CostamareCMRE
Market Cap: $1.72B
About: Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and among others. Costamare provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.
Employees: 2,750
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
253% more call options, than puts
Call options by funds: $20.8M | Put options by funds: $5.9M
56% more capital invested
Capital invested by funds: $328M [Q1] → $512M (+$184M) [Q2]
45% more first-time investments, than exits
New positions opened: 29 | Existing positions closed: 20
15% more repeat investments, than reductions
Existing positions increased: 61 | Existing positions reduced: 53
6% more funds holding
Funds holding: 152 [Q1] → 161 (+9) [Q2]
2.16% more ownership
Funds ownership: 24.09% [Q1] → 26.25% (+2.16%) [Q2]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
2 analyst ratings
Jefferies Omar Nokta 42% 1-year accuracy 18 / 43 met price target | 10%downside $13 | Hold Maintained | 31 Jul 2024 |
Stifel Benjamin Nolan 46% 1-year accuracy 19 / 41 met price target | 3%downside $14 | Hold Maintained | 24 Jul 2024 |
Financial journalist opinion
Based on 3 articles about CMRE published over the past 30 days