Costamare Stock Today
| CMRE Stock | USD 14.44 0.06 0.41% |
Performance4 of 100
| Odds Of DistressLess than 5
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Costamare is trading at 14.44 as of the 21st of November 2024, a 0.41 percent decrease since the beginning of the trading day. The stock's lowest day price was 14.27. Costamare has under 5 % chance of experiencing financial distress over the next 2 years but had a somewhat insignificant performance during the last 90 days. Equity ratings for Costamare are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 22nd of October 2024 and ending today, the 21st of November 2024. Click here to learn more.
Business Domain Transportation | IPO Date 4th of November 2010 | Category Industrials |
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 has 119.46 M outstanding shares of which 2.3 M shares are currently shorted by private and institutional investors with about 7.13 trading days to cover. More on Costamare
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Costamare Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| Chairman | Konstantinos Konstantakopoulos | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Marine Transportation, Marine Shipping, Industrials, NYSE Composite, Industrials, Marine Transportation, Marine Shipping, Industrials (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsCostamare can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Costamare's financial leverage. It provides some insight into what part of Costamare's total assets is financed by creditors.
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Costamare (CMRE) is traded on New York Stock Exchange in USA. It is located in 7 Rue du Gabian, Monaco, Monaco, 98000 and employs 2,750 people. Costamare is listed under Marine Transportation category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 1.74 B. Costamare conducts business under Marine Transportation sector and is part of Industrials industry. The entity has 119.46 M outstanding shares of which 2.3 M shares are currently shorted by private and institutional investors with about 7.13 trading days to cover.
Costamare currently holds about 611.13 M in cash with 331.37 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 5.01.
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Ownership AllocationCostamare holds a total of 119.46 Million outstanding shares. Costamare shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.11 percent of Costamare outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Costamare Ownership Details
Costamare Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Federated Hermes Inc | 2024-09-30 | 739 K | |
| Goldman Sachs Group Inc | 2024-06-30 | 621.3 K | |
| Empowered Funds, Llc | 2024-06-30 | 543.6 K | |
| Geode Capital Management, Llc | 2024-06-30 | 515.9 K | |
| Globeflex Capital, L.p. | 2024-09-30 | 474.4 K | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 434 K | |
| Denali Advisors Llc | 2024-06-30 | 430.5 K | |
| Northern Trust Corp | 2024-09-30 | 365.5 K | |
| Marshall Wace Asset Management Ltd | 2024-06-30 | 357.6 K | |
| Dimensional Fund Advisors, Inc. | 2024-09-30 | 7.4 M | |
| Blackrock Inc | 2024-06-30 | 2.5 M |
Costamare Historical Income Statement
Costamare Stock Against Markets
Costamare Corporate Directors
| Vagn Moller | Independent Director | Profile | |
| Charlotte Stratos | Independent Director | Profile | |
| Gregory Zikos | Chief Financial Officer, Director | Profile | |
| Konstantinos Zacharatos | Director | Profile |
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Costamare. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area. For information on how to trade Costamare Stock refer to our How to Trade Costamare Stock guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Is Marine Transportation space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Costamare. If investors know Costamare will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Costamare listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.399 | Dividend Share 0.46 | Earnings Share 3 | Revenue Per Share 17.083 | Quarterly Revenue Growth 0.36 |
The market value of Costamare is measured differently than its book value, which is the value of Costamare that is recorded on the company's balance sheet. Investors also form their own opinion of Costamare's value that differs from its market value or its book value, called intrinsic value, which is Costamare's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Costamare's market value can be influenced by many factors that don't directly affect Costamare's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Costamare's value and its price as these two are different measures arrived at by different means. Investors typically determine if Costamare is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Costamare's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.