Costamare

Costamare, Inc. is a holding company, which engages in the provision of containerships chartering. It operates through the following segments: Container Vessels, Dry Bulk Vessels, and Other. The Container Vessels segment consists of transportation of containerized products through ownership and trading of container vessels. The Dry Bulk Vessels segment includes dry bulk commodities transportation services. The company was founded by Konstantinos Vasileios Konstantakopoulos in 1974 and is headquartered in Monaco.

Earnings data Q1 2021

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Earnings data Q3 2023

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Costamare reports record earnings, eyes strategic investments for growth

Costamare's strong financial performance in 2022 reflects strategic decisions and market positioning.
Despite challenges in the dry bulk market, the company's focus on diversification and prudent investments is evident.
Opportunities for growth exist through exploring new ventures and capitalizing on market dynamics.
Maintaining a robust balance sheet and leveraging market insights are key to navigating future uncertainties.

Costamare reports strong Q1 earnings, secures long-term revenue streams

Costamare's Q1 2023 performance reflects robust financial results, strategic investments, and proactive measures to secure revenue streams.
While facing challenges in market volatility and operational management, the company's strong liquidity position and revenue visibility are key strengths.
Opportunities lie in capitalizing on rising charter rates, expanding strategic investments, and optimizing asset portfolio for future growth.
Overall, Costamare's performance highlights resilience, strategic foresight, and a focus on long-term sustainability and profitability.

Costamare reports solid Q2 earnings amidst market challenges and opportunities

Costamare's Q2 performance reflects financial stability with strong liquidity and steady growth in leasing transactions.
While facing challenges in market softening and volatility, the company maintains a focus on prudent financial management and strategic decision-making.
Opportunities lie in expanding the fleet through financing arrangements, leveraging market recovery indicators, and enhancing the Neptune Maritime Leasing platform.
Overall, Costamare's performance, strengths, challenges, and opportunities position the company for resilient growth and profitability in the maritime industry.

Costamare reports solid Q3 earnings, eyes growth amid market challenges

Costamare's Q3 performance reflects financial stability and strategic investments in its fleet. While facing challenges in certain market segments, the company's focus on growth and fleet renewal underscores a positive outlook. With a strong liquidity position and revenue stability in the Containership sector, Costamare is well-positioned to navigate market dynamics and pursue growth opportunities.

Costamare (CMRE) reports robust 2023 earnings amidst market challenges

Costamare (CMRE) delivered strong financial performance in 2023, driven by revenue growth and strategic fleet decisions. While facing challenges in a volatile market, the company is well-positioned to capitalize on opportunities in the leasing sector and vessel renewal strategies.

Costamare (CMRE) reports robust Q1 earnings amidst sector disruptions

Costamare (CMRE) delivered a solid performance in Q1 2024, driven by strong financial results and strategic fleet management decisions.
While facing challenges in investor communication and market uncertainties, Costamare (CMRE) has opportunities to capitalize on sector disruptions and drive growth.
Overall, Costamare (CMRE) remains well-positioned with secured contracts, fleet expansion, and a focus on revenue diversification to navigate industry dynamics.

Costamare posts robust Q2 earnings, eyes fleet expansion opportunities

Costamare's Q2 performance reflects financial strength and operational efficiency, supported by a robust liquidity position and strategic chartering decisions.
The company's focus on fleet renewal and cost-saving initiatives bodes well for long-term sustainability and competitiveness in the maritime industry.
While facing challenges in market fluctuations and vessel acquisitions, Costamare is well-positioned to capitalize on opportunities for growth and risk mitigation.

Costamare reports strong Q3 earnings, eyes fleet expansion opportunities

Costamare's Q3 performance reflects robust financial health, supported by a well-utilized containership fleet and long-term contracted revenues.
The company's strategic acquisitions and financial management initiatives strengthen its position in the shipping industry.
While facing challenges from external factors, Costamare can capitalize on growth opportunities through fleet expansion, strategic partnerships, and technological advancements.
Overall, Costamare's prudent financial decisions and market positioning position it well for sustainable growth and profitability.

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Costamare, Inc. is a holding company, which engages in the provision of containerships chartering. It operates through the following segments: Container Vessels, Dry Bulk Vessels, CBI, and Other. The Container Vessels segment consists of transportation of containerized products through ownership and trading of container vessels. The Dry Bulk Vessels segment includes dry bulk commodities transportation services. The company was founded by Konstantinos Vasileios Konstantakopoulos in 1974 and is headquartered in Monaco.

Costamare Inc. (NYSE:CMRE ) Q3 2024 Earnings Conference Call November 1, 2024 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Omar Nokta - Jefferies Clement Mullins - Value Investors Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Third Quarter 2024 Financial Results. We have with us today Mr.

Costamare Inc. (CMRE) Q3 2024 Earnings Call Transcript

Costamare (CMRE) came out with quarterly earnings of $0.68 per share, beating the Zacks Consensus Estimate of $0.64 per share. This compares to earnings of $0.46 per share a year ago.

Costamare (CMRE) Beats Q3 Earnings and Revenue Estimates

MONACO, Nov. 01, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (“Costamare” or the “Company”) (NYSE: CMRE) today reported unaudited financial results for the third quarter (“Q3 2024”) and nine-months ended September 30, 2024.

Costamare Inc. Reports Results for the Third Quarter and Nine-Month Period Ended September 30, 2024

The latest trading day saw Costamare (CMRE) settling at $13.21, representing a -1.42% change from its previous close.

