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NYSE: CMRE
Costamare Inc Stock

$11.36-0.17 (-1.47%)
Updated Apr 24, 2024
CMRE Price
$11.36
Fair Value Price
N/A
Market Cap
$1.34B
52 Week Low
$7.71
52 Week High
$11.85
P/E
3.85x
P/B
0.56x
P/S
0.83x
PEG
0.14x
Dividend Yield
4.05%
Revenue
$1.51B
Earnings
$385.75M
Gross Margin
41.2%
Operating Margin
35.08%
Profit Margin
23.5%
Debt to Equity
1.2
Operating Cash Flow
$331M
Beta
0.99
Next Earnings
May 13, 2024
Ex-Dividend
Apr 18, 2024
Next Dividend
May 6, 2024

CMRE Overview

Costamare Inc. provides container ships for charter. The container ships operate primarily under multi-year time charters and therefore are not subject to the effect of seasonal variations in demand. The company was founded in 1975 and its headquarters are in Athens, Greece.

Zen Score

–
Industry Average (32)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how CMRE scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

CMRE ($11.36) is trading below its intrinsic value of $44.37, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CMRE is good value based on its earnings relative to its share price (3.85x), compared to the US market average (41.27x)
P/E vs Market Valuation
CMRE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more CMRE due diligence checks available for Premium users.

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CMRE News

Valuation

CMRE price to earnings (PE)

For valuing profitable companies with steady earnings
Company
3.85x
Industry
16.19x
Market
41.27x
CMRE is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
CMRE is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

CMRE price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
0.56x
Industry
0.97x
CMRE is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CMRE price to earnings growth (PEG)

For valuing profitable companies with growth potential
CMRE is good value based... subscribe to Premium to read more.
PEG Value Valuation

CMRE's financial health

Profit margin

Revenue
$494.8M
Net Income
$104.4M
Profit Margin
19.5%
CMRE's Earnings (EBIT) of $530.18M... subscribe to Premium to read more.
Interest Coverage Financials
CMRE's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$5.3B
Liabilities
$2.8B
Debt to equity
1.2
CMRE's short-term assets ($1.12B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CMRE's long-term liabilities ($2.19B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CMRE's debt relative to shareholder... subscribe to Premium to read more.
Shrinking Debt Financials
CMRE's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$152.9M
Investing
-$33.3M
Financing
-$101.0M
CMRE's operating cash flow ($331.37M)... subscribe to Premium to read more.
Debt Coverage Financials

CMRE vs Shipping Stocks

TickerMarket Cap1d %P/EP/B
CMRE$1.34B-1.47%3.85x0.56x
NMM$1.32B+4.11%3.11x0.48x
ZIM$1.38B-0.43%-0.51x0.56x
DAC$1.44B-0.57%2.55x0.48x
CDLR$1.44B+2.61%70.69x1.38x

Costamare Stock FAQ

What is Costamare's quote symbol?

(NYSE: CMRE) Costamare trades on the NYSE under the ticker symbol CMRE. Costamare stock quotes can also be displayed as NYSE: CMRE.

If you're new to stock investing, here's how to buy Costamare stock.

What is the 52 week high and low for Costamare (NYSE: CMRE)?

(NYSE: CMRE) Costamare's 52-week high was $11.85, and its 52-week low was $7.71. It is currently -4.14% from its 52-week high and 47.34% from its 52-week low.

How much is Costamare stock worth today?

(NYSE: CMRE) Costamare currently has 118,374,623 outstanding shares. With Costamare stock trading at $11.36 per share, the total value of Costamare stock (market capitalization) is $1.34B.

Costamare stock was originally listed at a price of $11.85 in Nov 4, 2010. If you had invested in Costamare stock at $11.85, your return over the last 13 years would have been -4.14%, for an annualized return of -0.32% (not including any dividends or dividend reinvestments).

How much is Costamare's stock price per share?

(NYSE: CMRE) Costamare stock price per share is $11.36 today (as of Apr 24, 2024).

What is Costamare's Market Cap?

(NYSE: CMRE) Costamare's market cap is $1.34B, as of Apr 25, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Costamare's market cap is calculated by multiplying CMRE's current stock price of $11.36 by CMRE's total outstanding shares of 118,374,623.
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