MONACO, July 01, 2026 (GLOBE NEWSWIRE) -- Costamare Inc. (the “Company”) (NYSE: CMRE) has declared cash dividends of US $0.476563 per share on its 7.625% Series B Cumulative Redeemable Perpetual Preferred Stock (the “Series B Preferred Stock”) (NYSE: CMRE PR B), US $0.531250 per share on its 8.50% Series C Cumulative Redeemable Perpetual Preferred Stock (the “Series C Preferred Stock”) (NYSE: CMRE PR C) and US $0.546875 per share on its 8.75% Series D Cumulative Redeemable Perpetual Preferred Stock (the “Series D Preferred Stock”) (NYSE: CMRE PR D). The dividend for the Series B Preferred Stock, the Series C Preferred Stock and the Series D Preferred Stock is for the period from April 15, 2026 to July 14, 2026. The dividend will be paid on July 15, 2026 to all holders of record as of July 14, 2026 of Series B Preferred Stock, Series C Preferred Stock and Series D Preferred Stock.
Costamare Inc.(CMRE)Earnings, Financials & Key Ratios
CMRE•NYSE
$14.51
5.1× P/E·Price updated Jul 7, 2026
AboutCostamare Inc. owns and charters containerships to liner companies worldwide. As of March 18, 2022, it had a fleet of 76 containerships with a total capacity of approximately 557,400 twenty-foot equivalent units and 45 dry bulk vessels with a total capacity of approximately 2,435,500 DWT. The company was founded in 1974 and is based in Monaco.Show more
- Revenue$878M-57.9%
- EBITDA$603M-3.6%
- Net Income$365M+14.0%
- EPS (Diluted)2.86+17.2%
- Gross Margin57.28%+114.4%
- EBITDA Margin68.72%+128.8%
- Operating Margin51.71%+133.1%
- Net Margin41.53%+170.5%
- ROE15.42%+20.7%
CMRE Price & Volume
Costamare Inc. (CMRE) stock price & volume — 10-year historical chart
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Fleet Rationalization Drives Deleveraging Amid Revenue Contraction
Investment Thesis • Updated 2026Q1
VerdictNeutral
Growth:Contracting
Profitability:Moderate
Financial:Healthy
Cash Flow:Mixed
Primary Risk:Cyclical Asset Value Volatility
Key Thesis Takeaways
- Costamare is undergoing a fundamental transition characterized by significant fleet rationalization and a deliberate shift toward a more conservative capital structure.
- While the company has successfully reduced its total debt from $2.6B in 2024Q1 to $1.5B in 2026Q1, investors should monitor the volatility in net income margins, which have fluctuated between 6.4% and 47.0% over the last two years.
- The long-term outlook remains tied to the company's ability to maintain operational efficiency across its dual-asset class portfolio while navigating the inherent cyclicality of global maritime charter rates.
Verdict Logic
while the company trades at a low P/E of 5.05 and has successfully deleveraged, the 54.8% revenue contraction and volatile free cash flow margins warrant caution regarding future earnings predictability.
CMRE Growth Metrics
Costamare Inc. (CMRE) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years6%
5 Years13.78%
3 Years-7.63%
TTM-51.65%
Profit CAGR
10 Years9.75%
5 Years110.23%
3 Years-13.07%
TTM8.38%
EPS CAGR
10 Years5.46%
5 Years-
3 Years-12.44%
TTM9.84%
Return on Capital
10 Years8.68%
5 Years12.11%
3 Years10.69%
Last Year11.54%
CMRE Recent Earnings
Costamare Inc. (CMRE) EPS & revenue vs analyst estimates — last 4 quarters
●Beat EPS 9/12 qtrs (75%)●Beat Revenue 11/12 qtrs (100%)
Q2 2026Latest
Apr 29, 2026Metric
Actual
Est
EPS
$0.63+9.6%
$0.57
Rev
$193M+0.8%
$192M
Q1 2026
Feb 18, 2026Metric
Actual
Est
EPS
$0.60-18.9%
$0.74
Rev
$212M+3.9%
$204M
Q1 2026
Feb 4, 2026Metric
Actual
Est
EPS
$0.69-6.8%
$0.74
Rev
—
$204M
Q4 2025
Nov 4, 2025Metric
Actual
Est
EPS
$0.81+14.9%
$0.70
Rev
$225M+13.8%
$198M
| Quarter | Date | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|---|
| Q2 2026Latest | Apr 29, 2026 | $0.63vs $0.57+9.6% | $193Mvs $192M+0.8% |
| Q1 2026 | Feb 18, 2026 | $0.60vs $0.74-18.9% | $212Mvs $204M+3.9% |
| Q1 2026 | Feb 4, 2026 | $0.69vs $0.74-6.8% | —vs $204M |
| Q4 2025 | Nov 4, 2025 | $0.81vs $0.70+14.9% | $225Mvs $198M+13.8% |
Based on last 12 quarters of dataView full earnings history →
Latest CMRE News
Recent stock market news and headlines for Costamare Inc. (CMRE)
GlobeNewsWire·Jul 1, 2026
Costamare Inc. Declares Quarterly Dividend on Its Preferred and Common StockPeers Comparison
Key metrics vs top competitors for Costamare Inc. (CMRE)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $14.51 | $1.75B | 5.07 | -57.87% | 41.53% | 15.42% | 4.55% | |
| $124.90 | $2.27B | 4.67 | 2.8% | 49.85% | 13.85% | — | |
| $38.96 | $1.4B | 3.42 | 8.63% | 50.23% | 21.99% | — | |
| $266.33 | $77.75B | 20.07 | -4.44% | 3.41% | 19.57% | — | |
| $23.92 | $2.88B | 6.01 | -18.07% | 1.56% | 2.48% | — | |
| $26.20 | $2.98B | 35.89 | -17.62% | 13.01% | 5.87% | — |
Compare CMRE vs Peers
Costamare Inc. (CMRE) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
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CMRE Frequently Asked Questions
Costamare Inc. (CMRE) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
What is Costamare Inc.'s revenue?
Costamare Inc. (CMRE) reported $849.6M in revenue for fiscal year 2025. This represents a 99% increase from $426.3M in 2008.
How fast is Costamare Inc. growing?
Costamare Inc. (CMRE) saw revenue decline by 57.9% over the past year.
Is CMRE profitable?
Yes, Costamare Inc. (CMRE) is profitable, generating $344.8M in net income for fiscal year 2025 (41.5% net margin).
Dividend & Returns
Does CMRE pay dividends?
Yes, Costamare Inc. (CMRE) pays a dividend with a yield of 4.55%. This makes it attractive for income-focused investors.
What is CMRE's return on equity?
Costamare Inc. (CMRE) has a return on equity (ROE) of 15.4%. This is reasonable for most industries.
What is Costamare Inc.'s free cash flow?
Costamare Inc. (CMRE) generated $158.0M in free cash flow for fiscal year 2025. Positive FCF indicates the company can fund dividends, buybacks, or reinvestment.