Here's Why Costamare (CMRE) Fell More Than Broader Market

Costamare (CMRE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Costamare (CMRE) Earnings Expected to Grow: What to Know Ahead of Q3 Release

Earnings Release: Friday, November 1, 2024, Before Market Opens Conference Call and Webcast: Friday, November 1, 2024, at 8:30 a.m. ET

Costamare Inc. Sets the Date for Its Third Quarter 2024 Results Release, Conference Call and Webcast

In the most recent trading session, Costamare (CMRE) closed at $13.53, indicating a +0.67% shift from the previous trading day.

Costamare (CMRE) Laps the Stock Market: Here's Why

Here is how Costamare (CMRE) and Southwest Airlines (LUV) have performed compared to their sector so far this year.

Are Transportation Stocks Lagging Costamare (CMRE) This Year?

In the latest trading session, Costamare (CMRE) closed at $14.38, marking a +0.49% move from the previous day.

Costamare (CMRE) Surpasses Market Returns: Some Facts Worth Knowing

Caterpillar

Graco

On 10/21/24, Caterpillar, Graco and Costamare will all trade ex-dividend for their respective upcoming dividends. Caterpillar will pay its quarterly dividend of $1.41 on 11/20/24, Graco will pay its quarterly dividend of $0.255 on 11/6/24, and Costamare will pay its quarterly dividend of $0.115 on 11/6/24.

Ex-Dividend Reminder: Caterpillar, Graco And Costamare

In the most recent trading session, Costamare (CMRE) closed at $14.32, indicating a -1.65% shift from the previous trading day.

Costamare (CMRE) Stock Declines While Market Improves: Some Information for Investors

Costamare (CMRE) reachead $15.43 at the closing of the latest trading day, reflecting a -1.78% change compared to its last close.

Costamare (CMRE) Registers a Bigger Fall Than the Market: Important Facts to Note

MONACO, Oct. 03, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE), an international owner and provider of containerships and dry bulk vessels for charter, announced the election of two Class II directors at the Company's virtual annual meeting of stockholders held today.

Costamare Inc. Announces Election of Class II Directors at 2024 Annual Meeting of Stockholders

MONACO, Oct. 01, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred Stock”) (NYSE: CMRE PR B), US $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (the “Series C Preferred Stock”) (NYSE: CMRE PR C) and US $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) (NYSE: CMRE PR D). The dividend for the Series B Preferred Stock, the Series C Preferred Stock and the Series D Preferred Stock is for the period from July 15, 2024 to October 14, 2024. The dividend will be paid on October 15, 2024 to all holders of record as of October 11, 2024 of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock.

Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common Stock

Costamare (CMRE) closed the most recent trading day at $15.82, moving +1.8% from the previous trading session.

Costamare (CMRE) Outperforms Broader Market: What You Need to Know

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Is Costamare (CMRE) Stock Undervalued Right Now?

Costamare (CMRE) concluded the recent trading session at $13.91, signifying a +0.94% move from its prior day's close.

Why the Market Dipped But Costamare (CMRE) Gained Today

With CMRE shares appreciating this year, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.

Costamare Stock Surges 23% YTD: What's Next for Investors?

Costamare Inc. (NYSE:CMRE ) Q2 2024 Earnings Conference Call August 1, 2024 8:30 AM ET Company Participants Gregory Zikos - CFO Conference Call Participants Dylan O'Malley - Stifel Climent Molins - Value Investor's Edge Operator Thank you for standing by, ladies and gentlemen, and welcome to the Costamare Inc. Conference Call on the Second Quarter 2024 financial results. We have with us Mr.

Costamare Inc. (CMRE) Q2 2024 Earnings Call Transcript

Costamare (CMRE) came out with quarterly earnings of $0.77 per share, beating the Zacks Consensus Estimate of $0.72 per share. This compares to earnings of $0.56 per share a year ago.

Costamare (CMRE) Beats Q2 Earnings and Revenue Estimates

Costamare CMRE is scheduled to release second-quarter 2024 results on Jul 31, before market open.

Should You Buy Costamare (CMRE) Stock Ahead of Q2 Earnings?

Earnings Release: Wednesday, July 31, 2024, Before Market Opens Conference Call and Webcast: Wednesday, July 31, 2024, at 8:30 a.m. ET

Costamare Inc. Sets the Date for Its Second Quarter 2024 Results Release, Conference Call and Webcast

With Costamare (CMRE) shares gaining significantly this year, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.

Costamare (CMRE) Surges 43% YTD: What Should Investors Do Now?

Costamare (CMRE) closed at $15.56 in the latest trading session, marking a +0.52% move from the prior day.

Costamare (CMRE) Rises As Market Takes a Dip: Key Facts

MONACO, July 15, 2024 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”, “we” or “our”) (NYSE: CMRE) announced today that the Company has completed the previously announced redemption of all of its 4,574,100 outstanding shares of 8.875% Series E Cumulative Redeemable Perpetual Preferred Stock (the “Series E Preferred Stock”, and the redemption thereof, the “Redemption”) held by shareholders (the “Holders”). The redemption price of the shares of Series E Preferred Stock was $25.00 per share plus accrued and unpaid dividends in respect of the Series E Preferred Stock up to, but not including, the redemption date of July 15, 2024 (the “Redemption Date”, and such price, the “Redemption Price”). The Company paid a quarterly dividend of $0.554688 per share on the Series E Preferred Stock on July 15, 2024, immediately prior to the Redemption, to holders of record as of July 12, 2024. The Company funded the Redemption with cash on hand.

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