Costamare Inc. (CMRE)
Costamare Statistics
Share Statistics
Costamare has 119.96M shares outstanding. The number of shares has increased by 0.86% in one year.
| Shares Outstanding | 119.96M |
| Shares Change (YoY) | 0.86% |
| Shares Change (QoQ) | 0.14% |
| Owned by Institutions (%) | 27.87% |
| Shares Floating | 43.26M |
| Failed to Deliver (FTD) Shares | 949 |
| FTD / Avg. Volume | 0.2% |
Short Selling Information
The latest short interest is 1.53M, so 1.28% of the outstanding shares have been sold short.
| Short Interest | 1.53M |
| Short % of Shares Out | 1.28% |
| Short % of Float | 3.54% |
| Short Ratio (days to cover) | 5.46 |
Valuation Ratios
The PE ratio is 4.79 and the forward PE ratio is 4.18. Costamare's PEG ratio is -0.28.
| PE Ratio | 4.79 |
| Forward PE | 4.18 |
| PS Ratio | 0.74 |
| Forward PS | 0.5 |
| PB Ratio | 0.61 |
| P/FCF Ratio | 5.96 |
| PEG Ratio | -0.28 |
Enterprise Valuation
Costamare has an Enterprise Value (EV) of 3.16B.
| EV / Sales | 1.52 |
| EV / EBITDA | 5.1 |
| EV / EBIT | 5.88 |
| EV / FCF | 12.29 |
Financial Position
The company has a current ratio of 1.4, with a Debt / Equity ratio of 0.94.
| Current Ratio | 1.4 |
| Quick Ratio | 1.32 |
| Debt / Equity | 0.94 |
| Debt / EBITDA | 3.79 |
| Debt / FCF | 9.14 |
| Interest Coverage | 3.31 |
Financial Efficiency
Return on Equity is 12.73% and Return on Invested Capital is 9.83%.
| Return on Equity | 12.73% |
| Return on Assets | 6.21% |
| Return on Invested Capital | 9.83% |
| Revenue Per Employee | $857.57K |
| Profits Per Employee | $131.65K |
| Employee Count | 2,430 |
| Asset Turnover | 0.4 |
| Inventory Turnover | 26.49 |
Taxes
| Income Tax | 0 |
| Effective Tax Rate | 0% |
Stock Price Statistics
The stock price has increased by -25.38% in the last 52 weeks. The beta is 1.11, so Costamare's price volatility has been higher than the market average.
| Beta | 1.11 |
| 52-Week Price Change | -25.38% |
| 50-Day Moving Average | 10.38 |
| 200-Day Moving Average | 13.11 |
| Relative Strength Index (RSI) | 24.49 |
| Average Volume (20 Days) | 478.51K |
Income Statement
In the last 12 months, Costamare had revenue of 2.08B and earned 319.92M in profits. Earnings per share was 2.44.
| Revenue | 2.08B |
| Gross Profit | 556.66M |
| Operating Income | 463.91M |
| Net Income | 319.92M |
| EBITDA | 619.87M |
| EBIT | 456.29M |
| Earnings Per Share (EPS) | 2.44 |
Balance Sheet
The company has 722.78M in cash and 2.35B in debt, giving a net cash position of -1.63B.
| Cash & Cash Equivalents | 722.78M |
| Total Debt | 2.35B |
| Net Cash | -1.63B |
| Retained Earnings | 1.28B |
| Total Assets | 5.15B |
| Working Capital | 294.66M |
Cash Flow
In the last 12 months, operating cash flow was 537.72M and capital expenditures -280.48M, giving a free cash flow of 257.23M.
| Operating Cash Flow | 537.72M |
| Capital Expenditures | -280.48M |
| Free Cash Flow | 257.23M |
| FCF Per Share | 2.16 |
Margins
Gross margin is 26.71%, with operating and profit margins of 22.26% and 15.35%.
| Gross Margin | 26.71% |
| Operating Margin | 22.26% |
| Pretax Margin | 15.18% |
| Profit Margin | 15.35% |
| EBITDA Margin | 29.75% |
| EBIT Margin | 22.26% |
| FCF Margin | 12.34% |
Dividends & Yields
CMRE pays an annual dividend of $0.58, which amounts to a dividend yield of 5.24%.
| Dividend Per Share | $0.58 |
| Dividend Yield | 5.24% |
| Dividend Growth (YoY) | 0% |
| Payout Ratio | 23.57% |
| Earnings Yield | 20.87% |
| FCF Yield | 16.78% |
Analyst Forecast
The average price target for CMRE is $13.5, which is 61.7% higher than the current price. The consensus rating is "Hold".
| Price Target | $13.5 |
| Price Target Difference | 61.7% |
| Analyst Consensus | Hold |
| Analyst Count | 2 |
Scores
| Altman Z-Score | 1.34 |
| Piotroski F-Score | 7 |