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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 1,700 staff and has a trailing 12-month revenue of around USD$465.6 million.
|Latest market close||USD$7.46|
|52-week range||USD$2.9885 - USD$10.1597|
|50-day moving average||USD$7.3061|
|200-day moving average||USD$5.9047|
|Wall St. target price||USD$8.75|
|Dividend yield||USD$0.4 (5.1%)|
|Earnings per share (TTM)||USD$0.875|
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.
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.
|1 week (2021-01-11)||-18.56%|
|1 month (2020-12-18)||-7.44%|
|3 months (2020-10-16)||8.43%|
|6 months (2020-07-17)||52.87%|
|1 year (2020-01-17)||-28.82%|
|2 years (2019-01-18)||50.40%|
|3 years (2018-01-18)||22.09%|
|5 years (2016-01-15)||7.65%|
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 current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 5x. In other words, Costamare shares trade at around 5x 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 USD$296.3 million.
The EBITDA is a measure of a Costamare's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||USD$465.6 million|
|Operating margin TTM||39.99%|
|Gross profit TTM||USD$342.5 million|
|Return on assets TTM||3.85%|
|Return on equity TTM||1.3%|
|Market capitalisation||USD$952.5 million|
TTM: trailing 12 months
There are currently 1.5 million Costamare shares held short by investors – that's known as Costamare's "short interest". This figure is 4.7% down from 1.6 million last month.
There are a few different ways that this level of interest in shorting Costamare shares can be evaluated.
Costamare's "short interest ratio" (SIR) is the quantity of Costamare shares currently shorted divided by the average quantity of Costamare shares traded daily (recently around 618857.55102041). Costamare's SIR currently stands at 2.45. In other words for every 100,000 Costamare shares traded daily on the market, roughly 2450 shares are currently held short.
However Costamare's short interest can also be evaluated against the total number of Costamare shares, or, against the total number of tradable Costamare shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Costamare's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Costamare shares in existence, roughly 10 shares are currently held short) or 0.0296% of the tradable shares (for every 100,000 tradable Costamare shares, roughly 30 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Costamare.
Find out more about how you can short Costamare stock.
Dividend payout ratio: 37.38% of net profits
Recently Costamare has paid out, on average, around 37.38% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.1% 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 5.1% return on their shares, in the form of dividend payments. In Costamare's case, that would currently equate to about $0.4 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 5 November 2020. The latest dividend was paid out to all shareholders who bought their shares by 19 October 2020 (the "ex-dividend date").
Over the last 12 months, Costamare's shares have ranged in value from as little as $2.9885 up to $10.1597. 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 1.8404. 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 February 25, 2020, it had a fleet of 75 containerships with a total capacity of approximately 547,000 twenty foot equivalent unit, including 5 vessels under construction. The company was founded in 1974 and is based in Monaco.
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