Switch to:
Also traded in: Germany

GuruFocus Financial Strength Rank measures how strong a company’s financial situation is. It is based on these factors

1. The debt burden that the company has as measured by its Interest coverage (current year).
2. Debt to revenue ratio. The lower, the better
3. Altman Z-score.

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

Financial Strength : 4/10

vs
industry
vs
history
Cash to Debt 0.07
CMRE's Cash to Debt is ranked lower than
84% of the 815 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.31 vs. CMRE: 0.07 )
Ranked among companies with meaningful Cash to Debt only.
CMRE' s Cash to Debt Range Over the Past 10 Years
Min: 0  Med: 0.07 Max: N/A
Current: 0.07
Equity to Asset 0.39
CMRE's Equity to Asset is ranked lower than
62% of the 813 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.45 vs. CMRE: 0.39 )
Ranked among companies with meaningful Equity to Asset only.
CMRE' s Equity to Asset Range Over the Past 10 Years
Min: 0.09  Med: 0.24 Max: 0.39
Current: 0.39
0.09
0.39
Interest Coverage 4.57
CMRE's Interest Coverage is ranked lower than
65% of the 687 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 9.00 vs. CMRE: 4.57 )
Ranked among companies with meaningful Interest Coverage only.
CMRE' s Interest Coverage Range Over the Past 10 Years
Min: 2.17  Med: 3.72 Max: 7.74
Current: 4.57
2.17
7.74
F-Score: 6
Z-Score: 0.57
M-Score: -2.71
WACC vs ROIC
6.58%
8.97%
WACC
ROIC
GuruFocus Profitability Rank ranks how profitable a company is and how likely the company’s business will stay that way. It is based on these factors:

1. Operating Margin
2. Trend of the Operating Margin (5-year average). The company with an uptrend profit margin has a higher rank.
••3. Consistency of the profitability
4. Piotroski F-Score
5. Predictability Rank•

The maximum rank is 10. A rank of 7 or higher means a higher profitability and may stay that way. A rank of 3 or lower indicates that the company has had trouble to make a profit.

Profitability Rank is not directly related to the Financial Strength Rank. But if a company is consistently profitable, its financial strength will be stronger.

Profitability & Growth : 6/10

vs
industry
vs
history
Operating margin (%) 44.64
CMRE's Operating margin (%) is ranked higher than
94% of the 810 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 6.04 vs. CMRE: 44.64 )
Ranked among companies with meaningful Operating margin (%) only.
CMRE' s Operating margin (%) Range Over the Past 10 Years
Min: 40.11  Med: 44.25 Max: 47.9
Current: 44.64
40.11
47.9
Net-margin (%) 27.28
CMRE's Net-margin (%) is ranked higher than
90% of the 818 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 4.12 vs. CMRE: 27.28 )
Ranked among companies with meaningful Net-margin (%) only.
CMRE' s Net-margin (%) Range Over the Past 10 Years
Min: 21.01  Med: 23.59 Max: 29.32
Current: 27.28
21.01
29.32
ROE (%) 11.33
CMRE's ROE (%) is ranked higher than
71% of the 807 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 6.69 vs. CMRE: 11.33 )
Ranked among companies with meaningful ROE (%) only.
CMRE' s ROE (%) Range Over the Past 10 Years
Min: 11.33  Med: 19.08 Max: 161.87
Current: 11.33
11.33
161.87
ROA (%) 5.02
CMRE's ROA (%) is ranked higher than
70% of the 828 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 2.85 vs. CMRE: 5.02 )
Ranked among companies with meaningful ROA (%) only.
CMRE' s ROA (%) Range Over the Past 10 Years
Min: 3.78  Med: 4.6 Max: 6.63
Current: 5.02
3.78
6.63
ROC (Joel Greenblatt) (%) 8.02
CMRE's ROC (Joel Greenblatt) (%) is ranked lower than
54% of the 814 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 9.42 vs. CMRE: 8.02 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
CMRE' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 6.23  Med: 9.06 Max: 12.23
Current: 8.02
6.23
12.23
Revenue Growth (3Y)(%) 4.60
CMRE's Revenue Growth (3Y)(%) is ranked higher than
63% of the 703 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.50 vs. CMRE: 4.60 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
CMRE' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -12.4  Med: -8.3 Max: 4.6
Current: 4.6
-12.4
4.6
EBITDA Growth (3Y)(%) 13.00
CMRE's EBITDA Growth (3Y)(%) is ranked higher than
68% of the 605 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 5.70 vs. CMRE: 13.00 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
CMRE' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -22.5  Med: -10 Max: 13
Current: 13
-22.5
13
EPS Growth (3Y)(%) 11.90
CMRE's EPS Growth (3Y)(%) is ranked higher than
57% of the 537 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 7.20 vs. CMRE: 11.90 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
CMRE' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -21.6  Med: -6.2 Max: 11.9
Current: 11.9
-21.6
11.9
GuruFocus has detected 3 Warning Signs with Costamare Inc $CMRE.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
» CMRE's 10-Y Financials

