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How to buy Costamare stock

Own Costamare stock in just a few minutes.

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 1,704 staff and has a trailing 12-month revenue of around 0.00.

How to buy shares in Costamare

  1. Compare share trading platforms. Use our comparison table to help you find a platform that fits you.
  2. Open your brokerage account. Complete an application with your details.
  3. Confirm your payment details. Fund your account.
  4. 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.
  5. 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.
  6. Check in on your investment. Optimize your portfolio by tracking your stock.

Costamare share price

Use our graph to track the performance of CMRE stocks over time.

Costamare shares at a glance

Information last updated 2021-04-30.
52-week range$3.79 - $10.78
50-day moving average $9.96
200-day moving average $8.47
Wall St. target price$11.75
PE ratio N/A
Dividend yield $0.4 (3.83%)
Earnings per share (TTM) $0.88

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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.

Is Costamare under- or over-valued?

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 EBITDA

Costamare's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $287.8 million.

The EBITDA is a measure of a Costamare's overall financial performance and is widely used to measure a its profitability.

Costamare financials

Revenue TTM $460.3 million
Operating margin TTM 38.88%
Gross profit TTM $320.3 million
Return on assets TTM 3.72%
Return on equity TTM 0.64%
Profit margin 1.93%
Book value $11.04
Market capitalisation $1.3 billion

TTM: trailing 12 months

Shorting Costamare shares

There are currently 1.1 million Costamare shares held short by investors – that's known as Costamare's "short interest". This figure is 27% down from 1.5 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)

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 662044.37869822). Costamare's SIR currently stands at 1.69. In other words for every 100,000 Costamare shares traded daily on the market, roughly 1690 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 0.0214% of the tradable shares (for every 100,000 tradable Costamare shares, roughly 21 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.

Costamare share dividends

39%

Dividend payout ratio: 39.22% of net profits

Recently Costamare has paid out, on average, around 39.22% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.83% 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 3.83% 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 May 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 April 2021 (the "ex-dividend date").

Costamare share price volatility

Over the last 12 months, Costamare's shares have ranged in value from as little as $3.7883 up to $10.78. A popular way to gauge a stock's volatility is its "beta".

CMRE.US volatility(beta: 1.69)Avg. volatility(beta: 1.00)LowHigh

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 1.6922. 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 overview

Costamare Inc. owns and charters containerships to liner companies worldwide. As of February 19, 2021, it had a fleet of 77 containerships with a total capacity of approximately 555,810 twenty foot equivalent units, including 1 vessel under construction and 4 second hand vessels. The company was founded in 1974 and is based in Monaco. .

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