CMRE Costamare Inc

  1. Stocks
  2. Industrials
  3. NYSE: CMRE

Price (delayed)

$12.48

Market cap

$1.48B

P/E Ratio

4.23

Dividend/share

$0.46

EPS

$2.95

Enterprise value

$3.37B

Costamare Inc. is a Greek and Marshall Islands corporation and one of the leading owners and providers of containerships for charter. Its headquarters are in Athens, Greece.

Highlights
The company's revenue rose by 36% YoY and by 18% QoQ
The equity has grown by 10% YoY and by 2.6% from the previous quarter
The P/E is 65% lower than the 5-year quarterly average of 12.0 but 57% higher than the last 4 quarters average of 2.7
CMRE's quick ratio is down by 39% year-on-year but it is up by 8% since the previous quarter
CMRE's gross margin is down by 41% year-on-year and by 16% since the previous quarter
Costamare's EPS has decreased by 31% YoY and by 19% from the previous quarter
Sector: Industrials
Industry: Marine Shipping
Website: https://www.costamare.com/
Peers: DAC DSX GSL ESEA

Key stats

What are the main financial stats of CMRE
Market
Shares outstanding
118.37M
Market cap
$1.48B
Enterprise value
$3.37B
Valuations
Price to earnings (P/E)
4.23
Price to book (P/B)
0.67
Price to sales (P/S)
0.99
EV/EBIT
6.35
EV/EBITDA
4.84
EV/Sales
2.23
Earnings
Revenue
$1.51B
EBIT
$530.18M
EBITDA
$696.52M
Free cash flow
$292.11M
Per share
EPS
$2.95
Free cash flow per share
$2.43
Book value per share
$18.51
Revenue per share
$12.56
TBVPS
$43.95
Balance sheet
Total assets
$5.29B
Total liabilities
$2.85B
Debt
$2.65B
Equity
$2.38B
Working capital
$454.89M
Liquidity
Debt to equity
1.11
Current ratio
1.69
Quick ratio
1.29
Net debt/EBITDA
2.72
Margins
EBITDA margin
46.1%
Gross margin
41.2%
Net margin
25.5%
Operating margin
30.8%
Efficiency
Return on assets
6.8%
Return on equity
15.3%
Return on invested capital
8.1%
Return on capital employed
11.5%
Return on sales
35.1%
Dividend
Dividend yield
3.69%
DPS
$0.46
Payout ratio
15.6%

CMRE stock price

How has the Costamare stock price performed over time
Intraday
0.97%
1 week
5.94%
1 month
8.05%
1 year
48.75%
YTD
19.88%
QTD
9.96%

Financial performance

How have Costamare's revenue and profit performed over time
Revenue
$1.51B
Gross profit
$622.54M
Operating income
$465.43M
Net income
$385.75M
Gross margin
41.2%
Net margin
25.5%
Costamare's net margin has decreased by 49% YoY and by 31% from the previous quarter
CMRE's operating margin is down by 48% year-on-year and by 32% since the previous quarter
CMRE's gross margin is down by 41% year-on-year and by 16% since the previous quarter
The company's revenue rose by 36% YoY and by 18% QoQ

Growth

What is Costamare's growth rate over time

Valuation

What is Costamare stock price valuation
CMRE P/E details
P/E
4.23
P/B
0.67
P/S
0.99
EV/EBIT
6.35
EV/EBITDA
4.84
EV/Sales
2.23
The P/E is 65% lower than the 5-year quarterly average of 12.0 but 57% higher than the last 4 quarters average of 2.7
Costamare's EPS has decreased by 31% YoY and by 19% from the previous quarter
CMRE's price to book (P/B) is 34% higher than its last 4 quarters average of 0.5 but 4.3% lower than its 5-year quarterly average of 0.7
The equity has grown by 10% YoY and by 2.6% from the previous quarter
The stock's price to sales (P/S) is 38% less than its 5-year quarterly average of 1.6 but 10% more than its last 4 quarters average of 0.9
The company's revenue rose by 36% YoY and by 18% QoQ

Efficiency

How efficient is Costamare business performance
The company's return on equity fell by 43% YoY and by 22% QoQ
Costamare's ROS has decreased by 42% YoY and by 28% from the previous quarter
Costamare's return on assets has decreased by 38% YoY and by 21% QoQ
CMRE's ROIC is down by 24% YoY and by 15% QoQ

Dividends

What is CMRE's dividend history
Dividend details
DPS
$0.46
Dividend yield
3.69%
Payout ratio
15.6%
Recent dividends

Financial health

How did Costamare financials performed over time
The total assets is 86% more than the total liabilities
CMRE's quick ratio is down by 39% year-on-year but it is up by 8% since the previous quarter
CMRE's current ratio is down by 30% YoY but it is up by 8% from the previous quarter
Costamare's debt is 11% more than its equity
The equity has grown by 10% YoY and by 2.6% from the previous quarter
Costamare's debt to equity has decreased by 8% YoY and by 7% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.