Costamare (CMRE) Expected to Announce Earnings on Friday

Costamare (NYSE:CMREGet Free Report) is expected to release its Q3 2025 results before the market opens on Friday, November 7th. Analysts expect Costamare to post earnings of $0.70 per share for the quarter. Interested persons can find conference call details on the company’s upcoming Q3 2025 earningreport page for the latest details on the call scheduled for Friday, November 7, 2025 at 7:30 AM ET.

Costamare (NYSE:CMREGet Free Report) last announced its quarterly earnings results on Thursday, July 31st. The shipping company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.29. Costamare had a return on equity of 13.67% and a net margin of 17.10%.The firm had revenue of $211.20 million during the quarter, compared to the consensus estimate of $209.72 million. During the same period in the prior year, the firm earned $0.76 EPS. On average, analysts expect Costamare to post $3 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Costamare Stock Up 0.0%

Shares of NYSE CMRE opened at $12.08 on Friday. Costamare has a 12-month low of $6.63 and a 12-month high of $14.85. The company has a market cap of $1.45 billion, a P/E ratio of 5.12 and a beta of 1.38. The company has a current ratio of 1.68, a quick ratio of 1.64 and a debt-to-equity ratio of 0.65. The stock has a fifty day moving average price of $11.87 and a 200 day moving average price of $10.21.

Costamare Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, November 6th. Shareholders of record on Tuesday, October 21st will be given a $0.115 dividend. This represents a $0.46 dividend on an annualized basis and a yield of 3.8%. The ex-dividend date of this dividend is Tuesday, October 21st. Costamare’s dividend payout ratio is presently 19.49%.

Hedge Funds Weigh In On Costamare

Several large investors have recently modified their holdings of CMRE. Tower Research Capital LLC TRC lifted its holdings in Costamare by 204.9% in the second quarter. Tower Research Capital LLC TRC now owns 6,897 shares of the shipping company’s stock worth $63,000 after acquiring an additional 4,635 shares during the last quarter. The Manufacturers Life Insurance Company lifted its holdings in Costamare by 8.1% in the second quarter. The Manufacturers Life Insurance Company now owns 15,393 shares of the shipping company’s stock worth $140,000 after acquiring an additional 1,148 shares during the last quarter. Prudential Financial Inc. lifted its holdings in Costamare by 90.7% in the second quarter. Prudential Financial Inc. now owns 19,590 shares of the shipping company’s stock worth $178,000 after acquiring an additional 9,320 shares during the last quarter. Dynamic Technology Lab Private Ltd lifted its holdings in Costamare by 13.5% in the first quarter. Dynamic Technology Lab Private Ltd now owns 19,064 shares of the shipping company’s stock worth $188,000 after acquiring an additional 2,267 shares during the last quarter. Finally, Cubist Systematic Strategies LLC bought a new position in Costamare in the first quarter worth about $192,000. Institutional investors own 58.08% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on CMRE. Zacks Research cut shares of Costamare from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, October 21st. Weiss Ratings reissued a “hold (c)” rating on shares of Costamare in a research report on Wednesday, October 8th. Three investment analysts have rated the stock with a Hold rating, According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $13.00.

Check Out Our Latest Analysis on CMRE

Costamare Company Profile

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Further Reading

Earnings History for Costamare (NYSE:CMRE)

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