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Costamare (CMRE)
NYSE:CMRE
Earnings Data
Report Date
May 08, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.69Last Year’s EPS
0.61Same Quarter Last Year
Based on 0 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a predominantly positive operational and financial picture: strong quarterly and annual profitability, robust liquidity, significant forward chartering adding ~$940 million of incremental contracted revenues, high fleet deployment (96% for 2026) and very low idle tonnage (0.5%), supported by financing actions and an expanding leasing platform. Downsides were limited to an accounting-driven increase in deferred revenues (requiring cash-revenue adjustments), a decision not to accelerate debt prepayments despite strong free cash flow, and limited quantified forward guidance on margins. Overall, the positives materially outweigh the negatives.Company Guidance
Strong Quarterly and Annual Profitability
Net income for Q4 2025 of about $73 million (adjusted net income for the quarter ~$72 million or $0.60 per share). Net income for the full year ~ $370 million (adjusted net income for 2025 ~$376 million or $3.12 per share).
Robust Liquidity Position
Cash liquidity of $590 million at year-end, providing financial flexibility for operations, financing and investments.
Substantial Forward Bookings and Contracted Revenues
Forward chartered 12 vessels (4,000 to 14,000 TEU) commencing over the next 3 years; incremental contracted revenues of approximately $940 million. Total contracted revenues reached $3.4 billion with a TEU-weighted remaining time charter duration of 4.5 years.
High Fleet Deployment and Extremely Low Idleness
Fleet deployment fixed at 96% for 2026 and 92% for 2027. Idle fleet below 1% (reported 0.5%), indicating a tight market and strong demand for tonnage.
Long-Duration Charters Securing Cash Flows
New charters have a TEU-weighted average duration of 6 years, strengthening long-term contracted cash flows and visibility.
Financing Arrangements and Lower Funding Cost
Pre- and post-delivery financing agreed for all 6 newbuild vessels and refinancing of 2 container ships at substantially lower funding cost. Company reports no significant debt maturities until 2027.
Leasing Platform Expansion (Neptune Maritime Leasing)
Increased investment commitment to about $250 million (nearly $180 million invested to date). NML has funded or committed to fund 54 assets with total investments/commitments exceeding $665 million.
Continued Dividend Track Record
Management emphasized a long, uninterrupted dividend track record, signaling shareholder returns continuity.
CMRE Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CMRE Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 18, 2026 | $17.09 | $17.15 | +0.35% |
Nov 04, 2025 | $12.34 | $12.89 | +4.51% |
Jul 31, 2025 | $9.38 | $9.91 | +5.66% |
May 08, 2025 | $6.84 | $7.55 | +10.36% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Costamare (CMRE) report earnings?
Costamare (CMRE) is schdueled to report earning on May 08, 2026, After Close (Confirmed).
What is Costamare (CMRE) earnings time?
Costamare (CMRE) earnings time is at May 08, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is CMRE EPS forecast?
CMRE EPS forecast for the fiscal quarter 2026 (Q1) is 0.69.