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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
85% of the 817 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.37 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 0.38
CMRE's Equity to Asset is ranked lower than
64% of the 796 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.45 vs. CMRE: 0.38 )
Ranked among companies with meaningful Equity to Asset only.
CMRE' s Equity to Asset Range Over the Past 10 Years
Min: 0.09  Med: 0.23 Max: 0.38
Current: 0.38
0.09
0.38
Interest Coverage 4.87
CMRE's Interest Coverage is ranked lower than
65% of the 692 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 8.95 vs. CMRE: 4.87 )
Ranked among companies with meaningful Interest Coverage only.
CMRE' s Interest Coverage Range Over the Past 10 Years
Min: 2.07  Med: 2.26 Max: 4.87
Current: 4.87
2.07
4.87
F-Score: 7
Z-Score: 0.65
M-Score: -1.89
WACC vs ROIC
6.87%
9.26%
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 (%) 45.79
CMRE's Operating margin (%) is ranked higher than
94% of the 811 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 6.11 vs. CMRE: 45.79 )
Ranked among companies with meaningful Operating margin (%) only.
CMRE' s Operating margin (%) Range Over the Past 10 Years
Min: 40.11  Med: 44.14 Max: 47.9
Current: 45.79
40.11
47.9
Net-margin (%) 29.87
CMRE's Net-margin (%) is ranked higher than
91% of the 819 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 4.13 vs. CMRE: 29.87 )
Ranked among companies with meaningful Net-margin (%) only.
CMRE' s Net-margin (%) Range Over the Past 10 Years
Min: 21.01  Med: 23.4 Max: 29.87
Current: 29.87
21.01
29.87
ROE (%) 13.00
CMRE's ROE (%) is ranked higher than
75% of the 809 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 6.78 vs. CMRE: 13.00 )
Ranked among companies with meaningful ROE (%) only.
CMRE' s ROE (%) Range Over the Past 10 Years
Min: 13  Med: 22.2 Max: 161.87
Current: 13
13
161.87
ROA (%) 5.49
CMRE's ROA (%) is ranked higher than
71% of the 830 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 2.94 vs. CMRE: 5.49 )
Ranked among companies with meaningful ROA (%) only.
CMRE' s ROA (%) Range Over the Past 10 Years
Min: 3.78  Med: 4.59 Max: 6.63
Current: 5.49
3.78
6.63
ROC (Joel Greenblatt) (%) 8.49
CMRE's ROC (Joel Greenblatt) (%) is ranked lower than
53% of the 810 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 9.61 vs. CMRE: 8.49 )
Ranked among companies with meaningful ROC (Joel Greenblatt) (%) only.
CMRE' s ROC (Joel Greenblatt) (%) Range Over the Past 10 Years
Min: 7.04  Med: 10.07 Max: 12.23
Current: 8.49
7.04
12.23
Revenue Growth (3Y)(%) 0.70
CMRE's Revenue Growth (3Y)(%) is ranked lower than
53% of the 704 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.20 vs. CMRE: 0.70 )
Ranked among companies with meaningful Revenue Growth (3Y)(%) only.
CMRE' s Revenue Growth (3Y)(%) Range Over the Past 10 Years
Min: -12.4  Med: -9.8 Max: 0.7
Current: 0.7
-12.4
0.7
EBITDA Growth (3Y)(%) -5.00
CMRE's EBITDA Growth (3Y)(%) is ranked lower than
77% of the 600 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 6.00 vs. CMRE: -5.00 )
Ranked among companies with meaningful EBITDA Growth (3Y)(%) only.
CMRE' s EBITDA Growth (3Y)(%) Range Over the Past 10 Years
Min: -14.4  Med: -9.2 Max: -5
Current: -5
-14.4
-5
EPS Growth (3Y)(%) -1.60
CMRE's EPS Growth (3Y)(%) is ranked lower than
64% of the 535 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 7.70 vs. CMRE: -1.60 )
Ranked among companies with meaningful EPS Growth (3Y)(%) only.
CMRE' s EPS Growth (3Y)(%) Range Over the Past 10 Years
Min: -21.6  Med: -9.05 Max: -1.6
Current: -1.6
-21.6
-1.6
» CMRE's 10-Y Financials

Financials (Next Earnings Date: Est. 2016-10-22)


