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Costamare Inc. CMRE
Industrials - Marine Shipping - NYSE - MC
Watchlist
$ 8.29
-1.97 %
$ 994 M
Market Cap
3.46
P/E
1. INTRINSIC VALUE

This DCF valuation model was last updated on May, 22, 2025.

The intrinsic value of one CMRE stock under the worst case scenario is HIDDEN Compared to the current market price of 8.29 USD, Costamare Inc. is HIDDEN

CMRE Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 22, 2025.

The intrinsic value of one CMRE stock under the base case scenario is HIDDEN Compared to the current market price of 8.29 USD, Costamare Inc. is HIDDEN

CMRE Intrinsic Value
HIDDEN
SHOW

This DCF valuation model was last updated on May, 22, 2025.

The intrinsic value of one CMRE stock under the best case scenario is HIDDEN Compared to the current market price of 8.29 USD, Costamare Inc. is HIDDEN

CMRE Intrinsic Value
HIDDEN
SHOW
2. FUNDAMENTAL ANALYSIS

Price Chart CMRE

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1M 32%
6M -73%
1Y -72%
3Y -49%
5Y --%
All
FINANCIALS
2.08 B REVENUE
37.88%
Growth Rates
1Year 37.88%
3Years 37.96%
5Years 34.24%
7Years 26.04%
10Years 15.72%
462 M OPERATING INCOME
-1.23%
Growth Rates
1Year -1.23%
3Years 18.48%
5Years 35.79%
7Years 18.97%
10Years 7.97%
316 M NET INCOME
-17.99%
Growth Rates
1Year -17.99%
3Years -10.08%
5Years 26.15%
7Years 23.33%
10Years 10.64%
538 M OPERATING CASH FLOW
62.27%
Growth Rates
1Year 62.27%
3Years 4.85%
5Years 16.52%
7Years 15.94%
10Years 8.25%
-79.5 M INVESTING CASH FLOW
-100.52%
Growth Rates
1Year -100.52%
3Years 53.43%
5Years -55.06%
7Years -9.29%
10Years 3.97%
-505 M FINANCING CASH FLOW
-27.38%
Growth Rates
1Year -27.38%
3Years -26.98%
5Years -18.97%
7Years -20.86%
10Years -17.10%
446 M REVENUE
-18.63%
Growth Rates
1Year 37.88%
3Years 37.96%
5Years 34.24%
7Years 26.04%
10Years 15.72%
108 M OPERATING INCOME
-15.38%
Growth Rates
1Year -1.23%
3Years 18.48%
5Years 35.79%
7Years 18.97%
10Years 7.97%
100 M NET INCOME
0.00%
Growth Rates
1Year -17.99%
3Years -10.08%
5Years 26.15%
7Years 23.33%
10Years 10.64%
143 M OPERATING CASH FLOW
10.99%
Growth Rates
1Year 62.27%
3Years 4.85%
5Years 16.52%
7Years 15.94%
10Years 8.25%
1.5 M INVESTING CASH FLOW
102.12%
Growth Rates
1Year -100.52%
3Years 53.43%
5Years -55.06%
7Years -9.29%
10Years 3.97%
-54.4 M FINANCING CASH FLOW
61.85%
Growth Rates
1Year -27.38%
3Years -26.98%
5Years -18.97%
7Years -20.86%
10Years -17.10%
Balance Sheet Costamare Inc.
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Current Assets 1.04 B
Cash & Short-Term Investments 741 M
Receivables 75.3 M
Other Current Assets 224 M
Non-Current Assets 4.11 B
Long-Term Investments 229 M
PP&E 3.72 B
Other Non-Current Assets 157 M
Current Liabilities 746 M
Accounts Payable 49.4 M
Short-Term Debt 547 M
Other Current Liabilities 149 M
Non-Current Liabilities 1.83 B
Long-Term Debt 1.8 B
Other Non-Current Liabilities 30.9 M
EFFICIENCY
Earnings Waterfall Costamare Inc.
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Revenue 2.08 B
Cost Of Revenue 1.53 B
Gross Profit 557 M
Operating Expenses 94.4 M
Operating Income 462 M
Other Expenses 146 M
Net Income 316 M
RATIOS
26.71% GROSS MARGIN
26.71%
Averages
1Year 26.71%
3Years 36.50%
5Years 42.23%
7Years 42.61%
10Years 44.75%
22.18% OPERATING MARGIN
22.18%
Averages
1Year 22.18%
3Years 29.09%
5Years 32.89%
7Years 30.89%
10Years 32.93%
15.35% NET MARGIN
15.35%
Averages
1Year 15.35%
3Years 30.23%
5Years 25.99%
7Years 24.05%
10Years 23.28%
12.73% ROE
12.73%
Averages
1Year 12.73%
3Years 18.20%
5Years 14.90%
7Years 12.35%
10Years 11.50%
6.21% ROA
6.21%
Averages
1Year 6.21%
3Years 8.28%
5Years 6.47%
7Years 5.40%
10Years 4.94%
9.34% ROIC
9.34%
Averages
1Year 9.34%
3Years 9.59%
5Years -3.39%
7Years -1.41%
10Years 1.54%
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis Costamare Inc.
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Net Income 316 M
Depreciation & Amortization 164 M
Capital Expenditures -280 M
Stock-Based Compensation 8.43 M
Change in Working Capital -22.5 M
Others 61.1 M
Free Cash Flow 257 M
3. WALL STREET ANALYSTS ESTIMATES
Wall Street Analysts Price Targets Costamare Inc.
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Wall Street analysts predict an average 1-year price target for CMRE of $14.5 , with forecasts ranging from a low of $14 to a high of $15 .
CMRE Lowest Price Target Wall Street Target
14 USD 68.88%
CMRE Average Price Target Wall Street Target
14.5 USD 74.91%
CMRE Highest Price Target Wall Street Target
15 USD 80.94%
4. DIVIDEND ANALYSIS
1.17% DIVIDEND YIELD
0.115 USD DIVIDEND PER SHARE
5. COMPETITION

