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

Earnings data Q2 2021

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

Earnings data Q2 2022

Earnings data Q3 2022

Earnings data Q4 2022

Earnings data Q1 2023

Earnings data Q2 2023

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.

Revenue

Cost of revenue

Gross profit

Operating expenses

SG&A

Other

Operating income

EBITDA

Net income

Earnings per share

Total assets

Current assets

Cash & equivalents

Receivables

Inventory

Non-current assets

Net PPE

Intangibles

Total liabilities

Current liabilities

Short term debt

Income tax payable

Non-current liabilities

Long-term debt

Total equity

Stockholders equity

Minority interest

Total liabilities & equity

Total debt

Net debt

Book value per share

Cash from operations

Funds from operations

Change in working capital

Cash from investing

Capital expenditure

Purchase/sale of investments

Purchase/sale of business

Other sources

Cash from financing

Change in stock

Change in debt

Cash dividends paid

Cash from other sources

Net change in cash

Free cash flow

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, October 27, 2021, Before Market Opens Conference Call and Webcast: Wednesday, October 27, 2021, at 8:30 a.m. ET

Costamare Inc. Sets the Date for Its Third Quarter 2021 Results Release, Conference Call and Webcast

Costamare (CMRE) closed at $14.39 in the latest trading session, marking a -0.21% move from the prior day.

Costamare (CMRE) Dips More Than Broader Markets: What You Should Know

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.

Costamare (CMRE) Earnings Expected to Grow: Should You Buy?

Eagle Bulk Shipping

Union Pacific

Christmas might be in trouble. These companies aren't.

3 Stocks Immune to America's Port Crisis

Ford Motor Company

AT&T

Equinor

TotalEnergies SE

Vale S.A.

With fundamentally strong value, these cheap stocks all trade at a forward P/E of less than 10 and look poised for a breakout on the upside. The post 7 Best Cheap Stocks to Buy for October appeared first on InvestorPlace.

7 Best Cheap Stocks to Buy for October

MONACO, Sept. 30, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced the election of two Class II directors at the Company's annual meeting of stockholders held virtually today.

Costamare Inc. Announces Election of Class II Directors at 2021 Annual Meeting of Stockholders

Breakwave Dry Bulk Shipping ETF

Danaos

Diana Shipping

Flex Lng Ltd

Genco Shipping & Trading

Global Ship Lease

Matson

Nordic American Tankers

Safe Bulkers

Scorpio Tankers

ZIM Integrated Shipping Services

The mainstream press is now awash in articles on global supply chain breakdowns, exorbitant shipping costs, clogged ports, emptying store shelves and rising inflation. That's good news for sentiment toward many (but not all) ocean shipping stocks.

Shipping stocks hit fresh highs amid COVID-era supply chain chaos

Costamare's (CMRE) ability to reward its shareholders through dividend payments even in these turbulent times is commendable.

Costamare (CMRE) Stock Reaches 52-Week High: What's Aiding It?

Juniper Networks

Kinder Morgan

Ryder System

KMI, JNPR, R, and CMRE made it to the Zacks Rank #1 (Strong Buy) income stocks list on September 2, 2021.

Top Ranked Income Stocks to Buy for September 2nd

Carriage Services

Grindrod Shipping Holdings Ltd

Pilgrim's Pride

Veritiv

Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength like VRTV, GRIN, CMRE, PPC and CSV have a high chance of carrying the momentum forward.

5 Stocks With Recent Price Strength as Markets Move Northward

Costamare (CMRE) could be a great choice for investors looking to make a profit from fundamentally strong stocks that are currently on the move. It is one of the several stocks that made it through our "Recent Price Strength" screen.

Costamare (CMRE) Is a Great Choice for "Trend" Investors, Here's Why

MONACO, Aug. 26, 2021 (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 2021 annual meeting of the stockholders (the “Annual Meeting”) will be held virtually, moving away from an in-person meeting due to the ongoing COVID-19 pandemic.

Costamare Inc. to Hold Virtual Annual Meeting of Stockholders for 2021

Bio-Rad Laboratories

Lifetime Brands

Investors target stocks that are witnessing a bullish run. Actually, stocks seeing price strength like VRTV, LCUT, GRIN, CMRE and BIO have a high chance of carrying the momentum forward.

5 Stocks With Recent Price Strength Amid Robust Reopening

Star Bulk Carriers

With the global economy on the mend, trading volumes should remain high. This scenario bodes well for the Zacks Transportation-Shipping industry, which comprises stocks like Star Bulk (SBLK), Costamare (CMRE), Genco Shipping (GNK) and Eagle Bulk ((EGLE).

4 Shipping Stocks to Buy on Economic Recovery-Led Demand Uptick

BCB Bancorp

First Bancorp

JMP Group

Whitestone REIT

CMRE, FBP, WSR, JMP, and BCBP qualified the screen for breakout stocks for today.

5 Must-Have Breakout Stocks for Impressive Returns

Costamare opportunistically diversified into the dry bulk sector, it raised bond proceeds at a record low coupon below 3%, liquidity is ample with the undrawn hunting license bank facilities.

Costamare: Firing On All Cylinders

Costamare (CMRE) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.

Here's What Could Help Costamare (CMRE) Maintain Its Recent Price Strength

Navios Maritime Partners

Container and bulk carrier shipping markets continue to improve. Despite YTD appreciation, significant upside for stocks with exposure to seaborne trade is still in the offing, especially for names leveraged to the bulk carrier market.

A Rising Tide Lifts All Boats: 5 Marine Stocks To Consider

Seanergy Maritime Hlds

These four shipping stocks stand to gain as global economic growth gains traction and translates into healthy shipping rates. The post 4 Shipping Stocks To Buy As the Global Economy Gains Steam appeared first on InvestorPlace.

4 Shipping Stocks To Buy As the Global Economy Gains Steam

Costamare Inc. (CMRE) Q2 2021 Results - Earnings Call Transcript

MONACO, July 28, 2021 (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 in Monaco on Thursday, September 30, 2021.

Costamare Inc. Announces 2021 Annual Meeting of Stockholders

Costamare (CMRE) delivered earnings and revenue surprises of 0.00% and 0.45%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Costamare (CMRE) Meets Q2 Earnings Estimates

Shares of Costamare (NYSE:CMRE) were unchanged after the company reported Q2 results. Quarterly Results Earnings per share increased 80.77% year over year to $0.47, which missed the estimate of $0.54.

Costamare: Q2 Earnings Insights

MONACO, July 28, 2021 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2021”) and six-months ended June 30, 2021.

Costamare Inc. Reports Results for the Second Quarter and the Six-Month Period Ended June 30, 2021

Optimism surrounding the containership market is likely to aid Costamare'S (CMRE) Q2 results.

News for Costamare Stock (CMRE)