CMRE - Costamare Inc.
After hours:
| Previous close | 7.91 |
| Open | 8.08 |
| Bid | 8.07 x 3000 |
| Ask | 8.48 x 800 |
| Day's range | 8.06 - 8.38 |
| 52-week range | 7.71 - 14.74 |
| Volume | |
| Avg. volume | 603,060 |
| Market cap | 1.016B |
| Beta (5Y monthly) | 1.36 |
| PE ratio (TTM) | 1.84 |
| EPS (TTM) | 4.49 |
| Earnings date | 26 July 2023 - 31 July 2023 |
| Forward dividend & yield | 0.46 (5.82%) |
| Ex-dividend date | 18 Apr 2023 |
| 1y target est | 11.00 |
Motley FoolDid Costamare Just Make a Huge Mistake?
For the longest time, Monaco-based Costamare (NYSE: CMRE) was known as a containership operator -- a good one, to be sure. In June 2021, Costamare began dipping its toe in the dry bulk shipping sector, announcing the acquisition of 16 used dry bulk ships with an average age of about 10 years. In subsequent quarters, the company has grown this part of its fleet, and late last year, it announced that it had made a "strategic decision" to "enter the dry bulk sector at an opportune time in the cycle."
ZacksCostamare (CMRE) Matches Q1 Earnings Estimates
Costamare (CMRE) delivered earnings and revenue surprises of 0% and 9.56%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
GlobeNewswireCostamare Inc. Reports Results for the First Quarter Ended March 31, 2023
MONACO, May 15, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2023 (“Q1 2023”). PROFITABILITY AND LIQUIDITY Q1 2023 Net Income available to common stockholders of $141.6 million ($1.16 per share).Q1 2023 Adjusted Net Income available to common stockholders1 of $46.5 million ($0.38 per share).Q1 2023 liquidity of $1,076.0 million2. DRY BULK OPERATING PLATFORM First full operation
- GlobeNewswire
Costamare Inc. Sets the Date for Its First Quarter 2023 Results release, Conference Call and Webcast
Earnings Release: Monday, May 15, 2023, Before Market Opens Conference Call and Webcast: Monday, May 15, 2023, at 8:30 a.m. ET MONACO, May 10, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the first quarter ended March 31, 2023 before the market opens in New York on Monday, May 15, 2023. Conference Call Details: On Monday, May 15, 2023 at 8:30 a.m. ET, Costamare’s management team will hold a conference call to discuss the financial resu
Simply Wall St.Costamare (NYSE:CMRE) Might Have The Makings Of A Multi-Bagger
There are a few key trends to look for if we want to identify the next multi-bagger. Firstly, we'll want to see a...
ZacksGenco Shipping & Trading (GNK) Q1 Earnings Miss Estimates
Genco Shipping (GNK) delivered earnings and revenue surprises of -60% and 0.59%, respectively, for the quarter ended March 2023. Do the numbers hold clues to what lies ahead for the stock?
ZacksInternational Seaways (INSW) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
International Seaways (INSW) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
ZacksEarnings Preview: Costamare (CMRE) Q1 Earnings Expected to Decline
Costamare (CMRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- Simply Wall St.
We Ran A Stock Scan For Earnings Growth And Costamare (NYSE:CMRE) Passed With Ease
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
- GlobeNewswire
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
MONACO, April 03, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred Stock”) (NYSE: CMRE PR B), US $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (the “Series C Preferred Stock”) (NYSE: CMRE PR C), US $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stoc
- GlobeNewswire
Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2022
MONACO, April 03, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission and can be accessed on the Company’s website, www.costamare.com, in the “Investors” section under “Annual Reports”. Stockholders may also request a hard copy of the Annual Report, which includes the Company’s complet
- Simply Wall St.
Costamare Inc. (NYSE:CMRE) insider upped their holding by 3.2% earlier this year
Viewing insider transactions for Costamare Inc.'s ( NYSE:CMRE ) over the last year, we see that insiders were net...
