CMRE Costamare Inc

Price (delayed)

$13.27

Market cap

$1.6B

P/E Ratio

5.1

Dividend/share

$0.48

EPS

$2.6

Enterprise value

$2.69B

Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 81

Costamare Inc. is one of the world’s leading owners and providers of containerships and dry bulk vessels for charter. The Company has 51 years of history in the international shipping ...

Highlights
CMRE's quick ratio has soared by 96% since the previous quarter and by 57% year-on-year
The equity has grown by 13% YoY and by 3% from the previous quarter
The P/E is 26% higher than the 5-year quarterly average of 4.1 but 9% lower than the last 4 quarters average of 5.7
Costamare's debt has increased by 20% from the previous quarter and by 14% YoY
CMRE's gross profit is down by 10% year-on-year

Key stats

What are the main financial stats of CMRE

CMRE stock price

How has the Costamare stock price performed over time
Intraday
-1.34%
1 week
-7.53%
1 month
-14.05%
1 year
6.76%
YTD
-15.96%
QTD
-9.67%

Financial performance

How have Costamare's revenue and profit performed over time
Revenue
$852.6M
Gross profit
$607.85M
Operating income
$396.92M
Net income
$334.71M
Gross margin
71.3%
Net margin
39.3%
CMRE's operating income is down by 17% year-on-year and by 4.3% since the previous quarter
CMRE's operating margin is down by 13% year-on-year and by 3.7% since the previous quarter
CMRE's gross profit is down by 10% year-on-year
Costamare's net margin has increased by 9% YoY

Price vs fundamentals

How does CMRE's price correlate with its fundamentals

Growth

What is Costamare's growth rate over time

Valuation

What is Costamare stock price valuation
P/E
5.1
P/B
0.7
P/S
1.88
EV/EBIT
6.49
EV/EBITDA
N/A
EV/Sales
3.16
The P/E is 26% higher than the 5-year quarterly average of 4.1 but 9% lower than the last 4 quarters average of 5.7
Costamare's EPS has increased by 3.6% YoY
CMRE's price to book (P/B) is 21% lower than its last 4 quarters average of 0.9
The equity has grown by 13% YoY and by 3% from the previous quarter
The stock's price to sales (P/S) is 9% less than its last 4 quarters average of 2.1 but 6% more than its 5-year quarterly average of 1.8
The company's revenue fell by 4.2% YoY

Efficiency

How efficient is Costamare business performance
Costamare's return on assets has increased by 16% YoY but it has decreased by 3.7% QoQ
The company's return on equity rose by 8% YoY but it fell by 4% QoQ
CMRE's ROIC is up by 7% YoY but it is down by 5% QoQ
Costamare's ROS has increased by 3.8% YoY

Dividends

What is CMRE's dividend history
DPS
$0.48
Dividend yield
3.62%
Payout ratio
18.5%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Costamare financials performed over time
The total assets is 118% more than the total liabilities
CMRE's quick ratio has soared by 96% since the previous quarter and by 57% year-on-year
CMRE's current ratio has soared by 57% from the previous quarter and by 50% YoY
Costamare's debt is 21% less than its equity
Costamare's debt has increased by 20% from the previous quarter and by 14% YoY
Costamare's debt to equity has increased by 16% QoQ

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