Costamare Inc (CMRE) concluded trading on Thursday at a closing price of $8.93, with 0.46 million shares of worth about $4.07 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -34.58% during that period and on April 17, 2025 the price saw a gain of about 0.56%. Currently the company’s common shares owned by public are about 119.95M shares, out of which, 43.37M shares are available for trading.
Stock saw a price change of 3.12% in past 5 days and over the past one month there was a price change of -15.91%. Year-to-date (YTD), CMRE shares are showing a performance of -30.51% which decreased to -18.74% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $8.11 but also hit the highest price of $17.58 during that period. The average intraday trading volume for Costamare Inc shares is 507.88K. The stock is currently trading -5.59% below its 20-day simple moving average (SMA20), while that difference is down -10.71% for SMA50 and it goes to -30.44% lower than SMA200.
Costamare Inc (NYSE: CMRE) currently have 119.95M outstanding shares and institutions hold larger chunk of about 28.15% of that.
The stock has a current market capitalization of $1.07B and its 3Y-monthly beta is at 1.14. PE ratio of stock for trailing 12 months is 3.66, while it has posted earnings per share of $2.44 in the same period. It has Quick Ratio of 1.32 while making debt-to-equity ratio of 0.94. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CMRE, volatility over the week remained 2.57% while standing at 4.00% over the month.
Stock’s fiscal year EPS is expected to drop by -8.88% while it is estimated to decrease by -3.58% in next year. EPS is likely to shrink at an annualized rate of -5.81% for next 5-years, compared to annual growth of 33.01% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on April 24, 2023 offering a Hold rating for the stock and assigned a target price range of between $15 and $10 to it. Coverage by Stifel stated Costamare Inc (CMRE) stock as a Hold in their note to investors on January 13, 2023, suggesting a price target of $11 for the stock. On July 21, 2022, Jefferies Initiated their recommendations, while on September 28, 2020, Citigroup Upgrade their ratings for the stock with a price target of $6.50. Stock get a Buy rating from Stifel on July 22, 2020.
