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 Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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: Monday, May 15, 2023, Before Market Opens Conference Call and Webcast: Monday, May 15, 2023, at 8:30 a.m. ET MONACO, May 10, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (NYSE:CMRE), announced today that it will release its results for the first quarter ended March 31, 2023 before the market opens in New York on Monday, May 15, 2023.

Costamare Inc. Sets the Date for Its First Quarter 2023 Results release, Conference Call and Webcast

Charter rates are normalizing, but they're still reasonably high relative to COVID-19 lows, so profitability can be expected. They are in the process of disposing some ships in arrangements penned during the tightest of markets in early 2022.

Costamare E-Series Preferred Bolstered By Long-Term Charter Arrangements

Costamare (CMRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Costamare (CMRE) Q1 Earnings Expected to Decline

Container leasing companies are unloved by Mr. Market. Costamare is a hybrid of containers & dry-bulk ships.

Costamare: Diversified And Growing Shipper, Strong Buy

MONACO, April 03, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2022 (the “Annual Report”) has been filed with the U.S. Securities and Exchange Commission and can be accessed on the Company's website, www.costamare.com, in the “Investors” section under “Annual Reports”.

Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2022

MONACO, March 16, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) has agreed to become the leading investor in Neptune Maritime Leasing Limited (“Neptune Leasing”) through the investment of an amount of up to $200 million.

Costamare Inc. Announces Investment in Neptune Maritime Leasing Limited

Costamare is diversified across the dry bulk and container shipping segments. Recently, they started chartering in vessels, which hints to some strong rate of growth coming. Despite the increased age of its fleet, CMRE has done a great job securing long-term time charters for its container vessels, thus, offsetting the weak dry bulk spot market.

Costamare: Diversified And Hinting Towards Strong Growth

Costamare Inc. (NYSE:CMRE ) Q4 2022 Earnings Conference Call February 8, 2023 8:30 AM ET Company Participants Gregory Zikos - Chief Financial Officer Conference Call Participants Chris Wetherbee - Citigroup Omar Nokta - Jefferies Climent Molins - Value Investor's Edge Operator Thank you for standing by ladies and gentlemen and welcome to the Costamare Inc. Conference Call on the Fourth Quarter 2022 Financial Results. We have with us Mr.

Costamare Inc. (CMRE) Q4 2022 Earnings Call Transcript

Costamare (CMRE) delivered earnings and revenue surprises of -12.86% and 1.70%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Costamare (CMRE) Misses Q4 Earnings and Revenue Estimates

MONACO, Feb. 08, 2023 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the fourth quarter (“Q4 2022”) and year ended December 31, 2022.

Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2022

High costs are likely to have restricted Costamare's (CMRE) bottom-line performance in fourth-quarter 2022.

Costamare (CMRE) to Report Q4 Earnings: What's in Store?

Earnings Release: Wednesday, February 8, 2023, Before Market Opens Conference Call and Webcast: Wednesday, February 8, 2023, at 8:30 a.m. ET

Costamare Inc. Sets the Date for Its Fourth Quarter 2022 Results Release, Conference Call and Webcast

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MONACO, Nov. 29, 2022 (GLOBE NEWSWIRE) -- Following its strategic decision to enter the dry bulk sector at an opportune time in the cycle, Costamare Inc. (“Costamare” or the “Company”) has proceeded to establish a new dry bulk operating platform with a team of experienced professionals, who will join Costamare in investing in the new venture.

Costamare Inc. Announces Formation of New Dry Bulk Operating Platform

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Is Trending Stock Costamare Inc. (CMRE) a Buy Now?

Spot rates for chartering even containerships now show that truly the goods boom is over and we're reversing to pre-boom levels in a recessionary fashion. Thankfully, there's good duration on current charters and there's forward lock-ins that keep their fleet engaged for years to come.

Costamare Glides On Charter Durations

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Costamare Inc. (CMRE) is Attracting Investor Attention: Here is What You Should Know

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Costamare Inc. (NYSE:CMRE ) Q3 2022 Earnings Conference Call November 2, 2022 9:00 AM ET Company Participants Gregory Zikos - Chief Financial Officer Conference Call Participants Eli - Citigroup Omar Nokta - Jefferies Macalla Rogers - Stifel Clement Mullins - Value Investors Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Incorporated conference call on the third quarter 2022 financial results. We have with us Mr.

Costamare (CMRE) Q3 2022 Earnings Call Transcript

Costamare (CMRE) delivered earnings and revenue surprises of 1.15% and 3.81%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?

Costamare (CMRE) Q3 Earnings and Revenues Surpass Estimates

MONACO, Nov. 02, 2022 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2022”) and nine-months ended September 30, 2022.

Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2022

High fuel costs are likely to hurt Costamare's (CMRE) Q322 results.

Costamare (CMRE) to Report Q3 Earnings: What's in Store?

Earnings Release: Wednesday, November 2, 2022, Before Market Opens Conference Call and Webcast: Wednesday, November 2, 2022, at 9:00 a.m. ET

Costamare Inc. Sets the Date for Its Third Quarter 2022 Results Release, Conference Call and Webcast

We revisit after a long time the models we made on CMRE.PE to update it for the current environment where we are beginning to see recessionary pressures. Reversion to the mean is happening now with idle rates trending upwards from global lows and charter rates seeing pressure.

Costamare E Series Undervalued Despite Mean Reversion

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News for Costamare Stock (CMRE)