Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
Costamare Inc Market Cap
From what 2 stock analysts predict, the share price for Costamare Inc (CMRE) might increase by 6.06% in the next year. This is based on a 12-month average estimation for CMRE. Price targets go from $13 to $15. The majority of stock analysts believe CMRE is a hold. Please note analyst price targets are not guaranteed and could be missed completely.
Costamare Inc has a total of 2 Wall St Analyst ratings. There are 0 buy ratings, 2 ratings, and 0 sell ratings. Since most analysts have a hold consensus rating, the expectation is that Costamare Inc will generate similar returns as the market. Investors shouldn't rely purely on analyst ratings; we encourage investors to also take a look at the fundamental and technical analysis in their due diligence.
These are the latest 20 analyst ratings of CMRE.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Omar Nokta Jefferies | Hold | $13 | Maintains | Nov 1, 2024 |
| Omar Nokta Jefferies | Hold | $13 | Maintains | Jul 31, 2024 |
| Benjamin Nolan Stifel | Hold | $14 | Maintains | Jul 24, 2024 |
| Omar Nokta Jefferies | Hold | $12 | Maintains | May 10, 2024 |
| Benjamin Nolan Stifel | Hold | $12 | Maintains | Apr 19, 2024 |
| Christian Wetherbee Citigroup | Buy | $11 | Maintains | Oct 24, 2023 |
| Omar Nokta Jefferies | Hold | $10 | Downgrade | Apr 24, 2023 |
| Omar Nokta Jefferies | Buy | $15 | Maintains | Feb 8, 2023 |
| Benjamin Nolan Stifel | Hold | $11 | Downgrade | Jan 13, 2023 |
| Christian Wetherbee Citigroup | Buy | $13 | Maintains | Nov 1, 2022 |
| Omar Nokta Jefferies | Buy | $19 | Initiates | Jul 21, 2022 |
| Benjamin Nolan Stifel | Buy | $15 | Maintains | Jul 19, 2022 |
Citigroup | Buy | $12.5 | Maintains | Jun 2, 2021 |
Stifel | Buy | $9.5 | Maintains | Oct 19, 2020 |
| Benjamin Nolan Stifel | Buy | $8 | Upgrade | Jul 22, 2020 |
Citigroup | Sell | $7.5 | Downgrade | Nov 1, 2019 |
Wells Fargo | Market Perform | Downgrade | Sep 28, 2018 | |
| Michael Webber Wells Fargo | Outperform | $8 | Maintains | Jul 31, 2018 |
Morgan Stanley | Overweight | $9 | Maintains | Jul 11, 2018 |
| Gregory Lewis Credit Suisse | Neutral | $7 | Maintains | Oct 25, 2017 |
When did it IPO
2010
Staff Count
2,750
Country
Monaco
Sector/Industry
Industrials/Marine Shipping
CEO
Mr. Konstantinos V. Konstantakopoulos
Market Cap
$1.58B
In 2023, CMRE generated $1.51B in revenue, which was a increase of 0.00% from the previous year. This can be seen as a signal that CMRE's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Sat, 02 Nov 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Costamare Inc. (NYSE:CMRE) will hold its Q3 2024 earnings conference call on November 1, 2024, at 8:30 AM ET, featuring CFO Gregory Zikos and analysts from Jefferies and Value Investors Edge.
Why It Matters - Costamare Inc.'s Q3 earnings call will reveal financial performance and insights, impacting investor sentiment and stock valuation based on the company's operational health and market outlook.
Fri, 01 Nov 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Costamare Inc. (NYSE: CMRE) released unaudited financial results for Q3 2024 and the nine-month period ending September 30, 2024.
Why It Matters - Costamare's Q3 2024 financial results provide insight into its performance and profitability, influencing stock valuation and investor sentiment in the shipping sector.
Fri, 01 Nov 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Costamare (CMRE) reported quarterly earnings of $0.68 per share, surpassing the Zacks Consensus Estimate of $0.64 and up from $0.46 per share year-over-year.
Why It Matters - Costamare's earnings beat expectations and show significant year-over-year growth, indicating strong performance and potentially boosting investor confidence and stock value.
Wed, 30 Oct 2024
Sentiment - NEUTRAL
Source - GlobeNewsWire
Summary - Earnings will be released on November 1, 2024, before market opens, followed by a conference call and webcast at 8:30 a.m. ET.
Why It Matters - The earnings release date and conference call indicate when investors can expect financial performance insights, impacting stock valuation and trading decisions.
Wed, 30 Oct 2024
Sentiment - NEUTRAL
Source - Zacks Investment Research
Summary - Costamare (CMRE) is not expected to meet the criteria for a potential earnings beat in its upcoming report, suggesting a cautious outlook for investors.
Why It Matters - Costamare's lack of key indicators for an earnings beat signals potential underperformance, which may negatively impact its stock price and investor confidence.
Wed, 30 Oct 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Costamare (CMRE) closed at $13.21, down 1.42% from the previous trading day.
Why It Matters - Costamare's decline indicates potential volatility, affecting investor sentiment and market perception, which can impact future share performance and investment strategies.
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