CMRE Stock Analysis: Costamare | NYSE
Marine Shipping | NYSE, USA | Market Cap: 1.688m USD | 12M Return: 59.2% | Charts, Fundamentals & Technical Analysis
Avg Turnover: 7.18M
EPS Trend: 81.2%
Qual. Beats: -1
Rev. Trend: -26.5%
Qual. Beats: 0
Warnings
Tailwinds
No distinct edge detected
Seasonality 10.5 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: 344.8m TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA -3.75 > 1.0 |
| NWC/Revenue: 44.36% < 20% (prev 22.62%; Δ 21.74% < -1%) |
| CFO/TA 0.06 > 3% & CFO 223.3m > Net Income 344.8m |
| Net Debt (891.9m) to EBITDA (578.4m): 1.54 < 3 |
| Current Ratio: 1.96 > 1.5 & < 3 |
| Outstanding Shares: last quarter (120.6m) vs 12m ago 0.53% < -2% |
| Gross Margin: 58.37% > 18% (prev 31.12%; Δ 27.25% > 0.5%) |
| Asset Turnover: 18.77% > 50% (prev 34.27%; Δ -15.50% > 0%) |
| Interest Coverage Ratio: 5.41 > 6 (EBIT TTM 443.2m / Interest Expense TTM 81.9m) |
| A: 0.10 (Total Current Assets 769.1m - Total Current Liabilities 392.2m) / Total Assets 3.92b |
| B: 0.24 (Retained Earnings 930.0m / Total Assets 3.92b) |
| C: 0.10 (EBIT TTM 443.2m / Avg Total Assets 4.53b) |
| D: 1.27 (Book Value of Equity 2.15b / Total Liabilities 1.70b) |
| Altman-Z'' = 3.39 = A |
| DSRI: 0.87 (Receivables 29.6m/70.1m, Revenue 849.6m/1.76b) |
| GMI: 0.53 (GM 31.12% / 58.37%) |
| AQI: 1.52 (AQ_t 0.11 / AQ_t-1 0.07) |
| SGI: 0.48 (Revenue 849.6m / 1.76b) |
| TATA: 0.03 (NI 344.8m - CFO 223.3m) / TA 3.92b) |
| Beneish M = -3.61 (Cap -4..+1) = AAA |
As of July 04, 2026, the stock is trading at USD 14.26 with a total of 257,100 shares traded. Over the past week, the price has changed by -2.99%, over one month by -7.64%, over three months by -18.21% and over the past year by +59.23%.
Current recommended Stop Loss: 13.50 (which is 5.3% or 1.5 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 | 21 | 47.3% |
P/E Trailing = 4.9399
P/E Forward = 15.0602
P/S = 1.9489
P/B = 0.7864
P/EG = 2.3952
Revenue TTM = 849.6m USD
EBIT TTM = 443.2m USD
EBITDA TTM = 578.4m USD
Long Term Debt = 1.24b USD (from longTermDebt, last quarter)
Short Term Debt = 254.3m USD (from shortTermDebt, last quarter)
Debt = 1.49b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 891.9m USD (calculated: Debt 1.49b - CCE 602.3m)
Enterprise Value = 2.58b USD (1.69b + Debt 1.49b - CCE 602.3m)
Interest Coverage Ratio = 5.41 (Ebit TTM 443.2m / Interest Expense TTM 81.9m)
EV/FCF = 19.79x (Enterprise Value 2.58b / FCF TTM 130.4m)
FCF Yield = 5.05% (FCF TTM 130.4m / Enterprise Value 2.58b)
FCF Margin = 15.35% (FCF TTM 130.4m / Revenue TTM 849.6m)
Net Margin = 40.59% (Net Income TTM 344.8m / Revenue TTM 849.6m)
Gross Margin = 58.37% ((Revenue TTM 849.6m - Cost of Revenue TTM 353.7m) / Revenue TTM)
Gross Margin QoQ = 51.17% (prev 53.81%)
Tobins Q-Ratio = 0.66 (Enterprise Value 2.58b / Total Assets 3.92b)
Interest Expense / Debt = 5.48% (Interest Expense 81.9m / Debt 1.49b)
Taxrate = 21.0% (US federal default 21%)
NOPAT = 350.2m (EBIT 443.2m * (1 - 21.00%))
Current Ratio = 1.96 (Total Current Assets 769.1m / Total Current Liabilities 392.2m)
Debt / Equity = 0.69 (Debt 1.49b / totalStockholderEquity, last quarter 2.15b)
Debt / EBITDA = 1.54 (Net Debt 891.9m / EBITDA 578.4m)
Debt / FCF = 6.84 (Net Debt 891.9m / FCF TTM 130.4m)
Total Stockholder Equity = 2.05b (last 4 quarters mean from totalStockholderEquity)
RoA = 7.62% (Net Income 344.8m / Total Assets 3.92b)
RoE = 16.80% (Net Income TTM 344.8m / Total Stockholder Equity 2.05b)
RoCE = 13.46% (EBIT 443.2m / Capital Employed (Equity 2.05b + L.T.Debt 1.24b))
RoIC = 9.35% (NOPAT 350.2m / Invested Capital 3.74b)
WACC = 6.51% (E(1.69b)/V(3.18b) * Re(8.44%) + D(1.49b)/V(3.18b) * Rd(5.48%) * (1-Tc(0.21)))
Discount Rate = 8.44% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 95.56 | Cagr: 0.95%
[DCF] Terminal Value 73.10% ; FCFF base≈223.2m ; Y1≈195.7m ; Y5≈158.1m
[DCF] Fair Price = 13.64 (EV 2.54b - Net Debt 891.9m = Equity 1.65b / Shares 120.7m; r=8.35% [WACC [floored]]; 5y FCF grow -15.0% → 2.50% )
EPS Correlation: 81.22 | EPS CAGR: 11.68% | SUE: -1.02 | # QB: -1
Revenue Correlation: -26.49 | Revenue CAGR: -6.72% | SUE: 0.04 | # QB: 0
EPS current Quarter (2026-06-30): EPS=0.48 | Chg30d=-27.27% | Revisions=-25% | Analysts=1
EPS next Quarter (2026-09-30): EPS=0.67 | Chg30d=-2.90% | Revisions=-25% | Analysts=1
EPS current Year (2026-12-31): EPS=2.74 | Chg30d=+0.74% | Revisions=+25% | GrowthEPS=-12.2% | GrowthRev=+4.5%
EPS next Year (2027-12-31): EPS=2.78 | Chg30d=+6.51% | Revisions=+25% | GrowthEPS=+1.5% | GrowthRev=+0.9%