CMRE Stock Summary and Trading Ideas (Costamare Common $0.0001 Par Value | NYSE:CMRE)

Costamare Inc is an international owner and operator of containerships and dry bulk vessels. The company charter its containerships to the liner companies, providing transportation of containerized cargoes. It charter its dry bulk vessels to a wide variety of customers, providing transportation for dry bulk cargoes. The company's fleet of vessels includes Cosco Guangzhou, Cosco Ningbo, Cosco Yantian, Vantage, Valor, Valiant, Maersk Kobe, and among others. Costamare provides services to ocean carriers that demand a high standard of safety and reliability. It generates a majority of its revenue from the United States of America.

Costamare Common $0.0001 Par Value trades on the NYSE stock market under the symbol CMRE.

As of January 31, 2025, CMRE stock price declined to $11.80 with 103,344 million shares trading.

CMRE has a beta of 0.85, meaning it tends to be less sensitive to market movements. CMRE has a correlation of 0.12 to the broad based SPY ETF.

CMRE has a market cap of $1.41 billion. This is considered a Small Cap stock.

Last quarter Costamare Common $0.0001 Par Value reported $459 million in Revenue and $.68 earnings per share. This beat revenue expectation by $114 million and exceeded earnings estimates by $.04.

In the last 3 years, CMRE traded as high as $18.01 and as low as $7.71.

The top ETF exchange traded funds that CMRE belongs to (by Net Assets): IWM, AVUV, DFAT, BSVO, DFSV.

CMRE has underperformed the market in the last year with a price return of +12.2% while the SPY ETF gained +25.6%. CMRE has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -9.8% and -3.4%, respectively, while the SPY returned +5.4% and +3.0%, respectively.

CMRE support price is $11.54 and resistance is $12.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CMRE shares will trade within this expected range on the day.