GlobeNewswireNeptune Maritime Leasing Announces Investment From Costamare Inc.
ST HELIER, Jersey, March 16, 2023 (GLOBE NEWSWIRE) -- Neptune Maritime Leasing Limited (“Neptune Leasing” or the “Company”) is pleased to announce that Costamare Inc., (“Costamare”) (NYSE: CMRE), has agreed to become the leading investor in Neptune Leasing through the investment of an amount of up to $200M. Costamare will be appointing three additional members to the Board of Neptune Leasing, including Vassilis Mantzavinos, an experienced shipping banker. Nikoletta Fouska, Chief Investment Offic
- GlobeNewswire
Costamare Inc. Announces Investment in Neptune Maritime Leasing Limited
MONACO, March 16, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) has agreed to become the leading investor in Neptune Maritime Leasing Limited (“Neptune Leasing”) through the investment of an amount of up to $200 million. Neptune Leasing is a growth-oriented maritime leasing platform providing flexible financing solutions to shipowners, which was established in 2021 by seasoned financier Harris Antoniou, who will continue as CEO. Mr. Vassilis Mantzavinos, an
- Simply Wall St.
With 64% ownership, Costamare Inc. (NYSE:CMRE) insiders have a lot riding on the company's future
Key Insights Significant insider control over Costamare implies vested interests in company growth A total of 3...
ZacksCostamare (CMRE) Misses Q4 Earnings and Revenue Estimates
Costamare (CMRE) delivered earnings and revenue surprises of -12.86% and 1.70%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- GlobeNewswire
Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2022
MONACO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2022”) and year ended December 31, 2022. I. RECORD PROFITABILITY FOR YEAR ENDED 2022 2022 Net Income available to common stockholders of $523.9 million ($4.26 per share) vs $404.1 million ($3.28 per share) in 2021.2022 Adjusted Net Income available to common stockholders1 of $405.3 million ($3.30 per share) vs $289.9 million (
ZacksCostamare (CMRE) to Report Q4 Earnings: What's in Store?
High costs are likely to have restricted Costamare's (CMRE) bottom-line performance in fourth-quarter 2022.
- GlobeNewswire
Costamare Inc. Sets the Date for Its Fourth Quarter 2022 Results Release, Conference Call and Webcast
Earnings Release: Wednesday, February 8, 2023, Before Market OpensConference Call and Webcast: Wednesday, February 8, 2023, at 8:30 a.m. ET MONACO, Feb. 03, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the fourth quarter ended December 31, 2022 before the market opens in New York on Wednesday, February 8, 2023. Conference Call Details: On Wednesday, February 8, 2023 at 8:30 a.m. ET, Costamare’s management team will hold a conference ca
- Simply Wall St.
Those who invested in Costamare (NYSE:CMRE) five years ago are up 128%
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the...
- Simply Wall St.
Should You Think About Buying Costamare Inc. (NYSE:CMRE) Now?
Costamare Inc. ( NYSE:CMRE ), is not the largest company out there, but it saw a decent share price growth in the teens...
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Euronav NV (EURN) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions could translate into further price increase in the near term.
- Simply Wall St.
Costamare (NYSE:CMRE) Has Affirmed Its Dividend Of $0.115
Costamare Inc.'s ( NYSE:CMRE ) investors are due to receive a payment of $0.115 per share on 7th of February. This...
- GlobeNewswire
Costamare Inc. Announces Formation of New Dry Bulk Operating Platform
MONACO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Following its strategic decision to enter the dry bulk sector at an opportune time in the cycle, Costamare Inc. (“Costamare” or the “Company”) has proceeded to establish a new dry bulk operating platform with a team of experienced professionals, who will join Costamare in investing in the new venture. The new venture will charter-in/out dry bulk vessels, enter into contracts of affreightment and utilize hedging solutions, including, forward freight agree
- Simply Wall St.
Costamare (NYSE:CMRE) Is Experiencing Growth In Returns On Capital
What trends should we look for it we want to identify stocks that can multiply in value over the long term? Ideally, a...
