CMRE Costamare Inc

  1. Stocks
  2. Industrials
  3. NYSE: CMRE

Price (delayed)

$14.26

Market cap

$1.88B

P/E Ratio

5.3

Dividend/share

$0.46

EPS

$2.69

Enterprise value

$2.79B

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Relative Growth: Rel. Growth:
Relative Strength: Rel. Strength:
Relative Valuation: Rel. Valuation:
Relative Profitability: Rel. Profitability: 91

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
Costamare's debt has decreased by 34% YoY
CMRE's quick ratio is up by 29% year-on-year and by 12% since the previous quarter
CMRE's gross margin is up by 30% since the previous quarter but it is down by 11% year-on-year
The equity has contracted by 17% YoY but it has grown by 3.2% from the previous quarter
The P/E is 29% higher than the 5-year quarterly average of 4.1 and 3.9% higher than the last 4 quarters average of 5.1
The company's revenue fell by 27% QoQ
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

CMRE stock price

How has the Costamare stock price performed over time
Intraday
2%
1 week
-2.99%
1 month
-8.41%
1 year
55%
YTD
-9.69%
QTD
1.71%

Financial performance

How have Costamare's revenue and profit performed over time
Revenue
$642.73M
Gross profit
$620.06M
Operating income
$444.13M
Net income
$344.85M
Gross margin
96.5%
Net margin
53.7%
CMRE's operating margin is up by 34% since the previous quarter but it is down by 14% year-on-year
CMRE's gross margin is up by 30% since the previous quarter but it is down by 11% year-on-year
Costamare's net margin has increased by 29% from the previous quarter and by 7% YoY
The company's revenue fell by 27% QoQ

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
CMRE P/E details
P/E
5.3
P/B
0.8
P/S
2.68
EV/EBIT
6.54
EV/EBITDA
5.1
EV/Sales
4.34
The P/E is 29% higher than the 5-year quarterly average of 4.1 and 3.9% higher than the last 4 quarters average of 5.1
Costamare's EPS has increased by 10% YoY but it has decreased by 6% from the previous quarter
The equity has contracted by 17% YoY but it has grown by 3.2% from the previous quarter
CMRE's price to book (P/B) is 14% higher than its 5-year quarterly average of 0.7
The stock's price to sales (P/S) is 41% more than its 5-year quarterly average of 1.9 and 17% more than its last 4 quarters average of 2.3
The company's revenue fell by 27% QoQ

Efficiency

How efficient is Costamare business performance
Costamare's return on assets has surged by 50% YoY
The company's return on equity rose by 36% YoY
CMRE's ROIC is up by 34% YoY
Costamare's ROS has increased by 28% from the previous quarter

Dividends

What is CMRE's dividend history
Dividend details
DPS
$0.46
Dividend yield
3.23%
Payout ratio
17.1%
Recent dividends

Special dividends are included in TTM DPS and yield

Financial health

How did Costamare financials performed over time
The total assets is 131% more than the total liabilities
CMRE's total liabilities is down by 31% year-on-year
CMRE's quick ratio is up by 29% year-on-year and by 12% since the previous quarter
Costamare's debt is 31% less than its equity
Costamare's debt has decreased by 34% YoY
Costamare's debt to equity has decreased by 22% YoY and by 5% QoQ

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