Reading the tape
NYSE: CMRE
Costamare Inc.
Industrials · Marine Shipping
Market Cap
$1.95B
52w High
$18.06
52w Low
$6.63
P/E
5.64
Volume
261.29K
Outstanding Shares
120.59M
Price vs Fundamentals
Why The Stock Is Moving
Mixed / unclearLow confidence
1Y Price: 129.77%Revenue (TTM): -51.65%FCF (TTM): 43.42%P/FCF: 41st pct
What changed
The stock rose 129.77% over the last year. Revenue declined 51.65% over the trailing twelve months. Operating margin moved from 26% to 48.46%. Free cash flow grew 43.42% over the trailing twelve months.
What the market seems to be pricing
The stock has moved higher against modestly improving underlying metrics. The operating data does not yet tell a clear story — the move may reflect sentiment, sector rotation, or macro factors rather than company-specific earnings power.
What would invalidate this read
Operating margin currently stands at 48.46%. A decisive move in revenue — currently down 51.65% — would be the clearest signal to resolve the ambiguity.
Company profile
Costamare Inc. owns and charters containerships to liner companies worldwide.
CEOKonstantinos V. Konstantakopoulos
SectorIndustrials
IndustryMarine Shipping
Employees2,430
IPO dateNov 4, 2010
Valuation
Forward P/E—
EV/EBITDA4.78
Enterprise value$2.88B
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Revenue growth-54.83%
Gross margin58.37%▲114.42%vs FY2024
Operating margin48.46%▲133.09%vs FY2024
ROE17.48%▲37.30%vs FY2024
Analyst consensus
RatingHold
Target price$13.00▼19.40%
3
Buy
6
Hold
2
Sell
Analyst ratings tend to be lagging indicators. Use as one signal among many.
Earnings
Full quarter-by-quarter history of actuals vs estimates. Switch into compare mode to inspect one metric year-over-year.
Next report
Jul 30, 2026
Q3 FY26 · EPS est $0.63 · Revenue est $201M
View
Dividends
$0.46/shareQuarterly3yr growth streakSafeCMRE pays a dividend with a 2.85% dividend yield, 3 consecutive years of growth, growing at 2.83% annually, covered 6.0× by free cash flow.
Dividend Yield
2.85%
Annual Div / Share
$0.46
5yr CAGR
+2.83%
Doubles every ~24.8yr
Payout Ratio
11.4%
Safe
Dividend Growth Rate
3yr CAGR
+0%
5yr CAGR
+2.83%
10yr CAGR
-8.83%
Dividend Safety
10/10Safe
Dividend History
Annualized dividend cycles per share
YearAnnual DivYoY
2026$0.46+0.0%
2025$0.46+0.0%
2024$0.46+0.0%
2023$0.46-52.1%
2022$0.96+140.0%
2021$0.40+0.0%
2020$0.40+0.0%
Income Projection
Invest
$
Growth rate:
Reinvest dividends
Today
$29/yr
$2/mo
In 5 yrs
$33/yr+15%
$3/mo
In 10 yrs
$38/yr+32%
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$29/yr $2/mo | $33/yr+15% $3/mo | $38/yr+32% $3/mo |
Yield-on-cost grows from 2.85% → 3.77% over 10yr
Analysis
Dividend Strengths
Well-covered by free cash flow
The dividend is covered 6.0× by free cash flow, indicating the company generates sufficient cash to sustain and potentially grow the payout without straining its finances.
Risks to Watch
No strong risk signal stands out from the latest period pair.