Costamare Inc. (CMRE): $481.40M Revenue recorded on Wednesday, August 05


Costamare Inc. (NYSE:CMRE) changes shares on Wednesday trading session, with a change of 1.93% or $0.09 shares. The trading starts at $4.72 and closed at $4.66 throughout the day. The trading session low price was $4.6499 and day high was $4.77 on Wednesday, August 05. After the session, the Industrials sector daily volume shifted to 0.56 million while its average volume is 702.92K. In other hand, the CMRE market cap reached to $598.50M. While, its current target price is $6.00.

On May 1, 2018, BRIEF-Costamare Q1 Adjusted Earnings Per Share $0.12. According to the news reported on Reuters, * . REPORTS RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2018

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is down -0.63% and down -7.23% for month. Its quarterly performance was 5.32% above, while its half year performance is down -42.28%. CMRE yearly performance stood at negative -12.84% and fall -50.16% for year-to-date. Current recommendation for Costamare Inc. is 2.70.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CMRE EPS (TTM) for 12-month is -0.01. EPS for this year is 75.80%, while for the next year its value is 1.06. Its EPS Q/Q reached -490.60%. It has an EPS of -15.80% down for past five years.

Let’s take a look on the analyst recommendations on CMRE for the current month and previous month. For the current month, 1 of 3 analysts recommend stock as Buy while 2 as Sell, 0 as overweight, 0 as underweight and 0 as Hold. As compared with the previous month ratings, 0 analysts participate in stock recommendation. Out of 0, 0 rated it sell, 0 rated it as Buy and 0 as Hold Ratings. On the other hand, target price ranges from $4.00 – $10.00. Average target price for CMRE was reached at $7.33.

Dimensional Fund Advisors LP, Renaissance Technologies, LLC and Cape Ann Asset Management Ltd are the top three holders in Costamare Inc. (CMRE) stock. On Mar 30, 2020, Dimensional Fund Advisors LP has 5.3 million shares which valued 23.95 million. On Mar 30, 2020, Renaissance Technologies, LLC owned 4.08 million shares which valued at 18.43 million. On Mar 30, 2020, Cape Ann Asset Management Ltd has a total of 2.7 million shares which valued at 12.23 million. In the end, Cape Ann Asset Management Ltd have 2.27% shares outstanding of Costamare Inc. (CMRE) on Mar 30, 2020. The insider ownership moved to 77.90% and institutional holding shifted to 28.90%.

The company posted an EPS (TTM) of -0.01. According to the most recent quarter report on (Sep 2020), 3 analysts estimated an average EPS of 0.2, while 0.26 EPS posted a year ago period. Analyst Estimated EPS for CMRE published in the report was $0.15 – $0.24 during the same period. Comparing with last year, the average estimated EPS was 0.26 which is equal to 0.26 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CMRE fall -26.81% for period of 200 days. SMA for 50 days was -6.08% which is showing red signal, while SMA-20 was -2.28%. The moving average value for Costamare Inc. (CMRE) is 1.65M and 2.02% for 200 and 50 days respectively.