(CMRE) Costamare - Ratings and Ratios

Costamare Inc. (NYSE:CMRE) is a global leader in maritime transportation, specializing in the ownership and operation of containerships and dry bulk vessels. The companys containerships are primarily chartered to major liner companies, facilitating the movement of containerized goods such as electronics, textiles, and perishables. Its dry bulk fleet, meanwhile, serves a diverse range of customers, transporting commodities like coal, iron ore, and grains worldwide. As of February 12, 2025, the company operates a combined fleet of 68 containerships and 38 dry bulk vessels, establishing it as a key player in the global shipping industry. Headquartered in Monaco, Costamare Inc. has been in operation since 1974, building a reputation for reliability and operational efficiency.

From a technical standpoint, CMRE is currently trading at $9.57, above its 20-day SMA of $8.92 but below its 50-day SMA of $9.61. The stocks 200-day SMA stands at $12.23, indicating a broader downtrend. The Average True Range (ATR) of 0.39 suggests moderate volatility. The stocks average 20-day volume is 548,300 shares, reflecting consistent trading activity.

Fundamentally, CMRE boasts a market capitalization of $1.126 billion, with a trailing P/E ratio of 3.85, signaling undervaluation relative to earnings. The price-to-book (P/B) ratio of 0.44 further underscores this, as it suggests the stock is trading below its book value. The price-to-sales (P/S) ratio of 0.54 indicates a low valuation relative to revenue. Return on equity (RoE) stands at 12.73%, highlighting efficient profitability. However, the lack of forward P/E data may limit visibility into future earnings expectations.

Based on the convergence of technical and fundamental data, CMRE appears poised for potential upside. The stocks current price above the 20-day SMA, coupled with its low valuation metrics, suggests undervaluation. However, the broader industry dynamics and macroeconomic factors such as global trade volumes, fuel costs, and regulatory changes will remain key drivers of performance. Investors should closely monitor these variables to assess the stocks future trajectory.