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.

MONACO, Sept.  16, 2020  (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced today that its 2020 annual meeting of the stockholders (the “Annual Meeting”) will be held virtually, moving away from an in-person meeting due to the COVID-19 pandemic.

Costamare Inc. to Hold Virtual Annual Meeting of Stockholders for 2020

Is Costamare (CMRE) a great pick from the value investor's perspective right now? Read on to know more.

Is Costamare (CMRE) a Great Stock for Value Investors?

Costamare Inc. (CMRE) Management on Q2 2020 Results - Earnings Call Transcript

MONACO, July  28, 2020  (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships for charter, announced today that its Board of Directors has called an annual meeting of the stockholders to be held in Monaco on Friday, October 2, 2020.

Costamare Inc. Announces 2020 Annual Meeting of Stockholders

Costamare (CMRE) delivered earnings and revenue surprises of 8.33% and -7.09%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?

Costamare (CMRE) Surpasses Q2 Earnings Estimates

Shares of Costamare (NYSE:CMRE) were unchanged in after-market trading after the company reported Q2 results.

Recap: Costamare Q2 Earnings

MONACO, July  27, 2020  (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the second quarter (“Q2 2020”) and six-months ended June 30, 2020.

Costamare Inc. Reports Results for the Second Quarter and the Six-Month Period Ended June 30, 2020

Weakness in voyage revenues is likely to have hurt Costamare's (CMRE) Q2  performance.

Costamare (CMRE) to Report Q2 Earnings: What's in Store?

Earnings Release: Monday, July 27, 2020, After Market Close     Conference Call and Webcast: Tuesday, July 28, 2020, at 8:30 a.m. ET

Costamare Inc. Sets the Date for Its Second Quarter 2020 Results Release, Conference Call and Webcast

Diana Shipping

Frontline

StealthGas

Martin Midstream Partners

Shipping Industry Outlook Dismal Amid Coronavirus Concerns

Stifel upgrades the stock ahead of the recovery.

Why Costamare Stock Popped 13.5% This Morning

JetBlue Airways

Union Pacific

Transportation stocks have face near-term headwind due to the coronavirus. However, fundamentally strong stocks have a bright outlook.

4 Transportation Stocks That’ll Keep Moving

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) to Report Q2 Results: Wall Street Expects Earnings Growth

Costamare has successfully pushed back most debt obligations into 2024.

Why Costamare Stock Just Popped 13.5%

Aurora Cannabis

Flex Lng Ltd

QEP Resources

Small-cap stocks with high growth potential. Strong fundamentals, clear revenue visibility and dividend upside potential.

4 Small-Cap Stocks With Outsized Potential

Costamare Common Stock Is Attractive On A Liquidation Value Basis

Costamare Inc. (CMRE) Q1 2020 Results - Earnings Call Transcript

Costamare (CMRE) delivered earnings and revenue surprises of 3.85% and -3.86%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?

Costamare (CMRE) Beats Q1 Earnings Estimates

Shares of Costamare (NYSE:CMRE) were unchanged in pre-market trading after the company reported Q1 results.

Recap: Costamare Q1 Earnings

Costamare (CMRE) closed at $4.06 in the latest trading session, marking a +1% move from the prior day.

Costamare (CMRE) Gains But Lags Market: What You Should Know

Promising Prospects Ahead for Shipping Stocks Despite Coronavirus

AGNC Investment

Berry Petroleum Corp.

Enviva Partners

Lazard

Wall Street's downward movement, which commenced in the last week of February, is persisting in the first week of March as well.

Buy 5 Top High-Yielding Stocks Amid Virus-Induced Turmoil

Costamare has been on a bit of a cold streak lately, but there might be light at the end of the tunnel for this overlooked stock.

Costamare Enters Oversold Territory

Costamare (CMRE) closed at $6.34 in the latest trading session, marking a -0.63% move from the prior day.

News for Costamare Stock (CMRE)