CMRE icon

Costamare

10.24 USD
+0.40
4.07%
Updated Apr 1, 3:19 PM EDT
1 day
4.07%
5 days
1.09%
1 month
2.61%
3 months
-24.15%
6 months
-33.64%
Year to date
-24.15%
1 year
-10.10%
5 years
135.94%
10 years
-40.71%
 

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 7,398 funds
Analysts bullish %

Fund manager confidence

Based on 2024 Q4 regulatory filings 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]

0.31% less ownership

Funds ownership: 28.38% [Q3] → 28.07% (-0.31%) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 62

19% less capital invested

Capital invested by funds: $531M [Q3] → $429M (-$101M) [Q4]

Research analyst outlook

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

Low target
$13
27%
upside
Avg. target
$13
27%
upside
High target
$13
27%
upside

1 analyst rating

positive
0%
neutral
100%
negative
0%
Jefferies
Omar Nokta
11% 1-year accuracy
6 / 55 met price target
27%upside
$13
Hold
Maintained
5 Feb 2025

Financial journalist opinion

Based on 4 articles about CMRE published over the past 30 days

Negative
Zacks Investment Research
20 hours 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
1 day 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
1 week 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 week 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
Neutral
GlobeNewsWire
1 month ago
Costamare Inc. Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2024
MONACO, Feb. 20, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2024 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission and can be accessed on the Company's website, www.costamare.com, in the “Investors” section under “Annual Reports”.
Costamare Inc. Announces Availability of its Annual Report on Form 20-F for the Year Ended December 31, 2024
Neutral
Seeking Alpha
1 month ago
Costamare Inc. (CMRE) Q4 2024 Earnings Call Transcript
Costamare Inc. (NYSE:CMRE ) Q4 2024 Earnings Conference Call February 5, 2025 8:30 AM ET Company Participants Gregory Zikos - Chief Financial Officer Conference Call Participants Ben Nolan - Stifel Clement Mullins - Value Investors Edge Operator Thank you for standing by ladies and gentlemen and welcome to the Costamare Inc. Conference Call on the Fourth Quarter 2024 Financial Results. We have with us Mr.
Costamare Inc. (CMRE) Q4 2024 Earnings Call Transcript
Positive
Zacks Investment Research
1 month ago
Costamare (CMRE) Tops Q4 Earnings and Revenue Estimates
Costamare (CMRE) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.68 per share a year ago.
Costamare (CMRE) Tops Q4 Earnings and Revenue Estimates
Neutral
GlobeNewsWire
1 month ago
Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2024
MONACO, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2024”) and year ended December 31, 2024.
Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2024
Neutral
GlobeNewsWire
1 month ago
Costamare Inc. Sets the Date for Its Fourth Quarter 2024 Results Release, Conference Call and Webcast
Earnings Release: Wednesday, February 5, 2025, Before Market Opens Conference Call and Webcast: Wednesday, February 5, 2025, at 8:30 a.m. ET
Costamare Inc. Sets the Date for Its Fourth Quarter 2024 Results Release, Conference Call and Webcast
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