Finder is committed to editorial independence. While we receive compensation when you click links to partners, they do not influence our content.

How to buy Costamare (CMRE) stocks in Canada

Learn how to easily invest in Costamare stocks.

Costamare is a marine shipping business based in the US. Costamare stocks (CMRE.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $11.01 – an increase of 0.93% over the previous week. Costamare employs 1,704 staff and has a trailing 12-month revenue of around $628.9 million.

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 2022-01-16.
Latest market close$13.03
52-week range$7.48 - $16.59
50-day moving average $12.44
200-day moving average $12.26
Wall St. target price$18.50
PE ratio 5.8629
Dividend yield $0.43 (3.56%)
Earnings per share (TTM) $2.20

Compare online stock trading platforms

Note: The dollar amounts in the table below are in Canadian dollars.

Name Product Finder Rating Stock Trading Fee Account Fee Available Asset Types Offer
FREE TRADES
Wealthsimple Trade
Finder Rating:
★★★★★
3.9 / 5
$0
$0
Stocks, ETFs
Get 2 free stocks when you deposit and trade $150.
Scotia iTRADE
Finder Rating:
★★★★★
3.8 / 5
$4.99 - $9.99
$0
Bonds, Options, Mutual Funds, ETFs, GICs, International Equities
Interactive Brokers
Finder Rating:
★★★★★
4.1 / 5
Min. $1.00, Max. 0.5%
$0
Stocks, Bonds, Options, ETFs, Currencies, Futures
OFFER
CIBC Investor's Edge
Finder Rating:
★★★★★
4 / 5
$4.95 - $6.95
$0 if conditions met, otherwise $100/year
Stocks, Bonds, Options, Mutual Funds, ETFs
Get up to $2,000 cash back. Conditions apply. Offer ends March 1, 2022.
Questrade
Finder Rating:
★★★★★
4.2 / 5
$4.95 - $9.95
$0
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs, International Equities, Precious Metals
Get $50 in free trades when you fund your account with a minimum of $1,000.
Qtrade Direct Investing
Finder Rating:
★★★★★
4.1 / 5
$6.95 - $8.75
$0 if conditions met, otherwise $25/quarter
Stocks, Bonds, Options, Mutual Funds, ETFs, GICs
Get a $50 bonus when you open a new RRSP, TFSA or RESP and start pre-authorized contributions of $200+/month. Valid until March 1, 2022.
loading

Compare up to 4 providers

Online stock trading

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.

Costamare price performance over time

Historical closes compared with the close of $13.03 from 2022-01-19

1 week (2022-01-14) -2.62%
1 month (2021-12-21) 9.04%
3 months (2021-10-21) -9.64%
6 months (2021-07-21) 23.04%
1 year (2021-01-21) 53.66%
2 years (2020-01-17) 24.33%
3 years (2019-01-18) 162.70%
5 years (2017-01-20) 112.21%

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 6x. In other words, Costamare shares trade at around 6x 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 $409.9 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 $628.9 million
Operating margin TTM 45.58%
Gross profit TTM $320.3 million
Return on assets TTM 4.94%
Return on equity TTM 20.67%
Profit margin 47.87%
Book value $12.76
Market capitalisation $1.6 billion

TTM: trailing 12 months

Costamare share dividends

26%

Dividend payout ratio: 26.02% of net profits

Recently Costamare has paid out, on average, around 26.02% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.56% 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 3.56% return on their shares, in the form of dividend payments. In Costamare's case, that would currently equate to about $0.43 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 6 February 2022. The latest dividend was paid out to all shareholders who bought their shares by 18 January 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 $7.4802 up to $16.5871. A popular way to gauge a stock's volatility is its "beta".

CMRE.US volatility(beta: 1.44)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 1.4404. 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

Disclaimer: This information should not be interpreted as an endorsement of futures, stocks, ETFs, CFDs, options or any specific provider, service or offering. It should not be relied upon as investment advice or construed as providing recommendations of any kind. Futures, stocks, ETFs and options trading involves substantial risk of loss and therefore are not appropriate for all investors. Trading CFDs and forex on leverage comes with a higher risk of losing money rapidly. Past performance is not an indication of future results. Consider your own circumstances, and obtain your own advice, before making any trades.

More on investing

More guides on Finder

Go to site