Global Ship Lease, Inc. owns and charters containerships of various sizes under fixed-rate charters to container shipping companies. As of March 10, 2022, it owned 65 mid-sized and smaller containerships with an aggregate capacity of 342,348 twenty-foot equivalent units.

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93.2 USD
GSL
Undervalued 273.54%

Navios Maritime Partners L.P. owns and operates dry cargo vessels in Asia, Europe, North America, and Australia. The company offers seaborne transportation services for a range of liquid and dry cargo commodities, including crude oil, refined petroleum, chemicals, iron ore, coal, grain, fertilizer, and containers, as well as provides its vessels under short, medium, and longer-term charters.

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-220 USD
NMM
Overvalued 668.43%

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes.

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36.5 USD
GNK
Undervalued 179.75%

Danaos Corporation, together with its subsidiaries, owns and operates containerships in Australia, Asia, Europe, and the United States. The company offers seaborne transportation services, such as chartering its vessels to liner companies.

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56.5 USD
DAC
Overvalued 32.45%

Ardmore Shipping Corporation engages in the seaborne transportation of petroleum products and chemicals worldwide. As of February 15, 2022, the company operated a fleet of 25 double-hulled product and chemical tankers.

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48 USD
ASC
Undervalued 396.85%

Euroseas Ltd. provides ocean-going transportation services worldwide. The company owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables.

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-49.3 USD
ESEA
Overvalued 228.67%

Himalaya Shipping Ltd. focuses on the provision of dry bulk shipping services. The company was incorporated in 2021 and is based in Hamilton, Bermuda.

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-169 USD
HSHP
Overvalued 3121.86%

Kirby Corporation operates domestic tank barges in the United States. Its Marine Transportation segment provides marine transportation service and towing vessel transporting bulk liquid product, as well as operates tank barge throughout the Mississippi River System, on the Gulf Intracoastal Waterway, coastwise along three United States coasts, and in Alaska and Hawaii.

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192 USD
KEX
Undervalued 77.64%

EuroDry Ltd., through its subsidiaries, provides ocean-going transportation services worldwide. The company owns and operates drybulk carriers that transport major bulks, such as iron ore, coal, and grains; and minor bulks, including bauxite, phosphate, and fertilizers.