Financials


Revenue & Net Income
Cash & Debt
Oprt. Cash Flow & Free Cash Flow
Oprt. Cash Flow & Net Income

» Details

Guru Trades

Q4 2015

CMRE Guru Trades in Q4 2015

Jim Simons 358,400 sh (-1.89%)
Murray Stahl 89,832 sh (-2.45%)
» More
Q1 2016

CMRE Guru Trades in Q1 2016

Murray Stahl 114,257 sh (+27.19%)
Jim Simons Sold Out
» More
Q2 2016

CMRE Guru Trades in Q2 2016

Murray Stahl 117,936 sh (+3.22%)
» More
Q3 2016

CMRE Guru Trades in Q3 2016

Murray Stahl 119,766 sh (+1.55%)
» More
» Details

Insider Trades

Latest Guru Trades with CMRE

(List those with share number changes of more than 20%, or impact to portfolio more than 0.1%)

No Entry found in the selected group of Gurus. You can
  • 1. Modify your Personalized List of Gurus, or
  • 2. Click on Premium Premium Tools above to check out all the Gurus, or
  • 3. Click on Premium Plus Premium Plus above for the stocks picks of all the institutional investment advisors (>4000)
» Interactive Charts

Peter Lynch Chart ( What is Peter Lynch Charts )

Preferred stocks of Costamare Inc

SymbolPriceYieldDescription
CMREPRB21.608.83Cum Red Perp Pfd Shs Series -B-
CMREPRC21.999.668 1/2 % Cum Red Perp Pfd Shs Series -C-
CMREPRD22.649.66D

Business Description

Industry: Transportation & Logistics » Integrated Shipping & Logistics  
Compare:NAS:ECHO, AMEX:RLGT, OTCPK:DVNHF, NAS:MLNK, NAS:AIRT, NAS:DCIX, NAS:SINO, OTCPK:JANL, NYSE:EURN, NAS:HUBG, NAS:FWRD, OTCPK:PNLYY, NAS:LSTR, OTCPK:BDVSY, NYSE:XPO, OTCPK:ROYMF, OTCPK:DSDVY, NAS:EXPD, NAS:CHRW, NAS:JBHT » details
Traded in other countries:LCM.Germany,
Costamare Inc owns & provides containerships for charter. The Company provides containerships, chartering its vessels to many of the liner companies. It operates through wholly-owned vessel-owning subsidiaries incorporated in the Republic of Liberia.

Costamare Inc was incorporated in the Republic of The Marshall Islands on April 21, 2008 and conducts its operations through various subsidiaries. The Company is an owner of containerships, chartering its vessels to many of the liner companies. It owns provides containerships for charter. The Company has a fleet of 67 containerships with a total capacity in excess of 445,000 TEU, including newbuilds on order. Its fleet consisted of 56 vessels in the water, aggregating approximately 313,000 TEU and 11 newbuild vessels aggregating in excess of 130,000 TEU that are scheduled to be delivered through third quarter 2016, based on the current shipyard schedule. 12 of its containerships, including nine newbuilds, have been acquired pursuant to the Framework Agreement with York Capital Management by vessel-owning joint venture entities in which it holds a minority equity interest. It operates through a number of wholly-owned vessel-owning subsidiaries incorporated in the Republic of Liberia. The Company's vessels are managed by affiliated managers which includes Costamare Shipping and Shanghai Costamare. The Company's customers are A.P. Moller-Maersk, MSC, Evergreen, Hapag-Lloyd and COSCO. It competes with various experienced companies, including state-sponsored entities, leasing companies and private equity firms. The Company is subject to international conventions and national, port state and local laws and regulations.