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

» Details

Guru Trades

Q3 2015

CMRE Guru Trades in Q3 2015

Jim Simons 365,300 sh (+61.44%)
Murray Stahl 92,084 sh (+5.19%)
Louis Moore Bacon Sold Out
» More
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
» Details

Insider Trades

Latest Guru Trades with CMRE

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Preferred stocks of Costamare Inc

SymbolPriceYieldDescription
CMREPRB22.398.51
CMREPRC21.579.858 1/2 % Cum Red Perp Pfd Shs Series -C-
CMREPRD21.999.95D

Business Description

Industry: Transportation & Logistics » Integrated Shipping & Logistics
Compare:NAS:ECHO, OTCPK:KPTTF, AMEX:RLGT, NAS:MLNK, AMEX:CNR, NAS:AIRT, OTCPK:MFGHF, NAS:DCIX, NAS:SINO, OTCPK:JANL, NAS:FWRD, NYSE:EURN, NAS:HUBG, OTCPK:PNLYY, NAS:LSTR, OTCPK:PLWTY, OTCPK:BDVSY, NYSE:XPO, OTCPK:ROYMY, OTCPK:DSDVY » 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) 5.63
CMRE's P/E(ttm) is ranked higher than
89% of the 631 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 15.38 vs. CMRE: 5.63 )
Ranked among companies with meaningful P/E(ttm) only.
CMRE' s P/E(ttm) Range Over the Past 10 Years
Min: 3.95  Med: 11.7 Max: 20.67
Current: 5.63
3.95
20.67
PE(NRI) 5.63
CMRE's PE(NRI) is ranked higher than
90% of the 632 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 15.51 vs. CMRE: 5.63 )
Ranked among companies with meaningful PE(NRI) only.
CMRE' s PE(NRI) Range Over the Past 10 Years
Min: 3.95  Med: 11.7 Max: 20.67
Current: 5.63
3.95
20.67
Price/Owner Earnings (ttm) 16.96
CMRE's Price/Owner Earnings (ttm) is ranked lower than
52% of the 341 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 15.70 vs. CMRE: 16.96 )
Ranked among companies with meaningful Price/Owner Earnings (ttm) only.
CMRE' s Price/Owner Earnings (ttm) Range Over the Past 10 Years
Min: 12.95  Med: 32.88 Max: 1866.25
Current: 16.96
12.95
1866.25
P/B 0.72
CMRE's P/B is ranked higher than
70% of the 775 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.12 vs. CMRE: 0.72 )
Ranked among companies with meaningful P/B only.
CMRE' s P/B Range Over the Past 10 Years
Min: 0.52  Med: 2.1 Max: 2.89
Current: 0.72
0.52
2.89
P/S 1.42
CMRE's P/S is ranked lower than
61% of the 792 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.95 vs. CMRE: 1.42 )
Ranked among companies with meaningful P/S only.
CMRE' s P/S Range Over the Past 10 Years
Min: 1.01  Med: 2.49 Max: 3.92
Current: 1.42
1.01
3.92
PFCF 2.92
CMRE's PFCF is ranked higher than
90% of the 311 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 13.89 vs. CMRE: 2.92 )
Ranked among companies with meaningful PFCF only.
CMRE' s PFCF Range Over the Past 10 Years
Min: 2.4  Med: 4.7 Max: 20.05
Current: 2.92
2.4
20.05
POCF 2.87
CMRE's POCF is ranked higher than
82% of the 476 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 6.92 vs. CMRE: 2.87 )
Ranked among companies with meaningful POCF only.
CMRE' s POCF Range Over the Past 10 Years
Min: 2.36  Med: 5.06 Max: 11.48
Current: 2.87
2.36
11.48
EV-to-EBIT 10.97
CMRE's EV-to-EBIT is ranked higher than
67% of the 636 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 13.49 vs. CMRE: 10.97 )
Ranked among companies with meaningful EV-to-EBIT only.
CMRE' s EV-to-EBIT Range Over the Past 10 Years
Min: 9.9  Med: 15 Max: 22.7
Current: 10.97
9.9
22.7
EV-to-EBITDA 7.10
CMRE's EV-to-EBITDA is ranked higher than
69% of the 679 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 9.64 vs. CMRE: 7.10 )
Ranked among companies with meaningful EV-to-EBITDA only.
CMRE' s EV-to-EBITDA Range Over the Past 10 Years
Min: 6.5  Med: 9.9 Max: 13.8
Current: 7.1
6.5
13.8
Current Ratio 0.50
CMRE's Current Ratio is ranked lower than
89% of the 786 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.18 vs. CMRE: 0.50 )
Ranked among companies with meaningful Current Ratio only.
CMRE' s Current Ratio Range Over the Past 10 Years
Min: 0.26  Med: 0.58 Max: 1.26
Current: 0.5
0.26
1.26
Quick Ratio 0.46
CMRE's Quick Ratio is ranked lower than
87% of the 786 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.08 vs. CMRE: 0.46 )
Ranked among companies with meaningful Quick Ratio only.
CMRE' s Quick Ratio Range Over the Past 10 Years
Min: 0.2  Med: 0.54 Max: 1.21
Current: 0.46
0.2
1.21
Days Inventory 36.66
CMRE's Days Inventory is ranked lower than
77% of the 636 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 11.68 vs. CMRE: 36.66 )
Ranked among companies with meaningful Days Inventory only.
CMRE' s Days Inventory Range Over the Past 10 Years
Min: 28.29  Med: 30.37 Max: 37.35
Current: 36.66
28.29
37.35
Days Sales Outstanding 1.65
CMRE's Days Sales Outstanding is ranked higher than
98% of the 574 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 40.88 vs. CMRE: 1.65 )
Ranked among companies with meaningful Days Sales Outstanding only.
CMRE' s Days Sales Outstanding Range Over the Past 10 Years
Min: 1.65  Med: 5.96 Max: 17.85
Current: 1.65
1.65
17.85
Days Payable 16.58
CMRE's Days Payable is ranked lower than
79% of the 472 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 36.91 vs. CMRE: 16.58 )
Ranked among companies with meaningful Days Payable only.
CMRE' s Days Payable Range Over the Past 10 Years
Min: 9.18  Med: 17.31 Max: 27.38
Current: 16.58
9.18
27.38

