In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
After finishing at $8.57 in the prior trading day, Costamare Inc (NYSE: CMRE) closed at $8.47, down -1.17%. In other words, the price has decreased by -$1.17 from its previous closing price. On the day, 0.68 million shares were traded. CMRE stock price reached its highest trading level at $8.685 during the session, while it also had its lowest trading level at $8.285.
Ratios:
Our goal is to gain a better understanding of CMRE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 1.40. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.72.
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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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:
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 1016069696 and an Enterprise Value of 2670407936. As of this moment, Costamare’s Price-to-Earnings (P/E) ratio for their current fiscal year is 3.47, and their Forward P/E ratio for the next fiscal year is 3.49. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.49 while its Price-to-Book (P/B) ratio in mrq is 0.40. Its current Enterprise Value per Revenue stands at 1.281 whereas that against EBITDA is 4.256.
Stock Price History:
The Beta on a monthly basis for CMRE is 1.15, which has changed by -0.2544014 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, CMRE has reached a high of $17.58, while it has fallen to a 52-week low of $8.11. The 50-Day Moving Average of the stock is -14.59%, while the 200-Day Moving Average is calculated to be -33.59%.
Shares Statistics:
The stock has traded on average 514.46K shares per day over the past 3-months and 601150 shares per day over the last 10 days, according to various share statistics. A total of 119.95M shares are outstanding, with a floating share count of 43.37M. Insiders hold about 63.85% of the company’s shares, while institutions hold 28.15% stake in the company. Shares short for CMRE as of 1743379200 were 1031348 with a Short Ratio of 2.00, compared to 1740700800 on 986803. Therefore, it implies a Short% of Shares Outstanding of 1031348 and a Short% of Float of 2.3699999.
Dividends & Splits
In the trailing 12 months, CMRE’s forward annual dividend rate was 0.46, compared to 0.46 this year. Against a Trailing Annual Dividend Yield of 0.053675614The stock’s 5-year Average Dividend Yield is 4.46.
