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NYSE: CMRE
Costamare Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for CMRE

Based on 3 analysts offering 12 month price targets for Costamare Inc.
Min Forecast
$11.00+7.21%
Avg Forecast
$14.33+39.7%
Max Forecast
$19.00+85.19%

Should I buy or sell CMRE stock?

Based on 3 analysts offering ratings for Costamare Inc.
Strong Buy
Strong Buy
2 analysts 66.67%
Buy
0 analysts 0%
Hold
1 analysts 33.33%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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CMRE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Stifel Nicolaus
Top 10%
91
HoldDowngrades$11.00+7.21%2023-01-13
Citigroup
Top 19%
82
Strong BuyMaintains$13.00+26.71%2022-11-01
Jefferies
Top 40%
61
Strong BuyInitiates Coverage On$19.00+85.19%2022-07-21

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Forecast return on equity

Is CMRE forecast to generate an efficient return?
Company
24.98%
Industry
16.41%
Market
49.29%
CMRE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is CMRE forecast to generate an efficient return on assets?
Company
10.32%
Industry
8.73%
CMRE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

CMRE earnings per share forecast

What is CMRE's earnings per share in the next 2 years based on estimates from 4 analysts?
Avg 1 year Forecast
$4.18+5.03%
Avg 2 year Forecast
$3.98+0%
CMRE's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

CMRE revenue forecast

What is CMRE's revenue in the next 2 years based on estimates from 3 analysts?
Avg 1 year Forecast
$1.1B-0.47%
Avg 2 year Forecast
$1.1B-5.98%
CMRE's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

CMRE earnings growth forecast

How is CMRE forecast to perform vs Marine Shipping companies and vs the US market?
Company
5.03%
Industry
5.36%
Market
85.4%
CMRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
CMRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
CMRE's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

CMRE revenue growth forecast

How is CMRE forecast to perform vs Marine Shipping companies and vs the US market?
Company
-0.47%
Industry
-12.06%
Market
71.5%
CMRE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
CMRE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

CMRE vs Shipping Stocks

TickerPricePrice TargetUp/downsideConsensus
CMRE$10.26$14.33+39.70%Strong Buy
DAC$59.34$125.00+110.65%Strong Buy
SFL$10.02$9.75-2.69%Hold
NMM$27.17$50.00+84.03%Strong Buy
GNK$17.90$24.40+36.31%Strong Buy
View Top Shipping Stocks

Costamare Stock Forecast FAQ

Is Costamare Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 3 Wall Street analysts covering (NYSE: CMRE) stock is to Strong Buy CMRE stock.

Out of 3 analysts, 2 (66.67%) are recommending CMRE as a Strong Buy, 0 (0%) are recommending CMRE as a Buy, 1 (33.33%) are recommending CMRE as a Hold, 0 (0%) are recommending CMRE as a Sell, and 0 (0%) are recommending CMRE as a Strong Sell.

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

What is CMRE's earnings growth forecast for 2023-2024?

(NYSE: CMRE) Costamare's forecast annual earnings growth rate of 5.03% is not forecast to beat the US Marine Shipping industry's average forecast earnings growth rate of 5.36%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 85.4%.

Costamare's earnings in 2023 is $490,602,000.On average, 4 Wall Street analysts forecast CMRE's earnings for 2023 to be $519,599,327, with the lowest CMRE earnings forecast at $426,369,782, and the highest CMRE earnings forecast at $568,078,690.

In 2024, CMRE is forecast to generate $494,738,115 in earnings, with the lowest earnings forecast at $437,557,328 and the highest earnings forecast at $553,161,963.

What is CMRE's revenue growth forecast for 2023-2024?

(NYSE: CMRE) Costamare's forecast annual revenue growth rate of -0.47% is forecast to beat the US Marine Shipping industry's average forecast revenue growth rate of -12.06%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 71.5%.

Costamare's revenue in 2023 is $1,132,346,000.On average, 3 Wall Street analysts forecast CMRE's revenue for 2023 to be $140,101,629,917, with the lowest CMRE revenue forecast at $125,012,117,415, and the highest CMRE revenue forecast at $152,399,228,334.

In 2024, CMRE is forecast to generate $132,344,931,836 in revenue, with the lowest revenue forecast at $120,903,802,165 and the highest revenue forecast at $143,786,061,506.

What is CMRE's forecast return on assets (ROA) for 2023-2024?

(NYSE: CMRE) forecast ROA is 10.32%, which is higher than the forecast US Marine Shipping industry average of 8.73%.

What is CMRE's Price Target?

According to 3 Wall Street analysts that have issued a 1 year CMRE price target, the average CMRE price target is $14.33, with the highest CMRE stock price forecast at $19.00 and the lowest CMRE stock price forecast at $11.00.

On average, Wall Street analysts predict that Costamare's share price could reach $14.33 by Jan 13, 2024. The average Costamare stock price prediction forecasts a potential upside of 39.7% from the current CMRE share price of $10.26.

What is CMRE's Earnings Per Share (EPS) forecast for 2023-2024?

(NYSE: CMRE) Costamare's current Earnings Per Share (EPS) is $3.98. On average, analysts forecast that CMRE's EPS will be $4.18 for 2023, with the lowest EPS forecast at $3.43, and the highest EPS forecast at $4.57. In 2024, CMRE's EPS is forecast to hit $3.98 (min: $3.52, max: $4.45).

What is CMRE's forecast return on equity (ROE) for 2023-2024?

(NYSE: CMRE) forecast ROE is 24.98%, which is considered strong.
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