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How to buy Costamare stock
Learn how to easily invest in Costamare stock.
Costamare Inc is a marine shipping business based in the US. Costamare shares (CMRE) are listed on the NYSE and all prices are listed in US Dollars. Costamare employs 2,750 staff and has a trailing 12-month revenue of around $1.1 billion.
How to buy shares in Costamare
- Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
- Open your brokerage account. Complete an application with your details.
- Confirm your payment details. Fund your account.
- Research the stock. Find the stock by name or ticker symbol – CMRE – and research it before deciding if it's a good investment for you.
- Purchase now or later. Buy your desired number of shares with a market order or use a limit order to delay your purchase until the stock reaches a desired price.
- Check in on your investment. Optimize your portfolio by tracking your stock.
Costamare stock price (NYSE: CMRE)Use our graph to track the performance of CMRE stocks over time.
Costamare shares at a glance
|Latest market close||$9.20|
|52-week range||$8.72 - $17.15|
|50-day moving average||$11.01|
|200-day moving average||$12.99|
|Wall St. target price||$16.67|
|Dividend yield||$0.46 (5.14%)|
|Earnings per share (TTM)||$3.96|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
Is it a good time to buy Costamare stock?
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Costamare price performance over time
|1 week (2022-09-26)||2.34%|
|1 month (2022-09-02)||-16.97%|
|3 months (2022-07-01)||N/A|
|6 months (2022-04-05)||-42.57%|
|1 year (2021-10-05)||-37.50%|
|2 years (2020-10-05)||44.20%|
|3 years (2019-10-04)||50.33%|
|5 years (2017-10-04)||50.08%|
Is Costamare stock undervalued or overvalued?
Valuing Costamare stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Costamare's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Costamare's P/E ratio
Costamare's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 2x. In other words, Costamare shares trade at around 2x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Costamare's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $698.3 million.
The EBITDA is a measure of a Costamare's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$1.1 billion|
|Operating margin TTM||50.81%|
|Gross profit TTM||$578.8 million|
|Return on assets TTM||7.74%|
|Return on equity TTM||31.19%|
|Market capitalisation||$1.1 billion|
TTM: trailing 12 months
Costamare share dividends
Dividend payout ratio: 28.36% of net profits
Recently Costamare has paid out, on average, around 28.36% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.14% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Costamare shareholders could enjoy a 5.14% return on their shares, in the form of dividend payments. In Costamare's case, that would currently equate to about $0.46 per share.
While Costamare's payout ratio might seem fairly standard, it's worth remembering that Costamare may be investing much of the rest of its net profits in future growth.
Costamare's most recent dividend payout was on 8 August 2022. The latest dividend was paid out to all shareholders who bought their shares by 20 July 2022 (the "ex-dividend date").
Costamare share price volatility
Over the last 12 months, Costamare's shares have ranged in value from as little as $8.7218 up to $17.1473. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Costamare's is 1.3919. This would suggest that Costamare's shares are more volatile than the average for this exchange and represent, relatively-speaking, a higher risk (but potentially also market-beating returns).
Costamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. The company was founded in 1974 and is based in Monaco. .
Costamare in the news
Costamare Inc. Declares Quarterly Dividend on its Preferred and Common Stock
Costamare Inc. Declares Quarterly Dividend on its Preferred and Common Stock
Should Value Investors Buy Costamare (CMRE) Stock?
Frequently asked questionsWhat percentage of Costamare is owned by insiders or institutions?
Currently 57.435% of Costamare shares are held by insiders and 23.628% by institutions. How many people work for Costamare?
Latest data suggests 2,750 work at Costamare. When does the fiscal year end for Costamare?
Costamare's fiscal year ends in December. Where is Costamare based?
Costamare's address is: 7 Rue du Gabian, Monaco, Monaco, 98000 What is Costamare's ISIN number?
Costamare's international securities identification number is: MHY1771G1026 What is Costamare's CUSIP number?
Costamare's Committee on Uniform Securities Identification Procedures number is: Y1771G102
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