CMRE icon

Costamare

8.57 USD
-0.36
4.03%
At close Apr 21, 4:00 PM EDT
After hours
8.57
+0.00
0.00%
1 day
-4.03%
5 days
-6.13%
1 month
-15.65%
3 months
-28.82%
6 months
-39.05%
Year to date
-36.52%
1 year
-23.35%
5 years
78.91%
10 years
-54.78%
 

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: 2,720

0
Funds holding %
of 7,419 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory disclosures by fund managers ($100M+ AUM)

259% more call options, than puts

Call options by funds: $10.5M | Put options by funds: $2.92M

50% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 18

4% more funds holding

Funds holding: 165 [Q3] → 171 (+6) [Q4]

0.06% less ownership

Funds ownership: 28.1% [Q3] → 28.04% (-0.06%) [Q4]

7% less repeat investments, than reductions

Existing positions increased: 57 | Existing positions reduced: 61

18% less capital invested

Capital invested by funds: $525M [Q3] → $429M (-$96.6M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

Low target
$13
52%
upside
Avg. target
$13
52%
upside
High target
$13
52%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Jefferies
Omar Nokta
4% 1-year accuracy
2 / 55 met price target
52%upside
$13
Hold
Maintained
5 Feb 2025

Financial journalist opinion

Based on 8 articles about CMRE published over the past 30 days

Neutral
GlobeNewsWire
4 days ago
Costamare Inc. Announces Plans for Costamare Bulkers Holdings Limited Spin-Off
MONACO, April 17, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) today announced that its Board of Directors has approved the previously announced spin-off of its dry bulk business into a standalone company, Costamare Bulkers Holdings Limited (“Costamare Bulkers”). The Company expects to complete the transaction, by way of a pro rata distribution to Costamare Inc. shareholders, on May 6, 2025.
Costamare Inc. Announces Plans for Costamare Bulkers Holdings Limited Spin-Off
Neutral
Zacks Investment Research
6 days ago
Why Costamare (CMRE) Dipped More Than Broader Market Today
Costamare (CMRE) closed at $8.92 in the latest trading session, marking a -1.22% move from the prior day.
Why Costamare (CMRE) Dipped More Than Broader Market Today
Positive
Zacks Investment Research
1 week ago
Costamare (CMRE) Soars 9.0%: Is Further Upside Left in the Stock?
Costamare (CMRE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
Costamare (CMRE) Soars 9.0%: Is Further Upside Left in the Stock?
Neutral
GlobeNewsWire
1 week ago
Costamare Inc. Announces Details for the Upcoming Costamare Bulkers Holdings Limited Virtual Analyst and Investor Day
MONACO, April 08, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) announces Conference Call Details for the virtual Analyst and Investor Day that the incoming management team of Costamare Bulkers Holdings Limited (“Costamare Bulkers”) will host on Wednesday April 9, 2025, at 9:00 a.m. Eastern Daylight Time. Costamare Bulkers is the new company that will hold Costamare Inc.'s owned dry bulk vessels and the CBI operating platform upon completion of Costamare Inc.'s previously announced spin-off of its dry bulk business.
Costamare Inc. Announces Details for the Upcoming Costamare Bulkers Holdings Limited Virtual Analyst and Investor Day
Neutral
GlobeNewsWire
2 weeks ago
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
MONACO, April 02, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred Stock”) (NYSE: CMRE PR B), US $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (the “Series C Preferred Stock”) (NYSE: CMRE PR C) and US $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) (NYSE: CMRE PR D). The dividend for the Series B Preferred Stock, the Series C Preferred Stock and the Series D Preferred Stock is for the period from January 15, 2025 to April 14, 2025. The dividend will be paid on April 15, 2025 to all holders of record as of April 14, 2025 of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock.
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
Negative
Zacks Investment Research
3 weeks ago
Costamare (CMRE) Stock Falls Amid Market Uptick: What Investors Need to Know
In the closing of the recent trading day, Costamare (CMRE) stood at $9.84, denoting a -1.2% change from the preceding trading day.
Costamare (CMRE) Stock Falls Amid Market Uptick: What Investors Need to Know
Neutral
GlobeNewsWire
3 weeks ago
Costamare Inc. Announces Costamare Bulkers Holdings Limited Virtual Analyst And Investor Day April 9
MONACO, March 31, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) today announced that the incoming management team of Costamare Bulkers Holdings Limited (“Costamare Bulkers”) will host a virtual Analyst and Investor Day on Wednesday April 9th, 2025, at 9:00 a.m. Eastern Daylight Time. Costamare Bulkers is the new company that will hold Costamare Inc.'s owned dry bulk vessels and the CBI operating platform upon completion of Costamare Inc.'s previously announced spin-off of its dry bulk business. The Costamare Bulkers presenting team will be led by Gregory Zikos serving as Chief Executive Officer, in addition to his role as Chief Financial Officer of Costamare Inc.
Costamare Inc. Announces Costamare Bulkers Holdings Limited Virtual Analyst And Investor Day April 9
Negative
Zacks Investment Research
4 weeks ago
Costamare (CMRE) Rises Yet Lags Behind Market: Some Facts Worth Knowing
The latest trading day saw Costamare (CMRE) settling at $10.25, representing a +0.89% change from its previous close.
Costamare (CMRE) Rises Yet Lags Behind Market: Some Facts Worth Knowing
Negative
Zacks Investment Research
1 month ago
Costamare (CMRE) Increases Despite Market Slip: Here's What You Need to Know
The latest trading day saw Costamare (CMRE) settling at $10.45, representing a +1.55% change from its previous close.
Costamare (CMRE) Increases Despite Market Slip: Here's What You Need to Know
Neutral
GlobeNewsWire
1 month ago
Costamare Inc. Announces Spin-Off of Its Dry Bulk Business
MONACO, Feb. 27, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) today announced its intent to spin-off the Company's dry bulk business into a standalone company, Costamare Bulkers Holdings Limited. The planned spin-off will result in two separate, publicly traded companies:
Costamare Inc. Announces Spin-Off of Its Dry Bulk Business
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