Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 27, 2019, it had a fleet of 78 containerships with a total capacity of approximately 548,000 twenty foot equivalent unit (TEU), including 73 vessels in the water, aggregating approximately 484,000 TEU; and 5 new build vessels of 64,000 TEU. The company was founded in 1974 and is based in Monaco.

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Community Sentiment

COSTAMARE INC/SH has received 64.15% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about COSTAMARE INC/SH and other stocks. Vote “Outperform” if you believe CMRE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe CMRE will underperform the S&P 500 over the long term. You may vote once every thirty days.

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COSTAMARE INC/SH (NYSE:CMRE) Frequently Asked Questions

How has COSTAMARE INC/SH's stock been impacted by COVID-19 (Coronavirus)?

COSTAMARE INC/SH's stock was trading at $5.61 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, CMRE stock has decreased by 5.5% and is now trading at $5.30. View which stocks have been most impacted by Coronavirus.

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for COSTAMARE INC/SH in the last year. There are currently 1 sell rating for the stock, resulting in a consensus recommendation of "Sell." View analyst ratings for COSTAMARE INC/SH.

When is COSTAMARE INC/SH's next earnings date?

How were COSTAMARE INC/SH's earnings last quarter?

COSTAMARE INC/SH (NYSE:CMRE) announced its earnings results on Wednesday, April, 29th. The shipping company reported $0.27 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.01. The shipping company earned $121 million during the quarter, compared to analysts' expectations of $123.80 million. COSTAMARE INC/SH had a net margin of 27.42% and a return on equity of 11.36%. The business's revenue for the quarter was up 7.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.12 earnings per share. View COSTAMARE INC/SH's earnings history.

How often does COSTAMARE INC/SH pay dividends? What is the dividend yield for COSTAMARE INC/SH?

COSTAMARE INC/SH announced a quarterly dividend on Thursday, April 2nd. Stockholders of record on Tuesday, April 21st will be paid a dividend of $0.10 per share on Thursday, May 7th. This represents a $0.40 dividend on an annualized basis and a yield of 7.55%. The ex-dividend date of this dividend is Monday, April 20th. View COSTAMARE INC/SH's dividend history.

What price target have analysts set for CMRE?

1 Wall Street analysts have issued 12-month price targets for COSTAMARE INC/SH's shares. Their forecasts range from $7.50 to $7.50. On average, they anticipate COSTAMARE INC/SH's stock price to reach $7.50 in the next year. This suggests a possible upside of 41.5% from the stock's current price. View analysts' price targets for COSTAMARE INC/SH.

Has COSTAMARE INC/SH been receiving favorable news coverage?

News stories about CMRE stock have trended somewhat positive this week, according to InfoTrie Sentiment. The research group rates the sentiment of media coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. COSTAMARE INC/SH earned a news impact score of 0.8 on InfoTrie's scale. They also gave news articles about the shipping company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an effect on the stock's share price in the next few days. View the latest news aboutCOSTAMARE INC/SH.

Are investors shorting COSTAMARE INC/SH?

COSTAMARE INC/SH saw a increase in short interest in May. As of May 15th, there was short interest totaling 1,950,000 shares, an increase of 27.5% from the April 30th total of 1,530,000 shares. Based on an average trading volume of 863,100 shares, the days-to-cover ratio is currently 2.3 days. Approximately 3.9% of the shares of the stock are short sold. View COSTAMARE INC/SH's Current Options Chain.

How do I buy shares of COSTAMARE INC/SH?

Shares of CMRE can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is COSTAMARE INC/SH's stock price today?

One share of CMRE stock can currently be purchased for approximately $5.30.

How big of a company is COSTAMARE INC/SH?

COSTAMARE INC/SH has a market capitalization of $631.39 million and generates $478.11 million in revenue each year. The shipping company earns $99 million in net income (profit) each year or $0.91 on an earnings per share basis. COSTAMARE INC/SH employs 1,680 workers across the globe.