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Costamare Inc (NYSE: CMRE) closed the day trading at $12.07 up 0.25% from the previous closing price of $12.04. In other words, the price has increased by $0.25 from its previous closing price. On the day, 0.67 million shares were traded. CMRE stock price reached its highest trading level at $12.09 during the session, while it also had its lowest trading level at $11.835.
Ratios:
For a better understanding of CMRE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.65. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.79.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Jefferies on April 24, 2023, Downgraded its rating to Hold and sets its target price to $10 from $15 previously.
On January 13, 2023, Stifel Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $12.50 to $11.
On July 21, 2022, Jefferies started tracking the stock assigning a Buy rating and target price of $19.Jefferies initiated its Buy rating on July 21, 2022, with a $19 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMRE now has a Market Capitalization of 1445973888 and an Enterprise Value of 3134009600. As of this moment, Costamare’s Price-to-Earnings (P/E) ratio for their current fiscal year is 4.01, and their Forward P/E ratio for the next fiscal year is 4.27. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.72 while its Price-to-Book (P/B) ratio in mrq is 0.58. Its current Enterprise Value per Revenue stands at 1.544 whereas that against EBITDA is 5.228.
Stock Price History:
Over the past 52 weeks, CMRE has reached a high of $17.58, while it has fallen to a 52-week low of $10.14. The 50-Day Moving Average of the stock is -8.60%, while the 200-Day Moving Average is calculated to be -13.21%.
Shares Statistics:
Over the past 3-months, CMRE traded about 286.94K shares per day on average, while over the past 10 days, CMRE traded about 348500 shares per day. A total of 119.80M shares are outstanding, with a floating share count of 43.21M. Insiders hold about 63.93% of the company’s shares, while institutions hold 28.43% stake in the company. Shares short for CMRE as of 1735603200 were 1704536 with a Short Ratio of 5.94, compared to 1732838400 on 2209415. Therefore, it implies a Short% of Shares Outstanding of 1704536 and a Short% of Float of 3.92.
Dividends & Splits
CMRE’s forward annual dividend rate is 0.46, up from 0.46 a year ago. Against a Trailing Annual Dividend Yield of 0.03820598The stock’s 5-year Average Dividend Yield is 4.58.
