Costamare

Costamare, Inc. is a holding company, which engages in the provision of containerships chartering. It operates through the following segments: Container Vessels, Dry Bulk Vessels, and Other. The Container Vessels segment consists of transportation of containerized products through ownership and trading of container vessels. The Dry Bulk Vessels segment includes dry bulk commodities transportation services. The company was founded by Konstantinos Vasileios Konstantakopoulos in 1974 and is headquartered in Monaco.

Earnings data Q1 2021

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Earnings data Q4 2024

Costamare reports record earnings, eyes strategic investments for growth

Costamare's strong financial performance in 2022 reflects strategic decisions and market positioning.
Despite challenges in the dry bulk market, the company's focus on diversification and prudent investments is evident.
Opportunities for growth exist through exploring new ventures and capitalizing on market dynamics.
Maintaining a robust balance sheet and leveraging market insights are key to navigating future uncertainties.

Costamare reports strong Q1 earnings, secures long-term revenue streams

Costamare's Q1 2023 performance reflects robust financial results, strategic investments, and proactive measures to secure revenue streams.
While facing challenges in market volatility and operational management, the company's strong liquidity position and revenue visibility are key strengths.
Opportunities lie in capitalizing on rising charter rates, expanding strategic investments, and optimizing asset portfolio for future growth.
Overall, Costamare's performance highlights resilience, strategic foresight, and a focus on long-term sustainability and profitability.

Costamare reports solid Q2 earnings amidst market challenges and opportunities

Costamare's Q2 performance reflects financial stability with strong liquidity and steady growth in leasing transactions.
While facing challenges in market softening and volatility, the company maintains a focus on prudent financial management and strategic decision-making.
Opportunities lie in expanding the fleet through financing arrangements, leveraging market recovery indicators, and enhancing the Neptune Maritime Leasing platform.
Overall, Costamare's performance, strengths, challenges, and opportunities position the company for resilient growth and profitability in the maritime industry.

Costamare reports solid Q3 earnings, eyes growth amid market challenges

Costamare's Q3 performance reflects financial stability and strategic investments in its fleet. While facing challenges in certain market segments, the company's focus on growth and fleet renewal underscores a positive outlook. With a strong liquidity position and revenue stability in the Containership sector, Costamare is well-positioned to navigate market dynamics and pursue growth opportunities.

Costamare (CMRE) reports robust 2023 earnings amidst market challenges

Costamare (CMRE) delivered strong financial performance in 2023, driven by revenue growth and strategic fleet decisions. While facing challenges in a volatile market, the company is well-positioned to capitalize on opportunities in the leasing sector and vessel renewal strategies.

Costamare (CMRE) reports robust Q1 earnings amidst sector disruptions

Costamare (CMRE) delivered a solid performance in Q1 2024, driven by strong financial results and strategic fleet management decisions.
While facing challenges in investor communication and market uncertainties, Costamare (CMRE) has opportunities to capitalize on sector disruptions and drive growth.
Overall, Costamare (CMRE) remains well-positioned with secured contracts, fleet expansion, and a focus on revenue diversification to navigate industry dynamics.

Costamare posts robust Q2 earnings, eyes fleet expansion opportunities

Costamare's Q2 performance reflects financial strength and operational efficiency, supported by a robust liquidity position and strategic chartering decisions.
The company's focus on fleet renewal and cost-saving initiatives bodes well for long-term sustainability and competitiveness in the maritime industry.
While facing challenges in market fluctuations and vessel acquisitions, Costamare is well-positioned to capitalize on opportunities for growth and risk mitigation.

Costamare reports strong Q3 earnings, eyes fleet expansion opportunities

Costamare's Q3 performance reflects robust financial health, supported by a well-utilized containership fleet and long-term contracted revenues.
The company's strategic acquisitions and financial management initiatives strengthen its position in the shipping industry.
While facing challenges from external factors, Costamare can capitalize on growth opportunities through fleet expansion, strategic partnerships, and technological advancements.
Overall, Costamare's prudent financial decisions and market positioning position it well for sustainable growth and profitability.