Ratios

vs
industry
vs
history
P/E(ttm) 4.23
CMRE's P/E(ttm) is ranked higher than
94% of the 625 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 16.48 vs. CMRE: 4.23 )
Ranked among companies with meaningful P/E(ttm) only.
CMRE' s P/E(ttm) Range Over the Past 10 Years
Min: 3.86  Med: 11.5 Max: 20.67
Current: 4.23
3.86
20.67
PE(NRI) 4.23
CMRE's PE(NRI) is ranked higher than
93% of the 626 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 16.50 vs. CMRE: 4.23 )
Ranked among companies with meaningful PE(NRI) only.
CMRE' s PE(NRI) Range Over the Past 10 Years
Min: 3.86  Med: 11.5 Max: 20.67
Current: 4.23
3.86
20.67
Price/Owner Earnings (ttm) 2.89
CMRE's Price/Owner Earnings (ttm) is ranked higher than
91% of the 337 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 16.24 vs. CMRE: 2.89 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
CMRE' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 2.64  Med: 8.82 Max: 27.57
Current: 2.89
2.64
27.57
P/B 0.47
CMRE's P/B is ranked higher than
84% of the 795 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.20 vs. CMRE: 0.47 )
Ranked among companies with meaningful P/B only.
CMRE' s P/B Range Over the Past 10 Years
Min: 0.43  Med: 2.09 Max: 2.89
Current: 0.47
0.43
2.89
P/S 0.97
CMRE's P/S is ranked higher than
50% of the 797 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.01 vs. CMRE: 0.97 )
Ranked among companies with meaningful P/S only.
CMRE' s P/S Range Over the Past 10 Years
Min: 0.88  Med: 2.44 Max: 3.92
Current: 0.97
0.88
3.92
PFCF 2.01
CMRE's PFCF is ranked higher than
93% of the 310 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 16.14 vs. CMRE: 2.01 )
Ranked among companies with meaningful PFCF only.
CMRE' s PFCF Range Over the Past 10 Years
Min: 1.83  Med: 4.26 Max: 18.66
Current: 2.01
1.83
18.66
POCF 1.98
CMRE's POCF is ranked higher than
89% of the 473 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 7.20 vs. CMRE: 1.98 )
Ranked among companies with meaningful POCF only.
CMRE' s POCF Range Over the Past 10 Years
Min: 1.8  Med: 5.33 Max: 11.48
Current: 1.98
1.8
11.48
EV-to-EBIT 10.32
CMRE's EV-to-EBIT is ranked higher than
73% of the 642 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 14.71 vs. CMRE: 10.32 )
Ranked among companies with meaningful EV-to-EBIT only.
CMRE' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.5  Med: 14.7 Max: 22.7
Current: 10.32
9.5
22.7
EV-to-EBITDA 6.57
CMRE's EV-to-EBITDA is ranked higher than
77% of the 679 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 10.23 vs. CMRE: 6.57 )
Ranked among companies with meaningful EV-to-EBITDA only.
CMRE' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.3  Med: 9.7 Max: 13.8
Current: 6.57
6.3
13.8
Current Ratio 0.55
CMRE's Current Ratio is ranked lower than
87% of the 814 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.19 vs. CMRE: 0.55 )
Ranked among companies with meaningful Current Ratio only.
CMRE' s Current Ratio Range Over the Past 10 Years
Min: 0.26  Med: 0.57 Max: 1.26
Current: 0.55
0.26
1.26
Quick Ratio 0.52
CMRE's Quick Ratio is ranked lower than
85% of the 814 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.10 vs. CMRE: 0.52 )
Ranked among companies with meaningful Quick Ratio only.
CMRE' s Quick Ratio Range Over the Past 10 Years
Min: 0.2  Med: 0.53 Max: 1.21
Current: 0.52
0.2
1.21
Days Inventory 35.22
CMRE's Days Inventory is ranked lower than
76% of the 626 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 11.74 vs. CMRE: 35.22 )
Ranked among companies with meaningful Days Inventory only.
CMRE' s Days Inventory Range Over the Past 10 Years
Min: 28.29  Med: 31.27 Max: 37.35
Current: 35.22
28.29
37.35
Days Sales Outstanding 0.93
CMRE's Days Sales Outstanding is ranked higher than
99% of the 583 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 42.97 vs. CMRE: 0.93 )
Ranked among companies with meaningful Days Sales Outstanding only.
CMRE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 0.83  Med: 5.78 Max: 17.85
Current: 0.93
0.83
17.85
Days Payable 13.34
CMRE's Days Payable is ranked lower than
85% of the 478 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 36.44 vs. CMRE: 13.34 )
Ranked among companies with meaningful Days Payable only.
CMRE' s Days Payable Range Over the Past 10 Years
Min: 9.18  Med: 15.81 Max: 27.38
Current: 13.34
9.18
27.38

