Costamare Inc. (CMRE)

NYSE: CMRE · Real-Time Price · USD
8.76
+0.09 (1.04%)
May 14, 2025, 9:29 AM - Market open
1.04%
Market Cap 1.05B
Revenue (ttm) 2.05B
Net Income (ttm) 291.51M
Shares Out 120.11M
EPS (ttm) 2.44
PE Ratio 3.56
Forward PE 2.89
Dividend $0.46 (5.31%)
Ex-Dividend Date Apr 17, 2025
Volume 1,097
Open n/a
Previous Close 8.67
Day's Range n/a
52-Week Range 6.63 - 17.58
Beta 1.15
Analysts Hold
Price Target 13.50 (+54.11%)
Earnings Date May 8, 2025

About CMRE

Costamare Inc. owns and operates containerships and dry bulk vessels worldwide. Its containerships are chartered to liner companies providing transportation of cargoes. The company also charters dry bulk vessels to various customers providing worldwide transportation for dry bulk cargoes. As of February 12, 2025, it had a fleet of fleet of 68 containerships and 38 dry bulk vessels. The company was founded in 1974 and is based in Monaco. [Read more]

Industry Marine Shipping
Sector Industrials
IPO Date Nov 4, 2010
Employees 2,430
Stock Exchange NYSE
Ticker Symbol CMRE
Full Company Profile

Financial Performance

In 2024, Costamare's revenue was $2.08 billion, an increase of 37.88% compared to the previous year's $1.51 billion. Earnings were $290.68 million, a decrease of -18.05%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for CMRE stock is "Hold." The 12-month stock price forecast is $13.5, which is an increase of 54.11% from the latest price.

Price Target
$13.5
(54.11% upside)
Analyst Consensus: Hold
Stock Forecasts

News

Costamare Inc. (CMRE) Q1 2025 Earnings Call Transcript

Costamare Inc. (NYSE:CMRE) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Operator Thank you for standing by, ladies and...

4 days ago - Seeking Alpha

Costamare Inc. Reports Results for the First Quarter Ended March 31, 2025

MONACO, May 08, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2025 (“Q1 2025”).

6 days ago - GlobeNewsWire

Costamare Inc. Announces Completion of the Costamare Bulkers Holdings Limited Spin-Off

MONACO , May 07, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) announced today that it has completed the spin-off of its dry bulk business into a standalone public company, Costa...

7 days ago - GlobeNewsWire

Costamare Bulkers Holdings Limited Debuts as Independent, Publicly Traded Company

MONACO, May 07, 2025 (GLOBE NEWSWIRE) -- Costamare Bulkers Holdings Limited (NYSE:CMDB) (“Costamare Bulkers” or the “Company”) announced today its debut as an independent, publicly traded company and ...

7 days ago - GlobeNewsWire

Costamare Inc. Sets the Date for Its First Quarter 2025 Results Release, Conference Call and Webcast

Earnings Release: Thursday, May 8, 2025, Before Market Opens Conference Call and Webcast: Thursday, May 8, 2025, at 8:30 a.m. ET

7 days ago - GlobeNewsWire

Costamare Inc. Announces Plans for Costamare Bulkers Holdings Limited Spin-Off

MONACO, April 17, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) today announced that its Board of Directors has approved the previously announced spin-off of its dry bulk busines...

27 days ago - GlobeNewsWire

Costamare Inc. Announces Details for the Upcoming Costamare Bulkers Holdings Limited Virtual Analyst and Investor Day

MONACO, April 08, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) announces Conference Call Details for the virtual Analyst and Investor Day that the incoming management team of Co...

5 weeks ago - GlobeNewsWire

Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock

MONACO, April 02, 2025 (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 Pref...

6 weeks ago - GlobeNewsWire

Costamare Inc. Announces Costamare Bulkers Holdings Limited Virtual Analyst And Investor Day April 9

MONACO, March 31, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) today announced that the incoming management team of Costamare Bulkers Holdings Limited (“Costamare Bulkers”) will...

