$14.1
Costamare 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 $1.7 billion.
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Costamare stock price (NYSE: CMRE)
Use our graph to track the performance of CMRE stocks over time.Costamare shares at a glance
Latest market close | $14.29 |
---|---|
52-week range | $8.30 - $17.44 |
50-day moving average | $15.51 |
200-day moving average | $11.86 |
Wall St. target price | $12.00 |
PE ratio | 5.5659 |
Dividend yield | $0.46 (3.2%) |
Earnings per share (TTM) | $2.58 |
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 $14.29 from 2024-07-25
1 week (2024-07-19) | -0.49% |
---|---|
1 month (2024-06-26) | -14.69% |
3 months (2024-04-26) | 21.31% |
6 months (2024-01-26) | 31.34% |
1 year (2023-07-26) | 48.70% |
---|---|
2 years (2022-07-22) | 26.68% |
3 years (2021-07-26) | 37.01% |
5 years (2019-07-26) | 166.00% |
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 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 $559.1 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 | $1.7 billion |
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Operating margin TTM | 22.04% |
Gross profit TTM | $766.7 million |
Return on assets TTM | 4.72% |
Return on equity TTM | 13.85% |
Profit margin | 19.47% |
Book value | $20.80 |
Market Capitalization | $1.7 billion |
TTM: trailing 12 months
Costamare share dividends
Dividend payout ratio: 19.74% of net profits
Recently Costamare has paid out, on average, around 19.74% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.2% 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 3.2% 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 low, this can signify that Costamare is investing more in its future growth.
Costamare's most recent dividend payout was on 5 August 2024. The latest dividend was paid out to all shareholders who bought their shares by 18 July 2024 (the "ex-dividend date").
Costamare share price volatility
Over the last 12 months, Costamare's shares have ranged in value from as little as $8.2954 up to $17.4387. 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 1.375. 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 operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 19, 2024, it had a fleet of fleet of 68 containerships and 37 dry bulk vessels. The company was founded in 1974 and is based in Monaco. .
Frequently asked questions
nullWhat percentage of Costamare is owned by insiders or institutions?
Currently 64.394% of Costamare shares are held by insiders and 23.331% 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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