NYSE: CMRE
Costamare Inc.
Industrials · Marine Shipping
After hours: $15.19(0%) · as of 6:00 PM ET
Market Cap
$1.83B
52w High
$18.06
52w Low
$8.83
P/E
5.31
Volume
364.65K
Outstanding Shares
120.74M
Price vs Fundamentals
Why The Stock Is Moving
What changed
The stock rose 58.73% over the last year. Revenue declined 51.65% over the trailing twelve months. Operating margin moved from 26% to 48.46%. Free cash flow declined 56.39% over the trailing twelve months.
What the market seems to be pricing
The stock is rising despite deteriorating fundamentals and now sits at the 83rd percentile of its historical P/FCF range. This is a momentum-driven move — the market may be front-running a recovery that has not yet appeared in reported numbers.
What would invalidate this read
Operating margin (currently 48.46%) would need to stabilize or improve to justify the move. Revenue is declining 51.65% — a trend reversal in the next report would be the key signal to watch. This read is wrong if the next period shows operating metrics turning the corner. At that point the price would be anticipating real improvement rather than running ahead of it.
Company profile
Costamare Inc. specializes in the ownership and subsequent leasing of containerships to liner companies operating across the globe.
Valuation
Stock splits
No stock splits recorded for this ticker.
Profitability & growth
Analyst consensus
4
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 $0.57 · Revenue est $193.15M
View
Dividends
$0.46/shareQuarterly3yr growth streakSafeCMRE pays a dividend with a 3.03% dividend yield, 3 consecutive years of growth, growing at 2.83% annually, covered 6.0× by free cash flow.
Dividend Yield
3.03%
Annual Div / Share
$0.46
5yr CAGR
+2.83%
Doubles every ~24.8yr
Payout Ratio
11.82%
Safe
Dividend Growth Rate
3yr CAGR
+0%
5yr CAGR
+2.83%
10yr CAGR
-8.83%
Dividend History
Annualized dividend cycles per share
Income Projection
Today
$3/mo
In 5 yrs
$3/mo
In 10 yrs
$3/mo
| Today | In 5 yrs | In 10 yrs |
|---|---|---|
$30/yr $3/mo | $35/yr+15% $3/mo | $40/yr+32% $3/mo |
Yield-on-cost grows from 3.03% → 4% 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.