Costamare (NYSE: CMRE) is one of 25 public companies in the “Deep Sea Freight” industry, but how does it compare to its peers? We will compare Costamare to similar businesses based on the strength of its dividends, analyst recommendations, valuation, institutional ownership, earnings, risk and profitability.

Dividends

Costamare pays an annual dividend of $0.40 per share and has a dividend yield of 6.7%. Costamare pays out 105.3% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. As a group, “Deep Sea Freight” companies pay a dividend yield of 7.2% and pay out 0.0% of their earnings in the form of a dividend. Costamare lags its peers as a dividend stock, given its lower dividend yield and higher payout ratio.

Profitability

This table compares Costamare and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Costamare 12.70% 8.94% 3.83%
Costamare Competitors -97.12% -16.36% -5.76%

Earnings & Valuation

This table compares Costamare and its peers revenue, earnings per share and valuation.

Gross Revenue EBITDA Price/Earnings Ratio
Costamare $438.93 million $280.04 million 15.79
Costamare Competitors $228.45 million $92.34 million -2.64

Costamare has higher revenue and earnings than its peers. Costamare is trading at a higher price-to-earnings ratio than its peers, indicating that it is currently more expensive than other companies in its industry.

Institutional & Insider Ownership

27.0% of Costamare shares are owned by institutional investors. Comparatively, 66.3% of shares of all “Deep Sea Freight” companies are owned by institutional investors. 2.9% of shares of all “Deep Sea Freight” companies are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Risk & Volatility

Costamare has a beta of 2.22, indicating that its share price is 122% more volatile than the S&P 500. Comparatively, Costamare’s peers have a beta of 2.06, indicating that their average share price is 106% more volatile than the S&P 500.

Analyst Ratings

This is a summary of current ratings and recommmendations for Costamare and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Costamare 0 4 3 0 2.43
Costamare Competitors 194 606 652 13 2.33

Costamare currently has a consensus price target of $8.50, indicating a potential upside of 41.67%. As a group, “Deep Sea Freight” companies have a potential upside of 34.12%. Given Costamare’s stronger consensus rating and higher probable upside, equities research analysts clearly believe Costamare is more favorable than its peers.

Summary

Costamare beats its peers on 9 of the 15 factors compared.

Costamare Company Profile

Costamare Inc. (Costamare) is a holding company. The Company is an international owner of containerships. The Company is engaged in chartering its vessels to various liner companies. The Company provides marine transportation services around the world by chartering its container vessels to liner operators under long, medium and short-term time charters. As of March 10, 2017, the Company had a fleet of 69 containerships with a total capacity of approximately 456,000 TEU, including five newbuilds on order. The Company’s fleet of vessels includes Cosco Guangzhou, Titan, Cosco Yantian, Valor, Valiant and Maersk Kobe. Its subsidiaries include Adele Shipping Co., Bastian Shipping Co., Cadence Shipping Co., Jodie Shipping Co. and Kayley Shipping Co.

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