In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of Costamare Inc (NYSE: CMRE) closed at $8.90 in the last session, up 2.77% from day before closing price of $8.66. In other words, the price has increased by $2.77 from its previous closing price. On the day, 0.59 million shares were traded.
Ratios:
We take a closer look at CMRE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.47 and its Current Ratio is at 1.55. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.67.
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.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 04 ’25 when DILOFO HOLDINGS LIMITED bought 59,840 shares for $9.80 per share.
Valuation Measures:
As of this moment, Costamare’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.65, and their Forward P/E ratio for the next fiscal year is 3.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.53 while its Price-to-Book (P/B) ratio in mrq is 0.41.
Stock Price History:
Over the past 52 weeks, CMRE has reached a high of $13.04, while it has fallen to a 52-week low of $6.02. The 50-Day Moving Average of the stock is 18.35%, while the 200-Day Moving Average is calculated to be -1.29%.
Shares Statistics:
A total of 120.11M shares are outstanding, with a floating share count of 43.33M. Insiders hold about 63.88% of the company’s shares, while institutions hold 27.97% stake in the company.
Earnings Estimates
The current rating of Costamare Inc (CMRE) reflects the combined expertise of 1.0 analysts actively engaged in assessing its market performance.The consensus estimate for the next quarter is $0.77, with high estimates of $0.77 and low estimates of $0.77.
Analysts are recommending an EPS of between $2.82 and $2.82 for the fiscal current year, implying an average EPS of $2.82. EPS for the following year is $3.04, with 1.0 analysts recommending between $3.04 and $3.04.
