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Costamare Inc

Industrials US CMRE

12.72USD
-0.09(0.70%)

Last update at 2024-12-30T14:52:00Z

Day Range

12.6612.76
LowHigh

52 Week Range

8.8317.30
LowHigh

Fundamentals

  • Previous Close 12.81
  • Market Cap1599.32M
  • Volume20075
  • P/E Ratio4.44
  • Dividend Yield3.48%
  • EBITDA599.47M
  • Revenue TTM2030.34M
  • Revenue Per Share TTM17.08
  • Gross Profit TTM 766.65M
  • Diluted EPS TTM3.01

Analyst Recommendations

Financials

Income Statement

Balancesheet

Change in Cash

Total Operating Cash

Dividends Paid

Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Income before tax 554.69M 435.12M 8.88M 99.00M 67.24M
Minority interest 0.26M - - - -
Net income 554.96M 435.12M -71.75100M 99.00M 67.24M
Selling general administrative 19.53M 16.82M 11.02M 9.43M 9.16M
Selling and marketing expenses - - - - -
Gross profit 600.66M 441.87M 211.62M 229.03M 149.08M
Reconciled depreciation 166.20M 136.53M 108.89M 113.65M 96.29M
Ebit 380.18M 277.96M 194.07M 100.12M 39.95M
Ebitda 546.37M 414.50M 302.96M 213.78M 136.24M
Depreciation and amortization 166.20M 136.53M 108.89M 113.65M 96.29M
Non operating income net other - - - - -
Operating income 380.18M 277.96M 194.07M 100.12M 117.16M
Other operating expenses 579.47M 398.21M 281.33M 279.83M 260.02M
Interest expense 122.23M 86.05M 63.25M 89.01M 63.99M
Tax provision - - - - -
Interest income 5.96M 1.59M 1.83M 3.35M 3.45M
Net interest income -116.27700M -84.46000M -66.87500M -87.54300M -60.46400M
Extraordinary items - - - - -
Non recurring - - - - -
Other items - - - - -
Income tax expense -166.19600M -33.00400M 80.63M -12.49300M 10.69M
Total revenue 1113.86M 793.64M 460.32M 478.11M 380.40M
Total operating expenses 66.26M 46.44M 32.63M 30.75M 28.70M
Cost of revenue 513.20M 351.77M 248.70M 249.08M 231.32M
Total other income expense net 174.51M 157.16M -185.18900M -1.12600M 7.40M
Discontinued operations - - - - -
Net income from continuing ops 554.69M 435.12M 8.88M 99.00M 67.24M
Net income applicable to common shares 523.89M 404.05M -21.58600M 67.73M 36.74M
Preferred stock and other adjustments - - - - -
Breakdown 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Type yearly yearly yearly yearly yearly
Date 2023-12-31 2022-12-31 2021-12-31 2020-12-31 2019-12-31
Total assets 5287.02M 4896.23M 4407.04M 3010.52M 3011.96M
Intangible assets 0.27M 0.47M 0.67M 0.84M 1.03M
Earning assets - - - - -
Other current assets 181.28M 10.82M 8.79M 9.04M 8.62M
Total liab 2847.63M 2735.79M 2681.14M 1661.70M 1601.23M
Total stockholder equity 2382.53M 2160.44M 1725.90M 1348.82M 1410.73M
Deferred long term liab - 55.03M 31.86M 27.68M 21.98M
Other current liab 53.12M 59.59M 38.29M 23.87M 22.38M
Common stock 0.01M 3.50M 0.01M 0.01M 0.01M
Capital stock 0.01M 3.50M 0.01M 0.01M 0.01M
Retained earnings 1045.93M 746.66M 341.48M -9.72100M 60.58M
Other liab - 51.68M 33.87M 29.63M 7.93M
Good will - - - - 1.03M
Other assets - 193.31M 118.88M 79.18M 71.22M
Cash 745.54M 718.05M 276.00M 143.92M 148.93M
Cash and equivalents - - - - -
Total current liabilities 662.77M 423.09M 370.03M 206.97M 266.53M
Current deferred revenue 52.18M 25.23M 23.83M 11.89M 10.39M
Net debt 1902.29M 1866.57M 2282.45M 1441.15M 1404.96M
Short term debt 510.70M 320.11M 289.04M 163.63M 227.56M
Short long term debt 347.03M 320.11M 272.37M 147.14M 210.75M
Short long term debt total 2647.84M 2584.62M 2558.45M 1585.07M 1553.88M
Other stockholder equity 1315.20M 1363.86M 1386.64M 1366.49M 1351.35M
Property plant equipment - 3666.86M 3841.49M 2649.61M 2620.26M
Total current assets 1117.66M 1014.62M 426.12M 192.05M 197.24M
Long term investments 211.71M 20.97M 19.87M 78.23M 111.68M
Net tangible assets - 2156.48M 1725.23M 1347.98M 1409.70M
Short term investments 67.47M 120.01M - - -
Net receivables 83.01M 47.08M 32.31M 10.76M 16.58M
Long term debt 1999.19M 2264.51M 2169.72M 1305.08M 1206.40M
Inventory 61.27M 28.04M 21.36M 10.46M 10.55M
Accounts payable 46.77M 18.16M 18.86M 7.58M 6.21M
Total permanent equity - - - - -
Noncontrolling interest in consolidated entity - - - - -
Temporary equity redeemable noncontrolling interests - - - - -
Accumulated other comprehensive income 21.39M 46.42M -2.23100M -7.95700M -1.21400M
Additional paid in capital - - - - -
Common stock total equity - - - 0.01M 0.01M
Preferred stock total equity - - - - -
Retained earnings total equity - - - - -
Treasury stock - - - - -
Accumulated amortization - - - - -
Non currrent assets other 186.98M 193.31M 70.34M 51.40M 50.56M
Deferred long term asset charges - - - - -
Non current assets total 4169.36M 3881.61M 3980.92M 2818.47M 2814.71M
Capital lease obligations 301.62M 0.00000M 116.36M 132.86M 136.74M
Long term debt total - - - - 1326.33M
Breakdown 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Type yearly yearly yearly yearly yearly
Date 2022-12-31 2021-12-31 2020-12-31 2019-12-31 2018-12-31
Investments 42.49M 80.97M 33.00M 24.48M -112.64500M
Change to liabilities -0.71000M 20.99M 3.32M -1.56000M -0.95400M
Total cashflows from investing activities 42.49M -787.45600M -36.39700M -8.85800M -112.64500M
Net borrowings - 570.00M -165.13500M -149.60700M -139.17300M
Total cash from financing activities -166.05100M 482.59M -241.86200M -212.10700M -0.08050M
Change to operating activities -22.04400M 2.62M 8.63M -3.36000M -12.58800M
Net income 554.69M 435.12M 8.88M 99.00M 67.24M
Change in cash 458.03M 161.63M -3.97500M 29.38M -52.39400M
Begin period cash flow 353.53M 191.90M 195.87M 166.49M 218.88M
End period cash flow 811.56M 353.53M 191.90M 195.87M 166.49M
Total cash from operating activities 581.59M 466.49M 274.28M 250.39M 0.14M
Issuance of capital stock 3.75M - 0.00000M 0.00000M 111.22M
Depreciation 166.20M 136.53M 108.89M 113.65M 96.29M
Other cashflows from investing activities 2.77M 1.03M 2.23M 7.41M 0.93M
Dividends paid -119.54800M -71.26300M -65.47000M -58.65500M 49.14M
Change to inventory -6.67400M -9.91700M 0.09M 0.47M -0.13400M
Change to account receivables -6.15000M -12.82800M 3.85M 7.42M -14.36800M
Sale purchase of stock -60.09500M 0.00000M -1.68400M - 441.45M
Other cashflows from financing activities 994.15M 1209.26M -9.57300M 444.15M -3.44100M
Change to netincome - -111.79500M 106.74M 17.50M -5.68900M
Capital expenditures 61.90M 992.09M 101.92M 61.98M 142.99M
Change receivables - - - - -
Cash flows other operating - - - - -
Exchange rate changes - - - - -
Cash and cash equivalents changes - - - - -
Change in working capital -41.59000M -16.81000M 20.49M 0.57M -43.33800M
Stock based compensation 7.09M 7.41M 3.65M 3.88M 3.75M
Other non cash items -104.79400M 15.86M 11.77M 12.59M 17.57M
Free cash flow 519.70M -525.59900M 172.37M 188.42M -142.85220M