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 12.70
CMRE's Dividend Yield is ranked higher than
98% of the 962 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 2.60 vs. CMRE: 12.70 )
Ranked among companies with meaningful Dividend Yield only.
CMRE' s Dividend Yield Range Over the Past 10 Years
Min: 1.41  Med: 6.56 Max: 20.71
Current: 12.7
1.41
20.71
Dividend Payout 0.80
CMRE's Dividend Payout is ranked lower than
78% of the 515 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.36 vs. CMRE: 0.80 )
Ranked among companies with meaningful Dividend Payout only.
CMRE' s Dividend Payout Range Over the Past 10 Years
Min: 0.69  Med: 0.79 Max: 0.9
Current: 0.8
0.69
0.9
Dividend Growth (3y) 2.10
CMRE's Dividend Growth (3y) is ranked lower than
61% of the 389 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 6.30 vs. CMRE: 2.10 )
Ranked among companies with meaningful Dividend Growth (3y) only.
CMRE' s Dividend Growth (3y) Range Over the Past 10 Years
Min: 0  Med: 0 Max: 2.9
Current: 2.1
0
2.9
Forward Dividend Yield 6.51
CMRE's Forward Dividend Yield is ranked higher than
85% of the 892 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 2.67 vs. CMRE: 6.51 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 12.70
CMRE's Yield on cost (5-Year) is ranked higher than
92% of the 1043 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 3.65 vs. CMRE: 12.70 )
Ranked among companies with meaningful Yield on cost (5-Year) only.
CMRE' s Yield on cost (5-Year) Range Over the Past 10 Years
Min: 1.41  Med: 6.52 Max: 20.71
Current: 12.7
1.41
20.71
3-Year Average Share Buyback Ratio -0.30
CMRE's 3-Year Average Share Buyback Ratio is ranked higher than
66% of the 397 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: -2.80 vs. CMRE: -0.30 )
Ranked among companies with meaningful 3-Year Average Share Buyback Ratio only.
CMRE' s 3-Year Average Share Buyback Ratio Range Over the Past 10 Years
Min: -16.8  Med: -7.4 Max: -0.3
Current: -0.3
-16.8
-0.3

