CMRE Stock Analysis: Costamare | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.863m USD | 12M Return: 36.7% | MHY1771G1026 | Charts, Fundamentals & Technical Analysis
Avg Turnover: 5.07M
EPS Trend: 79.2%
Qual. Beats: 0
Rev. Trend: -61.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 11.6 years of data
How good or bad each month usually is (without trend). The score below shows how much you can trust it: 0 = pure chance, >40 gets interesting and >55 is strong.
Costamare Inc. (NYSE: CMRE) is a Monaco-headquartered marine transportation company that owns and operates a dual-segment fleet of containerships and dry bulk vessels, which it charters to liner companies and other cargo customers worldwide. As of February 24, 2026, the fleet consisted of 79 containerships and 38 dry bulk vessels. Founded in 1974 and listed on the NYSE since November 2010, the company operates in the Industrials sector (Marine Transportation sub-industry) with a small-cap market capitalization of approximately $1.85 billion. Its asset-light chartering model generates revenue through time and voyage charter lease arrangements rather than direct cargo operations, and exposure to both container and dry bulk segments provides diversification across distinct shipping cycles, which are typically driven by different supply-demand dynamics.
- Containership charter rates decline on oversupply of new vessel deliveries
- Dry bulk freight rates rise with China iron ore demand
- Red Sea shipping disruption extends container charter rate strength
| Net Income: 338.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -17.27 > 1.0 |
| NWC/Revenue: 26.97% < 20% (prev 14.27%; Δ 12.70% < -1%) |
| CFO/TA 0.12 > 3% & CFO 467.9m > Net Income 338.8m |
| Net Debt (1.12b) to EBITDA (541.5m): 2.08 < 3 |
| Current Ratio: 1.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (120.7m) vs 12m ago 0.52% < -2% |
| Gross Margin: 57.41% > 18% (prev 30.36%; Δ 27.04% > 0.5%) |
| Asset Turnover: 21.67% > 50% (prev 46.81%; Δ -25.14% > 0%) |
| Interest Coverage Ratio: 5.25 > 6 (EBIT TTM 404.8m / Interest Expense TTM 77.2m) |
| A: 0.06 (Total Current Assets 598.1m - Total Current Liabilities 371.7m) / Total Assets 4.01b |
| B: 0.25 (Retained Earnings 993.6m / Total Assets 4.01b) |
| C: 0.10 (EBIT TTM 404.8m / Avg Total Assets 3.87b) |
| D: 1.29 (Book Value of Equity 2.22b / Total Liabilities 1.72b) |
| Altman-Z'' = 3.24 = A |
| DSRI: 2.42 (Receivables 33.5m/28.9m, Revenue 839.5m/1.75b) |
| GMI: 0.53 (GM 30.36% / 57.41%) |
| AQI: 0.96 (AQ_t 0.11 / AQ_t-1 0.11) |
| SGI: 0.48 (Revenue 839.5m / 1.75b) |
| TATA: -0.03 (NI 338.8m - CFO 467.9m) / TA 4.01b) |
| Beneish M = -2.68 (Cap -4..+1) = A |
As of September 01, 2026, the stock is trading at USD 15.28 with a total of 356,112 shares traded. Over the past week, the price has changed by -1.93%, over one month by -1.93%, over three months by -1.41% and over the past year by +36.74%.
Current recommended Stop Loss: 14.50 (which is 5.1% or 1.6 ATR below the current price).
Costamare has received a consensus analysts rating of 5.00. Therefore, it is recommended to buy CMRE.
- StrongBuy: 2
- Buy: 0
- Hold: 0
- Sell: 0
- StrongSell: 0
| Analysts Target Price | 20 | 30.9% |
P/E Trailing = 5.8151
P/E Forward = 15.0602
P/S = 2.1728
P/B = 0.8361
P/EG = 2.3952
Revenue TTM = 839.5m USD
EBIT TTM = 404.8m USD
EBITDA TTM = 541.5m USD
Long Term Debt = 1.27b USD (from longTermDebt, last quarter)
Short Term Debt = 231.7m USD (from shortTermDebt, last quarter)
Debt = 1.50b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 1.12b USD (calculated: Debt 1.50b - CCE 380.4m)
Enterprise Value = 2.99b USD (1.86b + Debt 1.50b - CCE 380.4m)
Interest Coverage Ratio = 5.25 (Ebit TTM 404.8m / Interest Expense TTM 77.2m)
EV/FCF = -22.40x (Enterprise Value 2.99b / FCF TTM -133.3m)
FCF Yield = -4.46% (FCF TTM -133.3m / Enterprise Value 2.99b)
FCF Margin = -15.88% (FCF TTM -133.3m / Revenue TTM 839.5m)
Net Margin = 40.36% (Net Income TTM 338.8m / Revenue TTM 839.5m)
Gross Margin = 57.41% ((Revenue TTM 839.5m - Cost of Revenue TTM 357.6m) / Revenue TTM)
Gross Margin QoQ = 51.15% (prev 51.17%)
Tobins Q-Ratio = 0.75 (Enterprise Value 2.99b / Total Assets 4.01b)
Interest Expense / Debt = 5.13% (Interest Expense 77.2m / Debt 1.50b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 319.8m (EBIT 404.8m * (1 - 21.00%))
Current Ratio = 1.61 (Total Current Assets 598.1m / Total Current Liabilities 371.7m)
Debt / Equity = 0.68 (Debt 1.50b / totalStockholderEquity, last quarter 2.22b)
Debt / EBITDA = 2.08 (Net Debt 1.12b / EBITDA 541.5m)
Debt / FCF = -8.43 (negative FCF - burning cash) (Net Debt 1.12b / FCF TTM -133.3m)
Total Stockholder Equity = 2.12b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.75% (Net Income 338.8m / Total Assets 4.01b)
RoE = 15.97% (Net Income TTM 338.8m / Total Stockholder Equity 2.12b)
RoCE = 11.93% (EBIT 404.8m / Capital Employed (Equity 2.12b + L.T.Debt 1.27b))
RoIC = 8.36% (NOPAT 319.8m / Invested Capital 3.83b)
WACC = 6.11% (E(1.86b)/V(3.37b) * Re(7.77%) + D(1.50b)/V(3.37b) * Rd(5.13%) * (1-Tc(0.21)))
Discount Rate = 7.77% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 96.30 | Cagr: 0.79%
[DCF] Fair Price = unknown (Cash Flow -133.3m)
EPS Correlation: 79.20 | EPS CAGR: 11.31% | SUE: -0.55 | # QB: 0
Revenue Correlation: -61.46 | Revenue CAGR: -17.31% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-09-30): EPS=0.66 | Chg30d=-1.49% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=2.74 | Chg30d=+0.74% | Revisions=+25% | GrowthEPS=-12.2% | GrowthRev=+6.4%
EPS next Year (2027-12-31): EPS=2.78 | Chg30d=+6.51% | Revisions=+25% | GrowthEPS=+1.5% | GrowthRev=-0.3%