Companies /Industrials

Costamare Inc

NYSE: CMRE Marine Shipping
$14.28
▼ $0.51 (−3.45%) today
Markets closed · 10:16pm ET

CMRE at a Glance

Valuation
Market cap
$1.7B
P/E ratio
5.6
Dividend yield
3.18%
Profitability
Revenue (TTM)
$857.4M
Profit margin
39.5%
EPS (TTM)
$2.53
Price
52-week range
$11 – $18
Street target
$20.00
Earnings
Next report
Nov 3, 2026

Headquartered in 7 Rue Du Gabian, Monaco Fiscal year ends December NYSE: CMRE costamare.com

About Costamare

Costamare Inc. is one of the world's major owners and providers of containerships for charter, with 52 years of history in the international shipping industry. The company operates a fleet of 69 containerships in the water with a total capacity of approximately 520,000 TEU, and has 22 newbuild containerships under construction plus two agreed secondhand acquisitions representing approximately 152,600 TEU of additional capacity. Costamare charters its vessels to major global container liner companies including MSC, COSCO, Evergreen, Maersk, Yang Ming, ZIM, CMA CGM, ONE, and OOCL under long-term time charter agreements. The company also participates in lease financing through its controlling interest in Neptune Maritime Leasing Limited (NML), which acquires, owns, and bareboat charters out shipping assets. Costamare's common stock and three series of cumulative redeemable perpetual preferred stock trade on the New York Stock Exchange. Following the May 2025 spin-off of its dry bulk business into standalone public company Costamare Bulkers Holdings Limited (NYSE: CMDB), the company is now focused exclusively on containership chartering and maritime lease financing. Updated

CMRE Coverage

Frequently Asked Questions

What does Costamare do?

Costamare Inc. is one of the world's major owners and providers of containerships for charter, with 52 years of history in the international shipping industry.

What is the CMRE stock price target?

The Wall Street consensus 12-month price target for CMRE is $20.00.