Costamare Bulkers Holdings Limited (CMDB)
NYSE:CMDB
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Costamare Bulkers Holdings Limited
(NYSE:CMDB)
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Rating:47Neutral
Price Target:
$17.00
▲(9.04% Upside)
Action:ReiteratedDate:04/03/26
The score is driven primarily by weak financial performance due to sustained losses and margin compression, partially offset by improved leverage and a rebound to positive operating/free cash flow. Technicals are broadly neutral with negative MACD, and valuation is limited by a negative P/E with no dividend support.
Positive Factors
Improved Leverage
Material deleveraging in 2025 meaningfully enhances financial flexibility over the medium term. A lower debt burden reduces default risk, increases room for opportunistic capex or acquisitions, and supports continued fleet renewal without immediate reliance on costly external financing.
Negative Factors
Sustained Losses
Persistent operating and net losses erode core profitability and shareholder returns, constraining the company’s ability to convert improved balance sheet strength into value. Continued losses threaten long-term ROE and limit capacity to consistently fund growth or return capital.
Read all positive and negative factors
Positive Factors
Negative Factors
Improved Leverage
Material deleveraging in 2025 meaningfully enhances financial flexibility over the medium term. A lower debt burden reduces default risk, increases room for opportunistic capex or acquisitions, and supports continued fleet renewal without immediate reliance on costly external financing.
Read all positive factors
Costamare Bulkers Holdings Limited (CMDB) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$427.03M
Dividend YieldN/A
Average Volume (3M)65.04K
Price to Earnings (P/E)―
Beta (1Y)0.48
Revenue GrowthN/A
EPS GrowthN/A
CountryUS
Employees1,120
SectorIndustrials
Sector Strength72
IndustryMarine Shipping
Share Statistics
EPS (TTM)N/A
Shares Outstanding24,180,471
10 Day Avg. Volume110,360
30 Day Avg. Volume65,044
Financial Highlights & Ratios
PEG Ratio0.16
Price to Book (P/B)0.32
Price to Sales (P/S)0.37
P/FCF Ratio5.75
Enterprise Value/Market Cap0.96
Enterprise Value/Revenue0.65
Enterprise Value/Gross Profit9.38
Enterprise Value/Ebitda126.86
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
Costamare Bulkers Holdings Limited Business Overview & Revenue Model
Company Description
Costamare Bulkers Holdings Limited is an international operator of dry bulk vessels, providing transportation services for major commodities such as grain, coal, and iron ore. The Company manages vessel chartering and freight contracts through its...
How the Company Makes Money
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Costamare Bulkers Holdings Limited Financial Statement Overview
Summary
Income Statement
34
Negative
Balance Sheet
57
Neutral
Cash Flow
49
Neutral
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 |
|---|---|---|---|---|
Income Statement | ||||
| Total Revenue | 674.01M | 1.20B | 663.12M | 316.47M |
| Gross Profit | 12.91M | 136.94M | 53.91M | 274.76M |
| EBITDA | 16.67M | -33.60M | -79.90M | 149.64M |
| Net Income | -42.15M | -98.25M | -147.70M | 90.44M |
Balance Sheet | ||||
| Total Assets | 1.09B | 1.24B | 1.19B | 871.84M |
| Cash, Cash Equivalents and Short-Term Investments | 248.80M | 49.86M | 33.68M | 104.35M |
| Total Debt | 228.72M | 713.83M | 621.51M | 385.55M |
| Total Liabilities | 309.79M | 818.98M | 711.83M | 425.83M |
| Stockholders Equity | 781.77M | 422.02M | 474.69M | 446.01M |
Cash Flow | ||||
| Free Cash Flow | 43.90M | -228.39M | -272.73M | 61.87M |
| Operating Cash Flow | 75.59M | -55.53M | -196.79M | 117.60M |
| Investing Cash Flow | 74.54M | -46.76M | -9.69M | -36.88M |
| Financing Cash Flow | 63.26M | 116.92M | 133.25M | 26.03M |
Costamare Bulkers Holdings Limited Peers Comparison
UnderperformOutperform
Sector (63)
CMDB
Costamare Bulkers Holdings Limited
17.66
4.16
30.81%
HMR
Heidmar Maritime Holdings Corp.
0.84
-1.82
-68.42%
Costamare Bulkers Holdings Limited Corporate Events
Costamare Bulkers Files 2025 Form 20-F and Publishes Annual Report
Mar 31, 2026
Costamare Bulkers Holdings Limited, a Monaco-based international owner and operator of dry bulk vessels with a 31-ship fleet and an affiliated dry bulk operating platform, focuses on transporting dry bulk commodities and actively managing freight ...
Costamare Bulkers Posts Q4 2025 Loss but Strengthens Balance Sheet and Renews Dry Bulk Fleet
Feb 20, 2026
On February 20, 2026, Costamare Bulkers reported unaudited results for the fourth quarter and full year ended December 31, 2025, its second full quarter as an independent public company after a May 6, 2025 spin-off from Costamare Inc. The company ...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.