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Costamare, Inc. is a holding company, which engages in the provision of containerships chartering. It operates through the following segments: Container Vessels, Dry Bulk Vessels, CBI, and Other. The Container Vessels segment consists of transportation of containerized products through ownership and trading of container vessels. The Dry Bulk Vessels segment includes dry bulk commodities transportation services. The company was founded by Konstantinos Vasileios Konstantakopoulos in 1974 and is headquartered in Monaco.

Earnings Release: Wednesday, July 31, 2024, Before Market Opens Conference Call and Webcast: Wednesday, July 31, 2024, at 8:30 a.m. ET

Costamare Inc. Sets the Date for Its Second Quarter 2024 Results Release, Conference Call and Webcast

With Costamare (CMRE) shares gaining significantly this year, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.

Costamare (CMRE) Surges 43% YTD: What Should Investors Do Now?

Costamare (CMRE) closed at $15.56 in the latest trading session, marking a +0.52% move from the prior day.

Costamare (CMRE) Rises As Market Takes a Dip: Key Facts

MONACO, July 15, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that the Company has completed the previously announced redemption of all of its 4,574,100 outstanding shares of 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”, and the redemption thereof, the “Redemption”) held by shareholders (the “Holders”). The redemption price of the shares of Series E Preferred Stock was $25.00 per share plus accrued and unpaid dividends in respect of the Series E Preferred Stock up to, but not including, the redemption date of July 15, 2024 (the “Redemption Date”, and such price, the “Redemption Price”). The Company paid a quarterly dividend of $0.554688 per share on the Series E Preferred Stock on July 15, 2024, immediately prior to the Redemption, to holders of record as of July 12, 2024. The Company funded the Redemption with cash on hand.

Costamare Inc. Completes Full Redemption of Its Outstanding Shares of Series E Preferred Stock

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MONACO, July 12, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced today that its Board of Directors has called an annual meeting of the stockholders to be held virtually on Thursday, October 3, 2024.

Costamare Inc. Announces 2024 Annual Meeting of Stockholders

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Should Value Investors Buy Costamare (CMRE) Stock?

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ST HELIER, Jersey, June 25, 2024 (GLOBE NEWSWIRE) -- Neptune Maritime Leasing Limited (“Neptune Leasing” or the “Company”), a growth-oriented maritime leasing platform with the mission to providing shipowners with access to a flexible financing tool, is delighted to announce that Marine Money has designated last year's $220 million investment from Costamare Inc., (“Costamare”) (NYSE: CMRE) and the Latsco Family Office (“LFO”) as the Private Equity Deal of the Year 2023.

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Strength Seen in Costamare (CMRE): Can Its 5.6% Jump Turn into More Strength?

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Are Investors Undervaluing Costamare (CMRE) Right Now?

MONACO , June 14, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that the Company will redeem all of its outstanding shares of 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”, and the redemption thereof, the “Redemption”) held by shareholders (the “Holders”), pursuant to that certain Statement of Designation, dated as of January 26, 2018. The Company expects the redemption date for the shares of Series E Preferred Stock to occur on July 15, 2024 (the “Redemption Date”). The redemption price of the shares of Series E Preferred Stock will be $25.00 per share plus accrued and unpaid dividends in respect of the Series E Preferred Stock up to, but not including, the Redemption Date (the “Redemption Price”). As of the date of this press release, there were 4,574,100 Series E Preferred Stock outstanding.

Costamare Inc. Announces Full Redemption of its Outstanding Shares of Series E Preferred Stock

Costamare (CMRE) closed the most recent trading day at $15.42, moving -0.32% from the previous trading session.

Costamare (CMRE) Stock Dips While Market Gains: Key Facts

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