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Costamare Inc (CMRE) Stock Forecast & Price Prediction

Live CMRE Stock Price & Analysis

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$10.65

+0.11 (1.04%)

12 Month Price Forecast For CMRE

$10.65
Current Price
$1.28B
Market Cap
2 Ratings
Buy 0
Hold 2
Sell 0
Wall St Analyst Ratings

Distance to CMRE Price Forecasts

+22.1%
To High Target of $13.00
+17.4%
To Median Target of $12.50
+12.7%
To Low Target of $12.00

CMRE Price Momentum

+1.0%
1 Week Change
-16.5%
1 Month Change
-5.2%
1 Year Change
-17.1%
Year-to-Date Change
-39.4%
From 52W High of $17.58
+3.1%
From 52W Low of $10.33

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 15, 2025 12:38 PM UTC

CMRE Analyst Ratings & Price Targets

Based on our analysis of 6 Wall Street analysts, CMRE has a neutral consensus with a median price target of $12.50 (ranging from $12.00 to $13.00). The overall analyst rating is Buy (6.0/10). Currently trading at $10.65, the median forecast implies a 17.4% upside. This outlook is supported by 0 Buy, 2 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Omar Nokta at Jefferies, projecting a 22.1% upside. Conversely, the most conservative target is provided by Omar Nokta at Jefferies, suggesting a 12.7% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

CMRE Analyst Consensus

0
Buy
2
Hold
0
Sell

CMRE Price Target Range

Low
$12.00
Average
$12.50
High
$13.00
Current: $10.65

Latest CMRE Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for CMRE.

Date Firm Analyst Rating Change Price Target
Feb 5, 2025 Jefferies Omar Nokta Hold Maintains $13.00
Nov 1, 2024 Jefferies Omar Nokta Hold Maintains $13.00
Jul 31, 2024 Jefferies Omar Nokta Hold Maintains $13.00
Jul 24, 2024 Stifel Benjamin Nolan Hold Maintains $14.00
May 10, 2024 Jefferies Omar Nokta Hold Maintains $12.00
Apr 19, 2024 Stifel Benjamin Nolan Hold Maintains $12.00
Oct 24, 2023 Citigroup Christian Wetherbee Buy Maintains $11.00
Apr 24, 2023 Jefferies Omar Nokta Hold Downgrade $10.00
Feb 8, 2023 Jefferies Omar Nokta Buy Maintains $15.00
Jan 13, 2023 Stifel Benjamin Nolan Hold Downgrade $11.00
Nov 1, 2022 Citigroup Christian Wetherbee Buy Maintains $13.00
Jul 21, 2022 Jefferies Omar Nokta Buy Initiates $19.00
Jul 19, 2022 Stifel Benjamin Nolan Buy Maintains $15.00
Jun 2, 2021 Citigroup Buy Maintains $12.50
Oct 19, 2020 Stifel Buy Maintains $9.50
Jul 22, 2020 Stifel Benjamin Nolan Buy Upgrade $8.00
Nov 1, 2019 Citigroup Sell Downgrade $7.50
Sep 28, 2018 Wells Fargo Market Perform Downgrade $0.00
Jul 31, 2018 Wells Fargo Michael Webber Outperform Maintains $8.00
Jul 11, 2018 Morgan Stanley Overweight Maintains $9.00

Stocks Similar to Costamare Inc

The following stocks are similar to Costamare based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Costamare Inc (CMRE) Financial Data

Costamare Inc has a market capitalization of $1.28B with a P/E ratio of 4.3x. The company generates $2.08B in trailing twelve-month revenue with a 15.4% profit margin.

Revenue growth is +10.8% quarter-over-quarter, while maintaining an operating margin of +24.3% and return on equity of +12.6%.

Valuation Metrics

Market Cap $1.28B
Enterprise Value $2.93B
P/E Ratio 4.3x
PEG Ratio 3.6x
Price/Sales 0.6x

Growth & Margins

Revenue Growth (YoY) +10.8%
Gross Margin +22.8%
Operating Margin +24.3%
Net Margin +15.4%
EPS Growth -66.5%

Financial Health

Cash/Price Ratio +59.1%
Current Ratio 1.4x
Debt/Equity 91.4x
ROE +12.6%
ROA +5.6%

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Costamare Inc logo

Costamare Inc (CMRE) Company Overview

About Costamare Inc

What They Do

Operates and charters containerships and bulk vessels.

Business Model

The company generates revenue by owning and operating a fleet of containerships and dry bulk vessels, which it charters to liner companies for the transportation of cargo globally. This charter business model provides stable cash flows and long-term contracts with shipping companies.

