Costamare (CMRE)

• Market cap: $1.23B
• 1 day: 0.88%
• 5 days: -0.39%
• 1 month: -3.38%
• 3 months: -18.91%
• 6 months: -25.00%
• Year to date: -23.78%
• 1 year: -7.96%
• 5 years: 162.50%
• 10 years: -43.77%
• Sector: Industrials
• Industry: Deep Sea Foreign Transportation of Freight

About: 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.

Employees: 2,720

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

259% more call options, than puts

Call options by funds: $10.5M | Put options by funds: $2.92M

50% more first-time investments, than exits

New positions opened: 27 | Existing positions closed: 18

3% more funds holding

Funds holding: 165 [Q3] → 170 (+5) [Q4]

0.33% less ownership

Funds ownership: 28.38% [Q3] → 28.05% (-0.33%) [Q4]

10% less repeat investments, than reductions

Existing positions increased: 56 | Existing positions reduced: 62

19% less capital invested

Capital invested by funds: $531M [Q3] → $429M (-$102M) [Q4]

Research analyst outlook

1 Wall Street Analyst provided 1 year price targets over the past 3 months

• Low target: $13 26% upside
• Avg. target: $13 26% upside
• High target: $13 26% upside

1 analyst rating

• positive: 0 0%
• neutral: 1 100%
• negative: 0 0%

Jefferies Omar Nokta 12% 1-year accuracy 7 / 57 met price target

26% upside $13

Hold Maintained

5 Feb 2025