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.47
CMRE's Price/Tangible Book is ranked higher than
85% of the 738 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.28 vs. CMRE: 0.47 )
Ranked among companies with meaningful Price/Tangible Book only.
CMRE' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.47  Med: 2.09 Max: 2.8
Current: 0.47
0.47
2.8
Price/Projected FCF 0.32
CMRE's Price/Projected FCF is ranked higher than
92% of the 373 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.24 vs. CMRE: 0.32 )
Ranked among companies with meaningful Price/Projected FCF only.
CMRE' s Price/Projected FCF Range Over the Past 10 Years
Min: 0.32  Med: 0.7 Max: 26.68
Current: 0.32
0.32
26.68
Price/Median PS Value 0.40
CMRE's Price/Median PS Value is ranked higher than
94% of the 695 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.07 vs. CMRE: 0.40 )
Ranked among companies with meaningful Price/Median PS Value only.
CMRE' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.4  Med: 1.02 Max: 1.54
Current: 0.4
0.4
1.54
Price/Graham Number 0.30
CMRE's Price/Graham Number is ranked higher than
94% of the 527 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.04 vs. CMRE: 0.30 )
Ranked among companies with meaningful Price/Graham Number only.
CMRE' s Price/Graham Number Range Over the Past 10 Years
Min: 0.3  Med: 1.03 Max: 1.41
Current: 0.3
0.3
1.41
Earnings Yield (Greenblatt) (%) 9.70
CMRE's Earnings Yield (Greenblatt) (%) is ranked higher than
78% of the 815 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 5.50 vs. CMRE: 9.70 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
CMRE' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 4.4  Med: 6.8 Max: 10.5
Current: 9.7
4.4
10.5
Forward Rate of Return (Yacktman) (%) 23.15
CMRE's Forward Rate of Return (Yacktman) (%) is ranked higher than
88% of the 469 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 4.28 vs. CMRE: 23.15 )
Ranked among companies with meaningful Forward Rate of Return (Yacktman) (%) only.
CMRE' s Forward Rate of Return (Yacktman) (%) Range Over the Past 10 Years
Min: -19.1  Med: -1.7 Max: 25.3
Current: 23.15
-19.1
25.3

More Statistics

Revenue (TTM) (Mil) $480.3
EPS (TTM) $ 1.45
Beta2.35
Short Percentage of Float5.33%
52-Week Range $5.46 - 11.00
Shares Outstanding (Mil)77.46

Analyst Estimate

Dec16
Revenue (Mil $)
EPS ($) 1.61
EPS w/o NRI ($) 1.61
EPS Growth Rate
(3Y to 5Y Estimate)
N/A
Dividends Per Share ($)
» More Articles for CMRE

Headlines

Articles On GuruFocus.com
Costamare Is a Value Investment Jan 02 2017 
Costamare Is a Value Investment Oct 19 2016 
10 Stocks Murray Stahl Is Buying Sep 23 2016 
Costamare: 11.6% Dividend Yield Stock Trading at Attractive Valuations Apr 14 2016 
Shipping Firm Costamare Generating Healthy Profits, Dividend Jan 28 2016 
Ex-Dividend Date Reminder for January 23, 2012 Jan 20 2012 
7 Stocks Increasing the Compounding Power of Dividends Oct 17 2011 
Guru Stocks Raising Dividends: BSET, ALB, CMRE, PAYX, PAA Oct 17 2011 
Dividend Roundup: ALTR, NUS, XTEX, XTXI, CMRE, LNN Jul 19 2011 

More From Other Websites
Costamare Inc. Sets the Date for Its Fourth Quarter 2016 Results Release, Conference Call and... Jan 20 2017
Costamare Inc. – Value Analysis (NYSE:CMRE) : January 18, 2017 Jan 18 2017
ETFs with exposure to Costamare Inc. : January 17, 2017 Jan 17 2017
Costamare Inc. breached its 50 day moving average in a Bullish Manner : CMRE-US : January 16, 2017 Jan 16 2017
Costamare (CMRE) in Focus: Stock Jumps 7.9% in Session Jan 04 2017
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock Jan 03 2017
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock Jan 03 2017
Costamare Is a Value Investment Jan 03 2017
New Strong Sell Stocks for December 27th Dec 27 2016
Is Costamare Inc (CMRE) A Good Stock To Buy? Dec 19 2016
ETFs with exposure to Costamare Inc. : December 12, 2016 Dec 12 2016
Arrowhead, Coca-Cola Lead Wednesday’s 52-Week Low Club Nov 30 2016
Costamare Prices Secondary Offering Nov 30 2016
Costamare Inc. Announces Pricing of its Public Offering of Common Stock Nov 29 2016
Costamare Inc. Announces Public Offering of Common Stock Nov 29 2016
ETF’s with exposure to Costamare Inc. : October 27, 2016 Oct 27 2016
New Strong Sell Stocks for October 27th Oct 27 2016

Personalized Checklist

Checklist has been moved to "Checklist" tab.

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)