Peer Comparison

Sector: Industrials Industry: Marine Shipping

Company Change (USD) Price (USD) Trailing PE (x) Forward PE (x) Price Sales TTM (x) Price to Book Value (x) Enterprise Value to Revenue (x) Enterprise Value to EBITDA (x)
CMRE
Costamare Inc
-0.09 0.70% 12.72 4.44 - 0.79 0.64 1.57 4.57
CICOY
COSCO SHIPPING Holdings Co Ltd ADR
-0.18 2.20% 8.00 4.54 5.81 0.15 0.79 0.54 2.00
CICOF
COSCO SHIPPING Holdings Co. Ltd
- -% 1.63 4.65 5.66 0.14 0.78 0.54 2.02
AMKBF
A.P. Møller - Mærsk A/S
- -% 1680.00 7.17 35.46 0.51 0.47 0.70 2.73
AMKAF
AP Moeller - Maersk A/S A
- -% 1723.63 6.77 33.44 0.51 0.45 0.70 2.61

Reports Covered

Stock Research & News

Profile

Costamare Inc. owns and operates containerships and dry bulk vessels that are chartered to liner companies providing transportation of cargoes worldwide. As of March 19, 2024, it had a fleet of fleet of 68 containerships and 37 dry bulk vessels. The company was founded in 1974 and is based in Monaco.

Costamare Inc

7 Rue du Gabian, Monaco, Monaco, 98000

Key Executives

Name Title Year Born
Mr. Konstantinos V. Konstantakopoulos Chairman & CEO 1969
Mr. Gregory G. Zikos CFO & Director 1969
Mr. Anastassios Gabrielides Gen. Counsel & Sec. 1965
Mr. Anastasios Gabrielides General Counsel & Secretary 1965
Mr. Peter Lund Chief Commercial Officer NA

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