6 weeks ago - GlobeNewsWire

Costamare Inc. Announces Spin-Off of Its Dry Bulk Business

MONACO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) today announced its intent to spin-off the Company's dry bulk business into a standalone company, Costamare Bulkers Holdings Limite...

2 months ago - GlobeNewsWire

Costamare Inc. Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2024

MONACO, Feb. 20, 2025 (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, 2024 (th...

2 months ago - GlobeNewsWire

Costamare Inc. (CMRE) Q4 2024 Earnings Call Transcript

Costamare Inc. (NYSE:CMRE) Q4 2024 Earnings Conference Call February 5, 2025 8:30 AM ET Company Participants Gregory Zikos - Chief Financial Officer Conference Call Participants Ben Nolan - Stifel Cl...

3 months ago - Seeking Alpha

Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2024

MONACO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2024”) and year ended Decemb...

3 months ago - GlobeNewsWire

Costamare Inc. Sets the Date for Its Fourth Quarter 2024 Results Release, Conference Call and Webcast

Earnings Release: Wednesday, February 5, 2025, Before Market Opens Conference Call and Webcast: Wednesday, February 5, 2025, at 8:30 a.m. ET

3 months ago - GlobeNewsWire

Tariffs, Trump and China: What 2025 holds for shipping stocks

The shipping industry enters 2025 with tariffs on the horizon as President-elect Donald Trump prepares to take office.

4 months ago - Market Watch

The 4 S's driving retail success in 2025: Expert

Telsey Advisory Group CEO and chief research officer Dana Telsey joins Madison Mills on Catalysts to share her outlook for the retail sector in 2025. Telsey maintains an optimistic stance, noting that...

Other symbols: BBWIWMT
4 months ago - Yahoo Finance

Costamare: Attractive Valuations And A 3.5% Dividend Yield

Initiating coverage on Costamare with a "Buy" rating and an 18–24 month horizon due to attractive valuation and sustainable dividends. Strong fundamentals: robust liquidity, healthy credit metrics, an...

5 months ago - Seeking Alpha

Neptune Maritime Leasing Awarded “Shipping Financier of the Year 2024” By Lloyd's List Greek Shipping Awards

ST HELIER, Jersey, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Neptune Maritime Leasing Limited (“Neptune Leasing” or the “Company”), a growth-oriented maritime leasing platform with the mission to providing sh...

5 months ago - GlobeNewsWire

Costamare Inc. (CMRE) Q3 2024 Earnings Call Transcript

Costamare Inc. (NYSE:CMRE) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Omar Nokta - Jefferies Clement Mullins - ...

6 months ago - Seeking Alpha

Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2024

MONACO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2024”) and nine-months ended ...

6 months ago - GlobeNewsWire

Costamare Inc. Sets the Date for Its Third Quarter 2024 Results Release, Conference Call and Webcast

Earnings Release: Friday, November 1, 2024, Before Market Opens Conference Call and Webcast: Friday, November 1, 2024, at 8:30 a.m. ET

6 months ago - GlobeNewsWire

Ex-Dividend Reminder: Caterpillar, Graco And Costamare

On 10/21/24, Caterpillar, Graco and Costamare will all trade ex-dividend for their respective upcoming dividends. Caterpillar will pay its quarterly dividend of $1.41 on 11/20/24, Graco will pay its q...

Other symbols: CATGGG
7 months ago - Forbes

Costamare Inc. Announces Election of Class II Directors at 2024 Annual Meeting of Stockholders

MONACO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced the election of...

7 months ago - GlobeNewsWire

Costamare Inc. (CMRE) Q2 2024 Earnings Call Transcript

Costamare Inc. (NYSE:CMRE) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Dylan O'Malley - Stifel Climent Molins - Va...

10 months ago - Seeking Alpha

Costamare Inc. Sets the Date for Its Second Quarter 2024 Results Release, Conference Call and Webcast

Earnings Release: Wednesday, July 31, 2024, Before Market Opens Conference Call and Webcast: Wednesday, July 31, 2024, at 8:30 a.m. ET

10 months ago - GlobeNewsWire