 shares. Based on an average trading volume of 441,300 shares, the short-interest ratio is presently 2.9 days. Approximately 2.8% of the shares of the stock are sold short. 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) issued its quarterly earnings results on Wednesday, February, 7th. The shipping company reported $0.68 earnings per share for the quarter, beating analysts' consensus estimates of $0.62 by $0.06. The shipping company earned $494.85 million during the quarter, compared to the consensus estimate 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 business posted $0.61 earnings per share. How often does Costamare pay dividends? What is the dividend yield for Costamare? Costamare declared a quarterly dividend on Tuesday, April 2nd. Stockholders of record on Friday, April 19th will be paid a dividend of $0.115 per share on Monday, May 6th. This represents a $0.46 annualized dividend and a dividend yield of 3.90%. The ex-dividend date is Thursday, April 18th. 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 3.90%. 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 17.49% next year. This indicates that the company will be able to sustain or increase its dividend. Read our dividend analysis for CMRE. What ETFs hold Costamare's stock? ETFs with the largest weight of Costamare (NYSE:CMRE) stock in their portfolio include SonicShares Global Shipping ETF (BOAT).Roundhill Acquirers Deep Value ETF (DEEP). 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 a variety of institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.19%), Allspring Global Investments Holdings LLC (0.03%), DGS Capital Management LLC (0.02%) and Ballentine Partners LLC (0.01%). 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 4/29/2024 by MarketBeat.com Staff From Our PartnersConflict In Israel Sends Gold Soaring ???? Here’s How To Get Your ShareColonial MetalsRed Alert: Your Money's Disappearance Act - Banks' Greed Unleashed!Priority GoldAI finds its first serious applicationWall Street StarHealthcare Takes A Big Step Forward With The Help Of AIThe Bull ReportThe Best AI Stock to Own in the World Today is Trading for Just $25Banyan Hill PublishingProtect Your Bank Account Before It’s Too LateWeiss RatingsDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsTrump is sounding the alarmPreserve Gold 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. Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.