Dividend & Buy Back

vs
industry
vs
history
Dividend Yield 12.50
CMRE's Dividend Yield is ranked higher than
96% of the 916 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 2.75 vs. CMRE: 12.50 )
Ranked among companies with meaningful Dividend Yield only.
CMRE' s Dividend Yield Range Over the Past 10 Years
Min: 1.41  Med: 6.42 Max: 17.42
Current: 12.5
1.41
17.42
Dividend Payout 0.70
CMRE's Dividend Payout is ranked lower than
75% of the 529 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 0.37 vs. CMRE: 0.70 )
Ranked among companies with meaningful Dividend Payout only.
CMRE' s Dividend Payout Range Over the Past 10 Years
Min: 0.55  Med: 0.76 Max: 1.5
Current: 0.7
0.55
1.5
Dividend Growth (3y) 2.90
CMRE's Dividend Growth (3y) is ranked lower than
58% of the 392 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 5.80 vs. CMRE: 2.90 )
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: 2.9
0
2.9
Forward Dividend Yield 12.50
CMRE's Forward Dividend Yield is ranked higher than
96% of the 849 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 3.00 vs. CMRE: 12.50 )
Ranked among companies with meaningful Forward Dividend Yield only.
N/A
Yield on cost (5-Year) 12.50
CMRE's Yield on cost (5-Year) is ranked higher than
90% of the 976 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 3.27 vs. CMRE: 12.50 )
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: 6.42 Max: 17.42
Current: 12.5
1.41
17.42
3-Year Average Share Buyback Ratio -7.40
CMRE's 3-Year Average Share Buyback Ratio is ranked lower than
67% of the 397 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: -2.60 vs. CMRE: -7.40 )
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: -8.05 Max: -7.4
Current: -7.4
-16.8
-7.4

