Costamare (CMRE)
NYSE:CMRE
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CMRE Stock Chart & Stats
$17.13
-$0.09(-0.71%)
At close: 4:00 PM EST
$17.13
-$0.09(-0.71%)
Day’s Range― - ―
52-Week Range$8.41 - $18.06
Previous CloseN/A
Volume103.48K
Average Volume (3M)466.84K
Market Cap
$1.85B
Enterprise Value$2.77B
Total Cash (Recent Filing)$602.26M
Total Debt (Recent Filing)$1.49B
Price to Earnings (P/E)5.4
Beta0.77
Next Earnings
Jul 23, 2026EPS Estimate
0.57Next Dividend Ex-DateN/A
Dividend Yield2.94%
Share Statistics
EPS (TTM)2.68
Shares Outstanding120,588,760
10 Day Avg. Volume434,344
30 Day Avg. Volume466,836
Financial Highlights & Ratios
PEG Ratio0.30
Price to Book (P/B)0.91
Price to Sales (P/S)2.16
P/FCF Ratio4.02
Enterprise Value/Market Cap1.49
Enterprise Value/Revenue3.26
Enterprise Value/Gross Profit5.58
Enterprise Value/Ebitda4.86
Forecast
1Y Price Target
$21.00Price Target Upside22.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)2.56
Revenue Forecast (FY)$809.74M
Bulls Say, Bears Say
Bulls Say
High ProfitabilitySustained, very high TTM margins indicate the core containership leasing model generates strong earnings power and operating leverage. Durable margin levels provide a structural cushion to cover financing costs, support dividend payouts and absorb cyclical rate weakness over the coming months.
Improving Leverage And Strong Equity BaseA debt-to-equity ratio below 1.0 and a rising equity base signal a healthier capital structure versus past years. This improvement lowers refinancing and liquidity risk, enhances access to financing for vessel investment, and gives management scope to maintain dividends and fund growth without over-reliance on short-term markets.
Material Long-Term Contracted Revenue VisibilitySecuring 16 newbuilds with long-term COSCO charters and large contracted revenues materially extends forward revenue visibility. Multi-year charters reduce re-rate exposure at each renewal, underpin earnings predictability, and facilitate long-tenor financing, improving structural cashflow stability over the medium term.
Bears Say
Contracting Top-lineA materially contracting top line signals weaker demand or lower charter rates, which can erode future revenue as older high-rate charters roll off. Over 2–6 months this trend can compress utilization and renewal pricing, challenging the sustainability of current profit levels if not offset by new long-term contracts.
Weak Cash Conversion And VolatilityPersistently weak cash conversion and volatile free cash flow reduce the firm's ability to self-fund capex, service debt and sustain dividends without external financing. In a cyclical shipping market this inconsistent cash generation raises refinancing and liquidity risk across the medium term.
Significant Capital Commitments And Debt ExposureLarge newbuild commitments and meaningful absolute debt increase fixed obligations and deployment risk despite improved ratios. If charter markets deteriorate, elevated debt and capital outlays can amplify downside, forcing asset sales or more expensive refinancing even though long-tenor financing partially mitigates timing risk.
Costamare News
CMRE FAQ
What was Costamare’s price range in the past 12 months?
Costamare lowest stock price was $8.41 and its highest was $18.05 in the past 12 months.
What is Costamare’s market cap?
Costamare’s market cap is $1.85B.
When is Costamare’s upcoming earnings report date?
Costamare’s upcoming earnings report date is Jul 23, 2026 which is in 51 days.
How were Costamare’s earnings last quarter?
Costamare released its earnings results on Apr 29, 2026. The company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.575 by $0.055.
Is Costamare overvalued?
According to Wall Street analysts Costamare’s price is currently Undervalued.
Does Costamare pay dividends?
Costamare pays a Quarterly dividend of $0.115 which represents an annual dividend yield of 2.94%. See more information on Costamare dividends here
What is Costamare’s EPS estimate?
Costamare’s EPS estimate is 0.57.
How many shares outstanding does Costamare have?
Costamare has 120,588,760 shares outstanding.
What happened to Costamare’s price movement after its last earnings report?
Costamare reported an EPS of $0.63 in its last earnings report, beating expectations of $0.575. Following the earnings report the stock price went down -2.18%.
Which hedge fund is a major shareholder of Costamare?
Currently, no hedge funds are holding shares in CMRE
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Costamare Stock Smart Score
Outperform
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$21.00 (22.59% Upside)
$21.00 (22.59% Upside)
Blogger Sentiment
Neutral
CMRE Sentiment 50%
Sector Average ―
Sector Average ―
Hedge Fund Trend
Decreased
By 15.2K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 4.1%
Last 30 Days ▼ 2.6%
Last 30 Days ▼ 2.6%
Technicals
SMA
Positive
20 days / 200 days
Momentum
88.29%
12-Months-Change
Fundamentals
Return on Equity
16.80%
Trailing 12-Months
Asset Growth
-23.46%
Trailing 12-Months
Company Description
Costamare
Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. The company was founded in 1974 and is based in Monaco.
CMRE Company Deck
CMRE Earnings Call
Q1 2026
0:00 / 0:00
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.View all CMRE earnings summariesCMRE Stock 12 Month Forecast
Average Price Target
$21.00
▲(22.59% Upside)
Technical Analysis
Danaos
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Global Ship Lease
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Navios Maritime Partners
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SFL Corporation
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Star Bulk Carriers
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Ownership Overview
28.97% Insiders
9.09% Mutual Funds
4.50% Other Institutional Investors
51.21% Public Companies and
Individual Investors