Additional Information

Costamare Inc. has a substantial fleet consisting of 68 containerships and 37 dry bulk vessels as of March 2024. Founded in 1974 and based in Monaco, the company has established a strong presence in the maritime industry.

Company Information

Sector

Industrials

Industry

Marine Shipping

Employees

2,750

CEO

Mr. Konstantinos V. Konstantakopoulos

Country

Monaco

IPO Year

2010

Costamare Inc (CMRE) Latest News & Analysis

CMRE stock latest news image
Quick Summary

Costamare Inc. (NYSE:CMRE) will hold its Q4 2024 Earnings Conference Call on February 5, 2025, at 8:30 AM ET, featuring CFO Gregory Zikos and analysts from Stifel and Value Investors Edge.

Why It Matters

The earnings call provides insights into Costamare Inc.'s Q4 2024 performance, crucial for assessing company health, future growth prospects, and investment decisions.

Source: Seeking Alpha
Market Sentiment: Neutral
CMRE stock latest news image
Quick Summary

Costamare Inc. (NYSE: CMRE) announced its unaudited Q4 2024 and full-year financial results for 2024 on February 5, 2025. Further details on performance were not provided in the excerpt.

Why It Matters

Costamare's Q4 2024 financial results will reveal performance trends, impacting stock valuation and investor sentiment in the shipping sector.

Source: GlobeNewsWire
Market Sentiment: Neutral
CMRE stock latest news image
Quick Summary

Costamare (CMRE) reported Q3 earnings of $0.69 per share, surpassing the Zacks estimate of $0.66 and slightly up from $0.68 per share in the same quarter last year.

Why It Matters

Costamare's earnings beat estimates, indicating strong performance and potentially driving stock price appreciation. Year-over-year growth suggests stability and confidence in future earnings.

Source: Zacks Investment Research
Market Sentiment: Positive
CMRE stock latest news image
Quick Summary

Earnings release scheduled for February 5, 2025, before market opens, with a conference call and webcast at 8:30 a.m. ET the same day.

Why It Matters

The earnings release date signals potential volatility; investors will assess company performance and guidance, impacting stock prices and market sentiment.

Source: GlobeNewsWire
Market Sentiment: Neutral
CMRE stock latest news image
Quick Summary

Costamare (CMRE) is not expected to meet earnings expectations in its upcoming report due to lacking key performance factors. Investors should prepare for this announcement.

Why It Matters

Costamare's lack of favorable conditions for an earnings beat signals potential underperformance, impacting investor sentiment and stock valuation.

Source: Zacks Investment Research
Market Sentiment: Negative
CMRE stock latest news image
Quick Summary

Costamare (CMRE) closed at $12.07, reflecting a 0.25% increase from the previous trading session.

Why It Matters

Costamare's slight increase in stock price indicates stable investor confidence and may suggest a positive outlook for the company's performance in the shipping sector.

Source: Zacks Investment Research
Market Sentiment: Neutral

Frequently Asked Questions About CMRE Stock

What is Costamare Inc's (CMRE) stock forecast for 2025?

Based on our analysis of 6 Wall Street analysts, Costamare Inc (CMRE) has a median price target of $12.50. The highest price target is $13.00 and the lowest is $12.00.

Is CMRE stock a good investment in 2025?

According to current analyst ratings, CMRE has 0 Buy ratings, 2 Hold ratings, and 0 Sell ratings. The stock is currently trading at $10.65. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for CMRE stock?

Wall Street analysts predict CMRE stock could reach $12.50 in the next 12 months. This represents a 17.4% increase from the current price of $10.65. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Costamare Inc's business model?

The company generates revenue by owning and operating a fleet of containerships and dry bulk vessels, which it charters to liner companies for the transportation of cargo globally. This charter business model provides stable cash flows and long-term contracts with shipping companies.

What is the highest forecasted price for CMRE Costamare Inc?

The highest price target for CMRE is $13.00 from Omar Nokta at Jefferies, which represents a 22.1% increase from the current price of $10.65.

What is the lowest forecasted price for CMRE Costamare Inc?

The lowest price target for CMRE is $12.00 from Omar Nokta at Jefferies, which represents a 12.7% increase from the current price of $10.65.

What is the overall CMRE consensus from analysts for Costamare Inc?

The overall analyst consensus for CMRE is neutral. Out of 6 Wall Street analysts, 0 rate it as Buy, 2 as Hold, and 0 as Sell, with a median price target of $12.50.

How accurate are CMRE stock price projections?

Stock price projections, including those for Costamare Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.