Costamare (NYSE:CMRE – Get Free Report) is expected to release its Q2 2026 results before the market opens on Monday, July 27th. Analysts expect Costamare to announce earnings of $0.57 per share and revenue of $193.1550 million for the quarter. Parties are encouraged to explore the company’s upcoming Q2 2026 earning report page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.
Costamare (NYSE:CMRE – Get Free Report) last released its quarterly earnings data on Wednesday, April 29th. The shipping company reported $0.63 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.57 by $0.06. The company had revenue of $199.25 million during the quarter, compared to analysts’ expectations of $191.50 million. Costamare had a return on equity of 16.42% and a net margin of 39.93%.The business’s revenue was up 5.6% on a year-over-year basis. During the same period last year, the firm posted $0.63 earnings per share.
Costamare Price Performance
Shares of NYSE CMRE opened at $15.73 on Friday. Costamare has a fifty-two week low of $9.38 and a fifty-two week high of $18.06. The business has a fifty day moving average price of $15.46 and a two-hundred day moving average price of $16.30. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.96 and a quick ratio of 1.92. The stock has a market capitalization of $1.89 billion, a PE ratio of 5.87 and a beta of 1.06.
Costamare Increases Dividend
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on CMRE shares. Fearnley Fonds raised shares of Costamare from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Weiss Ratings raised shares of Costamare from a “hold (c)” rating to a “hold (c+)” rating in a report on Thursday, May 21st. Finally, Wall Street Zen downgraded shares of Costamare from a “buy” rating to a “hold” rating in a research report on Saturday, April 25th. One equities research analyst has rated the stock with a Strong Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Costamare has a consensus rating of “Moderate Buy” and an average target price of $12.00.
View Our Latest Research Report on Costamare
Hedge Funds Weigh In On Costamare
Several large investors have recently made changes to their positions in CMRE. Bridgeway Capital Management LLC grew its stake in shares of Costamare by 2.1% in the third quarter. Bridgeway Capital Management LLC now owns 1,200,169 shares of the shipping company’s stock worth $14,294,000 after acquiring an additional 25,154 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of Costamare by 113.5% in the 4th quarter. Goldman Sachs Group Inc. now owns 1,116,647 shares of the shipping company’s stock worth $17,632,000 after purchasing an additional 593,734 shares in the last quarter. Ameriprise Financial Inc. raised its position in Costamare by 3.2% in the 3rd quarter. Ameriprise Financial Inc. now owns 828,789 shares of the shipping company’s stock worth $9,871,000 after buying an additional 25,985 shares during the last quarter. Vanguard Group Inc. grew its stake in shares of Costamare by 2.6% in the third quarter. Vanguard Group Inc. now owns 769,557 shares of the shipping company’s stock worth $9,165,000 after acquiring an additional 19,385 shares during the period. Finally, Marshall Wace LLP raised its holdings in shares of Costamare by 1.0% during the third quarter. Marshall Wace LLP now owns 710,989 shares of the shipping company’s stock valued at $8,468,000 after purchasing an additional 7,057 shares during the last quarter. 58.08% of the stock is currently owned by hedge funds and other institutional investors.
Costamare Company Profile
Costamare Inc is a leading owner and manager of containerships, specializing in the acquisition, chartering and operation of modern container vessels. The company secures employment for its fleet under a mix of long‐term and short‐term agreements, providing vital capacity to major shipping lines and leveraging fixed-rate charters to support cash flow stability.
Founded in 1974 and headquartered in Athens, Greece, Costamare has cultivated a disciplined approach to fleet renewal, often overseeing newbuild supervision and shipyard coordination to ensure vessels meet performance and environmental standards.
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