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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

  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.
Client disclaimer: US Brokerage services through eToro USA Securities Inc, member of FINRA, SIPC. Crypto assets through eToro USA LLC.

Costamare stock price (NYSE: CMRE)

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

Costamare shares at a glance

Information last updated 2022-10-03.
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
PE ratio 2.3232
Dividend yield $0.46 (5.14%)
Earnings per share (TTM) $3.96

Buy Costamare shares from these brokerages

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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

Historical closes compared with the close of $9.2 from 2022-10-03

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

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.

Costamare financials

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%
Profit margin 49.23%
Book value $15.33
Market capitalisation $1.1 billion

TTM: trailing 12 months

Costamare share dividends

28%

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".

CMRE.US volatility(beta: 1.39)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 1.3919. 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 overview

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. .

Frequently asked questions

What 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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