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How to buy Costamare stock | $10.73

Learn how to easily invest in Costamare stock.

Costamare Inc
NYSE: CMRE - USD
MARINE SHIPPING
$0
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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 1,704 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 stock price (NYSE: CMRE)

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

Costamare shares at a glance

Information last updated 2021-07-30.
Latest market close$10.73
52-week range$4.28 - $12.54
50-day moving average $11.40
200-day moving average $10.25
Wall St. target price$13.75
PE ratio 98.5455
Dividend yield $0.4 (3.67%)
Earnings per share (TTM) $0.11

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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 $10.73 from 2021-05-28

1 week (2021-07-23) N/A
1 month (2021-07-02) -8.99%
3 months (2021-05-03) -4.62%
6 months (2021-01-30) N/A
1 year (2020-07-30) N/A
2 years (2019-07-30) N/A
3 years (2018-07-30) N/A
5 years (2016-07-30) N/A

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 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 99x. In other words, Costamare shares trade at around 99x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Costamare's EBITDA

Costamare's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $288.8 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 $465.6 million
Operating margin TTM 38.87%
Gross profit TTM $320.3 million
Return on assets TTM 3.45%
Return on equity TTM 3.13%
Profit margin 9.5%
Book value $11.45
Market capitalisation $1.3 billion

TTM: trailing 12 months

Shorting Costamare shares

There are currently 1.5 million Costamare shares held short by investors – that's known as Costamare's "short interest". This figure is 6.5% 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)

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 693184.83412322). Costamare's SIR currently stands at 2.11. In other words for every 100,000 Costamare shares traded daily on the market, roughly 2110 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 0.0273% of the tradable shares (for every 100,000 tradable Costamare shares, roughly 27 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

52%

Dividend payout ratio: 51.88% of net profits

Recently Costamare has paid out, on average, around 51.88% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 4.22% 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 4.22% return on their shares, in the form of dividend payments. In Costamare's case, that would currently equate to about $0.4 per share.

Costamare's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.

Costamare's most recent dividend payout was on 4 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 18 July 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 $4.275 up to $12.5417. 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 1.6882. 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 June 14, 2021, it had a fleet of 81 containerships with a total capacity of approximately 581,000 twenty foot equivalent units and 16 dry bulk vessels with a total capacity of approximately 932,000 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 56.953% of Costamare shares are held by insiders and 28.016% by institutions.
How many people work for Costamare?
Latest data suggests 1,704 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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