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-99 USD
EDRY
Overvalued 1208.69%
6. Ownership
Insider Ownership Costamare Inc.
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Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
Date Value Insider Amount Avg Price
7. News
Costamare Bulkers: Interesting Opportunity, But Management Has To Perform For Long-Term Investment Costamare Bulkers Holdings Limited is experiencing selling pressure from Costamare shareholders, leading to a stock price at one third of its NAV, presenting a potential trade. The company has a strong financial position with low leverage and a focus on growth through its CBI platform and returning capital to shareholders, primarily through dividends. While there is potential for a 50% upside if the stock re-rates to half its NAV, long-term investment success hinges on management performance and consistent profitability. seekingalpha.com - 20 hours ago
Costamare Inc. (CMRE) Q1 2025 Earnings Call Transcript Costamare Inc. (NYSE:CMRE ) Q1 2025 Earnings Conference Call May 8, 2025 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Operator Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the First Quarter 2025 Financial Results. We have with us Mr. seekingalpha.com - 1 week ago
Costamare (CMRE) Q1 Earnings and Revenues Surpass Estimates Costamare (CMRE) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.63 per share a year ago. zacks.com - 2 weeks ago
Costamare Inc. Reports Results for the First Quarter Ended March 31, 2025 MONACO, May 08, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the first quarter ended March 31, 2025 (“Q1 2025”). globenewswire.com - 2 weeks ago
Costamare Inc. Announces Completion of the Costamare Bulkers Holdings Limited Spin-Off MONACO , May 07, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) announced today that it has completed the spin-off of its dry bulk business into a standalone public company, Costamare Bulkers Holdings Limited (“Costamare Bulkers”). Each holder of Costamare Inc. common shares received one common share of Costamare Bulkers Holdings Limited for every five Costamare Inc. common shares held as of the close of business on April 29, 2025. globenewswire.com - 2 weeks ago
Costamare Inc. Sets the Date for Its First Quarter 2025 Results Release, Conference Call and Webcast Earnings Release: Thursday, May 8, 2025, Before Market Opens Conference Call and Webcast: Thursday, May 8, 2025, at 8:30 a.m. ET globenewswire.com - 2 weeks ago
Costamare (CMRE) Laps the Stock Market: Here's Why In the closing of the recent trading day, Costamare (CMRE) stood at $9.57, denoting a +1.92% change from the preceding trading day. zacks.com - 2 weeks ago
Earnings Preview: Costamare (CMRE) Q1 Earnings Expected to Decline Costamare (CMRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations. zacks.com - 2 weeks ago
Costamare (CMRE) Stock Drops Despite Market Gains: Important Facts to Note The latest trading day saw Costamare (CMRE) settling at $8.47, representing a -1.17% change from its previous close. zacks.com - 4 weeks ago
Costamare Inc. Announces Plans for Costamare Bulkers Holdings Limited Spin-Off MONACO, April 17, 2025 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE) (the “Company”) today announced that its Board of Directors has approved the previously announced spin-off of its dry bulk business into a standalone company, Costamare Bulkers Holdings Limited (“Costamare Bulkers”). The Company expects to complete the transaction, by way of a pro rata distribution to Costamare Inc. shareholders, on May 6, 2025. globenewswire.com - 1 month ago
Why Costamare (CMRE) Dipped More Than Broader Market Today Costamare (CMRE) closed at $8.92 in the latest trading session, marking a -1.22% move from the prior day. zacks.com - 1 month ago
Costamare (CMRE) Soars 9.0%: Is Further Upside Left in the Stock? Costamare (CMRE) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road. zacks.com - 1 month ago
8. Profile Summary

Costamare Inc. CMRE

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COUNTRY MC
INDUSTRY Marine Shipping
MARKET CAP $ 994 M
Dividend Yield 1.17%
Description 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.
Contact 7 Rue du Gabian, Monaco, 98000 https://www.costamare.com
IPO Date Nov. 4, 2010
Employees 2430
Officers Mr. Gregory G. Zikos Chief Financial Officer & Director Mr. Peter Lund Chief Commercial Officer Mr. Anastasios Gabrielides General Counsel & Secretary Mr. Konstantinos V. Konstantakopoulos Chairman & Chief Executive Officer