CMRE · NYSE · Marine Shipping

Costamare

Owns and time-charters containerships while financing vessels through maritime sale-and-leasebacks.

$15.41
After-hours close−0.01 (−0.06%)
At close$15.42(+0.46%)
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Profile

Costamare Inc.CMREIndustrials

Owns cellular containerships and earns charter hire from international liner operators, primarily under long-term, fixed-rate contracts. A controlled Neptune Maritime Leasing platform adds sale-and-leaseback financing, while revenue remains concentrated among a limited group of major liner customers.

Owns a fleet of cellular containerships and earns voyage revenue by placing them with international liner operators, principally on long-term, fixed-rate time charters. Charterers generally cover fuel, port and canal costs, while the owner pays for crewing, maintenance, insurance and dry-docking. A range of vessel sizes supports service across east-west, north-south and intraregional trade lanes.

Extends its shipping exposure through Neptune Maritime Leasing, a controlled platform that finances vessels for other shipowners through sale-and-leaseback transactions. Fleet renewal is paired with contracted employment for vessels under construction, and the fleet has recorded low unscheduled off-hire. Revenue remains concentrated among major liner customers, while CEO-controlled affiliated managers provide core commercial, technical, crewing and administrative services.

Company facts

CEOKonstantinos V. Konstantakopoulos
ListedNov 4, 2010
ExchangeNYSE
HeadquartersMonaco, Monaco
CountryMonaco
Employees1,880
CIK0001503584
ISINMHY1771G1026

Key statistics

Market cap$1.86B
EPS (ttm)$2.63
P/E (ttm)5.86
ROE16.0%
P/B0.8384
P/S2.22
Dividend yield3.05%
Beta0.73vs XLI −0.01

Year to date −1.7% · Average volume (30d) 358.2K

Analysts

Price target, next 12 months$13.00−15.6%Median of 12 analysts · vs the Aug 28 close
ConsensusHold4 of 12 analysts rate it buy or better

Ratings

Target range

Latest analyst notes

DateFirmActionPrior ratingRatingPrior targetTarget
May 5, 2026Freedom BrokerUpgradeHoldBuy
Nov 4, 2025JefferiesReiterateHold$15$12

Earnings

EPS

Estimate$0.66
ReportedDue Nov 3, 2026

Revenue

Estimate$209.1M
ReportedDue Nov 3, 2026

History

Report dateEPS estEPSSurpriseRevenue estRevenueSurpriseNext session
Jul 27, 2026Q2 FY26$0.57$0.62+8.8%$193.2M$184.9M−4.3%−1.22%
Apr 29, 2026Q1 FY26$0.58$0.63+9.6%$191.5M$193.1M+0.8%+2.91%
Feb 18, 2026Q4 FY25$0.74$0.60−18.9%$204.0M$212.0M+3.9%−1.63%
Nov 4, 2025Q3 FY25$0.71$0.81+14.9%$197.9M$225.2M+13.8%+2.46%
View details

Financial highlights

12 quartersQ1 FY25Q2 FY25Q3 FY25Q4 FY25Q1 FY26Q2 FY26
Revenue$446.2M$210.9M$225.2M$212.0M$201.6M$200.8M
Gross profit$135.1M$116.7M$162.0M$114.1M$103.1M$102.7M
Operating income$107.7M$105.1M$117.8M$100.7M$88.1M$90.0M
Net income$100.1M$88.7M$97.9M$77.8M$80.4M$82.6M
Diluted EPS$0.79$0.69$0.77$0.60$0.62$0.64
Gross margin30.3%55.3%72.0%53.8%51.2%51.1%
Operating margin24.1%49.9%52.3%47.5%43.7%44.8%

Fiscal years (4-quarter sums)FY21 $793.6M · FY22 $1.11B · FY23 $1.51B · FY24 $1.79B · FY25 $1.09B

Revenue by product · FY25

Container Vessels Segment$846.7M · 100%

Balance sheet, Jun 30, 2026Cash & short-term investments $380.4M · Total debt $1.50B · Total assets $4.01B · Shareholders' equity $2.22B

Dividends

Next ex-date
Oct 21, 2026
estimated · in 53 days
Annual dividend
$0.47
per share
Dividend yield
3.05%
Schedule
Quarterly
4 payments a year

Raised for 8 straight years — most recently to $0.125 from $0.115 in Jul 2026. To collect a payout, hold shares through the close before the ex-date.

History

Ex-dateRecordPaidAmountNote
Jul 21, 2026Jul 21Aug 6$0.125raised from $0.115
Apr 20, 2026Apr 20May 5$0.115
Jan 20, 2026Jan 20Feb 5$0.115
Oct 21, 2025Oct 21Nov 6$0.115
Jul 21, 2025Jul 21Aug 6$0.115
Apr 17, 2025Apr 17May 6$0.115
Jan 21, 2025Jan 21Feb 6$0.115
Oct 21, 2024Oct 21Nov 6$0.115
View details

Ownership

Institutions 32.00%38.64M sharesInsiders 14.76%17.82M sharesOther 53.24%64.28M shares

Shares outstanding 120.74M · Float 45.26M · 37.5% free float

Top shareholders13F · 13D/G · Form 4

HolderShares% outstandingFormFiled
Christos Konstantakopoulos17.80M14.70%13GJul 6, 2026
Konstantinos Konstantakopoulos · director, officer: Chairman and CEO17.77M14.72%Form 4Jul 2, 2026
Dimensional Fund Advisors LP7.18M5.95%13FMay 7, 2026
BlackRock, Inc.4.30M3.56%13FMay 13, 2026
Acadian Asset Management LLC3.13M2.59%13FMay 13, 2026

Insider tradesForm 4

DateInsiderRoleSharesAvg price
Jul 29, 2026Grigorios Zikosdirector, officer: Chief Financial Officer−59,840$15.34
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Peers

  • Danaos

    Greek-controlled NYSE independent containership lessor; 75-ship, 477K-TEU fleet

  • Global Ship Lease

    NYSE containership lessor; 71 vessels, ~423K TEU, fixed-rate time charters.

  • SFL

    Diversified maritime lessor with ~30 containerships on long-term time charters.

  • Navios Maritime Partners

    Greek-led maritime MLP; containerships at 28% of fleet and 58% of backlog.

  • Euroseas

    Greek-controlled feeder/intermediate containership lessor, NASDAQ-listed.

CompareAfter-hours close

CompanyPriceChange
Costamare$15.41−0.06%$1.86B5.96.22.2−12.3%
Danaos$150.10−0.30%$2.74B5.15.52.6+4.7%
Global Ship Lease$44.86+0.74%$1.60B4.34.72.1+3.6%
SFL$12.37+0.04%$1.64B25.820.62.3+6.5%
Navios Maritime Partners$87.16−0.09%$2.48B5.74.71.7+25.2%
Euroseas$76.630.00%$540.7M3.94.72.4
Median5.14.72.3+5.6%