Costamare (CMRE) to Release Quarterly Earnings on Monday

Costamare (NYSE:CMREGet Free Report) is projected to release its Q2 2026 results before the market opens on Monday, July 27th. Analysts expect the company to post earnings of $0.57 per share and revenue of $193.1550 million for the quarter. Interested persons are encouraged to explore the company’s upcoming Q2 2026 earning summary page for the latest details on the call scheduled for Thursday, July 30, 2026 at 8:30 AM ET.

Costamare (NYSE:CMREGet Free Report) last announced its quarterly earnings results on Wednesday, April 29th. The shipping company reported $0.63 earnings per share for the quarter, beating the consensus estimate of $0.57 by $0.06. The firm had revenue of $199.25 million during the quarter, compared to analyst estimates of $191.50 million. Costamare had a return on equity of 16.42% and a net margin of 39.93%.Costamare’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.63 EPS.

Costamare Stock Up 0.4%

Costamare stock opened at $15.73 on Friday. Costamare has a 12 month low of $9.38 and a 12 month high of $18.06. The stock has a market capitalization of $1.89 billion, a PE ratio of 5.87 and a beta of 1.06. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.96 and a quick ratio of 1.92. The business has a 50 day simple moving average of $15.46 and a 200-day simple moving average of $16.30.

Costamare Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, August 6th. Investors of record on Tuesday, July 21st will be issued a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 3.2%. The ex-dividend date of this dividend is Tuesday, July 21st. This is a boost from Costamare’s previous quarterly dividend of $0.12. Costamare’s payout ratio is presently 18.66%.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of CMRE. Cubist Systematic Strategies LLC purchased a new stake in shares of Costamare in the first quarter valued at about $192,000. Millennium Management LLC purchased a new position in Costamare during the first quarter worth about $6,075,000. Dynamic Technology Lab Private Ltd boosted its holdings in Costamare by 13.5% in the 1st quarter. Dynamic Technology Lab Private Ltd now owns 19,064 shares of the shipping company’s stock valued at $188,000 after purchasing an additional 2,267 shares during the last quarter. Goldman Sachs Group Inc. boosted its holdings in Costamare by 42.2% in the 1st quarter. Goldman Sachs Group Inc. now owns 479,822 shares of the shipping company’s stock valued at $4,721,000 after purchasing an additional 142,372 shares during the last quarter. Finally, Jane Street Group LLC lifted its holdings in Costamare by 156.9% in the first quarter. Jane Street Group LLC now owns 200,984 shares of the shipping company’s stock valued at $1,978,000 after acquiring an additional 122,737 shares during the last quarter. Hedge funds and other institutional investors own 58.08% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on CMRE. Wall Street Zen cut shares of Costamare from a “buy” rating to a “hold” rating in a research note on Saturday, April 25th. Fearnley Fonds upgraded Costamare from a “hold” rating to a “strong-buy” rating in a research note on Thursday, April 30th. Finally, Weiss Ratings raised Costamare from a “hold (c)” rating to a “hold (c+)” rating in a research note on Thursday, May 21st. One research analyst has rated the stock with a Strong Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Costamare has a consensus rating of “Moderate Buy” and a consensus target price of $12.00.

View Our Latest Research Report on CMRE

About Costamare

(Get Free Report)

Costamare Inc is a leading owner and manager of containerships, specializing in the acquisition, chartering and operation of modern container vessels. The company secures employment for its fleet under a mix of long‐term and short‐term agreements, providing vital capacity to major shipping lines and leveraging fixed-rate charters to support cash flow stability.

Founded in 1974 and headquartered in Athens, Greece, Costamare has cultivated a disciplined approach to fleet renewal, often overseeing newbuild supervision and shipyard coordination to ensure vessels meet performance and environmental standards.

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Earnings History for Costamare (NYSE:CMRE)

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