CMRE Stock Recent News

Costamare (CMRE) reachead $12.42 at the closing of the latest trading day, reflecting a -0.72% change compared to its last close.

Headwinds like high costs and environmental and geopolitical woes hurt the Zacks Transportation Shipping industry's outlook. VIK, ZIM, CMRE and ESEA are likely to overcome market challenges.

In the most recent trading session, Costamare (CMRE) closed at $12.88, indicating a -1.75% shift from the previous trading day.

Initiating coverage on Costamare with a "Buy" rating and an 18–24 month horizon due to attractive valuation and sustainable dividends. Strong fundamentals: robust liquidity, healthy credit metrics, and significant order backlog support the bull thesis and dividend sustainability. Market conditions: macroeconomic headwinds and geopolitical tensions impact rates, but expansionary monetary policies and strong chartering activity provide growth potential.

ST HELIER, Jersey, Dec. 09, 2024 (GLOBE NEWSWIRE) -- Neptune Maritime Leasing Limited (“Neptune Leasing” or the “Company”), a growth-oriented maritime leasing platform with the mission to providing shipowners with access to a flexible financing tool, is delighted to announce that it has been recognized as the “Shipping Financier of the Year 2024” at the Lloyd's List Greek Shipping Awards. The Shipping Financier of the Year Award trophy was presented by the sponsor of the award, Tototheo Global.

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 (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.

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.

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

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.