CMRE-PE Company Profile and Key Details

CMRE-PE has shown mixed momentum, losing -0.59% over the past week and -0.24% over the past quarter, though year-to-date performance is down -0.99%.

Costamare Inc. earnings surprise history is a mixed track record. The quarter that ended July 27, 2020, missed forecasts by 23.81%. The prior quarter beat by 0.0%. Over the last six quarters, Apple has recorded several small beats. These include 14.29% in January 28, 2020.

Costamare Inc. last paid a dividend of 2.22 per share, Dividend and splits history remains an important factor for investors monitoring long-term returns. A discounted cash flow model estimates fair value at around $27.96. This means the shares are trading above this model’s fair value.

Our AI price prediction model suggests that Costamare Inc. stock has strong potential for upside but may face short-term weakness followed by gains in the medium and long term. 2-Week Outlook: Projected decline of -39.14%, with price expected at $25.22 by November 24, 2023, within a range of $25.08 to $25.36

Costamare Inc. (NYSE:CMRE-PE) shares are flat -0.99% year-to-date Short-term momentum has been negative over the last quarter, despite recent volatility. Valuation shows Costamare Inc. trading at a premium to the broader market with a P/E of 5.74.

Costamare Inc. (NYSE:CMRE-PE) closed at $42.61 USD, gaining $1.40 (3.39%) from the previous close of $41.22. The stock is currently mid-range between its 52-week high and low $25.43 and $81.70. With a market capitalization of about $983.08 million, Costamare Inc. is classified as a small-cap and shows higher-than-market volatility (beta ~1.38). Key stats such as the average daily volume over the past year has been around 256.45 thousand shares, volume is running light vs its 52-week average. Headquartered in Monaco, None, Costamare Inc. operates in the Industrials sector and the Marine Shipping industry. Led by CEO Konstantinos V. Konstantakopoulos, the company employs approximately 2,750 people and listed since January 26, 2018. Costamare Inc. operates as a maritime shipping company, specializing in the ownership and global chartering of containerships to international liner companies.

Costamare Inc. trades at a P/E ratio of 5.74, slightly below the S&P 500 average, with a price-to-sales ratio of 2.19 and a price-to-book ratio of 0.86 suggesting the stock is closer to book value. The P/FCF stands at 14.25, also above market averages.