Valuation & Return

vs
industry
vs
history
Price/Tangible Book 0.72
CMRE's Price/Tangible Book is ranked higher than
71% of the 719 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.21 vs. CMRE: 0.72 )
Ranked among companies with meaningful Price/Tangible Book only.
CMRE' s Price/Tangible Book Range Over the Past 10 Years
Min: 0.59  Med: 2.09 Max: 2.8
Current: 0.72
0.59
2.8
Price/Projected FCF 1.56
CMRE's Price/Projected FCF is ranked lower than
56% of the 362 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.27 vs. CMRE: 1.56 )
Ranked among companies with meaningful Price/Projected FCF only.
CMRE' s Price/Projected FCF Range Over the Past 10 Years
Min: 1.29  Med: 4.67 Max: 251.57
Current: 1.56
1.29
251.57
Price/Median PS Value 0.58
CMRE's Price/Median PS Value is ranked higher than
87% of the 721 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.02 vs. CMRE: 0.58 )
Ranked among companies with meaningful Price/Median PS Value only.
CMRE' s Price/Median PS Value Range Over the Past 10 Years
Min: 0.48  Med: 1.01 Max: 1.52
Current: 0.58
0.48
1.52
Price/Graham Number 0.42
CMRE's Price/Graham Number is ranked higher than
87% of the 503 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 1.00 vs. CMRE: 0.42 )
Ranked among companies with meaningful Price/Graham Number only.
CMRE' s Price/Graham Number Range Over the Past 10 Years
Min: 0.35  Med: 1.04 Max: 1.41
Current: 0.42
0.35
1.41
Earnings Yield (Greenblatt) (%) 9.14
CMRE's Earnings Yield (Greenblatt) (%) is ranked higher than
74% of the 811 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 5.70 vs. CMRE: 9.14 )
Ranked among companies with meaningful Earnings Yield (Greenblatt) (%) only.
CMRE' s Earnings Yield (Greenblatt) (%) Range Over the Past 10 Years
Min: 4.4  Med: 6.7 Max: 10.1
Current: 9.14
4.4
10.1
Forward Rate of Return (Yacktman) (%) -3.75
CMRE's Forward Rate of Return (Yacktman) (%) is ranked lower than
66% of the 458 Companies
in the Global Integrated Shipping & Logistics industry.

( Industry Median: 3.05 vs. CMRE: -3.75 )
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: -12.9 Max: -3.4
Current: -3.75
-19.1
-3.4

More Statistics

Revenue (TTM) (Mil) $486.1
EPS (TTM) $ 1.65
Beta2.29
Short Percentage of Float6.55%
52-Week Range $6.01 - 15.10
Shares Outstanding (Mil)75.70

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

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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 
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Dividend Roundup: ALTR, NUS, XTEX, XTXI, CMRE, LNN Jul 19 2011 

More From Other Websites
Costamare Inc. breached its 50 day moving average in a Bullish Manner : CMRE-US : September 20, 2016 Sep 20 2016
Baltic Dry Index Rates Aren't All Wet Sep 19 2016
Look to Costamare for Value in Shipping Sep 16 2016
Costamare Inc. – Value Analysis (NYSE:CMRE) : September 9, 2016 Sep 09 2016
Costamare Inc. breached its 50 day moving average in a Bullish Manner : CMRE-US : September 8, 2016 Sep 08 2016
Costamare Inc. breached its 50 day moving average in a Bearish Manner : CMRE-US : August 25, 2016 Aug 25 2016
ETF’s with exposure to Costamare Inc. : August 16, 2016 Aug 16 2016
Costamare Inc. breached its 50 day moving average in a Bullish Manner : CMRE-US : August 15, 2016 Aug 15 2016
Costamare Inc. breached its 50 day moving average in a Bearish Manner : CMRE-US : August 3, 2016 Aug 03 2016
Costamare Inc. Announces 2016 Annual Meeting of Stockholders Aug 01 2016
Costamare Inc. Announces 2016 Annual Meeting of Stockholders Aug 01 2016
Costamare upgraded by JP Morgan Aug 01 2016
ETF’s with exposure to Costamare Inc. : July 29, 2016 Jul 29 2016
Edited Transcript of CMRE earnings conference call or presentation 28-Jul-16 12:30pm GMT Jul 29 2016
Costamare beats 2Q profit forecasts Jul 27 2016
Costamare beats 2Q profit forecasts Jul 27 2016
Costamare Inc. Reports Results Second Quarter and Six-Months Ended June 30, 2016 Jul 27 2016
Costamare Inc. Reports Results for the Second Quarter and Six-Months Ended June 30, 2016 Jul 27 2016

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