Costamare Inc CMRE
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
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Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock
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Costamare Inc. Announces Availability of Its Annual Report on Form 20-F for the Year Ended December 31, 2023
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Costamare Inc. Reports Results for the Fourth Quarter and Year Ended December 31, 2023
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Costamare Inc. Sets The Date For Its Fourth Quarter 2023 Results Release, Conference Call And Webcast
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These retail stocks could be exposed to Red Sea disruption, say analysts
Trading Information
- Previous Close Price
- $11.36
- Day Range
- $11.27–11.57
- 52-Week Range
- $7.71–11.85
- Bid/Ask
- $7.00 / $12.01
- Market Cap
- $1.37 Bil
- Volume/Avg
- 452,237 / 399,493
Key Statistics
- Price/Earnings (Normalized)
- 5.53
- Price/Sales
- 0.92
- Dividend Yield (Trailing)
- 3.99%
- Dividend Yield (Forward)
- 3.99%
- Total Yield
- 7.30%
Company Profile
Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and among others. Costamare provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.
- Sector
- Industrials
- Industry
- Marine Shipping
- Stock Style Box
- Small Value
- Total Number of Employees
- 2,750
- Website
- https://www.costamare.com
Comparables
Valuation
|
Metric
|
CMRE
|
OET
|
NMM
|
|---|---|---|---|
Price/Earnings (Normalized) | 5.53 | 5.96 | 3.36 |
Price/Book Value | 0.57 | 2.34 | 0.48 |
Price/Sales | 0.92 | 2.36 | 1.02 |
Price/Cash Flow | 2.94 | 4.78 | 2.23 |
Price/Earnings
CMRE
OET
NMM
Financial Strength
|
Metric
|
CMRE
|
OET
|
NMM
|
|---|---|---|---|
Quick Ratio | 1.35 | 1.02 | 0.74 |
Current Ratio | 1.69 | 1.30 | 0.87 |
Interest Coverage | 3.29 | 4.01 | 4.16 |
Quick Ratio
CMRE
OET
NMM
Profitability
|
Metric
|
CMRE
|
OET
|
NMM
|
|---|---|---|---|
Return on Assets (Normalized) | 4.81% | 14.76% | 8.10% |
Return on Equity (Normalized) | 10.89% | 41.56% | 15.83% |
Return on Invested Capital (Normalized) | 6.42% | 17.89% | 12.81% |
Return on Assets
CMRE
OET
NMM
Marine Shipping Industry Comparables
|
Ticker
|
Name
|
Morningstar Rating for Stocks
|
Capital Allocation
|
Economic Moat
|
Market Cap
|
|---|---|---|---|---|---|
HLAGF
| Hapag-Lloyd AG | — | Jxytst | $32.8 Bil | |
HPGLY
| Hapag-Lloyd AG ADR | — | Krqzf | $32.0 Bil | |
CICOF
| COSCO SHIPPING Holdings Co Ltd Class H | — | Zyhth | $23.9 Bil | |
CICOY
| COSCO SHIPPING Holdings Co Ltd ADR | — | Cxptyxv | $23.5 Bil | |
AMKBF
| A. P. Moller Maersk A/S Class B | — | Skprgy | $21.7 Bil | |
AMKAF
| A. P. Moller Maersk A/S Class A | — | Ldtrg | $21.7 Bil | |
AMKBY
| A. P. Moller Maersk A/S ADR | — | Mckbcz | $21.7 Bil | |
NYUKF
| Nippon Yusen Kabushiki Kaisha | — | Ypzj | $12.2 Bil | |
NPNYY
| Nippon Yusen Kabushiki Kaisha ADR | — | Bgtx | $12.2 Bil | |
ICTEF
| International Container Terminal Services Inc | — | Rffrz | $11.7 Bil |